Name
Sam Zell
Sam Zell
Chicago, Illinois
Bachelor of Arts/Science, University of Michigan | Doctor of Jurisprudence, University of Michigan
United States
8
real estate, private equity, Self Made
$5,600,000,000
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3
#317 Billionaires 2019
#114 Forbes 400 2018
In 1969 Sam Zell started Equity Group Investments, which today invests in energy, logistics, transportation, manufacturing, communications and healthcare.Zell's Equity International has invested in 15 emerging markets including Argentina, where it's co-investing $300 million with Goldman Sachs.The forefather of modern real estate investment trusts, Zell chairs five public companies, including the nation's largest apartment REIT.His $39 billion sale of office REIT Equity Office to Blackstone just before the market crashed in 2007 was among the largest real estate deals ever. Around the same time, he led an $8.2 billion buyout of newspaper owner Tribune Company, which quickly went bankrupt.
Zell's family escaped Poland by train hours before Hitler's army bombed the tracks that ran through their town. They reached the U.S. by way of Japan in 1941. His nickname, The Grave Dancer, dates to 1975 when Zell wrote that his success came from reviving 'corpses' left behind by the last real estate crash.
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