MORTIMER ZUCKERMAN • Net Worth $2.8 Billion • House • Yacht • Private Jet • Boston Properties

Name:Mortimer Zuckerman
Net Worth:US$ 2.8 billion
Source of Wealth:Boston Properties
Born:June 4, 1937
Wife:Marla Prather (divorced)
Children:Abigail, Renée Esther
Residence:East Hampton
Private Jet:(N10MZ) Gulfstream G550
Yacht:Lazy Z

The Life of Mortimer Zuckerman: A Snapshot

Mortimer Zuckerman, a Canadian-born billionaire, was born in 1937 and built an extensive business empire across various sectors. Despite his professional commitments, Zuckerman managed to nurture a beautiful family with his ex-wife, Marla, and together they raised two children.

Key Takeaways:

  • Mortimer Zuckerman is a Canadian-born billionaire with a diverse business portfolio.
  • He owns the U.S. News & World Report, and is a co-founder of Boston Properties.
  • Zuckerman’s net worth is estimated to be around US$ 2.8 billion.
  • He is a renowned philanthropist, with contributions leading to the formation of the Zuckerman Institute at Columbia University and
  • the Zuckerman STEM Leadership Program.
  • He was named one of The Top 50 American Givers by Businessweek.
  • He is owner of the Lazy Z Yacht.

A Legacy in Media: US News & World Report

Zuckerman made his mark in the world of media as the owner of the renowned U.S. News & World Report. Serving as the chairman and editor-in-chief, he expanded this American media company into a multi-platform publisher of news, opinion, and consumer advice. The company’s digital and print platforms, including and annual print and e-book versions of its authoritative rankings like Best Colleges, Best Graduate Schools and Best Hospitals, attract a monthly audience of over 20 million unique visitors and 120 million page views.

The Real Estate Endeavor: Boston Properties

Venturing into the real estate industry, Zuckerman co-founded Boston Properties, Inc., a real estate investment trust (REIT), in 1970. One of the largest owners, managers, and developers of office properties in the United States, the firm has its operations spanning Boston, Los Angeles, New York, San Francisco, and Washington. Since going public in 1997, Boston Properties has amassed a total market value of $32 billion with 52 million sq feet of properties under its banner. Even today, Zuckerman retains 5% ownership in the company.

The Net Worth of Mortimer Zuckerman

Given his impressive business ventures, Zuckerman has amassed a net worth of approximately US$ 2.8 billion.

Zuckerman’s Philanthropic Commitment

Zuckerman is a dedicated philanthropist, directing his efforts through The Mortimer Benjamin Zuckerman Foundation. His significant donations have enabled the establishment of the Zuckerman Institute at Columbia University and the Zuckerman STEM Leadership Program, enhancing opportunities for graduate-level and post-doc scientists in the U.S. Recognizing his significant contributions, Businessweek named Zuckerman one of The Top 50 American Givers.


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Yacht Lazy Z Owner

Mortimer Zuckerman

Watch this video!

Zuckerman Yacht

He is the owner of the Oceanco motor yacht Lazy Z.

The LAZY Z yacht, built by Oceanco in 1997, showcases a design by The A Group.

Powered by MTU engines, her max speed is 16 knots and she has a cruising speed of 12 knots.

The luxurious interior can accommodate 13 guests and a crew of 11.