Armando Codina Net Worth (Updated 2026).
Armando Codina, a name that has become synonymous with real estate development in South Florida, began his career in the late 1970s, a time when the region was just starting to experience significant growth. Born in Cuba, Codina immigrated to the United States with his family as a child, eventually settling in Miami. He started his professional journey in the construction industry, working his way up from a laborer to a project manager, honing his skills and gaining valuable experience in the process.
In the early 1980s, Codina saw the potential in the burgeoning real estate market of South Florida. He decided to branch out on his own, founding Codina Group in 1984. This marked the beginning of his rise to fame in the real estate industry. With a keen eye for opportunity and a relentless work ethic, Codina began acquiring and developing properties, transforming South Florida’s skyline with his innovative projects.
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Armando Codina’s Net Worth in 2025
As of 2025, Armando Codina’s net worth is estimated to be around $3.5 billion, according to Forbes. This significant wealth is a testament to his successful career in real estate and other ventures.
Career
Armando Codina is a prominent figure in the real estate industry, with a career spanning over four decades. He co-founded Codina Group in 1979, which has since grown into a leading real estate development and investment firm in South Florida. Codina’s leadership has been instrumental in the development of numerous high-profile projects, including the Miami Dolphins Stadium and the American Airlines Arena.
Other Ventures
Beyond real estate, Codina has ventured into various other businesses. He is a co-owner of the Miami Marlins baseball team and has interests in the hospitality industry, with investments in several luxury hotels. Codina is also a philanthropist, supporting various educational and community initiatives through the Armando C. Codina Foundation.
Assets
Armando Codina’s assets are primarily concentrated in real estate, with a portfolio that includes residential, commercial, and mixed-use properties. His most valuable assets are likely the developments undertaken by Codina Group, such as the Coral Gables City Center and the Miami Worldcenter. Additionally, Codina owns several luxury homes and has investments in various other industries.
Annual Income
Armando Codina’s annual income is primarily derived from his real estate investments and the operations of Codina Group. While his exact earnings are not publicly disclosed, it’s estimated that his annual income is in the tens of millions of dollars. His wealth has also grown significantly over the years due to the appreciation of his real estate assets and the success of his various ventures.
Frequently Asked Questions about Armando Codina
**Frequently Asked Questions: Armando Codina Net Worth**
1. What is Armando Codina’s net worth?
Armando Codina’s net worth is estimated to be around $1.5 billion.
2. How did Armando Codina make his fortune?
Armando Codina made his fortune through real estate development. He is the founder and chairman of Codina Partners, a real estate development and investment firm based in Coral Gables, Florida.
3. What is Armando Codina’s background?
Armando Codina was born in Cuba and moved to the United States with his family in 1960. He graduated from the University of Miami with a degree in finance and began his career in real estate in the 1970s.
4. What are some of Armando Codina’s notable projects?
Some of Armando Codina’s notable projects include the development of the Doral Golf Resort & Spa, the Turnberry Isle Resort, and the transformation of the historic Miami Herald building into the University of Miami’s School of Communication.
5. What is Armando Codina’s involvement in philanthropy?
Armando Codina is involved in various philanthropic endeavors. He and his wife, Ninon, have established the Codina Foundation, which supports education, healthcare, and community development initiatives in South Florida.
6. Does Armando Codina have any family members involved in his business?
Yes, Armando Codina’s son, Ana Codina-Barlick, is also involved in the family’s real estate business. She serves as the CEO of Codina Partners.
7. What is Armando Codina’s political affiliation?
Armando Codina is a registered Republican and has been a significant donor to Republican political campaigns.
8. Has Armando Codina received any awards or recognitions?
Yes, Armando Codina has received numerous awards and recognitions, including being inducted into the University of Miami’s Sports Hall of Fame and receiving the Ellis Island Medal of Honor.
9. What is Armando Codina’s age?
Armando Codina was born on August 12, 1944, making him 77 years old as of 2022.
10. Where does Armando Codina live?
Armando Codina resides in Coral Gables, Florida.
