how did james goldstein make his money

He used $18 million in borrowing to pay $23 million for a mobile home park in Carson, California, in 2007. Its clear that Goldstein has a deep attachment to his home, and its likely that it provides him with a great deal of comfort and companionship. Who is the old guy that sits courtside at NBA games? The cost ofTickets to NBA games can vary widely, depending on the teams playing, the location of the game, and demand for tickets. Does James Goldstein attend every NBA game? The house is known for its lack of 90-degree angles, something that was purposely designed by John Lautner, the architect who designed the house. He became famous for attending many NBA games in colorful and eccentric outfits. He argued that Carson had directly targeted him with a rent control guideline, published after he purchased Colony Cove, which stated landlords couldnt bill their tenants for their own mortgage interest. Jimmy Goldstein earned a fortune thanks to real estate in California, primarily mobile home parks. Hear why James Goldstein doesn't like to talk about how he made his money | THE HERD - YouTube Super NBA fan James Goldstein tells you why he's so secretive about about how he made. Once, records show, after pioneering a method that effectively stripped rent control from one of his parks, then defeating a citys efforts to stop him, he sued the city for having tried as a warning to others. In addition to Goldsteins jackets and hat and a digital display about him, the gallery includes memorabilia belonging to other super fans, such as Toronto Raptors supporter Nav Bhatia. His assistant, Roberta, had made neat stacks of emails, itineraries and invoices, printed in large type gentle on his 82-year-old eyes. James F Goldstein was born in Milwaukee, United States, to C. Ellis Goldstein and Nanette Games Goldstein. I would say its not a good thing to do if youre going to be a good corporate citizen, Wynder, the attorney, said of raising rents on seniors who already spent much of the pandemic isolated in their mobile homes. But Smalley said for the most part, following Carsons victories over Goldstein in court, his neighbors are on to fearing the next landlord. More consequential is what that fortune allows: the freedom to cultivate what once wouldve been referred to as insouciance, and is now, among the young and fashionable crowd he surrounds himself with, an IDGAF philosophy. According to Scott Zuffelato, the Halls vice president of philanthropy, the gallery was part of an effort to raise roughly $25 million for an expansion. He does it fairly regularly. I was always trying to be ahead of everyone else.. 2. Youre getting into an area that I dont want to talk about, he says. Renovations have continued, despite the fact that Lautner passed away in 1994. Grant Hill $250 million James F. Goldstein (born January 5, 1940) is an American businessman who attends a large number of National Basketball Association (NBA) games, typically in courtside seats, including many home games for the Los Angeles Lakers and the Los Angeles Clippers. James F. Goldstein is a businessman, but he also has a special place in his heart for basketball, aside from his business acumen. Dwyane Wade $120 million. Related Questions. However, it is reported that he makes his money through real estate investments. By Goldsteins own account, El Dorado hasnt been the masterstroke he expected upon stripping it of rent control. At my age, Im concerned that I wont be around long enough to complete them, Goldstein says. I said, I wanted to invite you, but I didnt have your number, Goldstein recalls. With a net worth of $350 million, he can afford to follow his favorite sport around the country, and he does. Created by award-winning architect John Lautner, the residence was built for Helen and Paul Sheats and their five children. As part of that agreement, the city agreed to subsidize Goldsteins plan by making loans to residents to purchase their lots. Would you fund a worthy cause, start a school, or help a startup? He purchased the home from Helen and Paul Sheats in 1972. (The cost varies wildly depending on the production.) He was recovering from having badly stubbed his toe on a rock while walking on the beach in the Seychelles. The Hollywood Reporter is a part of Penske Media Corporation. As of February 2023, Jimmy Goldstein's net worth is estimated to be roughly $350 Million. In a democracy, the media is free to report and comment on the actions of those in power, without fear of censorship or retribution. While hes on good terms with Jack Nicholson, he says, radio mogul Norm Pattiz has a deep hatred toward me. Most of the realtors and the magazines suspect that he made this amount of money from the real estate. Still, Goldstein has continued to steadily seek rent increases, including during the pandemic. 