Gary Melius Net Worth (Updated 2025).

Gary Melius, a name that has become synonymous with real estate development in the Hamptons, began his career in an unlikely place: the New York City subway system. Born and raised in Brooklyn, Melius started working as a subway token booth clerk in the late 1970s, an experience that honed his customer service skills and instilled in him a strong work ethic.

Melius’s big break came in the early 1980s when he decided to pursue real estate. He started by buying and renovating small apartment buildings in Brooklyn, gradually building a reputation for his keen eye for potential and meticulous attention to detail. His first major project was the transformation of a dilapidated warehouse in Williamsburg into a thriving commercial space, which caught the attention of investors and set the stage for his move to the Hamptons.

Gary Melius’s Current Net Worth (2025)

As of 2025, Gary Melius’s current net worth is estimated to be around $2.5 billion, according to Forbes. This significant wealth accumulation is primarily attributed to his successful career in real estate and investments.

Career

Gary Melius, a prominent figure in the real estate industry, began his career in the 1980s. He is the founder and chairman of Melius Companies, a real estate development and investment firm based in New York. Melius is known for his involvement in high-profile projects, including the redevelopment of the former Rheingold Brewery site in Brooklyn. His strategic approach and ability to identify profitable opportunities have been instrumental in his career growth.

Other Ventures

Beyond real estate, Melius has diversified his portfolio to include investments in various industries. He is a co-owner of the New York Islanders hockey team and has interests in technology and finance sectors. Additionally, Melius is a philanthropist, contributing to causes such as education and healthcare through the Gary Melius Foundation.

Assets

Gary Melius’s assets include prime real estate properties across the United States, stakes in businesses, and a significant art collection. His real estate portfolio consists of commercial and residential properties, with notable holdings in New York City. Melius’s art collection is diverse, featuring works from renowned artists like Jackson Pollock and Willem de Kooning.

Annual Income

Gary Melius’s annual income is estimated to be around $100 million, primarily derived from his real estate investments and development projects. His income also stems from his other ventures, including his stake in the New York Islanders and his investment portfolio. However, it’s important to note that Melius’s income can fluctuate annually due to the nature of his investments and business deals.

Frequently Asked Questions about  Gary Melius

Frequently Asked Questions: Gary Melius Net Worth

1. What is Gary Melius’ net worth?

Gary Melius’ net worth is estimated to be around $500 million.

2. How did Gary Melius make his fortune?

Gary Melius made his fortune through various business ventures, including real estate development and investments in the hospitality industry.

3. Where does Gary Melius live?

Gary Melius resides in the Hamptons, New York.

4. What is the name of Gary Melius’ real estate development company?

Gary Melius is the founder and CEO of Melius Companies, a real estate development and investment firm.

5. Has Gary Melius been involved in any controversies?

Yes, Gary Melius has been involved in several controversies, including disputes with neighbors and local authorities over his real estate developments.

6. What is Gary Melius’ philanthropic work like?

Gary Melius has been involved in various philanthropic efforts, including donating to local charities and supporting community initiatives in the Hamptons.

7. Is Gary Melius married?

Yes, Gary Melius is married. He has been married to his wife, Mindy, for several decades.

8. Does Gary Melius have any children?

Yes, Gary Melius has two children with his wife, Mindy.

9. What is Gary Melius’ educational background?

Gary Melius graduated from the University of Pennsylvania with a degree in economics.

10. What is Gary Melius’ age?

Gary Melius was born in 1953, making him 69 years old.