Ben Navarro

Ben Navarro
Born Benjamin W. Navarro
1962/1963 (age 55–56)[1]
Williamstown, Massachusetts, US
Residence Charleston, South Carolina, US
Nationality American
Education University of Rhode Island
Occupation Businessman
Known for Founder and CEO, Sherman Financial Group
Net worth US$3 billion (March 2018)
Spouse(s) Kelly Navarro
Children 4
Parent(s) Frank Navarro

Benjamin W. Navarro (born 1962/1963) is an American billionaire businessman, the founder and chief executive officer (CEO) of Sherman Financial Group, LLC, which owns Credit One Bank.

Early life

He is one of eight children of Frank Navarro, a college football coach who posed for the Norman Rockwell painting, "The Recruit".[2][3] He was born in Williamstown, Massachusetts, when his father was football coach at Williams College.[4]

He grew up in Westerly and Chariho, Rhode Island.[5] He graduated from Princeton High School, New Jersey, when his father was coaching the Princeton University football team.[4]

Navarro earned a bachelor's degree in finance from the University of Rhode Island.[1]

Career

Navarro worked for Goldman Sachs for three years, before joining Citigroup in 1988, rising to vice president and co-head of mortgage sales and trading.[1]

He left Citigroup in 1997, and founded Sherman Financial Group, LLC, of which he is the chief executive officer (CEO).[1]

Navarro has an estimated net worth of about $3 billion.[2][4]

Sports interests

Navarro owns the Live To Play Tennis Club in Mount Pleasant, Charleston, which has hosted two USTA national junior tennis championships, and five International Tennis Federation women's pro circuit tournaments.[6]

In 2018, he was a bidder for the Carolina Panthers NFL sports franchise. He ultimately lost to David Tepper.[2]

In September 2018, he bought Charleston Tennis LLC, owners of the Volvo Car Open women's tennis event, and the Family Circle Tennis Center and Volvo Car Stadium, through his company Beemok Sports LLC.[6]

Personal life

He is married to Kelly Navarro, they have four children and live in Charleston, South Carolina.[2][6]

All four offspring are involved in tennis; Emma is the number two-ranked US junior, younger sister Meggie is also highly ranked.[6]

References

  1. 1 2 3 4 "Executive Profile: Benjamin W. Navarro". Bloomberg LP. Retrieved 29 September 2018.
  2. 1 2 3 4 "Potential Panthers owner Navarro is a low-profile billionaire". espn.co.uk. Retrieved 29 September 2018.
  3. ↑ "Getting to know Panthers owner candidate Ben Navarro". 247sports.com. Retrieved 29 September 2018.
  4. 1 2 3 "Billionaire's row: A deep look at the potential bidders for the Carolina Panthers". wbtv.com. Retrieved 29 September 2018.
  5. ↑ "Ben Navarro Bio - Sherman Financial Group". sites.google.com. Retrieved 29 September 2018.
  6. 1 2 3 4 Courier, James Beck Special to The Post and. "Charleston billionaire Ben Navarro buys Volvo Car Open women's tennis event". postandcourier.com. Retrieved 29 September 2018.
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