Age, Biography and Wiki

Paul Trousdale was born on 1915 in Gallatin, Tennessee, U.S., is an American real estate developer. Discover Paul Trousdale'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 75 years old?

Popular As N/A
Occupation Real estate developer
Age 75 years old
Zodiac Sign
Born 1915, 1915
Birthday 1915
Birthplace Gallatin, Tennessee, U.S.
Date of death 9 April, 1990
Died Place Santa Barbara, California, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 1915. He is a member of famous with the age 75 years old group.

Paul Trousdale Height, Weight & Measurements

At 75 years old, Paul Trousdale height not available right now. We will update Paul Trousdale'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
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Who Is Paul Trousdale's Wife?

His wife is Margaret Reid Trousdale Adrienne Trousdale

Family
Parents Not Available
Wife Margaret Reid Trousdale Adrienne Trousdale
Sibling Not Available
Children 2 daughters

Paul Trousdale Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Paul Trousdale worth at the age of 75 years old? Paul Trousdale’s income source is mostly from being a successful . He is from United States. We have estimated Paul Trousdale'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

1915

Paul Whitney Trousdale was born on a farm near Gallatin, Tennessee in 1915.

He grew up with relatives in New York City, Tennessee and Los Angeles, California.

He graduated from Los Angeles High School.

He spent a year at the University of Southern California, then dropped out.

At USC, he sold cars, clothes and automobile spotlights.

He won a $5,000 college scholarship from the New York State Industrial Department, but decided to go traveling abroad with the money.

Trousdale returned to Los Angeles, arriving broke in San Pedro.

He started selling gum, and transitioned to real estate shortly after.

1946

By 1946, he founded the Trousdale Construction Company.

He built tract homes and neighborhoods that came with churches and shopping centers, mostly in minority areas located in Long Beach, Wilmington, Compton and the San Fernando Valley.

He borrowed money from Bank of America to finance his projects.

The scale of his loans raised suspicions from its CEO, Amadeo Giannini, as his advances reached US$8,000,000, although this only accounted for one fourth of the entire financing of his real estate projects.

In 1946, Gianninni visited him in his office in Westwood Hills, as Trousdale had already borrowed $30 million and was asking for an additional $50 million.

After his visit, he granted him the loan.

His firm built "two houses per day, seven days a week" and he had three hundred houses under construction at any given time.

1954

In 1954, he purchased the Doheny Ranch from Mrs. Lucy Smith Doheny Battson, wife of Edward L. Doheny, Jr. (1893–1929), son of oil tycoon Edward L. Doheny (1856–1935), and developed it into Trousdale Estates, later home to Elvis Presley, Frank Sinatra, Dean Martin, Tony Curtis and Ray Charles.

He also developed Westdale and sold furnished properties in the new neighborhood.

He also built the 22-story Beverly Towers, located at 9220 Sunset Boulevard.

Additionally, he developed residential communities in Marin County, California and in Palm Springs, California.

Overall, he built more than 25,000 homes throughout Southern California.

Outside California, he built a hotel on Waikiki in Honolulu, Hawaii as well as residential communities in Hawaii.

Trousdale served on the board of trustees of the University of Southern California.

He corresponded with President Ronald Reagan, who agreed with him that high interest rates were "the greatest stumbling block to economic recovery" and assured him that they would be lowered.

Trousdale's first marriage was to Margaret Reid, whom he met at USC.

They were married for 30 years, and had two daughters, Mary Dickie and Marguerite.

He was married a second time, to Jean Vick, in 1954; they were married for nearly 30 years.

His third wife was named Adrienne.

His private residence in Palm Springs, California was designed by architect Allen Siple.

1990

Paul Whitney Trousdale Jr. (1915 – April 9, 1990) was an American real estate developer.

He is best known for developing the Trousdale Estates in Beverly Hills, California.

He built over 25,000 homes in Southern California.

Trousdale died in Santa Barbara, California on April 9, 1990, aged 75.

He was buried in the El Camino Memorial Park in Sorrento Valley, San Diego.