Ted Lerner’s net worth, biography, fact, career, awards and life story

Net Worth: $5.5 Billion
Date of Birth: Oct 15, 1925 (95 years old)
Gender: Male
Profession: Real estate development
Nationality: United States of America

Ted Lerner net worth: Ted Lerner is a businessman who has a net worth of $5.5 billion dollars. That makes Ted Lerner one of the richest people in Maryland. Born in the Washington, D.C. area, Ted Lerner went on to serve in the American Army during World War II. After returning to the United States, he graduated from George Washington University, and then from George Washington University Law School. He founded Lerner Enterprises in 1952. His wife loaned him $212 to start the real estate firm, which has grown into the largest private land ownership in the D.C. area. The company owns 750 home lots, another 7000 apartments, and over 20 million square feet of space spread out over a wide range of commercial and retail properties. Lerner Enterprises is continuing to add to their portfolio with multiple properties being developed in Tyson’s Corner and Dulles Town Center. Mr. Lerner is also the majority owner of the Washington Nationals, and part owner of the Mid-Atlantic Sports Network.

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Herbert Kohler, Jr. net worth: Herbert Kohler, Jr. is an American businessman who has a net worth of $5.7 billion dollars. Based in Kohler, Wisconsin, Herbert Kohler, Jr. graduated from Yale University, and became CEO and chairman of his family’s company, Kohler Co. in 1972. The company was founded by his grandfather in 1873, and was originally devoted to hitching post, farm tool, and cemetery ornament manufacture. It has gone on to become one of the most successful bathroom and kitchen fixture companies in the world. In addition to bathroom and kitchen products, the company also manufactures tile, engines, generators, and furniture. Mr. Kohler also owns two golf courses and resorts in Wisconsin. One of his courses hosted the Women’s US Open in 2012, and his other course, Whistling Straits, will host the 2020 Ryder’s Cup. Whistling Straits is slated to host the 2015 PGA Championship and has previously hosted the same tournament in 2004, 2010. Herb owns a third course and resort, called Old Course Hotel, in St. Andrews, Scotland.
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