Real Estate Billionaires on Forbes’ 2023 List (2024)

While it’s not a bad thing to be a billionaire, it was a rough year for many of those in the ten-figure club.

Due to the fallout from the pandemic, higher interest rates and a shaky stock market, nearly half of all the world’s billionaires are less wealthy than they were just a year ago, according to Forbes, which released its list of the richest people on the planet.

U.S. real estate, as always, was well-represented, and many of the industry’s biggest names ended up adding to their fortunes this year. Donald Bren, chair of Southern California-based Irvine Company, is the wealthiest American real estate titan, just cracking the top 100 (#97) with a $17.4 billion fortune, an increase of $1.2 billion from last year.

Also making the cut is Related Companies founder Stephen Ross (#147), whose net worth shot up to $11.6 billion from $8.2 billion, and retail mogul Jeff Sutton (#1217), who Forbes pegged to be worth $2.5 billion, down from $3.1 billion.

And despite the WeWork debacle, the company’s audacious co-founder made out like a bandit. Adam Neumann maintained a spot on the list (#1368) with a net worth of $2.2 billion, up considerably from $1.4 billion last year.

Other industry household names on the list include Leonard Stern ($7.6 billion), Igor Olenicoff ($6.9 billion), Neil Bluhm ($6 billion), Sam Zell ($5.2 billion), Jay Paul ($4.3 billion), Donald Sterling ($4.1 billion), Charles Cohen ($3.7 billion), Jerry Speyer ($3.6 billion), Herb Simon ($3.4 billion), Donald R. Horton ($2.9 billion), Ben Ashkenazy ($2.6 billion), and David Walentas ($2.4 billion).

It wasn’t just the usual suspects on the list. Newcomers to the billionaire club include Annette Lerner ($6.4 billion), Greystar co-founder Bob Faith ($5.2 billion), L.A.-based apartment developer and landlord Geoffrey Palmer ($3.2 billion), New York real estate scion Stefan Soloviev ($2.3 billion), Carroll Companies founder Roy Carroll II ($2.9 billion), and Richard Kurtz ($1 billion).

And, of course, former president Donald Trump, (#1,217) who saw his fortune decrease to $2.5 billion from $3 billion.

Real Estate Billionaires on Forbes’ 2023 List (2024)

FAQs

How many billionaires are there in the world in 2023? ›

According to Forbes, there are 2,640 billionaires as of May 2023. This is 19 times the amount there was in 1987.

Who is the richest person on earth 2023? ›

1. Elon Musk – $221 billion. With a current wealth of $221 billion, Elon Musk maintains his position as the world's wealthiest person. The valuation of his current firm, Tesla, which manufactures electric vehicles, is over $800 billion.

Who is number 1 on Forbes billionaire list? ›

Who is the richest man in the world? As of June 1, 2023, the richest man in the world is Bernard Arnault, the CEO and chairman of LVMH of France; he's worth $215 billion. He moved into the number one spot after Elon Musk's fortune fell in late 2022 as shares of electric carmaker Tesla fell.

Who is the biggest real estate tycoon? ›

Donald Bren, chair of Southern California-based Irvine Company, is the wealthiest American real estate titan, just cracking the top 100 (#97) with a $17.4 billion fortune, an increase of $1.2 billion from last year.

What is considered wealthy in 2023? ›

You might need $5 million to $10 million to qualify as having a very high net worth while it may take $30 million or more to be considered ultra-high net worth. That's how financial advisors typically view wealth.

Who is the 14 year old billionaire? ›

Mia Talerico: $1.5 Million

At 14 years old, Mia Talerico has more than $1 million to her name.

Who is the richest female in the world? ›

There are 337 women on the 2023 World's Billionaires list, including a familiar face as the world's wealthiest. T he reign of Françoise Bettencourt Meyers continues.

Who is the most loved billionaire? ›

Bill Gates is the most loved in the highest number of countries (37), although he's most hated in three others.

Who is the richest family in the world? ›

The Walton Family is the richest family in the world. It owes its wealth to the Walmart company started by brothers Sam & Bud Walton in Northwest Arkansas more than six decades ago.

What country has most billionaires? ›

The country with the highest number of billionaires is, unsurprisingly, the US. The United States of America has 735 billionaires – same as last year, according to Forbes.

Who is the richest realtor in USA? ›

At the top, Orange County, California-based Donald Bren remains the wealthiest real estate billionaire in the country with an estimated $16.2 billion net worth, nearly $1 billion higher than last year.

