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Billionaire Profile
Edward Roski Jr
Global Rank
#487

Edward Roski Jr

CEO, Real estate
Los Angeles, California
Real-Time Net Worth
$8.14B
Estimated based on Real estate stock value as of September 10, 2026
0% (24h)
Age
87
Source
Real estate
Industry
Diversified
Citizenship
United States

Biography

Edward Roski Jr. is a prominent American businessman and philanthropist, best known as the chairman and president of Majestic Realty Co., one of the largest privately held real estate developers in the United States. With a net worth of $7.2 billion as of March 25, 2026, Roski's source of wealth is primarily real estate. His career has been marked by his leadership in the real estate industry and his significant contributions to the development of commercial properties. Beyond his business success, Roski is recognized for his philanthropy and adventurous spirit, including a decorated military career.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$8.14B
2025$7.20B
2024$7.20B
2023$7.00B
2021$5.50B

Portfolio Holdings

Los Angeles Lakers

Los Angeles Lakers

sports
$300M
Holdings Value
Ownership
3%
El Segundo, California
201-500 employees
Founded 1947
Los Angeles Kings

Los Angeles Kings

Professional Sports
$139M
Holdings Value
Ownership
10%
Market Cap
$1.39B
Los Angeles, CA

In-Depth Profile

Early Life and Education

Edward P. Roski Jr. was born in Oklahoma in 1938. His family later moved to Southern California, where his father, Ed Roski Sr., founded Majestic Realty in 1948. Roski Jr. attended Loyola High School in Los Angeles and graduated from the University of Southern California (USC) in 1962 with a bachelor's degree in real estate and finance.

Rise to Success

After graduating from USC, Roski served in the United States Marine Corps from 1962 to 1966, earning a Bronze Star and two Purple Hearts for his service in the Vietnam War. He joined Majestic Realty in 1966, eventually becoming its president and chairman. Under his leadership, Majestic Realty has grown into a major player in the real estate sector, with a portfolio of over 92 million square feet of industrial, office, retail, and hospitality space. Key projects include the Crypto.com Arena (formerly Staples Center) in Los Angeles.

Key Business Strategies

Roski's business strategy has focused on long-term investments and a fully integrated approach to real estate development, including land acquisition, master planning, construction, and property management. Majestic Realty emphasizes community partnerships and a commitment to quality in its projects. Roski has expanded the company's portfolio to include diverse property types and has overseen expansion across the United States.

Philanthropy

Roski is actively involved in philanthropy. He established the Majestic Realty Foundation in 2002, which focuses on youth, family, education, health, and violence prevention. He and his wife, Gayle, have made significant donations to USC, including a $25 million gift to endow the Gayle and Edward Roski Eye Institute at the Keck School of Medicine. Roski also co-founded the Land of the Free Foundation, which supports veterans and their families.

Career Milestones

1948

Majestic Realty Founded

Ed Roski Sr. founded Majestic Realty, laying the groundwork for the future expansion under Edward Roski Jr.

1962

Graduation from USC

Roski graduated from the University of Southern California with a degree in finance and real estate.

1962-1966

U.S. Marine Corps Service

Served as an officer in the United States Marine Corps, earning a Bronze Star and two Purple Hearts during the Vietnam War.

1966

Joined Majestic Realty

Began his career at Majestic Realty, the company founded by his father.

1994

President of Majestic Realty

Became President of Majestic Realty Co.

1995

Minority Owner, LA Kings

Became a minority owner of the Los Angeles Kings.

1998

Minority Owner, LA Lakers

Became a minority owner of the Los Angeles Lakers.

2002

Majestic Realty Foundation

Established the Majestic Realty Foundation to support various community initiatives.

2007

Land of the Free Foundation

Co-founded the Land of the Free Foundation to support U.S. military veterans and their families.

2016

USC Eye Institute Donation

He and his wife donated $25 million to endow the Gayle and Edward Roski Eye Institute at USC.

Philanthropy & Social Impact

Community Outreach

Majestic Realty Foundation

$2M+

Focuses on youth, family, education, health, and violence prevention.

Veteran Support

Land of the Free Foundation

$15M+

Supports veterans and their families.

Education and Health

USC Roski Eye Institute

$25M

Endowment at the Keck School of Medicine of USC.

Education

USC Roski School of Art and Design

$23M

Donation for its fine arts school.

Business Philosophy & Leadership

Notable Quotes

"No notable quotes found."

Leadership Principles

Long-Term Vision

Focusing on sustainable development and long-term investments in communities.

Community Partnership

Building strong relationships within the communities where Majestic Realty operates.

Integrity

Conducting business with honesty and transparency.

Controversies & Challenges

No Current Controversies

No significant controversies found in the provided search results.

Billionaires Connected to Edward Roski Jr

Peers in Diversified

All Diversified billionaires

Richest in United States

All billionaires from United States

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Edward Roski Jr's net worth in 2026?
As of 2026, Edward Roski Jr's estimated net worth is $8.135 billion, ranking #487 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Edward Roski Jr make their money?
Edward Roski Jr's wealth primarily comes from Real estate, most notably through Real estate.
Where is Edward Roski Jr from?
Edward Roski Jr is from United States.
How old is Edward Roski Jr?
Edward Roski Jr is 87 years old.

Sources & References

  1. Edward Roski Jr — Forbes profile Forbes