Kurt Rappaport was born 26th January 1971 in Los Angeles, California USA, of Jewish descent, and is a real estate businessman, best known to the world as co-founder and CEO of Westside Estate Agency.
Have you ever wondered how rich Kurt Rappaport is as of early 2017? According to authoritative sources, it has been estimated that Kurt’s net worth is as high as $250 million, an amount earned through his successful businessman career.
Kurt Rappaport Net Worth $250 Million
Kurt’s father was Floyd A. Rappaport, a lawyer who represented celebrities such as Peter Lawford, Irwin Allen, and Steve McQueen among others. After high school matriculation, Kurt enrolled at the University of Southern California, meanwhile working part time as a real estate agent. Following graduation, he focused full time on a career in real estate, and found a job at Lynch Realty. He changed firms several times, including to Fred Sands Estate, Stan Herman, Stephen Shapiro and Associates, which certainly increased his net worth, and he also gained much needed experience before starting a firm on his own. That happened in 1999, when he and Stephen Shapiro joined forces and founded Westside Estate Agency. Little by little the company developed, increasing his net worth and eventually making him one of the richest real estate agents in California.
Nowadays, the firm has more than 100 real estate agents under its wing, who operate in the Beverly Hills, Miami and Malibu areas; according to reports, it grosses over $3 billion per year in sales. Some of the most famous celebrities who have sought Kurt’s services include Ryan Seacrest, Ellen DeGeneres, Tom Brady, Annette Bening, Gisele Bundchen, Sean Combs, Larry Ellison, Dr. Dre, Sean Parker and Warren Beatty, among many others, which has only increased Kurt’s reputation, as well as his net worth. Ellison alone is reputed to have bought properties valued at over $600 million through Kurt’s company.
Most recently, Kurt expanded his kingdom to media and entertainment; in 2012 he started Ora,tv, a digital network with the help of famed television host Larry King and Mexican billionaire businessman Carlos Slim – the network is distributed through Hulu. Also, he is signed as executive producer for the film “London Fields”, starring Amber Heard, Billy Bob Thornton and Cara Delevingne, which will be released in later 2017.
Regarding his personal life, Kurt has three children with his ex-wife Juliette MacArthur, who is a daughter of the famous actor James MacArthur. Now, he is engaged to Sara Mutch, a Canadian model. Kurt is known for his lavish life; he resides on a 6-acre Malibu estate that also encompasses the longest private pool in the State of California; the residence is valued at $100 million. He was also the owner of a Beverly Hills home that he sold to actor Tom Cruise for $32.5 million.
