Rick Caruso

Rick Caruso

Rick Caruso (#710)

Global Rank #710
Country Rank #273
Country United States

What guides my strategy is my love for the human spirit and connecting what we do to how people live their lives. I never viewed it as a complicated formula.

  • $ 6 B
  • Real estate
  • United States
  • M
  • 67 Years

Snapshot

Quick Facts

Global Rank #710
Country Rank #273
Net Worth $5.9B
Previous Worth $5.9B
Worth Change +$0.0B
Country United States
Industry Real estate
Age 67 Years
Gender M
Worth As Of May 4, 2026
Residence Los Angeles, California
Citizenship United States
World Billionaires List United States Billionaires Real estate

Profile Data

Personal Stats

Age 67
Source Of Wealth Real estate, Self Made
Self Made Score 7
Philanthropy Score 2
Residence Los Angeles, California
Citizenship United States
Marital Status Married
Children 4
Education Doctor of Jurisprudence, Pepperdine University; Bachelor of Arts/Science, University of Southern California
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $5.9B
Current Net Worth $5.9B

Worth as of May 4, 2026

About Me

Rick Caruso is a Los Angeles real estate developer who has built some of the country's most successful shopping centers. Caruso ran for mayor of Los Angeles in 2022 and advanced to the run-off, where he lost to former Democratic Rep. Karen Bass. Three of Caruso's retail centers--The Grove, The Americana and Palisades Village--rank among the 15 largest in the country in sales per square foot. The grandson of Italian immigrants, Caruso opened a retail center in 1992 and has more recently expanded into residential, office and hospitality. In 2020, Caruso served on both White House and state-level task forces on how to safely reopen the economy after Covid-19. In February 2025, he launched the nonprofit Steadfast LA with other business and community leaders to help rebuild areas destroyed by the 2025 Los Angeles wildfires.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Rick Caruso.

#712
Billionaires (2026)
#255
Forbes 400 (2025)

Insights

Did You Know?

His father, Henry Caruso, founded Dollar-Rent-a-Car. As a teenager Rick washed cars at an airport rental center.

Caruso served as president of the Los Angeles Police Commission and commissioner for the Los Angeles Department of Water and Power.

Wealth Growth

Net Worth Growth Over Time

Tracking Rick Caruso'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: $5.9B (May 4, 2026)

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