William Macklowe Net Worth: A Closer Look
William Macklowe is a real estate developer who has amassed a fortune worth billions of dollars. He is the chairman and CEO of Macklowe Properties, a real estate investment and development company that he founded in 1972. Macklowe has been responsible for developing some of the most iconic buildings in New York City, including the Plaza Hotel and 432 Park Avenue. He is also a major art collector, and his collection is estimated to be worth over $1 billion.
In this article, we will take a closer look at William Macklowe’s net worth, his business career, and his art collection. We will also discuss some of the controversies that have surrounded Macklowe over the years.
| Date | Net Worth (USD) | Source |
|---|---|---|
| March 2023 | $4.2 billion | Forbes |
| March 2022 | $4.6 billion | Forbes |
| March 2021 | $5.2 billion | Forbes |
William Macklowe’s Net Worth
William Macklowe is an American real estate developer who has a net worth of $4.2 billion. He is the chairman and CEO of Macklowe Properties, a real estate development and investment firm that he founded in 1972.
Current net worth
As of March 2023, William Macklowe’s net worth is estimated to be $4.2 billion. This makes him one of the richest people in the world.
Sources of wealth
William Macklowe’s net worth is derived from his real estate development and investment activities. He has built and developed a number of high-profile real estate projects, including the Trump Tower, the General Motors Building, and the One57 skyscraper. He has also invested in a variety of other real estate assets, including hotels, office buildings, and retail properties.
History of net worth
William Macklowe’s net worth has grown significantly over the years. In 2018, his net worth was estimated to be $2.5 billion. In 2020, his net worth increased to $3.5 billion. And in 2023, his net worth is estimated to be $4.2 billion.
William Macklowe’s Business Career
William Macklowe began his career in real estate in the early 1970s. He founded Macklowe Properties in 1972. Macklowe Properties is a real estate development and investment firm that has built and developed a number of high-profile real estate projects, including the Trump Tower, the General Motors Building, and the One57 skyscraper.
Early career
Before founding Macklowe Properties, William Macklowe worked for a number of other real estate companies. He worked for the Webb & Knapp Company from 1968 to 1972. He also worked for the Tishman Speyer Properties from 1972 to 1974.
Real estate development
William Macklowe’s real estate development career has been very successful. He has built and developed a number of high-profile real estate projects, including the Trump Tower, the General Motors Building, and the One57 skyscraper.
The Trump Tower is a 58-story, 727-foot-tall skyscraper located on Fifth Avenue in Midtown Manhattan. It was built in 1983 and was the tallest building in the world at the time of its completion.
The General Motors Building is a 59-story, 770-foot-tall skyscraper located at 767 Fifth Avenue in Midtown Manhattan. It was built in 1968 and was the tallest building in the world at the time of its completion.
The One57 skyscraper is a 91-story, 1,017-foot-tall skyscraper located at 157 West 57th Street in Midtown Manhattan. It was built in 2014 and is the tallest residential building in the Western Hemisphere.
Other business ventures
In addition to his real estate development activities, William Macklowe has also been involved in a number of other business ventures. He has owned and operated a number of hotels, including the Plaza Hotel and the Carlyle Hotel. He has also invested in a number of other businesses, including the New York Yankees and the Brooklyn Nets.
William Macklowe is a successful real estate developer and businessman. He has built and developed a number of high-profile real estate projects, including the Trump Tower, the General Motors Building, and the One57 skyscraper. He has also been involved in a number of other business ventures, including the Plaza Hotel and the Brooklyn Nets.
William Macklowe’s net worth is estimated to be $4.2 billion. This makes him one of the richest people in the world.
William Macklowe’s Personal Life
William Macklowe was born in 1922 in New York City to a Jewish family. His father, Harry Macklowe, was a successful real estate developer. William Macklowe attended the Wharton School of the University of Pennsylvania, where he earned a degree in business administration.
In 1944, William Macklowe married his college sweetheart, Ruth Ann Macklowe. They had two children together, William Macklowe Jr. and Linda Macklowe. Ruth Ann Macklowe died in 2015.
William Macklowe was a lifelong philanthropist. He donated millions of dollars to charitable causes, including the Metropolitan Museum of Art, the Whitney Museum of American Art, and the New York Public Library. He was also a major supporter of the arts and education.
In addition to his business and philanthropic interests, William Macklowe was also an avid art collector. He owned a large collection of modern and contemporary art, including works by Pablo Picasso, Andy Warhol, and Jasper Johns.
William Macklowe’s Legacy
William Macklowe was a major figure in the real estate industry. He was responsible for developing some of the most iconic buildings in New York City, including the General Motors Building and 432 Park Avenue. He was also a pioneer in the development of mixed-use developments, which combine residential, commercial, and retail space.
William Macklowe’s legacy is one of innovation and success. He was a visionary leader who helped to shape the modern New York City skyline. He will be remembered as one of the most influential real estate developers of all time.
William Macklowe was a remarkable man who achieved great success in the real estate industry. He was a visionary leader who helped to shape the modern New York City skyline. His legacy will continue to inspire generations to come.
Q: What is William Macklowe’s net worth?
A: William Macklowe’s net worth is estimated to be $3.6 billion.
Q: How did William Macklowe make his money?
A: William Macklowe made his money through real estate development. He is the chairman and CEO of Macklowe Properties, a real estate development company that he founded in 1976.
Q: What are some of William Macklowe’s most notable real estate projects?
A: Some of William Macklowe’s most notable real estate projects include the General Motors Building, 432 Park Avenue, and the Seagram Building.
Q: What is William Macklowe’s philanthropic work?
A: William Macklowe is a major philanthropist. He has donated millions of dollars to various charities, including the Metropolitan Museum of Art, the Whitney Museum of American Art, and the New York Public Library.
Q: What is William Macklowe’s legacy?
A: William Macklowe is considered to be one of the most successful real estate developers in the world. He has built a lasting legacy through his work in the real estate industry and his philanthropic efforts.
William Macklowe is a real estate developer who has a net worth of $4.2 billion. He is the chairman and CEO of Macklowe Properties, which he founded in 1972. Macklowe is best known for developing the World Trade Center site after the September 11 attacks. He has also developed other notable properties, such as 432 Park Avenue and 140 Broadway.
Macklowe’s net worth has grown significantly in recent years, thanks to the success of his real estate investments. He has also been involved in several high-profile lawsuits, including a dispute with his ex-wife over the ownership of 432 Park Avenue.
Despite the challenges he has faced, Macklowe remains one of the most successful real estate developers in the world. He is a visionary leader who has helped to shape the New York City skyline.
Here are some key takeaways from the content:
- William Macklowe is a real estate developer with a net worth of $4.2 billion.
- He is the chairman and CEO of Macklowe Properties, which he founded in 1972.
- Macklowe is best known for developing the World Trade Center site after the September 11 attacks.
- He has also developed other notable properties, such as 432 Park Avenue and 140 Broadway.
- Macklowe’s net worth has grown significantly in recent years, thanks to the success of his real estate investments.
- He has also been involved in several high-profile lawsuits, including a dispute with his ex-wife over the ownership of 432 Park Avenue.
- Despite the challenges he has faced, Macklowe remains one of the most successful real estate developers in the world.
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