Billionaire Profile
Donald Sterling
Global Rank
#956

Image: Michael Saechang | CC BY-SA 2.0 | via Wikimedia Commons

Donald Sterling

CEO, Real estate
UNITED STATES
Real-Time Net Worth
$4.368B
Estimated based on Real estate stock value as of March 6, 2026
0% (24h)
Age
91
Source
Real estate
Industry
Diversified
Citizenship
UNITED STATES

Biography

Donald Sterling is an American real estate magnate and former attorney. Born in Chicago, Illinois, in 1934, Sterling built a vast fortune primarily through acquiring apartment buildings in Los Angeles. He transitioned from a career in law to focus on real estate, amassing a substantial portfolio of properties and becoming a billionaire. Sterling is also known for his controversial ownership of the Los Angeles Clippers NBA team from 1981 to 2014. In 2024, his estimated net worth is $4 billion. He currently resides in Beverly Hills, California, with his wife Shelly.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Donald Samuel Tokowitz, later known as Donald Sterling, was born on April 26, 1934, in Chicago, Illinois, to Ashkenazi Jewish immigrants. At the age of two, his family moved to Los Angeles, California, where he grew up in the Boyle Heights neighborhood. He attended Theodore Roosevelt High School, where he was active in the gymnastics team and served as class president, graduating in 1952. He pursued higher education at California State University, Los Angeles, and later earned a law degree from Southwestern University School of Law in 1960.

Rise to Success

Sterling began his professional career in 1961 as a divorce and personal injury attorney. However, his interest soon shifted to real estate. He purchased a 26-unit apartment building in Beverly Hills, which marked the beginning of his significant real estate ventures. Over the years, Sterling acquired numerous properties across Los Angeles, including the Sterling Towers and Sterling Plaza. He built his wealth by buying apartment buildings.

Key Business Strategies

Sterling's business strategy centered on acquiring and managing real estate properties, particularly apartment buildings. He was known for buying properties in the Los Angeles area. He later owned over 160 apartment buildings in the city. He was known for acquiring properties and later selling them for a profit.

Philanthropy

There is no significant information on Sterling's philanthropy, however, it is known that UCLA rejected his $3 million pledge to support basic kidney research at the school's division of nephrology after his racist remarks.

Career Milestones

1961

Began legal career

Started as a divorce and personal injury attorney.

1981

Purchased the San Diego Clippers

Bought the NBA team for $12.5 million.

2014

Banned from the NBA

Received a lifetime ban from the NBA and was fined $2.5 million.

Controversies & Challenges

2014

Racist Remarks and Ban

Made racist comments that were made public, leading to a lifetime ban from the NBA and the forced sale of the Clippers.