Alan Casden Net Worth

How much is Alan Casden Worth?

in Richest BusinessRichest Billionaires
Alan Casden Net Worth:
$1.2 Billion

Alan Casden Net Worth: Alan Casden is an American self-made businessman who has a net worth of $1.2 billion. He rose to riches as a real estate developer who has built more than 90,000 multi-family apartments since the 1980s. Born Alan I. Casden in 1945, he initially got enrolled the University of California, Los Angeles but transferred to the University of Southern California to study accounting. Once he took his BA and MBA from USC's Leventhal School of Accounting, he joined Kenneth Leventhal & Company, a major accounting firm for large U.S. residential real estate developers. Showing excellent skills in the field, he was the one to open the company's office in San Francisco in 1969. Later on, he accepted to work with apartment developer Robert Mayer and with the financial support from the Belzberg family of Canada, he eventually took over the firm. By 1980, he bought Belzberg family's entire interest and renamed the company Casden Properties, LLC. With headquarters in Beverly Hills, California, Casden Properties has become one of the largest multi-family developers in the United States. He saw a decline of $700 million in his net worth from a year ago because of a protracted breakup with investing partner Cerberus Partners, a New York private equity firm. However, Casden still owns 3,100 luxury apartments in the Los Angeles area and has plans to develop an apartment and retail complex in West Hollywood. Furthermore, he is a collector of antique Jewish coins and one of a handful of billionaires attempting to buy the Los Angeles Dodgers.

Alan Casden Net Worth

Alan Casden

Net Worth:$1.2 Billion
Date of Birth:1945
Nationality:United States of America
All net worths are calculated through the combination of a robust methodology and a proprietary algorithm. The results are fact checked and confirmed by a team of editors and industry insiders. We work diligently to ensure that our numbers are the most accurate celebrity net worth data you will find anywhere on the internet.
Did we make a mistake?
Submit a correction suggestion and help us fix it!
Submit a Correction