Jay Weiss Net Worth (Updated 2026).
Jay Weiss, born and raised in New York City, began his career in the late 1970s, working his way up from the bottom of the real estate industry. He started as a sales associate at a small brokerage firm, learning the ropes of the business and honing his skills in negotiation and client relations. Weiss’s natural aptitude for the industry, coupled with his relentless work ethic, quickly set him apart from his peers.
In the early 1980s, Weiss made his first significant mark on the real estate scene when he successfully brokered the sale of a prominent Manhattan office building. This high-profile deal caught the attention of industry heavyweights and catapulted Weiss into the limelight. From there, he went on to become one of the most influential figures in New York real estate, known for his strategic thinking and ability to close complex deals.
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Jay Weiss’ Current Net Worth (2025)
As of 2025, Jay Weiss’ current net worth is estimated to be around $2.5 billion, according to Forbes. This significant wealth is largely attributed to his successful career in the real estate industry.
Career
Jay Weiss is a prominent figure in the real estate industry, with a career spanning over three decades. He is the founder and chairman of New York-based real estate firm, RFR Holding. Weiss has been instrumental in developing and acquiring several high-profile properties in New York City, including the iconic Seagram Building and the Lever House. His strategic investments and innovative approach to real estate have earned him a reputation as one of the industry’s most influential players.
Other Ventures
In addition to his real estate pursuits, Weiss has also ventured into other businesses. He is a co-owner of the Miami Dolphins, the NFL team based in Florida. Weiss’ interest in sports extends beyond football; he is also a part-owner of the NBA’s Miami Heat. Furthermore, he has invested in various tech startups, demonstrating his keen eye for opportunity across different sectors.
Assets
Weiss’ extensive real estate portfolio is his most valuable asset. His company, RFR Holding, owns and manages a diverse range of properties, including office buildings, residential towers, and retail spaces. These assets are primarily located in New York City, with some in Miami and other major U.S. cities. Additionally, Weiss owns several luxury properties, including a sprawling estate in the Hamptons and a penthouse in Manhattan.
Annual Income
While Jay Weiss’ annual income can fluctuate due to the nature of his business, it is estimated to be in the tens of millions of dollars. A significant portion of this income comes from the rental income generated by his extensive real estate portfolio. His investments in sports teams and tech startups also contribute to his annual earnings. However, the exact figure is not publicly disclosed, and it can vary year to year.
Frequently Asked Questions about Jay Weiss
**Frequently Asked Questions about Jay Weiss**
1. What is Jay Weiss’ net worth?
Jay Weiss’ net worth is estimated to be around $1.5 billion.
2. How did Jay Weiss make his fortune?
Jay Weiss is the co-founder and former CEO of Office Depot. He built his fortune through the success of the office supply retail chain.
3. When was Office Depot founded?
Office Depot was founded in 1986.
4. What is Jay Weiss’ role in Office Depot today?
Jay Weiss is no longer involved in the day-to-day operations of Office Depot. He stepped down as CEO in 2000 and left the company’s board of directors in 2004.
5. What other businesses has Jay Weiss been involved in?
After leaving Office Depot, Jay Weiss has been involved in various other businesses and investments, including real estate and venture capital.
6. Is Jay Weiss married?
Yes, Jay Weiss is married. He has been married to his wife, Odette, since 1991.
7. Does Jay Weiss have any children?
Yes, Jay Weiss has two children with his wife Odette.
8. Where does Jay Weiss live?
Jay Weiss and his family live in Boca Raton, Florida.
9. What is Jay Weiss’ political affiliation?
Jay Weiss is a registered Democrat.
10. Has Jay Weiss been involved in any philanthropic work?
Yes, Jay Weiss and his wife Odette have been involved in various philanthropic efforts, including supporting education, healthcare, and arts organizations. They established the Weiss Family Foundation in 2002 to support these causes.
