Jeffrey Soffer Net Worth is$1 Billion
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Jeffrey Soffer net worth: Jeffrey Soffer is an American real estate developer who has a net worth of $1 billion. Jeffrey Soffer is the son of Donald Soffer who is the founder of Florida real estate empire Turnberry Associates. The elder Soffer made his first real estate fortune after developing Aventura, which would eventually grow into one of the wealthiest communities in Florida. Today Turnberry associates has real estate projects in cities across the United States including Las Vegas, Orland and Arlington. They also have a project on Paradise Island in the Bahamas. Turnberry builds and manages condos, shopping centers and commercial offices. To date they have developed 20 million square feet of retail space, 1.5 million square feet of office space, 2000 hotel rooms and more than 7000 condos. In total, Turnberry has developed more than $7 billion worth of property worldwide. Jeffrey Soffer currently serves as the company's Chairman and CEO. More recently, Soffer became famous for being engaged to supermodel Elle Macpherson who is actually six years his senior. Jeffrey Soffer made headlines in November 2012 after he narrowly survived a helicopter crash in the Bahamas that claimed the life of his friend. Soffer suffered a fractured vertebrae and a few broken bones.
Fontainebleau Resorts, LLC, is a resort-hotel company started by South Florida real estate developers Turnberry Associates and the Plant family in 2005 after their purchase of the famous Fontainebleau Hotel in Miami Beach, Florida. The two families each hold a 50% stake in the company. The company is based in Las Vegas, Nevada.
The company is headed by Turnberry Principal, Jeffrey Soffer, PLANTworldwide owner Brett Plant,and former Mandalay Resort Group President, Glenn Schaeffer. The company currently has several ongoing hotel and condominium development projects in Miami Beach and Las Vegas, with several more on the way, and Schaeffer has suggested that Fontainebleau will go public in order to raise money for their multi-billion dollar development plans.[citation needed]
On April 17, 2007, Publishing and Broadcasting Limited (now Crown Limited) announced that it had entered into an agreement to acquire 19.6% of Fontainebleau Resorts for US$250 million.[citation needed]
Schaeffer is no longer with the company.

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Jeffrey Soffer Latest News

Jeffrey Soffer Buys Out the Dubai Government’s 50 Percent Share in the Iconic Fontainebleau Hotel in Miami Beach

Jeffrey Soffer, and his partners Brett Plant and Glenn Schaeffer, the former of the Mandalay Resort Group, will be paying out an undisclosed sum for the 50% share in the hotel through the which they jointly own, with Soffer holding down the role of CEO.
Posted: September 10, 2013, 12:23 am

Elle Macpherson Marries Jeffrey Soffer

Elle Macpherson married billionaire Jeffrey Soffer in what was described as an "intimate" wedding in Fiji, PEOPLE has confirmed. "Jeff and Elle eloped a month ago," the source tells PEOPLE, explaining that the groom is very low-key and likes to do things ...
Posted: August 5, 2013, 7:25 am

Just married: Supermodel Elle Macpherson 'ties the knot with billionaire Jeffrey Soffer in Fiji'

It was unknown is Elle's two sons Flynn, 15, and Aurelius Cy, 10, - from her previous relationship with Arpad Busson - attended. Elle, 49, and hotel heir Jeffrey, 44, got engaged in March after reconciling in November 2012 following a eight months apart.
Posted: August 5, 2013, 11:59 am
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