Age, Biography and Wiki
Jorge M. Pérez was born on 17 October, 1950 in Buenos Aires, Argentina. Discover Jorge M. Pérez's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 73 years old?
Popular As |
N/A |
Occupation |
Businessman, investor, philanthropist, writer, economic development director |
Age |
74 years old |
Zodiac Sign |
Libra |
Born |
17 October 1950 |
Birthday |
17 October |
Birthplace |
Buenos Aires, Argentina |
Nationality |
Argentina |
We recommend you to check the complete list of Famous People born on 17 October.
He is a member of famous with the age 74 years old group.
Jorge M. Pérez Height, Weight & Measurements
At 74 years old, Jorge M. Pérez height not available right now. We will update Jorge M. Pérez's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Jorge M. Pérez's Wife?
His wife is Darlene Pérez
Family |
Parents |
Not Available |
Wife |
Darlene Pérez |
Sibling |
Not Available |
Children |
4 |
Jorge M. Pérez Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Jorge M. Pérez worth at the age of 74 years old? Jorge M. Pérez’s income source is mostly from being a successful . He is from Argentina. We have estimated
Jorge M. Pérez's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
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Jorge M. Pérez Social Network
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Timeline
In September 2021, Pérez donated $33 million to The Miami Foundation, an organization committed to building a more prosperous Miami. The donation came from the proceeds of the sale of his 10,000-square-foot waterfront estate, known as “Villa Cristina.” The foundation will use the funds to support causes associated with arts, culture, education, and social justice.
In 2019, Pérez opened a new art space called El Espacio 23 in Miami’s Allapattah neighborhood. The 28,000-square-foot experimental art space shows curated exhibitions from the Pérez Collection. It is open to the public and admission is free. The building also houses three apartments reserved for artist and curator residency programs.
In 2017, the company broke ground on a 400-unit luxury apartment project in Tampa, Florida and also plans to build more than 700 units in West Florida in coming years. The Related Group opened an office in 2017 in Dallas with plans to build apartments in Denver, Las Vegas, Phoenix and other major Texas markets. In 2018, the Related Group and Block Capital Group broke ground on a mixed-use development called the Bradley, a 175-unit apartment building in Miami. Kravitz Design, musician Lenny Kravitz's firm, will design the project's interior. The Related Group opened Icon Midtown, a high-rise apartment in the Midtown section of Atlanta, in 2018. It is Perez's first completed development in Georgia. Wynwood 25, a partnership between Perez and East End Capital, will deliver 289 rental apartments that will range in size from 400 to 1,200 square feet. Construction is scheduled for completion in 2019.
In December 2011, Pérez donated $35 million in cash and art to the Miami Art Museum to support the construction of its Herzog & de Meuron designed building. The museum was renamed the Pérez Art Museum Miami (PAMM). He donated $15 million more to the museum in 2016. The donation included $5 million in Cuban contemporary art. He has pledged to donate his entire collection to the museum after his death.
Pérez lives in Miami, Florida, with his wife, Darlene Pérez. He has four children. He is a friend and former business partner of President Donald Trump, who wrote the foreword for Pérez's 2008 book, Powerhouse Principles, although he has since been publicly critical of Trump's presidency.
On November 18, 2007, Related Group demolished the Sheraton at Bal Harbour to make way for a new project. The Sheraton at Bal Harbour, originally called the Americana, was created by architect Morris Lapidus, who also designed the Fontainebleau Miami Beach and Eden Roc hotels— buildings that had inspired Miami Modern Architecture (MiMo).
With the financial crisis of 2007–2010, many of Related Group's projects were in financial strife as buyers, many of whom were speculators, refused to settle on their apartments or banks refused to grant home or property investment loans to the buyers. As a separate business, Pérez set up a hedge fund to buy distressed real estate. Before the financial crisis of 2007, Forbes pegged his wealth at $1.3 billion. As of March 2013, his wealth stood at 1.2 billion with a steady resurgence in Florida real estate prices.
Related Group had $2.1 billion in revenue in 2004, putting Pérez at the top of the Hispanic Business 500 during this period of time. He is an active Democratic fund raiser; he advised Bill Clinton on Cuba during his presidency and was an active fundraiser for the failed presidential campaign of Senator Hillary Clinton. In 2008, he also hosted and raised money for Barack Obama after he became the Democratic presidential nominee.
Pérez was an economic development director with the city of Miami before he entered the real estate business and became a developer. In 1979, he founded Related Group with New York builder Stephen M. Ross. Pérez built his fortune by building and operating low-income multifamily apartments across Miami. The firm became the largest affordable housing builder in Florida by the middle of the decade. He then branched off into rental apartments before becoming one of the most prolific high-rise condo builders in the Southern United States. Pérez has owned 50 condo towers in various stages of completion in South Florida, Fort Myers and Las Vegas. He has been called the "Donald Trump of the Tropics". During his career, Pérez has developed or managed more than 90,000 residences, most of which are located in South Florida. He has worked with many well-known designers, architects, and firms, including Philippe Starck, Cesar Pelli, Arquitectonica, David Rockwell, Rem Koolhaas and Karim Rashid.
Jorge M. Pérez (born October 17, 1949) is an Argentine American billionaire real estate developer, art collector, and philanthropist. He is best known as the chairman and CEO of The Related Group. He is ranked 316th on the Forbes 400 list with a net worth of US$ 2.6 billion as of October, 2018, and 1,833rd on Forbes Billionaires list with US$1.7 billion as of November, 2021.
Pérez was born October 17, 1949 in Buenos Aires, Argentina to Cuban parents of Spanish origin. He lived in Colombia before moving to Miami in 1968. His father was the head of a pharmaceutical company that was nationalized by the Cuban government. He has a bachelor's degree in economics from Long Island University C.W. Post Campus, and a master's degree in urban planning from the University of Michigan.