Martin Selig’s profile picture

Martin Selig

Martin Selig’s profile picture
Net worth 2018: $1.02 Billion
Industry: Real Estate
Residence: Seattle, Washington
Country: United States
BirthDay: 1936
Children: 3
Education: Bachelor of Arts / Science, University of Washington
BIOGRAPHY

Martin Selig was bornon 1936 in Seattle, Washington, United States. Martin Selig is #1960 in List Billionaires People In The World. Martin Selig escaped Nazi Germany with his family when he was three years old, starting them on a long trek of hiding and passing through Germany and Poland before Moscow, where they snuck onto the Trans Siberian Railroad. It let them off in Korea, where they found a place in steerage on a trans-pacific steamer going to San Francisco. It stopped in Seattle one day, unplanned, and his father told them they were getting off. Martin has been in Seattle ever since, and he's now one of the biggest property developers there. He jokes about why he got into real estate: "I didn't trust the stock market." He started off building shopping malls, and now has 4 million square of properties across the city, and another 1.5 million under development, including a big historic project turning the city's former federal reserve building into a glassy office high rise. The developer is also a painter and enjoys bicycling, riding his Harley motorcycle and skiing ("I skied 42 days last year. This year, I'm going for 50," he says). Married with three children, one daughter is in the family business, while another daughter is a producer with two films that debuted in 2015 at the Venice Film Festival, where Martin accompanied her.

NET WORTH STATISTIC
2016

$1.1 Billion

2017

$1 Billion

2018

$1.02 Billion

TIMELINE
2015

In October 2015, he owned 4 million square feet of office space in Seattle, and his estimated net worth was $1

2012

His daughter, Lauren Selig, now a Hollywood executive producer, was married to the Russian-born American Kyril Faenov, head of Microsoft's High Performance Computing Lab, until his suicide in 2012

1995

He was married to Andrea Selig; they divorced in 1995

1985

He built the Columbia Center in 1985, still the city's tallest building, and sold it in 1989 for $354 million

1980

Since then, he has built mostly tall buildings in Seattle, including two blocks on Fifth Avenue known as Fifth & Jackson and Fifth & Yesler, and by the 1980s owned nearly one-third of Seattle's office space, with Forbes estimating his 1987 net worth at US$ 270 million

1962

Selig worked for his father in his children's clothing store before building his first shopping centre in 1962

1939

In 1939 Manfred was warned by a neighbour "that the Nazis had labeled him an undesirable"

1936

Martin Selig (born 1936/1937) is a German-born American billionaire property developer, particularly known for his work in Seattle, especially for building the Columbia Center, the tallest building in the city

1902

Martin Selig was born to a Jewish family in Germany, the son of Manfred Selig (1902-1992), who was born in Buchen, Germany, the son of a horse-trader

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