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January 23, 2014- The Real Deal blog reports on a list they made that tries to rank the top-ten wealthiest real estate moguls in the city. The dollar amounts are not nearly in the same league as hedge fund moguls, who make several billion per year, so New York still is a Wall Street man’s game.
Or perhaps not. On the flip side, the risk of real estate is much lower, so one could say that these real estate families have a better long-term business.
By the way, where’s Donald Trump? He has the biggest mouth of them all.