Benjamin W. Navarro, or Ben Navarro, is a prominent billionaire entrepreneur recognized for establishing and serving as the CEO of Sherman Financial Group, LLC. He was also a former vice president at Citigroup. Recently, Navarro came under the spotlight after his daughter Emma Navarro beat defending champion Coco Gauff at the US Open 2024.
Naturally, people are curious to know more details about Ben Navarro, including his net worth in 2024. So, here’s all you need to know about
What is Ben Navarro’s net worth in 2024?
Ben Navarro reportedly has an estimated net worth of $1.5 billion in 2024.
Navarro’s net worth in 2024 consists of earnings from his business, which was established by Sherman Financial Group in 1998, transforming it into a significant entity in the credit card and debt collection industry. The firm ranks among the largest purchasers of consumer debt in the United States and owns Credit One Bank, which focuses on providing credit cards to individuals with low credit scores.
Most recently, Navarro was in the news after his daughter Emma Navarro defeated Coco Gauff and progressed to the quarterfinals of the US Open 2024.
What does Ben Navarro do for a living?
Ben Navarro is an entrepreneur known as the founder and CEO of Sherman Financial Group, LLC.
Navarro currently holds multiple real estate and sports within Charleston. He is the proprietor of the Live To Play Tennis Club located in Mount Pleasant, South Carolina. Furthermore, in 2022, Navarro’s Beemok Sports acquired the rights to the Cincinnati Open. Additionally, he reportedly invested around $300 million in 2022 to acquire the Western & Southern Open, a prominent tennis event.
Ben Navarro’s earnings explained — how does he make money?
Ben Navarro earns money from his own company and through his real estate and sports investments
A significant asset of Navarro’s Sherman Financial Group is Credit One, a lender located in Las Vegas. It reportedly has issued over 18 million credit cards thus far. Navarro also owns property around Charleston, including a major hotel and a stadium.
