Legal News

Two Former Lawyers Added to Forbes 400 List
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Rick Caruso

Summary: The Forbes 400 List of wealthiest Americans adds two new members with J.D.’s.

Forbes released its list of the 400 wealthiest Americans this past week. On the list are two former lawyers. To make the cut, you have to be worth approximately $1.7 billion. Practicing lawyer, Texan Joe Jamail Jr., fell off this year, with his net worth weighing in at $1.65 billion.

  
What
Where


New to the list this year is Rick Caruso, a real estate developer in Los Angeles. He is the son of Dollar-Rent-A-Car founder Henry Caruso and is estimated to be worth $3.5 billion, putting him at number 171. Caruso is the founder and CEO of Caruso Affiliated Holdings, which owns and manages some of the most prestigious properties in the state of California, including The Grove at Farmers Market in L.A., The Lakes at Thousand Oaks, and The Americana Brand.

Caruso started out working in the corporate finance department at Finley, Kumble, Wagner, Underberg, Manley, Myerson & Casey after graduating from Pepperdine University School of Law. The firm was once the largest in the country before its collapse in 1987. By 1995, his law license became inactive because he was busy working in the real estate industry.

The other former lawyer added to the list is San Francisco real estate developer Sanford Diller. His net worth is listed at $1.66 billion, good enough for the No. 392 spot. His California license became inactive 2004. He had graduated from the University of California, Berkeley’s Hastings College of Law before starting his real estate group in 1965. His daughter now runs the company. It’s one of the largest in San Francisco, owning around 12,000 apartment units in California, Oregon, and Seattle.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Diller and his late wife were heavily involved in philanthropic endeavors, establishing their own nonprofit called The Helen Diller Family Foundation. The foundation supports Jewish causes in the San Francisco Bay Area.

Source: http://www.americanlawyer.com/id=1202738768998/King-of-Torts-Falls-Off-Forbes-400-But-ExFinley-Kumble-Lawyer-Rises?slreturn=20150902162927



Photo: forbes.com



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-level Tax Associate Attorney

USA-CA-Los Angeles

Los Angeles office of an AmLaw firm seeks mid-level tax associate attorney with 3-5 years of experie...

Apply Now

Real Estate/Transactional Attorney

USA-PA-Camp Hill

Camp Hill office of our client seeks real estate/transactional attorney with experience. The candida...

Apply Now

Corporate Attorney

USA-WY-Laramie

Laramie office of our client seeks corporate attorney with 2+ years of experience.

Apply Now

RELEVANT JOBS

Commercial Real Estate Attorney

USA-NY-New York City

Midtown, mid-sized real estate law firm seeks experienced Commercial Real Estate Attorney with 5 or ...

Apply now

Real Estate Tax Certiorari Attorney

USA-NY-New York City

Midtown, mid-sized law firm seeks experienced Real Estate Tax Certiorari Attorney in its high volume...

Apply now

Commercial Litigation Attorney

USA-NY-New York City

Midtown, mid-sized law firm is seeking a Commercial Litigation Attorney with a minimum of 3 years of...

Apply now

Associate Attorney

USA-WA-Kennewick

Extremely busy Tri Cities, WA law firm announces a new opening for an associate attorney.  We p...

Apply now

SEARCH IN ARCHIVE

To Top