FOUNDER, CEO, KIND LENDING
WHY: In 1989, founded Stearns Lending; sold majority stake to Blackstone in 2015.
In March, started new mortgage company Kind Lending in same South Coast Metro office of prior company.
RECENT: Cancer survivor; was in treatment during filming of reality show Undercover Billionaire (Forbes estimated worth: $500M).
NOTABLE: This year paid the then-record price of $50M for Dean Koontz’s sprawling Newport Coast compound.
QUOTABLE: On mortgage origination goal with new company: “If I’m not doing $26 billion in a couple years, I’m doing something wrong.”
