Ben Navarro’s Net Worth in 2024: Fortune of American billionaire businessman Explored

One tennis player is making news before her return to the French Open this year because she is the heiress to a huge income that dwarfs that of the sport’s biggest stars. 

Fans of tennis might not know Emma Navarro by name, but Novak Djokovic, Roger Federer, and Rafael Nadal would be green with envy at how much money she has.

The 23-year-old American starlet, who will soon play Zeynep Sonmez in the French Open, isn’t feeling any cash pressure to do well. Everything is because of her rich father.

Navarro is ranked 22nd in the WTA. Her father is an investment mogul, and her grandfather was an American football player who became a teacher. Ben started and owns Sherman Financial Group, which includes Credit One Bank as one of its businesses.

Ben Navarro

Who is Ben Navarro?

Ben Navarro is an American billionaire businessman who founded and serves as the CEO of Sherman Financial Group, LLC, which owns Credit One Bank. He has an estimated net worth of $3 billion as of 2024.

Key points:

  • Ben Navarro was born in 1962 in Williamstown, Massachusetts, and grew up in Rhode Island. He earned a bachelor’s degree in finance from the University of Rhode Island in 1984.
  • Navarro worked at Goldman Sachs and Citigroup early in his career before founding Sherman Financial Group in 1998, which grew into a major credit card and debt collection company.
  • In 2005, Sherman Financial Group acquired a small bank and renamed it Credit One Bank, which has become a major credit card issuer focused on subprime borrowers.
  • Navarro has made significant investments in real estate, including acquiring the Kiawah Island Golf Resort in South Carolina. He also founded Beemok Hospitality Collection, a company with hotel, restaurant, and entertainment properties.
  • Navarro is heavily involved in philanthropy, founding Meeting Street Schools, a network of public and private schools, and the Meeting Street Scholarship Fund to provide college scholarships. He has also founded a mental wellness center called Modern Minds.
  • Navarro’s family includes his wife Kelly and four children, including daughter Emma Navarro, a rising professional tennis player who has achieved a career-high WTA ranking of #20.

Ben Navarro

Ben Navarro’s Net Worth in 2024

According to GoTechnical Now, Ben Navarro’s net worth is thought to be around $3 billion as of 2024.

His large amount of money comes from his successful business dealings in real estate, banking, and other areas. A big part of Navarro’s financial success has been his ability to spot and take advantage of good chances.

Because of his net worth, he is one of the richest  people in the United States, which shows how important he is to the business world.

How did Ben Navarro get his job?

Navarro’s first job was at Goldman Sachs, which is one of the world’s best financial banks. His time at Goldman Sachs taught him a lot about the financial world and gave him a lot of useful knowledge.

Navarro left Goldman Sachs and went to work for Citigroup, where he learned more about finance and business through a variety of roles. Navarro started Sherman Financial Group in 1998. It is a privately held investment company that buys bad loans and collects on debts.

Under his direction, Sherman Financial Group grew into one of the biggest and best companies of its kind, with assets worth billions of dollars. The company grew and made a lot of money thanks in large part to Navarro’s creative business ideas and sharp business sense. 

Ben Navarro

Sports interests of Ben Navarro

Ben Navarro is a huge sports fan and has spent a lot of money in the business. He runs the Charleston Tennis LLC business that puts on the Charleston Open WTA event. 

It grew to be the biggest tennis tournament for women in North America. He gave the money to fix up the Credit One Stadium as a gift to the people of Charleston and the city. In 2022, his sports company, Beemok Sports, also bought the rights to the Western & Southern Open.

For additional updates and insights on celebrities, browse through our previous posts where we’ve thoroughly explored all elements.

Ben Navarro’s Assets

Business Ventures

  • Founder and CEO of Sherman Financial Group, a global diversified investment services company
  • Owns Credit One Bank, a major credit card issuer focused on subprime borrowers
  • Founded Beemok Hospitality Collection, a hospitality company with hotel, restaurant, and entertainment properties in the Southeast
  • Acquired Charleston Place, the largest hotel in Charleston with 434 rooms, in 2021

Real Estate Investments

  • Owns the Kiawah Island Golf Resort in South Carolina, a luxurious resort known for its world-class amenities and natural beauty
  • Owns several other high-end residences and commercial real estate properties

Sports Investments

  • Owns the Live To Play Tennis Club in Mount Pleasant, South Carolina
  • Purchased Charleston Tennis LLC, owners of the Charleston Open women’s tennis event, in 2018
  • Funded extensive renovations to Credit One Stadium, home of the Credit One Charleston Open, in 2022
  • Acquired the rights to the Western & Southern Open tennis tournament in 2022


  • Founded Meeting Street Schools, a network of innovative educational institutions serving underprivileged communities in South Carolina
  • Established the Meeting Street Scholarship Fund to provide college scholarships for South Carolina high school students
  • Founded Modern Minds, a mental wellness center that uses holistic health strategies to help adults with anxiety and depression

Ben Navarro’s Cars and Houses

The available information does not provide details about Ben Navarro’s cars or houses. As a private individual, he seems to keep the specifics of his personal assets and lifestyle private.

Familiarize yourself with celebrities’ net value through Wortholino.

Leave a Comment