Gary Barnett Extell Net Worth (Updated 2025).

Gary Barnett Extell, a name that has become synonymous with New York City’s real estate landscape, began his career in the industry in the late 1980s. Born and raised in the Bronx, Barnett’s entrepreneurial spirit was evident from an early age. After graduating from New York University with a degree in economics, he started his career as a real estate broker, working his way up the ladder in various firms before deciding to venture out on his own.

In the early 1990s, Barnett established his own company, Extell Development, with a focus on acquiring and developing residential and commercial properties in Manhattan. His first major project was the conversion of a former office building into luxury condominiums, a move that not only marked the beginning of his success but also set the stage for his future endeavors. Barnett’s ability to identify potential in underutilized properties and transform them into high-end, sought-after addresses quickly gained him recognition in the real estate community, paving the way for his rise to fame.

**Gary Barnett Extell’s Current Net Worth (2025)**

As of 2025, Gary Barnett, the renowned real estate developer, has an estimated net worth of $5.5 billion, according to the latest available information.

**Gary Barnett’s Career**

Gary Barnett, born in 1957, is a prominent figure in New York City’s real estate landscape. He founded Extell Development in 1989, which has since become one of the city’s leading development firms. Barnett is known for his luxury high-rise projects, including One57, Central Park Tower, and 217 West 57th Street.

**Gary Barnett’s Other Ventures**

Beyond Extell, Barnett has invested in various other ventures. He co-founded the real estate-focused private equity firm, Square Mile Capital, in 2004. Barnett also serves on the boards of several prominent organizations, including the Real Estate Board of New York and the Museum of the Moving Image.

**Gary Barnett’s Assets**

Barnett’s assets primarily consist of his stake in Extell Development and its projects. Some of his most valuable assets include the One Manhattan Square development in Two Bridges, and the 1,550-foot Central Park Tower, which is currently the tallest residential building in the Western Hemisphere.

**Gary Barnett’s Annual Income**

Gary Barnett’s annual income is largely derived from Extell Development’s projects. While the exact figure is not publicly disclosed, it’s estimated to be in the tens of millions of dollars, given the scale and success of his developments.

Frequently Asked Questions about  Gary Barnett Extell

Frequently Asked Questions about Gary Barnett Extell

1. What is Gary Barnett’s net worth?

Gary Barnett’s net worth is estimated to be around $5 billion.

2. How did Gary Barnett make his fortune?

Gary Barnett made his fortune through real estate development, particularly in the luxury residential market in New York City. He is the founder and chairman of Extell Development Company.

3. What is Extell Development Company?

Extell Development Company is a real estate development firm founded by Gary Barnett in 1989. It is known for developing high-end residential and commercial properties in New York City.

4. What are some of Extell’s notable projects?

Some of Extell’s notable projects include One57, a supertall skyscraper on Billionaires’ Row in Manhattan, and Central Park Tower, which is currently the tallest residential building in the world.

5. Where was Gary Barnett born and raised?

Gary Barnett was born and raised in Israel. He moved to the United States in the 1980s.

6. What is Gary Barnett’s educational background?

Gary Barnett has a degree in economics from the Hebrew University of Jerusalem.

7. Is Gary Barnett married?

Yes, Gary Barnett is married. He has three children.

8. What is Gary Barnett’s philanthropic work like?

Gary Barnett is involved in various philanthropic activities, including supporting medical research and educational institutions. He has also donated to causes related to Israel.

9. How tall is Gary Barnett?

Gary Barnett is 5 feet 10 inches (178 cm) tall.

10. What is Gary Barnett’s political affiliation?

Gary Barnett has made political donations to both Democratic and Republican candidates, suggesting he may be a political moderate.