What is Ben Ashkenazy's Net Worth?
Ben Ashkenazy, an influential Israeli American real estate developer, boasts a remarkable net worth of $4 billion. Born in Israel and now residing in New York, he is the esteemed founder, CEO, and majority owner of Ashkenazy Acquisition Corporation, a company celebrated for its impressive $12 billion property portfolio. Ashkenazy's foray into real estate began at the tender age of 17 when he purchased his very first property. By 1987, he had established Ashkenazy Acquisition Corporation.
Significant Acquisitions
Under Ashkenazy's visionary leadership, the corporation has made notable acquisitions. In 2013, they purchased London's historical Old Spitalfields Market, followed by a similar high-profile transaction in 2017 when they acquired the prestigious Grosvenor House Hotel for approximately $750 million. The corporation's notable properties also include Washington DC's Union Station and Boston's Faneuil Hall Marketplace. Furthermore, Ashkenazy Acquisition Corporation holds a significant $70 million stake in New York's iconic Plaza Hotel.
Personal Life
In his personal life, Ben Ashkenazy is known for his philanthropic endeavors and luxuriant lifestyle. He resides on Fifth Avenue in New York City with his wife and three children. Demonstrating his deep affection for family, he famously hired the rapper Drake to perform at his daughter's bat mitzvah, signifying his ability to blend celebrity culture with personal milestones.
