Lang Walker Real Estate Billionaire

Over the years Australian real estate billionaire Lang Walker has made and lost small fortunes in the real estate market.

Did you know that 46 out of the world’s 691 billionaires made their fortunes in the real estate industry? Well, according to Forbes magazine’s 2005 annual list of “The World’s Richest People,” this elite group have quite a bit in common between their habits, lifestyles, and business styles.

Here are some unifying qualities shared by America’s richest real estate mogus.

1. Go commercial.

By Karen Hanover 

While residential investors are at the mercy of the market for appreciation, commercial real estate (CRE) investors can actually make their properties appreciate regardless of market conditions.