What family owns the most real estate? ›

The 2022 Land Report 100, compiled each year by The Land Report magazine, released its annual list of landowners who own the most acres in the United States. The nation's largest private landowners are the Emmerson family in California who own over 2.4 million acres.

Who owns most of real estate? ›

Who Is the Largest Landowner in the U.S.? The largest landowners in the United States are the Emmerson family, with 2,330,000 acres of land.

What percentage of US population has $5 million dollars? ›

Somewhere around 4,473,836 households have $4 million or more in wealth, while around 3,592,054 have at least $5 million. Respectively, that is 3.48% and 2.79% of all households in America.

What percentage of US population has $3 million dollars? ›

What percentage of the U.S. population has $3 million dollars? According to The Kickass Entrepreneur, there are about 5,671,000 households in the U.S. that have a net worth of $3 million or more. This represents 4.41% of all U.S. households.

What salary is upper class? ›

What Is Middle-Class Income?
Income groupIncome
Low incomeLess than $52,200
Middle income$52,200 - $156,600
Upper incomeMore than $156,600

Which US state has no billionaires? ›

They live in 42 of the 50 states. The only states where you won't find a billionaire are Alabama, Alaska, Delaware, New Hampshire, New Mexico, North Dakota, Vermont, and West Virginia.

Where do most US billionaires live? ›

Three of the four biggest clusters of billionaires in the world are classic US destinations for the uberwealthy: New York City, Los Angeles, and the Bay Area, which includes the neighboring tech hubs of San Francisco and Silicon Valley. Nearly 163 billionaires reside in those three hot spots alone.

Which city has the most billionaires? ›

New York City came out on top of the world's wealthiest cities list with 340,000 millionaires, ahead of Tokyo with 290,300, and San Francisco's Bay Area with 285,000. San Francisco had the most billionaires, with 63, compared with New York's 58.

Who is the richest 9 year old in the world? ›

Hailing from Lagos, Nigeria, Mompha Junior, is the son of multimillionaire Nigerian internet celebrity Ismailia Mustapha, Muhammed Awal Mustapha. The young influencer boasts 29,800 followers on his Instagram account, where he posts photos of his grand lifestyle.

Who is the richest 17 year old in the world? ›

Valentina Pinault: $7.1 Billion

Not only is she the daughter of actress Salma Hayek, but her dad is Francois-Henri Pinault — a literal billionaire. And that means the sky's the limit for this teen. Acting?

Who is the youngest rich person alive? ›

But old age is not a requirement for amassing great wealth. In fact, there are 15 people around the globe who boast a three-comma fortune despite being 30 years old or younger. The youngest of this mostly lucky bunch are Clemente Del Vecchio and Kim Jung-youn, neither of whom have hit their 20s yet.

Who is the richest black woman in the world 2023? ›

1. Oprah Winfrey. An American talk show host, television producer, actress, author and philanthropist is currently the richest black woman as per Forbes. She currently has a net worth of $3.5 billion.

Who is the youngest self-made female billionaire in America? ›

Rihanna becomes the youngest self-made billionaire in America, according to Forbes 2022. Her net worth stands at 1.4 billion as of today. At the age of 34, Rihanna has become the youngest self-made billionaire in America, with a staggering net worth of USD 1.4 billion.

Who is the richest self-made billionaire woman? ›

Oprah tops list of richest self-made women.

Who is the richest white woman in the world? ›

1. Françoise Bettencourt Meyers: Net Worth- 94.9 billion USD. A French businesswoman and philanthropist hold the number one position among the World Richest Women. Francoise Bettencourt Meyers is the only granddaughter of the founder of the fashion company L'Oreal.

Who is richer Oprah or Ellen? ›

Oprah Winfrey has a higher net worth than DeGeneres, clocking in at an estimated whopping $2.5 billion compared to DeGeneres' $380 million.

Who is the richest daughter in the world? ›

1. Princess Charlotte of Cambridge: $5 billion. Princess Charlotte of Wales is one of the richest kids in the world, with a net worth of $5 billion (£3.85 billion). She is the second child of Prince William and Catherine, the Duke and the duch*ess of Cambridge.

Is any single person a trillionaire? ›

A trillionaire is an individual with a net worth equal to at least one trillion in U.S. dollars or a similarly valued currency, such as the euro or the British pound. Currently, no one has yet claimed trillionaire status, although some of the world's richest individuals may only be a few years away from this milestone.

