Steve Witkoff Net Worth

Steve Witkoff has an estimated net worth of $2.4 billion, according to Forbes Real-Time Billionaires, Steve Witkoff profile (figures as of October 20, 2026). That is up from $2 billion in 2025.

Steve Witkoff is an American real estate investor, former attorney, and the founder of the Witkoff Group. He started out as a real estate lawyer, then moved into buying apartments and office buildings with Larry Gluck before launching his own firm in New York in 1997. Over time, he built a portfolio that reached major properties in Manhattan and expanded into projects in Miami, Los Angeles, and Florida.

His wealth comes mainly from real estate development and ownership. The Witkoff Group has worked on luxury condos, hotels, golf courses, and apartment buildings. His deals have included the Daily News Building, the Woolworth Building, the Park Lane Hotel, and 111 Murray Street. In 2024, he was appointed special envoy to the Middle East, and in 2025 he also took on negotiations tied to Ukraine and Iran.

How Steve Witkoff built his fortune

Witkoff began in law, then shifted into property deals. In 1985, he co-founded Stellar Management with Larry Gluck and bought apartment buildings in Washington Heights and the Northwest Bronx. The pair later expanded into office properties in lower Manhattan. That early move from legal work into ownership helped set up the path that made Witkoff wealthy through rents, leasing, and rising property values.

In 1997, he went out on his own and founded the Witkoff Group in New York. The company grew into a developer and owner with projects across New York, Los Angeles, and Florida. Its work has included luxury condos, hotels, golf courses, and apartment buildings. Witkoff also picked up well-known Manhattan assets, including the Daily News Building and the Woolworth Building, and later took part in deals like Park Lane Hotel and 111 Murray Street.

Forbes net worth and other money details

Forbes estimated Witkoff's fortune at $2 billion on its World's Billionaires List in 2025. On the 2026 list, Forbes put it at $2.3 billion. Forbes' real-time billionaires tracker later showed $2.4 billion as of October 20, 2026. Across those updates, real estate remained the main source behind the estimate, tied to the value of his development firm and his property holdings.

There are a few other money pieces in the public record. Forbes says Witkoff and his family own an estimated 6.4% interest in Trump's crypto project World Liberty Financial. His real estate business has also stretched well beyond one city, with developments in New York, Los Angeles, and Florida. In 2025, he sold a Miami Beach waterfront property for more than double its purchase price and partnered on another Miami Beach project.