Richard Ressler, born in 1947, began his career in the late 1960s, working for the real estate company owned by his father, Milton Ressler. He started from the ground up, learning the ropes of the industry, from property management to finance and acquisitions. His first significant project was the redevelopment of the historic Mayflower Hotel in Washington D.C., which not only turned a profit but also put his name on the map in the real estate world.

In the 1980s, Ressler co-founded SunAmerica, a financial services company that focused on annuities and mutual funds. This venture catapulted him to fame, as SunAmerica grew rapidly and became a public company in 1993. In 1998, he sold SunAmerica to AIG for $18 billion, making him one of the wealthiest individuals in the United States. Following this, Ressler continued his career in real estate, co-founding the real estate investment firm Related Companies in 1972, which has since developed numerous iconic properties across the United States.

Richard Ressler’s Net Worth in 2025

As of 2025, Richard Ressler’s net worth is estimated to be around $2.5 billion, according to Forbes. This significant figure reflects his successful career and various ventures.

Career

Richard Ressler co-founded the real estate firm, Related Companies, in 1972. He served as the CEO until 2012, leading the company to become one of the largest private real estate firms in the U.S. He then stepped back to become the Chairman, focusing on strategic initiatives.

Other Ventures

In addition to Related Companies, Ressler has invested in various other businesses. He is a co-owner of the NBA’s Atlanta Hawks and has interests in technology and media companies like BuzzFeed and Vice Media.

Assets

Ressler’s assets include a substantial real estate portfolio, primarily through Related Companies. This includes high-profile properties like Time Warner Center in New York City and CityPlace in West Palm Beach. He also has significant equity stakes in his other ventures.

Annual Income

While specific figures for Ressler’s annual income are not publicly available, his wealth growth suggests he earns a substantial amount each year. In 2021, Forbes reported that Ressler’s wealth grew by $300 million, indicating a high annual income.

Frequently Asked Questions about  Richard Ressler

What is Richard Ressler’s net worth?

Richard Ressler’s net worth is estimated to be around $1.5 billion.

How did Richard Ressler make his fortune?

Richard Ressler made his fortune through real estate investments. He is the co-founder and chairman of SunTrust Real Estate Securities, a real estate investment trust (REIT).

What is Richard Ressler’s age?

Richard Ressler was born on January 1, 1952, making him 70 years old.

Where does Richard Ressler live?

Richard Ressler resides in Atlanta, Georgia.

Is Richard Ressler married?

Yes, Richard Ressler is married. He is married to his wife, Susan.

Does Richard Ressler have any children?

Yes, Richard Ressler has two children, a son named Andrew and a daughter named Emily.

What is Richard Ressler’s educational background?

Richard Ressler graduated from the University of Virginia with a Bachelor of Arts degree in Economics. He also has a Master of Business Administration degree from the Harvard Business School.

What is Richard Ressler’s involvement in philanthropy?

Richard Ressler is involved in various philanthropic activities. He and his wife, Susan, established the Ressler-Gilman Foundation, which supports a variety of charitable causes, including education, healthcare, and social services.

What are some of the notable real estate projects Richard Ressler has been involved in?

Richard Ressler has been involved in several notable real estate projects, including the development of Atlantic Station, a mixed-use development in Atlanta, and the redevelopment of the former Olympic Village in Atlanta into a luxury apartment complex.

What is Richard Ressler’s height and weight?

Richard Ressler’s height and weight are not publicly available.