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Andre Balazs Net Worth, Biography & Wiki 2017
André Tomes Balazs, better known under the name André Balazs, is one of the multi-millionaires in the accommodation industry in the United States. Recently, it has been announced that the net worth of André Balazs is as high as 450 million dollars. Andre has earned such a net worth as an entrepreneur, real estate developer and hotelier. He is well known as the owner of hotels in United States and residences in New York City. In addition to this, he is the CEO and president of André Balazs Properties which is the main source of Balazs net worth.
Andre Balazs Net Worth $450 Million
André Tomes Balazs was born January 31, 1957 in Budapest, Hungary. André Tomes was raised in Cambridge, Massachusetts. André studied humanities and graduated from Cornell University but later he changed his mind and graduated from Columbia University with a master’s degree in journalism and business.
André Tomes Balazs is considered to be one of the the most successful and wealthiest hotel magnates in the world. The main source of André Balazs income and net worth is the company named André Balazs Properties. It was founded in 1990 and began with only one hotel, Chateau Marmont Hotel in Hollywood. The company expand rapidly, as the CEO was buying one hotel after another. Currently, the company owns two main groups of hotels, luxurious and standard hotel groups. The luxurious hotels group includes top rated hotels such as The Sunset Beach on Shelter Island, Chateau Marmont in Hollywood and The Mercer Hotel in New York City. The group of standard hotels comprises the following hotels located in United States: The Standard East Village, The Standard High Line Meatpacking District, The Standard Spa Miami Beach, The Standard Downtown LA and The Standard Hollywood. He pays great attention to the style of his hotels, and restaurants located at the hotels are supervised very strictly.
Moreover, André adds to his net worth as the owner of residential properties. GQ magazine has titled Balazs one of the ten most stylish men in 2009. The New York Academy of Art has named Balazs the founding trustee. He also belongs to directors’ board of Wolfsonian-FIU and the New York Public Theater. In addition to this, he is a winner of the Cooper-Hewitt National Design Museum Design Patron Award which has also added to his popularity.
In addition to being a very wealthy and respectable businessman, he is also a very handsome and currently single man. It is expected that the net worth of André Balazs will rise in the future as the company he owns is very stable and profitable.
In 1985, André Balazs married the CEO of Ford models, Katie Ford. However, the couple divorced in 2004. Together, they have two children. It has been reported that Balazs has had a long term relationship with Uma Thurman but after three years spent together the couple split up. It has been reported that Balazs is single now.