May 7, 2019
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REAL ESTATE: Huge loan frees up $500M+ cash
Igor Olenicoff, Orange County’s second-wealthiest resident, is on the lookout for real estate acquisitions here and in other markets.
WHY: Olen owns nearly 8 million square feet of commercial real estate and is Orange County’s second-largest office landlord after Irvine Co. Igor Olenicoff’s estimated $4.6 billion fortune makes him OC’s second-wealthiest resident, trailing only Donald Bren. Daughter Natalia oversees much of company’s day-to-day operations.