Rick Caruso Net Worth
Rick Caruso is an American businessman, entrepreneur, and philanthropist. He is the founder, chairman, and chief executive officer of Caruso Affiliated, a privately held real estate development, management, and investment company based in Los Angeles, California. Rick Caruso net worth is $4.23 billion in 2022.
He was born and raised by his parents in Glendale, California in the United States of America. His father‘s name was Joseph Caruso and his mother‘s name was Joanne Caruso. He has not provided any further information about his parents. He has nine siblings in total.
Rick Caruso Biography
Rick Caruso (born January 13, 1958) is an American businessman and real estate, developer. He is the founder and chief executive officer of Caruso Affiliated, a real estate development firm based in Los Angeles, California. Under his leadership, Caruso Affiliated has developed some of the most iconic shopping destinations in the nation, including The Grove, a 1.5 million–square–foot shopping, dining, and entertainment center in Los Angeles, and Americana at Brand, an open–air, mixed–use center in Glendale, California.
|Net Worth( In 2022)
|Caruso Affiliated Holdings
|Date Of Birth
|January 07, 1989
|Age (At 2022)
|United States of America
|Greg Caruso, Justin Caruso, Gianna, Alex Caruso
|Address of Residence
|Brentwood, Los Angels, USA
|Name of Private Jet
|Gulfstream G550 (N1759C)
Rick Caruso Wife
He married Tina Michele Caruso in 1988 and they have four children Alex, Gregory, Justin, and Gianna. All his children have studied at the University of Southern California. He has not provided any further information about his wife.
Rick Caruso Career
Caruso became a real-estate attorney withinside the company finance branch at Finley Kumble. In 1987, he established Caruso, an organization that develops, owns, and manages homes. He first of all bought parking masses that his father agreed to hire for Dollar Rent-A-Car which he bought while the belongings rose in value. In 1990, he end the regulation to expand his retail and home homes full-time.
Source of Success
Caruso Affiliated owns, operates, and develops some of the most successful and recognizable shopping, dining, entertainment, and residential properties in Southern California, including The Grove, Palisades Village, Americana at Brand, The Promenade at Westlake, 8500 Burton Way, 725 Figueroa Street, and The Lakes at Thousand Oaks. The company also owns and operates the Caruso Academy, a private school for children with special needs.
In addition to his work with Caruso Affiliated, Rick Caruso is an active philanthropist and supporter of several charitable organizations. He is a member of the board of directors for the California Science Center Foundation and the USC Caruso Catholic Center. He is also a member of the board of governors for the Ronald Reagan Presidential Foundation and Institute. His Caruso Affiliated Holdings helps him be a successful Businessman.
The billionaire developer and his own circle of relatives are energetic philanthropists. Through the Caruso Family Foundation. The basis helps schooling and fitness take care of at-chance youngsters and their families.
They additionally aid Para Los Niños. Which gives excessive-quality, early schooling offerings to youngsters in Los Angeles.
And is a member of the board of Operation Progress. The organization’s undertaking is to empower under-served children to turn out to be educated, ethical, and efficient adults.
The donation was part of Rick’s initiative of investing in the Holocaust survivor community in Los Angeles. Caruso has been supporting the Holocaust community in the area for over 4 decades. He is a member of the Board of Directors for the Jewish Federation of Greater Los Angeles and the Jewish Home for the Aging. He also serves as a member of the board of the Museum of the Holocaust in Los Angeles.
Caruso Political Party
Rick Caruso is a member of the Republican Party. He has previously supported the candidacy of Hillary Clinton in the 2016 presidential election.
Some Real Facts about Rick Caruso
- He attended the University of Southern California, from which he graduated with a degree in finance.
- He is the third generation of his family to enter the real estate business.
- In 1991, Caruso opened The Grove in Beverly Hills, which was one of the country‘s most successful outdoor retail centers.
- In 2017, Caruso opened Palisades Village in Los Angeles, which has been praised for its architecture and design.
- Caruso was named one of the 50 most influential people in Los Angeles by Los Angeles Magazine in 2019,
- In 2020, Caruso was named one of the most powerful people in real estate by the Wall Street Journal.
- In 2020, Caruso has given service to both White House and state–level task forces on how to safely reopen the economy after Covid–19.
- He stands at a height of 5 feet 8 inches (1.76 m).
- Rick Caruso net worth is increasing day by day.