Portrait of Edward Roski Jr

Rank #601

Edward Roski Jr

Net worth $6.6B

Real estate · United States

Born
Dec 25, 1938
Age
87
Source
Real estate
Residence
Los Angeles, California
Citizenship
United States
Marital status
Widowed
Children
3
Education
Bachelor of Arts/Science, University of Southern California

Net worth over time

Biography

  • Through his Majestic Realty, Los Angeles-based developer Edward Roski Jr. owns more than 92 million square feet of industrial real estate across the country.
  • Majestic Realty is developing a 441-acre business park on the site of Pennsylvania's former Bethlehem Steel plant, with tenants including Crayola and Walmart.
  • Roski's father founded Majestic Realty in 1948.
  • Roski Jr. helped lead development of the Staples Center in downtown L.A., and is a minority owner of the L.A. Kings and the L.A. Lakers.
  • In 2016, Roski and his wife, Gayle, announced a $25 million gift to endow an eye institute at the University of Southern California, where they met as undergraduates.
  • Roski spent four years as a Marine Corps officer in Vietnam, earning two Purple Hearts.
  • An adventurer in his free time, Roski has climbed Mount Everest, cycled across Russia and Burma and submerged in a Russian submarine to the Titanic.