Donald Bren, the 88-year-old owner of real estate giant Orange County-based Irvine Co., has a net worth of $15.3 billion, according to Forbes — again the nation’s wealthiest individual property owner.
Fifth-wealthiest US real estate owner was Edward Roski, Jr.,82. His $5.5 billion worth, as estimated by Forbes, comes from Majestic Realty, a Los Angeles-based developer.
Rick Caruso, 62, has a $4.2 billion net worth from his Los Angeles mall development firm, according to Forbes. It’s the No. 9 individual U.S. property fortune. (J. Emilio Flores/The New York Times)
The 13th-wealthiest US real estate owner was Donald Sterling, 86, whose $3.8 billion worth comes from owning apartment buildings in Los Angeles. (AP Photo/Danny Moloshok)
“Bubble Watch” digs into trends that may indicate economic and/or real estate troubles ahead.
Buzz: The nation’s wealthiest property owners may have dodged a pandemic bullet, but they…