May 17, 2018
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Los Angeles real estate developer Rick Caruso has been elected chairman of the USC Board of Trustees while he oversees an investigation into the alleged misconduct of a campus gynecologist and reporting failures by USC.
2018 Wealthiest Angelenos
The real estate developer best known for his Los Angeles County retail centers, The Grove and Americana at Brand, saw an uptick in his net worth thanks to a robust real estate market and the pending opening of his latest project, Palisades Village, a 125,000-square-foot retail center in Pacific Palisades, which is set to bow in September.