#3: Arizona — Ernest Garcia II
Net Worth $17.3 billion
Ernest Garcia II made his fortune in the used car industry, building a business empire centered around automotive sales and financing. He became a major shareholder in Carvana, the online car retailer founded by his son. His earlier ventures in auto lending and dealerships laid the groundwork for that massive success.

Now, Garcia keeps a relatively low profile while remaining deeply connected to the business. Much of his wealth is tied to Carvana’s performance, and he continues to support its long-term growth. His family plays a central role, making it a rare example of a modern, family-driven automotive empire.
