Rank #715
Annette Lerner & family
Net worth $5.8B
Real estate · United States
- Born
- Feb 27, 1930
- Age
- 96
- Source
- Real estate
- Residence
- Chevy Chase, Maryland
- Citizenship
- United States
- Marital status
- Widowed
- Children
- 3
- Education
Net worth over time
Biography
- In 1952, Annette Lerner lent $250 to her 26-year-old husband, Ted Lerner, to start a real estate company, selling homes for developers.
- Today, Lerner Enterprises is among the largest owners of real estate in the Washington, D.C area.
- Ted Lerner died in February 2023, leaving Annette and her children as the heirs of his estate.
- Since 2006, the Lerners have owned the Washington Nationals baseball team. Ted passed control of the team to son Mark in 2018.
- The family donates to charities including Children's National Hospital in D.C., George Washington University and Hebrew University in Jerusalem.