Gary Tharaldson Net Worth (Updated 2025).

Gary Tharaldson, born and raised in North Dakota, began his career in the hospitality industry at a young age. He started by working at a local motel, learning the ropes from the ground up. This hands-on experience ignited a passion for the business and set the stage for his future endeavors.
Tharaldson’s big break came in the late 1970s when he decided to venture into hotel ownership. He purchased his first motel in 1979, marking the beginning of what would become a highly successful career. With a keen eye for opportunity and a strong work ethic, Tharaldson grew his business, eventually becoming one of the most prominent hotel owners in the United States.
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Gary Tharaldson’s Current Net Worth
As of 2025, Gary Tharaldson’s current net worth is estimated to be around $1.2 billion. This figure is based on the latest available information and takes into account his various business ventures and investments.
Career
Gary Tharaldson is a prominent American businessman and real estate developer. He is best known for founding and leading Tharaldson Companies, a hospitality development and management firm. Tharaldson has been instrumental in developing and managing numerous hotels across the United States, including brands like Marriott, Hilton, and InterContinental Hotels Group.
Other Ventures
In addition to his work in the hospitality industry, Tharaldson has also ventured into other business sectors. He has invested in various real estate projects, including multifamily housing and retail developments. Furthermore, Tharaldson has been involved in philanthropic efforts, supporting several charitable organizations through the Tharaldson Family Foundation.
Assets
Gary Tharaldson’s assets primarily consist of his stakes in Tharaldson Companies and various real estate properties. These assets include numerous hotels, multifamily housing units, and retail spaces spread across the United States. Additionally, Tharaldson’s personal residence, a sprawling estate in Fargo, North Dakota, is also considered a significant asset.
Annual Income
Gary Tharaldson’s annual income is estimated to be around $50 million. This figure is derived from his various business ventures, including his stake in Tharaldson Companies and his real estate investments. However, it’s important to note that this figure can fluctuate year to year based on market conditions and the performance of his businesses.
Frequently Asked Questions about Gary Tharaldson
**Frequently Asked Questions about Gary Tharaldson**
1. What is Gary Tharaldson’s net worth?
Gary Tharaldson’s net worth is estimated to be around $1.5 billion.
2. How did Gary Tharaldson make his fortune?
Tharaldson made his fortune through his hotel development and management company, Tharaldson Hospitality Management. He specializes in developing and managing hotels for brands like Marriott, Hilton, and InterContinental Hotels Group.
3. When was Gary Tharaldson born?
Gary Tharaldson was born on April 14, 1945.
4. Where did Gary Tharaldson grow up?
Tharaldson grew up on a farm in North Dakota.
5. What is Gary Tharaldson’s educational background?
Tharaldson graduated from the University of North Dakota with a degree in business administration.
6. How many hotels has Gary Tharaldson developed?
As of 2021, Tharaldson has developed over 300 hotels across the United States.
7. Which hotel brands has Gary Tharaldson worked with?
Tharaldson has worked with major hotel brands such as Marriott, Hilton, InterContinental Hotels Group, Choice Hotels, and Wyndham Hotels and Resorts.
8. What awards has Gary Tharaldson received?
Tharaldson has received several awards, including the University of North Dakota’s Alumni Achievement Award and the North Dakota Developer of the Year award.
9. Is Gary Tharaldson involved in any philanthropic work?
Yes, Tharaldson is involved in various philanthropic activities. He has made significant donations to the University of North Dakota and other charitable causes.
10. Where does Gary Tharaldson live?
Tharaldson resides in Fargo, North Dakota.