Jeff Greene: From Rags to Riches
Jeff Greene is an American billionaire, entrepreneur, and real estate developer. He is known for his diverse business portfolio that includes real estate, hedge funds, yacht leasing, and political activism. He is the founder of The Greene Institute, a non-profit research organization that focuses on national and international issues. Jeff Greene is listed on Forbes’ “The World’s Billionaires” list with a net worth of $3.5 billion, as of 2021.
Early Life and Education
Jeff Greene was born in Worcester, Massachusetts, in 1954 to a middle-class family. His father was a textile machinery salesman, and his mother was a homemaker. Greene’s parents had financial struggles, and they moved frequently during his childhood. Jeff Greene attended Johns Hopkins University as an undergraduate, where he studied economics, and then earned an MBA from Harvard Business School.
Career and Achievements
Jeff Greene began his career as a real estate developer in Los Angeles in the early 1980s. In the early years, he struggled to make ends meet and slept in his car for a time. However, he eventually found success in the real estate industry, and by the mid-2000s, he was a billionaire.
In addition to his real estate ventures, Jeff Greene has made his fortune through his hedge fund, served as a senior adviser for John Kerry’s presidential campaign, ran for the U.S. Senate, and owns luxury yachts that he leases to wealthy clients. He has also been involved in various philanthropic efforts, including launching The Greene Institute, which aims to find solutions to global challenges through interdisciplinary research and education.
Jeff Greene is married to Mei Sze, a Malaysian-born entrepreneur and former actress. They have two children and split their time between their homes in Palm Beach, Florida, and Beverly Hills, California. Despite his immense wealth, Jeff Greene is known for living a relatively low-key lifestyle and has been vocal about his support for progressive political causes.
|Born||December 10, 1954|
|Sector||Real estate, Hedge funds, Yacht leasing|
|Companies||The Greene Institute|
|Net Worth||$3.5 billion|
|Forbes URL href||https://www.forbes.com/profile/jeff-greene|