David Walentas

About David Walentas

Birth Year: 1938
Birth Place: New York, New York, United States
Residence: New York City, United States
Alma mater: University of Virginia
Spouse(s): Jane Zimmerman
Children: Jed Walentas

David Walentas Net Worth

David Walentas was bornon 1938 in New York, New York, United States. David Walentas founded Two Trees Management, which is best known for transforming Brooklyn Neighborhoods Dumbo and Williamsburg. Walentas owns 20 properties across Dumbo, Brooklyn Heights, Williamsburg, and Manhattan. In the late 1970s he borrowed $12 million to buy 2 million square feet of old industrial buildings in an unpopular part of Brooklyn. It became Dumbo. He acquired the Domino Sugar refinery's 11 acres for $185.5 million in 2012 and is turning it into a big complex. The first tower opened in July 2017. Walentas, a passionate polo player, works closely with his son Jed, who became CEO of Two Trees in 2011.
David Walentas is a member of Real Estate

💰 Net worth: $2.1 Billion (Updated at 22 June 2018)

2014 $1.7 Billion
2015 $2 Billion
2016 $2 Billion
2017 $2 Billion
2018 $2.1 Billion

Biography/Timeline

2015

As of October 2015, he had a net worth of US$1.99 billion.