David Walentas’s profile picture

David Walentas

David Walentas’s profile picture
Net worth 2018: $2.1 Billion
Industry: Real Estate
Residence: New York, New York
Country: United States
BirthDay: 1938
BIOGRAPHY

David Walentas was bornon 1938 in New York, New York, United States. David Walentas is #1152 in List Billionaires People In The World. David Walentas founded Two Trees Management, which is best known for transforming Brooklyn Neighborhoods Dumbo and Williamsburg. Walentas owns 20 properties across Dumbo, Brooklyn Heights, Williamsburg, and Manhattan. In the late 1970s he borrowed $12 million to buy 2 million square feet of old industrial buildings in an unpopular part of Brooklyn. It became Dumbo. He acquired the Domino Sugar refinery's 11 acres for $185.5 million in 2012 and is turning it into a big complex. The first tower opened in July 2017. Walentas, a passionate polo player, works closely with his son Jed, who became CEO of Two Trees in 2011.

NET WORTH STATISTIC
2014

$1.7 Billion

2015

$2 Billion

2016

$2 Billion

2017

$2 Billion

2018

$2.1 Billion

TIMELINE
1938

David Walentas (born 1938) is an American billionaire real estate developer

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