The Buildings Behind 5 Real Estate Barons

Earlier this month, Forbes published its list of the 20 richest real estate billionaires in the world in 2016. Later, commercial data analytics firm CrediFi went beyond the rankings, digging into what buildings sit in these titan's portfolios—buildings that helped them make it to the top. See what they uncovered.

1. Wang Jianlin

Wang Jianlin is the world’s richest real estate baron and head of Wanda Group, China's largest commercial real estate development company. The Chinese titan has a net worth of $28.7B, making him the richest person in Asia and the world’s 18th-richest person overall.

Wanda Group owns a massive portfolio that includes many department stores, movie theaters and karaoke centers in addition to 84 hotels and 133 Wanda Plazas.

2. Donald Bren

Best known for developing Orange County, CA, Donald Bren took full control of Irvine Co in 1996. According to Forbes he is the fourth-richest real estate baron, with a net worth of $15.2B, and the richest from the US.

Irvine Co owns almost 100M SF of properties in California, along with spots in NYC and Chicago. In addition, Bren's company owns and manages 50,000 apartments, 500 office buildings and the enormous Irvine Spectrum Center outdoor shopping hub (pictured).

3. Stephen Ross

The 80th-richest person in the world and the ninth-richest real estate billionaire is Stephen Ross, founder and majority owner of Related Cos, with a net worth of $12B.

Stephen is the man behind the $20B Hudson Yards development project in NYC, and Related Cos developed the Time Warner Center (pictured), a Manhattan skyscraper that houses offices, retail, residential condominiums and the Mandarin Oriental Hotel.

4. Stan Kroenke

Stan Kroenke is the well-known owner of the LA Rams (not long ago the St. Louis Rams), and America's 55th-richest person with a net worth of $6.3B. He's also the 14th-richest real estate baron.

Kroenke founded the Kroenke Group in 1983, and he's been grabbing malls and retail centers ever since—in 2014 the group bought Louisville Plaza in Colorado for $16.7M.

5. Richard LeFrak

Richard LeFrak is No. 18 on the real estate baron list (a spot he holds with two others), and has a net worth of $6.7B.

He's the chairman and CEO of the real estate development company LeFrak, and is best known for developing 600 acres of land in Jersey City and turning it into the $10B development Newport (pictured), which houses apartment buildings, hotels, offices, schools, malls and parks. [Forbes]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Wall Street Impatient For Big Tech Returns On Data Center Spending

As AI Adoption Ramps Up, Half A Million Property Managers Are In The Crosshairs

Treasuries Hover Around 4.7% As Wall Street Questions If Warsh Is A 'Dove In Hawk's Clothing'

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Churchill Downs Plans To Sell 9 Casinos, Focus On Horse Racing

Bringing Stability And Savings To CRE Insurance Through Working Layer

More Hotel Owners In Need Of Cash Are Getting It From The Big Brands

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy