The LeFraks – $6B
LeFrak, the real estate empire, is the claim to fame of this mighty family. The parents of the present CEO Richard Lefrak were the founders of the company. The firm is known for essentially reconstructing Jersey City. LeFrak has expanded to different parts of the country in the past three decades, however. They have many projects in Beverly Hills and South Beach are in the hands of the firm. Richard now runs the day-to-day operations as the company chairman. His two sons, Harrison and James, are the vice-chairmen. It remains privately owned, which keeps the earnings firmly in the pocket of the family.
The LeFraks – $6B
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