Jorge Perez

$2.64 B

Ranked #1536 in World

About Jorge Perez

Renowned real estate titan Jorge M. Pérez, an Argentine-born magnate with Cuban-Spanish heritage, leads the Related Group, Florida's preeminent builder of affordable housing. An alumnus of Long Island University and the University of Michigan, Pérez has shaped South Florida's skyline with over 90,000 residences. His firm has generated significant revenues, reaching $2.1 billion in 2004, while also expanding its real estate ventures into Latin America. A fervent art enthusiast and humanitarian, Pérez has made notable donations to the Miami Art Museum, earning its rechristening as the Pérez Art Museum Miami.

Born

October 17, 1949 in Buenos Aires, Argentina

Age

76 years

Source Of Wealth

Real Estate

Industries

Real Estate

Citizenship

United States

Residence

Miami, Florida

Education

Bachelor of Arts/Science, CW Post College; Master of Science, University of Michigan

Spouse

Darlene Pérez

Children

Jorge M. Pérez was born on October 17, 1949, in Buenos Aires, Argentina, to Cuban parents of Spanish origin. He moved to Miami in 1968, where he would later establish himself as a prominent real estate developer.

Jorge Perez: Family

Pérez is married to Darlene Pérez, and they have four children together. He is also a friend and former business partner of Donald Trump, although he has been publicly critical of the Trump presidency and its policies.

Jorge Perez: Career Highlights

Pérez founded Related Group in 1979 with Stephen M. Ross. The company built and operated low-income multifamily apartments across Miami, becoming the largest affordable housing builder in Florida. It later branched off into rental apartments and became one of the most prolific high-rise condo builders in the Southern United States.

Pérez has developed or managed more than 90,000 residences, mostly in South Florida. He has worked with renowned designers, architects, and firms, including Philippe Starck, Cesar Pelli, Arquitectonica, David Rockwell, Rem Koolhaas, and Karim Rashid.

Related Group had $2.1 billion in revenue in 2004, making Pérez the top Hispanic Business 500. He is also an active Democratic fund raiser and has advised Bill Clinton on Cuba and supported Hillary Clinton's presidential campaign. He hosted and raised money for Barack Obama after he became the Democratic presidential nominee.

During the financial crisis of 2007-2010, Pérez set up a hedge fund to buy distressed real estate. His firm has since built projects in Argentina, Brazil, Panama, Uruguay, and Mexico.

Some of the notable skyscraper condo projects completed by Related Group include 50 Biscayne, Icon Brickell, Icon South Beach, Murano at Portofino, and Paraiso Bay. The company is currently expanding into Tampa, West Florida, Dallas, Denver, Las Vegas, Phoenix, and other major Texas markets.

Jorge Perez: Companies

Pérez is the chairman and CEO of Related Group, a real estate development company that he founded in 1979.

The company is headquartered in Miami, Florida, and has built or managed more than 90,000 residences, mostly in South Florida.

Jorge Perez: Major Achievements

Pérez is considered one of the most successful real estate developers in the United States. He has been recognized for his contributions to the industry with numerous awards, including the Ernst & Young Entrepreneur of the Year Award in 2004 and the Urban Land Institute Lifetime Achievement Award in 2018.

Pérez is also a philanthropist and art collector. He donated $35 million to the Miami Art Museum in 2011, leading to its renaming as the Pérez Art Museum Miami (PAMM). He donated an additional $15 million to PAMM in 2016, including $5 million in Cuban contemporary art. Pérez has pledged to donate his entire collection to PAMM after his death.

Jorge Perez: Awards & Achievements

Pérez has received numerous awards and recognitions for his contributions to the real estate industry and philanthropy. Some of his notable awards include:

Ernst & Young Entrepreneur of the Year Award (2004)
Urban Land Institute Lifetime Achievement Award (2018)
Hispanic Businessman of the Year Award (2005)
National Association of Home Builders Hall of Fame (2010)
Miami Dade College Medal of Distinction (2011)
Florida International University Medal of Honor (2012)

Jorge Perez: Personal Life & Legacy

Pérez lives in Miami, Florida, with his wife, Darlene Pérez. He is an avid art collector and philanthropist, and he has made significant contributions to the Miami Art Museum and other cultural institutions in the city.

