Andre Balazs net worth: Andre Balázs is a New York City hotelier and residential developer who has a net worth of $450 million dollars. Andre Balazs has built his net worth as owner of seven hotels in New York, Miami and Los Angeles. His hotels include the Chateau Marmont, The Mercer, Sunset Beach, and the Standard Hotels which are located in Downtown LA, West Hollywood, Miami, and New York. which recently opened in Manhattan's Meatpacking District. Born in Budapest, he studied humanities at Cornell University as a College Scholar, then received a masters degree at a joint journalism and business program at Columbia University.