CEO, MX3 Ventures
WHY: Along with brothers Mike, Mark, owns blocks of real estate along Newport Beach’s Mariner’s Mile, plotting redevelopment. Made first fortune through storage device maker STEC.
RECENT: Bought handful of waterfront properties along Mariner’s Mile, including the Charter Yachts site, for nearly $15.4M at start of year.
NOTABLE: Avid sailor, owns 100-foot Rio vessel. Won Transpac 50’s Merlin Trophy, awarded to “the fastest monohull without powered performance systems” for famed sailing competition from Long Beach to Honolulu.