#1499

Brett Hildebrand

United States 64 years old Self-Made

Overview

Source of Wealth
Banking, credit cards
Residence
Charleston, South Carolina

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.