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Who's The Richest Of Them All
May 5, 2014
Wonder who the richest real estate developer is in the US? It's not the orange-haired Donald you're thinking of; it's Irvine chairman Donald Bren, according to Forbes, ranking his $14.9B net worth No. 62 worldwide. Locally, Irvine's Silicon Valley portfolio encompasses more than 3M SF of office space in San Jose, Milpitas, Santa Clara, and Sunnyvale. In total, it's got some 50,000 apartments, 40M SF of office and 8M SF of retail, largely in SoCal. He's leaps and bounds above the next richest person in real estate in the US: Richard LeFrak and family come in at No. 215, with a $6.3B net worth, thanks to being one of the New York metro's biggest landlords. They also own properties in California and Washington state.
