Igor Olenicoff Net Worth is$2.6 Billion
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Igor Olenicoff net worth: Igor Olenicoff's net worth is $2.6 billion dollars which makes him one of the richest people in Florida. Igor Olenicoff earned both his undergraduate and graduate degrees from the University of Southern California. He amassed the majority of his fortune in real estate as the owner of Olen Properties. Olen Properties currently controls 6.4 million square feet of office space and over 12,000 apartments and other residences in Florida, Arizona, and Las Vegas. Mr. Olenicoff met American banker Brad Birkenfeld in Geneva in 2001. Mr. Birkenfeld had been instructed to persuade wealthy Americans to put their money in Swiss banks, primarily UBS, in order to avoid paying taxes. Mr. Olenicoff took this advice, and it backfired badly. Both he and Mr. Birkenfeld ended up in court. Mr. Olenicoff was charged with tax felony in 2007, paid $52 million in fines, and was sentenced to two years of probation and 120 hours of community service.

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Igor Olenicoff Latest News

Billionaire Forced to Pay Artist for Having Knock-Off Sculptures Made in China

Artist John Raimondi sued Russian-born real estate developer Igor Olenicoff after being tipped off about the copies of two of his sculptures, “Dian” and “Ceres,” which were on display in Orange County, Calif. Mr. Raimondi also filed a motion for ...
Posted: August 10, 2015, 9:38 am

UBS whistleblower Birkenfeld sues bank for libel

He went to prison after pleading guilty in 2008 to a charge of conspiring to defraud the United States in connection with his client Igor Olenicoff, a real estate developer. Olenicoff had pleaded guilty in 2007 to filing a false tax return but did not ...
Posted: May 1, 2017, 4:55 pm

Igor Olenicoff scores $52M loan for apartment community in Coral Springs

Newport, California-based company Olen Properties Corp., led by Igor Olenicoff, just scored an additional $12.8 million in financing, adding up to a $51.8 million loan for its rental community in Coral Springs, property records show. M&T Realty Capital ...
Posted: August 8, 2017, 9:47 am

California artist wages court fight against billionaire developer over forged art

Thus began a journey of uncovering copies of not only his work, but work by other artists, all over Orange County at office and housing projects developed by billionaire Igor Olenicoff’s Olen Properties Corp. Some have Chinese names attached to them ...
Posted: March 12, 2017, 10:15 pm

Olen Continues Rental Push in ‘Booming’ Markets, $600M Since ’14

Igor Olenicoff, the owner of Newport Beach-based real estate firm Olen Properties and Orange County’s third-wealthiest person, is keeping his company on the growth path locally and out of the area...
Posted: July 31, 2017, 2:10 pm
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