Real Estate Info

46 REAL ESTATE BILLIONAIRES AND THEIR CHARACTERISTIC

List of the 46 billionaires who made their fortunes in real estate:

1. Raymond, Thomas, and Walter Kwok ($10.9 billion), Hong Kong
2. Lee Shau Kee ($9.3 billion), Hong Kong
3. Gerald Cavendish Grosvenor and family ($5.6 billion), Chester, United Kingdom
4. Eitaro Itoyama ($4.9 billion), Tokyo, Japan
5. Fukuzo Iwasaki ($4.4 billion), Kagoshima, Japan
6. Donald Bren ($4.3 billion), Newport Beach, Calif.
7. Cheng Yu-tung ($4.2 billion), Hong Kong
8. Kwek Leng Beng and family ($4 billion), Singapore
9. Yoshiaki Tsutsumi ($3.7 billion), Tokyo, Japan
10. Frank Lowy and family ($3.6 billion), Sydney, Australia
11. Akira Mori ($3.2 billion), Tokyo, Japan
12. Nina Wang ($3.1 billion), Hong Kong
13. Stefan Schörghuber ($2.9 billion), Munich, Germany
14. Charles Cadogan and family ($2.7 billion), London, United Kingdom
15. Ng Teng Fong ($2.6 billion), Singapore
16. Donald Trump ($2.6 billion), New York
17. Leonard Stern ($2.5 billion), New York
18. Melinda Esterhazy ($2.3 billion), Zurich, Switzerland
19. Leona Helmsley ($2.2 billion), New York
20. Samual Zell ($2.2 billion), Chicago
21. Matthew Bucksbaum and family ($2 billion), Chicago
22. Chen Din Hwa ($2 billion), Hong Kong
23. Peter Woo and family ($2 billion), Hong Kong
24. Melvin Simon ($1.9 billion), Indianapolis
25. John Whittaker ($1.7 billion), Isle of Man, United Kingdom
26. Manual Jove ($1.6 billion), La Coruna, Spain
27. Mortimer Zuckerman ($1.6 billion), New York
28. Archie Aldis (Red) Emmerson ($1.5 billion), Redding, Calif.
29. William Pulte ($1.5 billion), Detroit
30. John Sobrato ($1.5 billion), Atherton, Calif.
31. Edward Debartolo Jr. ($1.4 billion), Tampa, Fla.
32. Paul Raymond ($1.4 billion), London, United Kingdom
33. John Gandel and family ($1.3 billion), Melbourne, Australia
34. Vincent Lo ($1.3 billion), Hong Kong
35. Harry Triguboff ($1.3 billion), Sydney, Australia
36. George Argyros ($1.2 billion), Newport Beach, Calif.
37. Carl Berg ($1.2 billion), Atherton, Calif.
38. Thomas Flatley ($1.2 billion), Milton, Mass.
39. Olav Thon ($1.2 billion), Oslo, Norway
40. Albert Gubay ($1.1 billion), Isle of Man, United Kingdom
41. Edward Roski Jr. ($1.1 billion), Los Angeles
42. Alexander Spanos ($1.1 billion), Stockton, Calif.
43. John Arrillaga ($1 billion), Palo Alto, Calif.
44. Neil Bluhm ($1 billion), Chicago
45. Richard Peery ($1 billion), Palo Alto, Calif.
46. A. Alfred Taubman  ($1 billion), Bloomfield Hills, Mich.

Characteristics that all of the real estate billionaires share are:

• Move to California. Of the 21 U.S. real estate billionaires, eight (38 percent) live in Atherton, Newport Beach, Stockton, Palo Alto, or Los Angeles.
• Immigrate to Asia. If you have aspirations to live outside the United States, move to Asia and practice real estate there (13 of the 46 real estate billionaires, or 28 percent, live in Hong Kong, Japan, or Singapore.). The top three non-U.S. countries with the most real estate billionaires are Hong Kong (7), United Kingdom (5), and Japan (4).
• Get married. Of the 43 real estate billionaires whose marital status are known, 37 are married (86 percent), three are divorced (7 percent), and three are widowed (7 percent).
• Have lots of kids. The 43 real estate billionaires whose marital status are known have an average of 2.9 children; 11 (or 26 percent) have four or more children, with William Pulte topping the list with 14 children.
• Get a college degree. Of the 26 real estate billionaires whose educational attainments are known, 20 have a college degree or higher (77 percent) (15, or 58 percent, have a bachelor’s degree and five, or 19 percent, have graduate degrees); five are high school grads (19 percent); and one is a high school dropout (4 percent).