Igor Olenicoff

Early Life

Igor Olenicoff was born in Moscow, Russia in 1942. His family, fleeing the aftermath of the Soviet Revolution, moved to Northern Iran before immigrating to the United States when he was 15 years old. In the U.S., his family started with very little. He began working at a hardware store to support himself.

Rise to Success

Olenicoff's career began after completing his education at the University of Southern California, where he earned degrees in corporate finance, mathematics, and an MBA. He initially worked as a consultant and corporate executive. In 1973, he founded Olen Properties, purchasing a 16-unit duplex as his initial real estate investment. Olenicoff expanded the firm through a methodical growth strategy.

Key Business Strategies

Olen Properties has grown to own and manage a significant portfolio of properties. His holdings include over 8 million square feet of commercial office and flex space, and over 17,000 residential units across several states. Olenicoff's investment strategy includes a tech-heavy stock portfolio. He maintains a conservative financial approach by keeping most properties debt-free.

Philanthropy

Igor Olenicoff is involved in philanthropy through the Andrei Olenicoff Memorial Foundation, which focuses on eye health and the cure for blindness, in memory of his late son.