⬅ # 108 John Fredriksen|# 110 Dustin Moskovitz ➡

# 109 Donald Bren 

$17.9B

Real Time Net Worth
as of 5/13/2024
-$170 (-0.00%)

# 109 Donald Bren 

$17.9B

Real Time Net Worth
as of 5/13/2024
-$170 (-0.00%)
OccupationChair, Irvine Company
Source of WealthReal Estate
Age92
ResidenceNewport Beach, California
Marital StatusMarried
Children7
EducationBS, University of Washington
Age-Adjusted Net Worth$2.05B
Donald Bren
Donald Bren
United States
Net worth: $17.9B

Self-Made Score 

Wealth History

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Biography

Personal Life

Donald Leroy Bren was born on May 11, 1932, to Marion Newbert and Milton Bren.
He graduated from the University of Washington with a bachelor's degree in business administration and economics.
Bren served as an officer in the United States Marine Corps after college.
He has been married three times and has children from his marriages, including sons Cary and Steve.
Bren's current wife is Brigitte Muller, and they reside in Newport Beach, California.

Career

In 1958, Bren started the Bren Company to build homes.
He co-founded the Mission Viejo Company in 1963, developing the city of Mission Viejo, California.
International Paper bought Bren Co. for $34 million in 1970 and sold it back to him for $22 million in 1972.
In 1977, Bren joined a consortium to purchase the Irvine Company, becoming its largest shareholder.
By 1996, he bought out the remaining shares to become the sole owner of the Irvine Company.
Bren's real estate investments have shaped the landscape of Orange County, earning him significant influence.

Conservation

Bren donated 55,000 acres of land for parks, greenways, and preserves, fulfilling his commitment to preserve over 50% of historic Irvine Ranch.
He has been ranked on 'Green Rich List' for his environmental contributions.
In 2008, the state of California designated the protected land as the first California Natural Landmark.
Bren completed a significant donation of 20,000 acres to Orange County in 2010.

Research

Bren made a $2.5 million commitment to the Burnham Institute for Medical Research in 2007.
He expressed interest in exploring solar energy as a potential future philanthropic gift.

How long would it take you to become as rich as Donald Bren?

If you started with $10,000 and invested an additional $500 each month at a 44.01% CAGR, it would take you 5 years to reach Donald Bren's net worth of $17.9B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 40.45% compared to 10.08% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Donald Bren is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Donald Bren, Real Estate is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey