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Ernest Garcia III

Carvana CEO’s Father Sees .4 Billion Windfall From Stock Sale
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Carvana CEO’s Father Sees $1.4 Billion Windfall From Stock Sale

TheSpuzz Desk6 months ago06 mins

Source: Live Mint Ernie Garcia II, the father of Carvana Co. Chief Executive Officer Ernest Garcia III, has cashed in $1.4 billion of the company’s stock since April — a stake that’s now worth $2.5 billion after a blistering rally in the online auto retailer’s shares. The elder Garcia has unloaded almost 10 million shares…

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