LARRY SILVERSTEIN – Net Worth $ 3 Billion – Owner of the Yacht Silver Shalis

Name:Larry Silverstein
Net Worth:$ 3 billion
Source of Wealth:Silverstein Properties
Born:May 30, 1931
Country:USA
Spouse:Klara Silverstein
Children:Sharon Silverstein, Lisa Silverstein, Roger Silverstein
Residence:New York, NY, USA
Private Jet:Bombardier Global 5000 (N117QS)
YachtSilver Shalis

Who is Larry Silverstein?

He was born in May 1931. He is married to Klara, for more than 60 years. They have 3 children: Sharon Silverstein, Lisa Silverstein, and Roger Silverstein.

He is the founder of Silverstein Properties Inc, active in New York real estate. He is known for acquiring the Word Trade Centre in New York, months before the 9/11 attacks.

Silverstein Properties

Silverstein Properties is a real estate development, investment, and management firm based in New York City. It was founded by Larry Silverstein in 1957.

The company has developed, owned, and managed more than 40 million square feet of office, residential, hotel, and retail properties in NYC.

The company owns and manages many successful and high-profile commercial and residential properties in New York City. Properties include 120 Wall Street, 120 Broadway, 1177 Avenue of the Americas and 529 Fifth Avenue.

He also owns the Four Seasons Private Residences New York Downtown at 30 Park Place. He has his residence in this building.

He also owns the Silver Towers, bearing his name. Silver Towers are two 60-story residential towers at 600 West 42nd Street.

World Trade Center

In July 2001 Silverstein completed the largest real estate transaction in New York history. When he signed a 99-year lease on the World Trade Center for $3.25 billion. Only to see it destroyed in terrorist attacks six weeks later on September 11, 2001.

After a long legal battle, Silverstein received US$ 4.6 billion in insurance payments. He has spent the last years rebuilding the office component of the $ 30 billion World Trade Center site.

In 2006 he opened 7 World Trade Center, the first office tower to be rebuilt after the WTC attacks.

 Philanthropy

Larry and his wife Klara Silverstein are active philanthropists. They donated $5 million to Hunter College to create the Klara and Larry Silverstein Student Success Center at the Hunter College Library.

They also created the Silverstein Scholarship Fund at the New York University School of Medicine. And Larry is a founding trustee of the Museum of Jewish Heritage in New York.

Larry Silverstein Net Worth

His net worth is estimated at US$ 3 billion.

Resources

http://silversteinproperties.com/

https://en.wikipedia.org/wiki/Larry_Silverstein

https://hunter.cuny.edu/news/larry-silverstein-honors-wife-klara-with-5-million-hunter-library-gift/

Yacht Silver Shalis Owner

Larry Silverstein


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Larry Silverstein House

Larry Silverstein Yacht

He is the owner of the yacht Silver Shalis. He named the yacht after his daughters Sharon and Lisa.