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Jerry Speyer Net Worth, Biography & Wiki 2017
Jerry I. Speyer was born on the 23rd June 1940, in Milwaukee, Wisconsin USA, of German-Jewish descent through his father, and Swiss though his mother. He is known as a real estate developer, a founding partner of the New York-based real estate company Tishman Speyer, the owners of the Chrysler Building and the Rockefeller Centre. Speyer has been active in the real estate business since 1964.
How much is the net worth of Jerry Speyer? It has been calculated by authoritative sources that the outright size of his wealth is as much as $4 billion, as of the data presented in the middle of 2017. Real estate is the main source of Speyer’s fortune.
Jerry Speyer Net Worth $4 Billion
To begin with, the boy was raised on Riverside Drive, and educated at the private Horace Mann School. Speyer then studied German literature at Columbia University, obtaining his Bachelor’s degree in 1962, then his Master’s degree at the Columbia Business School in 1964.
Concerning his professional career, he began in 1964 as an assistant to the Vice President of Madison Square Garden. He has subsequently served as the President and CEO since the founding of Tishman Speyer in 1978, one of the largest developers, owners and managers in the real estate field in the world – the company manages a real estate portfolio of more than seven million square meters in major cities in the US, Europe, Latin America and Asia. Tishman Speyer’s properties include the prestigious New York construction of the Rockefeller Center, Chrysler Building, Lipstick Building, the New York Times headquarters on West 43rd Street and the City Spire Centre. Worldwide, mentioned should be made of the MesseTurm in Frankfurt, the Sony Centre in Berlin and Sao Paulo’s North Tower. Since 2005, Tishman has participated 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 purchase 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 a director and member of the Executive Committee of the Federal Reserve Bank of New York, Vice-Chairman of the New York Presbyterian Hospital, Rand Corporation and Chairman of the Executive Committee, President Emeritus of Columbia University, President Emeritus of the New York. Additionally he is also Vice-President of the Museum of Modern Art and President Emeritus of the fluent Partnership for New York City, founded by David Rockefeller. Speyer among others sits on the Board of Directors of Carnegie Hall, Siemens AG and the Real Estate Roundtable. He is a member of the Economic Club of New York and of the Foreign Relations Council.
To conclude, all the above mentioned engagements have added huge sums to the total size of Jerry Speyer’s net worth.
Finally, in the personal life of the real estate developer, Jerry married Lynn Tishman in 1964. The family has three children but divorced in 1987. In 1991, Jerry Speyer married Katherine G. Farley with whom he has fathered a daughter.