Igor Olenicoff
Overview
- Source of Wealth
- Real estate
- Industry
- Real Estate
- Residence
- Lighthouse Point, Florida
- Education
- University of Southern California (Bachelor of Arts/Science)University of Southern California (Master of Business Administration)University of Southern California (Master of Science)
- Marital Status
- Married
- Children
- 2
Biography
Igor Olenicoff was born in Iran, where his tzarist-connected parents had moved to escape the Soviet Revolution. He moved to the U.S. at age 15 and eventually built up a substantial real estate empire.
His Olen Properties owns more than 8 million square feet of office space and over 17,000 residential units in California and seven other U.S. states.
Olenicoff's daughter and heir-apparent, Natalia Ostensen, assists in running the day-to-day operations.
In 2007, Olenicoff pleaded guilty to lying on his tax return about keeping $200 million in offshore accounts, and agreed to pay $52 million in back taxes and fraud penalties.
About
Olenicoff grew up in Iran and attended an American missionary school there.
When his family arrived in the U.S. in 1957, they had 4 suitcases and $800.