Sam Zell Net Worth

$6 Billion         |         Rank #438

Who is Sam Zell

The forefather of modern real estate investment trusts, Zell chairs five public companies, including one of the nation’s largest residential REITs.
His $39 billion sale of office REIT Equity Office to Blackstone just before the market crashed in 2007 was among the largest real estate deals ever.
Around the same time, he led an $8.2 billion buyout of newspaper owner Tribune Company, which quickly went bankrupt.
As a college student Zell managed a 15-unit student apartment building in exchange for a free room. His enterprise was netting $150,000 by graduation. Coming from an average or middle class family, Sam Zell is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 438 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 80.0 years old. As of today, Sam Zell’s net worth is approximately 6 Billion.

Facts about Sam Zell

Net Worth: 6 Billion
Billionaire Rank: 438
Age: 80.0
Date of Birth: 28-09-41
Gender: Male
Currently Living in: Chicago, Illinois, United States
Birth Place: United States
Source of Wealth: real estate, private equity

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

Background of Sam Zell

Sam Zell was born on 28-09-41 in United States. His nickname, The Grave Dancer, dates to 1975 when Zell wrote that his success came from reviving ‘corpses’ left behind by the last real estate crash. Zell’s family escaped Poland by train hours before Hitler’s army bombed the tracks that ran through their town. They reached the U.S. by way of Japan in 1941. Being raised in the same country, Sam Zell spent most of his time in Illinois in the city of Chicago.

Sam Zell net worth is estimated at 6 Billion Billion to date.

 

Sam Zell real estate, private equity
Sam Zell Net Worth

Professional Journey

You will see him often in social media.  In 1968, Sam Zell started Equity Group Investments, which today invests in industries like energy, logistics and healthcare. 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. His nickname, The Grave Dancer, dates to 1975 when Zell wrote that his success came from reviving ‘corpses’ left behind by the last real estate crash. In his youth, he was adventurous but unknown, but that was years ago. The forefather of modern real estate investment trusts, Zell chairs five public companies, including one of the nation’s largest residential REITs.
His $39 billion sale of office REIT Equity Office to Blackstone just before the market crashed in 2007 was among the largest real estate deals ever.
Around the same time, he led an $8.2 billion buyout of newspaper owner Tribune Company, which quickly went bankrupt.
As a college student Zell managed a 15-unit student apartment building in exchange for a free room. His enterprise was netting $150,000 by graduation. 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. In 1968, Sam Zell started Equity Group Investments, which today invests in industries like energy, logistics and healthcare.
It is to be noted that Sam Zell is one of the selfmade billionaires in the world and stands at 438 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Sam Zell:

How much is Sam Zell worth?

Sam Zell’s net worth is estimated to be 6 Billion.

How old is Sam Zell?

Sam Zell was born on 28-09-41, and is currently 80.0 years old.

What is Sam Zell source of income?

Sam Zell acquires most part of his wealth from real estate, private equity.
 

Concluding Sam Zell Net Worth

Currently with a net worth of 6 Billion, Sam Zell stands at 438 in the world billionaires list. And draws most of his wealth from real estate, private equity. Hope you like this information about Sam Zell. If you like this, then please share it with your friends. This above post is all about the estimated worth of Sam Zell. 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 Sam Zell. Actual worth may vary a little. You can always get information by checking out Leaktown.com.