These real estate billionaires made Forbes’ list of richest Americans

Execs on the list include Donald Trump, Stephen Ross and Jonathan Gray

National /
Oct.October 04, 2019 09:30 AM
From left: Stephen Ross, Jonathan Gray, Sheldon Solow, John Catsimatidis, Charles Cohen and Donald Trump (Credit: Getty Images, iStock)

From left: Stephen Ross, Jonathan Gray, Sheldon Solow, John Catsimatidis, Charles Cohen and Donald Trump (Credit: Getty Images, iStock)

The market may be down, but these real estate executives are doing just fine.

Almost 50 industry titans, including Stephen Ross, Charles Cohen and Jeff Greene, made this year’s Forbes 400 list, which ranks America’s wealthiest people.

Warren Buffett was tops among those with real estate chops and was number three overall, with a net worth of $80.8 billion. Other big wigs from the sector were Blackstone’s Jonathan Gray (number 225), Irvine Company’s Donald Bren (32) and Red Apple Group’s John Catsimatidis (319).

Developers were also well represented, with Sheldon Solow (148), Jeff Sutton (179), Jerry Speyer (187) and Ben Ashkenazy (207) all making the list.

The youngest real estate billionaire in the top 400 was Nathan Blecharczyk, the 36-year-old co-founder of Airbnb, who is worth $4.2 billion. The company’s other co-founders, Brian Chesky and Joe Gebbia, both 38, also cracked the ranking with net worths of $4.2 billion, putting them in equal position at number 168.

President Trump, with a net worth of $3.1 billion, slipped 16 spots to 275th.

In addition to real estate professionals, the list also included some buyers and sellers of high-profile New York properties, including Amazon CEO Jeff Bezos (1) and hedge funder Ken Griffin (38). Earlier this year, Bezos dropped $80 million for three units inside the luxury condo 212 Fifth Avenue, while Griffin set a national record with his $238 million purchase of a penthouse at 220 Central Park South. [Forbes] — Sylvia Varnham O’Regan

 

Related Articles

arrow_forward_ios
Allen Weisselberg and Manhattan District Attorney Cy Vance (Getty)
Feds subpoena Trump CFO’s personal bank records
Feds subpoena Trump CFO’s personal bank records
Jenna Ryan (Twitter.com/DotJenna)
Broker who stormed Capitol apologizes as she is charged
Broker who stormed Capitol apologizes as she is charged
Donald Trump and Rosemary Vrablic (Getty/Illustration by Kevin Rebong for The Real Deal)
Real estate deal prompted resignation of Trump’s longtime banker
Real estate deal prompted resignation of Trump’s longtime banker
Atlantic City Mayor Marty Small supports Carl Icahn, who owns Trump Plaza Casino. (Getty, Marty Small via Instagram)
Carl Icahn pulls plug on auction to demolish Trump casino
Carl Icahn pulls plug on auction to demolish Trump casino
Robert Zangrillo and Rick Renzi with Donald Trump (Getty)
Trump pardons Zangrillo, Jemal, other real estate figures
Trump pardons Zangrillo, Jemal, other real estate figures
House republicans Kevin McCarthy, Blaine Luetkemeyer and Steve Scalise have all received more than $100,000 from real estate PAC donations. (Getty)
Real estate trade groups reconsider donations after Capitol unrest
Real estate trade groups reconsider donations after Capitol unrest
Airbnb Brain Chesky and President-elect Joe Biden (Getty)
Airbnb cancels all DC-area bookings for inauguration week
Airbnb cancels all DC-area bookings for inauguration week
Walmart suspends political contributions to GOP lawmakers who opposed President-elect Joe Biden’s election certification (iStock; Getty)
Walmart cuts off cash to pols who opposed election certification
Walmart cuts off cash to pols who opposed election certification
arrow_forward_ios

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

Loading...