Tony Malkin Net Worth (Updated 2025).

Tony Malkin, born into a prominent real estate family, began his career at a young age, working alongside his father at Malkin Holdings. After graduating from the Wharton School of the University of Pennsylvania, Malkin joined the family business full-time, eventually taking over as CEO in 1994. Under his leadership, the company grew significantly, becoming one of New York City’s largest and most respected property owners. Malkin’s innovative approach to real estate, coupled with his ability to navigate the complex NYC market, brought him widespread recognition in the industry.

Tony Malkin’s Current Net Worth (2025)

As of 2025, Tony Malkin’s net worth is estimated to be $1.5 billion, according to Forbes. This figure is subject to change and may not reflect his most recent financial status.

Career

Tony Malkin is the CEO and Chairman of Malkin Holdings, a real estate investment and management firm. He has been instrumental in the growth and success of the company, which manages over 10 million square feet of commercial properties in the United States. Malkin’s career spans over three decades, during which he has overseen numerous acquisitions and developments, including the iconic Empire State Building.

Other Ventures

In addition to his real estate endeavors, Malkin has invested in various other ventures. He is a co-owner of the NBA’s New York Knicks and the WNBA’s New York Liberty. Malkin is also involved in philanthropic efforts, serving on the boards of several charitable organizations, including the Empire State Building Observatory Fund, which supports educational and cultural programs.

Assets

Malkin’s assets primarily consist of his real estate holdings, including the Empire State Building and other commercial properties. Additionally, he owns a significant stake in Madison Square Garden, the home of the New York Knicks and New York Rangers. Malkin’s personal residence, a penthouse in the Empire State Building, is also one of his notable assets.

Annual Income

As the CEO and majority owner of Malkin Holdings, Tony Malkin’s annual income is substantial. However, the exact figure is not publicly disclosed. According to estimates, his annual earnings from the company alone could be in the tens of millions of dollars. Additionally, his investments in sports teams and other ventures contribute to his overall income.

Frequently Asked Questions about  Tony Malkin

Frequently Asked Questions: Tony Malkin Net Worth

1. What is Tony Malkin’s net worth?

Tony Malkin’s net worth is estimated to be around $1.5 billion.

2. How did Tony Malkin make his fortune?

Tony Malkin inherited his wealth from his father, Peter Malkin, who founded the real estate company Empire State Realty Trust. Tony Malkin is the current CEO of the company.

3. What is Empire State Realty Trust?

Empire State Realty Trust is a real estate investment trust that owns and manages office properties in New York City. It is one of the largest owners of office properties in the city.

4. What other businesses is Tony Malkin involved in?

In addition to Empire State Realty Trust, Tony Malkin is also involved in other real estate ventures and philanthropic efforts. He is the founder of the Malkin Family Foundation, which supports various charitable causes.

5. How old is Tony Malkin?

Tony Malkin was born on April 21, 1961, making him 61 years old.

6. Where did Tony Malkin grow up?

Tony Malkin grew up in New York City and attended the Trinity School and Harvard University.

7. Is Tony Malkin married?

Yes, Tony Malkin is married to his wife, Laura Malkin. They have three children together.

8. What is Tony Malkin’s political affiliation?

Tony Malkin is a registered Democrat.

9. What is Tony Malkin’s philanthropic work like?

Tony Malkin is involved in various philanthropic efforts, including supporting education, healthcare, and social justice causes. He is the founder of the Malkin Family Foundation, which has donated to organizations such as the Robin Hood Foundation and the New York Public Library.

10. What is Tony Malkin’s stance on climate change?

Tony Malkin has been an advocate for sustainability and climate change action. He has implemented green initiatives at Empire State Realty Trust, including installing energy-efficient windows and LED lighting at the Empire State Building.