How much is Igor Olenicoff worth?
Igor Olenicoff: Estimated net worth $3.9 billion He lived out the American dream by building a real estate empire. His company, Olen Properties, owns more than 8 million square feet of office space and 15,000 residential units, primarily in California.
Where does Igor Olenicoff live?
Today his Olen Properties Corp., in Newport Beach, Calif., owns 11,000 residential units and 6.25 million square feet of commercial space in California, Nevada, Florida and Chicago. We reckon all this gives Olenicoff a net worth of $1.6 billion.
Who is the owner of Olen Properties?
Igor Olenicoff
| Igor Olenicoff | |
|---|---|
| Nationality | American |
| Education | University of Southern California (BA & MA) |
| Occupation | Businessman |
| Known for | Founder, Olen Properties |
Who is Igor Olenicoff and what did he do?
Igor Olenicoff (born 1942) is an American billionaire and real estate developer. In 2007, he was convicted of tax evasion stemming from his use of off-shore companies and Swiss banks to hide his financial assets.
How big is Igor Olenicoff’s real estate business?
In 1973, he purchased a 16 unit duplex with his newly founded company Olen Properties. Since then, he has grown the firm and now owns more than 6.4 million square feet of office space and nearly 12,000 residential units in Las Vegas, Arizona, California, and Florida.
When was Igor Olenicoff found guilty of copyright infringement?
In June 2014, Olenicoff and his real estate company, Olen Properties Corp., were found guilty of copyright infringement by a federal jury and ordered to pay $450,000 in damages to sculptor Don Wakefield, who creates abstract stone sculptures.
When did Igor Olenicoff plead guilty to tax evasion?
In December 2007, Olenicoff pleaded guilty to a single felony count of filing a false tax return for 2002. He admitted to tax evasion and of misleading the IRS about his offshore accounts in the Bahamas, Liechtenstein, Switzerland, and the United Kingdom.