Jay Paul

Joseph "Jay" Paul[2] (born 1947/1948) is an American billionaire real estate developer.

Jay Paul
Born
Joseph Paul

1947/1948 (age 72–73)[1]
NationalityAmerican
Alma materBoston University
OccupationReal estate developer
Known forFounder, Jay Paul Company
Net worthUS$3.2 billion (February 2019)[1]
Spouse(s)Divorced

Early life

Jay Paul is a native of Rhode Island.[3][4] He has a bachelor's degree from Boston University.[1] In the 1970s Paul moved to Southern California to help save his father's troubled investments, a savings-and-loan business.[3][4] As a result of saving the investments, he formed and founded Jay Paul Company in 1975.[3]

Career

Jay Paul Company, a privately held real estate development company based in San Francisco, and focused on California.[5] In the early years of Jay Paul Co. he invested in purchasing inexpensive office spaces.[3]

As of February 2019, Paul's net worth is estimated at $3.2 billion.[1]

Personal life

Paul is divorced, has no children, lives in the Pacific Heights neighborhood of San Francisco, California, and owns two yachts.[1][4] In 2012, he bought his Pacific Heights home for about $28 million, which underwent a large remodel for many years.[3][6]

Paul is known as a very private person and does not give many interviews.[3]

References
  1. "Forbes profile: Jay Paul". Forbes. Retrieved 10 February 2019.
  2. Grossman, Matt (2018-10-12). "Silicon Valley Office Complex, Home to Amazon, Lands $500M Refi". Commercial Observer. Retrieved 2019-02-10. Representatives for Jay Paul, which is led by its founder Joseph Paul, did not respond to inquiries.
  3. "Developer cashes in with office campuses". Bloomberg News, Finance & Commerce. 2014-07-03. Retrieved 2019-02-10.
  4. Savchuk, Katia. "Risk-taking Silicon Valley Developer Scores Tech Tenants, Emerges As Billionaire". Forbes. Retrieved 2019-02-10.
  5. "About Us". Jay Paul Company. Archived from the original on 28 July 2015. Retrieved 14 September 2015.
  6. "SF Gold Coast neighbors unhappy developer hasn't finished his own house". SFChronicle.com. 2018-09-03. Retrieved 2019-02-10.
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