Leonard Stern net worth
Leonard Stern Net Worth: Leonard Stern is an American entrepreneur and real estate mogul who has a net worth of $5.1 billion. He was born Leonard Norman Stern on March 28, 1938, to the fortune of his German-born father Max Stern, a Hartz Mountain Pet Products founder, by 1984, the company controlled 75% to 90% of the US pet products market.
After graduating from NYU, Stern gradually acquired his siblings’ shares in the family business, and by the early 1960s he owned the Harz Mountain Company (HMC). Since then, he has served as the company’s chairman and chief executive officer. Six years later, he started his real estate operation, buying land and selling a pet business, but holding its properties. Today, the company owns more than 38 million square feet of residential and commercial real estate in New Jersey, New York and Chicago. Among other establishments, Stern also owns the Soho Grand Hotel and TriBeca Grand Hotel.Inspired by his late father, an active philanthropist who founded Homeless Homes, one of the largest nonprofit providers of education, housing and employment centers in the United States
