David Walentas Net Worth

$2 Billion         |         Rank #1341

Who is David Walentas

Walentas owns over two dozen residential and commercial properties across Dumbo, Brooklyn Heights, Williamsburg and Manhattan.
In the 1970s he borrowed $12 million to buy 2 million square feet of industrial buildings in an unpopular part of Brooklyn that later became Dumbo.
He acquired the Domino Sugar refinery’s 11 acres in Brooklyn for $185.5 million in 2012 and is remaking it; the first tower opened in 2017.
Walentas works closely with his son Jed, who became CEO of Two Trees in 2011. Coming from an average or middle class family, David Walentas is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 1341 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 83.0 years old. As of today, David Walentas’s net worth is approximately 2 Billion.

Facts about David Walentas

Net Worth: 2 Billion
Billionaire Rank: 1341
Age: 83.0
Date of Birth: 07-08-38
Gender: Male
Currently Living in: New York, New York, United States
Birth Place: United States
Source of Wealth: real estate

To find out what is David Walentas Net Worth, how he got there and what is David Walentas Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of David Walentas

David Walentas was born on 07-08-38 in United States. He was kicked out of Navy ROTC at the University of Virginia for “raising some hell” with a lady. He eventually became the first college graduate in his family.
Walentas has pledged $100 million to the University of Virginia, his alma mater, mostly to fund opportunities for first-generation students. Walentas grew up poor in Rochester, New York, milking cows and shoveling manure on a farm. Being raised in the same country, David Walentas spent most of his time in New York in the city of New York.

David Walentas net worth is estimated at 2 Billion Billion to date.

 

David Walentas real estate
David Walentas Net Worth

Professional Journey

You will see him often in social media.  David Walentas founded Two Trees Management, which is best known for transforming two Brooklyn neighborhoods, Dumbo and Williamsburg. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. He was kicked out of Navy ROTC at the University of Virginia for “raising some hell” with a lady. He eventually became the first college graduate in his family.
Walentas has pledged $100 million to the University of Virginia, his alma mater, mostly to fund opportunities for first-generation students. In his youth, he was adventurous but unknown, but that was years ago. Walentas owns over two dozen residential and commercial properties across Dumbo, Brooklyn Heights, Williamsburg and Manhattan.
In the 1970s he borrowed $12 million to buy 2 million square feet of industrial buildings in an unpopular part of Brooklyn that later became Dumbo.
He acquired the Domino Sugar refinery’s 11 acres in Brooklyn for $185.5 million in 2012 and is remaking it; the first tower opened in 2017.
Walentas works closely with his son Jed, who became CEO of Two Trees in 2011. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. David Walentas founded Two Trees Management, which is best known for transforming two Brooklyn neighborhoods, Dumbo and Williamsburg.
It is to be noted that David Walentas is one of the selfmade billionaires in the world and stands at 1341 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about David Walentas:

How much is David Walentas worth?

David Walentas’s net worth is estimated to be 2 Billion.

How old is David Walentas?

David Walentas was born on 07-08-38, and is currently 83.0 years old.

What is David Walentas source of income?

David Walentas acquires most part of his wealth from real estate.
 

Concluding David Walentas Net Worth

Currently with a net worth of 2 Billion, David Walentas stands at 1341 in the world billionaires list. And draws most of his wealth from real estate. Hope you like this information about David Walentas. If you like this, then please share it with your friends. This above post is all about the estimated worth of David Walentas. Do you have any queries? Feel free to ask via comment section.

 

Disclaimer: Please keep in mind that this is an estimated net worth of David Walentas. Actual worth may vary a little. You can always get information by checking out Leaktown.com.