GiveRate / All records / Forbes 400 (Sept. 2026) / Ernest Garcia III
Ernest Garcia III
Under 1%
Ernest Garcia III has given an estimated under 1% of current net worth ($11.4B), based on Forbes' philanthropy score.
- GiveRate
- Under 1%
- Net worth
- $11.4B
- Stated lifetime giving
- Not stated
- Forbes 400
- #134 · Used cars · Phoenix, Arizona
- Status
- Source-reported range
- Sources
- Forbes 400 profile · Sept. 2026
The math
Forbes philanthropy score 1 of 5: lifetime giving is under 1% of current net worth. The range is Forbes' own banding; GiveRate shows it as published.
Profile
- Age
- 44
- Residence
- Phoenix, Arizona
- Industry
- Automotive
- Source of wealth
- Used cars
- Self-made
- No (inherited or family wealth)
- Role
- Founder and Chief Executive Officer, Carvana
- One-year change
- $11.4B (#105) in Sept. 2025 to $11.4B (#134) in Sept. 2026, a gain of 0%.
What the range means in dollars
Forbes gives Ernest Garcia III a philanthropy score of 1 out of 5, meaning lifetime giving equals under 1% of current net worth. On a $11.4B fortune, that implies lifetime giving of less than $114M. 177 of the 400 share this score and 206 score higher.
For scale: under 1% of a $50,000 household income would be under $500.
Others in Automotive
- Ernest Garcia, II.: Under 1% · $24.3B
- Shahid Khan: Under 1% · $16.5B
- Dan Friedkin: 1–5% · $12.7B
- Roger Penske: Under 1% · $11.8B
- Gail Miller & family: 1–5% · $5.2B
- Mark Shoen: Under 1% · $5.1B
Others in Arizona
- Ernest Garcia, II.: Under 1% · $24.3B
- George Kurtz: Under 1% · $12.3B
- Mark Shoen: Under 1% · $5.1B
- Arturo Moreno: 1–5% · $5.0B
- Bob Parsons: 7.1% · $4.6B
- E. Joe Shoen: Under 1% · $4.4B
Questions
How much has Ernest Garcia III given to charity?
Forbes scores Ernest Garcia III 1 of 5 for philanthropy, meaning lifetime giving of under 1% of net worth, less than $114M on a $11.4B fortune.
What is Ernest Garcia III's net worth?
Forbes estimates $11.4B as of September 2026, ranking #134 on the Forbes 400.
What is Ernest Garcia III's GiveRate?
Under 1%. GiveRate is lifetime giving as a share of wealth, built from published Forbes figures. See giverate.org/methods/ for the method.
GiveRate is an estimate built only from the published figures above. Wealth and giving totals are themselves estimates. See methods. Spot an error? Request a correction. See all Forbes 400 (Sept. 2026) · Open in the interactive rankings · Calculate your own GiveRate