Through decades of smart deals and accumulation of property, Sam Zell has earned a reputation for buying distressed real estate and turning a hefty profit in the process. His sale of Equity Office Properties Trust to Blackstone made headlines in 2007 for its $39B price tag.
Foreseeing a slowdown for the American economy in the coming months, Sam’s been chucking property recently, including disposing of the Waldorf Astoria Chicago for $112M and the Illinois Center for $376M last year. His Equity Group Investments bought a majority share in Ardent Health Services in 2015 for $475M. Sam likes to ski, play racquetball and ride motorcycles.
Location: Dallas/Fort Worth | Net Worth: $4.90 B