U.S. real estate tycoons couldn’t keep up with their billionaire peers in the pandemic era.
Let’s ponder data from my trusty spreadsheet tracking the ups and downs in the combined wealth of the nation’s 20 richest individual property owners.
Collectively, the 20 tycoons were worth $97 billion in Forbes’ 2021 accounting — or an average $4.9 billion each. That was up $13 billion — an average gain of $700 million per tycoon — over 12 dramatic months of a global battle against coronavirus.
