8 NYC real estate titans who landed on Forbes 400: VIDEO

Related Cos.'s Stephen Ross highest-ranked among city-based players

TRD New York /
Oct.October 06, 2015 02:04 PM

If you waded through the tech whiz kids, media moguls and billionaire hedge funders on the Forbes 400 list of America’s richest people, you may have spotted a few familiar faces (and one particularly bronzed face) from the New York real estate industry.

Though they haven’t earned, say, $62 billion like Warren Buffett, these New York estate powerhouses still made their mark on Forbes’ annual list. Related Cos. CEO Stephen Ross was the highest-ranked New York City-based bigwig, with a net worth of $6.7 billion. Developer Richard LeFrak was the only other titan to crack the top 100, where he was ranked just eight spots behind Ross at 79th, with a net worth of $6.1 billion.

And despite declaring a net worth exceeding $10 billion, Forbes pegged the fortune of developer-turned-presidential-candidate Donald Trump at a more modest $4.5 billion. Speculation about The Donald’s wealth predates his presidential run — an analysis of Trump’s assets by The Real Deal in June 2013 found experts estimating his net worth at around $8 billion.

For a look at the other city real estate players who landed on the Forbes 400 list, watch the video above or on The Real Deal’s YouTube page. — Kerry Barger

Video created by Uldis Dirnens.


Related Articles

arrow_forward_ios
Make Greenland Great Again? Trump wants to buy Arctic territory

Make Greenland Great Again? Trump wants to buy Arctic territory

Make Greenland Great Again? Trump wants to buy Arctic territory
Hamptons’ priciest summer rental to host MAGA extravaganza next month

Hamptons’ priciest summer rental to host MAGA extravaganza next month

Hamptons’ priciest summer rental to host MAGA extravaganza next month
President Donald Trump (Getty, iStock)

Trump tweets that he “may END” Obama-era fair housing regulation

Trump tweets that he “may END” Obama-era fair housing regulation
Photo illustration of Sam Zell (Getty, iStock)

For Sam Zell, it’s all about “foreclosures and opportunities”

For Sam Zell, it’s all about “foreclosures and opportunities”
Eric Trump with Trump National Doral Miami (Getty, Trump Org)

Eric Trump is in driver’s seat as Trump Org reopens properties

Eric Trump is in driver’s seat as Trump Org reopens properties
President Trump with 555 California Street and 1290 Sixth Avenue (Getty, Google Maps)

Trump could face massive tax bill with proposed sale of office towers

Trump could face massive tax bill with proposed sale of office towers
Donald Trump and Vornado's Steve Roth with 555 California Street in San Francisco (left) and 1290 Sixth Avenue in New York (right)

Vornado looks to sell towers co-owned with Trump

Vornado looks to sell towers co-owned with Trump
Presidential election may turn spotlight back to Opportunity Zones

Presidential election may turn spotlight back to Opportunity Zones

Presidential election may turn spotlight back to Opportunity Zones
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...