NET WORTH: $2.2 billion +10%

LAST YEAR: $2 billion

AGE: 53

RESIDENCE: West Los Angeles

SOURCE OF WEALTH: Retail development

THE MONEY: Developer behind Grove and Americana at Brand retail complexes saw healthy appreciation of ultra-Class A retail portfolio. All projects nearly 100 percent leased and hold lower-than-average debt. $60 million Burton Way mixed-use apartment project on track to open this fall.

BUZZ: Developer made most of his news outside the real estate world this year. He bid for the L.A. Dodgers with former team Manager Joe Torre but withdrew after Frank McCourt refused to include stadium parking lots in the deal. Announced he was considering run for L.A. mayor but has yet to make decision. Also stayed busy working. Tapped to develop a $550 million retail and entertainment project in Las Vegas for Caesars Entertainment Corp. And Santa Barbara County supervisors approved $15 million tax break for his $170 million Miramar Beach Resort, which is awaiting final approval. The USC alum is a trustee on school’s board. Made name with Valley developments before making it really big with Grove in 2002.