Simon Property Group Net Worth (Updated 2026).

Simon Property Group, a name now synonymous with global retail real estate, began its journey in the late 1960s as a small-scale shopping center developer in the United States. Founded by Melvin Simon and his brothers, Herb and Fred, the company started with a vision to create inviting, community-focused shopping destinations. Their first project, a 280,000 square foot shopping center in Indianapolis, Indiana, laid the foundation for what would become a retail empire.

Simon Property Group’s Current Net Worth (2025)

As of 2025, Simon Property Group’s current net worth is estimated to be around $70 billion, according to the latest available data. This figure reflects the company’s extensive portfolio of retail real estate and its strong financial performance.

Career

Founded by Melvin Simon and his brothers in 1960, Simon Property Group has since grown to become the largest retail real estate investment trust (REIT) in the United States. The company’s portfolio includes over 230 properties across North America, Europe, and Asia, totaling approximately 190 million square feet of retail space.

Other Ventures

In addition to its core retail real estate business, Simon Property Group has diversified its operations to include investments in other asset classes. The company has interests in office properties, industrial facilities, and even a stake in the luxury retailer Neiman Marcus Group.

Assets

Simon Property Group’s extensive portfolio includes iconic retail properties such as Roosevelt Field in Garden City, New York, and the Galleria in Houston, Texas. The company’s assets also comprise various shopping centers, outlet centers, and premium outlets across the globe.

Annual Income

In 2024, Simon Property Group reported total revenue of approximately $7.5 billion, with funds from operations (FFO) reaching around $3.3 billion. These figures reflect the company’s strong financial performance and its ability to generate significant income from its retail real estate portfolio.

Frequently Asked Questions about  Simon Property Group

**Frequently Asked Questions: Simon Property Group Net Worth**

1. What is the net worth of Simon Property Group?

Simon Property Group’s net worth is estimated to be around $65 billion.

2. Who is the founder of Simon Property Group?

The Simon Property Group was founded by Melvin Simon and his brother, Herbert Simon, in 1960.

3. What does Simon Property Group primarily deal with?

Simon Property Group is primarily involved in the ownership, management, and development of retail real estate. They own and manage over 230 properties across North America, Europe, and Asia.

4. What are some of the well-known brands under Simon Property Group?

Simon Property Group’s portfolio includes well-known brands like Simon Mall, Premium Outlets, Mills, and The Shops at Crystals.

5. How many employees does Simon Property Group have?

As of 2021, Simon Property Group employs approximately 5,000 people.

6. What is the stock symbol for Simon Property Group?

The stock symbol for Simon Property Group is SPG on the New York Stock Exchange (NYSE).

7. How does Simon Property Group generate revenue?

Simon Property Group generates revenue through rental income from its properties, property management services, and development activities.

8. What is the company’s annual revenue?

Simon Property Group’s annual revenue is around $6 billion.

9. Where is Simon Property Group’s headquarters located?

The company’s headquarters is located in Indianapolis, Indiana, USA.

10. What is the company’s market capitalization?

As of 2021, Simon Property Group’s market capitalization is around $45 billion.