#1084

Allan Goldman

United States 83 years old

Overview

Source of Wealth
real estate
Industry
Real Estate
Residence
Children
4

Biography

Allan Goldman co-chairs America's most valuable family-run real estate portfolio with his younger sister Jane.

The two took over the business' leadership when their father Sol, a legendary real estate investor, died in 1987.

Their Solil Management owns at least 400 properties across New York City, from retail and office space near Madison Avenue to uptown co-ops.

Several years ago, Allan stepped back from overseeing Solil Management on a day-to-day basis due to health issues.

About

Sol started buying up foreclosed properties for bargain prices in the 1950s. His trademark was all-cash deals whenever possible.

Today, each of Sol's four children have an equal 25% stake.