Who is the richest being of all time? ›

Who was the richest person ever? The richest person ever is thought to have been an emperor with an accumulation of wealth often described as “unimaginable” or “incalculable.” The title goes to 14th-century African emperor Mansa Musa, and his wealth has been estimated to be the modern day equivalent of $400 billion.

Who has been the closest to being a trillionaire? ›

The World's First Trillionaires
  1. Elon Musk. Estimated year of trillion-dollar valuation. ...
  2. Gautam Adani. Estimated year of trillion-dollar valuation. ...
  3. Zhang Yiming. Estimated year of trillion-dollar valuation. ...
  4. Mukesh Ambani. Estimated year of trillion-dollar valuation. ...
  5. Bernard Arnault. Estimated year of trillion-dollar valuation.

Who is the richest family in America right now? ›

The top 10 richest families in 2022 by estimated wealth are: The Walton family with $224.5 billion. The Mars family with $160 billion. The Koch family with $128.8 billion.

Are the Rockefellers still rich? ›

How much is the Rockefeller family worth today? Rockefeller family's Net Worth is over $360 Billion Dollars.

Who are the richest families in America all time? ›

Wealthiest Americans included a total of seven members of the Rockefeller family, five members of the Ford family, four members of the Du Pont family (and a non-family DuPont executive), and four General Motors executives.

Are you rich if you have 2 million dollars? ›

Being rich currently means having a net worth of about $2.2 million. However, this number fluctuates over time, and you can measure wealth according to your financial priorities. As a result, healthy financial habits, like spending less than you make, are critical to becoming wealthy, no matter your definition.

Which state has the most billionaires in the world? ›

With 186 billionaires, California leads the country with the most ultra-wealthy residents. These billionaires mainly come from the technology and entertainment industries. California's wealthiest resident in 2022 was Larry Page.

Which country has the fastest growing billionaires? ›

Billionaires. The communist-ruled People's Republic of China is set to show the highest growth rate for billionaires in the coming ten years worldwide. In 2027, the total is expected to stand at 697 individuals with net assets of $1 billion or more. India is in second place.

What is the US average realtor salary? ›

On average, real estate agents make $84,459 per year according to salaries reported by Indeed users. Was this answer helpful?

Where is the most money made in real estate? ›

The 6 Highest Paying Real Estate Careers with Good Salaries
  • Home Inspector. If you already have a good main job and are looking for a part-time gig to maximize your income, you can work as a home inspector. ...
  • Real Estate Lawyer. ...
  • Real Estate Broker. ...
  • Commercial Real Estate Agent. ...
  • Property Manager. ...
  • Corporate Real Estate Manager.
Jan 6, 2022

What is the richest real estate job? ›

14 high-paying real estate jobs
  • Property accountant.
  • Real estate broker.
  • Realtor.
  • New home sales consultant.
  • Compliance specialist.
  • Real estate agent.
  • Real estate attorney.
  • Mortgage loan officer.
Mar 10, 2023

What is the largest private property in the US? ›

1. EMMERSON FAMILY. The nation's largest private landowners, California's Emmerson family, are a prime example of this trend. Through their Sierra Pacific Industries, the Emmersons increased their landholdings by more than 100 square miles to over 2.4 million acres.

Who owns the most housing in the US? ›

Leading apartment owners in the U.S. 2022, by units owned

Starwood Capital Group, which was the largest owner in 2022 with 115,000 units, is a private investment firm headquartered in Miami, Florida.

Who owns the most land in Florida? ›

Summary of the 11 Largest Landowners in Florida
RankLandownerAcreage Owned
1The St. Joe Company576,000 acres
2Foley Timber and Land Company562,000 acres
3Plum Creek Timber415,000 acres
4Rayonier Company400,000 acres
7 more rows
May 16, 2023

Who owns the most expensive property in the US? ›

In 2019, hedge fund owner Ken Griffin logged the highest amount paid for a residence on record in the US, when he bought a penthouse for $238 million in the lauded limestone tower.

Who is the biggest name in real estate? ›

Coldwell Banker Real Estate

The largest real estate company in the USA is Coldwell Banker. Founded in 1906, Coldwell Banker has over 100 years of experience buying and selling homes that they share with the people they work for. It has a total of 3000 offices and even exists in more than 49 countries.

