Name
Ted Lerner
Ted Lerner
Chevy Chase, Maryland
LLB, George Washington University | Associate in Arts/Science, George Washington University
United States
9
real estate, Self Made
$5,300,000,000
365
1
The Richest Person In Every State 2019
#365 Billionaires 2019
In 1952, a 26-year-old Ted Lerner borrowed $250 from his wife to start a real estate company, selling homes for developers.He sold some 22,000, then decided to become a builder. Now he owns 20 million square feet of commercial and retail space, plus hotels and apartments.Since 2006 Lerner has owned the Washington Nationals baseball team. In June 2018, Ted passed control of the team to son Mark.The family donates to charities including Children's National Hospital in DC, George Washington University and Hebrew University in Jerusalem.
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