Steve Soboroff Net Worth (Updated 2025).

Steve Soboroff’s career trajectory began in the 1970s when he started working as a journalist for the Los Angeles Times. He quickly rose through the ranks, demonstrating an uncanny ability to break complex stories into engaging, accessible narratives. His work caught the attention of television networks, leading to his transition into broadcasting. Soboroff’s charisma and insightful commentary made him a sought-after figure in the industry, eventually landing him a prominent role as a news anchor for CNN.

Steve Soboroff’s Current Net Worth (2025)

As of 2025, Steve Soboroff’s current net worth is estimated to be $200 million, according to the latest available information. This significant wealth is a result of his successful career and various business ventures.

Career

Steve Soboroff is a prominent figure in the real estate industry, with a career spanning over four decades. He co-founded the Soboroff Organization, a real estate development and investment company, in 1979. The company has since grown to become one of the largest privately-held real estate firms in the United States. Soboroff has also served as the President of the Los Angeles Police Commission, demonstrating his commitment to public service.

Other Ventures

In addition to his real estate pursuits, Soboroff has ventured into various other industries. He is the founder of the Soboroff Foundation, a non-profit organization dedicated to supporting education, health, and community initiatives. Soboroff has also served as a director on several corporate boards, including those of public companies like KB Home and CapitalSource.

Assets

Soboroff’s assets include a diverse portfolio of real estate properties across the United States. These properties range from residential developments to commercial buildings and retail centers. He also has significant investments in various industries, including technology and finance. His personal residence, a lavish estate in Beverly Hills, California, is valued at over $20 million.

Annual Income

While the exact figure of Steve Soboroff’s annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This income is derived from the profits of the Soboroff Organization, dividends from his investments, and his compensation from various corporate boards he serves on. His annual income has significantly contributed to his total net worth over the years.

Frequently Asked Questions about  Steve Soboroff

**Frequently Asked Questions: Steve Soboroff Net Worth**

1. **What is Steve Soboroff’s net worth?**

Steve Soboroff’s net worth is estimated to be around $500 million.

2. **How did Steve Soboroff make his money?**

Soboroff made his fortune through real estate development and investments. He is the founder and chairman of Soboroff Organization, a real estate development company.

3. **Where is Steve Soboroff from?**

Soboroff was born and raised in Los Angeles, California.

4. **What is Steve Soboroff’s age?**

Steve Soboroff was born on December 15, 1942, making him 80 years old.

5. **Is Steve Soboroff married?**

Yes, Steve Soboroff is married to his wife, Sheryl Soboroff.

6. **Does Steve Soboroff have children?**

Yes, Steve Soboroff has two children, a daughter named Alana and a son named Scott.

7. **What is Steve Soboroff’s educational background?**

Soboroff graduated from the University of California, Los Angeles (UCLA) with a Bachelor of Arts degree in Political Science.

8. **What is Steve Soboroff’s involvement with the Los Angeles Police Foundation?**

Soboroff served as the president of the Los Angeles Police Foundation from 2013 to 2017. He played a significant role in improving the relationship between the LAPD and the community.

9. **What are some of the notable real estate projects developed by Steve Soboroff?**

Some of Soboroff’s notable projects include the development of the Hollywood & Highland complex and the renovation of the historic Grauman’s Chinese Theatre.

10. **What are Steve Soboroff’s philanthropic efforts?**

Soboroff is known for his philanthropic work, particularly in the areas of education, healthcare, and community development. He has donated to various causes and organizations throughout his career.