Ernie Garcia III is the chief executive of Carvana, and his father, Ernie Garcia II, is its largest shareholder. The two saw their wealth dip roughly $288 million in the new year so far.

CEO Ernie Garcia III, who co-founded the company, and his father, Ernie Garcia II, who bankrolled it, have seen a combined $11 billion increase in their net worths since December 2022, thanks to a ...

Ernie Garcia III has seen his fortune fall $6.7 billion this year to $119 million, according to the Bloomberg Billionaires Index, a percentage decline topped only by Sam Bankman-Fried.

Ernest "Ernie" Garcia III had a dream. ... The online business with a big footprint was widely perceived as a virtual house on fire. Carvana had $5.7 billion in debt coming due by 2030, ...

Ernie Garcia II and Ernie Garcia III have lost $18 billion combined this year, and some analysts predict more pain ahead for their company. Skip to content.

Carvana Co CVNA CEO Ernie Garcia III aspired for a drop in used-car prices upon pandemic recovery to protect the bottom line. A surge in used-car prices took care of Carvana's bottom line early in ...

Ernie Garcia III, 42, derives his wealth mainly from his stake in the company, which he co-founded in 2012. His 67-year-old father is also a major shareholder.

Ernie Garcia III is the chief executive of Carvana, and his father, Ernie Garcia II, is its largest shareholder. The two saw their wealth dip roughly $288 million in the new year so far. The ...

Ernie Garcia III is the chief executive of Carvana, and his father, Ernie Garcia II, is its largest shareholder. The two saw their wealth dip roughly $288 million in the new year so far.

Ernie Garcia III is the chief executive of Carvana, and his father, Ernie Garcia II, is its largest shareholder. The two saw their wealth dip roughly $288 million in the new year so far. The question ...