$2 Billion | Rank #1729
Who is Donald Foss
He launched the company in 1972 and was one of the first to offer loan programs that help dealers sell cars to customers with poor or no credit.
Foss ran Credit Acceptance as CEO for three decades, taking it public in 1992.
In early 2017 he stepped down as director of the company and retired. Coming from an average or middle class family, Donald Foss is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1729 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 77.0 years old. As of today, Donald Foss’s net worth is approximately 2 Billion.
Facts about Donald Foss
| Net Worth: | 2 Billion |
| Billionaire Rank: | 1729 |
| Age: | 77.0 |
| Date of Birth: | 18-06-44 |
| Gender: | Male |
| Currently Living in: | Farmington Hills, Michigan, United States |
| Birth Place: | United States |
| Source of Wealth: | auto loans |
To find out what is Donald Foss Net Worth, how he got there and what is Donald Foss Salary Per Day, Career, Biography and Childhood details, continue reading below.
Background of Donald Foss
Donald Foss was born on 18-06-44 in United States. Before he launched Credit Acceptance, Foss sold used cars from his driveway and went on to open his first lot in 1967 in Detroit. Foss learned the trade from his father, who owned a used-car dealership in Detroit. Being raised in the same country, Donald Foss spent most of his time in Michigan in the city of Farmington Hills.
Donald Foss net worth is estimated at 2 Billion Billion to date.
Professional Journey
You will see him often in social media. Donald Foss is the founder and former chairman of subprime auto lender Credit Acceptance Corp. There was a time when he would have embraced the change that was coming. He is one of the persons who are always trending in news. Before he launched Credit Acceptance, Foss sold used cars from his driveway and went on to open his first lot in 1967 in Detroit. In his youth, he was adventurous but unknown, but that was years ago. He launched the company in 1972 and was one of the first to offer loan programs that help dealers sell cars to customers with poor or no credit.
Foss ran Credit Acceptance as CEO for three decades, taking it public in 1992.
In early 2017 he stepped down as director of the company and retired. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. Donald Foss is the founder and former chairman of subprime auto lender Credit Acceptance Corp.
It is to be noted that Donald Foss is one of the selfmade billionaires in the world and stands at 1729 in most wealthy persons in the world.
FAQs
Here are a few most frequently asked questions about Donald Foss:
How much is Donald Foss worth?
Donald Foss’s net worth is estimated to be 2 Billion.
How old is Donald Foss?
Donald Foss was born on 18-06-44, and is currently 77.0 years old.
What is Donald Foss source of income?
Donald Foss acquires most part of his wealth from auto loans.
Concluding Donald Foss Net Worth
Currently with a net worth of 2 Billion, Donald Foss stands at 1729 in the world billionaires list. And draws most of his wealth from auto loans. Hope you like this information about Donald Foss. If you like this, then please share it with your friends. This above post is all about the estimated worth of Donald Foss. Do you have any queries? Feel free to ask via comment section.
Disclaimer: Please keep in mind that this is an estimated net worth of Donald Foss. Actual worth may vary a little. You can always get information by checking out Leaktown.com.
