Profil Financier
Ernest Garcia III occupe actuellement le rang #372 du classement mondial StarFortune (secteur automobile). Fortune nette estimée : $9.8 B (+$109 M sur 24h).
Ernest Garcia III is the cofounder and CEO of Carvana, an ecommerce platform for buying and selling used cars.
Garcia III launched Carvana in 2012 as a subsidiary of DriveTime, a traditional used car business founded and run by his billionaire father, Ernest Garcia II.
Garcia started Carvana as a way to sell used cars directly instead of relying on middlemen; the company also offers financing services.
In 2017, Carvana spun out of Drivetime in an IPO that raised $225 million.
Garcia III's father helped fund the initial development of Carvana and remains its largest shareholder.
In 2018, Garcia gave $35 million worth of his personal stock to Carvana employees to commemorate the company selling its 100,000th car.