How rich is Donald Bren?
Donald Bren Net Worth:
|Birth date:||May 11, 1932|
|Birth place:||Los Angeles, California, United States|
|Education:||University of Washington|
|Spouse:||Brigitte Bren (m. 1998), Mardelle Bren (m. 1977), Diane Bren|
|Children:||Steve Bren, Carey Bren, Ashley Bren|
|Parents:||Marion Jorgensen, Milton H. Bren|
Donald Bren net worth, wiki & biography:
American businessman Donald L. Bren has an estimated net worth of $14 billion. He currently serves as the Chairman of the Board and one owner of Irvine Company, a property investment company currently based in the U.S.
Donald Bren Net Worth $14 Billion
Donald Bren was born on May 11, 1932 inLos Angeles, California. He’s a graduation of University of Washington with a diploma in economics and business administration. He currently lives in Newport Beach, California with his wife Brigitte. He has three children named Ashley, Carey and Steve.
It was in 1958 when he founded Bren business which specialized on building houses in Orange County California. Five years later, he founded Mission Viejo Company (MVC) along with two others. He served as the company’s president in the time of its own founding until 1967. In 1970, Bren Company was purchased by International Paper for $34 million. When the downturn hit two years later, Donald Bren re-acquired the company for only $22 million.
Owning 34% of the firm’s stocks, Bren became the largest shareholder and he was given the Vice Chair title in the board. With Bren’s billion net worth, Donald Bren was named by Forbes as the wealthiest real estate developer in the U.S.