LA500 2024: Don Hankey

LA500 2024: Don Hankey

Founder, Chair
Hankey Group

Hankey oversees the Hankey Group, a group of companies specializing in auto, tech, real estate and insurance financing. Hankey was No. 7 on the Business Journal’s Wealthiest Angelenos list last year, with a net worth of $9 billion. He amassed his wealth primarily through Westlake Financial, the Mid-Wilshire-based subprime auto lending business which works with over 30,000 car dealerships across the country. Other businesses in his portfolio include the North Hollywood Toyota dealership, data firm Nowcom, real estate lender Hankey Capital as well as Knight, a property and casualty insurance company. Hankey Capital extended more than a $100 million in loans to the developer of the infamous Bel-air mega mansion known as “The One.” This year, Hankey made headlines by posting former president Donald Trump’s $175 million appeal bond through his Knight Specialty Insurance company.


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