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$40 billion real estate tycoon made his son get an MBA, work elsewhere, and climb the ranks for 13 years to prove he's not a nepotism hire
fortune.com/2025/07/05/related-group-ceo-jorge-perez-succession-planning-sons-ceo-mba-real-estate
Billionaire real estate tycoon Jorge Pérez put his two millennial sons through a nearly 20-year-long succession plan before handing over the reins as Related Group’s CEO in March. Jon Paul and Nick—now leading the empire managing a $40 billion development portfolio—had to get an MBA,…
This story appeared on fortune.com, 2025-07-05 15:51:15.992000.