$9 Billion         |         Rank #246

Who is Ernest Garcia, II.

Carvana was founded by Garcia’s son, Ernest Garcia, III, as a subsidiary of DriveTime Automotive and was later spun out.
Garcia II also owns and runs DriveTime Automotive, the nation’s fourth-biggest used car retailer.
In 1990 when he was 33, Garcia pleaded guilty to a bank fraud charge related to his dealings with Lincoln Savings & Loan. Coming from an average or middle class family, Ernest Garcia, II. is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 246 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 64.0 years old. As of today, Ernest Garcia, II.’s net worth is approximately 9 Billion.

Facts about Ernest Garcia, II.

To find out what is Ernest Garcia, II. Net Worth, how he got there and what is Ernest Garcia, II. Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Ernest Garcia, II.

Ernest Garcia, II. was born on 21-05-57 in United States. He dropped out of school before graduating to become a stock broker and eventually turned to real estate development in Phoenix. The son of a liquor store owner who was for a while also the mayor of Gallup, New Mexico, Garcia was on the golf team at the University of Arizona. Being raised in the same country, Ernest Garcia, II. spent most of his time in Arizona in the city of Tempe.

Ernest Garcia, II. net worth is estimated at 9 Billion Billion to date.

Professional Journey

You will see him often in social media.  Ernest Garcia, II is the biggest shareholder of Carvana, an online platform for selling used cars and making auto loans that conducted an IPO in 2017. 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. He dropped out of school before graduating to become a stock broker and eventually turned to real estate development in Phoenix. In his youth, he was adventurous but unknown, but that was years ago. Carvana was founded by Garcia’s son, Ernest Garcia, III, as a subsidiary of DriveTime Automotive and was later spun out.
Garcia II also owns and runs DriveTime Automotive, the nation’s fourth-biggest used car retailer.
In 1990 when he was 33, Garcia pleaded guilty to a bank fraud charge related to his dealings with Lincoln Savings & Loan. 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. Ernest Garcia, II is the biggest shareholder of Carvana, an online platform for selling used cars and making auto loans that conducted an IPO in 2017.
It is to be noted that Ernest Garcia, II. is one of the selfmade billionaires in the world and stands at 246 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Ernest Garcia, II.:

How much is Ernest Garcia, II. worth?

Ernest Garcia, II.’s net worth is estimated to be 9 Billion.

How old is Ernest Garcia, II.?

Ernest Garcia, II. was born on 21-05-57, and is currently 64.0 years old.

What is Ernest Garcia, II. source of income?

Ernest Garcia, II. acquires most part of his wealth from used cars.
 

Concluding Ernest Garcia, II. Net Worth

Currently with a net worth of 9 Billion, Ernest Garcia, II. stands at 246 in the world billionaires list. And draws most of his wealth from used cars. Hope you like this information about Ernest Garcia, II.. If you like this, then please share it with your friends. This above post is all about the estimated worth of Ernest Garcia, II.. 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 Ernest Garcia, II.. Actual worth may vary a little. You can always get information by checking out Leaktown.com.