Donald Bren Net Worth is$12 Billion
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Profession: Businessperson, Philanthropist, Real estate developer

Date of Birth: May 11, 1932

Nicknames: Donald Leroy Bren, Donald L. Bren

Ethnicity: White

Country: United States of America

Donald Bren is a California born, businessman and real estate magnate with an estimated net worth of $12 billion dollars. Donald Bren is the chairman of the Irvine Group and is ranked as the wealthiest real estate developer in the US. He is also known for his philanthropic activities and donates in excess of $1 billion dollars to various charities and foundations.
Donald L. Bren (born May 11, 1932) is an American businessman who is Chairman of the Irvine Company, a US Based real estate investment company, which he wholly owns.
Bren graduated from the University of Washington where he received a bachelor's degree in business administration. He tried out for the 1956 Olympic ski team but did not qualify due to an injury. After college he served as an officer in the United States Marine Corps.
Bren is the son of naval officer and entertainment executive Milton Bren and his wife, civic leader Marion (Newbert) Bren. His parents divorced in 1947, and Bren's father married Academy Award-winning actress Claire Trevor in 1948. His mother remarried in 1953, to steel business man Earle M. Jorgensen.
Bren built his first house in Newport Beach with a $10,000 loan, in 1958. He began his business career in 1958 when he founded the Bren Company, which built homes in Orange County, California. In 1963, he and two others started the Mission Viejo Company (MVC) and purchased 10,000 acres to plan and develop the city of Mission Viejo, California. Bren was President of MVC from 1963 to 1967.International Paper bought Bren Co. for $34 million in 1970, and then sold it back to Bren for $22 million in 1972 following the recession. Bren took the proceeds and in 1977 joined a group of investors to purchase the 146-year-old Irvine Company. Bren was the largest shareholder of the resulting consortium, owning 34.3% of the company and received the title of Vice-chair of the board. By 1983, he was the majority owner of the firm and was elected chairman of the board. By 1996, he had bought out all outstanding shares to become the sole owner.
In an interview in 2011, Bren summarized his real estate investment strategy: "What I learned was that when you hold property over the long term, you're able to create better values and you have something tangible to show for it."Forbes, in its 2008 edition of, "The 400 Richest Americans," ranked Bren as th

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Donald Bren Latest News

Steven Michael Bren's Year has Included Jail, Rehab and a New Arrest Warrant

From the Dept. of Oh How the Mighty Have Fallen: An arrest warrant has been issued for the son of Orange County billionaire Donald Bren—four months after Steven Michael Bren received jail time for stalking and repeatedly harassing his ex-wife.
Posted: July 25, 2017, 10:14 pm

UCI logs second-highest research funding total in fiscal 2016-17

One highlight was a $2 million grant from the Bill & Melinda Gates Foundation to Anthony James, UCI's Donald Bren Professor of Microbiology & Molecular Genetics and Molecular Biology & Biochemistry, to generate sustainable, genetics-based approaches to ...
Posted: August 14, 2017, 11:50 am

The incredible rise of billionaire Donald Bren, the richest real estate developer in America

California native Donald Bren is the wealthiest real estate developer in America, according to our list of the 50 richest people on earth, produced in collaboration with Wealth-X. The mogul has an estimated net worth of $17 billion that comes primarily ...
Posted: March 1, 2016, 7:16 am

Link between biological clock and aging revealed

SIRT1 has also been tied to the inflammatory response, diabetes and aging. Sassone-Corsi, the Donald Bren Professor of Biological Chemistry at UCI, is one of the world's leading researchers on circadian rhythms, epigenetics and metabolism. Shogo Sato ...
Posted: August 9, 2017, 5:00 pm

A win-win for the Bren brothers in La Jolla

The two Bren brothers — Irvine Co. billionaire boss Donald and his lesser-known sibling, yet a real estate power in his own right, Peter – have spun an interesting financial win-win off a La Jolla office tower. It’s not like anybody’s publicly ...
Posted: July 23, 2012, 1:00 am
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