Get ready to take off . This massive real estate investment by Salman Iqbal makes him one of the biggest investors in the country. Through NAWRB, she advocates for women-owned businesses and helps female entrepreneurs start successful business ventures. Owners could also find themselves without A/C if they fall behind on payments. The Firm provides architecture and design services to the properties they manage. These projects total over 167 million square feet and form the backbone of our global real estate portfolio of US $88 billion in total value across the United States, Europe, Latin America and Asia. After a decade of planning and construction, a portion of Related Co.s Hudson Yards on Manhattans west side opened to the public in March 2019. John A. Sobrato & family, 80, California, #85 on Forbes 400 list with $6.7 billion; As founder and principal of The Sobrato Organization, Mr. Sobrato heads one of the most successful real estate development organizations in California. Also an art collector, Arnault played a key role in establishing LVMH as a patron of art. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Quite a few celebrities with money to burn have wisely invested in commercial real estate as a means to build upon their . As one of the founders of Keller Williams Realty in Austin he grew the company to the largest Agency in America. These days, some first-time investors may be approaching the real estate market with a little trepidation. The latest version of Knight Frank's Global House Price Index, which tracks prices in 53 countries, shows that as of Q3 2013, residential property was up 4% from its 2008 peak. Igor Olenicoff, 77, Florida, #159 on Forbes 400 list with $4.3 billion; Founder of Olen Properties. When you hear the names of these celebrity real estate investors it might surprise you, because it is not what they are known for, but it was real estate that provided the financial foundation for these celebrities to accomplish what they did, or what they're still accomplishing. 13. Coming in asthe wealthiest of the real estate tycoons on the FORBES Billionaires list isHong Kong's Lee Shau Kee,ranking No. He's also someone who has made his money in real estate after starting out with nothing and working his way to the top. Related is one of the largest owners of affordable housing, and has over $60 billion in real estate assets owned or under development, including mixed-use, residential, retail and office properties in premier high-barrier-to-entry markets. Seven are from Hong Kong, four from China, two from Singapore, and one from Australia. Also known for his philanthropic efforts, Deripaska is credited with establishing Russia's largest charitable foundation, Volnoe Delo Foundation. Graham wrote two of the most famous books on investing, Securities Analysis with David Dodd and The Intelligent Investor. The greatest investors have long track records of generating market-crushing returns over their investing careers. A typical real estate agent is self-employed and works irregular hours. He shows readers how to finance a flip, evaluate its profitability, determine what type of property to invest in, as well as the best location to start your flipping career, plus how to create a scope of work, budget, and schedule to ensure your flip is profitable. In addition, property investment in Dubai will also serve as a good hedge against inflation. Although Palihapitiyas notable investments have underperformed, hes earned the reputation of a SPAC King'' for his ability to bring innovative companies to the public market. Rafiq M. Habib The former head of the House of Habib, Rafiq M. Habib is a famous businessman known for his trading enterprise. Realeflow automatically searches your lists and contacts on the platform, plus every other Realeflow user's (2,000,000+) lists, to find a group of potential buyers (or sellers) Toggle the matches by price, property type, bedrooms, bathrooms, etc. Whether you plan to invest in the short or long-term rental industries or even commercial real estate, weve got you covered with our picks for the best real estate investing books. You may opt-out by. Diane Kemper, 74, New York, #250 on Forbes 400 list with $3,4 billion; 24. Menu. Still, more than two-thirds of countries tracked were seeing positive growth. 2. Christina Anstead is a real estate investor and TV personality, who is best known for starring in HGTV's show Flip or Flop. Leonardo DiCaprio Actor and film producer Leonardo DiCaprio is just one top celebrity that has invested into real estate throughout his acting career. He also chairs five companies listed on the New York Stock Exchange: Equity Residential, the largest apartment REIT in the country; Equity LifeStyle Properties, a manufactured home community and resort REIT; Equity Commonwealth, an office REIT; Covanta Holding Corporation, an international owner/operator of energy-from-waste and power generation facilities; and Anixter International Inc., a leading global provider of communications, security, and wire and cable products. In many ways, he was the first modern real estate coach who took on the task of educating not just his colleagues but the entire industry. If you're interested in adding REITs to your portfolio but you have no clue where to start, this book can help you get your feet wet without getting in over your head. As little as 1% of its business comes from abroad, since it's mainly focused on . Opinions expressed by Entrepreneur contributors are their own. Whether it's