John A Sobrato Net Worth $3.9 Billion
In the “Forbes 400” list, he’s the 108th richest man in the USA. He’s also the 346th richest man in the listing of World Billionaires. John Albert Sobrato has earned his estimated net worth of $3.9 billion with the Cupertino-based Sobrato Development Companies. This is a leading Silicon Valley development business that focuses on commercial and residential real-estate. The organization manages around 7.5 million square feet of commercial space and 30 apartment communities with 6,700 units. Among its commercial renters include Apple, Yahoo! and Netflix. Mr. Sobrato is a graduate of Santa Clara University. Since that time, he’s built up a commercial real-estate empire in the 1960’s and 1970’s along with fellow Silicon Valley building innovator, Carl Berg. In 1978, John A. Sobrato founded his own business which he still manages today with his son, John M. Sobrato, who serves as the CEO. Also, he still serves as the chairman of the business. Along with his family, he created the Sobrato Family Foundation. Through the foundation, he’s donated around $230 million in property and cash to local communities since 1996 as a Giving Pledge signatory. He and his wife made a $5 million contribution to the Santa Clara Valley Medical Center in January. He has also made donations to Strive for Faculty.