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Chairman, chief executive

Arnel & Affiliates, Costa Mesa

Limited Partner, Westar Capital LLC

Costa Mesa

Born in Detroit

Age: 76

Lives in Newport Beach (Harbor Island)

WHY: OC real estate magnate, investor, patron of the arts, force in local, national politics.

HOW: Started sel-ling land to oil companies for ser-vice stations in 1962. Bid on state land as freeways were built in Orange County. Went on to buy land for restaurants, stores. Found-ed Arnel & Affili-ates in 1968. Costa Mesa-based company owns, manages 5,200 apartments in OC, more than 2 million square feet of commercial space. Formed venture firm Westar Capital in 1987. Largest individual shareholder in DST Systems Inc., Kansas City-based financial software company. Has estimated worth of $1.5 billion.

RECENT: Philanthropy kick over past year. Along with wife, Julia, gave $8 million to new arts center at Chapman University, already a major contributor there. Family also gave $5 million for a pediatric emergency room at Children’s Hospital of Orange County, $2.5 million for Hoag Memorial Hospital Presbyterian, $2.5 million to Alzheimer’s Association.

PERSONAL: Former owner of Seattle Mariners. Former co-owner of AirCal with fellow OC 50 member William Lyon, sold business in 1981 to American Airlines. Second-generation Greek-American. First job was mowing lawns. 1993 winner of Horatio Alger Award; the Horatio Alger association’s treasurer, chairman emeritus. On numerous local, national boards. Active in politics. Served as U.S. ambassador to Spain from 2001 to 2004. Three children; daughter, Stephanie, last year opened Costa Mesa-based Arnel Estates, a luxury home real estate agency.

—Mark Mueller


Owner, chairman

Irvine Company, Newport Beach

Born in Los Angeles

Age: 80

Lives in Newport Beach

WHY: County’s leading landowner, landlord, with estimated 98 million square feet, including almost 500 office buildings, more than 40 retail centers, 122 apartment communities with nearly 47,000 units, three golf clubs and three resorts. Irvine Ranch among country’s most successful and most copied masterplanned communities. Wealthiest U.S. real estate developer, perhaps in the world, according to Forbes. Business Journal estimates wealth at $13 billion.

HOW: Founded homebuilder California Pacific Homes in 1958. In 1961 started Mission Viejo Co. with O’Neill-Moiso family and others; later sold stake to partners. Part of 1977 group that bought Irvine Co. Bought out most partners for $518 million in 1983. In 1991, paid $256 million court award to heiresses Joan Irvine Smith and mother Athalie Clarke for their shares. Became 100% shareholder in 1996.

RECENT: Development, acquisitions driving company’s growth in OC and other California markets, particularly Silicon Valley. Newport Center seeing two new office towers, additions to Fashion Island shopping center. New apartments being built in OC and other markets; most recent apartment project is Los Olivos, opened this year in Irvine. Subsidiary Irvine Pacific OC’s most active homebuilder for three years running. New housing community Cypress Village opened this month. Also building, buying in Northern California. Recent local purchases include 5,000-unit apartment portfolio giving Irvine Co. presence in several new OC cities. Office buys in Pasadena, San Diego, Silicon Valley over past year. $875 million financing deal completed this month should free up more cash for acquisitions. Newport Coast development Pelican Hill retaining ranking as top resort in U.S. and No. 1 golf resort in world. Contributed more than 50,000 acres—more than half of 93,000-acre Irvine Ranch—as parks and open space.

PERSONAL: Bloomberg Businessweek puts lifetime giving at $1.3 billion, with UCI, UC Santa Barbara, Caltech University, Chapman University, local school districts and Santa Ana-based nonprofit Think Together on recipient list. Awarded president’s medal from University of California, another from UCI. Has endowed more UC distinguished faculty chairs than any other individual. Former Marine officer, he contributed academic chairs at Marine Corps University in Quantico, Va. Involvement with boards of UCI Foundation, Los Angeles County Museum of Art, OC Museum of Art, Caltech, among others. Member of American Academy of Arts and Scientists. Married to entertainment lawyer Brigitte Bren. Splits time between Newport Beach and Los Angeles.

