Sam Zell Net Worth is$4.4 Billion
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Sam Zell is an entrepreneur of real estate, as well as founder and chairman of Equity Groups Investments L.L.C., with a net worth of $4.4 billion. Sam Zell earned his net worth through his many media and real estate investments, as well as energy and health care, transportation and more. He was born in Chicago, Illinois, U.S.
Samuel "Sam" Zell (born September 28, 1941) is a U.S. business magnate. He is Chairman of Equity Group Investments, L.L.C. (EGI), a private, entrepreneurial investment firm he founded more than 40 years ago. EGI's investments span industries and continents, and include interests in real estate, energy, logistics, transportation, media, and health care.
Zell is also co-founder and Chairman of Equity International, a private investment firm that focuses on real estate-related companies outside of the U.S. In addition, Zell maintains substantial interests in, and is the Chairman of, a number of public companies listed on the New York Stock Exchange, including: Equity Residential (EQR), the largest apartment REIT; Equity LifeStyle Properties (ELS), a real estate investment trust that owns and operates manufactured home communities; Covanta Holding Corp. (CVA), an international leader in converting waste to energy; and Anixter (AXE), a value-add provider of integrated networking and cabling solutions that support business information and network infrastructure requirements. Zell is also the chairman of Tribune Company, a private media conglomerate.
Zell was born in Chicago in 1941 to Rochelle and Berek Zielonka, Jewish immigrant parents from Poland who fled the country just before the German invasion in 1939. Shortly after moving from Seattle to Chicago, Berek Zielonka (later known as Bernard) changed the family name to Zell. He received his BA (1963) from the University of Michigan, where he was a member of the Alpha Epsilon Pi fraternity. He also received his JD (1966) from the University of Michigan Law School.
Zell, with Robert H. Lurie went on to found the Equity Group Investments, LLC, which spawned three real estate public companies, including: Equity Residential, the largest apartment owner in the United States; Equity Office Properties, the largest office owner in the country; and Equity Lifestyle, a mobile home company. In addition, Zell has created a

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Sam Zell Latest News

Did Trump get bad advice from Steve Bannon on Charlottesville?

Fox News contributor Karl Rove and Equity Group Investments founder Sam Zell on President Trump's agenda, his handling of the violence in Charlottesville and the Alabama Senate race.
Posted: August 15, 2017, 6:39 am

Sam Zell on Global Growth: “Where’s the Demand?”

The first question Sam Zell asks when someone offers up an investment opportunity is “Where’s the demand?” he explained at the 62nd CFA Institute Annual Financial Analysts Seminar. “Opportunities are completely connected to demand,” he told ...
Posted: August 16, 2017, 9:24 am

Office Depot buys its Boca Raton headquarters for $132M

Equity Commonwealth, the Chicago-based real estate investment trust led by Chairman Sam Zell, is the seller. It traded for $211 per square foot. The deal “strengthens our financial position by reducing ongoing expenses and providing sustained value in ...
Posted: August 11, 2017, 7:00 am

Office Depot purchases its headquarters building in Boca Raton for $132 million

The building, which has more than 625,000 square feet and houses about 2,000 Office Depot employees, was last sold for $171 million in 2011 to Equity Commonwealth, a real estate investment trust chaired by Sam Zell. The Chicago real estate mogul in 2007 ...
Posted: August 9, 2017, 1:00 am

NEET 2017: Madras HC posts PIL on for order to Aug 23

Exec resigns from president's council, and Trump lashes out Equity Group Investments founder Sam Zell believes President Trump should eliminate committees such as the manufacturing council. The president was already under fire for failing to quickly ...
Posted: August 17, 2017, 1:17 pm
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