Ernest C. Garcia III founded the used car e-commerce platform Carvana in 2012. He has been leading the company as CEO and President since the beginning. He launched the company under his father’s used car business DriveTime. Carvana CEO Ernie Garcia’s vision has been to help buyers get used cars without interference from middlemen. Under his leadership, the company went for an IPO in 2017. He made it an independent entity from Drivetime, raising 225 million USD. His company tasted huge success within a short time for its simple business concept. For details about Carvana CEO email address, Ernie Garcia net worth & family, and Carvana CEO salary, refer to this wiki.
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Carvana Competitors
Other popular online retail platforms for used cars are:
- CarMax
- Vroom
Ernie Garcia Net Worth – Carvana CEO Salary
As of 2023, Ernie Garcia’s net worth can be estimated to be around 3-12 billion USD. He reportedly earns 5-12 million USD annually.
Carvana CEO Email Address | Ernie Garcia Contact
To contact the company’s co-founder and CEO, you can write to [email protected]. You can visit his LinkedIn profile at https://www.linkedin.com/in/ernie-garcia-8122a421/.
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Carvana Net Worth – Is Carvana Profitable?
As of 2023, Carvana’s net worth lies around 2-8 billion USD. No, Carvana is not profitable.
Career & Education – Company, University, & College
Ernest C. Garcia III is one of the founders of Carvana. He has been running the company as CEO and President since 2012. He has also become the company’s chairman. Before Caravana, Gracia was at DriveTime Automotive Group, where he played different roles from 2007 to 2013. He was financial strategist, corporate finance’s managing director, and Quantitative Analytics’s VP/ Treasurer & Director. Before this, Ernie served RBS Greenwich Capital as an associate from 2005 to 2006. He went to Stanford University for a degree in management science and engineering.
Ernie Garcia Wiki – Age, Wife, Family, & More
Ernie Garcia, age 41, lives in Phoenix, Arizona with his wife Liza. The American billionaire entrepreneur’s father is Ernest Garcia II, who owns DriveTime and holds a major stake in Carvana. Ernie is an only child. He, with his father, possesses over 85% to 92% of voting power in the company.
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About Carvana
The e-commerce platform Carvana Co. helps customers buy and sell used cars online. The company was founded by Ernest Garcia III, Ryan Keeton, and Ben Huston. They founded Carvana with an aim to change car buying behavior of the people. They used tech-enabled customer service to replace traditional dealership style of working. The intuitive platform allows shoppers to seek finance, trade-ins, and other facilities. Founded in 2012, the company is headquartered in Tempe, Arizona, US.