Leonard Stern Short biography
Leonard Stern is an American entrepreneur and real estate tycoon with a net worth of US$5.1 billion as of March 2024. Born on March 28, 1938, he inherited his wealth from his German-born father, Max Stern, the founder of Hartz Mountain Pet Products. Stern gradually bought out his siblings' shares of the family business and became the sole owner of Hartz Mountain Corporation (HMC) in the early 1960s. He later expanded into real estate, acquiring over 38 million square feet of residential and commercial property in New Jersey, New York, and Chicago.
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