—Mark Mueller


Chief executive, president

FivePoint Communities Inc., Aliso Viejo

Born in Beirut, Lebanon

Age: 54

Lives in Laguna Hills (Nellie Gail)

WHY: In charge of developing homes, commercial space at Great Park Neighborhoods at former El Toro Marine base in Irvine.

HOW: Stepped down as Lennar Corp. chief in-vestment officer in 2009 to take top spot at Five-Point, new company in charge of developing some of Lennar’s largest holdings in California, including 3,700-acre El Toro project. Lennar owns majority of FivePoint. Haddad, also an investor, has final management say.

RECENT: Home sales at residential and commercial development planned around the Orange County Great Park beginning in September. Land sales for first 720 home lots, in the northwest corner of the former base, completed with eight builders in past month, likely raising close to $200 million. Development already moving ahead for second batch of Great Park homes. Between 500 and 1,000 to be built in second phase, starting next year. Spent 2012 negotiating with city over funding plans, scope of development on city-owned Great Park land.

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PERSONAL: He and Jonathan Jaffe (see related entry) named Business People of the Year by Business Journal after leading $1 billion buy of former El Toro base in 2005—biggest local real estate deal in recent memory in the past 20 years. On board of Children’s Hospital of Orange County, University of California, Irvine’s Paul Merage School of Business, University of Southern California’s Lusk Center for Real Estate. Civil engineering degree from American University of Beirut; California licenses in engineering, contracting. Member of Urban Land Institute. Left troubled Lebanon with fiancée, now wife, Dina. Daughter, son.

—Mark Mueller


Chief operating officer

Lennar Corp., Miami

Born in New York

Age: 53

Lives in Laguna Beach (Emerald Bay)

WHY: Local head of housing giant, whose day-to-day operations are largely run out of Aliso Viejo, major investor in former El Toro Marine base.

HOW: No. 3 at Miami-based Lennar, third-lar-gest U.S. homebuilder by revenue, yearly sales of $4.4 billion. Runs much of Lennar’s daily operations from Aliso Viejo. Miami-based headquarters handles Wall Street. Joined with Emile Haddad (see related entry) in 2005 to lead $1 billion buy of former El Toro base. Among deals that propelled Lennar alongside Irvine Co., Rancho Mission Viejo as one of largest developers here.

RECENT: Lennar-backed FivePoint Com-munities, led by Haddad, now preparing for first 720 homes to be built at Great Park Neighborhoods after years of economy-driven delays. Lennar part of first phase of home construction.

PERSONAL: Led Lennar’s charge into California in 1995. Had to buy way into OC’s tight-knit homebuilding club, where big landowners, home-grown builders dominate. On national advisory board of HomeAid America. Undergraduate degree from University of Florida, graduate studies in architecture at Georgia Tech. Joined Lennar out of college. Wife, Karen, three sons. Karen and Jon Jaffe recently honored by Human Options Inc. with the Spirit of Philanthropy award, which recognizes an individual’s or business’ commitment to end the domestic violence cycle.

—Mark Mueller


Founder, chief executive

Mobilitie LLC, Newport Beach

Born in Baldwin Park

Age: 51

Lives in Newport Beach

WHY: Telecom and wireless exec now making waves in OC’s residential, commercial real estate markets.

HOW: Former partner at Deloitte’s telecommunications infrastructure practice, started Mobilitie in 2005. Privately held company quickly grew into one of country’s largest owners of cellphone towers. Scored $1.1 billion from last year’s sale of 2,300 cellphone towers, representing a “portion” of Mobilitie’s assets. Now using proceeds from the deal to buy real estate, primarily in OC, while rolling out business lines for his telecom company.

