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George Marcus

George Marcus

G. Marcus
0.13% | + $1.80M
$1.44 B ₹ 13,129 Cr
Real Time Net Worth #2591 Ranking as of 21 Feb 2026 By Forbes

More on George Marcus

Gender

Male

Age

85Y

Country

United States

Born On

January, 1941

Deceased

No

Relationship Status

Married

Children

4

Education

San Francisco State University - Bachelor Of Arts/Science

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Real Estate)

Primary Organization

Marcus & Millichap

Titles

Co-Founder & Chairman

Sources of Wealth

Marcus & Millichap, Essex Property Trust

Industry

Real Estate, Finance, Investments

About George Marcus


G eorge Marcus is a Greek-American self-made billionaire who has built a vast fortune in the real estate and investment industries. He is the co-founder and chairman of Marcus & Millichap, one of the largest and most successful commercial real estate brokerage firms in the United States. Born in Greece, he immigrated to the U.S. as a child and later founded his brokerage firm in 1971 with a focus on a unique model of exclusively listing properties.

In addition to his brokerage empire, Marcus is also the co-founder and chairman of Essex Property Trust, a publicly traded real estate investment trust (REIT) with a massive portfolio of apartment buildings on the West Coast. He has built two separate, highly successful, publicly traded companies in two different parts of the real estate industry. He is also a prominent philanthropist and a major donor to the Democratic Party. He and his wife are the owners of a vineyard in California.

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Quick Reads


  • Co-founder of the commercial real estate brokerage Marcus & Millichap.
  • Co-founder of the apartment REIT Essex Property Trust.
  • A self-made billionaire, he immigrated to the U.S. from Greece.
  • He has built two separate, publicly listed real estate giants.
  • A major philanthropist and a prominent donor to the Democratic Party.

Early Life and Background


George M. Marcus (born George Moutsanas) is a Greek-American billionaire real estate broker, the self-made co-founder and Chairman of Marcus & Millichap, one of the largest commercial investment real estate brokerage firms in the nation. Born in Euboea, Greece, in 1941, he emigrated to the U.S. with his family at age four.

Marcus graduated with a bachelor's degree in economics from San Francisco State University (SFSU) in 1965. His career is defined by his profound commitment to commercial investment real estate and his massive philanthropic focus on Greek heritage and the liberal arts. He leveraged his economics degree and an innate business sense to create a firm dedicated to empowering individual investors in commercial property.

Career Journey of George Marcus


George Marcus co-founded Marcus & Millichap in 1971 with William A. Millichap. His strategic vision was audacious: transform the fragmented commercial real estate brokerage market by building a national network focused on investment sales and empowering individual investors. The company grew rapidly, executing its IPO in 2013 and becoming the largest commercial investment real estate brokerage firm in the nation.

His diversification includes real estate investment trusts (REITs): he founded Essex Property Trust (NYSE: ESS), which acquired rival BRE in 2014, making it a $16 billion company and securing a position in the S&P 500. His wealth is tied to the colossal appreciation of commercial real estate and the continuous profitability of his brokerage and investment firms.

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George Marcus's Timeline


1965:

Graduates with a degree in Economics from San Francisco State University (SFSU) (Academic Achievement).

1971:

Co-founds Marcus & Millichap (Founding 1).

1990s (approx.):

Founds the REIT Essex Property Trust (ESS) (Founding 2).

2013 (October):

Marcus & Millichap executes its successful IPO (Financial Milestone 1).

2014 (April):

ESS acquires BRE, becoming a $16 billion company (Financial Milestone 2).

2018:

Donates $25 million to SFSU (Philanthropic Milestone).

Major Business Ventures and Investments


George Marcus's wealth is concentrated in his founding equity and continued leadership of the publicly traded Marcus & Millichap, Inc. (NYSE: MMI) and Essex Property Trust (NYSE: ESS).

  • Marcus & Millichap (Co-founder & Chairman): The core asset, the largest commercial investment real estate brokerage firm in the nation (nearly 1,600 brokers).
  • Essex Property Trust (Founder & Chairman): A major publicly traded REIT specializing in multifamily and residential properties in the U.S. West Coast.
  • Real Estate Ventures: His parent company, Marcus & Millichap Company, controls SummerHill Homes (San Francisco Bay Area builder).
  • Philanthropic Focus: Major donor to San Francisco State University (SFSU) and the Greek Orthodox School of Theology.

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Philanthropy and Social Impact


George Marcus is a major global philanthropist, focusing heavily on education and Greek heritage. He and his wife, Judy, made the largest gift in SFSU history ($25 million) to establish the George and Judy Marcus Funds for Excellence in the Liberal Arts.

His structural social impact is tied to his role in democratizing commercial real estate investment through his brokerage firm. His contributions support the arts, education, and cultural organizations globally, including the St. Nicholas Greek Orthodox Church at the World Trade Center in New York City.

Fashion, Style, and Lifestyle


George Marcus maintains the professional, composed style of a real estate executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic is one of stability and confident authority, reflecting his Greek heritage and his long tenure in the high-stakes real estate market.

Residing in Los Altos Hills, California, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to the stewardship of his real estate empire and his profound commitment to education and philanthropy.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He co-founded Marcus & Millichap, the largest commercial real estate brokerage firm in the U.S.
  • He holds an MBA (from Harvard Business School President's Management Program) and an Economics degree from SFSU.
  • He is a major philanthropist who made the largest gift in SFSU history ($25 million).
  • His original name was George Moutsanas.
  • His real estate investment trust, Essex Property Trust (ESS), is a major S&P 500 component.
  • He was an owner of the Golden State Warriors (from a previous search).
  • His wealth is tied to the long-term, massive appreciation of U.S. commercial real estate.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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