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   Who owns Copart?

   • Forbes estimates that Johnson, who owns a 6% stake in Copart, is worth $1.8 billion; Adair owns 4%, comprising the bulk of his $1.1 billion fortune. Leveraging its network of high-tech auto lots, salvage giant Copart is crushing it during the pandemic, outpacing its longtime rival IAA.

   How Copart Is Making A Billion Dollars From A Junkyard - Forbes

   www.forbes.com/sites/giacomotognini/2020/11/16/how-to-make-a-billion-dollars-junkyard-cars-copart-salvage/

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   How many locations does Copart have?

   • He took the company public in 1994 and expanded across the country; Copart now has 243 locations in 11 countries. Johnson stepped down as CEO in 2010 and handed over the reins to his son-in-law, Jay Adair, who first joined Copart in 1989 at age 19.

   Willis Johnson - Forbes

   www.forbes.com/profile/willis-johnson/

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   What does Copart do?

   • Copart, Inc. is a global provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet and finance companies in 11 countries; the US, Canada, the UK, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman and Finland.

   Copart | Wikipedia

   en.wikipedia.org/wiki/Copart

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   Who does Copart sell cars for?

   • Copart sells vehicles for a variety of customers including finance companies, banks, dealers, fleets, rental car companies and the insurance industry. Copart also sells vehicles for franchised, independent and wholesale motor traders.

   Salvage Car Auctions - Our History - Copart UK

   www.copart.co.uk/content/uk/en/about-copart/our-history

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   Is Copart a profitable business?

   • It’s a lucrative business: Copart booked $700 million in net income on $2.2 billion sales in its 2020 fiscal year which ended in July, increasing its profits by 18% from the previous year despite the pandemic. Both Adair and Johnson have become billionaires thanks to a nearly 150% surge in Copart’s stock since January 2019.

   How Copart Is Making A Billion Dollars From A Junkyard - Forbes

   www.forbes.com/sites/giacomotognini/2020/11/16/how-to-make-a-billion-dollars-junkyard-cars-copart-salvage/

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   How did Copart become a remarketing company?

   • In 1994, he took Copart public (NASDAQ: "CPRT"), raising the money needed to expand the company. The development of VB3, Copart’s online auction system transformed Copart from a salvage vehicle auction company into a company offering a global remarketing platform that links buyers and sellers around the world.

   Salvage Car Auctions - Our History - Copart UK

   www.copart.co.uk/content/uk/en/about-copart/our-history

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2. en.wikipedia.org › wiki › CopartCopart - Wikipedia

   en.wikipedia.org › wiki › Copart

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   Copart, Inc. is a global provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet and finance companies in 11 countries; the US, Canada, the UK, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman and Finland.

3. www.forbes.com › profile › willis-johnsonWillis Johnson - Forbes

   www.forbes.com › profile › willis-johnson

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   5 days ago · Willis Johnson is the founder of Dallas-based Copart, a leader in online auctions for used and totaled cars; he owns about 6% of the stock. Johnson founded the company out of a single lot in...

4. www.bloomberg.com › news › articlesHow Rich Is Willis Johnson? Copart Founder Is a Billionaire ...

   www.bloomberg.com › news › articles

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   Nov 19, 2019 · Copart’s Johnson is worth $1.9 billion from scrapped vehicles; Texas firm has extended its reach to Brazil, U.K. and Germany

   • Author: Emma Vickers

5. www.forbes.com › profile › a-jayson-adairA. Jayson Adair - Forbes

   www.forbes.com › profile › a-jayson-adair

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   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,...

6. www.forbes.com › sites › giacomotogniniHow Copart Is Making A Billion Dollars From A Junkyard - Forbes

   www.forbes.com › sites › giacomotognini

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   Nov 16, 2020 · Forbes estimates that Johnson, who owns a 6% stake in Copart, is worth $1.8 billion; Adair owns 4%, comprising the bulk of his $1.1 billion fortune.

7. en.wikipedia.org › wiki › Willis_JohnsonWillis Johnson - Wikipedia

   en.wikipedia.org › wiki › Willis_Johnson

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   Johnson resides in Franklin, Tenn., and owns a large collection of classic cars, including a 1955 Chevrolet. [9] His son-in-law, Jay Adair, is the chief executive officer (CEO) of Copart, and owns shares in the company worth more than $800 million. [1]

8. www.copart.co.uk › content › ukSalvage Car Auctions - Our History - Copart UK

   www.copart.co.uk › content › uk

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   Copart was founded in 1982 by CEO Willis J. Johnson. Johnson with his entrepreneurial spirit, along with a strong work ethic and a passion for change, started Copart with just one salvage yard in California.