Rick Caruso has been a big donor to the fields of healthcare, education and community development. He’s given money to institutions, including the University of Southern California, and causes that look to increase educational access for children from low-income families.
The majority of Rick Caruso’s investments have been focused on his real estate development company, Caruso (owned via publicly traded Caruso Affiliated Holdings), which has developed a number of large, high-end retail and residential properties, securing hundreds of millions in profit.
Table of Contents
Biography
| Aspect | Details |
|---|---|
| Full Name | Rick Joseph Caruso |
| Net Worth | $5.78 billion – $7.9 billion (as of 2025) |
| Age | 66 years old (born January 7, 1959) |
| Height | Not publicly disclosed |
| Education | Greg, Justin, Alex, and Gianna |
| Profession | Real Estate Developer, Philanthropist |
| Founder Of | Caruso, a real estate development company |
| Notable Projects | The Grove, Americana at Brand, Palisades Village |
| Public Service | Former President, LA Board of Police Commissioners |
| Spouse | Tina Caruso |
| Children | Greg, Justin, Alex, Gianna |
| Residence | Brentwood, Los Angeles, California |
| Political Involvement | Ran for Mayor of Los Angeles (2022) |
| Philanthropy | Donations to USC, healthcare, and education initiatives |
Net Worth
Rick Caruso has an estimated net worth of $4 billion as of April 2017. As of 2025, Rick Caruso’s net-worth estimates are $5.78 billion, which ranks him 559th on the global billionaire’s list. $7.9 billion, according to the Los Angeles Business Journal.
Age and Height
He is 66 years old as of this year, and Rick Caruso is his real name. The American entrepreneur has been alive for 24,070 days or 577,693 hours on January 7,1959.
Education
- I earned a Bachelor of Science from the University of Southern California (USC) in 1980.
- 1983: J.D. Pepperdine University School of Law
Career
- Founder and CEO: Caruso, a real estate development company founded in 1987, responsible for The Grove and Americana at Brand.
- Public Service: Commissioner for the Los Angeles Department of Water and Power and the Los Angeles Board of Police Commissioners, President-Elect.
Wife and Children
- Spouse: Tina Caruso.
- Four children: Greg, Justin, Alex, and Gianna.
- Brentwood, Los Angeles, California.
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FAQs
What type of businesses has Rick Caruso invested in?
The majority of Rick Caruso’s investments have been focused on his real estate development company, Caruso.
Has Rick Caruso ever been in politics?
Yes, Rick Caruso ran for mayor of Los Angeles in 2022 but lost.
