2 billion, making him number 66 on the 2017 Forbes 400 list
” Forbes, in its 2015 edition of, "The 400 Richest Americans", ranked Bren as the wealthiest real estate developer in the US and 30th "Richest American" with an estimated net worth of $15
" In 2014 he was named on OC Register's list of the 100 most influential people in Orange County
In 2011 the Urban Land Institute awarded Bren its first Vanguard Award, calling him "one of the most consequential developers in American history
Recently, Bren completed his pledge to set aside more than 50,000 acres of the original 93,000 acre ranch as open space by designating 20,000 acres (81 km2) to Orange County, California, as an open-space and parklands gift in June 2010
”In March 2009, he was ranked 9th in The (London) Sunday Times' "Green Rich List"—a list of the 100 wealthiest people who have either invested in green technology/businesses or made large contributions to environmental causes
” In 2008, the state of California also designated the land as the first California Natural Landmark because of the land’s ecological value
He was elected a Fellow with the American Academy of Arts & Sciences in 2007 in the category of Business, Corporate and Philanthropic Leadership
" In 2006 the Los Angeles Times named Bren as both the most powerful and wealthiest person in Southern California, and the Orange County Business Journal named him “Businessperson of the Year” based on the company’s office expansion, new building construction, and Bren being recognized for his conservation efforts by the federal government
" OC Weekly described Bren in 2005 as "one of the nation's least public billionaires", who guards his privacy "jealously"
In 2004 Bren received the University of California Presidential Medal, the University’s highest honor, because of his financial support throughout the years which at the time was more than $43 million
The Foundation also presented Bren with its most prestigious award in 2003, the General Leonard F
Bren first donated to this organization in 2001 with a contribution that helped the after-school program expand its services to 40 schools in the Santa Ana district
This contribution is in addition to the $25 million that Bren provided to Irvine schools in 2000
”In 1998, Bren received the Marine Corps University Foundation’s Semper Fidelis Award, which recognizes a distinguished American leader whose commitment to personal and professional excellence embodies those qualities of leadership and character uniquely associated with the United States Marine Corps
By 1996, he had bought out all outstanding shares to become the sole owner
By 1983, he was the majority owner of the firm and was elected chairman of the board
Bren took the proceeds and in 1977 joined a group of investors to purchase the 146-year-old Irvine Company
for $34 million in 1970, and then sold it back to Bren for $22 million in 1972 following the recession
He began his business career in 1958 when he founded the Bren Company, which built homes in Orange County, California
He tried out for the 1956 Olympic ski team but did not qualify following an injury
His mother remarried in 1953 to steel business man Earle M
Bren's father remarried in 1948 to Academy Award-winning actress Claire Trevor
Donald Leroy Bren (born May 11, 1932) is an American businessman who is Chairman and sole owner of the Irvine Company, a US real estate investment company
Chapman Medallion named in honor of the 24th Commandant of the United States Marine Corps
In 1971, he moved to Studio apartment in Manhattan, New York and became involved with larger building projects. In the following year, he finalized first multi-million dollar real estate transaction with the sale of Swifton village in Cincinnati, Ohio.
In 1985, he bought Mar-a-lago estate in Palm beach, Florida and renovated the Barbizon hotel and 100 Central Park South.
In 1988, he bought the Plaza Hotel in New York City.
In 1989, he bought a fleet of Boeing 727 airplanes to form Trump air shuttle service. Unfortunately a helicopter crash killed three Trump casino executives which lead to big issue.
By 1989, poor business decisions left him unable to meet loan payments but he somehow financed the construction of his third casino, the $1 million Taj Mahal, with high-interest junk bonds. The increasing debt soon brought him to business bankruptcy.
In 1990, he regained his previous stable financial position and fame and opened the Trump Taj Mahal casino in Atlantic City. Soon he gained approval for Riverside south development of West Side rail yards.
In 1996, he got the ownership of Miss Universe Organization which produces the Miss Universe, Miss USA, and Miss Tean USA pageants.
In 2003, he became joint partner with the National Broadcasting Company (NBC) where he became the executive producer and host of the NBC reality show, ‘The Apprentice’ which became a huge success. Following its success, he co-produced a show, ‘The Celebrity Apprentice’ along with British TV producer Mark Burnett.
On October 21, 2004, Trump Hotels and Casino & Resorts declared a restructuring of its debt which led to a reduction in his individual ownership from 56 percent to 27 percent. The company applied for Chapter 11 Protection in November and soon the company re-emerged from bankruptcy as ‘Trump Entertainment Resorts Holdings’.