Igor Olenicoff

$7.74B
as of 07/05/24

About Igor Olenicoff

Igor Olenicoff was born in Iran, where his tzarist-connected parents had moved to escape the Soviet Revolution. He moved to the U.S. at age 15 and eventually built up a substantial real estate empire.

His Olen Properties owns 8 million square feet of office space and 17,000 residential units in California and seven other U.S. states.

Olenicoff's daughter and heir-apparent, Natalia Ostensen, assists in running the day-to-day operations.

In 2007, Olenicoff pleaded guilty to lying on his tax return about keeping $200 million in offshore accounts, and agreed to pay $52 million in back taxes and fraud penalties.

Personal stats

Citizenship

United States of America

Source of wealth

Real estate

Residence

Lighthouse Point, Florida

Marital status

Married

Birth date

09/20/42 (age 81)

Number of children

2

Education

Bachelor of Arts/Science, University of Southern California; Master of Business Administration, University of Southern California; Master of Science, University of Southern California

Self-made

self-made

Igor Olenicoff’s fortune is worth

129K

troy ounces of gold

119K

median U.S. household

77K

median U.S. income

0.155%

U.S. credit card volume

0.031%

GDP of the United States

0.023%

United States debt

Net worth history

Annual ranking

Did you know?

When his family arrived in the U.S. in 1957, they had 4 suitcases and $800.

Net worth over time

Real-time ranking

Images © Forbes.com. All rights reserved.