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$4 Billion
Wiki Biography
Jerry I. Speyer was born on the 23rd June 1940, in Milwaukee, Wisconsin USA. His father was of German-Jewish descent, and his mother Swiss. He is renowned as a real estate developer and one of the founding partners of Tishman Speyer, a New York-based real estate company that owns the Chrysler Building and the Rockefeller Centre. Speyer has been actively involved in the real estate business since 1964.
According to authoritative sources, Jerry Speyer’s net worth is an astonishing $4 billion, as of data from mid-2017. Real estate stands as the primary source of his wealth.
Jerry Speyer Net Worth $4 Billion
Speyer was brought up on Riverside Drive and received his education at the private Horace Mann School. He pursued German literature at Columbia University, obtaining his Bachelor’s degree in 1962, and later his Master’s degree at the Columbia Business School in 1964.
His professional journey commenced in 1964 as an assistant to the Vice President of Madison Square Garden. He went on to become the President and CEO of Tishman Speyer, which has evolved into one of the largest developers, owners, and managers in the real estate field globally, managing a real estate portfolio of more than seven million square meters in major cities across the US, Europe, Latin America, and Asia. Tishman Speyer’s properties include the iconic New York constructions, such as the Rockefeller Center, Chrysler Building, Lipstick Building, the New York Times headquarters on West 43rd Street, and the City Spire Centre. Beyond the US, their notable constructions encompass the MesseTurm in Frankfurt, the Sony Centre in Berlin, and Sao Paulo’s North Tower. Moreover, since 2005, Tishman has been involved in the three biggest real estate transactions in US history: the sale of 666 Fifth Avenue for $1.8 billion, the purchase of the MetLife Building for $1.72 billion, and the acquisition of Stuyvesant Town and Peter Cooper Village for $5.4 billion, including a 32-hectare site in Manhattan with 110 buildings and 11,232 apartments.
Speyer is also engaged as a director and member of the Executive Committee of the Federal Reserve Bank of New York and serves as Vice-Chairman of the New York Presbyterian Hospital and the Rand Corporation. He is the Chairman of the Executive Committee and President Emeritus of Columbia University, President Emeritus of the New York. Furthermore, he holds positions as the Vice-President of the Museum of Modern Art and President Emeritus of the influential Partnership for New York City, founded by David Rockefeller. Notably, Speyer is on the Board of Directors of Carnegie Hall, Siemens AG, and the Real Estate Roundtable, and he is a member of the Economic Club of New York and the Foreign Relations Council.
All these engagements have significantly contributed to Jerry Speyer’s net worth.
In his personal life, Jerry Speyer married Lynn Tishman in 1964. The couple had three children but divorced in 1987. In 1991, Jerry Speyer married Katherine G. Farley, and they have a daughter together.
- Structural Info
| Net Worth | $4 Billion |
| Date Of Birth | June 23, 1940 |
| Place Of Birth | Milwaukee, Wisconsin USA |
| Profession | Real estate developer, Businessman |
| Education | Horace Mann School, Columbia Business School, Columbia University |
| Nationality | American |
| Spouse | Lynn Tishman (m. 1964-1987), Katherine G. Farley (m. 1991) |
| Children | Rob Speyer, Valerie Speyer Peltier, Holly Speyer Lipton, Laura Speyer |
| Parents | Germaine M., Ernest A. Speyer |
