Richard Livingstone and his brother Ian built London & Regional into a multibillion-dollar property group, expanding from entrepreneurial beginnings into hotels, offices, residential projects and large international developments. [1][2]
Property expertise became the base for a founder-created fortune
Forbes describes Richard and Ian as the sons of a dentist and says Richard trained as a chartered surveyor, placing his professional background in property before the brothers accumulated billionaire-scale assets. [1]
The Evening Standard reported that the brothers built London & Regional into a global property empire with assets worth more than £4 billion by 2012, rather than inheriting an existing real-estate group of that scale. [2]
Forbes identifies London & Regional as the source of Richard's wealth and lists a portfolio of London shops, hotels and apartments shared with Ian, documenting the accumulated asset base behind the fortune. [1]
The portfolio broadened through international development
Forbes highlights the Panama Pacifico master-planned project with Jaime Gilinski Bacal, which is designed to combine residential property, industrial parks and retail and commercial space on a large former air-base site. [1]
The brothers also own hotel interests in major U.S. markets and have pursued redevelopment projects such as Albert Island in London. Those projects show a long-running pattern of property investment and development rather than passive ownership of a single inherited asset. [1]
Sources for background
Sources reviewed Oct 2, 2026.
- Richard Livingstone · Forbes · Mar 10, 2026
- London brothers behind a £4 billion secret empire · London Evening Standard · Mar 30, 2012
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