- Category:
- Richest Business › Executives
- Net Worth:
- $450 Million
- Profession:
- Real-estate developer
- Nationality:
- American
What is Bruce Makowsky's Net Worth?
Bruce Makowsky is an American real estate developer and entrepreneur who has a net worth of $450 million. Bruce Makowsky was born in 1956 and resides in Beverly Hills, California. He set a record in 2017 when he listed a home that he developed for $250 million in Bel Air. Prior to becoming a real estate developer, Makowsky made a fortune selling handbags on QVC and in department stores. He eventually sold his handbag company to a Chinese conglomerate for $330 million.
(Photo by David Crotty/Patrick McMullan via Getty Images)
After cashing out he founded BAM Luxury Development which is a property development company focusing on a 10 mile radius on the Westside of Los Angeles. He bought a home for $5.3 million in 2013 and sold it for $19 million the next year after renovating it. He also flipped a home from $12.65 million to $65 million. Bruce Makowsky sold a home for $70 million in 2014 which set a record in Beverly Hills. The home he listed for $250 million was later relisted for $188 million and has 12 bedrooms and 21 bathrooms. Here is a video of the incredible property which was eventually reduced in price to $150 million:
