Gallery

Name

Leonard Stern

Primary Residence

New York, New York

Education

Bachelor of Arts/Science, New York University | Master of Business Administration, Leonard N. Stern School of Business

Citizenship

United States

Affiliated Companies

Hartz Mountain Industries, Inc.

Forbes Self Made Score

Source Of Wealth

real estate

Net Worth

$4,800,000,000

Forbes Profile

https://www.forbes.com/profile/leonard-stern

Forbes 2019 Billionaires List Rank:

379

Forbes Philanthropy Score

Forbes List Rank One: Title

#379 Billionaires 2019

Forbes List Rank One: Link

https://www.forbes.com/billionaires/

Forbes List Rank Two: Title

#143 Forbes 400 2018

Forbes List Rank Two: Link

https://www.forbes.com/forbes-400/

Summary

Leonard Stern joined his father Max's pet supply business in 1959. Seven years later he expanded into real estate, acquiring a New Jersey warehouse.His Hartz Mountain firm owns over 42 million square feet of real estate, mostly in the New Jersey area. Stern sold the pet business for $350 million in 2000. He has also ventured into publishing, energy, capital management and carpet cleaning. Most of Hartz's portfolio is in warehouses. It recently expanded beyond its New Jersey base to Atlanta, Baltimore and Charlotte, N.C. Many know his name thanks to his $30 million donation 30 years ago to New York University's business school, renamed in his honor.

Did you know?

Leonard's father Max Stern arrived in New York from Germany in 1926 with 5,000 canaries -- a friend's way to repay a loan. In 2015, Stern's son Eddie was named Hartz's president and chief operating officer. He will eventually succeed his father as chairman and CEO.

Age

Number of Children

Wikipedia

https://en.wikipedia.org/wiki/Leonard_N._Stern