Ian and Richard Livingstone net worth
Ian and Richard Livingstone Net Worth: Ian and Richard Livingston are British entrepreneurs with a net worth of $3.7 billion. Ian (49) and Richard (47) are the brother duo who founded London & Regional Properties (L&R), one of the most successful property trading companies in the UK. Former optometrist Ian and his brother Richard, a chartered surveyor, started their shared career path by opening an optical shop.
In 1992, the Livingstone brothers bought the David Clorow eyewear chain and sold it in 2011, making a fortune. Today, the brothers’ main business is real estate, which they first launched in 1987 by founding London-based L&R. Livingstone’s real estate empire is estimated to be worth about $6.3 billion, and in addition to London, it has offices in Moscow, Kyiv, Stockholm, Panama City, Cape Town and St. Petersburg. The company’s property in Panama, called Panama Pacifico, is a 250-acre commercial development just 15 minutes from Panama City with 20,000 residences. In 2012, the Livingstone brothers received approval for a $4.93 billion redevelopment of the Elizabeth Tower Hotel in central London. In addition, the pair run Loopsign Limited, a diversified real estate investment firm with funds spread across Germany, the UK, Panama and Russia.
