Rick Caruso: Wiki, Age, High School, Parents, Children, Ethnicity, Net Worth, Nationality, Controversies, Salary, Career: Rick Caruso is an American businessman named Rick Joseph Caruso. The American real estate company Caruso was created by him, and he previously served as its CEO. He is a millionaire. He served as the president of the Los Angeles Police Commission and a member of the Board of Water and Power Commissioners before becoming the head of the board of trustees of the University of Southern California. In the Los Angeles mayoral election of 2022, Caruso is a Democrat. He had previously registered as a Republican before switching parties.
He has spent his whole life serving Los Angeles and is now recognized as the most prominent real estate developer, civic leader, and philanthropist in the area. What sets him apart from the competition, if anything, is his capacity for attentive listening and comprehension of others’ needs, problems, and experiences. People come first to him. It’s always about the client, the guiding concept that has contributed to his extraordinary success in business.
Rick Caruso Early Life
Italian American Caruso was born in Los Angeles. His father, Henry Caruso, founded Dollar Rent-A-Car and owned a number of auto businesses in the Los Angeles region. His mother Gloria used to appear on billboards. Caruso graduated from the University of Southern California with a Bachelor of Science in 1980. He was a member of the Trojan Knights and Sigma Alpha Epsilon fraternity. In 1983, he received his J.D. as a Margaret Martin Block Scholar.
Rick Caruso Family & Education
Nearly a century ago, Rick Caruso’s Italian grandfather moved his family from a mining village in Pennsylvania to Los Angeles, finally settling in Boyle Heights. Rick is the son of Hank and Gloria Caruso and was born in Los Angeles in 1959.
Rick attended college in Los Angeles, where he had previously grown up. He’d initially enrolled at USC to get a business degree. After completing his business undergraduate degree, Rick went on to Pepperdine University to study law, graduating in 1983.
Rick Caruso would also raise his family in Los Angeles. Rick married Tina following his time in college. Together, they had three sons and a daughter who all attended USC and were raised in Los Angeles.
Rick Caruso Career Beginnings
Rick Caruso started his legal career at Finley Kumble, where he remained an attorney until the firm’s demise in 1987. At that point, he decided to fulfill his entrepreneurial dream and get into the real estate industry, founding Caruso Affiliated Holdings with only himself and his assistant.
He spent the previous 30 years creating an iconic portfolio of retail, residential, and hotel buildings throughout Southern California, ranging from Santa Barbara to Marina del Rey, starting from a duplex in the Westwood region of Los Angeles. He received special praise for The Americana at Brand and The Grove at Farmers Market. Understanding and listening to the people and companies in the areas he invests in are crucial to his success. His aim is to build locations that will keep the community’s fabric together permanently. Rick’s strategy has allowed him to thrive on projects where other developers have failed by addressing community needs, enhancing the area, and knowing how to cooperate with local authorities.
He served as the president of the Los Angeles Police Commission and a member of the Board of Water and Power Commissioners before becoming the head of the board of trustees of the University of Southern California. Caruso was a real estate lawyer with Finley Kumble’s corporate finance department. He founded Caruso, a company that manages, owns, and develops properties, in 1987. He started with parking lots that his father had agreed to lease to Dollar Rent-A-Car, and when the value of the land rose, he acquired them and then sold them. He gave up his law practice in 1990 to concentrate entirely on the construction of residential and commercial structures.
Caruso’s Civic Service
Rick Caruso has been actively involved in community service throughout his career. He held two positions: president of the Los Angeles Police Commission and commissioner on the Los Angeles Department of Water and Power. Through these positions, he gained early exposure to the workings of the government as well as knowledge of the difficulties faced by the city of Los Angeles’ many varied communities.
Rick Caruso Philanthropy
Without a question, Rick Caruso’s personal experiences have influenced his outlook on assisting people and his understanding of the influence our institutions have on our lives. He has invested time in the battle against poverty. His prosperity has allowed him the ability to make sizable contributions to assist in providing education to individuals from underprivileged communities in order to combat unfairness in our educational system. Rick thinks the individuals he assists will not only have better opportunities in their own lives but will also improve the areas in which they reside as they go along their route.
