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New Money: 5% Real Estate
About 5 percent of those with ultra-high-net-worths are making money in real estate. This includes the billionaire owner of Manhattan’s prestigious 9 W. 57th tower, Sheldon Solow, as well as Ted Lerner, known for building shopping malls in the D.C. suburbs.
![](https://www.wealthmanagement.com/sites/wealthmanagement.com/files/styles/gal_landscape_main_2_standard/public/New%20Money_%205%20Real%20Estate.jpg?itok=QpIxL1q3)