PATRICK WILLIS • Net Worth $500 Million • House • Yacht • Private Jet • American Recovery Services

Name:Patrick Willis
Net Worth:US$ 500 million
Source of Wealth:American Recovery Service
Private Jet:(N1PK) Gulfstream G250

Who is Patrick Willis?

Allow us to introduce you to Patrick Willis, an inspirational figure and the founder of the American Recovery Service. Born in 1956, Willis resides in the sunny city of Henderson, Nevada, and also owns a residence in the picturesque state of Florida.

Key Takeaways:

  • Patrick Willis, founder of American Recovery Service, began his career as a repo man at 16.
  • He transformed his employer’s company into the world’s largest national automotive repossession servicing company.
  • Willis is an active real estate developer with an extensive and diverse portfolio of commercial and resort properties.
  • He is also a dedicated philanthropist, donating to various causes and mobilizing resources to provide aid in times of crisis.
  • His net worth is estimated at $500 million.

American Recovery Service: From a Repo Man to a Global Leader

Patrick Willis’s journey with the American Recovery Service began in 1972 when he was only 16 years old. Starting his career as a “repo man“, Willis showed an entrepreneurial spirit and by 19, he had already bought out his employer’s company. Fast forward to today, and the American Recovery Service stands as the world’s largest national automotive repossession servicing company and a leader in its field.

The company primarily offers recovery services to various financial institutions including lenders, banks, and credit unions. In 1994, it marked a milestone by becoming the first Nationwide Repossession Portfolio Management Services Firm in the USA. Demonstrating its scale and efficiency, American Recovery Service repossesses a car every 2 minutes.

Real Estate Ventures

Beyond automotive repossession, Willis has proven himself as a successful real estate developer. One of his notable properties includes the University Plaza Waterfront Hotel located in Stockton, California. He conducts business through his company, Stockton Arena Hotel and Conference Center, LLC, which falls under the Patrick Willis Family Trust. His real estate portfolio is both extensive and diverse, encompassing various commercial and resort properties.

A Philanthropist at Heart

In addition to his business ventures, Willis is an avid philanthropist. In 2018, he made a significant contribution to the Cordova Community Council by donating a building valued at $8 million. Furthermore, he is a dedicated member of the Boys and Girls Club of El Dorado County.

In August 2019, following the devastating Hurricane Dorian in the Bahamas, Willis mobilized his yacht crew to provide aid and relief supplies using the yacht and its tenders. This act exemplifies his dedication to using his resources for the betterment of others in times of need.

Patrick Willis’ Net Worth

Through his multiple successful ventures, Patrick Willis has accumulated an estimated net worth of $500 million.

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Yacht Hospitality Owner

Patrick Willis

Watch this video!

Willis Yacht Hospitality

He is the owner of the Westport motor yacht Hospitality.

The Hospitality Yacht, originally named Wabi-Sabi, is a testament to the fine craftsmanship of Westport and the creative design prowess of Donald Starkey Designs. Built in 2011 and undergoing a thorough refit in 2016, this motor yacht boasts elegance and power in equal measure.