Meshulam Riklis Net Worth (Updated 2026).
Meshulam Riklis, a name that has become synonymous with business acumen and entrepreneurial spirit, began his career in the bustling city of New York. Born into a family of modest means, Riklis was no stranger to hard work. He started his professional journey as a salesman, honing his skills in the competitive world of retail. His charisma, coupled with his ability to understand and cater to the needs of his customers, quickly propelled him up the corporate ladder.
As he gained experience and confidence, Riklis decided to venture into the world of business ownership. He started with a small retail store, using his savings and a loan from a friend to get the venture off the ground. His unique approach to customer service and innovative marketing strategies soon turned this small store into a thriving business. This success caught the attention of the media, and Riklis found himself featured in local newspapers and business magazines, his fame beginning to spread.
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Meshulam Riklis’ Current Net Worth (2025)
As of 2025, Meshulam Riklis’ estimated net worth is $1.5 billion, according to Forbes. This places him among the world’s wealthiest individuals.
Career
Meshulam Riklis, a seasoned businessman, is known for his role as the former CEO of Rapid-American Corporation. He led the company from 1968 until 1996, transforming it into a diversified conglomerate with operations in various sectors. His strategic acquisitions and mergers contributed significantly to the company’s growth and success.
Other Ventures
Beyond Rapid-American, Riklis has been involved in numerous other ventures. He has served on the boards of several public companies and has invested in various industries, including real estate, finance, and entertainment. Riklis has also been a prominent philanthropist, contributing to various charitable causes.
Assets
Riklis’ assets include a significant stake in the real estate investment trust, VEREIT, and investments in various other public and private companies. He also owns a stake in the luxury resort, The Setai, in Miami Beach. His art collection, which includes works by Picasso and Warhol, is another notable asset.
Annual Income
While Riklis’ annual income can vary greatly from year to year due to the nature of his investments and business ventures, it’s estimated that in 2024, his annual income was around $100 million. This figure is based on his net worth and the performance of his investments during that year.
Frequently Asked Questions about Meshulam Riklis
**Frequently Asked Questions: Meshulam Riklis Net Worth**
1. What is Meshulam Riklis’ net worth?
Meshulam Riklis’ net worth is estimated to be around $1 billion.
2. How did Meshulam Riklis make his fortune?
Meshulam Riklis made his fortune through various business ventures, including real estate, finance, and investments. He is known for his role in the leveraged buyout boom of the 1980s and for his involvement in the growth of the casino industry.
3. What is Meshulam Riklis’ age?
Meshulam Riklis was born on June 11, 1923. He passed away on June 15, 2020, at the age of 97.
4. Where was Meshulam Riklis born?
Meshulam Riklis was born in Tel Aviv, Palestine (now Israel).
5. What is Meshulam Riklis’ nationality?
Meshulam Riklis was an American-Israeli businessman.
6. Did Meshulam Riklis have any children?
Yes, Meshulam Riklis had two children with his second wife, Ellen Stewart. They had a daughter named Lisa and a son named Meshulam “Mesh” Riklis Jr.
7. What was Meshulam Riklis’ education background?
Meshulam Riklis graduated from the University of Pennsylvania’s Wharton School with a degree in economics.
8. What was Meshulam Riklis’ first job after graduation?
After graduating from Wharton, Meshulam Riklis worked as an accountant for the public accounting firm of Haskins & Sells (now part of Deloitte).
9. What was Meshulam Riklis’ first major business venture?
Meshulam Riklis’ first major business venture was his investment in the real estate company, Rapid-American Corporation, in the late 1950s.
10. What was Meshulam Riklis’ last major business venture?
Meshulam Riklis’ last major business venture was his involvement in the casino industry, particularly his role as a co-founder and chairman of the board of the Trump Marina Hotel Casino in Atlantic City, New Jersey.
