Ernest Garcia III: Early life. Ernest Garcia III is the son of Ernest Garcia II. The business magazine recently released its annual list of billionaires and DriveTime magnate Ernest Garcia II and retired U-Haul vice president Mark …
Garcia, the father to Carvana CEO and co-founder Ernie Garcia III, also has a large stake in the Tempe-based online used auto retailer Carvana. Garcia began his career as an associate in the Principal Transactions Group at RBS Greenwich Capital. Ernest Garcia III: $2.3 billion; used cars; No. Ernest Garcia II is the son of Ernest Garcia, who owned a liquor store, and was once the mayor of Gallup, New Mexico. As Chief Executive Officer at CARVANA CO., Ernest Garcia III made $2,957,128 in total compensation. Ernie has 3 jobs listed on their profile. The top 10 richest people in America for 2019 are: Jeff Bezos: $114 billion Bill Gates: $106 billion Warren Buffett: $80.8 billion Carvana went public in 2017. Ernest Garcia II was born on born May 1, 1957, the son of Ernest Garcia, who owned a liquor store, and was once the mayor of Gallup, New Mexico. • Carvana was founded by Garcia’s son, Ernest Garcia, III, as a subsidiary of DriveTime Automotive and was later spun out. Other notable automotive executives made the list, too. Forbes said his stake in … The estimated Net Worth of Ernest C. Iii Garcia is at least $22.6 Million dollars as of 3 May 2017. View Ernie Garcia’s profile on LinkedIn, the world's largest professional community. He earned a bachelor's degree in Management Science and Engineering from Stanford University in 2005. “We are prepared to return to rapid growth when the time is right.” Garcia III started the company Carvana as … Mr. Garcia owns over 183,333 units of Carvana Co stock worth over $19,688,131 and over the last 3 years he sold CVNA stock worth over $0.
He dropped out, but eventually earned a … 363. Career. Ernest Garcia III joined his father's company after he graduated from Stanford with an engineering degree. In addition, he makes $2,957,130 as Chairman of the Board, President, and Chief Executive Officer at Carvana Co. Of this total $885,000 was received as a salary, $0 was received as a bonus, $1,549,203 was received in stock options, $522,925 was awarded as stock and $0 came from other types of compensation. “Difficulty rarely leaves things as they were,” Chief Executive Officer Ernest Garcia III said on a call with analysts. His son, Ernest Garcia III, joined DriveTime in 2007 and was named Carvana’s chief executive in 2012 when the company was founded and subsequently split from DriveTime Automotive.