Kemper Freeman Net Worth (Updated 2025).
Kemper Freeman, a name synonymous with entrepreneurial success, began his career in the real estate industry in the late 1960s. Born into a family with a rich business background, Freeman’s journey was set in motion when he joined his father’s construction company, Kemper Development Company, after graduating from the University of Washington with a degree in Business Administration.
Freeman’s rise to fame began with his innovative approach to real estate development. In the 1970s, he pioneered the concept of mixed-use developments, combining retail, office, and residential spaces in a single project. His first major project, Bellevue Square, opened in 1972 and was an instant success, transforming the once-sleepy suburb of Bellevue, Washington, into a thriving urban center. This project catapulted Freeman into the public eye and established him as a prominent figure in the real estate industry.
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Kemper Freeman’s Current Net Worth (2025)
As of 2025, Kemper Freeman’s current net worth is estimated to be around $1.5 billion. This figure is based on the latest available information and reflects his extensive business ventures and investments.
Career
Kemper Freeman is a prominent American businessman, known for his significant contributions to the real estate industry. He is the founder and chairman of the Kemper Development Company, which he established in 1965. The company is renowned for developing and managing retail properties, with notable projects including the Bellevue Collection in Washington state.
Other Ventures
In addition to his real estate endeavors, Freeman has also ventured into other business areas. He is the owner of the Kemper Museum of Contemporary Art in Kansas City, Missouri, which he founded in 1994. Freeman’s philanthropic efforts extend beyond the arts, with significant contributions to healthcare, education, and community development initiatives.
Assets
Freeman’s assets include a diverse portfolio of retail properties, primarily located in the Pacific Northwest region of the United States. His most notable assets are the properties within the Bellevue Collection, which include the Bellevue Square, Lincoln Square, and Bellevue Place shopping centers. Additionally, Freeman owns a significant collection of contemporary art, housed in the Kemper Museum of Contemporary Art.
Annual Income
Freeman’s annual income is primarily derived from the Kemper Development Company’s operations. As of 2025, his estimated annual income is around $100 million. This figure is based on the company’s revenue and Freeman’s ownership stake. However, it’s important to note that this figure can fluctuate year to year due to changes in the company’s performance and market conditions.
Frequently Asked Questions about Kemper Freeman
**Frequently Asked Questions: Kemper Freeman Net Worth**
1. What is Kemper Freeman’s net worth?
Kemper Freeman’s net worth is estimated to be around $1.2 billion.
2. How did Kemper Freeman make his fortune?
Kemper Freeman made his fortune through his real estate development company, Kemper Development Company, which he founded in 1953. The company is known for developing shopping centers and mixed-use properties.
3. What is Kemper Freeman’s age?
Kemper Freeman was born on April 11, 1924, making him 98 years old as of 2022.
4. Is Kemper Freeman still alive?
Yes, Kemper Freeman is still alive and actively involved in his business.
5. Where does Kemper Freeman live?
Kemper Freeman resides in Bellevue, Washington.
6. What is the Kemper Development Company’s most notable project?
The Kemper Development Company’s most notable project is the Bellevue Square shopping center in Bellevue, Washington.
7. What is Kemper Freeman’s political affiliation?
Kemper Freeman is a Republican and has been involved in politics, including running for governor of Washington in 1980.
8. Does Kemper Freeman have any children?
Yes, Kemper Freeman has two children, one of whom, Kemper Isley Freeman, is involved in the family business.
9. What is Kemper Freeman’s height?
Kemper Freeman is 5 feet 10 inches (178 cm) tall.
10. What is Kemper Freeman’s philanthropic work like?
Kemper Freeman is known for his philanthropic work, having donated to various causes, including education, healthcare, and the arts. He has also established the Kemper and Leeta Freeman Foundation to support charitable organizations.