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He also travels to watch games, especially during the NBA playoffs, and often attends post-game press conferences. His 26-years 100 percent Toronto home game attendance streak finally ended on December 10, 2021 when he was forced into isolation following a COVID-19 outbreak at an event he attended. Frizzy-haired and springy-stepped, in head-to-toe designer leather or, when at home, brightly contrasting tennis gear Goldstein is the poster octogenarian of a certain kind of man, one whom some find admirable and others repellent. The NBAs recent franchise valuations show the leagues top teams are worth billions of dollars. Goldstein remains mum on the subject of how he amassed his wealth, as he believes work is the least interesting thing about him. James F. Goldstein is a businessman, but he also has a special place in his heart for basketball, aside from his business acumen. He is married to Michele B. Chan. Its present owner, James Goldstein, has been revising and perfecting it for 35 years. They had equity in their mobile homes, which despite their name can be difficult to move. His controversial business and finance career led to ongoing clashes with British media, frequently involving litigation or the threat of . John McIlwee, a business manager who restored his own Lautner residence in the Hollywood Hills, believes Goldstein deserves credit for keeping the property open to the public, whether for all-night parties or docent-led walking tours. The black, building situated on the chic Right Bank is comprised of many different floors and rooms that are usually filled with a mix of interesting, and sometimes peculiar, people. Goldstein is game toholdforth for hours about his glittery passions. In response, legislators enacted laws facilitating the conversion of mobile home parks to condo-style subdivisions. Although Goldstein had an appreciation for other sports, he ultimately became somewhat of an ultimate Lakers fan. But theres a catch: To gain access to the house, you must rent out the club, too. ), His lack of hometown pride has led to estrangement among the courtside clique. Jerry Brown signed a law limiting landlords ability to subdivide their parks over the objections of residents. LeBron James $500 million Jimmy Goldstein is an NBA "superfan". James F. Goldstein (born January 5, 1940) is an American businessman who attends over one hundred National Basketball Association (NBA) games each season, typically in courtside seats, including approximately 95 percent of home games for the Los Angeles Lakers and the Los Angeles Clippers. Jeffrey Epstein's various companies paid him $400 million between 1999 and his death, an analysis of public documents by The New York Times' Matthew Goldstein and Steve Eder found. Goldstein, who paid $182,000 in 1972 for the main house, is vexed by what he perceives as the notion that hes spent all these years merely engaged in the act of restoration, pointing out the original version, designed by the Sheats family, includes many effronteries of taste, like wall-to-wall green shag carpeting almost comical it was so bad. The final phase for the new complex will feature a theater to screen the NBA games he cant attend and a guest house. 131k Followers, 1,786 Following, 6,131 Posts - See Instagram photos and videos from James F. Goldstein (@jamesfgoldstein) An owner of mobile home parks throughout California, most of them seniors-only, Goldstein has been unrelenting in his quest to defeat limits on the amount of rent he can charge his tenants, according to court records and interviews with tenants and the city officials with whom he has done battle. I was in dreamland, Smalley said. He re-hired John Lautner to expand on the original design, and over the course of the next 20 years, they did their best to make the house as perfect as they could. Goldstein purchased the property in 1972 from previous owners who allegedly did not keep the house in good condition. NBA players have the opportunity to help out their friends and family by giving away free tickets to games, but it is unclear how often they actually do so. SheatsGoldstein ResidenceJames Goldstein / Places lived. 6. He also . Jimmy Goldsteins House The $80 Million Sheats Goldstein Residence Made Famous By The Big Lebowski | Celebrity Net Worth. The SuperFan Gallery is situated prominently above the hardwood court that is the centerpiece of the museum in Springfield, Mass. He is proud he has taken what he calls his passions for basketball, fashion and architecture and manifested them in a way that will remain after hes gone. Steve Ballmer, the Clippers owner, is also often sitting in these seats. Talkincomeways is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. Over the years he has been in business, he has been able to make a total of $320 million in his net worth as of 2023. Jim Goldstein is popularly known as one of the biggest fans of the NBA. I like it, he acknowledges. How did James Goldstein make his money? Preservationists blanched. Nobody but Goldstein, who has season tickets to both the Los Angeles Lakers and Clippers, is known to watch upward of 100 games per season from the best seats in the house. Designed in 1961 by John Lautner an influential Southern California architect the glass and concrete house clings to the side of a canyon. When asked whether Goldstein was the most problematic landlord faced by those cities during his tenure as their lawyer, Wynder responded: Times one thousand., Hes been a bully and a thorn in our side, Carson Mayor Lula Davis-Holmes said. Superbly seated on a Los Angeles hillside, the Goldstein Residence boasts spectacular views of the city, a tennis court, and even its own nightclub, aptly named "Club . Goldstein sued, as he would in fighting for rent increases in each of the first five years he owned Colony Cove even when he acknowledged a profit. Been revising and perfecting it for 35 years and finance career led to estrangement among the courtside clique show leagues. Career led to estrangement among the courtside clique theater to screen the NBA pay 23... Estrangement among the courtside clique jim Goldstein is popularly known as one of museum! Ongoing clashes with British Media, frequently involving litigation or the threat of of! 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