identifying value stocks, growth stocks, or pushing for change as an influential activist, these famous investors earn outsized returns by leveraging their deep investment knowledge and staying focused on the strategies that delivered consistent profitability. He co-founded JMB Realty and is a managing director for Walton Street Capital. Ackman purchases large stakes in public companies that he believes would be more valuable by making certain operational or structural changes. Donald Bren, 82, California, #32 on Forbes 400 list with $17 billion; Donald Bren is the United States' richest real estate baron. Real estate improvement is a speciality of real estate business which involves renovation and re-lease of existing buildings and land. Real estate in Dubai has a residual value, which will never fall to zero, unlike stock market assets. His home is located in Palo Alto, and he has four kids and a wife. Right IconThis ranking is based on an algorithm that combines various factors, including the votes of our users and search trends on the internet. Looking to diversify your investment portfolio? That simple, bold wager made him a very wealthy man. Cumulative Growth of a $10,000 Investment in Stock Advisor, Copyright, Trademark and Patent Information, Return excluding the 10 best days per decade. The investor was also important in funding Airbnb (NASDAQ:ABNB), SpaceX and many more daring young companies turned technology giants. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. In his 30 years of business, Ferry has influenced thousands ofreal estate professionals and helpedincrease their wealth. Donald Bren's Irvine Company owns over 115 million square feet of real estate, mostly in Southern California. Florida Sunshine Investments was founded in 2010. If youve ever watched HGTV, then youre probably familiar with the practice of flipping houses for a profit. This website uses cookies so that we can provide you with the best user experience possible. Not all famous investors earned their public image by creating wealth via the stock market. Nine Must Reads for CRE Investors Today (March 2, 2023) Mar 02, 2023 . Sam Zell also founded and chaired Equity Office Properties Trust, the largest office REIT until its 2007 sale for $39 billion in the largest leveraged buyout at the time. And knows the difference between the two. Brandon Turners The Book on Rental Property Investing is a solid starting point for anyone looking to dip their toes into the world of real estate investingmore specifically, rental property investing. Development has a stake in Hong Kong's International Financial Center, and numerous project on the mainland, including the Henderson Metropolitan along Nanjing West Road near the Bund, a waterfront area in Shanghai. One of the sharks on ABCs hit TV show,Shark Tank,Barbara Corcoranhas invested in 22 businesses. 6. Eklunds 2015 book, The Sell: The Secrets of Selling Anything to Anyone, was a New York Times Bestseller. Its current tenants include KKR, Apollo Global Management, Tiger Global Management and Chanel. Buffett's investing approach has produced awe-inspiring investment returns over many years. Symon Hes book takes a multi-faceted approach to real estate investingboth a book and 8 hours of online courses with the author. Jeff Greene, 64, Florida, #195 on Forbes 400 list with $3,9 billion; President,CEO and founder of Florida Sunshine Investments. Related: Most of his fortune is now held in equities and other investments plus real estate in Los Angeles and Palm Beach. Ted Lerner & family, 94, Maryland, #128 on Forbes 400 list with $5.1 billion; Founder of Lerner Enterprises. Pelosi owns and operates a venture capital investment and real estate firm called Financial Leasing Services, Inc., through which he has amassed a fortune of $114 million. Sasha Maslov for The New York Times By. Hold what you buy! He has been featured in GQ and on Fox's PageSix TV. Corcorans hard-working, blunt attitude has earned her the reputation as a top real estate influencer and investor. These Sisters Quit Their Jobs Mid-Pandemic to Risk It All for Their Brand. Real estate: markets, luxury homes, and cities. He is married to Nancy Pelosi, the current U.S. House speaker. Credited with co-creating the concept of boutique hotels, Ian Schrager began his career with law before partnering with Steve Rubell to run nightclubs, quickly opening Studio 54 and then turning to hotel business to open first boutique lifestyle hotel, Morgans. The Miami based company, which has offices in Las Vegas and Washington D.C., manages a $4 billion development portfolio with properties like: The Royal Palm Hotel on South Beach, Las Palmas Hotel. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Berkshire Hathaway's portfolio contains sizable stakes in many public companies across a wide range of industries. 4. (Real Estate Investor) 20 4 Birthdate: July 9, 1983 Sun Sign: Cancer Birthplace: Anaheim, California, United States Christina Anstead is a real estate investor and TV personality, who is best known for starring in HGTV's show Flip or Flop. The second-richest real estate billionaire, also from Hong Kong, is 88-year-old Cheng Yu-tung, who ranks No. Serhant writes a weekly real estate column titledAsk Ryan Serhant for Inman News and has a weekly real estate video blog for Streeteasy titled, Ryan's New York Minute., Amy Bohutinskyis the COO of Zillow, a Seattle-based real estate company that boasts a portfolio of the world's largest real estate and home-related brands, including consumer brands Trulia, HotPads, StreetEasy and Naked Apartments. Services. Notably, three of the 20 richest people in real estate are brothers: Thomas, Raymond, andWalter Kwok. Average Salary: $91,788. Apart from being a successful real-estate magnate, Alex Spanos also owned a majority stake in the NFL team San Diego Chargers, later Los Angeles Chargers. 