85. Richard Le­frak & fam­ily

Forbes - - PROMOTION — DAN FRANCIS -

Le­frak has ex­panded his fam­ily’s for­tune by mak­ing multi-decade bets on mas­sive real es­tate projects. His hold­ings in­clude Le­frak City—a 20-build­ing, 5,000-unit apart­ment com­plex in Queens—and New­port, 300 acres of mixed-use devel­op­ment in New Jersey. Pres­i­dent Trump re­port­edly tapped Le­frak, his long­time friend, for his in­fra­struc­ture coun­cil be­fore it was aban­doned in Au­gust.

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