Rank #2621
George Marcus
Net worth $1.5B
Real estate · United States
- Born
- Aug 15, 1941
- Age
- 84
- Source
- Real estate
- Residence
- Los Altos Hills, California
- Citizenship
- United States
- Marital status
- Children
- 4
- Education
- Bachelor of Arts/Economics, San Francisco State
Net worth over time
Biography
- San Francisco Bay Area real estate broker George Marcus has been in the business for over 40 years.
- Most of his fortune lies in a 35% stake in Marcus & Millichap, the publicly-traded real estate brokerage he founded in 1971.
- Marcus & Millichap specializes in commercial real estate in the U.S. and Canada, closing nearly 9,000 transactions valued at $42.3 billion in 2016.
- Marcus also controls a 3% stake in Essex Property Trust, a REIT he founded that owns more than 60,000 apartments along the West Coast.
- Marcus also has a stake in several private real-estate and investment companies, including SummerHill Housing Group and Pacific Urban Residential.
- He graduated with a B.A. in economics from San Francisco State University and served on the Board of Regents of the University of California from 2000 to 2012.
- Marcus was born on a Greek island, northeast of Athens, and immigrated to the United States when he was four with his poor parents.
Financial assets
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