April 25, 2024 9:00 pm
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10 Arizonans make Forbes’ list of the world’s richest people

By Jeff Gifford | Phoenix Business Journal

After a year in which many billionaires got richer and their ranks grew to unprecedented numbers, Arizona has one more billionaire than last year for a total of 10 on Forbes magazine’s annual list of the world’s richest people.

Carvana’s biggest shareholder and the founder of used-car retailer DriveTime Automotive, Ernest Garcia II, was the richest Arizonan on the Forbes’ 2021 World’s Billionaires List, coming in at No. 121 in the world with a net worth of $15.9 billion — which grew to $16.7 billion in Forbes’ “real time” calculation as of April 6. Last year Garcia ranked No. 875 on the global list.

Read the full subscription story from the Phoenix Business Journal.

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