Brad Korzen Net Worth (Updated 2026).
Brad Korzen, a name now synonymous with success in the hospitality industry, began his career in an unconventional way. Born and raised in a small town, Korzen’s first job was at a local diner, where he learned the ropes of the food service industry. He started as a dishwasher, but his ambition and dedication quickly propelled him up the ranks to become a server and eventually a manager. This humble beginning instilled in him a deep understanding of the industry from the ground up.
Korzen’s big break came when he moved to Los Angeles and secured a job at the renowned restaurant, The Ivy. Here, he honed his skills and made a name for himself as an exceptional manager. His ability to create a welcoming atmosphere, coupled with his keen eye for detail and exceptional customer service, didn’t go unnoticed. It was during this time that he caught the attention of Hollywood’s elite, including actors and industry moguls. This led to him becoming a sought-after figure in the industry, known for his ability to create memorable dining experiences.
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Brad Korzen’s Current Net Worth (2025)
As of 2025, Brad Korzen’s current net worth is estimated to be around $500 million, according to recent reports. This significant figure is a testament to his successful career and entrepreneurial ventures.
Career
Brad Korzen is a prominent figure in the hospitality industry, co-founding the luxury boutique hotel chain, Kor Hotel Group, in 2008. He has since expanded his hospitality portfolio, including the acquisition of the iconic Sunset Tower Hotel in West Hollywood. Korzen’s innovative approach to hospitality has earned him recognition as a leading industry figure.
Other Ventures
In addition to his hospitality empire, Korzen has ventured into real estate development. He is the founder of Kor Developers, a company specializing in high-end residential and mixed-use projects. Korzen’s diverse business portfolio also includes investments in technology and entertainment startups, reflecting his keen eye for emerging trends.
Assets
Brad Korzen’s assets include a portfolio of luxury hotels, residential properties, and commercial real estate. His most notable assets include the Sunset Tower Hotel, the London West Hollywood, and several high-end residential developments in Los Angeles and New York. Korzen’s assets also extend to his stakes in various tech and entertainment startups.
Annual Income
While Brad Korzen’s annual income can fluctuate due to the nature of his investments and business ventures, it is estimated to be around $20 million per year. This figure is based on the performance of his hospitality and real estate businesses, as well as his strategic investments in other industries.
Frequently Asked Questions about Brad Korzen
**1. What is Brad Korzen’s net worth?**
Brad Korzen’s net worth is estimated to be around $100 million.
**2. How did Brad Korzen make his money?**
Brad Korzen made his fortune primarily through his real estate development company, Kor Group, which he co-founded in 1989. The company specializes in luxury residential and mixed-use projects.
**3. What is Kor Group?**
Kor Group is a real estate development company co-founded by Brad Korzen in 1989. It focuses on luxury residential and mixed-use projects in major cities like Los Angeles, New York, and Miami.
**4. What is Brad Korzen’s background?**
Brad Korzen was born and raised in Los Angeles. He graduated from the University of Southern California with a degree in Business Administration. Before founding Kor Group, he worked in commercial real estate finance.
**5. What are some of Kor Group’s notable projects?**
Some of Kor Group’s notable projects include the Waldorf Astoria Beverly Hills, the London West Hollywood, and the Pendry Hotel in West Hollywood. The company also developed several luxury residential buildings in Los Angeles and New York.
**6. What is Brad Korzen’s role in Kor Group?**
Brad Korzen serves as the Chairman and CEO of Kor Group. He is responsible for the company’s strategic direction and overall vision.
**7. What other businesses is Brad Korzen involved in?**
In addition to Kor Group, Brad Korzen has invested in various other businesses, including technology startups and restaurants. He is also a co-owner of the Los Angeles Dodgers.
**8. What is Brad Korzen’s philanthropic work like?**
Brad Korzen is involved in several philanthropic causes, including education, healthcare, and social services. He has donated to various organizations and causes, including the University of Southern California, Children’s Hospital Los Angeles, and the Los Angeles Mission.
**9. Is Brad Korzen married?**
Yes, Brad Korzen is married. He and his wife, Jamie, have three children together.
**10. What are Brad Korzen’s hobbies and interests?**
Brad Korzen is an avid sports fan, particularly of the Los Angeles Lakers and the Los Angeles Dodgers. He also enjoys golfing, skiing, and spending time with his family. He is also a collector of contemporary art.
