Alan Casden net worth
Alan Carsden Net Worth: Alan Casden is an American self-made businessman with a net worth of $1.2 billion. He is a real estate developer who has made his fortune building more than 90,000 multi-family apartments since the 1980s. Born Alan I. Casden in 1945, he initially attended UCLA but then transferred to USC to study accounting.
After earning his BA and MBA from the USC Leventhal School of Accounting, he joined Kenneth Leventhal & Company, a leading accounting firm serving large residential real estate developers in the United States. Demonstrating outstanding skills in the field, he opened a corporate office in San Francisco in 1969. He later accepted a partnership with condo developer Robert Mayer and eventually took over the business with the financial backing of the Belzberg family in Canada. By 1980, he had purchased the entire Belzberg family and renamed the company Casden Properties, LLC. Casden Properties, headquartered in Beverly Hills, California, has become one of the largest multifamily developers in the United States. His net worth is down $700 million from a year ago due to a long-term breakup with investment partner Cerberus Partners. Casden, however, still owns 3,100 luxury condos in the Los Angeles area and has plans to develop a condo and retail complex in West Hollywood. In addition, he is a collector of antique Jewish coins and one of the few billionaires to try to buy the Los Angeles Dodgers.
