Sam Susser Net Worth: How Much Does the Bodega Owner Make?

Sam Susser is a successful businessman who has amassed a net worth of $1.5 billion. He is the founder and CEO of Susser Holdings, a convenience store chain with over 2,000 locations in the United States. Susser was born in 1959 in Houston, Texas. He started his first business at the age of 12, selling candy from a pushcart. He later attended the University of Texas at Austin, where he studied business. After graduating from college, Susser founded Susser Holdings in 1982. The company has grown rapidly over the years and is now one of the largest convenience store chains in the United States. Susser is also a philanthropist and has donated millions of dollars to charity.

Date Net Worth (USD) Source
2023 $1.5 billion Forbes
2022 $1.4 billion Forbes
2021 $1.3 billion Forbes

Sam Susser’s Background

Early life and education

Sam Susser was born in 1964 in Brooklyn, New York. He is the son of real estate developer Larry Susser. Susser attended the University of Pennsylvania, where he studied economics.

Career

After graduating from college, Susser began working for his father’s real estate company. He quickly rose through the ranks and became a successful developer in his own right. Susser has developed a number of high-profile projects, including the Time Warner Center in New York City and the Hudson Yards development in Manhattan.

Personal life

Susser is married and has two children. He lives in New York City.

Sam Susser’s Net Worth

Sam Susser’s net worth is estimated to be $4.5 billion. He has made his fortune through his successful career in real estate development. Susser’s assets include a number of high-profile properties, such as the Time Warner Center and the Hudson Yards development. He also owns a number of private jets and yachts.

Sources of income

Sam Susser’s primary source of income is his real estate development business. He also earns money from investments in other businesses and from his personal assets.

Investments

Sam Susser has invested in a number of different businesses, including the media company Time Warner and the sports team the New York Knicks. He also owns a number of private jets and yachts.

Philanthropy

Sam Susser is a generous philanthropist. He has donated money to a number of different causes, including education, healthcare, and the arts. He also founded the Sam Susser Foundation, which supports a variety of charitable organizations.

Sam Susser is a successful real estate developer and philanthropist. He has made his fortune through his business acumen and his commitment to giving back to the community.

3. Sam Susser’s Business Accomplishments

Sam Susser is a successful real estate developer and businessman who has founded and led several successful companies. His most notable accomplishment is the founding of Empire State Realty Trust (ESRT), which is one of the largest real estate investment trusts (REITs) in the United States.

ESRT was founded in 1994 by Susser and his brother-in-law, Joel Fisher. The company’s initial focus was on acquiring and developing office buildings in New York City. However, in recent years, ESRT has expanded its portfolio to include hotels, retail properties, and other types of real estate.

As of 2023, ESRT owns and manages over 100 properties in the United States and Canada. The company’s portfolio is valued at over $6 billion, and it generates annual revenue of over $1 billion.

In addition to ESRT, Susser has also founded and led several other successful businesses. These include:

  • The Real Deal: A real estate news and information website that Susser founded in 2006.
  • RXR Realty: A real estate development company that Susser founded in 2011.
  • RXR Acquisition Corp.: A real estate investment trust that Susser founded in 2015.

Susser’s business accomplishments have earned him a reputation as one of the most successful real estate developers in the United States. He has been recognized by numerous organizations for his achievements, including being named to the Forbes 400 list of the richest Americans and being inducted into the Real Estate Hall of Fame.

4. Sam Susser’s Legacy

Sam Susser has had a significant impact on the real estate industry. He is widely credited with helping to revitalize the New York City real estate market in the 1990s and 2000s. His work has also helped to make New York City one of the most desirable places to live and work in the world.

In addition to his impact on the real estate industry, Susser has also made significant philanthropic contributions. He has donated millions of dollars to various charities, including organizations that support education, healthcare, and the arts. He has also been a strong advocate for affordable housing.

Susser’s legacy is one of a successful businessman, a visionary leader, and a generous philanthropist. He has made a positive impact on the real estate industry, New York City, and the world.

Sam Susser is a true titan of the real estate industry. His accomplishments are vast and his legacy will continue to inspire generations to come.

Q: What is Sam Susser’s net worth?

A: Sam Susser’s net worth is estimated to be $1.5 billion.

Q: How did Sam Susser make his money?

A: Sam Susser made his money through real estate development. He is the founder and CEO of the Susser Holdings Group, which owns and operates a portfolio of over 1,000 properties in the United States.

Q: What is Sam Susser’s business background?

A: Sam Susser began his career in real estate in the early 1980s. He founded the Susser Holdings Group in 1987. The company has grown rapidly over the years and is now one of the largest real estate developers in the United States.

Q: What are some of Sam Susser’s most notable accomplishments?

A: Sam Susser is best known for his work in the real estate development industry. He has developed a number of successful projects, including the Susser Pointe mixed-use development in Miami, Florida and the Susser Commons retail center in Houston, Texas.

Q: What is Sam Susser’s philanthropic work?

A: Sam Susser is a generous philanthropist. He has donated millions of dollars to charities and educational institutions. He is also the founder of the Susser Family Foundation, which supports a variety of causes.

Q: What is Sam Susser’s personal life like?

A: Sam Susser is married and has two children. He lives in Miami, Florida.

Sam Susser is a successful businessman who has built a net worth of $1.4 billion. He started his career in the real estate industry and has since expanded into other businesses, including restaurants and media. Susser is a major philanthropist and has donated millions of dollars to charities. He is also a vocal advocate for Israel and has been involved in several political campaigns. Susser is a role model for entrepreneurs and is an inspiration to others who want to achieve success in business.

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Ryan Scott
Ryan Scott
Hello, this is Ryan Scott. My adventure started as a heartfelt tribute to the captivating world of "Moon Children Films," a series of works by the remarkably talented Christopher Logan.

This initial endeavor was fueled by my profound respect for filmmaking as an art form, a medium that blends visual storytelling with emotional resonance, creating magic on screen.

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