RECENT: Largest backer of Villa Real Estate, a residential brokerage launched this year that’s targeting high-end coastal properties. Has bought more than $200 million in local commercial, residential properties in separate deals, using some buildings as satellite offices for Villa. Failed in bid last year to buy San Diego Padres baseball team. Remains close to sports scene; new Mobilitie business line provides upgraded wireless service to sports arenas, concert venues. Recent deals with Honda Center in Anaheim, Churchill Downs.

PERSONAL: Last year named Ernst & Young National Entrepreneur of the Year for real estate. Calls Mobilitie as much a real estate venture as a technology company. Wife, Lisa, two children. Family last year gave $1 million to Sage Hill School for upgrades to its sports fields, has also given to Irvine, Newport-Mesa’s school districts.

—Mark Mueller


Executive chairman

William Lyon Homes, Newport Beach

Born in Los Angeles

Age: 90

Lives in Coto de Caza


Chief executive

William Lyon Homes, Newport Beach

Age: 39

Lives in Newport Beach

WHY: Father-son team that runs namesake housing company, long one of region’s most active homebuilders.

HOW: William Lyon Homes, predecessor companies have built estimated 100,000 homes over the past 50 years. Gen. Lyon started Luxury Homes with brother Leon in Fullerton in 1954. Started William Lyon Co. in New-port in 1972, William Lyon Homes in 1993. In 1999 combined with The Presley Cos. under William Lyon Homes name, just in time for housing boom. Took company private in 2006.

RECENT: 2013 marks a return as a publicly traded company for William Lyon Homes, which underwent restructuring, short stint in bankruptcy last year. Plans for $200 million IPO filed in April as way for private equity investors to cash out portion of their investment, while raising money for land buys. IPO would give Lyon family majority voting power, about 18% ownership stake in company. Move to public markets comes with changing of guard in executive ranks. Younger Lyon named chief executive this year, with father taking on executive chairman role. Company now building in Irvine and Ranch Mission Viejo, among local projects. Tapped for first batch of Great Park Neighborhood homes.

PERSONAL: Senior Lyon is a retired Air Force major general and has long history in aviation. Served as chief of Air Force Reserve, 1975 to 1979. Pilot during World War II, Korea; 17 combat decorations. Opened Lyon Air Museum in 2010 next to John Wayne Airport. Joined fellow OC 50 member George Argyros to pay $62 million for AirCal in 1981. Sold five years later to American Airlines for $225 million. Wife, Willa Dean, five children. Younger Lyon is Stanford grad, dual bachelor of science degree in industrial engineering and product design. Worked for homebuilder and its predecessors since 1997, worked way up company ladder, last served as president. Has served on board of Pretend City Children’s Museum since 2005, chair since 2008. Serves on board of governors of Bowers Museum in Santa Ana. Wife, Christina, two children.

—Mark Mueller


Chief executive, president

Rancho Mission Viejo LLC

Born in West Los Angeles

Age: 73

Lives in Laguna Beach (Emerald Bay)

WHY: Heads the development arm of the Moiso, O’Neill and Avery families; real estate development, leasing, cattle, agricultural operations; OC’s No. 2 landowner after Donald Bren.

HOW: Moiso family traces ties to land to 1882. Ranch once covered 200,000 ac-res, stretching from El Toro Creek in Lake Forest to Ocean-side, including all of what is now Camp Pendleton. Family now owns 23,000 acres in the county’s southeastern corner. Developer behind creation of Mission Viejo, Rancho Santa Margarita, Las Flores and Ladera Ranch.

RECENT: New 690-acre residential project called Sendero, opening this year. First new batch of homes for company in more than five years. Some 940 homes are slated to be built, along with 200 apartments.

PERSONAL: Longtime supporter of Mission San Juan Capistrano, Heart of Jesus Retreat in Santa Ana. Well-known for his love of horses; hosts annual Rancho Mission Viejo Rodeo, which has raised more than $1 million for local charities. Staunch Republican, shared childhood friendship in West Los Angeles with former Democratic Gov. Gray Davis. Served two years in Army as infantry officer. Wife, Melinda. Four daughters, Katrina, Cristy, Anne Marie, Francesca. Richard “Dick” O’Neill, Moiso’s uncle and family patriarch, died in 2009. Known as devoted family man, loyal to friends. Grooming next generation of leadership.

