Buy an apartment to rent? Or simply to make a profit on the typical capital gains on real estate? If you are thinking of making investments of this type, real estate tycoons like Skymarketing will inspire and motivate you to move forward.
It is that their success stories are another sign that this is one of the best markets to locate your capital and give your wealth a big boost.
Nevertheless, who are these real estate tycoons and what have they achieved? The reality is that there are many, from different countries and with different types of careers, and below you will be able to meet some of them.
1. Carlos Slim
Mexico City, Guadalajara, Monterrey and other important urban centres in the country are large and prosperous real estate markets that different investors have been able to take advantage of very well.
In the Guadalajara Metropolitan Area, for example, business people can find high-value areas such as Zapopan, with modern, quality developments designed for the contemporary lifestyle.
Inspired by this favorable scenario offered by Mexico, Carlos Slim has made part of his fortune of billions of dollars with real estate.
In addition to being a great telecommunications businessman, the tycoon – who became the richest man in the world according to Forbes – is the owner of the Carso company, dedicated to the investment and construction of real estate projects of all kinds in Mexico: commercial, cultural, housing, sports, etc.
While it is Slim’s best-known real estate venture, he has many others actively involved in this product market.
2. Donald Bren
When it comes to riches, America is worth looking at. The country has some of the richest people in the world, and among them is Donald Bren.
Bren has made the majority of his more than $15 billion fortune in real estate investments through his famed Irvine Company.
Although the company was founded in 1864 and had a long history in this market since Bren became the primary owner, it has grown to the point where it now has more than 1,700 employees.
The Fashion Island in Newport Beach and the Irvine Spectrum Center in Irvine are some of the developments that the brand has made.
3. Chan Laiwa
Of course, the list of real estate tycoons is not exclusive to men, and Chan Laiwa is a clear example of this. It had to be included!
Under his huge consortium, Laiwa founded Fuwah International Group, and he has dedicated himself to rebuilding Beijing to help turn it, along with other market players, into one of the most developed and modern Capitals in the world.
This company has been in the market for more than 30 years and has built cultural centres, gigantic towers and even public spaces such as squares and avenues.
4. Jose Isaac Peres
We return to Latin America, this time in Brazil, to talk about the tycoon José Isaac Peres.
This businessman is the owner of a well-known firm called Multiplan, which has built around 20 shopping centres in different parts of Brazil, especially in Rio de Janeiro.
In total, some 1.5 million square meters have been developed by the company in the immense country of South America, including both residential and commercial projects.
The Golden Green, a large residential complex, and the Village Mall in Rio de Janeiro are among its most iconic developments.
5. Maria Asuncion Aramburuzabala
In Mexico, many women are leading the business markets, and real estate is no exception.
Among its real estate ventures, Aramburuzabala has made a huge fortune with Abilia, a consortium that has conducted developments throughout Mexico.
Specifically, some 2 million square meters of construction within the country belong to this company and the rest of the shareholders and directors of Abilia.
The company’s expertise in finding growth areas and exploring them residentially. To make this possible, it partners with developers and builders from each region.
6. Gerald Cavendish Grosvenor
This noble character is among the richest people in the United States. In addition to coming from a family related to the English Crown, he owns a company that invests and finances the development of the luxury real estate.
This is Grosvenor Estates, which owns properties in the most exclusive and sought-after areas of London. The prosperity of his company has given him so much wealth that he has indulged in luxuries such as, for example, buying a jet for almost 10 million dollars.
Also, the company has participated in the construction of real estate in other parts of Europe and Canada.
7. Rodrigo Nino
Finally, we will talk about a businessman who may not become a tycoon like Carlos Slim in terms of billions of dollars generated.
It is one of the great promoters of the real estate crowdfunding trend, which consists of gathering capital from many investors – generally projects – to carry out a specific construction and development project.
This Colombian, residing in New York, has raised more than 300 million dollars in profit with the company Prodigy Network, which offers the necessary technological and logistics platform for this operational trend.
Furthermore, that’s it! You already know some of the great real estate tycoons. They are very successful people, don’t you think?
As we mentioned at the beginning, the real estate market is one of the most profitable in the world, and starting to invest in it, with small movements such as the purchase of an apartment within a modern development, can be a very good idea.