What is Donald Bren’s net worth?
The latest net worth of Donald Bren is $17 billion as of October 2022.
Net Worth: |
$17 Billion |
---|---|
Age: |
90 |
Born: |
May 11, 1932 |
Gender: |
Male |
Height: |
1.75 m (5 ft 9 in) |
Country of Origin: |
United States of America |
Source of Wealth: |
Entrepreneur |
Last Updated: |
October 23, 2022 |
Donald Bren is an American businessperson with a net worth of around $17 billion. He is famous for real state development.
Who is Donald Bren? What is his Profession and Nationality?
Donald Bren is an American businessman. Bren is the CEO and owner of the US real estate investment firm Irvine Company.
With a $10,000 loan, Bren constructed his first home in Newport Beach in 1958. In 1958, he created the Bren Company, a home construction company in Orange County, California, and thus began his entrepreneurial career.
Donald Bren’s net worth is roughly $17 billion as of October 2022.
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How was the early life of Donald Bren? Parents, Education
On May 11th, 1932, Donald Leroy Bren was born in Los Angeles.
Milton and Marion Bren are the parents of Bren. In 1948, his parents got divorced. In 1948, Bren’s father wed again, this time to Oscar-winning actress Claire Trevor.
Bren earned with a bachelor’s degree in business administration and economics from the University of Washington. He tried out for the Olympic ski team in 1956, but due to an injury, he was unable to participate. He served as an officer in the US Marine Corps after graduating from college.
Professional Career of Donald Bren
With a $10,000 loan, Bren constructed his first home in Newport Beach in 1958. In 1958, he created the Bren Company, a home construction company in Orange County, California, and thus began his entrepreneurial career.
He invested with a group of financiers in the 146-year-old Irvine Company. Bren received the vice-chair of the board and was the consortium’s largest stakeholder, with 34.3% of the business.
Bren characterized his real estate investing strategy in an interview from 2011 by saying, “What I learnt was that when you own property over the long term, you’re able to build better values, and you have something tangible to show for it.”
Although he is the richest US real estate developer and the 32nd-richest American according to Forbes’ 2019 edition of “The 400 Richest Americans,” with an estimated net worth of $17 billion.
The Irvine Company is thought to be the owner of more than 120,000,000 square feet (ft.2) of property, the majority of which is in Southern California. A few hotels, marinas, golf courses, 550 office buildings, 125 residential complexes, and more than 40 shopping centers are among the company’s properties.
Donald Bren’s net worth is $17 billion as of October 2022.
Career Highlights of Donald Bren
Here are a few of Donald Bren’s career high points:
Company Irvine
Bren was listed among “The 400 Richest Americans” by Forbes (2019)
What are the famous quotes by Donald Bren?
“My two primary areas of focus have been open-space conservation and education, and I expect those to remain my priorities in the future. The Irvine open space and parklands provide serenity and balance to our unique Orange County lifestyle.” – Donald Bren
“Fulfilling the vision of the Irvine Ranch master plan has been a lifetime dedication and lifetime passion, and I am hopeful the heritage of our Irvine stewardship will live on in many new ways.” – Donald Bren
“When I first joined the Irvine Company, I realized that less than 11,000 acres were designated as open space in the original master plan, and that didn’t seem adequate to me. So, I began the lengthy process working with public and community organizations to add more open space.” – Donald Bren
“My first large-scale community development opportunity was the formation of the Mission Viejo Co. – a partnership with the O’Neill Family, who owned Rancho Mission Viejo. As the young president of the company, I had the responsibility for master planning, master building and implementing the new community’s development plans.” – Donald Bren
“Newport Center has become a Mediterranean town. The climate here is the same as the Mediterranean’s, and so is the architecture. This center exudes a radiance, energy. It will become a special way of life for everyone.” – Donald Bren
“My ultimate dream is for the Irvine Ranch to be known and celebrated as much for the outstanding communities we’ve planned and built as it is for what is not developed. The beneficiary being the 50,000 acres of undeveloped land that is now permanently preserved and conserved as Open Space and parklands.” – Donald Bren
Three Inspirational Takeaways From Donald Bren
After learning everything there is to know about Donald Bren’s wealth and career, let’s look at some of the things we can all learn from him.
1. Always Be Willing To Learn New Things
Entrepreneurs and leaders that are successful are always seeking out new knowledge and strategies to advance their companies. It frequently manifests as an insatiable desire. Be open-minded and pick up something new.
2. Be Creative and Unconventional
Successful leaders understand that in order to address a problem, they may need to think beyond the box they have established. This could manifest as seeking assistance from others, leaving the office, taking a break, or attempting something novel.
3. Be Open-Minded
Owners of businesses must accept responsibility for their errors. They must also be open and honest with their employees and clients. Be open-minded.
Questions and Answers
What is Donald Bren’s market value?
According to estimates, Donald Bren is worth $17 billion.
What is Donald Bren’s age?
Donald Bren, who became 90 years old on May 11, 1932, was born.
What is Donald Bren’s height?
Donald Bren is 5 ft 9 inches tall, or 1.75 meters.
Summary
The richest real estate developer in the US, Donald Bren is an American businessman who serves as chairman of the Irvine Group.
He is renowned for his charitable work and has given more than $1 billion to numerous institutions and charities.
Donald Bren’s net worth is roughly $17 billion as of October 2022.
10 Facts About Donald Bren
- Donald Bren (born in May 11, 1932) is an American businessperson. He owns the Irvine Company alongside Richard LeFrak.
- The duo bought the company in the early 1970s. The company is currently ranked 26th in the world’s real state ranking.
- His age is 88 years old as of now. Also, his zodiac sign is Taurus.
- His height is not mentioned. Yet, he seems to stand at a perfect height.
- Talking of his net worth, he is currently on the 32nd position of Richest American list with a worth of $17 billion.
- Moving on, he grew up in an American Well-to-do family. However, his parents divorced at a quite young age.
- He is currently married to Diane Bren. Diane is half the age of Donald Bren. His previous wives were also way younger than him.
- He shares three kids with his current wife. Altogether, he had 7 children from his marriages.
- He is not available in social media platforms as of now.
- Lastly, his son Steve Bren is a real estate developer. Also, Carl Bren is the president of Orange Country Builder.
Donald Bren’s Bio, Wiki and Facts
Name | Donald Bren |
Birthday | May 11, 1932 |
Age | 90 years old |
Gender | Male |
Height | N/A |
Nationality | American |
Ethnicity | White |
Profession | Chairman of Irvine Company |
Parents | Marion Newbert and Milton H. Bren |
Net Worth | $17 billion |
Married/Single | Married |
Wife | Diane Bren |
Divorce | 2: Mardelle Bren and Brigitte Muller |
N/A |