Forbes

DAVID WALENTAS

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$2.5

BILLION  SELF-MADE SCORE: ) SOURCE: REAL ESTATE AGE: 81 RESIDENCE: NEW YORK CITY PHILANTHRO­PY SCORE: After a stroke left his father paralized, 6-year-old Walentas spent time on neighborin­g farms near Rochester, New York, as he puts it, “milking cows and shoveling s--t for my room and board.” Years later, in 1979, the hardscrabb­le developer borrowed $12 million to buy two million square feet in New York’s heavily industrial Dumbo neighborho­od, now a hot location in Brooklyn. He credits his son Jed, the CEO of Walentas’ Two Trees real estate firm, with spearheadi­ng the company’s Domino Sugar Factory developmen­t, where Walentas says his new skyscraper at One South First has started leasing out apartments.

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