Billionaire Profile
Jeff Greene
Global Rank
#361

Image: Public domain | via Wikimedia Commons

Jeff Greene

CEO, Greene Group
US
Real-Time Net Worth
$9B
As of December 2025
Age
70
Source
Real estate, investments
Industry
real-estate
Citizenship
US

Biography

Jeff Greene is an American real estate entrepreneur and investor with an estimated net worth of $9.0 billion as of 2024. His wealth stems primarily from real estate holdings and investments. Born in 1954, Greene has built a successful 40-year career in real estate with a portfolio of over a hundred buildings and custom homes. He is known for his strategic investments, including a significant bet against the subprime mortgage market during the 2008 financial crisis. Greene is also recognized for his philanthropic efforts through the Giving Pledge campaign.

Wealth Over Time

In-Depth Profile

Early Life and Education

Jeff Greene was born in Worcester, Massachusetts, in 1954, to a working-class Jewish family. His family later moved to Florida. He attended Johns Hopkins University, where he earned a B.A. in economics and sociology in just three years. Greene then went on to Harvard Business School, where he obtained his Master of Business Administration (MBA) degree in 1977.

Rise to Success

Greene's career in real estate began with the purchase of his first property, a three-family house, while at Harvard Business School. By the time he graduated, he had accumulated 18 properties. He moved to Los Angeles and started his first new construction project in 1984. A key moment in his career came during the 2008 financial crisis when he made a successful bet against the housing market by buying credit default swaps.

Key Business Strategies

Greene's strategy includes identifying undervalued properties and making strategic investments. He focuses on a hands-on approach to his investments, particularly in the multi-family sector in South Florida. He is known for his ability to identify and capitalize on market trends, including a significant investment in West Palm Beach.

Philanthropy

Jeff Greene and his wife, Mei Sze Chan, are committed to philanthropy. They have pledged the majority of their wealth to charitable causes through the Giving Pledge campaign. They are the founders of The Greene School in West Palm Beach, a PreK-8 school.

Career Milestones

1977

Earned MBA

Graduated from Harvard Business School with an MBA degree.

1984

First New Construction Project

Started his first new construction project in Los Angeles.

2008

Subprime Mortgage Bet

Made a significant profit betting against the housing market through credit default swaps.

2010

U.S. Senate Campaign

Ran unsuccessfully for U.S. Senate in Florida.

Philanthropy & Social Impact

Philanthropy

The Giving Pledge

$

Pledged the majority of their wealth to charitable causes through the Giving Pledge campaign.

Education

The Greene School

$

Founding and funding of The Greene School in West Palm Beach.

Business Philosophy & Leadership

Notable Quotes

"In real estate, you make 10% of your money because you're a genius and 90% because you catch a great wave."

"America's lifestyle expectations are far too high and need to be adjusted so we have less things and a smaller, better existence."