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Ernest Garcia III

Ernest Garcia III

billionaire CEO of Carvana

ArizonaTechnology

AIProfile Summary

Ernest Garcia III is a U.S. billionaire and the CEO of Carvana, a technology-enabled used-car retailer based in the auto sales industry WikidataSEC EDGAR. He was born in 1985 and is based in Arizona Wikidata. His estimated net worth is ~$11.4B Wikidata.

Business & SEC Activity

Carvana’s SEC filings show 1,001 total filings, including 900 insider filings, which indicates frequent insider reporting activity SEC EDGAR. The recent filings listed include Form 4 and Form 144; Form 4 reports changes in insider ownership, while Form 144 is a notice of proposed sale of securities SEC EDGAR. Carvana is classified in the retail-auto dealers and gasoline stations industry SEC EDGAR.

Philanthropy

The data shows three foundations associated with the name Garcia III: Article Iii Foundation, Aspen Foundation Iii, and Elkes Foundation Iii ProPublica 990. Across the available tax years, these foundations reported $2,738,963 in grants paid and $23,308,866 in total assets ProPublica 990.

Political Activity

The only recorded federal contribution is a $2,400 donation to Quayle for Congress on 2010-07-23 FEC. That contribution went to a Republican recipient, and the party breakdown shows all reported giving in the dataset went to REP FEC.

In the News

No news items were provided in the source data.

AI-generated summary from sec_edgar, fec, propublica_990, wikidata 6/27/2026 (gpt-5.4-mini). All claims are derived from the source data shown below.

USU.S. Presence

otherU.S. economic presence

990Philanthropy

$23.3MFoundation Assets
$2.7MGrants Paid
3Foundations
Article Iii FoundationAlexandria, VA
Civil rights, social action & advocacy (IRS NTEE R05)
Assets: $126KRevenue: $270KGrants: $137KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Aspen Foundation IiiBend, OR
Assets: $2.9MRevenue: $1.5MGrants: $1.6MTax Year: 2015
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Elkes Foundation IiiNew York, NY
Private grantmaking foundation (IRS NTEE T20)
Assets: $20.3MRevenue: $1.4MGrants: $970KTax Year: 2023
Mission, purpose & full 990 filings → ProPublica Nonprofit Explorer
Source: ProPublica (990) annual filing · latest on record (retrieved 3/9/2026) (proPublica_990)

FECPolitical Contributions

$2KTotal Contributed
1Contributions
2010–2010Date Range

By Party

REP
$2K

Top Recipients

QUAYLE FOR CONGRESS$2K
Source: FEC contribution filings · latest on record (retrieved 3/9/2026) (fec)

SECSEC Filings

1,001Total Filings
900Insider Filings
545EDGAR Mentions

Associated Companies

Entities appearing alongside this person in SEC full-text search — an association, not necessarily ownership or control. Follow each link to the primary SEC record to judge for yourself.

Recent Insider Filings

4FORM 4
6/16/2026
144xsl144X01/primary_doc.xml
6/15/2026
4FORM 4
6/11/2026
144xsl144X01/primary_doc.xml
6/10/2026
4FORM 4
6/9/2026
144xsl144X01/primary_doc.xml
6/8/2026
4FORM 4
6/4/2026
4FORM 4
6/3/2026
4FORM 4
6/3/2026
4FORM 4
6/3/2026
Source: SEC EDGAR regulatory filings · latest on record (retrieved 6/27/2026) (sec_derived)

PBSScore Breakdown

C
36.9
Public Benefit Score

The PBS is a weighted average of 2 components. The formula is open and versioned — the weight percentages below show how much each component contributes to the final score.

Philanthropy65% weight
10%

Evidenced charitable giving — built on what they actually give each year, not parked assets. Dominated by generosity (annual giving relative to net worth — the share of your fortune you give), plus the absolute scale of that giving, plus a small nudge for signing the Giving Pledge (a commitment, not a realized action).

Data: ProPublica 990 charitable disbursements, net worth, The Giving Pledge registry

Transparency35% weight
88%

How much sourced, public accountability data exists — net worth, political contributions, SEC filings, foundation 990s, news coverage, and a verified profile. More public disclosure scores higher.

Data: FEC, SEC EDGAR, ProPublica 990s, GDELT / NewsAPI, Wikidata

Formula (v2): PBS = 65% x Philanthropy + 35% x Transparency

Scored on 6/23/2026 on a 0–100 scale. The score uses only the signals we have populated data for. Goal Impact, Controversy, and Community Approval are deferred until that data exists — Phase 1 goal adoption, controversy detection, and community votes respectively.

All data is sourced from public records. Each section links to its original source. View on Wikidata

Ernest Garcia III — Public Benefit Score C (37) | Billionaire Army