Rank #393
Jeff Greene
Net worth $9.0B
Real estate, investments · United States
- Born
- Dec 10, 1954
- Age
- 71
- Source
- Real estate, investments
- Residence
- Palm Beach, Florida
- Citizenship
- United States
- Marital status
- Married
- Children
- 3
- Education
- Master of Business Administration, Harvard University; Bachelor of Arts/Science, Johns Hopkins University
Net worth over time
Biography
- Jeff Greene became a billionaire by buying credit default swaps on subprime mortgage-backed bonds as the housing market crashed.
- Most of his fortune is now held in real estate in Los Angeles and South Florida, plus equities and other investments.
- Greene spent over $30 million in the summer of 2018 trying unsuccessfully to win the Democratic primary for governor of Florida.
- To pay for college, he relied on scholarships, loans and part-time jobs; he taught Hebrew 3 days a week and checked IDs outside the gym and library.
- He paid his way through Harvard Business School by traveling the country selling circus tickets.
- He bought his first house as an MBA student and rented out rooms. He had 18 properties at graduation.
- Greene has spent more than $20 million on his nonprofit Greene School for 'high potential' children in Palm Beach. It now has more than 100 students.
- At age 7 he shoveled walks and driveways. At 11 he had an 86-house paper route for the Worcester Telegram & Gazette in Massachusetts.