Donald Bren Biography– Donald Leroy Bren (born May 11, 1932) is the chairman and owner of the Irvine Company, a real estate development firm in the United States. Bren has a net worth of $17.1 billion, which places him at number 112 on the Forbes Billionaires List for 2022.
Marion Newbert and Milton Bren are the parents of Bren. His father, Milton, was a naval officer, talent agency, and renowned movie producer, while his mother, Marion, was a well-known civic figure. His mother was of Irish ancestry, and his father was of Jewish ancestry.
In 1948, his parents split. Bren’s father remarried in 1948 to Claire Trevor, an Academy Award-winning actress. Earle M. Jorgensen, a steel businessman, remarried his mother in 1953. Bren earned his bachelor’s degree in business administration and economics from the University of Washington.
He was a member of the fraternity Beta Theta Pi. He tried out for the 1956 Olympic ski team but was unable to make the team due to injury. He joined the United States Marine Corps after college and served as an officer.
Who is Donald Bren?
Donald Bren is a multibillionaire American businessman with a net worth of $17.1 billion.
His parents separated in 1948, and he was born in Los Angeles, California, to Marion, a famous civic leader, and Milton Bren, a successful movie producer and navy officer.
His parents both remarried, his father to actress Claire Trevor in 1948 and his mother to steel businessman Earle M. Jorgensen in 1953.
He obtained a bachelor’s degree in business administration and economics from the University of Washington when he was younger.
He tried out for the Olympic ski team in 1956, but was unable to qualify due to injuries.
After graduating from college, he joined the United States Marine Corps as an officer. With a $10,000 loan, he constructed his own home in Newport Beach two years later.
Donald Bren Net Worth: How much does he have?
Donald Bren is a wealthy American businessman with a net worth of $17.1 billion USD. Donald Bren, the chairman of the Irvine Group, is the richest real estate developer in the United States.
He is also well-known for his philanthropic actions, having given more than $1 billion to numerous charities and foundations.
Donald Bren Career
He founded the Bren Company the same year he began his career. His firm used to specialize in home construction in Orange County, California.
A few years later, he and two others formed the Mission Viejo Company (MVC) and purchased 10,000 acres in Mission Viejo, California, to construct the city.
He was president of MVC from 1963 to 1967, and his firm, Bren Co, was sold to International Paper for $34 million. Following the recession, the business sold Bren Co. to him for $22 million two years later.
In the same year that he started his work, he formed the Bren Company. In Orange County, California, his firm used to concentrate in home construction.
He and two others founded the Mission Viejo Company (MVC) a few years later and bought 10,000 acres in Mission Viejo, California, to build the city.
From 1963 to 1967, he was president of MVC, and his company, Bren Co, was sold to International Paper for $34 million. Two years after the recession, the company sold Bren Co. to him for $22 million.
The property portfolio includes hotels, marinas, golf courses, 60,000 apartments, more than 40 shopping malls, and 500 office buildings.
Donald Bren Age: How old is he?
Donald Bren age is 90 years, born on May 11, 1932 in Los Angeles, California, United States. Bren receivedthe “Donald Bren Legacy of Giving Award” from the National Philanthropy Day of Orange County in 2010.
Bren talked on his charity activities at the time, saying, “I try to give both my humanitarian and business ventures the same level of attention.”
Donald Bren Wife: Brigitte Bren
Donald Bren is married to Brigitte Bren. Brigitte is a California-based entertainment lawyer. In 1998, the pair married in a church ceremony at All Saints Episcopal Church in Beverly Hills.
The pair has a home in Newport Beach, California. In the year 2003, they were blessed with a son.Donald Bren’s first wife, Diane, gave birth to three children during their marriage.
After the birth of their second child in 1960, the couple divorced. Cary Bren (1959) and Steve Bren (1959) are the couple’s two children (1960).