Larry Silverstein Net Worth (Updated 2025).
Larry Silverstein, a name that echoes through the skyscrapers of New York City, began his career in real estate development in the 1950s, a time when the city was undergoing significant transformation. Born into a family of developers, Silverstein’s passion for the industry was ignited early on, leading him to study at the University of Michigan and later, the New York University School of Law. His first major project was the development of the 41-story 888 Seventh Avenue in Midtown Manhattan, completed in 1969, which marked the beginning of his journey towards becoming one of the most influential figures in the city’s real estate landscape.
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Larry Silverstein’s Current Net Worth (2025)
As of 2025, Larry Silverstein’s net worth is estimated to be around $4.5 billion, according to Forbes. This significant wealth is primarily attributed to his real estate empire, Silverstein Properties.
Career
Larry Silverstein began his career in real estate in the 1950s, working for his father’s company. In 1957, he founded Silverstein Properties, which has since grown into a major player in the New York City real estate market. Notably, Silverstein Properties acquired the World Trade Center complex in 2001, just weeks before the 9/11 attacks.
Other Ventures
Beyond his real estate empire, Silverstein has also ventured into other business areas. He is a co-owner of the New York Knicks basketball team and has investments in various other industries, including finance and technology. Additionally, he has been involved in philanthropic efforts, donating to causes such as healthcare and education.
Assets
Silverstein’s assets are predominantly in real estate, with his most valuable holdings being in New York City. These include the World Trade Center complex, 120 Seaport Boulevard in Boston, and 3 World Trade Center in New York. His real estate portfolio is valued at over $18 billion.
Annual Income
Larry Silverstein’s annual income is not publicly disclosed. However, given the scale of his real estate empire and other ventures, it is estimated to be in the tens of millions of dollars. His exact earnings can vary significantly from year to year based on the performance of his investments and properties.
Frequently Asked Questions about Larry Silverstein
**Frequently Asked Questions: Larry Silverstein Net Worth**
1. What is Larry Silverstein’s net worth?
Larry Silverstein’s net worth is estimated to be around $5 billion.
2. How did Larry Silverstein make his fortune?
Larry Silverstein made his fortune primarily through real estate development and investments. He is the chairman of Silverstein Properties, a real estate development and management company based in New York City.
3. What are some of Larry Silverstein’s most notable projects?
Some of Larry Silverstein’s most notable projects include the World Trade Center in New York City, the 7 World Trade Center, and the 3 World Trade Center. He also developed the iconic 121 Seaport Boulevard in Boston.
4. How old is Larry Silverstein?
Larry Silverstein was born on May 30, 1931, making him 90 years old as of 2021.
5. Where was Larry Silverstein born and raised?
Larry Silverstein was born and raised in New York City. He grew up in the Bronx and later attended college in New York.
6. Did Larry Silverstein serve in the military?
Yes, Larry Silverstein served in the U.S. Army during the Korean War. He was a member of the 82nd Airborne Division.
7. What is Larry Silverstein’s political affiliation?
Larry Silverstein is a registered Democrat and has been a significant donor to Democratic political campaigns and causes.
8. Has Larry Silverstein received any awards or honors?
Yes, Larry Silverstein has received numerous awards and honors throughout his career. He has been inducted into the Real Estate Hall of Fame and has received the Ellis Island Medal of Honor, among other accolades.
9. What is Larry Silverstein’s philanthropic work like?
Larry Silverstein is involved in various philanthropic endeavors. He and his wife, Klara Silverstein, have established the Silverstein Family Foundation, which supports causes such as education, healthcare, and Jewish communal services.
10. Does Larry Silverstein have any children?
Yes, Larry Silverstein has three children: Roger, Lisa, and Sharon. All three of his children are involved in the family’s real estate business.
