A. Jayson Adair
$1.5B
Born
Oct 16, 1969
Age
56
Source of Wealth
Damaged cars
Residence
Dallas, Texas
Citizenship
United States
Marital Status
Married
Children
2
Education
- A. Jayson "Jay" Adair is the co-CEO of Dallas-based Copart, a leader in online auctions for used and totaled cars.
- He joined the company in 1989 at age 19 as a manager; Copart's founder, Willis Johnson, is Adair's father-in-law.
- Adair pioneered Copart's move into online auctions in 1998, and by 2003, the company eliminated in-person bids and put auctions 100% online.
- He took over as Copart's CEO in 2010 after Johnson stepped down and now owns about 4% of the company's stock.
- As CEO, Adair expanded Copart's physical footprint to 243 locations in 11 countries.
- Adair owns a vineyard in Suisun Valley wine country in northern California.
- In 1996, Adair and Johnson bought the Internet domain name Copart.com -- they also tried to buy IAA.com as a joke on their biggest rival, but it was taken.
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