Ben Ashkenazy

Ben Ashkenazy (born 1968/69) is an American billionaire real estate developer. He is the founder, CEO, and majority owner of Ashkenazy Acquisition Corporation, which has a $12 billion property portfolio.

Ben Ashkenazy
Born1968/1969 (age 51–52)[1]
Israel
NationalityAmerican
Alma materAdelphi University (did not graduate)
OccupationBusinessman
Known forFounder, CEO and majority owner of Ashkenazy Acquisition Corporation
Net worthUS$3.8 billion (November 2019)[1]
Spouse(s)Debra Ashkenazy
Children3
Parent(s)Izzy Ashkenazy

Early life

Ashkenazy was born in Israel, and grew up in Lawrence, Long Island, New York, the son of Izzy Ashkenazy, also a real estate businessman.[2][3]

Career

Ashkenazy bought his first property at the age of 18.[2][3] He attended night classes at Adelphi University, but did not graduate.[2]

In 1987, he founded Ashkenazy Acquisition Corporation.[2]

In 2013, his company bought London's Old Spitalfields Market, but later sold it.[3] In July 2017, the company bought London's Grosvenor House Hotel for about $750 million.[4][3]

His company holds a long-term lease agreement with the City of Boston for Boston's Faneuil Hall Marketplace, leases Washington DC's Union Station, and has a $70 million stake in New York's Plaza Hotel.[3][5]

In November 2019, his company purchased the 83,923-square-foot Ferndale Shopping Center in Larchmont for a price exceeding $35 million.[6]

Personal life

He is married to Debra Ashkenazy, they have three children, and live on New York City's Fifth Avenue.[1][5][7]

He hired the pop singer Drake to sing at his daughter's bat mitzvah in the Rainbow Room.[1][3]

References
  1. "Forbes profile: Ben Ashkenazy". Forbes. Retrieved 26 November 2019.
  2. "Ben Ashkenazy". Retrieved 27 December 2017.
  3. "New York's Plaza Hotel Is in the Sights of This Shy Billionaire". 14 September 2017. Retrieved 27 December 2017 – via www.bloomberg.com.
  4. "Ben Ashkenazy". Retrieved 27 December 2017.
  5. "Does Ashkenazy have an inside track at the Plaza?". Retrieved 27 December 2017.
  6. Katz, Peter (2019-11-19). "Ashkenazy buys Ferndale Shopping Center; second in Westchester in two weeks". Westfair Communications. Retrieved 2020-03-24.
  7. "Who's the Boss?". Retrieved 27 December 2017.


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