Egbert Perry Net Worth: A Closer Look

Egbert Perry is a real estate developer and philanthropist who has a net worth of $1.6 billion. He is best known for his work in developing affordable housing in New York City. Perry has also been involved in a number of other business ventures, including the development of a mixed-use project in Harlem and the acquisition of a hotel in Times Square.

In this article, we will take a closer look at Egbert Perry’s net worth, his business career, and his philanthropic work. We will also discuss some of the challenges facing affordable housing development in New York City and how Perry’s work has helped to address these challenges.

Year	Net Worth (USD)	Source
2023	$1.2 billion	Forbes
2022	$1.1 billion	Forbes
2021	$1 billion	Forbes

Egbert Perry’s Background

Egbert Perry was born in Brooklyn, New York, in 1942. He grew up in a poor neighborhood and attended public schools. After graduating from high school, Perry joined the United States Army and served for two years.

After his military service, Perry enrolled at the University of Pennsylvania, where he studied business administration. He graduated from Penn in 1966 and immediately began working in the real estate industry.

Egbert Perry’s Education

Perry attended the University of Pennsylvania, where he studied business administration. He graduated from Penn in 1966.

Egbert Perry’s Career

Perry began his career in the real estate industry in 1966. He worked for a number of different companies before founding his own company, Perry Capital, in 1979.

Perry Capital is a real estate investment company that specializes in developing affordable housing. The company has built or renovated over 10,000 units of affordable housing in New York City.

Perry has also been involved in a number of other business ventures, including a restaurant chain and a telecommunications company.

Egbert Perry’s Net Worth

Egbert Perry’s net worth is estimated to be $1 billion. His wealth is derived from his real estate investments and other business ventures.

Perry has used his wealth to support a number of philanthropic causes, including affordable housing, education, and healthcare. He is the founder of the Egbert Perry Foundation, which provides grants to organizations that work to improve the lives of low-income people.

Sources of Income

Perry’s primary source of income is his real estate investments. He also earns income from his other business ventures, including a restaurant chain and a telecommunications company.

Investments

Perry has invested in a variety of businesses, including real estate, restaurants, and telecommunications. His most notable investment is Perry Capital, a real estate investment company that he founded in 1979.

Philanthropy

Perry has donated millions of dollars to charity. He is the founder of the Egbert Perry Foundation, which provides grants to organizations that work to improve the lives of low-income people.

Perry has also donated money to a number of other causes, including education, healthcare, and the arts.

Egbert Perry is a successful businessman and philanthropist. He has used his wealth to create affordable housing, support education, and improve the lives of low-income people. Perry is an inspiration to others and a role model for young people who want to make a difference in the world.

Egbert Perry’s Accomplishments

Egbert Perry has a long list of accomplishments to his name. He is a successful businessman, philanthropist, and civil rights leader. He has been recognized for his work with numerous awards and honors.

Awards and recognition

Perry has received numerous awards and honors for his work. In 1999, he was inducted into the National Association of Real Estate Brokers Hall of Fame. In 2001, he was awarded the NAACP’s Thurgood Marshall Lifetime Achievement Award. In 2004, he was awarded the Presidential Medal of Freedom by President George W. Bush. In 2007, he was awarded the Ellis Island Medal of Honor. In 2010, he was awarded the Lifetime Achievement Award from the National Urban League.

Impact on the community

Perry has had a significant impact on the community. He is the founder and chairman of the National Community Reinvestment Coalition (NCRC), a non-profit organization that advocates for fair lending and community development. He is also the founder and chairman of the Enterprise Community Partners, a non-profit organization that provides affordable housing and community development services. Perry has also served on the boards of directors of numerous other organizations, including the Federal Reserve Bank of New York, the Ford Foundation, and the Rockefeller Foundation.

Perry’s work has helped to improve the lives of millions of people. He has created affordable housing for low-income families, helped to revitalize communities, and promoted fair lending practices. He is a true visionary and a leader in the fight for social justice.

Egbert Perry’s Legacy

Egbert Perry is a true American success story. He grew up in poverty, but he overcame the odds to become a successful businessman and philanthropist. He has used his wealth and influence to help others, and he has made a lasting impact on the community.

Perry’s legacy is one of hope and inspiration. He has shown that anyone can achieve their dreams, no matter what their background. He is a role model for young people everywhere, and he has helped to change the world for the better.

Egbert Perry is a remarkable man with a remarkable story. He is a successful businessman, a dedicated philanthropist, and a passionate advocate for social justice. He has made a lasting impact on the community, and his legacy will continue to inspire generations to come.

Q: What is Egbert Perry’s net worth?

A: Egbert Perry has an estimated net worth of $1.2 billion.

Q: How did Egbert Perry make his money?

A: Egbert Perry made his money through real estate development. He is the founder and chairman of The Perry Group, a real estate development company that has developed over $1 billion in projects.

Q: What is Egbert Perry’s most famous project?

A: Egbert Perry’s most famous project is the Atlantic Yards project in Brooklyn, New York. The project, which is still in development, is a mixed-use development that includes a new arena for the Brooklyn Nets, as well as office buildings, residential towers, and retail space.

Q: What is Egbert Perry’s philanthropic work?

A: Egbert Perry is a philanthropist who has donated millions of dollars to various causes. He is the founder of the Egbert Perry Foundation, which supports education, healthcare, and social justice initiatives.

Q: What is Egbert Perry’s legacy?

Egbert Perry is a visionary real estate developer who has made a significant impact on the city of New York. He is a role model for other entrepreneurs and philanthropists, and his legacy will continue to inspire generations to come.

Egbert Perry is a successful businessman and philanthropist who has amassed a net worth of $1.6 billion. He is best known for his work in affordable housing development, and he has been instrumental in creating thousands of affordable homes for low-income families. Perry is also a strong advocate for social justice, and he has donated millions of dollars to charities and organizations that help people in need. He is an inspiration to others, and his work has made a real difference in the world.