Age, Biography and Wiki

Michael Shvo was born on 29 December, 1972 in Arsuf, Israel, is an American real estate developer. Discover Michael Shvo's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 51 years old?

Popular As N/A
Occupation Real Estate Developer
Age 51 years old
Zodiac Sign Capricorn
Born 29 December 1972
Birthday 29 December
Birthplace Arsuf, Israel
Nationality Israel

We recommend you to check the complete list of Famous People born on 29 December. He is a member of famous with the age 51 years old group.

Michael Shvo Height, Weight & Measurements

At 51 years old, Michael Shvo height not available right now. We will update Michael Shvo's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Michael Shvo's Wife?

His wife is Seren Shvo

Family
Parents Not Available
Wife Seren Shvo
Sibling Not Available
Children Emma Shvo, Judah Youval Shvo

Michael Shvo Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Michael Shvo worth at the age of 51 years old? Michael Shvo’s income source is mostly from being a successful . He is from Israel. We have estimated Michael Shvo's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income

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Timeline

1953

Additional developments in New York included the Bryant Park Tower, The Lumiere on 53rd Street in Manhattan, Gramercy Starck designed by Philippe Starck, Jade by Jade Jagger, Fultonhaus, as well as Amangiri in Utah and Nizuc in Mexico.

He was known for creating the marriage of fashion and real estate with his project 20 Pine Armani Casa, where Armani was hired to design the interior of the building.

1972

Michael Shvo (born December 29, 1972) is a real estate developer based in New York City with offices in Miami, San Francisco, Los Angeles, and Chicago.

1996

In 1996, he emigrated to the United States from Israel with only $3,000.

Shvo initially managed a fleet of taxis prior to landing a job as a real-estate broker with Douglas Elliman, the largest brokerage in New York.

2003

In 2003, at the age of 30, he achieved more than $300 million in sales from more than 400 deals, becoming the firm's top broker.

He created his own group within the firm and managed a staff of 27 people.

From 2003 through 2008, he performed $15 billion in real estate transactions worldwide, including Nurai, a private island off the coast of Abu Dhabi.

2004

He is the Chairman and CEO of SHVO, a real estate development company he founded in 2004.

Shvo was raised in Arsuf, Israel, by parents who were both chemistry professors.

He completed his military service in Israel and received a B.A. in finance at Bar-Ilan University.

Shvo left the firm in 2004 to launch his own international real estate firm, SHVO.

His firm develops high end properties internationally.

SHVO is a real estate development company founded by Michael Shvo in 2004.

It purchases and develops high end properties in the United States and internationally.

Notable properties purchased and developed by SHVO have included Transamerica Pyramid in San Francisco, Raleigh Hotel in Miami, Big Red in Chicago, and 711 Fifth Avenue in New York.

As of 2021, the company has assets of approximately $8 billion.

Shvo has conceived several art projects, including Documents of Desire & Disaster, a retrospective of contemporary photographer David La Chapelle’s work.

2007

Shvo was listed as one of "New York's City Shapers" by The New York Observer in 2007 and made the magazine's list of 100 Most Powerful People in New York Real Estate in 2008.

2008

Shvo took a break from real estate in 2008, focusing on his interest in the art world.

2010

He partnered with Paul Kasmin Gallery & Serdar Bilgili, who owns the Akaretler area in Istanbul where the exhibition took place in December 2010.

Shvo also created Getty Station, a public art installation at the former getty station on 10th avenue and 24th street in Manhattan.

2013

He got back into the real estate market in 2013, initially purchasing a Getty Oil gas station at the corner of 10th Avenue and 24th Street in West Chelsea, Manhattan.

He paid $23.5 million for the property which was a record price for per buildable square foot in Manhattan.

Prior to the development of the Getty property, Shvo turned the former gas station into a public art space.

The inaugural show "Sheep Station" featured a white picket fence, grass and trees around the gas pumps, and 25 grazing concrete sheep sculptures by late artist François-Xavier Lalanne.

The site has been developed into a high-end luxury condominium named The Getty Building, with Peter Marino designated as the architect for both the interior and exterior of the project.

He purchased the property in early August 2013 and transformed into a sheep’s meadow with 25 sheep sculptures by Francois Xavier Lalanne.

Shvo collaborated with Paul Kasmin Gallery for the exhibit.

Shvo also curated the selling exhibition Les Lalanne: The Poetry of Sculpture along with Paul Kasmin at the S|2 Gallery of Sotheby's Auction House in New York.

It included rare Lalanne sculptures in a midnight garden setting.

2018

In 2018, Shvo purchased the office portion of 685 Fifth Avenue, previously the headquarters of Gucci, from General Growth Partners (GGP), in partnership with Deutsche Finance Group, for 135 million dollars.

It has since been disclosed that Shvo will be converting the building into ultra-luxury residences branded as the Mandarin Oriental Residences.

2019

In 2019, Shvo made a number of purchases across asset classes.

He purchased the Raleigh Hotel and the adjacent Richmond and South Seas Hotels from Tommy Hilfiger along with partners Deutsche Finance America.

The same year, Shvo purchased a long-vacant piece of land on Wilshire Boulevard for $130 million, which the company announced is going to be developed into the Mandarin Oriental Residences Beverly Hills, as well as 711 Fifth Avenue, previously the headquarters of The Coca Cola Company, for $937 million.

In 2019 Shvo created an exhibition at the Raleigh Hotel, a property he had purchased the same year.

Called "Les Lalanne at The Raleigh Gardens," it is a sculpture garden in memory of the French artist François-Xavier Lalanne.

2020

In 2020, Shvo acquired the Transamerica Pyramid in San Francisco for $650 million, and began work on a $250 million renovation in 2022.

Also in 2020, he acquired 333 South Wabash in Chicago, known as Big Red, for $376 million, and 530 Broadway in New York’s Soho district for $382 million.