Caruso’s Law School
The Caruso Loan Forgiveness Fund was founded by Caruso and his wife Tina to help low-income and other underprivileged students pay off their law school loans over the course of ten years. He gave $50 million to the newly renamed Pepperdine School of Law in October 2019. The donation is intended for both students pursuing public interest law and historically underrepresented students.
Why Is Rick Caruso In The News?
In the contest for mayor of Los Angeles, California, Rick Caruso is facing off against Karen Bass. After serving two consecutive four-year terms as mayor, Eric Garcetti is term-limited and so ineligible to compete for office a third time. Although Los Angeles, the second-largest city in the US, has chosen Democratic candidates for the past five terms, the post of mayor remains nonpartisan.
Caruso, a millionaire developer of retail malls and luxury real estate, is also concerned about the local housing affordability issue. Caruso, who once held the position of president of the Los Angeles Police Commission, has also committed to addressing the city’s growing crime rate. One of the most costly races of the year is shaping up to be the contest between Bass and Caruso. The millionaire has lavishly invested a staggering sum of his own cash in his mayoral campaign. He has already spent close to $100 million.
Both candidates have received high-profile endorsements in what is one of the most closely watched mayoral races this midterm cycle: Bass has the backing of the current Biden administration and former President Obama, while Caruso has the city’s police union, Kim Kardashian, and Elon Musk.
Rick Caruso Age & Height
Rick is 63 years old because he was born on January 7, 1959. Rick attended Harvard High School, served as an altar boy, and attended Good Shepherd Grammar School. Rick Caruso has a height of 1.96 meters.
Rick Caruso’s Wife & Children
Rick gets wed to Tina Caruso, his dream woman. Gigi and Justin are two of Rick and Tina’s four kids.
Rick Caruso’s Net Worth & Salary
Rick Caruso is one of the wealthiest and most well-liked politicians. According to our analysis of information from sources like Wikipedia, Forbes, and Business Insider, Rick Caruso’s net worth is about US$4 billion.
Here is the full bio of Rick Caruso, his family, brother, sister, spouse, children, school, education, hometown, profession, nationality, body measurements, age, height, weight, eye color, hair color, gender, ethnicity, sexuality, cast, birthday, birthplace, date of birth, religion, net worth.
Information Table Rick Caruso
|Name||Rick Joseph Caruso|
|Height (approx.)||in centimeters– 196cm
in meters– 1.96m
in feet inches-”6’5
|Weight (approx.)||in kilograms– 84 kg
in pounds– 184 Ibs
|Figure Measurement (approx.)||Not Known|
|Eye Colour||Not Known|
|Hair Colour||not Known|
|Date of Birth||7 January 1959|
|Age (as in 2022)||63 Years|
|Birth Place||Los Angeles, California|
|Zodiac sign/Sun sign||Not Known|
|Parents||Father: Henry Caruso
Mother: Gloria Caruso
|Siblings||Brother: Not Known
Sister: Not Known
|Children||4, including Gigi and Justin|
|Net Worth||$4 billion|
Social Media Accounts
Some Lesser Known Facts About Rick Caruso
- He is a hugely prosperous developer with a net worth of $5.3 billion.
- He has experience serving the public, but not as an elected politician.
- In the last 11 years, he has changed his party allegiance four times.
- Hank Caruso, who established Dollar Rent a Car, served time in prison.
- With his wife Tina, he has four children.
FAQs About Rick Caruso
- What is the height of Rick Caruso?
His height is 1.96 m.
2. What is the profession of Rick Caruso?
Rick Caruso is a businessman.
3. Is Rick Caruso Married?
Yes, Rick Caruso is Married.
4. Where is the birthplace of Rick Caruso?
Rick Caruso was born in Los Angeles, California.
5. What is the age of Rick Caruso?
63 years old is Rick Joseph Caruso’s age.
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