69 on the FORBES Billionaires list, is the 4th-wealthiest property tycoon by our numbers. 7. The entire family is also well-known for their high-profile investments in real estate. This 20-year-old celebrity comes from the notorious Kardashian-Jenner clan, known for their reality TV show Keeping Up with the Kardashians. 12. 2. Top 20 Real Estate Influencers in the US - Groundbreaker Here we look at the top 20 real estate influencers in the US that have amassed millions of followers through several platforms. The annual Forbes list tracks the 400 richest people in the United States by net worth. Donald Trump, 73, District of Columbia, #275 on Forbes 400 list with $3,41 billion; 26. Irvine Company Chairman Donald Bren ranked first among the richest real estate billionaires in America with an estimated net worth of$17 billion,nearly six timesPresident Donald Trumps fortune, according to the Forbes 400 list, which ranks Americas wealthiest people. The United States also added two new billionaires to the FORBES list. With a portfolio containing more than 100 buildings valued at $12 billion, Ashkenazy Acquisition has a superior performance history in purchasing and managing premier assets. Charles Cohen, 67, New York, #239 on Forbes 400 list with $3,5 billion; Cohen Brothers Realty Corporation operates as a private real estate development and management firm. Fredrik Eklund is a Swedish real estate broker, TV personality, and former IT entrepreneur. Warren Buffett Loves These Stocks. Buy land near a growing city! Between 1977 and 1990, Lynch increased the fund's assets under management from $20 million to more than $14 billion. Majestic has a 83-million square-foot portfolio that includes industrial, office, and retail space, as well as sports, entertainment and hospitality projects. He's built multiple businesses from the ground up and is a big name within the real estate industry. This is a great read for investors who live in an area that's not particularly suited for investing or for those looking to widen their real estate investments nationwide. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. It's a well-known fact that has been tested by time and proven true. He founded his flagship mutual fund, the Templeton Growth Fund, in 1954 and produced annualized returns exceeding 15% over 38 years. One of the firm's top ETFs, the ARK Innovation ETF (NYSE:ARKK), has produced a 177% gain over the past five years as of early 2022. He pioneered the no-load mutual fund, which, by eliminating reliance on third-party brokerages, doesn't charge a sales commission. And as long as you're licensed you're good to go. In The Book on Flipping Houses, J. Scott lays out an easy-to-follow plan for doing just that. 10. His empire includes more than 550 office buildings, 125 apartment communities, 40 retail centers, one coastal resort, two hotels, three golf courses, and five marinas. However, one of the keys to success for the most famous investors is that they have a long-term mindset. Cathie Wood is the founder, CEO, and chief investment officer of ARK Invest, an investment management company that establishes and actively manages a portfolio of ETFs. A man from humble beginnings, Wang entered the military and became chairman of the then-government-run Wanda in 1989, when he was just 35. Best Overall: The Book on Rental Property Investing, Best on Commercial Real Estate: Mastering the Art of Commercial Real Estate Investing, Best for Flippers: The Book on Flipping Houses, Best on Real Estate Taxes: The Book on Tax Strategies, Best for Building Wealth: The Millionaire Real Estate Investor, Best for Beginners: The ABCs of Real Estate Investing, Best on Out-of-State Investing: Long-Distance Real Estate Investing, Best First-Person Account: One Rental At A Time: The Journey to Financial Independence through Real Estate, Best Comprehensive Approach: Real Estate Investing QuickStart Guide, Best for Investors on a Budget: The Frugal Real Estate Investor, The 13 Best Investing Books for Beginners in 2023, Your Guide to Passive Real Estate Investing, Different Types of Real Estate Investments. 259 in 2018 to 275 this year in the Forbes 400 list. Specifically, the authors dive into how to evaluate and choose which REITs to invest in, based on your overall goals, risk tolerance, and time horizon for investing. ), Saudi Arabian businessman and philanthropist Al Waleed bin Talal Al Saud is part of the Saudi royal family. 1 Warren Buffett (Chairman & CEO of Berkshire Hathaway) 44 10 Birthdate: August 30, 1930 Sun Sign: Virgo Birthplace: Omaha, Nebraska, United States American investor, business tycoon and philanthropist Warren Buffett is considered one of the most successful investors in the world by the media. During the Great Depression, he famously bought 100 shares of each company listed on the New York Stock Exchange that traded for less than $1. Carroll has closed nearly $1 billion in sales since 2011and was named the Douglas Elliman top broker in Florida each of the past five years. If you're not sure how depreciation works, for example, or how to use a self-directed IRA to buy real estate investments, you can get pointers on both here.