9 Richest Real Estate Developers In The World in 2023
The Real Estate sector is growing day by day. You are here means you are curious about the Richest Real Estate Developers In The World. I have listed the 9 Richest Real Estate Developers, their net worth, and proper details about them.
Every single person who has a dream to become a billionaire in the Real Estate Industry must need to know about those who have already been successful in this industry.
The idea of writing about the Richest Real Estate Developers comes to my mind, from one of my friends. He has a dream to be a successful man in the Real Estate industry. He told me that he need to know about the richest people in the industry. So I have gathered all the information about those successful people and providing you so you can also get some idea about them.
It is a hard task to be successful in the Real Estate Industry. But people had made it possible, with their hard work, business mind, and strategies. I have listed some of the richest and most successful businessmen in the Real Estate Industry.
Now without talking more, let’s dive into the article..!
What Is Real Estate
The real estate industry is one of the oldest and most profitable industries in the world. People need land owned by them to build houses for themselves. Many people have made their careers by investing in land and then building houses on them.
The Real Estate Industry is a profitable industry, this industry has made many job opportunities. Many people have made themselves millionaires and billionaires by being successful in this industry. But being successful in this industry is not easy. But there are some people who have gotten huge success in the real estate industry.
There are many types of Real Estate. Here are 4 Types of Real Estate:
- Raw land
Now without taking any of your important time, let’s directly dive into the Rich Real Estate Businessman.
List of Richest Real Estate Developers
There is so many Real Estate Businessman who has made a good amount of money with their hard work and strategies. Some of them have made Zero to Millions/Billions of dollars.
The Net Worth of these businessmen is taken from one of the most famous American Business Magazines named Forbes.
Now let’s look at some of the Richest Real Estate Developers In 2023:
- Donald Bren – 17.4 Billion US Dollars
- Peter Woo – 15.9 Billion US Dollars
- Joseph Lau – 13.6 Billion US Dollars
- Stan Kroenke – 12.9 Million US Dollars
- Stephen Ross – 11.6 Billion US Dollars
- Wang Jianlin – 8.3 Billion US Dollars
- Pan Sutong – 6 Billion US Dollars
- Majid Al Futtaim – 4 Billion US Dollars
- Manny Khoshbin – $80 – $100 Million US Dollars
There are many famous Real Estate businessmen there in the world, but I have listed nine (9) of them. Now I will discuss in detail these 9 businessmen.
9. Manny Khoshbin
Net Worth (As of 2023): $80 – $100 Million US Dollars
Real Estate Company: The Khoshbin Company
Academy: Contrarian Academy
Age (As of 2023): 51 Years Old
Starting from the last listed member of my list. Manny Khoshbin is a well-known businessman born in Iran, in 1971. He is the owner of a Real Estate Company named The Khoshbin Company situated in California. He also has a Real Estate Academy named Contrarian Academy.
He was born in Iran but he and his family shifted to the United States in 1985. When they shifted to the US he was 14 years old. When he was new to the US he didn’t have friends or any knowing people. He has done many works at that time. He was an employee of an American Retail Company named Kmart. You will be surprised to know that he was also a mechanic at a tire shop and he also sold nuts to people’s doors.
After 7 years, at the age of 21, Manny has gotten his Real Estate License in 1992. And from there he made his career successful with his business mind and hard work. Now his name always came on the list when it comes to the Real Estate Industry.
He is one of the most famous Real Estate Tycoons in the world. Now he has a good amount of supercars and he shows his rich lifestyle and luxurious cars on his YouTube Channel and Instagram Profile. He called himself a Car Influencer on his Official Instagram Profile. Manny Khoshbin has more than 2.8M Followers on his Instagram Account.
- You Can Read A Full Article About: Manny Khoshbin
8. Majid Al Futtaim
Net Worth (At the time of his Death): 4 Billion US Dollars
Real Estate Company: Majid Al Futtaim Group
Died: 17th December 2021
Majid Al Futtaim was a well-known businessman born in 1934. He was an Emirati Businessman but sadly he is not in this world now. He died in 2021. But he made a successful career when he was alive.
Majid Al Futtaim Net Worth was 4 Billion US Dollars. He is the owner and founder of a Holding company named Majid Al Futtaim Group. This company is situated in Dubai and was founded in 1992.
You will be surprised to know that Abdulla Al Futtaim a Billionaire Businessman was his cousin. From the year 1992, when he founded Majid Al Futtaim Group, he made his name in the Real Estate Industry. He lived 86 or 87 years in this world, and in that time he was a successful Businessman because of his hard work, and business strategies.
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7. Pan Sutong
Net Worth (As of 2023): 6 Billion US Dollars
Nationality: Hong Kong
Age (As of 2023): 59 Years Old
Pan Sutong is a 59 years old Billionaire Businessman in Hong Kong. He was born in 1963 in Shaoguan, Guangdong, China. Pan Sutong Net Worth is $6 Billion US Dollars as of 2023. He has many Real Estate companies which made him this successful.
You will be surprised to know that he owned a Football team named Guangzhou Matsunichi F.C. from 1995 to 2000. He was also chosen for the “13th National Committee of the Chinese People’s Political Consultative Conference” as a member.
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6. Wang Jianlin
Net Worth (As of 2023): 8.5 Billion US Dollars
Age (As of 2023): 68 Years Old
Wang Jianlin is 68 years old well-known Chinese Businessman born in Guangyuan, Sichuan, China. Wang Jianlin Net Worth is 8.5 Billion US Dollars. He is a successful businessman in China.
