Net Worth: | $350 Million |
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Date of Birth: | January 26, 1971 (53 years old) |
Gender: | Male |
Profession: | Businessperson and Investor |
Nationality: | United States of America |
What is Kurt Rappaport’s net worth? How does Kurt Rappaport make his money? Below is the current net worth of Kurt Rappaport and how Kurt Rappaport makes his money.
What is Kurt Rappaport’s Net Worth?
Kurt Rappaport is an American investor, real estate businessman, entrepreneur, and founder of the Westside Estate Agency who has a net worth of $350. Kurt Rappaport’s wealth stems primarily from his Beverly Hills-based real estate brokerage Westside Estate Agency.
Early Life and Education
Kurt Fleming Rappaport notably known as Kurt Rappaport was born on 26 January 1971, in Los Angeles, California. His father Floyd A. Rappaport was an entertainment lawyer. He attended the University of Southern California and during his studies, he took a part-time job in real estate. After finishing his studies, he got employed and worked at the Fred Sands Estates, Merrill Lynch Realty, and Stephen Shapiro and Associates.
Westside Estate Agency
Westside Estate Agency in Beverly Hills was founded by Rappaport and Stephen Shapiro in 1999. Afterward in 2006, they launched a location in Malibu.
The “Los Angeles Times” recognized Rappaport and Stephen Shapiro as the two top-notch agents in Los Angeles County.
Kurt Rappaport is an investor who has greatly invested in technology and has a partnership deal with an online digital network.
Kurt Rappaport was one of the executive producers who produced the movie “London Fields” in 2018 featuring popular casts like Theo James, Amber Heard, and Cara Delevingne. He made an appearance in the 2006 VH1 series titled “The Fabulous Life Presents: Really Rich Real Estate.
Honors and Accolades
Kurt Rappaport was awarded The Friar’s Club Icon Award in 2016, he earned the Major League Baseball’s Dave Winfield Humanitarian Award in 2018. Between 2016 and 2021, Kurt Rappaport has been honored by the “Los Angeles Business Journal” and has been enlisted among the “500 Most Influential People In Los Angeles.
Personal Relationship
Kurt Rappaport has three children from his espoused wife Juliette MacArthur. Juliette MacArthur is the daughter of actor James MacArthur. He later got married in 2017 to the Canadian model Sarah Mutch the marriage took place at his Malibu mansion. In 2019, he filed for a divorce.
Kurt Rappaport paid a whooping amount of $3.7 million in 2022 for the acquisition of an ultra-rare Honus Wagner baseball card.
Real Estate
Over the years, Kurt Rappaport possessed a 22,000-square-foot mansion in Malibu. He sold off this home to Canadian billionaire Daryl Katz in August 2018 at the whooping amount of $85 million.
Rappaport sold off his home to actor Tom Cruise for the sum of $30.5 million in 2008, he later sold another of his mansion in Beverly Hills at the sum of $16 million.
Real estate records revealed that in 2015, Kurt Rappaport purchased two mansions one in Malibu for the sum of $7.7 million and the other in Bel Air at the sum of $35 million.
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