Rank #3345
Larry Silverstein
Net worth $1.0B
Real estate · United States
- Born
- May 30, 1931
- Age
- 94
- Source
- Real estate
- Residence
- New York, New York
- Citizenship
- United States
- Marital status
- Married
- Children
- 0
- Education
Net worth over time
Biography
- Larry Silverstein is the chairman and founder of Silverstein Properties, a New York-based real estate development firm.
- Silverstein Partners owns nearly 16 million square feet of office, residential and retail properties in the U.S., including 7 World Trade Center in Manhattan.
- Silverstein signed a 99-year lease on the World Trade Center towers for $3.2 billion in July 2001, seven weeks before the 9/11 attacks.
- Silverstein Properties and the Port Authority of New York and New Jersey ultimately received a $4.55 billion insurance payout and built new towers on the site.
- The firm developed the 7, 2 and 3 World Trade Center office towers. A fourth building, 5 World Trade Center, will be a residential high-rise when it's complete.