Don Hankey was born on June 13, 1943 in Malibu, California, United States, is Chairman, Hankey Group. The little-known king of subprime car loans, Don Hankey presides over the $1.7 billion (sales) Hankey Group, a Los Angeles-based auto services empire.
His Westlake Financial Services works with more than 25,000 car dealerships in all 50 states to provide car loans to people with bad, or no, credit.
The Hankey Group also includes a real estate firm and a Toyota dealership, plus auto insurance, rental car and dealer software companies.
As a teen Hankey worked as a lot boy, washing and polishing cars, and then as a salesman at his father's Los Angeles Ford dealership.
In 1972 he took over the dealership and began extending loans to people with poor credit. The business took off and is now his biggest asset.
Don Hankey is a member of Automotive
💰Don Hankey Net worth: $7.2 Billion
2013
$1.6 Billion
2014
$2.1 Billion
2015
$2.7 Billion
2016
$2.5 Billion
2017
$2.5 Billion
2018
$2.66 Billion
Some Don Hankey images
Famous Quotes:
What I take pride in is having profitable companies.
Biography/Timeline
1943
Don Robert Hankey was born on June 13, 1943 in Los Angeles, California, the son of a Los Angeles car dealer. He has a degree from University of Southern California.
1972
Hankey took over his father's Ford dealership in 1972, and built the Hankey Group, with its main Business being Westlake Financial Services, which makes subprime car loans. He is also a real estate investor in Downtown Los Angeles.
2015
As of September 2015, he had a net worth of $2.3 billion.