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Ben Ashkenazy is a prominent American real estate developer and the founder, CEO, and majority owner of Ashkenazy Acquisition Corporation, a company with a property portfolio valued at approximately $12 billion.

In July 2017, the company expanded internationally by purchasing London’s Grosvenor House Hotel for approximately $750 million.

Demonstrating his commitment to family, Ashkenazy hired rapper Drake to perform at his daughter’s bat mitzvah, held at the Rainbow Room.

Career Beginnings and Key Milestones

Demonstrating entrepreneurial spirit from a young age, Ashkenazy purchased his first property at the age of 17. He attended night classes at Adelphi University but chose to leave before completing his degree to focus on his burgeoning real estate ventures.

Personal Life and Relationships

Ben Ashkenazy is married to Debra Ashkenazy, and together they have three children. The family resides on New York City’s Fifth Avenue.

Net Worth and Lifestyle

As of November 2024, Ben Ashkenazy’s net worth is estimated at $1.6 billion.

His wealth primarily stems from his extensive real estate holdings through Ashkenazy Acquisition Corporation. The company’s portfolio is valued at approximately $12 billion and includes over 100 buildings.

Notable Works and Achievements

Under Ashkenazy’s leadership, Ashkenazy Acquisition Corporation has acquired over 15 million square feet of real estate across the United States and Canada. The company’s portfolio includes notable properties such as Boston’s Faneuil Hall Marketplace and Washington D.C.’s Union Station.

Charitable Work and Legacy

While specific details of Ashkenazy’s philanthropic efforts are not widely publicized, his impact on the real estate industry is significant. Through strategic acquisitions and management of iconic properties, he has contributed to the revitalization of numerous urban areas.

Future Plans and Impact on Culture

Ashkenazy continues to seek opportunities for expansion and investment in prime real estate markets. His company’s recent acquisition of the 69th Street Retail property in Upper Darby, Pennsylvania, underscores his ongoing commitment to growth and development.

  • Full Name: Ben Ashkenazy
  • Date of Birth: 1968/1969
  • Place of Birth: Israel
  • Nationality: American
  • Education: Attended Adelphi University (did not graduate)
  • Career Beginnings: Purchased first property at age 17
  • Notable Works: Founder of Ashkenazy Acquisition Corporation
  • Relationship Status: Married
  • Spouse: Debra Ashkenazy
  • Children: 3
  • Net Worth: $1.6 billion (as of November 2024)
  • Major Achievements: Ownership of iconic properties such as Boston’s Faneuil Hall Marketplace and Washington D.C.’s Union Station

Early Life and Family Background

Born in Israel in 1968 or 1969, Ben Ashkenazy moved to the United States during his childhood, growing up in Lawrence, Long Island, New York. His father, Izzy Ashkenazy, was also involved in the real estate business, which likely influenced Ben’s early interest in the industry.

In 1987, he founded Ashkenazy Acquisition Corporation, which has since grown into a significant player in the real estate market.

Ben Ashkenazy’s journey from a young real estate enthusiast to a billionaire developer exemplifies determination and strategic vision. His contributions to the industry have left an indelible mark on the urban landscape, and his ongoing ventures suggest a continued influence on the future of real estate development.

Disclaimer: Ben Ashkenazy: Age, wealth data updated April 2026.