Martin Selig
Real Estate

Martin Selig Net Worth

Martin Selig is a Seattle-based real estate developer who escaped Nazi Germany with his family when he was three years old. After a long journey, they eventually settled in Seattle, where Martin has been ever since. He is now one of the biggest property developers in the city, with 4 million square feet of properties and another 1.5 million under development. He is also a painter, and enjoys bicycling, riding his Harley motorcycle and skiing. He is married with three children, one of whom is in the family business, while another daughter is a producer with two films that debuted in 2015 at the Venice Film Festival.
Martin Selig is a member of Real Estate

Age, Biography and Wiki

Birth Year 1936
Birth Place Seattle, Washington, United States
Age 87 YEARS OLD
Residence Seattle, US
Known for founder and owner of Martin Selig Real Estate
Spouse(s) Andrea Selig (divorced) Catherine Mayer
Children David Selig Lauren Selig Jordan Selig
Parent(s) Manfred and Laura Selig

💰 Net worth: $1.4 Billion (2024)

Martin Selig is a well-known figure in the real estate industry in the United States. As of 2024, his net worth is estimated to be an impressive $1.4 billion, a testament to his success and expertise in the field. Throughout his career, Selig has made significant contributions to the real estate market, acquiring a vast portfolio of properties and playing a crucial role in shaping the urban landscape of several major cities. His wealth and entrepreneurial spirit have undoubtedly solidified his position as one of the most influential and affluent individuals in the real estate sector.

2016 $1.1 Billion
2017 $1 Billion
2018 $1.02 Billion

Biography/Timeline

1902

Martin Selig was born to a Jewish family in Germany, the son of Manfred Selig (1902-1992), who was born in Buchen, Germany, the son of a horse-trader. In 1939 Manfred was warned by a neighbour "that the Nazis had labeled him an undesirable". He, his wife, and two children left quickly. The next day the Nazis confiscated his home and Business. The family hid in warehouses in Frankfurt, before heading eastwards via Poland, Russia, Korea and Japan. They boarded a steamer to San Francisco, but chose Seattle "on a whim" because the boat stopped there and the sun was shining.

1962

Selig worked for his Father in his children's clothing store before building his first shopping centre in 1962.

1980

Since then, he has built mostly tall buildings in Seattle, including two blocks on Fifth Avenue known as Fifth & Jackson and Fifth & Yesler, and by the 1980s owned nearly one-third of Seattle's office space, with Forbes estimating his 1987 net worth at US$ 270 million. He built the Columbia Center in 1985, still the city's tallest building, and sold it in 1989 for $354 million.

1995

He was married to Andrea Selig; they divorced in 1995. They have three children: David, Lauren and Jordan. Selig has since remarried to Artist Catherine Mayer.

2012

His daughter, Lauren Selig, now a Hollywood executive Producer, was married to the Russian-born American Kyril Faenov, head of Microsoft's High Performance Computing Lab, until his suicide in 2012.

2015

In October 2015, he owned 4 million square feet of office space in Seattle, and his estimated net worth was $1.1 billion.

Some Martin Selig 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.