Ernest Garcia III

Ernest Garcia III

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Ernest Garcia III is the CEO of Carvana, an online car retailer that has transformed the way people buy and sell vehicles. He was recently in the news due to significant financial losses, amounting to $1.4 billion, following a 20% drop in Carvana's stock price.

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Recent news mentions

Carvana chief executive Ernest Garcia III’s two-day loss of $US2 billion was enough to push him off the list of the world’s 500 richest people.

Billionaires to lose nearly a trillion dollars in two days in sharemarket fallout
The Sydney Morning Herald·AustraliaAustralia· 2025-04-06
3.0

Ernest Garcia III, the founder of Carvana, faced a loss of $1.4 billion as a result of the tariffs.

Bloomberg назвал потери богатейших людей мира от пошлин США — РБК
RBC·RussiaRussia· 2025-04-04
5.0

Ernest Garcia III lost $1.4 billion after Carvana's stock fell by 20%.

Цукерберг, Безос, Маск та інші найбагатші люди світу втратили $208 млрд за один день • Mezha.Media
Українська правда (Ukrayinska Pravda)·UkraineUkraine· 2025-04-04
4.0