What Was Robert Durst’s Net Worth at the Time of Death?

The scion of a billionaire household that made its cash in actual property, Robert Durst had an eventful life, to say the least. Over time, he was seemingly implicated in his spouse’s disappearance, acquitted of a homicide, and convicted of one other. Starting within the Nineteen Nineties, Robert was additionally at odds along with his household. ABC Information’ ‘20/20: The Satan You Know’ delves into Robert’s advanced life and the way it ended with a jail sentence. Nevertheless, if you happen to’re interested in how the millionaire amassed his wealth, we’ve received you coated.

How Did Robert Durst Earn His Cash?

Robert’s grandfather, Joseph Durst, was an Austrian-Jewish immigrant who moved to america in 1902. He purchased a constructing in Manhattan, New York, in 1915 and based the Durst Group in 1927. His son, Seymour, joined the agency in 1940, taking on in 1974 when Joseph died. Seymour then targeting buying actual property and constructing a number of skyscrapers within the metropolis.

The constructing and growth that occurred over the following few years cemented the Durst household’s identify as one of many premier actual property builders within the nation. Robert, Seymour’s oldest son amongst 4 kids, was initially seen because the inheritor to take over from Seymour. Nevertheless, he had little interest in the household enterprise. Within the Seventies, Robert opened a well being meals retailer referred to as All Good Issues in Vermont, however that closed inside a few years. He then returned to Manhattan.

Robert additionally pursued nursing and tried his hand at turning into a health care provider. However by the Nineteen Eighties, his erratic conduct meant the household didn’t have a look at him anymore to take over the enterprise. In 1994, Seymour selected Douglas, Robert’s youthful brother, to guide the household enterprise to usher in a brand new period. Quickly after that, Robert grew to become estranged from his household. A legal battle between him and the household ensued as a result of Robert needed to take away the trustees so he may obtain a bigger share of the fortune. Round that point, he obtained about $2 million per yr from the household.

Regardless of not being part of the household enterprise, he made a couple of actual property investments, In 2011, Robert paid $6.1 million for 2 residences in New York Metropolis, flipping them about three years later for a revenue of greater than $4 million. Nevertheless, his arrest in 2015 ultimately ended with a homicide conviction for killing his pal, Susan Berman. Robert died on January 10, 2022, on the age of 78, after a cardiac arrest. On the time of his arrest, his internet price was listed at $100 million.

Robert Durst’s Internet Price on the Time of His Demise

In 2006, the Durst household purchased out Robert’s share for $65 million. Nevertheless, it’s unclear how a lot he needed to spend for authorized charges and different bills, so Robert’s internet price on the time of his dying couldn’t have been greater than $65 million.

Learn Extra: The place is Nick Chavin Now?