Net Worth: $217 million (September 2024)
Robert Sulentic, the CEO of CBRE, is a real estate mogul with an immense fortune. His wealth stems from a combination of factors, including his significant ownership of CBRE stock, executive compensation, and savvy investments.
How Bob Sulentic Amassed His Wealth
Sulentic’s journey to financial success began in 1984 when he entered the real estate industry. After working for Trammell Crow Company for over two decades, he became the CEO of CBRE in 2012.
Under Sulentic’s leadership, CBRE has become a global powerhouse in commercial real estate. The company’s growth has been driven by Sulentic’s strategic vision and focus on customer satisfaction.
Assets and Investments:
- CBRE Stock Ownership: Sulentic owns over 30,000 units of CBRE stock, valued at over $116 million.
- Stock Sales: In 2021, Sulentic sold over $28 million worth of CBRE stock.
- Annual Compensation: As CEO of CBRE, Sulentic earns an annual salary of $25.9 million.
Other Ventures:
- Staples Inc. Director: Sulentic serves as a director at Staples Inc., diversifying his wealth beyond CBRE.
Key Points:
- Sulentic’s wealth is primarily derived from his extensive CBRE stock holdings and executive compensation.
- His astute investments have contributed to his financial success.
- Sulentic’s leadership has been instrumental in CBRE’s growth and profitability.
- His net worth is likely to continue growing as CBRE expands its global presence and service offerings.