Rick Caruso Biography, Wiki, Age, Career, Family, Net Worth | Who is Rick Caruso? Bio, Wikipedia

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Who is Billionaire Rick Caruso?

Rick Joseph Caruso is an American billionaire businessman. He is the founder and chief executive officer (CEO) of Caruso, an American real-estate company. Currently serving as chair of the board of trustees at the University of Southern California, Caruso has been president of the Los Angeles Police Commission and a member of the Board of Water and Power Commissioners. A former member of the Republican Party, Caruso changed his affiliation to the Democratic Party when he became a candidate in the 2022 Los Angeles mayoral election.

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Billionaire Rick Caruso to face Karen Bass in race to be Los Angeles mayor

Billionaire property developer Rick Caruso will face California congresswoman Karen Bass in a November run-off election to be mayor of Los Angeles, a contest that will be dominated by debate over how to fight rising crime and homelessness.

Rick Caruso Biography, Wikipedia

Caruso was born in Los Angeles. His father, Henry Caruso, was the founder of Dollar Rent-A-Car and owner of many car dealerships in the Los Angeles area. His mother Gloria was a billboard model in her youth. Rick received a Bachelor of Science degree from the University of Southern California in 1980, where he was a member of the Sigma Alpha Epsilon fraternity, the Trojan Knights and a J.D. degree from the Pepperdine University School of Law in 1983 as a Margaret Martin Block Scholar. In 1995, he was recognized as the Alumnus of the Year by Pepperdine School of Law.

Real Name
Rick Joseph Caruso
Rick Caruso
Profession Real estate businessman
Political PartyDemocratic (2022–present)
ReligionNon-denominational Christianity, Charismatic Christianity, Word of Faith
Marital StatusMarried
Wife NameTina Caruso
Children Name4  Justin Caruso, Gianna Caruso, Greg Caruso, Alex Caruso
Physical Status 
Age63 years old
Eye ColourBlack
Hair ColourBlack
Personal Information
Date of Birth 7 January 1959 
Birth PlaceLos Angeles, California, United States
School NameUnknown
College Name University of Southern California (BS); Pepperdine University (JD)
Educational QualificationsGraduated
Family Profile
Father NameHenry Caruso 
Mother NameGloria Caruso
Sibling NameUnknown
Source Of IncomeReal estate businessman
Net Worth$4 billion
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Rick Caruso Career

Rick Caruso was a real-estate lawyer in the corporate finance department at Finley Kumble. In 1987, he founded Caruso, a company that develops, owns and manages properties. He initially purchased parking lots that his father agreed to lease for Dollar Rent-A-Car which he sold when the property rose in value. In 1990, he quit law to develop his retail and residential properties full-time.

His projects include The Grove at Farmers Market in Los Angeles, the Americana at Brand in Glendale, the Commons at Calabasas, the Promenade at Westlake, The Lakes at Thousands Oaks (leased from the City of Thousand Oaks), 8500 Burton Way (Waterside Marina del Rey), Palisades Village in Pacific Palisades, and the Rosewood Miramar Beach in Santa Barbara.

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The company was accused of chilling free speech over the rejection of an advertisement for a documentary about the Armenian Genocide by Caruso’s mall, Americana at Brand in Glendale, California) in 2015 and in 2017. While there were public protests about Americana’s decision, Caruso disputed the claims and affirmed his commitment to treating everyone fairly and with equal respect. Americana later reversed its advert decision.

Political Career

In 1985, at the age of 26, Caruso was named by Mayor Tom Bradley to serve as a commissioner for the Los Angeles Department of Water and Power, becoming the youngest commissioner in the history of the city.

In August 2001, Caruso was appointed by Mayor James K. Hahn to the Los Angeles Board of Police Commissioners and was elected its president. In this role, he led the selection process that resulted in the hiring of former New York City Police Commissioner William Bratton as the Los Angeles Chief of Police.

In 2008, Caruso was elected to serve as a member of the Los Angeles Coliseum Commission, which oversees the operations of the Los Angeles Memorial Coliseum and nearby Los Angeles Memorial Sports Arena. During his tenure on the commission, Caruso advocated for its reform, including the resignation of its general manager, and the replacement of the commission itself with a new governing body.He advocated a ban on rave parties at the two venues.

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Rick Caruso Personal Life

Rick Caruso and his wife, Tina, have four children: Alex, Gregory, Justin, and Gianna. They live in the affluent Brentwood section of Los Angeles. All four children have attended the University of Southern California, which their father attended and to which he has donated millions of dollars. Caruso, through a trust, paid for a $4.4 million mansion in Pacific Palisades for his son Justin.Caruso is a devout Catholic.

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Who is Rick Caruso?

Rick Joseph Caruso is an American billionaire businessman. He is the founder and chief executive officer (CEO) of Caruso, an American real-estate company.

How rich is Rick Caruso?

Rick Caruso has net worth of $4 Billion.

How old is Rick Caruso?

Rick Caruso is 63 years old.

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