$4 Billion         |         Rank #801

Who is Richard LeFrak & family

The father-son team transformed the business, which started in France in 1883, into one of the largest real estate developers in the New York area.
Holdings include LeFrak City – a 20-building, 5,000-unit apartment complex in Queens – and hundreds of acres across from Manhattan to Newport, N.J.
Known for apartments for moderate-income tenants in the areas around New York City, LeFrak has recently been expanding into luxury and new markets.
LeFrak’s biggest bet right now is SoLe Mia, a 184-acre mixed used project he’s developing in North Miami.
An owner of rent-stabilized apartments in New York, LeFrak took a hit in June 2019 when state lawmakers made it harder for landlords to raise rents. Richard LeFrak & family is from those few lucky persons who were born rich. He has inherited most of the part of his Wealth. Which leads to the fact that it was comparatively easy for Richard LeFrak & family to make it into the worldwide list of billionaires and is among the wealthiest persons on earth. He is currently 76.0 years old. Richard LeFrak became CEO of the LeFrak Organization in 2003 when his father Sam died. As of today, Richard LeFrak & family’s net worth is roughly 4 Billion.

Facts about Richard LeFrak & family

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

Early Life of Richard LeFrak & family

Richard LeFrak & family was born on 29-08-45 in United States. A large investment portfolio includes stakes in customer relationship management startup Affinity, skincare brand Fig.1 and storage firm MakeSpace. Sons Jamie and Harrison are being groomed to be the next generation of LeFraks to run the business. Being raised in the same country, Richard LeFrak & family spent most of his time in New York in the city of New York.

Richard LeFrak & family net worth is estimated at 4 Billion Billion to date.

Professional Journey

You will see him often in social media.  Richard LeFrak became CEO of the LeFrak Organization in 2003 when his father Sam died. 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. A large investment portfolio includes stakes in customer relationship management startup Affinity, skincare brand Fig.1 and storage firm MakeSpace. In his youth, he was adventurous but unknown, but that was years ago. The father-son team transformed the business, which started in France in 1883, into one of the largest real estate developers in the New York area.
Holdings include LeFrak City – a 20-building, 5,000-unit apartment complex in Queens – and hundreds of acres across from Manhattan to Newport, N.J.
Known for apartments for moderate-income tenants in the areas around New York City, LeFrak has recently been expanding into luxury and new markets.
LeFrak’s biggest bet right now is SoLe Mia, a 184-acre mixed used project he’s developing in North Miami.
An owner of rent-stabilized apartments in New York, LeFrak took a hit in June 2019 when state lawmakers made it harder for landlords to raise rents. 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. Richard LeFrak became CEO of the LeFrak Organization in 2003 when his father Sam died.
It will not be wrong if we say that Richard LeFrak & family is one of the granted billionaires who inherited most part of the wealth and stands at 801 in most wealthiest persons in the world.

FAQs

Here are a few most frequently asked questions about Richard LeFrak & family:

How much is Richard LeFrak & family worth?

Richard LeFrak & family’s net worth is estimated to be 4 Billion.

How old is Richard LeFrak & family?

Richard LeFrak & family was born on 29-08-45, and is currently 76.0 years old.

What is Richard LeFrak & family source of income?

Richard LeFrak & family acquires most part of his wealth from real estate.
 

Concluding Richard LeFrak & family Net Worth

Currently with a net worth of 4 Billion, Richard LeFrak & family stands at 801 in the world billionaires list. And draws most of his wealth from real estate. Hope you like this information about Richard LeFrak & family. If you like this, then please share it with your friends. This above post is all about the estimated worth of Richard LeFrak & family. 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 Richard LeFrak & family. Actual worth may vary a little. You can always get information by checking out Leaktown.com.