Age, Biography and Wiki
Joseph Chetrit is a real estate investor and developer who was born in Morocco in 1957. He is the founder and chairman of Chetrit Group, a real estate development and investment firm based in New York City. He is also the founder and chairman of Chetrit Ventures, a venture capital firm.
Chetrit is estimated to have a net worth of $2.5 billion, making him one of the wealthiest people in the world. He has made his fortune through his real estate investments and development projects. He has invested in a variety of properties, including office buildings, hotels, and residential properties.
Chetrit is married to his wife, Miriam, and they have three children. He is a philanthropist and has donated to a variety of causes, including education, health, and the arts. He is also a member of the board of directors of the American Friends of the Israel Museum.
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
66 years old |
| Zodiac Sign |
Sagittarius |
| Born |
10 December, 1957 |
| Birthday |
10 December |
| Birthplace |
Morocco |
| Nationality |
United States |
We recommend you to check the complete list of Famous People born on 10 December.
He is a member of famous with the age 66 years old group.
Joseph Chetrit Height, Weight & Measurements
At 66 years old, Joseph Chetrit height not available right now. We will update Joseph Chetrit's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Simon Chetrit Alice Chetrit |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Michael Chetrit |
Joseph Chetrit Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Joseph Chetrit worth at the age of 66 years old? Joseph Chetrit’s income source is mostly from being a successful . He is from United States. We have estimated
Joseph Chetrit's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
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Joseph Chetrit Social Network
Timeline
In 2013, he and his partner David Bistricer, purchased the Sony Tower in New York City for $1.1 billion with plans to convert the building into condominiums. In 2016, they halted the project due to fears of an over-supply of luxury housing; instead selling the building for $1.4B+ to the Olayan Group of Saudi Arabia. Additional projects include the renovation of the Temple Court Building and Annex with Charles Dayan; and the $290 million 2005 purchase along with partners Charles Dayan and Yair Levy of the 800,000 square foot historic 620 5th Avenue and its 2011 sale to RXR Realty, LLC for $500 million;
In 2011, after a disagreement, the Chetrit brothers divided the family business into two entities with Joseph and Meyer operating under the Chetrit Group; and Jacob and Juda under the Chetrit Organization. Also in 2011, partnering with David Bistricer, he purchased the Chelsea Hotel for $80 million; they sold their interest in 2013.
Other purchases include Park West Village on the Upper West Side, the International Toy Center on Madison Square Park, 500 and 512 Seventh Ave. in the Garment District, and the Caledonian Hospital complex in Sunset Park, Brooklyn. In 2009, Chetrit purchased a portion of the real estate portfolio of prolific Brooklyn real estate developer Isaac Hager who declared bankruptcy.
Chetrit was born to a Jewish family in Morocco to Simon and Alice Chetrit. He has four brothers: David, Meyer, Jacob and Juda Chetrit. The Chetrit family made their initial fortune in textiles and shipping. In 1996, his father and his brother David were arrested and jailed in Morocco for smuggling and were cited as an example of injustice by the U.S. State Department in their annual human rights report. They were pardoned and released in 1998.
Chetrit arrived in the United States initially tasked with furthering the family's textile business working as an importer/exporter. After pleading guilty to one felony count of violating customs laws in 1990 (and being sentenced to three years’ probation), he turned to real estate assembling a portfolio of outer-borough residential properties which he sold for $70 million in the early 1990s. In 1994, he entered into his first commercial real estate transaction, purchasing an office building on West 44th Street for $13 million. In 2002, he partnered with Brooklyn-based Simon Dushinsky's Rabsky Group to develop a portfolio of properties he purchased out of bankruptcy in Williamsburg, Brooklyn. In 2004, Chetrit was the lead investor in a group that purchased the 110-story Sears Tower in Chicago for $840 million with partners Joseph Moinian, and Israel Gluck, eventually changing the name to the Willis Tower in 2009.
