Ted Lerner & family

$6.65B

as of 02/13/23

About Ted Lerner & family

In 1952, a 26-year-old Ted Lerner borrowed $250 from his wife to start a real estate company, selling homes for developers.

He sold 22,000, then decided to become a builder. Today his Lerner Enterprises is among the largest owners of real estate in the Washington, D.C area.

Since 2006 Lerner has owned the Washington Nationals baseball team. In June 2018, Ted passed control of the team to son Mark.

The family donates to charities including Children's National Hospital in DC, George Washington University and Hebrew University in Jerusalem.

During law school, Lerner sold real estate on weekends to help support his widowed mother and younger siblings.

Personal stats

Citizenship

United States of America

Source of wealth

real estate

Birth date

10/15/25

Number of children

Education

Associate in Arts/Science, George Washington University; LLB, George Washington University

Self-made

self-made