Who is George Argyros?
George Argyros, a prominent figure in the realms of business and philanthropy, founded the diversified real estate and investment company, Arnel & Affiliates. Born in February 1937, Argyros, with his wife Julia, has three children (Stephanie Argyros, George Jr Argyros, and Lisa Argyros).
Key Takeaways:
- George Argyros is a notable figure in real estate and investment, having founded Arnel & Affiliates.
- Argyros has served as the United States Ambassador to Spain from 2001 to 2004.
- With an estimated net worth of $2.5 billion, Argyros is one of the wealthiest individuals in the US.
- Argyros and his wife Julia have made significant philanthropic contributions, including donations to educational institutions and arts centers.
Contributions to the Academic World
Argyros is an active member of the board of trustees of the renowned California Institute of Technology. In the sports domain, he has owned the Seattle Mariners baseball team.
The Success Story of Arnel & Affiliates
Arnel & Affiliates is primarily operational in Southern California (Orange County). The privately-owned company boasts ownership of over 5,000 apartments and over 2 million square feet of commercial real estate. Arnel Office owns several business centers, including the Metro Pointe Business Center and the Puente Hills Business Center. Argyros is also a Founding Partner in Westar Capital, a private investment firm.
Ambassadorship and Political Influence
From 2001 to 2004, Argyros served as the United States Ambassador to Spain. This position was reportedly a political reward by President George Bush for Argyros’ fundraising efforts for the Republican Party.
Net Worth of George Argyros
Argyros’ significant contributions to the business world reflect in his substantial net worth, estimated at $2.5 billion.
A Heart for Philanthropy
Along with his wife Julia Argyros, George is a dedicated philanthropist. Their substantial donations include a US$ 13.5 million gift to the Segerstrom Center for the Arts in Costa Mesa, Orange County. They also contributed significantly to the establishment of the Argyros School of Business and Economics. Their $8 million donation to Chapman University in 2012 led to the construction of the Julianne Argyros Orchestra Hall. The Argyros family has also generously supported the Orange County School of Arts and the South Coast Repertory.
Resources
http://www.arneloffice.com/
https://en.wikipedia.org/wiki/GeorgeArgyros
https://www.forbes.com/profile/georgeargyros/
https://www.chapman.edu/business/about-georgeargyros.aspx
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