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#391 Billionaire

Igor Olenicoff

Igor Olenicoff
$8.3B
US · Age 83
Source of wealth: Real estate
Industry: real-estate
Residence: Lighthouse Point, US
{ "bio": [ "Igor Olenicoff was born in Iran, where his tzarist-connected parents had moved to escape the Soviet Revolution. He moved to the U.S. at age 15 and eventually built up a substantial real estate empire.", "His Olen Properties owns 8 million square feet of office space and over 17,000 residential units in California and seven other U.S. states.", "Olenicoff's daughter and heir-apparent, Natalia Ostensen, assists in running the day-to-day operations.", "In 2007, Olenicoff pleaded guilty to lying on his tax return about keeping $200 million in offshore accounts, and agreed to pay $52 million in back taxes and fraud penalties." ], "about": [ "Olenicoff grew up in Iran and attended an American missionary school there.", "When his family arrived in the U.S. in 1957, they had 4 suitcases and $800." ] }

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