—Mark Mueller


Owner, president

Olen Properties Corp., Newport Beach

Born in Mazandaran, Iran

Age: 70

Lives in Laguna Beach (Emerald Bay)

WHY: Billionaire real estate developer. County’s second-largest office landlord after OC 50 member Don Bren.

HOW: Started Olen in 1973. Now owns more than 7.5 million square feet of commercial real estate, about 10,000 apartments in California, Nevada, Florida and Arizona. Along with office and industrial buildings, Olen owns marinas, airport hangars, restaurants and a golf course. Trophy property: Chicago’s One South Dearborn tower, 40-story tower bought in 2006 for reported $362 million. Much of portfolio local. Has close to 2,000 tenants, 380 buildings in OC. Area holdings include low-rise offices, pair of office towers near airport, Olen Pointe office campus in Brea.

RECENT: Olen’s newest line of business: lending. Made loans in excess of $100 million in recent months, including funding the $78 million refinancing of Alameda Square and the 7th Street Produce Market, a 32-acre property in Los Angeles. “More and more so, in order to deploy our liquidity, Olen has resorted to making mortgage loans on everything from (high rises) to smaller loans around the county,” Olenicoff said in March.

PERSONAL: Born in Northern Iran, then under Soviet occupation, during WWII. Parents left Soviet Union for Iran after Russian Revolution due to ties with Czar Nicholas II. Moved to Iranian mining town, then to U.S. when Olenicoff was 15. Worked way through USC, where he graduated with multiple degrees. Worked for Shell, Touche Ross, Motown Records, where he was bean counter for Berry Gordy. Founding partner in real estate syndicator Gemini Pacific. VP of operations at Dunn Properties before starting Olen. Wife, Jeanne. Daughter, Nat-alia, USC grad, is Olen vice president and playing larger role in company. Andrei Olenicoff Memorial Foundation, charity for eye health, blindness cure, set up in honor of late son. Also supports Russian orphans, UC Irvine, Second Harvest Food Bank, Children’s Hospital of Orange County.

—Mark Mueller


Managing partner

C.J. Segerstrom & Sons, Costa Mesa

Born in Orange County

Age: 90

Lives in Newport Beach

WHY: Developer of South Coast Plaza in Costa Mesa and much of the city’s business district, namesake of county’s arts center.

HOW: Long the public face of family developer, own-er of shopping center, office buildings, land in and around Costa Mesa. One of modern OC’s founding fathers. Best known for ritzy South Coast Plaza, first U.S. shopping center to hit $1 billion in yearly sales, said to have highest sales per square foot of any California retail center. Family part of group that owns, runs Costa Mesa office high rises, including César Pelli-designed Plaza Tower, considered among county’s premier buildings. Family business dates back to 1898. Grandfather C.J. Segerstrom was Swedish immigrant farmer. Family was leading lima bean grower by 1950s.

RECENT: Talk of high-end hotels going up on Seg-erstrom-owned land in city’s arts center picking up in the improving real estate market. Apartments going up elsewhere in Costa Mesa on family-owned land, de-signed for older residents. Majority of Henry Segerstrom’s time now fo-cused on arts, philanthropy.

PERSONAL: Performing Arts Center in Costa Mesa renamed Segerstrom Center for the Arts in 2011. Center includes 3,000-seat Segerstrom Hall, 250-seat Founders Hall, 2,000-seat Renée and Henry Segerstrom Concert Hall that opened in 2006. Has given more than $60 million, land to arts center over years. Carnegie Hall Medal of Excellence in 2010 for support of arts. Enlisted in Army, rose from private to field artillery captain in WWII, received Purple Heart in fight to liberate France. Married to third wife, Elizabeth. Daughter, Andrea, sons Anton, Toren by first wife. Anton, son-in-law David Grant involved in business. Runs company with Sandra “Sandy” Seger-strom Daniels, his second cousin. She, her two sisters, brother are estimated to own half of company.

