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Dylan Hughes

Dylan Hughes

·Sep 28, 2021

Carvana’s Unique Investment Structure Has Enriched Its CEO — And His Father

The company’s shareholders aren’t very happy about it — $3.6 billion: That’s how much the father of Carvana CEO Ernie Garcia III has sold in the company’s stock since October 2020. Garcia III spun Carvana off from his father’s used-car dealership chain, DriveTime, in Arizona. …

Number Crunch

2 min read

Carvana’s Unique Investment Structure Has Enriched Its CEO — And His Father
Carvana’s Unique Investment Structure Has Enriched Its CEO — And His Father
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