Ernest Garcia III
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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Thailand:
Ernest Garcia III, CEO of Carvana Co., lost $2 billion, enough to drop him from the billionaire list.
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Australia:
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.
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Hungary:
Ernest Garcia III saw his wealth decrease by $1.4 billion after Carvana's stock dropped 20%.
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Russia:
Ernest Garcia III, the founder of Carvana, faced a loss of $1.4 billion as a result of the tariffs.
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Ukraine:
Ernest Garcia III lost $1.4 billion after Carvana's stock fell by 20%.
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