David Walentas | |
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Born | 1938 (age 78–79) Rochester, New York, United States |
Residence | New York City, United States |
Nationality | American |
Alma mater | University of Virginia |
Net worth | US$1.99 billion (October 2015) |
Spouse(s) | Jane Zimmerman |
Children | Jed Walentas |
David Walentas (born 1938) is an American billionaire real estate developer.
Walentas was born to a Jewish family in Rochester, New York. When he was five, his postal worker father suffered a stroke in his 30s and was left paralyzed. His mother had to work two jobs, and David and his older brother Peter went to live on nearby farms, "milking cows and shoveling shit," as "an indentured orphan." He eventually went to the University of Virginia and received a bachelor's degree in mechanical engineering.
With his Two Trees Management company, Walentas has transformed the DUMBO area of Brooklyn.
As of October 2015, he had a net worth of US$1.99 billion.
Walentas is married with two children and lives in New York City. He is "a passionate polo player". His wife Jane (nee Zimmerman) is an artist. His son Jed Walentas is CEO of Two Trees.