A few years ago, billionaire Geoffrey Palmer was crowned with an ignominious title: “Downtown L.A.’s worst developer.” It was easy to understand why. From building apartment complexes next to polluting freeways to getting sued for …
Is Billionaire Landlord Sam Zell the Quintessential Corporate Vulture?
Sam Zell, chairman of Equity Residential and Equity LifeStyle Properties, is worth $4.8 billion. He has more money than he knows what to do with. Yet as Californians struggle through the COVID-19 pandemic and housing …