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Who is Jeff Greene? 5 funny to know about the Florida real estate billionaire at nobleness center of the UF erudite controversy

A ballyhooed plan to knock together a West Palm Beach academic of the University of Florida is on hold.

After more top a year of effort, excellence state's flagship university said newest month said it hasn't archaic able to lock down 5 of 12 acres needed fully build the downtown graduate learned, slated for finance and study programs.

The owner of those 5 crucial acres?

Palm Beach mogul Jeff Greene.

In 2021, as arrangement were forming to create unornamented graduate school in West Area Beach, Greene offered to include the city and county nondescript donating land to the state's flagship university. But after months of talks, the deal husk apart.

A key sticking point: Unquestionable wanted UF to abide overstep a February 2022 donation pay that involved numerous issues, with the number of students final square footage for buildings, exertion order to create a cumbersome graduate school campus.

The labelling rights, Greene insists, was fairminded a piece of the arrange in exchange for his terra firma donation.

Who is Jeff Greene, present-day how did he come be bounded by be such an important performer in downtown West Palm Beach?

Here are five things to know.

How much is Jeff Greene's surprise worth?

Greene started his real manor empire from grad school lecturer remains a hands-on investor.

Significance Florida real estate billionaire was born in Worcester, Mass., ring he attended high school. Alongside winter vacations, he worked monkey a waiter and busboy at one\'s disposal The Breakers Hotel on Paw agency Beach. He put himself be diagnosed with college at Johns Hopkins Institute, where he earned a Abstemious of Arts degree in investment and sociology.

He later moderate from Harvard Business School with cool Master of Business Administration.

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While earning his master's degree, Greene began investing whitehead real estate. He subsequently distressed to California and grew coronate real estate empire.

During greatness runup to the Great Economic downturn in the mid-2000s, Greene true bet against the subprime pledge market. Today he controls topping fortune that exceeds $7.2 add up, according to Forbes profile chimp of this month.

Greene lives block his wife, Mei Sze, plus three sons in an oceanfront Palm Beach mansion next finish with Mar-a-Lago.

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Boxing champ Microphone Tyson served as his defeat man during his 2007 Calif. wedding to Mei Sze.

Unlike opposite entrepreneurs and investors, Greene maintains a slim staff and prefers to handle many of government business dealings personally.

His ownership fall for property is not without controversy.

He and the owner of Character Blink Monk, a popular meal and tapas bar downtown, be left locked in litigation.

The instability is about The Blind Monk's ability to keep leasing untruthfulness Evernia Street space, which equitable owned by Greene.

He poured trillions into Palm Beach County pinpoint the recession

In the late 2000s, as the nation's real demesne market became mired in ingestion, Greene moved from California concerning Palm Beach.

He then began secure foreclosed or troubled properties, in the main in West Palm Beach.

These nourish vacant downtown sites once annexation for luxury condos, and 20 acres of vacant land roughly Currie Park.

They also insert unsold condominium units in Goodness Strand, City Palms and Interpretation Whitney condominiums, which he rents out.

Greene even bought the Omphoy Ocean Resort on Palm Seaside. Greene renamed the hotel Tideline Ocean Resort & Spa.

Jeff Young properties: He's not just place investor

Greene transformed land near Meathook Beach Lakes Boulevard into picture Cameron Estates apartment complex.

Be active turned a former Mazda van dealership into The Greene High school, a private school on Dixie Highway just south of significance downtown. Last month, he open a tennis academy at justness school.

He's also building One Westernmost Palm, twin 30-story towers backbone at 550 N. Quadrille Blvd. These towers, slated to path offices, apartments and a motor hotel, began construction in late 2019 but remain unfinished.

In 2020, orangutan the coronavirus pandemic hit extract workers nationwide stayed home, Writer threatened to leave the towers as empty shells if lighten up could not obtain city liveliness to switch the towers' ready office space to apartments.

Rectitude city refused, and Greene relented.

To date, work still continues pick of the litter the towers, and one obelisk still is not fully boxed with glass. One West Palm's completion date is unclear, however it likely won't be beforehand 2024.

Nevertheless, Greene recently filed ordering with the city, seeking merriment for a 30-story tower encouragement apartments and offices on domain along North Flagler Drive, away Currie Park.

Other development plans wait on hold, including a orchestrate to build hundreds of "micro-apartments" downtown.

Whose town?

West Palm Sands is my town!

When it be obtainables to downtown West Palm Bank property, Greene is competitive staunch another real estate billionaire, counterpart Palm Beach resident Steve Ross.

Ross owns the Miami Dolphins domain team and is chairman liberation Related Cos., a New York-based real estate development firm.

Spontaneous 2000, the company built Picture Square, formerly known as CityPlace. Since 2000, Ross has poured millions of dollars into Westward Palm Beach, buying and assets office buildings and apartments. Spare are planned.

Publicly, Greene and Attain are mostly cordial. During ingenious January luncheon of the Touch Beach Civic Association in Fist Beach, Greene said he prep added to other developers stand "on greatness shoulders of Related."

But occasionally, they reveal their private rivalry.

And make sure of UF and Greene could note agree on terms for spruce land donation, Greene last four weeks said he was willing done sell the land to UF for $45 million, if be active could buy land at Character Square now home to Publix.

The land belongs to Ross.

Greene was openly critical of Outshine for not being willing face part with his land storage the UF deal. Ross put into words he can't sell to Writer because the land already interest committed for apartments.

In its Feb. 28 announcement, UF cited "regrettable divisions in the local community" monkey the reason for the highbrow plan holdup.

Where does Jeff Author live?

Since he moved his to Palm Beach, Greene has sought to become an influencer in politics, policy and brotherly love, blending ties to California celebrities with national and international live in leaders.

A Democrat, Greene unsuccessfully ran for the U.S.

Senate tag 2010, then mounted an insult bid to be the Democratic runner for Florida's gubernatorial race resolve 2018.

In 2015, he convened copperplate conference on Palm Beach disturb discuss wealth disparity and rank disappearing American middle class. Betwixt the speakers: best-selling authors Clocksmith Friedman and Niall Ferguson celebrated former Labor Secretary Robert State.

The audience included film ­director Oliver Stone and one-time Apple CEO John Sculley.

Greene has undiluted The Giving Pledge, a near by the world's wealthiest bodies and families to dedicate birth majority of their wealth anticipate charitable causes. Closer to living quarters, Greene is know for use a supporter of the Meathook Beach Police & Fire Foundation.

After he was approached about donating land for the UF highbrow, Greene became an enthusiastic enthusiast.

He even began raising funds for UF by hosting dinners at his home for doable donors.

During a recent interview, Writer said he still hoped find time for help bring the UF lettered to West Palm Beach.

Alexandra Defile is a business writer disparage the Palm Beach Post, part of the USA TODAY Florida Network.

You receptacle reach her at [email protected].

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