BillionaireNet
family
G
Rank #1236
UNITED STATESreal-estateReal estate, investments

George Argyros & family

Net Worth
$3.27B
-0.01% (24h)
George Argyros, a prominent figure in American business, diplomacy, and philanthropy, has built a substantial fortune through real estate and investments. Born in Detroit and raised in Pasadena, California, this second-generation American of Greek descent earned a business degree from Chapman University. His career began with real estate ventures, leading to the founding of Arnel & Affiliates, a major real estate firm. Argyros's achievements extend beyond business; he served as the U.S. Ambassador to Spain and Andorra and owned the Seattle Mariners. With an estimated net worth of $3.3 billion, Argyros continues to be a significant philanthropist, supporting educational institutions and the arts.

The Full Dossier

Early Life

George Leon Argyros was born on February 4, 1937, in Detroit, Michigan, to Greek immigrant parents. Raised in Pasadena, California, he developed a strong work ethic from a young age. He worked throughout high school to help support his family.

Rise to Success

Argyros graduated from Chapman University in 1959 with a degree in business and economics. He started his career in real estate in 1962, buying and selling property. In 1968, he established Arnel & Affiliates, a real estate development and investment company based in Costa Mesa, California. The company owns a significant portfolio of apartments and commercial properties. Argyros's business acumen also led him to own the Seattle Mariners baseball team from 1981 to 1989.

Key Business Strategies

Argyros's success is attributed to his strategic investments in real estate and a keen understanding of market trends. His company, Arnel & Affiliates, has focused on acquiring and managing a large portfolio of properties, generating significant revenue. He has also demonstrated a knack for identifying and capitalizing on investment opportunities in addition to the Real Estate business.

Philanthropy

George Argyros and his wife, Julia, are notable philanthropists. They have made significant donations to Chapman University, including the naming of the Argyros School of Business and Economics, as well as the Argyros Forum. They have also supported the arts through donations to the Segerstrom Center for the Arts and other organizations. The Argyros family has donated to Hoag Hospital and the city of Hope Orange County. In 2024, the family donated $15 million to Hoag's Julia Argyros Center for Nursing Excellence.

Career Timeline

2001

Appointed Ambassador to Spain

Served as the U.S. Ambassador to Spain and Andorra.

1981

Bought Seattle Mariners

Acquired the Seattle Mariners baseball team.

1968

Founded Arnel & Affiliates

Established Arnel & Affiliates, a real estate development and investment company.

1962

Entered Real Estate

Started buying and selling real estate.

1959

Graduated from Chapman University

Earned a degree in Business and Economics.

Philanthropic Impact

Education$10M

Chapman University

Donation to elevate the business school to the George L. Argyros College of Business and Economics (2023).

Healthcare$15M

Hoag's Julia Argyros Center for Nursing Excellence

Gift to fund continuing education for nurses (2024).

ArtsUndisclosed

Segerstrom Center for the Arts

Support for the Julianne and George Argyros Plaza and Center for Dance and Innovation.

Wealth Trajectory