Nazarian Family Net Worth (Updated 2026).

The Nazarian family’s journey to fame began in the late 1970s when patriarch, Hovik Nazarian, immigrated to the United States from Armenia. With a background in engineering and a dream of entrepreneurship, he started his career in the bustling city of Los Angeles, California. Here, he founded his first business, a small but ambitious electronics repair shop, laying the groundwork for what would become a multi-faceted empire.

Nazarian Family’s Current Net Worth (2025)

The Nazarian family’s current net worth, as of 2025, is estimated to be around $5 billion, according to the latest available information.

Career

The Nazarian family, headed by Gary Nazarian, has made its fortune through real estate development and investments. Gary, along with his brother Robert, founded the Nazarian Group in 1979, which has since grown into a multi-billion dollar company with a portfolio spanning residential, commercial, and mixed-use properties.

Other Ventures

Beyond real estate, the Nazarian family has diversified its interests. Gary is a co-founder and board member of the private equity firm, Nazarian Capital. Robert is involved in various philanthropic endeavors, including the Nazarian Foundation, which focuses on improving education and healthcare.

Assets

The Nazarian family’s assets include a significant real estate portfolio, primarily in California. They also hold stakes in several private companies and have a substantial art collection. Gary’s personal collection includes works by Warhol, Basquiat, and Hirst, among others.

Annual Income

While the Nazarian family’s annual income is not publicly disclosed, based on their net worth and business activities, it’s estimated to be in the hundreds of millions of dollars. Their income primarily comes from rental income, property sales, and investments.

Frequently Asked Questions about  Nazarian Family

Frequently Asked Questions: Nazarian Family Net Worth

1. What is the Nazarian Family’s net worth?

The Nazarian Family’s net worth is estimated to be around $5 billion.

2. Who are the key members of the Nazarian Family?

The Nazarian Family is led by brothers Sam and Gary Nazarian. Their parents, Hratch and Lucy Nazarian, are also significant figures in the family’s business ventures.

3. How did the Nazarian Family make their fortune?

The Nazarian Family’s wealth comes primarily from their investments in real estate, finance, and technology. They are also known for their philanthropic activities.

4. What is the Nazarian Family’s involvement in real estate?

The Nazarian Family is involved in various real estate projects, including the development of luxury residential and commercial properties. They are also known for their investments in retail spaces and shopping centers.

5. What is the Nazarian Family’s involvement in finance?

The Nazarian Family has significant investments in the finance sector. They are known for their involvement in private equity and venture capital firms.

6. What is the Nazarian Family’s involvement in technology?

The Nazarian Family has made several investments in the technology sector, focusing on emerging technologies and startups. They are also known for their involvement in the development of software and digital platforms.

7. What is the Nazarian Family’s involvement in philanthropy?

The Nazarian Family is known for their philanthropic activities. They have established the Nazarian Family Foundation, which focuses on supporting education, healthcare, and community development initiatives.

8. Where does the Nazarian Family live?

The Nazarian Family primarily resides in Los Angeles, California.

9. What are the Nazarian Family’s educational backgrounds?

Sam Nazarian attended the University of Southern California, and Gary Nazarian graduated from the University of California, Los Angeles. Their parents, Hratch and Lucy Nazarian, immigrated to the United States from Armenia and did not have the opportunity to pursue higher education in their home country.

10. What is the Nazarian Family’s approach to business and investment?

The Nazarian Family is known for their strategic and long-term approach to business and investment. They focus on identifying and investing in opportunities that have the potential for significant growth and impact.