Many of these real estate billionaires and moguls are self made and have started with nothing. Of course, some have everything handed to them on a silver platter, either in a form of a “small loan of one million dollars” or through inheritance, which some of them managed to diminish considerably through their sheer incompetence. Some of their stories are classic American Dream come true, with the children of poor immigrants reaching for the stars and succeeding. Unlike the private equity firms in the world, where usually partners shared the burden, these men have accomplished their success on the own. Insidermonkey experts made a list of 10 most successful real estate billionaires in America.
We have picked one billionaire from their list. The first tycoon is Sheldon Solow. His net worth is $4.4 billion, and his Forbes 400 position is 128. Sheldon Solow is a son of a bricklayer from Brooklyn. A New York University dropout, Solow’s biggest success was the construction of the Solow Building on Fifth Avenue in the 1970s, still regarded as one of the most desirable office spaces in the city. Among the tenants are KKR, Apollo Global Management, and Chanel. Sheldon Solow is renowned for his love of art and his collection of modern and Renaissance paintings and sculptures. You can also check our list of Most Successful Private Equity Firms in The World.
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