Jorge Perez Net Worth is$1.55 Billion
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Jorge Perez Net Worth: Jorge Perez is an Argentinian-native American real estate developer who has a net worth of $1.55 billion. Known as South Florida condo king, Jorge Perez is one of the richest Americans today. Once he graduated from the University of Michigan, Perez made his career beginnings as an urban planner and then moved into low-income housing development. A brief encounter with New York developer Stephen Ross led to a fruitful partnership as the two founded together The Related Companies in 1979. Initially, they built affordable housing in the 1980s, after which they switched to high-end condo construction. More precisely, the Related Companies has become one of the most popular condo builders in Southern United States. Thus, Perez, who is often referred to as the "Donald Trump of the Tropics", is the owner of 50 condo towers in Las Vegas, Fort Meyers and South Florida. Aside from his successful business deals, Mr. Perez has established himself as a democratic fund raiser who supported the candidacy of Bill Clinton and his wife, Hillary, as well as the current US President Barack Obama, after the latter was declared himself as the official Presidential nominee of the Democratic Party. With residence in Miami, Florida, he is married to Darlene Perez with whom he has four children.
Jorge M. P?(C)rez (born 1950) is an American real estate developer and author.


P?(C)rez was born in Argentina of ethnic Cuban parents and lived in Colombia before moving to Miami in 1968. He is graduate of Long Island University C.W. Post Campus, and the University of Michigan.
P?(C)rez was an economic development director with the city of Miami before he decided to enter the real estate business and became a developer. In 1979, he founded The Related Companies with New York builder Stephen M. Ross. P?(C)rez built his fortune by building and operating low-income multifamily apartments across Miami, then branched off into rental apartments before becoming one of the most prolific high-rise condo builders in the Southern United States. P?(C)rez has owned 50 condo towers in various stages of completion in South Florida, Fort Myers and Las Vegas. He is known as the "Donald Trump of the Tropics".
The Related Companies had $2.1 billion in revenue in 2004, putting P?(C)rez at the top of the Hispanic Business 500 during this period of time. He is an active Democratic fund raiser; he advised Bill Clinton on Cuba during his presidency and was an active fundraiser for the failed presidential campaign of Senator Hillary Rodham Clinton. In 2008, he also hosted and raised money for Barack Obama after he became the Democratic presidential nominee.
On November 18, 2007, The Related Companies demolished the Sheraton at Bal Harbour to make way for a new project. The Sheraton at Bal Harbour, originally called the Americana, was created by architect Morris Lapidus, who also designed the Fontainebleau Miami Beach and Eden Roc hotels. These iconic buildings inspired Miami Modern Architecture (MiMo).
However with the financial crisis of 2007???2010, many of The Related Companies' projects were in financial strife as buyers, many of whom were speculators, refused to settle on their apartments or banks refused to grant home or property investment loans to the buyers.

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Jorge Perez Latest News

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Nightwing #37 Review: First Meetings and Unfinished Business

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Posted: January 21, 2018, 9:00 pm

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Posted: January 13, 2018, 12:28 am
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