In this article, I will share the richest real estate agents in the world.
Real estate is a lucrative industry for some agents who have sales talent and skills. Real estate agents, brokers, and investors are among the wealthiest people in the country. Do you want to know how much money you can make on the job? Here are ten of the world’s wealthiest real estate agents.
Net Worth: $5.8 billion
According to Idol Net Worth, Edward Roski Jr. is the eighth wealthiest real estate professional in the country for 2022. He is the CEO of Majestic Realty, which his father founded in 1948.
In Los Angeles, the firm owns and manages nearly 90 million square feet of residential, retail, office, and industrial real estate. It is also present in Colorado, Florida, Georgia, Pennsylvania, and Texas.
Net Worth: $6 billion
Sam Zell made his fortune in real estate and wisely invested it in other businesses. He has stock in Equity Lifestyle, a publicly traded company. The company owns and operates manufactured home communities as well as RV resorts.
He owns Equity International, a private equity firm with holdings in the commercial real estate firm ARG Realty in Argentina. He is also a shareholder in Decameron, a Colombian hotel operator. He’s one of the country’s most prolific real estate investors, with international holdings. He has also made investments in healthcare, logistics, and energy firms.
Net worth: $4.4 billion
Jay Paul founded the Jay Paul Company. He established the company in San Francisco. It constructed a 70-story tower with luxury condos and offices. In San Jose, California, the firm specializes in high-rise office buildings.
He has real estate holdings in San Diego, Santa Cruz, and Austin, Texas. His privately held company manages millions of square feet of office space in Silicon Valley’s high-end district. His development firm creates office space that is leased to companies such as HP, Apple, and Amazon.
Net Worth: $4.7 billion
According to Whippio, Igor Olenicoff has a net worth of $4.7 billion as of August 2022. He emigrated from the former Soviet Union to the United States. Igor studied finance and mathematics at the University of Southern California. He continued his education and received his MBA.
After graduation, Olenicoff worked as an executive for a large corporation, but he yearned to be an entrepreneur. In 1973, he obtained his real estate license and established the Olen Properties Corporation.
Net Worth: $6.2 billion
Leonard Stern made his money as a commercial real estate agent in New York. In New York, he is the CEO and Chairman of Hartz Mountain. On the East Coast, the company manages over 250 properties. It primarily serves the cities of Baltimore, New Jersey, Atlanta, and Charlotte.
The portfolio includes suburban properties such as warehouses, as well as a few other types of real estate. Mr. Stern currently resides in New York, New York and has a net worth of more than $6 billion.
Net worth: $7.2 billion
As of 2022, Jeff Green is the fourth wealthiest real estate agent in the United States. During the housing crash, he made his fortune in the Palm Beach, Florida area by purchasing credit default swaps. He made a fortune trading subprime mortgage-backed bonds.
Green currently owns 2,500 Florida apartments and 3,500 in Los Angeles, California. Green also owns 5 Manhattan homes and 3 buildings.
Net Worth: $6.4 billion
In Chicago, Illinois, Neil Bluhm works as a real estate agent. He wisely purchased retail properties in Chicago’s affluent Gold Coast neighborhood. Bluhm also dabbled in sports betting and casino gambling. He merged with dMY Technology Group in a reverse merger.
He advanced his Rush Street Interactive company, which went public as a result of the merger. It added $2.4 billion to his bank account in a single year.
Net Worth: $8.3 billion
Stephen Ross worked as a tax attorney before becoming a developer with a focus on affordable housing. He founded Related Companies in 1972. The company grew and expanded into a multibillion-dollar conglomerate with properties ranging from New York to Florida.
Ross also owns a majority stake in the Miami Dolphins of the National Football League. He also currently resides in New York, New York.
Net Worth: $11.1 billion
According to Bloomberg, John A. Sobrato is one of the wealthiest real estate developers in the United States, with a net worth of more than $11 billion. He was only a teen when he enrolled at Santa Clara University. To help pay his bills, he worked as a real estate agent. The job led to him establishing the Sobrato Organization, a real estate firm in Silicon Valley.
His real estate development firm has worked with high-profile clients such as Netflix and Google. Mr. Sobrato’s company owns over 7.5 million square feet of Silicon Valley office space and runs the Sobrato Capital investment firm.
Net worth: $16.2 billion
According to Forbes, Donald Bren’s net worth as of August 2022 is $16.2 billion, making him the richest real estate mogul in the United States for 2022. He came in first place with a fortune of $16.2 billion. In just two years, his fortune grew by nearly two billion dollars. The billionaire from Newport Beach, California, owns more than “126 million square feet of Orange Country real estate.”
He also owns all but 3% of the MetLife Building in Manhattan, as well as 125 apartment complexes and 560 office buildings. He also owns over 40 shopping centers, golf courses, hotels, and marinas through his Irvine Company.
So these are the ten richest real estate agents in the world. Clap if you like my research. Thanks for reading. See you soon.
