| Name: | Mortimer Zuckerman |
| Net Worth: | US$ 2.8 billion |
| Source of Wealth: | Boston Properties |
| Born: | June 4, 1937 |
| Age: | |
| Country: | Canada |
| Wife: | Marla Prather (divorced) |
| Children: | Abigail, Renée Esther |
| Residence: | East Hampton |
| Private Jet: | (N10MZ) Gulfstream G550 |
| Yacht: | Lazy Z |
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.
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 www.usnews.com 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.
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 $32 billion with 52 million sq feet of properties under its banner. Even today, Zuckerman retains 5% ownership in the company.
Given his impressive business ventures, Zuckerman has amassed a net worth of approximately US$ 2.8 billion.
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.
https://www.forbes.com/mortimerzuckerman
https://en.wikipedia.org/wiki/MortimerZuckerman
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Zuckerman resides in a large house in East Hampton, near New York. The house was listed for sale asking $70 million. He also owns residences in Manhattan NY and Aspen Colorado.
East Hampton, nestled in the eastern end of Long Island, New York, is a tranquil coastal town known for its exquisite beaches, vast history, and picturesque landscapes. Celebrated as a retreat for the affluent, the town boasts luxurious estates, world-class dining, and high-end boutiques, reflecting its rich clientele. Its villages and hamlets, including the notable Montauk, offer a unique blend of historic charm and modern sophistication.
East Hampton’s vibrant art scene is fostered by numerous galleries, studios, and the famed Pollock-Krasner House. The local cuisine, deeply influenced by the town’s coastal geography, is fresh and sophisticated, often showcasing seafood from the surrounding waters. Nature enthusiasts are drawn to East Hampton’s scenic hiking trails, serene parks, and tranquil ponds. Its pristine, sandy beaches, particularly Main Beach, are often ranked among the top beaches in America. The town is steeped in history, home to centuries-old windmills and the oldest cattle ranch in America.
East Hampton’s local events, such as the annual Artists & Writers Charity Softball Game, celebrate the community’s creative spirit and philanthropic culture. Offering a harmonious blend of history, culture, and luxury, East Hampton embodies the allure of the Hamptons.
Zuckerman is the owner of a Gulfstream G550 private jet. The jet has registration N10MZ. The jet was built in 2007. It has a list price of US$ 50 million. Update: he sold the aircraft. Do you know which jet he owns now? Pls DM! ;-)
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 Gulfstream 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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Yacht Owners Database 2024
