BillionaireNet
Neal
Pat Neal
Rank #2811
UNITED STATESConstruction & EngineeringHomebuilding

Pat Neal

Net Worth
$1.223B
0% (24h)
Pat Neal is a prominent figure in the Florida real estate industry, recognized for his significant contributions to homebuilding and community development. As the founder and chairman of Neal Communities, a private homebuilding company established in 1970, Neal has built a successful career in real estate. With an estimated net worth of $1.2 billion, he has focused on acquiring land ahead of growth and has built over 25,000 homes and lots in Southwest Florida. Neal's career has been marked by leadership roles in the Florida Senate and his commitment to philanthropy, donating over $7 million to local community organizations. He is a graduate of the Wharton School of Finance at the University of Pennsylvania and is known for his hands-on approach to business and his commitment to building quality homes with great attention to detail.

The Full Dossier

Early Life

Pat Neal was born in Des Moines, Iowa, in 1949. He earned a bachelor's degree in economics from the Wharton School of the University of Pennsylvania. During his time in college, Neal had an early interest in business, and he pursued various ventures. Before graduating, Neal worked on his first real estate project with his father.

Rise to Success

Neal founded Neal Communities in 1970. From 1974 to 1986, Neal served in the Florida House of Representatives and the Florida Senate. Neal's company has built over 25,000 homes and lots in Southwest Florida. In 2024, Neal Communities was ranked #4099 on the Inc. 5000 list of fastest-growing private companies in America. Neal has been recognized for his philanthropic efforts, with his company contributing more than $7 million to local community organizations. In May 2024, Neal received the Hearthstone BUILDER Humanitarian Award.

Key Business Strategies

Neal's business strategy is based on a hands-on approach and attention to detail. His focus on middle and upper-middle-income customers has been a winning strategy. He focuses on quality and attention to detail and being environmentally sensitive. Neal reinvests in his own company, Neal Communities, and is known for investing in land ahead of growth.

Philanthropy

Pat Neal is a major philanthropist, donating over $7 million in charitable giving to local community organizations over the past decade. In 2021, Pat and his wife Charlene completed a $1 million commitment to the Boys & Girls Clubs of Manatee County. In 2024, Neal donated a total of $350,000 to the Conservation Foundation of the Gulf Coast.

Career Timeline

2024

Hearthstone BUILDER Humanitarian Award

Awarded the 2024 Hearthstone BUILDER Humanitarian Award.

2015

Builder of the Year

Neal Communities received the Builder of the Year award from Professional Builder Magazine.

2012

America's Best Builder

Neal Communities was recognized as America's Best Builders by Builder Magazine.

1974-1986

Florida State Legislator

Served in the Florida House of Representatives (1974-1978) and Florida Senate (1978-1986).

1970

Founded Neal Communities

Founded Neal Communities, a private Florida homebuilder.

Philanthropic Impact

Youth Development$1M

Boys & Girls Clubs of Manatee County

Completed a $1 million commitment to the Boys & Girls Clubs of Manatee County

Environmental Conservation$0.35M

Conservation Foundation of the Gulf Coast

Donated a total of $350,000 to the Conservation Foundation of the Gulf Coast

Wealth Trajectory