Net Worth: $9.5 billion

LAST YEAR: $9 billion
CHANGE: 5.60%
AGE: 81
RESIDENCE: Malibu
SOURCE OF WEALTH: Auto financing

Hankey spent the last half century building a multi-billion-dollar legacy which he began through subprime auto lending at his family’s Midway Ford Dealership before expanding operations through Westlake Financial, the Mid-Wilshire-based auto lending business which now works with over 30,000 car dealerships across the country. Hankey has done well for himself through operating The Hankey Group, a group of companies specializing in tech, real estate, insurance and auto financing. Within the Hankey Group, Hankey Investment Co. has spurred the development of numerous mixed-use housing projects across Los Angeles including the recently completed sageLA development, which features 490 apartments and 35,000 square feet of retail in Koreatown. The North Hollywood Toyota dealership, data firm Nowcom and Knight, a property and casualty insurance company, are also among Hankey’s entities.

Education: University of Southern California.

In the news: Financed former President Donald Trump’s appeal bond for a fraud case which was ruled upon in February.