You will be surprised to know that he has also owned 17% of the Spanish football club named Atlético Madrid. Wang made a deal with FIFA and make it possible to start The China Cup. In the China Cup, all the national teams play and compete with each other.
His childhood story is really inspiring, at the age of 15 he joined Army and became a soldier. And at the age of 21, he became a Commander. In 2020, he was one of the richest men in China with a net worth of 14.4 Billion US Dollars according to Forbes.
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5. Stephen Ross
Net Worth (As of 2023): 11.6 Billion US Dollars
Real Estate Firm: The Related Companies, L.P.
Age (As of 2023): 82 Years Old
Stephen Michael Ross known as Stephen M. Ross is a well-known American Real Estate Developer born on 10th May 1940 in Detroit, Michigan, in the United States. Stephen Ross’s Net Worth is 11.6 Billion US Dollars as of 2023. He has earned this much money in his career with his Business strategies and Hard Work.
Stephen is 82 years old and he is the founder and majority owner of an American Real Estate Firm named The Related Companies. This firm was founded in 1972. He has developed a building named Deutsche Bank Center, which is situated in New York City.
He is now separated from his wife Kara Ross, who is an American Precious Stone Designer and he has two children. He has owned an 11,000 sq. ft. mansion named The Reef. His mansion is situated in Palm Beach in Florida.
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4. Stan Kroenke
Net Worth (As of 2023): 12.9 Billion US Dollars
Real Estate Company: Kroenke Group
Age (As of 2023): 75 Years Old
Stan Kroenke is the 4th person on my Richest Real Estate Developers list. Enos Stanley Kroenke known as Stan Kroenke is a 75 years old American well-known Billionaire Businessman. He is the owner of a Holding company in Colorado named Kroenke Sports & Entertainment.
Stan Kroenke’s net worth is 12.9 Billion US Dollars as of 2023. And he has made this much money in his career with his hard work and business mind. He was the champion of the National Lacrosse League two times and he also won the Stanley Cup Champion title two times.
In 1983, he started his own Real Estate Company named Kroenke Group. You will be surprised to know that Stan is also the owner of the Arsenal Football Club and the Arsenal Women’s Football Club.
3. Joseph Lau
Net Worth (As of 2023): 13.6 Billion US Dollars
Real Estate Group: Chinese Estates
Nationality: Hong Kong
Age (As of 2023): 71 Years Old
Joseph Lau Luen-hung popularly known as Joseph Lau is 71 years old well-known Hong Kong Billionaire businessman. He was born in Hong Kong on 19th July 1951. He is also a citizen of the United Kingdom.
Joseph Lau’s net worth is 13.6 Billion US Dollars as of 2023. He is the owner of a Real Estate Group situated in Hong Kong named Chinese Estates. The Chinese Estates Group was founded in 1986.
Joseph’s current wife is Kimbee Chan, they got married in 2016. Previously he was married to Theresa Po Wing-Kam in 1977 and ended their married life in 1992. Joseph is the father of 4 children named Jade Lau Sau-yung, Lau Ming-wai, Josephine Lau Sau-wah and Lau Sau-ying.
2. Peter Woo
Net Worth (As of 2023): 15.9 Billion US Dollars
Nationality: Hong Kong
Age (As of 2023): 76 Years Old
Peter Woo Kwong-ching popularly known as Peter Woo is a well-known Hong Kong Billionaire born on 5th September 1946. He is 76 years old billionaire born in Shanghai, China.
Peter Woo’s net worth is 15.9 Billion US Dollars as of 2023. He has earned this much money and has been listed as number 2 on my Richest Real Estate Developers list. He was the Former Chairman of two Real Estate Companies based in Hong Kong. The name of those two Real Estate Companies in Hong Kong is Wheelock and Company and The Wharf (Holdings) Limited.
Peter married Bessie Pao Pui-yung and they are still with each other. Peter has three children named Jennifer Woo, Jacqueline Woo, and Douglas Woo.
1. Donald Bren
Net Worth (As of 2023): 17.4 Billion US Dollars
Real Estate Company: Irvine Company
Age (As of 2023): 90 Years Old
Now coming up to the first number on my list of Richest Real Estate Developers, Donald Bren is the Richest Real Estate Developer. Donald Leroy Bren popularly identified as Donald Bren is one of the wealthiest Real Estate Businessmen in the world.
Donald Bren’s net worth is 17.4 Billion US Dollars as of 2023. His name always came to the top when anyone is talking about the real estate industry.
Donald Bren was born in Los Angeles, California, the United States on 11th May 1932. He is 90 years old now in 2023 and he owned a real estate company in the United States named Irvine Company. He has earned this much money with his Business strategies and Hard Work. He has taken on many risky tasks but in the end, he has been successful.
Do you know an interesting thing about Bren’s early life? He was an Officer in the United States Marine Corps. He started his career in 1958 and from there he started making his empire in the Real Estate Industry.
Coming to the conclusion, Real Estate Industry is growing day by day, and some people have made their own empires in the Real Estate Industry. I have listed some of the rich real estate developers in this blog.
But getting rich is not easy, people have done a lot of hard work and made zero to this much. These real estate people have made this much money with their hard work and business mind. Being successful in this industry is not easy, but these people have made it possible and made their life.
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