The nation's richest landlords are actually wealthier now than they were in 2022.

There are 25 billionaires on the 2023 Forster 100 list who primarily owe their fortunes to real estate.

These property tycoons are worth a collective $139 billion.

About $5 billion more than the 24 in real estate were worth on the 2022 ranking. Here are the five richest real estate were worth on the 2022 ranking.

Here are the five richest real estate billionaires on this year's Forms

for 100.

Number five, Jeff Green.

Green made a fortune buying credit default swaps on subprime mortgage-backed bonds during the housing crisis in 2007 and 2008.

He then turned that profit into a portfolio of apartments, condo buildings, hotels, and office properties, mostly in California, Florida, and New York.

Growth in those assets helped add another estimated $300 million to Greens Night Worth over the past year.

Number four, Igor Alenikoff.

Alenikoff owns more than 8 million square feet of office space

and over 17,000 residential units

in states including Arizona, California, and Florida.

This year, he spent $165 million to buy two apartment complexes in Duluth, Georgia, and

Raleigh, North Carolina,

further expanding his residential real estate holdings.

Number three, Leonard Stern.

Stern is best known as the namesake

of New York University's business school, thanks to a

$30 million gift in 1988. But the prolific donor draws his wealth from

Hart's Mountain, a firm that owns more than 260 properties, largely industrial,

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