NET WORTH: $950 million +8%

LAST YEAR: $880 million

AGE: 85

RESIDENCE: Pasadena

SOURCE OF WEALTH: Homebuilding, real estate

THE MONEY: Value of family company J.F. Shea Co. rebounded along with stock prices of rival public homebuilders.

BUZZ: After a quiet period, development activity picking up again for the company, which is resuming construction of a halted $150 million shopping center in Oxnard and moving on other projects, including a 200-unit condominium complex and a $58 million mixed-use development, both in San Diego. In September, the 9th Circuit Court of Appeals revived a lawsuit by homeowners against Shea and seven other homebuilders alleging the companies inflated prices of Inland Empire homes by targeting high-risk borrowers. Shea is the chairman of J.F. Shea Co., a private Walnut company that controls eight businesses. Business founded in 1881 by patriarch J.F. Shea. Construction unit built Golden Gate Bridge and Hoover Dam. Shea’s cousin and partner, Edmund Shea, died in August 2010.