Name
Rick Caruso
Rick Caruso
Brentwood, California
Bachelor of Arts/Science, University of Southern California | Doctor of Jurisprudence, Pepperdine University
United States
7
real estate, Self Made
$4,000,000,000
504
2
#504 Billionaires 2019
#179 Forbes 400 2018
Rick Caruso is a Los Angeles real estate developer who has built some of the country's most successful shopping centers. One of those centers, The Grove, gets an average of 49,000 daily visitors -- more than Disneyland.The grandson of Italian immigrants, Caruso opened a retail center in 1992 and has more recently expanded into residential, office and hospitality. He has been pondering a mayoral run for Los Angeles for years.In 2018, Caruso became chairman of the board at USC. He is leading an investigation into sexual misconduct allegations at the campus health center.
His father, Henry Caruso, founded Dollar-Rent-a-Car.Caruso served as president of the Los Angeles Police Commission and commissioner for the Los Angeles Department of Water and Power.
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