Facts of Rick Caruso
| Date of Birth : | |
|---|---|
| Age : | 66 years old |
| Family Name : | Caruso |
| Birth Country : | United States |
Relationship short Statistics of Rick Caruso
| What is Rick Caruso marital status ? ( married,single, in relation or divorce): | Married |
|---|---|
| How many children does Rick Caruso have ? (name): | 0 Children |
| Is Rick Caruso having any relationship affair ?: | No |
| Is Rick Caruso Gay ? | No |
Richard "Rick" Joseph Caruso was born on January 7, 1959, and is an American billionaire businessman, real estate magnate, and philanthropist. He is the visionary founder and executive chairman of Caruso, the development company behind some of the world's most renowned upscale outdoor shopping and lifestyle centers. His net worth as of early 2025 stands at $4 billion to $7.9 billion.
Caruso also currently serves as the chairman of the board of trustees at the University of Southern California. Caruso devoted his life to Los Angeles and established himself as the most prominent real estate developer and civic leader in the city.
Family, Philanthropy, and Trojan Pride
Besides boardrooms and rallies, Caruso has a wife, Tina, with whom he has four children.
He is very committed to giving back, mostly to his alma mater, the University of Southern California, of which he was chair of the board of trustees, shaping up the future and inspiring new leadership.
From Dollar Rent-A-Car Roots to Real Estate Dreams
Born and raised in the City of Angels, Rick Caruso's story is about as L.A. as they come: his father Henry built Dollar Rent-A-Car from scratch; his mother, Gloria, used to model on billboards. Rick did it his way, first securing a Bachelor of Science degree at the University of Southern California in 1980, followed by a Juris Doctor (J.D.) degree from Pepperdine University School of Law in 1983-a perfect amalgamation of commercial acumen combined with the potential for legal knowledge that would build his future.
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Building More Than Just Bricks: Crafting Experiences
But Caruso wasn't just about putting up buildings; he wanted to create destinations. In 1987, he founded Caruso, a real estate development company that would rewrite the rules of the shopping experience. Think open-air promenades, dancing fountains, and a thoughtfully curated retail and dining mix.
Projects such as The Grove at Farmers Market, Americana at Brand, and Palisades Village make them community focal points rather than just places of shopping. One can experience why locals and visitors alike come here with a peculiar blend of commerce and entertainment.
From Boardroom to City Hall? The 2022 Mayoral Bid
In 2022, he traded in the building blueprints for plans to navigate Caruso Leadership, Los Angeles style. When Rick Caruso announced his bid for mayor this election year, he promised some sanity would return to handling the entrenched woes that seem so characteristic of his city. The voters favored another path forward in the final vote, selecting Karen Bass over his spirited race toward City Hall.
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