Conrad Prebys
Real Estate

Conrad Prebys Net Worth

Conrad Prebys, who passed away on July 24, 2016 after a battle with cancer, was a successful real estate mogul from San Diego, California. He was born in the United States and raised in a working class family in South Bend, Indiana. After graduating from Indiana University, he moved to San Diego with only $500 and got into the construction business. He eventually realized he could make more money by owning and renting out the buildings, and he owned some 80 properties with more than 7,000 apartments. Prebys was a generous philanthropist, donating more than $160 million to several San Diego institutions. He is survived by his life partner, Debbie Turner.
Conrad Prebys is a member of Real Estate

Age, Biography and Wiki

Birth Place United States

💰 Net worth: $1.2 Billion (2024)

Conrad Prebys, a prominent figure in the real estate industry in the United States, is rumored to have an estimated net worth of $1.2 billion by 2024. He has amassed great wealth through his successful ventures and investments in the real estate market. Known for his expertise and strategic approach, Prebys has proven himself as a shrewd businessman, capable of making lucrative deals and maximizing profits. With extensive knowledge of the industry, he has exhibited remarkable foresight, leading him to be recognized as a key player in the real estate sector. His impressive net worth is a testament to his incredible success in the field.

Biography/Timeline

1955

Prebys graduated with distinction from Indiana University's Kelley School of Business in 1955 with a bachelor's degree in Business.

1965

Prebys was born in South Bend, Indiana, and graduated from Indiana University. He moved to San Diego in 1965 and co-founded Progress Construction. He bought out his partner in 1980. Over the years, Prebys shifted his focus from construction to property ownership. As of 2015 he owned 81 properties in the greater San Diego area and had an estimated net worth of approximately $1 billion USD.

2004

In December 2004, just prior to Christmas (his favorite time of year); Conrad Prebys made his first philanthropic gift of $1 million to build the Conrad Prebys Clubhouse in Santee and transform the Boys & Girls Clubs of East County into a premier youth-serving organization. His financial support of the organization enabled the organization to grow in quality and scope of Service for the next twenty plus years. Thanks to his largess, more children are coming to state-of-the-art facilities in some of East County's neediest neighborhoods. The result is a population of children who are positively motivated, physically fit and receiving better grades at school.

2014

In the summer of 2014, Prebys donated $25 million to the Salk Institute for Biological Studies, to fund "cutting-edge biological research on a wide range of diseases." His gift was the institute's largest, enabling its researchers to pursue breakthrough medical therapies.

2015

In June 2015 Prebys was awarded an honorary Doctor of Humane Letters from San Diego State University's College of Business Administration.

Some Conrad Prebys images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.