Billionaire Profile
E
Global Rank
#528

Image: Unknown Author | Public domain | via Wikimedia Commons

Edward Roski Jr

CEO, Real estate
UNITED STATES
Real-Time Net Worth
$7.227B
Estimated based on Real estate stock value as of March 6, 2026
0% (24h)
Age
87
Source
Real estate
Industry
Diversified
Citizenship
UNITED STATES

Biography

Edward Roski Jr. is an American businessman and philanthropist, best known for his significant contributions to the real estate industry. As the Chairman and President of Majestic Realty Co., he has overseen the development of over 92 million square feet of industrial real estate across the country. His net worth is estimated at $7.8 billion as of February 2, 2026. Roski's career in real estate began in 1966 when he joined Majestic Realty Co., which was founded by his father in 1948. Beyond his real estate ventures, Roski is a part owner of the Los Angeles Lakers and Los Angeles Kings. He is also recognized for his philanthropic efforts, including substantial donations to the University of Southern California and support for veteran causes.

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

Wealth Over Time

In-Depth Profile

Early Life

Edward P. Roski Jr. was born in Oklahoma in 1938 and raised in Southern California. He attended Loyola High School in Los Angeles and graduated from the University of Southern California in 1962 with a Bachelor of Science degree in Finance and Real Estate.

Rise to Success

Roski joined Majestic Realty Co. in 1966, the company founded by his father. His leadership helped grow Majestic Realty into one of the largest privately held real estate development companies in the United States, with a diverse portfolio including industrial, office, retail, and entertainment properties. He also played a key role in the development of the Staples Center.

Key Business Strategies

Roski's key business strategy involves strategic expansion and diversification. His company owns and operates over 400 buildings, with a portfolio spanning over 90 million square feet of real estate across the country. The company has expanded into various property types, including office and retail spaces, as well as sports and entertainment venues.

Philanthropy

Edward Roski Jr. is well-known for his philanthropic activities, mainly through the Majestic Realty Foundation, established in 2002. He and his late wife, Gayle, donated $25 million to the University of Southern California, resulting in the naming of the Gayle and Edward Roski Eye Institute. Roski also co-founded the Land of the Free Foundation in 2007, contributing over $15 million to organizations assisting U.S. veterans and their families.

Career Milestones

1966

Joined Majestic Realty Co.

Began his career at the company founded by his father, helping to build it into a leading real estate developer.

1994

Became President of Majestic Realty Co.

Took on the role of President, and helped expand the company’s portfolio.

2002

Established the Majestic Realty Foundation

Founded a community outreach program focused on youth, family, education, health, and violence prevention.

2007

Co-founded the Land of the Free Foundation

Founded a foundation to support veterans and their families.

2016

Donated $25 million to USC

Donated, along with his wife, to the eye institute at the Keck School of Medicine of USC.

Philanthropy & Social Impact

Education, Health, and Community Outreach

Majestic Realty Foundation

$2M+

Supports youth, family, education, health, and violence prevention through grants.

Veteran Support

Land of the Free Foundation

$15M+

Contributes to organizations serving veterans of the U.S. Armed Forces and their families.

Education and Health

Gayle and Edward Roski Eye Institute

$25M

Donation to endow an eye institute at the University of Southern California.