Lerner family stands when acknowledged (Ted is waving)
Lerner family stands when acknowledged (Ted is waving)

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Ted Lerner

The Forbes 400 list doesn’t change too much from year to year. But in this past year of astronomical financial loss, 32 got pushed off, and another six died (can’t buy immortality!), making way for at least one noteworthy local face.

The Redskins’ much-respected owner Dan Snyder is new to the list. On the real estate and development front, there are some old standbys: Tied at 326 sits J. Willard (Bill) Marriott and Richard Marriott, Marriott Hotel executives, both of Potomac.

And then, of course, there’s developer and Nationals boss Ted Lerner, sweetly situated at number 97. Here’s the roundup on him:

Former lawyer borrowed $300 from wife to start real estate developer Lerner Enterprises in 1952. Made fortune building massive shopping malls in the suburbs of Washington, D.C.: Tysons Corner, Tysons II, Wheaton Plaza, Landover Mall, Dulles Town Center, White Flint. Today owns 20 million square feet of commercial, retail space and 7,000 apartments. Also owns stake in NYC’s Chelsea Piers. Moved headquarters to a new ‘green’ building in Maryland last October. Owns pro baseball’s Washington Nationals and small stake in regional broadcaster Mid-Atlantic Sports Network. Opened $600 million Nationals Park last season.

For a complete list of Washington-area locals, check out this WTOP story.

Image by MissChatter, Flickr Creative Commons