Donald Foss

American businessman (1943/1944 – 2022) From Wikipedia, the free encyclopedia

Donald A. Foss (1943 or 1944 – August 14, 2022) was an American billionaire businessman, the founder, chairman, and CEO of the subprime car finance company Credit Acceptance. At his death, his net worth was estimated at US$2 billion.[1]

Born1943 or 1944
Died (aged 78)
TitleFounder, CEO, and chairman of Credit Acceptance
Children3
Quick facts Born, Died ...
Donald Foss
Born1943 or 1944
Died (aged 78)
TitleFounder, CEO, and chairman of Credit Acceptance
Children3
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Early life

Foss was born c. 1944.[2] His father was a used car salesman.[2]

Career

Foss founded Credit Acceptance in 1972.[2] In January 2017, Foss stepped down as the company's chairman.[2]

As of March 2018, Forbes estimated his net worth at US$1.2 billion.[3]

Personal life

Foss was married, with three children, and lived in Farmington Hills, Michigan.[1] He died on August 14, 2022, at the age of 78.[4]

References

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