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

Lawsuit proceeds against billionaire UM donor Sam Zell's apartment company

ANN ARBOR, MI - A federal judge in California has given the go-ahead for a group of tenants to pursue a class action lawsuit against rental property giant Equity Residential, a company founded and chaired by University of Michigan alum and billionaire ...
Posted: December 12, 2017, 7:11 am

The developer that reaped billions, went bankrupt and left slums across Mexico

Critical financial players were on board, committing billions to the company. But then it turned south. Sam Zell was looking for opportunities, and he found a winner in Mexico. The government was working with developers to build massive housing complexes ...
Posted: November 30, 2017, 12:58 pm

Sam Zell Selling Groupon HQ For $500M, Effectively Exiting Chicago Office Market

Sam Zell's Equity Commonwealth is nearing a deal to sell 600 West Chicago Ave., best known as Groupon's headquarters, to Sterling Bay for $500M, Crain's Chicago Business reports. The deal would be the second-highest Chicago office trade of 2017, behind ...
Posted: December 12, 2017, 6:19 pm
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