| Edward P. Roski | |
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| Born | 1938 (age 71–72) Oklahoma |
Edward P. Roski, Jr. (born in 1938) is a real estate billionaire in Los Angeles, California. Roski was rated #524 on Forbes' 2008 list of wealthiest people and rated #163 on The Forbes's 400 Richest Americans with a net worth of approximately $2.5 billion.[1][2]
Edward P. Roski, Jr., was born in Oklahoma and raised in Southern California. He is a graduate of Loyola High School and the Marshall School of Business, University of Southern California, where in 1962 he earned a BS degree with emphasis on finance and real estate. He is also a Vietnam veteran and a United States Marine and served as an officer of the Marines from 1962 to 1966. While attending the University of Southern California he was a member of the Gamma Tau Chapter of the Beta Theta Pi Fraternity. In 1994, Roski was awarded the Oxford Cup, the highest honor a brother of Beta Theta Pi can receive.
Currently, Roski is the CEO & chairman and chief executive officer of Majestic Realty Co., one of largest and oldest privately held real estate development companies in the United States. Majestic Realty has been rated as the number one real estate developer in Los Angeles for over ten years. The company owns, manages and leases in excess of 60,000,000 sq. ft. of property for a diverse group of clients across the nation with current projects throughout Southern California, Atlanta, Georgia, Denver, Colorado, Las Vegas, Nevada, Phoenix, Arizona, Portland, Oregon, Salt Lake City, Utah and Dallas, Texas. Together with Commerce Construction Co., L.P. and Majestic Management Co., Majestic provides a full range of real estate development, design, engineering, construction, leasing and property management services. Projects range from bulk distribution and manufacturing facilities, high quality retail centers to high-tech data processing and specialized facilities, office complexes, hotels, casinos, RV resorts and golf centers. The funds of Roski helped to build the Staples Center with Philip Anschutz, and he is a minority owner of NBA basketball's Los Angeles Lakers and NHL hockey's Los Angeles Kings.
In March, 2006 Roski and his wife gave $23 million to the University of Southern California School of Fine Arts, the largest amount of money given to any art school in the United States. In recognition of his donation, the school was renamed the "University of Southern California Gayle Garner Roski School of Fine Arts", named after his wife, a renowned artist in the Los Angeles area.
Roski is a member of the USC Board of Trustees.[3]
Roski continues to give back to the community by donating and serving on various committees to help raise funds for worthwhile organizations such as: Cathedral of our Lady of Angels, Walt Disney Concert Hall, LA Convention 2000, March of Dimes, Friends of Child Advocates, Inner City Arts, Boys and Girls Clubs, Public Council, The City of Hope, etc.
Roski is an adventurer. He loves to travel, especially in third world countries. He has climbed to Base Camp at Mt. Everest, K2 Base Camp, Mt. Kilimanjaro, rode his bike across Mongolia, Russia, Ireland, China and Burma. He also loves automobiles, sports, and skiing.
As part of Majestic, some of his close dealings with City of Industry have been called into question and investigated by the FBI[4].
He unveiled a blueprint for the Los Angeles Stadium, a stadium to be built in a Los Angeles suburb, in attempts to lure a NFL team in April 2008. The stadium would be built 20 miles from downtown Los Angeles in the City of Industry and would be funded without any taxpayer dollars.
His son Edward Roski III (also goes by Trey Roski) is one of the owners of Battlebots Inc, a robotic combat promotor based in the San Francisco area.
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