The Richest in Real Estate Top 100

Joseph Cayre got his start in the media and entertainment industry, founding Caytronics in the 1970s. The company eventually became one of the largest Spanish record and music publishing companies in America.

Joseph and his brothers then founded Salsoul Records, a major independent disco music label. Moving from music to motion pictures, Joseph founded GoodTimes Entertainment—a movie licensing and production company—in 1984, serving as president and CEO for 16 years. He then switched industries again in the 1990s, founding CT Interactive Software, which he took public in 1995. The company not only created educational games and software, but some of the most landmark video games of all time, including Doom, Duke Nukem, and Quake.

Joseph made his final transition to commercial real estate in 2000, where he founded Midtown Equities to expand and manage his real estate holdings. He quickly showed he had the same prowess and acumen in this industry, with Midtown Equities becoming a well-recognized name in real estate investment and development, with holdings across the country and a wide variety of asset types.

And not only did Joseph develop Midtown Miami—a $2.3B mixed-use community in the heart of Miami—he also acquired 5M SF of retail and office space in Washington, DC and developed the Ritz-Carlton Residences, Inner Harbor Baltimore, the world's first entirely residential Ritz-Carlton property. His most well-known asset, however, is the $3.2B joint acquisition of a 99-year lease on the World Trade Center with Larry Silverstein and the Goldman families, which was the the largest real estate transaction in New York City history.