British army told to stop non-essential training exercises to save money Hugging Face goes from a ‘scrappy’ startup named after an emoji to $13 billion Nvidia acquisition AI visionary Ray Kurzweil is joining a Silicon Valley startup developing a brain computer system that involves snorting nano particles The IRS slashed its staff. One result? More taxes going uncollected Big tech is investing millions in data centers and saving a quick tax buck while doing it—leaving some states collecting revenue loss GoPro joins AI bonanza with pivot into data centers as shares skyrocket 38% The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’ Penn. Gov. Shapiro says too many data center developers 'don't care about our communities' OpenAI to end model access to Cursor after acquisition by Elon Musk's SpaceX The $40 trillion national debt is growing while Social Security goes broke—because wealthy Boomers are collecting over $100k in benefits per year

David Lichtenstein

David Lichtenstein

David Lichtenstein (#2106)

Global Rank #2106
Country Rank #717
Country United States

You don't have to be too bright to get into real estate.

  • $ 2 B
  • Real estate
  • United States
  • M
  • 64 Years

Snapshot

Quick Facts

Global Rank #2,106
Country Rank #717
Net Worth $2.0B
Previous Worth $2.0B
Worth Change +$0.0B
Country United States
Industry Real estate
Age 64 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 28 Aug 2026, 12:00 AM
Residence Monsey, New York
World Billionaires List United States Billionaires Real estate

Profile Data

Personal Stats

Age 64
Source Of Wealth Real estate, Self Made
Self Made Score 9
Residence Monsey, New York
Citizenship United States
Marital Status Married
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $2.0B
Current Net Worth $2.0B

Worth as of May 4, 2026

About Me

Real estate mogul David Lichtenstein first racked up $89,000 in credit card debt to purchase a two-story, multi-family home in New Jersey in 1986. Today his Lightstone Group oversees some 23,000 rental units across 120 properties across 28 states. Lightstone is also developing a new brand of millenial-focused city hotels with Marriott, called Moxy. Its Times Square location opened in 2017. In 2007 he paid $7.4 billion in debt and $200 million in equity for Extended Stay America, a chain of mid-priced hotels. The recession forced Extended Stay into bankruptcy protection; Lightstone later sold 20 malls for $2.3 billion.

Insights

Did You Know?

The son of Brooklyn public school teachers, Lichtenstein never went to college.

He got into the real estate business because his 19-year-old wife was pregnant and he thought he could make money quickly.

Wealth Growth

Net Worth Growth Over Time

Tracking David Lichtenstein's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $2.0B (May 4, 2026)

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