Who owns most of the land in the world? ›

The Biggest Landowners in the World
RankNameLocations
1King Charles III and the British Royal FamilyUnited Kingdom, Canada
2Catholic ChurchWorldwide
3Inuit People of NunavutCanada
4Gina RinehartAustralia, United States
21 more rows

Which country has the most billionaires 2023? ›

The United States of America is home to 735 billionaires

The Forbes 2023 rich list reveals that 2,640 billionaires of the world hail from 77 countries or territories. The country with the highest number of billionaires is, unsurprisingly, the US.

Who is the richest kid in the world 2023? ›

Princess Charlotte has been refered as "the richest kid in the world" due to her status as a member of the British royal family, which is one of the wealthiest and most prominent royal families in the world.

Who is the top 100 richest man in 2023? ›

Here are the 25 richest people on the 2023 World's Billionaires list
  • #1. Bernard Arnault & family. Net worth: $211 Billion | Source of Wealth: LVMH | Age: 74 | Citizenship: France. ...
  • #2. Elon Musk. ...
  • #3. Jeff Bezos. ...
  • #4. Larry Ellison. ...
  • #5. Warren Buffett. ...
  • #6. Bill Gates. ...
  • #7. Michael Bloomberg. ...
  • #8. Carlos Slim Helú & family.
Apr 4, 2023

Are there any trillionaires in the world? ›

A trillion is such a huge number, followed by twelve zeros. That is one thousand times a billion (nine zeros followed by 1). Do you know that only 6 trillionaires ever lived on the face of earth? As of today, there are no trillionaires who live on earth.

Where do most billionaires live in USA? ›

Three of the four biggest clusters of billionaires in the world are classic US destinations for the uberwealthy: New York City, Los Angeles, and the Bay Area, which includes the neighboring tech hubs of San Francisco and Silicon Valley. Nearly 163 billionaires reside in those three hot spots alone.

What is the richest city in the world 2023? ›

According to a recent report by London-based consultancy Henley & Partners, New York City has been ranked as the world's wealthiest city in 2023.

What city has the most billionaires? ›

New York City came out on top of the world's wealthiest cities list with 340,000 millionaires, ahead of Tokyo with 290,300, and San Francisco's Bay Area with 285,000. San Francisco had the most billionaires, with 63, compared with New York's 58.

Who is the richest 14 year old? ›

At 14 years old, Mia Talerico has more than $1 million to her name. The actress is best known for starring in the TV series "Good Luck Charlie," which she started working on at just 11 months old.

Who is the richest girl in the world? ›

Françoise Bettencourt Meyers – US$80.5 billion

The richest woman in the world this year hails from France, just like the richest man, Bernard Arnault. With over US$80 billion in the bank, Bettencourt Meyers' wealth is derived from her and her family's 33 per cent stake in L'Oréal.

Who is the richest woman in the world 2023? ›

T he reign of Françoise Bettencourt Meyers continues. For the third year in a row, the French heiress retains the title of the richest woman in the world, with an estimated net worth of $80.5 billion, $5.7 billion more than last year.

Who is the most cash rich person in the world? ›

Luxury Mogul Takes Top Spot
RankNameSource
1Bernard Arnault & familyLVMH
2Elon MuskTesla, SpaceX
3Jeff BezosAmazon
4Larry EllisonOracle
6 more rows
Mar 16, 2023

Who is the 92 year old billionaire? ›

The 92-year-old billionaire media mogul Rupert Murdoch is preparing to walk down the aisle for the fifth time. Billionaire media mogul Rupert Murdoch is preparing to walk down the aisle for the fifth time.

Who is the closest person in the world to being a trillionaire? ›

Bernard Arnault will reach trillionaire status at age 72 in 2029, 5 years after Elon Musk. Arnault is the chairman and chief executive of the world's largest luxury goods company, Moët Hennessy Louis Vuitton (LVMH).

How many unknown billionaires are there? ›

And in fact, there exists yet another billionaire census, done by a research company called Wealth-X, that is considerably less so. In 2021, it counted 927 billionaires in the United States — some 203 more than Forbes did. It doesn't name any of them. Perhaps they're right about these 203 unnamed billionaires.

Who was the first billionaire? ›

The American business magazine Forbes produces a global list of known U.S. dollar billionaires every year and updates an Internet version of this list in real-time. The American oil magnate John D. Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916.

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