In spite of the Covid-19 crisis in 2020, the top 3 richest Real Estate Investors remain successful billionaires. Duh, you’d say, when it rains it pours.
But the point we want to underline is that the Real Estate market didn’t suffer as much as someone would expect.
Actually, it’s quite the opposite.
According to the CNN reports in December 2021, the home sales rate is about to reach the highest level in 15 years. This given, a Real Estate investment could really be the wisest move you can do in 2022.
[If you want to begin the climb to become one of the top 3 richest Real Estate Investors, you can start from here]
Here is the list of the richest billionaires with business in Real Estate according to Forbes. Spoiler alert: one of them loves Formula 1 and another one is not American.
Net Worth: $16.2 billion
Residence: Newport Beach, California
Chairman and owner of the colossus Irvine Company, Donald Bren is the richest Real Estate billionaire of the world.
Bren commands an empire with more than 126 million square feet of properties across southern California. Much of it is in Orange County, while more than 560 office buildings and 125 apartment complexes are spread across the U.S.
He’s been married three times and awarded with the Marine Corps University Foundation’s most prestigious medallion.
Net Worth: $8.3 billion
Residence: New York, NY
Ross founded Related Companies in 1972 to grant affordable housing in the U.S., and brought it to an immense level.
Outside of Related, Ross was a former tax attorney and stipulated a deal to hold a Formula 1 grand prix race in Miami (which will start in 2022). He will build the circuit beside the Hard Rock Stadium, home to the NFL’s Miami Dolphins (Ross owns the major part of the team too).
Father of two children, he holds of numerous honors for his business, civic, and philanthropic activities.
Net Worth: $6.9 billion
Residence: Tianjin, China
The Tianjin-based Real Estate investor is the only tycoon who doesn’t live in the U.S. (although he has the U.S. citizenship).
With his newly founded Sunac China Holdings, listed in Hong Kong, he holds and manages nearly 150,000 acres of Real Estate properties and land across China.
He is married, has two children, and was jailed in 1992, in China following an embezzlement conviction.
Although reaching top notch levels like these ones requires big sums and true dedication, it doesn’t mean it’s impossible.
If you want to emulate the top 3 richest Real Estate Investors and become a property owner yourself, a good idea is to start checking the market on a specific geographical area, and set up the budget for your first investment.
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