Richard LeFrak

Richard LeFrak Net Worth, Age, Family & Biography
$3.3 B Real Time Net Worth #324 in the world today

About Richard LeFrak

Richard S. LeFrak is an American very rich money manager. He serves as chairman and CEO of LeFrak, a privately held, family-run business in New York City that owns, develops, and manages real estate. He is a major landlord in the tri-state area of New York.

He served on Smith & Wollensky’s board of directors from 1995 until 2007. Before, he served on the leading group of legal administrators of Amherst School and Trinity School; was an individual from the New York State Banking Board; and held the position of director for BankUnited Florida.

Richard LeFrak
Trump(From left), Karen LeFrak, Melania Trump and Richard LeFrak at a New York City event in 2007

Richard LeFrak Education

Richard was born in 1945 to a Jewish family in New York City. LeFrak was one of four children of real estate developers Samuel J. LeFrak and Ethel Stone. LeFrak got a B.A. also, graduated cum laude from Amherst School. Additionally, LeFrak has a J.D. from Columbia University. LeFrak was awarded an honorary doctorate from Amherst College in 1998.

Richard LeFrak Career

In 1968, LeFrak joined his family’s LeFrak real estate company. He was made president in 1975. In 2003, he was chosen director and President following the passing of his dad, Samuel J. LeFrak. In 1986 LeFrak and his dad started working in Jersey City, New Jersey on the site of deserted wharves and rail yards. Newport, a 600-acre neighbourhood with 8 office buildings, 13 apartment towers, 2 hotels, an urban beach, schools, a shopping mall, and parks, is now the name of the area.

Richard LeFrak Facts

LeFrak manages the Richard S. furthermore, Karen LeFrak Magnanimous Establishment, a confidential cause whose mission incorporates the help of beneficent associations. LeFrak acquired a stake in a luxury mixed-use development in South Beach, Miami, in 2012, which included the Gansevoort Hotel. The eco-conscious 1 Hotel Homes are expected to open at the beginning of 2014.

Richard LeFrak
Karen LeFrak and Richard LeFrak attend as Lincoln Center and New York Philharmonic celebrate the opening of new David Geffen Hall with second Gala Concert and Dinner on October 28, 2022 in New York City. 

Richard LeFrak Net Worth

Richard LeFrak’s net worth was estimated to be approximately $3.5 billion USD in 2023, according to Forbes’ Real-Time Billionaires List.

Personal Information

Full Name Richard S. LeFrak
Father’s Name Samuel J. Lerank
Mother’s Name Ethel Stone
Siblings Francine Lefrak
Date Of Birth In 1945
Age Around 77-78 Years
Birth Place New York City, United States
Height Not Mention
Education Doctorate from Amherst College
Net Worth $3.3 Billion
Profession Businessman
Relationship Status Married
Richard LeFrak
Richard LeFrak, president and chief executive officer of LeFrak Organization Inc., speaks during the 2017 International Finance and Infrastructure Cooperation Forum in New York, U.S., on Monday, April 24, 2017.

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