Don Hankey

Don Hankey

Don Hankey (#439)

Global Rank #439
Country Rank #173
Country United States

What I take pride in is having profitable companies.

  • $ 8 B
  • Auto loans
  • United States
  • M
  • 82 Years

Snapshot

Quick Facts

Global Rank #439
Country Rank #173
Net Worth $8.2B
Previous Worth $8.2B
Worth Change +$0.0B
Country United States
Industry Auto loans
Age 82 Years
Gender M
Worth As Of May 4, 2026
Residence Las Vegas, Nevada
Citizenship United States

Profile Data

Personal Stats

Age 82
Source Of Wealth Auto loans, Self Made
Self Made Score 7
Philanthropy Score 1
Residence Las Vegas, Nevada
Citizenship United States
Marital Status Married
Children 4
Education Bachelor of Arts/Science, University of Southern California
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $8.2B
Current Net Worth $8.2B

Worth as of May 4, 2026

About Me

The little-known king of subprime car loans, Don Hankey presides over the $30 billion (assets) Hankey Group, a Los Angeles-based auto services empire. His Westlake Financial Services works with more than 50,000 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 bought control of the dealership and began extending loans to people with poor credit. The business took off and is now his biggest asset.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Don Hankey.

#440
Billionaires (2026)
#168
Forbes 400 (2025)

Insights

Did You Know?

The returns-obsessed Hankey has a strict rule for each of his businesses: achieve a 30% pretax return on equity and 20% revenue growth annually.

To make money, Hankey even regularly rents out his Malibu beach house for filming commercials, TV shows and movies, including CSI: Miami and Charlie's Angels.

Wealth Growth

Net Worth Growth Over Time

Tracking Don Hankey's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $8.2B (May 4, 2026)