About Ted Lerner

Theodore Nathan Lerner is a prominent American real estate developer, philanthropist, and the founder of Lerner Enterprises, a real estate company based in North Bethesda, Maryland. He was born on October 15, 1925, in Washington, D.C.

Lerner Enterprises was founded in 1952, and under Lerner’s leadership, the company has grown to become one of the largest private real estate developers in the United States. The company has developed numerous commercial, retail, residential, and mixed-use properties in the Washington, D.C. metropolitan area, as well as other parts of the country.

Apart from his business ventures, Lerner is also known for his philanthropic work. He has donated generously to various charitable organizations, including the Children’s National Medical Centre, the United Jewish Appeal, and the Jewish Federation of Greater Washington.

Lerner has received numerous awards and honours for his contributions to the real estate industry and philanthropy. In 2009, he was inducted into the Washington Business Hall of Fame, and in 2011, he received the Lifetime Achievement Award from the National Jewish Health organization.

Ted Lerner Family

Theodore Nathan Lerner has been married to his wife, Annette M. Lerner, for over 70 years. They have three children: Mark D. Lerner, Marla Lerner Tanenbaum, and Debra Lerner Cohen.

Mark D. Lerner is also involved in the family business and serves as a principal owner of the Washington Nationals, a Major League Baseball team that the Lerner family acquired in 2006. Marla Lerner Tanenbaum is a philanthropist who has served on the boards of several charitable organizations, and Debra Lerner Cohen is a lawyer who has worked on a number of high-profile legal cases.

The Lerner family is also known for their philanthropy. They have donated millions of dollars to various charitable organizations, including the Children’s National Medical Centre, the United Jewish Appeal, and the Jewish Federation of Greater Washington. The family has also established the Annette M. and Theodore N. Lerner Family Foundation, which supports a wide range of charitable causes in the Washington, D.C. area and beyond.

Income of Ted Lerner

However, according to Forbes’ “The World’s Billionaires” list from 2021, Theodore Lerner had an estimated net worth of $4.1. As the founder of Lerner Enterprises, Theodore Nathan Lerner has primarily focused on real estate development as his main investment area. Under his leadership, Lerner Enterprises has developed numerous commercial, retail, residential, and mixed-use properties in the Washington, D.C. metropolitan area, as well as other parts of the country. Some of the notable properties developed by Lerner Enterprises include:

• Tysons II, a 3.5 million square foot mixed-use development in Tysons Corner, Virginia
• White Flint Mall, a shopping mall in North Bethesda, Maryland
• Dulles 28 Centre, a 1.4 million square foot mixed-use development in Dulles, Virginia
• The Corporate Office Park at Dulles Town Centre, a 600,000 square foot office park in Dulles, Virginia

In addition to his real estate investments, Lerner has also been involved in other business ventures. For example, in 2006, Lerner and his family acquired the Washington Nationals, a Major League Baseball team, for $450 million. The Lerner family also owns a stake in Monumental Sports & Entertainment, which owns several professional sports teams in the Washington, D.C. area, including the Washington Wizards of the NBA and the Washington Capitals of the NHL.

Achievement by Theodore Nathan Lerner

Theodore Nathan Lerner has received several awards and honours throughout his career. Here are some notable ones:

1. In 2009, he was inducted into the Washington Business Hall of Fame.
2. In 2011, he received the Lifetime Achievement Award from the National Jewish Health organization.
3. In 2014, Lerner Enterprises was awarded the NAIOP DC | MD Award of Excellence for Best Mixed-Use Project for their project, The Corporate Office Park at Dulles Town Centre.
4. In 2018, Lerner was honoured with the Jewish Federation of Greater Washington’s 2018 Humanitarian Award.
5. In 2021, Lerner was recognized by the Greater Washington Urban League with the 2021 Impact Leader Award for his work in promoting diversity, equity, and inclusion in the real estate industry.

Some Key Fact Billionaire Theodore Nathan Lerner

Here are some key facts about Theodore Nathan Lerner:

• Theodore Nathan Lerner was born on October 15, 1925, in Washington, D.C., United States.
• He is the founder of Lerner Enterprises, a real estate company based in North Bethesda, Maryland.
• Lerner Enterprises has developed numerous commercial, retail, residential, and mixed-use properties in the Washington, D.C. metropolitan area and other parts of the country.
• Lerner is known for his philanthropic work and has donated generously to various charitable organizations, including the Children’s National Medical Centre, the United Jewish Appeal, and the Jewish Federation of Greater Washington.
• He has been married to his wife, Annette M. Lerner, for over 70 years and they have three children.
• Lerner served in the United States Army during World War II and was awarded a Bronze Star for his service.
• He was inducted into the Washington Business Hall of Fame in 2009, and in 2011, he received the Lifetime Achievement Award from the National Jewish Health organization.
• According to Forbes’ “The World’s Billionaires” list from 2021, Lerner’s estimated net worth was $4.1 billion.

Ted Lerner Death Reason

Ted Lerner the billionaire real estate died at the age of 97 on Sunday. This information is shared by the team of spokespersons of Lerner family to the Forbes on Monday. He took his last breath in his home at Chevy Chase, Maryland. The reason of Ted Lerner death is given by Jennifer Mastin Giglio (National spokesperson) is that,” His cause of death stemmed from complications from pneumonia”.

Our condolence with Lerner family and his loved ones. May God give Strength and power to family to overcome with huge lose in their life.