Don Hankey’s profile picture

Don Hankey

Chairman, Hankey Group
Don Hankey’s profile picture
Net worth 2018: $2.66 Billion
Industry: Automotive
Residence: Malibu, California
Country: United States
BirthDay: 13 June 1943
Sigh: Cancer
Children: 4
Education: Bachelor of Arts / Science, University of Southern California
BIOGRAPHY

Don Hankey was bornon 13 June 1943 in Malibu, California, United States, is Chairman, Hankey Group. Don Hankey is #893 in List Billionaires People In The World. 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.

NET WORTH STATISTIC
2013

$1.6 Billion

2014

$2.1 Billion

2015

$2.7 Billion

2016

$2.5 Billion

2017

$2.5 Billion

2018

$2.66 Billion

What I take pride in is having profitable companies.

Don Hankey
TIMELINE
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

1943

Don Robert Hankey was born on June 13, 1943 in Los Angeles, California, the son of a Los Angeles car dealer

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