5 Wealthiest Californians Who Made Their Money from Real Estate

We wanted to put together a relevant list of the richest people who created their wealth through real estate in the golden state. Of course, we all know Larry Ellison and Mark Zuckerberg are the top two wealthiest in the state overall with a net worth of $47.2 Billion and $34.5 Billion respectively (as of Oct 22, 2014).

These one-percenters are likely to live in one or several expensive California zip codes. The following is simply a list of those in the ever dynamic and exciting real estate industry.

No.1 Donald Bren
Net Worth: $15.3 Billion
Chairman of the Irvine Company
Source of Wealth: Real Estate
No. 2 John A. Sobrato & Family
Net Worth: $4.6 Billion
Founder & Chairman of Sobrato Development Companies
Source of Wealth: Real Estate
No. 3 Edward Roski Jr.
Net Worth: $3.5 Billion
President and Chairman of Majestic Realty, Co.
Source of Wealth: Real Estate
No. 4 Donald Sterling
Net Worth: $2.8 Billion
Source of Wealth: Real Estate
No.5 John Arrillaga
Net Worth: $2.2 Billion
Source of Wealth: Real Estate

Many of these successful investors have some shared characteristics that pushed them to a life surrounded by wealth. They had to start somewhere and real estate was one way to do that. Perhaps one way is to consider flipping homes in the golden state.