| Name: | Rick Caruso |
| Net Worth: | $6 billion |
| Source of Wealth: | Caruso Affiliated Holdings |
| Born: | January 7, 1959 |
| Age: | |
| Country: | USA |
| Wife: | Tina Caruso |
| Children: | Greg Caruso, Justin Caruso, Gianna Caruso, Alex Caruso |
| Residence: | Brentwood, Los Angeles, USA |
| Private Jet: | Gulfstream G550 (N1759C) |
| Yacht | Invictus |
Born in January 1959, Rick Caruso has carved out an influential place in American real estate as a billionaire tycoon. With a far-reaching vision and an entrepreneurial spirit, he founded the real estate company, Caruso Affiliated Holdings. He is not just a businessman, but also a devoted family man, married to Tina, and the father of four children: Greg, Justin, Gianna, and Alex Caruso.
A well-known figure in academic and civic spheres, Rick has served as the chairman of the University of Southern California Board of Trustees. His contributions extend to the Los Angeles Police Commission, where he served as President, and in 1985, he was appointed as a commissioner for the Los Angeles Department of Water and Power. Rick is also an alumnus of the prestigious Pepperdine School of Law, a professional law school based in Malibu, California.
Caruso was founded in 1987 by Rick and has since grown into one of the largest privately-owned real estate companies in the United States. Initially a real estate lawyer, Rick transitioned into real estate development, pioneering the mixed-use destination concept, which combines retail and residential uses in one complex.
The flagship property of Caruso’s empire, The Grove, has become a symbol of his innovative retail vision. Ranked second on Fortune’s list of the highest sales-generating shopping centers in the country, The Grove sees more daily visitors than Disneyland and offers an immersive outdoor shopping experience.
Caruso’s other key developments include the Palisades Village, a boutique hub located in Pacific Palisades, Southern California, and the expansive Americana at Brand shopping, dining, and residential complex in Glendale, California.
During the intense wildfire season of 2025, real estate developer Rick Caruso employed private firefighting teams and specialized water trucks to safeguard his Brentwood home and nearby properties. These additional resources, provided by multiple private firefighting firms, supplemented public fire crews strained by the magnitude of the fires. Some of the firefighters were off-duty personnel from local departments, taking on private contracts for extra work.
As the owner of notable developments such as The Grove, the Americana at Brand, and Palisades Village, Caruso also deployed private firefighting units to protect his Palisades Village complex, which sustained damage but remains intact. This approach—though effective in preserving high-value real estate—raises questions about the growing reliance on private firefighting services and the disparities they can create in wildfire protection.
The Caruso family’s entrepreneurial lineage extends beyond Rick. His father, Henry Caruso, founded the Dollar Rent a Car in 1966, a successful car rental company that was eventually sold to Chrysler for approximately $80 million in 1990. His brother, Marc Caruso, is a Los Angeles music executive and CEO of Angry Mob Music, a diversified music company specializing in publishing, music rights management, and trailer music production.
With the flourishing of his real estate empire, Rick Caruso has amassed an estimated net worth of $6 billion.
Beyond his business pursuits, Rick, along with his family, is an active philanthropist. Through the Caruso Family Foundation, they support education and healthcare initiatives for at-risk children and their families, including backing organizations such as Para Los Niños, which provides high-quality early education services in Los Angeles, and Operation Progress, which empowers underserved youth to become educated, ethical, and productive adults.
https://caruso.com/about/our-
https://twitter.com/rickcarusola
https://en.wikipedia.org/wiki/RickCaruso
https://www.forbes.com/profile/rickcaruso
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Rick and his wife Tina Caruso live in a large house in Los Angeles. The property includes a large swimming pool and a tennis court. And also a basketball court and separate staff quarters.
Los Angeles, often known as the City of Angels, is a thriving metropolis and cultural hub located in southern California. A perfect blend of vibrant urban life and natural beauty, the city offers a world-class lifestyle that draws billionaires from all corners of the globe. With its high-end shopping districts like Rodeo Drive, opulent mansions in Beverly Hills, and a thriving entertainment industry, Los Angeles embodies luxury living.
The city’s moderate Mediterranean climate and proximity to beautiful beaches and scenic mountains make it an outdoor lover’s paradise. Furthermore, the city is a hub for technology and innovation, providing opportunities for networking and business growth, which is particularly appealing to billionaire entrepreneurs. Los Angeles also boasts a vibrant art scene and a diverse culinary landscape, further enhancing its appeal.
For philanthropically inclined billionaires, the city offers numerous opportunities to contribute and make a difference. Therefore, Los Angeles serves as an ideal home for billionaires, balancing business opportunities, luxury lifestyle, and natural beauty.
His motor yacht Invictus was built at Delta Marine in 2013. The boat can accommodate 12 guests and a crew of 18.
The Invictus Yacht, built by Delta Marine, has a value of $100 million and was delivered in 2013.
Powered by twin Caterpillar engines, the yacht can achieve a top speed of 16 knots and has a cruising range of 5,000 nautical miles.
Interiors, designed by Diane Johnson Design, include a cinema, gym, pool, elevator, and beach club, with accommodation for 12 guests and a crew of 18.
Caruso owns a Gulfstream G550 private jet. The jet has registration N1759C. It bears the Caruso Affiliate logo on its tail. 1759 refers to Caruso’s birthday (January 7, 1959).
A G550 has a list price of US$ 60 million. The aircraft can accommodate 14 guests. It can fly at Mach .85 speed. The jet was built in 2008.
The Gulfstream G550 is a long-range business jet that is manufactured by Gulfstream Aerospace, a subsidiary of General Dynamics. It is one of the most advanced and capable business jets on the market, known for its speed, comfort, and versatility.
The G550 has a range of 6,750 nautical miles (12,501 km), which allows it to fly non-stop on long-haul routes such as New York to Hong Kong. It is equipped with two Rolls-Royce engines and a spacious and luxurious cabin that can accommodate up to 19 passengers.
The G550 is known for its advanced avionics and flight deck, which provides the pilot with a high level of situational awareness and control. The aircraft is equipped with a suite of advanced navigation and communication systems, as well as a number of safety features, including an enhanced vision system, a traffic collision avoidance system, and an automatic dependent surveillance-broadcast (ADS-B) system.
In addition to its performance and capabilities, the G550 is also renowned for its comfort and luxury. The aircraft features a spacious and well-appointed cabin that is designed for maximum comfort and convenience. It is equipped with a range of amenities, including a full galley, a private lavatory, and a entertainment system.
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Super Yacht Owners Database 2025
