7. Ted Lerner
Net Worth: $5.3 billion
Forbes 400 position: 90
We are continuing our list of most successful real estate billionaires in America with Ted Lerner that is the largest landlord in Washington DC and the richest person in Maryland. Considering that his company, Lerner Enterprises, was started with a $250 loan from his wife, Annette M. Lerner, Lerner has done quite well. A World War 2 veteran, he has attended George Washington University after finishing his stint with the US Army. At first, Lerner was focused on flipping properties and later on in his career, he decided that he wants to build them as well. In 2006, he became the owner of theWashington Nationals. He also has stakes in NHL Washington Capitals, WNBA Washington Mystics, and NBA Washington Wizards.
