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Alan Casden Net Worth 2017, Biography & Wiki
Alan Casden is an American self made businessman who has a net worth of $1.2 billion. He grew to wealth as a property developer that has assembled more than 90,000 multi-family flats since the 1980s. Revealing exceptional abilities in the area, he was the one to start the business’s office in San Francisco in 1969. Later on, he accepted to work with flat developer Robert Mayer and using the financial support in the Belzberg family of Canada, he finally took over the business. By 1980, he purchased Belzberg family’s whole interest and renamed the business Casden Properties, LLC. With headquarters in Beverly Hills, California, Casden Properties is now among the biggest multi-family developers in America. He found a decline of $700 million in his net worth from last year due to a protracted break up with investing associate Cerberus Partners, a New York private equity firm. Nevertheless, Casden still possesses 3,100 high-end flats in the Los Angeles region and has strategies to develop an apartment and retail complex in West Hollywood. Also, he’s a collector of classic Jewish coins plus one of a handful of billionaires trying to buy the Los Angeles Dodgers.