Jay Paul
Jay Paul Real Time Net Worth – as of 10/9/17
$ 2.6 B
So that his buildings serve as homes for world-famous companies like Microsoft, Amazon and Google, Jay Paul is virtually unknown. Over the past 40 years the publicity-shy San Francisco-based builder has quietly amassed an estimated $ 1.5 billion net worth by satiating the desire for high-end office space among Silicon Valley’s top tech firms.
Now 67, Paul lap up in Rhode Island and followed his father into the savings-and-loan business before getting into real estate. He started building offices in Silicon Valley in the early 1980s with partners. These days he builds alone nearly a million square feet of office space, plus a smattering of retail, with an equal amount under development. Paul and his company declined to comment on his net worth.
n 1975, he founded Jay Paul Company, a prively held real estate development company based in San Francisco and focused on California.
His privately held Jay Paul Co. has built 8 million square feet of office space in Silicon Valley, and has 6 million more in the pipeline. It’s organizations vast campuses in Sunnyvale, Calif. For Apple and Google. The later sure already leases more than a million square feet of office space from Jay Paul Co. Paul’s first project in San Francisco, a 56-story tower with offices and luxury condos, is slated to open in 2017.
Paul, who is divorced and has no children, lives in San Francisco’s affluent Pacific Heights neighborhood and owns two yachts. He also has a stake in a private jet.
Despite his success, he’s shunned public attention.
“He’s just a private person who does not want a lot of fanfare,” Mahoney says. “He does not want to waste a lot of time on anything that’s not productive.
With Google alone looking to add several thousand new workers per year in the Bay Area, Paul seems well positioned for further growth – and the spotlight will get get harder to evade.
