Donald Foss
Donald Foss | |
|---|---|
| Born | Donald A. Foss 1944/1945 (age 76–77)[1] |
| Nationality | American |
| Occupation | Former chairman and CEO, Credit Acceptance |
| Known for | Founder of Credit Acceptance |
| Spouse(s) | Married |
| Children | 2 |
Donald A. Foss (born 1945) is an American billionaire businessman, the founder and former chairman and CEO of subprime car finance company Credit Acceptance.
Early life[]
Foss was born circa 1945.[3] His father was a used car salesman.[3]
Career[]
Foss founded Credit Acceptance in 1972.[3] In January 2017, Foss stepped down as chairman.[1]
As of March 2018, Forbes estimated his net worth at US$1.2 billion.[4]
Personal life[]
Foss is married, with two children, and lives in Franklin, Michigan.[2]
References[]
- ^ a b "As Inventor of Subprime Car Loans Exits, Critics Smell a Lemon". 4 May 2017. Retrieved 6 March 2018 – via www.bloomberg.com.
- ^ a b "Forbes profile: Donald Foss". Forbes. Retrieved 19 November 2019.
- ^ a b c Metcalf, Tom (May 4, 2017). "As Inventor of Subprime Car Loans Exits, Critics Smell a Lemon". BloombergMarkets. Retrieved March 6, 2018.
- ^ Peterson-Withorn, Chase. "Meet The World's 259 Newest Billionaires". forbes.com. Retrieved 6 March 2018.
Categories:
- Living people
- 1940s births
- American company founders
- Businesspeople from Michigan
- American billionaires
- American chief executives
- People from Farmington Hills, Michigan