Rank #1519
Brett Hildebrand
Net worth $2.8B
Banking, credit cards · United States
- Born
- Jan 01, 1962
- Age
- 64
- Source
- Banking, credit cards
- Residence
- Charleston, South Carolina
- Citizenship
- United States
- Marital status
- Children
- 0
- Education
Net worth over time
Biography
- Brett Hildebrand is a major shareholder of Credit One Bank, one of the largest subprime lenders in the United States.
- Despite a nearly identical name and logo to the better known Capital One Bank, Credit One is entirely separate and caters mainly to low-credit borrowers.
- After beginning his career at Goldman Sachs and Citigroup, Hildebrand cofounded Sherman Financial Group in 1998 with Ben Navarro, Credit One's controlling shareholder.
- Sherman Financial built Resurgent Capital Services into one of America's largest debt collection businesses before selling the company in 2021.
- Hildebrand has plowed his cash proceeds from Credit One into biotech, AI and fintech bets through his investment firm IAG Capital Partners.