Billionaire Profile
J
Global Rank
#3089

Image: Hopp, James F. | Public domain | via Wikimedia Commons

Jeffrey Soffer

CEO, Real estate
UNITED STATES
Real-Time Net Worth
$1.041B
Estimated based on Real estate stock value as of March 6, 2026
0% (24h)
Age
58
Source
Real estate
Industry
Diversified
Citizenship
UNITED STATES

Biography

Jeffrey Soffer is a prominent American real estate developer and entrepreneur with an estimated net worth of $1.0 billion as of February 2024. His wealth primarily stems from his leadership as Chairman and CEO of Fontainebleau Development, a major real estate development group specializing in large-scale projects within the hospitality, retail, residential, and commercial sectors. Soffer's career has been marked by significant achievements, including the transformation of the historic Fontainebleau Miami Beach resort into a leading luxury destination. His business acumen and vision have played a pivotal role in shaping the skylines of Miami and other areas, establishing him as a key figure in the real estate industry.

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

Wealth Over Time

In-Depth Profile

Early Life

Jeffrey Soffer was born in Miami, Florida, in December 1967. He is one of seven children of Donald Soffer, who developed the city of Aventura. Jeffrey's father, Donald Soffer, founded Turnberry Associates, a real estate development company. Growing up, Soffer was immersed in the world of real estate, which would later shape his career path.

Rise to Success

Soffer began his career working for his father's company, Turnberry Associates. He took charge of new condo developments. Over two decades, Soffer, alongside his sister Jackie, led the family real estate firm, Turnberry Associates. In 2019, Jeffrey Soffer launched Fontainebleau Development, bringing his interests under a new company. Soffer's leadership has been instrumental in the creation of numerous award-winning projects in South Florida, Nevada, and abroad. He spearheaded the $1 billion expansion of the Fontainebleau Miami Beach resort. In December 2023, the Fontainebleau Las Vegas opened, adding another landmark to his portfolio.

Key Business Strategies

Soffer's key business strategies include a focus on quality and creating exceptional guest experiences. His business principles include a vision for the big picture, a dedication to excellence, empowering his team, and taking smart risks. Soffer emphasizes the importance of family, integrity, and innovation within his ventures. He aims to transform ordinary projects into extraordinary ones, building communities and cultivating culture. He emphasizes the importance of innovation and adaptation in the hospitality industry.

Philanthropy

While specific amounts are not readily available, Jeffrey Soffer has been noted for supporting various charities and causes. Details on specific philanthropy initiatives require further research.

Career Milestones

1997

Turnberry Place

Proposed building high-rise condos in Las Vegas, generating over $1 billion in sales.

2005

Fontainebleau Miami Beach

Purchased for $325 million, redeveloped with $1 billion in renovations.

2019

Fontainebleau Development LLC

Launched a new company focusing on large-scale lifestyle developments.

2023

Fontainebleau Las Vegas

Opened to global accolades, a 67-story luxury resort and casino on the northern end of the Strip.

Business Philosophy & Leadership

Notable Quotes

"Relationships with family, friends and loved ones are, by far, the greatest source of inner satisfaction. If your job or career is damaging your personal relationships, both areas will ultimately suffer."

Leadership Principles

Vision

Be committed to the big picture to get others on board.

Team Empowerment

Give the team the freedom to make decisions, tackle problems, and lead with confidence.

Consistency

Be consistent and clear, while still pushing boundaries and staying true to your goals and values.

Innovation

Create what is extraordinary; don't be limited by what was done before but learn from the past and push to see what is possible.