Thursday 23 November 2017

New York’s wealthiest real estate moguls

Wealth intelligence firm Wealth-X, has released data on the top 20 real estate moguls in New York City, ranked according to their personal net worth.

New York’s wealthiest real estate moguls

New York city skyline. William Warby

December 3, 2013

Richard LeFrak, chairman, CEO, and president of LeFrak Organization, heads the list with a net worth of US$4.9 billion.
LeFrak's family has invested in New York real estate for more than a century, but he has also diversified his property investment in Washington, Oregon, and California.

Richard LeFrak and his wife Karen. Andy Kropa, Getty Images

LeFrak’s company owns LeFrak City, a 5,000-unit apartment unit in Queens, in addition to 16 million square feet of commercial and residential property in Newport, New Jersey.

Leonard Stern of Hartz Group was second with a net worth of US$4.1 billion, while Stephen Ross of The Related Companies came in third with US$3.6 billion.

 List of top 20 New York property moguls. Wealth-X

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