BillionaireNet
Miller
Stuart Miller
Rank #3017
UNITED STATESConstruction & EngineeringHomebuilding

Stuart Miller

Net Worth
$1.076B
-3.11% (24h)
Stuart Miller is the Executive Chairman and Co-Chief Executive Officer of Lennar Corporation, a major U.S. homebuilder, with a net worth estimated at $1.3 billion. His source of wealth is homebuilding, building more than 1 million homes across the United States. Miller, a graduate of Harvard University and the University of Miami Law School, joined Lennar in 1982. He served as CEO from 1997 to 2018, significantly growing the company. His career has been marked by key achievements, including expanding Lennar's operations and guiding the company through market challenges. Miller's leadership has been instrumental in Lennar's success and diversification.

The Full Dossier

Early Life and Education

Stuart A. Miller was born on August 8, 1957. He is the son of Leonard Miller, who founded Lennar Corporation. Miller earned a bachelor's degree from Harvard University in 1979 and a law degree from the University of Miami in 1982.

Rise to Success

After graduating from law school, Miller joined Lennar Corporation in 1982. He served as the President of the Homebuilding and Investment and Commercial Properties Division from 1991 to October 1997. He then became CEO of Lennar in April 1997, a position he held until April 2018. During his tenure as CEO, Miller oversaw the acquisition of several homebuilding companies, doubling the size of Lennar. He also guided Lennar through the spin-off of its commercial real estate business, LNR Property Corporation.

Key Business Strategies

Miller's leadership was instrumental in Lennar's strategic moves. He focused on acquiring properties at reduced prices during the 1990s market crash. He oversaw the company's expansion into new markets and the acquisition of several regional homebuilders. Lennar has expanded its homebuilding operations and introduced innovative features for buyers. Miller co-founded East Rock, a family office, in 2005.

Philanthropy

Stuart Miller has been involved in philanthropy. He served on the boards of the Alonzo Mourning Charities and the Overtown Youth Center. He was the Chairman of the 2013 Dolphins Cycling Challenge, which benefited the Sylvester Comprehensive Cancer Center. He also serves as Co-Chairman of the Miami Dolphins Foundation.

Career Timeline

2018

Executive Chairman

Assumed the role of Executive Chairman.

1997

CEO of Lennar Corporation

Took over as CEO, leading the company's expansion and strategic initiatives.

1991

President of Homebuilding and Investment Divisions

Became President of both Homebuilding and Investment and Commercial Properties Divisions.

1982

Joined Lennar Corporation

Began his career at Lennar after graduating from law school.

Philanthropic Impact

CommunityUndisclosed

Alonzo Mourning Charities Board Member

Served as a board member.

CommunityUndisclosed

Overtown Youth Center Board Member

Served on the board.

HealthUndisclosed

Dolphins Cycling Challenge Chairman

Chaired the 2013 event, benefiting the Sylvester Comprehensive Cancer Center.

CommunityUndisclosed

Miami Dolphins Foundation

Co-Chairman of the Miami Dolphins Foundation.

Wealth Trajectory