Pérez's legacy is one of entrepreneurship, innovation, and philanthropy. He has transformed the Miami skyline with his iconic buildings and has made a lasting impact on the city's cultural landscape.

Jorge Perez: Trivia

Pérez holds a bachelor's degree in economics from Long Island University C.W. Post Campus and a master's degree in urban planning from the University of Michigan.

He is a licensed real estate broker in Florida.
Pérez is a member of the board of directors of several organizations, including the Miami Art Museum, the University of Miami, and the Greater Miami Chamber of Commerce.
He is the author of the book "Powerhouse Principles: The Ultimate Blueprint for Real Estate Success in an Ever-Changing Market" (2008).
In 2019, Pérez opened El Espacio 23, a 28,000-square-foot experimental art space in Miami's Allapattah neighborhood.
In 2021, Pérez donated $33 million to The Miami Foundation from the sale of his waterfront estate.

Wealth History

Timeline

October 17, 1949

Jorge M. Pérez is born in Buenos Aires, Argentina to Cuban parents of Spanish origin.

1968

Jorge M. Pérez moves to Miami.

1979

Jorge M. Pérez founds Related Group with Stephen M. Ross.

2004

Related Group has $2.1 billion in revenue, making Pérez the top Hispanic Business 500.

2007-2010

Jorge M. Pérez sets up a hedge fund to buy distressed real estate during the financial crisis.

2011

Jorge M. Pérez donates $35 million to the Miami Art Museum, leading to its renaming as the Pérez Art Museum Miami (PAMM).

2016

Jorge M. Pérez donates an additional $15 million to PAMM, including $5 million in Cuban contemporary art.

2019

Jorge M. Pérez opens El Espacio 23, a 28,000-square-foot experimental art space in Miami's Allapattah neighborhood.

2021

Jorge M. Pérez donates $33 million to The Miami Foundation from the sale of his waterfront estate.

Jorge Perez : FAQs

What is Jorge Perez's current net worth?

Jorge Perez's current net worth is $2.64 billion.

What is Jorge Perez's current global rank among billionaires?

Jorge Perez holds the 1536th position globally among billionaires.

What is Jorge Perez's current ranking within the United States?

Jorge Perez holds the 537th position in United States.

What was the change in Jorge Perez's net worth compared to the previous year?

Jorge Perez's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 2.64 billion dollars.

What are Jorge Perez's main sources of wealth?

Jorge Perez's main source of income comes from Real Estate.

In which industry does Jorge Perez primarily operate?

Jorge Perez is primarily involved in the Real Estate industry.

What is Jorge Perez educational background?

Jorge Perez holds a Bachelor of Arts/Science from CW Post College and a Master of Science from the University of Michigan.

How old is Jorge Perez?

Jorge Perez is 76 years old.

How many children does Jorge Perez have?

Jorge Perez has 4 children.

Who is Jorge M. Pérez and what is his connection to Miami?

Jorge M. Pérez is a prominent real estate developer, born to Cuban parents in Buenos Aires and moved to Miami in 1968. He's known for founding Related Group and transforming Miami's skyline, especially through his high-rise condo projects.

What are some of Jorge Pérez’s notable contributions to the world of real estate?

Jorge Pérez’s Related Group is Florida's largest affordable housing builder and he's a major high-rise condo developer in the Southern U.S., with notable projects like 50 Biscayne and Icon Brickell. He's also renowned for working with top designers and expanding into markets beyond South Florida.

How has Jorge M. Pérez influenced the art scene in Miami?

Jorge M. Pérez is a significant art patron in Miami, having contributed $35 million to the Miami Art Museum, leading to its renaming as Pérez Art Museum Miami (PAMM). He's also pledged his entire art collection to PAMM and opened El Espacio 23, an experimental art space.

What are some key aspects of Jorge M. Pérez's background and education?

Jorge M. Pérez was born in Argentina to Cuban parents and he holds a bachelor's degree in economics and a master's degree in urban planning. His education has undoubtedly shaped his successful career in economics and real estate development.

How has Jorge Pérez combined his career in real estate with his passion for philanthropy?

Jorge Pérez has intertwined his career with philanthropy by donating millions to the arts and affordable housing initiatives. His contributions include large donations to PAMM, the opening of El Espacio 23, and a substantial gift to The Miami Foundation.