|Birth Day:||November 7, 1945|
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With the net worth of $1.2 Billion, Alan Casden is the # 1087 richest person on earth all the time follow our database.
Casden was raised in a Jewish family, the son of a liquor wholesaler. He was bar mitzvahed at the Wilshire Boulevard Temple where he remains a member today. Casden began his academic career as history major, but he was drawn into finance and accounting classes and eventually switched his educational focus to accounting. Casden enrolled at the University of Southern California as a sophomore after his freshman year at UCLA and graduated cum laude from USC's Leventhal School of Accounting in 1968, earning a Bachelor of Science and a Masters in Business Administration from USC.
After earning his degree, Casden took a position with Kenneth Leventhal & Company at the urging of one of his professors. During this period, Kenneth Leventhal became the major accounting firm for large U.S. residential real estate developers, which exposed Casden to a variety of major real estate entities that eventually became his clients. Casden excelled during his time with Kenneth Leventhal, founding the company's San Francisco office in 1969. In 1975, Casden accepted a job with Los Angeles apartment developer Robert Mayer and with financial support from the Belzberg family of Canada, he was able to take control of the firm. In 1980, he bought out the Belzberg interest after a dispute regarding future strategic directions the renamed Casden Properties, LLC, based in Beverly Hills. Using obscure incentives and deductions in the United States Tax Code, Casden was to profitably develop low-income housing projects and within a few years, Casdan properties had become one of the largest multi-family developers in the United States, winning 30 major design awards and earning recognition from the New York Times as an example of the use of urban planning to prevent urban sprawl. In 2002, Casden sold the majority of his real estate portfolio to the Denver real estate investment trust (REIT), Apartment Investment & Management Company (AIMCO) for $1.1 billion in cash, AIMCO stock, and assumed debt.
Additionally, President George W. Bush appointed Casden to serve on the Honorary Delegation to accompany him to Jerusalem for the celebration of the 60th anniversary of the State of Israel in May 2008. In his final days as president, Bush appointed Casden to a five-year term on the U.S. Holocaust Memorial Council, which ended on January 15, 2011. The Memorial council helps oversee and run the United States Holocaust Memorial Museum
Currently, Alan Casden is 77 years, 2 months and 22 days old. Alan Casden will celebrate 78th birthday on a Tuesday 7th of November 2023. Below we countdown to Alan Casden upcoming birthday.