Sam Zell Net Worth

Net Worth: $5.5 Billion
Statistics
  • Source of Wealth:

    Real Estate, Private Equity
  • Age:

    78
  • Birth Place:

    Chicago, Illinois, USA
  • Marital Status:

    Married (Helen Herzog Fadim Zell)
  • Full Name:

    Samuel Zell
  • Nationality:

    American
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About Samuel Zell

Sam Zell is an American businessman and he has an estimated net worth of $5.5 billion. He founded Equity Group Investments in 1969, which started three of the largest real estate companies in history. These include  Equity Residential, the largest apartment owner in the United States; EQ Office, the largest office owner in the country; and Equity Lifestyle, an owner/operator of manufactured home and resort communities. Today, the group invests in energy, logistics, transportation, manufacturing, communications and healthcare.

Mr. Zell also serves as the Chairman and co-founder of Equity International, a privately held investment firm founded in 1969 that focuses on real estate companies outside the United States. The firm has invested in 15 emerging markets including Argentina, where it's co-investing $300 million with Goldman Sachs.

Considered as the forefather of modern real estate investment trusts, he also serves as the Chairman of several companies which are listed in the New York Stock Exchange which includes the Equity Lifestyle Properties, REIT, Equity Residential, Covanta Holding Corp., Anixter and Tribune Company.

Before the market crashed in 2007, Sam Zell initiated the $39 billion sale of office REIT Equity Office to Blackstone. This was considered as among the largest real estate deals ever. At around the same time, he also led an $8.2 billion buyout of newspaper owner Tribune Company, but it went bankrupt quickly.

Earnings & Financial Data ?
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Earnings 2019

Asset Feb. 2019
Series A funding for Covera Health with Equity Group Investments, Inc.
$8,500,000

Earnings 2014

Asset Jun. 2014
Series C funding for UrgentRx with 3 investors
$17,500,000
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