David Walentas

David Walentas

David Walentas (#2081)

I just wanted to be a real estate developer. I was attracted to the ability to build stuff, to collect rent, to own it.

  • $ 2 B
  • Real estate
  • United States
  • M
  • 87 Years

About Me

David Walentas founded Two Trees Management, which is best known for transforming two Brooklyn neighborhoods, Dumbo and Williamsburg. Walentas owns over two dozen residential and commercial properties across Dumbo, Brooklyn Heights, Williamsburg and Manhattan. In the 1970s he borrowed $12 million to buy 2 million square feet of industrial buildings in an unpopular part of Brooklyn that later became Dumbo. He acquired the Domino Sugar refinery's 11 acres in Brooklyn for $185.5 million in 2012 and is remaking it; the first tower opened in 2017. Walentas works closely with his son Jed, who became CEO of Two Trees in 2011.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped David Walentas’s rise and global influence.

  • #2052   Billionaires (2026)
  • #378   Forbes 400 (2020)

Wealth Growth

Net Worth Growth Over Time

Tracking David Walentas’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $2.0B (May 4, 2026)