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Jay Paul | |
|---|---|
| Born | Joseph Paul 1947or1948(age 76–77) [1] |
| Nationality | American |
| Alma mater | Boston University |
| Occupation | Real estate developer |
| Known for | Founder, Jay Paul Company |
| Spouse | Married |
Joseph "Jay" Paul [2] (born 1947/1948) is an American billionaire real estate developer, based in San Francisco. [3]
Jay Paul was born in 1947 or 1948 and is a native of Rhode Island. [4] [5] He has a bachelor's degree from Boston University. [1] In the 1970s, Paul moved to Southern California to help save his father's troubled investments, a savings-and-loan business. [4] [5] As a result of saving the investments, he formed and founded Jay Paul Company in 1975. [4]
Jay Paul Company, a privately held real estate development company based in San Francisco, and focused on California. [6] In the early years of Jay Paul Co., he invested in purchasing inexpensive office spaces. [4] Since then, he primarily leases 11 million square feet of office spaces to tech firms, spanning Hewlett-Packard, Amazon, and Apple. [3] There are plans to add 6 million more, primarily in Sunnyvale, California. [7]
On June 16, 2020, San Jose council has approved Jay Paul's redevelopment project of a 3.79-million-square-foot office space in downtown San Jose. [8]
As of July 2020, Paul's net worth is estimated at $3.5 billion, [7] ranking him 1001 on Forbes Billionaires List of 2020. [9]
Paul is married, [7] has no children, lives in the Pacific Heights neighborhood of San Francisco, California, [3] and owns two yachts. [1] [5] In 2012, he bought his Pacific Heights home for about $28 million, which underwent a large remodel for many years. [4] [10]
Paul is known as a very private person and does not give many interviews. [4]
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Representatives for Jay Paul, which is led by its founder Joseph Paul, did not respond to inquiries.