—Mark Mueller


Chief executive, president

Standard Pacific Corp., Irvine

Born in South Gate

Age: 55

Lives in San Juan Capistrano

WHY: Head of largest homebuilder based in Orange County.

HOW: Took over top spot at start of 2012. Steady rise over 25 years at Standard Pacific, whose stock is now worth about $3.2 billion. Replaced former OC 50 member Ken Campbell, turnaround specialist who stepped down after nearly three-year stint at builder. Campbell, Stowell helped bring homebuilder back from brink of bankruptcy, with latter tapped for homebuilding expertise during restructuring.

RECENT: Standard Pacific seeing the fruits of its efforts during the last downturn to fix balance sheet, capitalize on affordable land prices for new projects. Posted net income of $531 million for 2012, compared to a loss of $16.4 million in 2011. Said company “saw significant market improvement during 2012, translating into higher prices and higher sales.” 2013 shaping up to be a strong one, as well. New local projects company is working on include developments in Rancho Mission Viejo, Fullerton’s Amerige Heights.

PERSONAL: Involved in Pretend City, children’s museum in Irvine Spectrum near builder’s headquarters. Also involved in Building Industry Association, Building for America’s Bravest, HomeAid and Brigham Young University Management Society. Worked on creating masterplanned communities, negotiating land sales to homebuilders for Irvine Company. Began at Standard Pacific as project manager for OC. Promoted to OC division president, then put in charge of all of Southern California. Named COO in 2007, president in 2011. Graduated magna cum laude from Brigham Young University. MBA from UC Irvine. Wife, Adrienne, three children.

—Mark Mueller

Daniel H. Young

President, Irvine Community Development Co., Newport Beach Irvine Company, Newport Beach

Born in Orange

Age: 61

Lives in Irvine

WHY: Key Ir-vine Co. executive after chairman and OC 50 member Don Bren.

HOW: Irvine Co. veteran became head of community development in 2007. Responsible for all residential development on the Irvine Ranch. Guides community master planning and development process. Also oversees Irvine Pacific LP, in-house building division.

RECENT: Irvine Pacific is OC’s most active homebuilder for several years running, closed on more than 430 home sales last year. Irvine Ranch has been California’s best-selling masterplanned community for three years in a row, was second-best-selling community in country last year. Stonegate, Laguna Altura projects each more than 50% sold two years after their opening. Another for-sale project, Cypress Village, opened this month. Signs of construction have been seen of late at another North Irvine community, Orchard Hills.

PERSONAL: Graduate of Santa Ana High School. Eight years as Santa Ana’s mayor, 11 years on city council. City’s soccer field named for him. Joined Irvine Co. in 1999. On board of Santa Ana’s Taller San Jose, which provides education, job skills for at-risk young adults. Bachelor’s from Cal State Fullerton, completed coursework toward master’s in public administration from USC. Wife, Leslee, three children.

—Mark Mueller



Chief executive, chairman

Irvine-based Pacific Hospitality Group LLC, owner and operator of high-end hotels, including Balboa Bay Resort


Chairman, president


Chief executive

Newport Beach-based investor KBS Realty Advisors, one of the nation’s most active buyers of commercial real estate


Chief executive, president

Irvine-based Bixby Land Co., owner of about 5 million square feet of office, industrial real estate


Cofounder, chairman

Santa Ana-based City Ventures LLC, homebuilder with more than 10,000 lots throughout California


Owner, president

Santa Ana-based Caribou Industries Inc., owner of about 4 million square feet of commercial real estate in downtown Santa Ana


Partner, chief executive

Aliso Viejo-based homebuilder The New Home Co., developer of Lambert Ranch in Irvine, Meridian in Newport Center


Chief executive, president

J.F. Shea Co.


Chief executive, president

Shea Properties


Chief executive, president

Shea Homes

Walnut-based J.F. Shea’s Commercial development arm based in Aliso Viejo

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