Donald A. Foss ( – 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.

Early life

Foss was born 1944. His father was a used car salesman.

Career

Foss founded Credit Acceptance in 1972. In January 2017, Foss stepped down as the company's chairman. As of March 2018, ''

Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also r ...

'' estimated his net worth at US$1.2 billion.

Personal life

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

References

1940s births 2022 deaths American company founders Businesspeople from Michigan American billionaires American chief executives People from Farmington Hills, Michigan {{US-business-bio-1940s-stub