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James Goldstein Net Worth: Early Life, Career, Games and Why Is James Goldstein So Rich?

Jimmy Goldstein is a wealthy American businessman. Goldstein attends almost a hundred National Basketball Association games each season. He sits courtside the majority of the time and attends approximately 95% of Los Angeles Lakers and Los Angeles Clippers home games. In addition, he travels to several cities to attend sporting events. His interest in the NBA has been covered in outlets such as USA Today, the Detroit Free Press, the Wall Street Journal, the Boston Globe, and ESPN the Magazine.

Early Life

James F. Goldstein was born on January 5, 1940, in the city of Milwaukee, Wisconsin.

His Career

Jimmy began working at Ramco Investment Corporation shortly after getting his UCLA diploma in 1964.

James Goldstein Net Worth

Ramco made a fortune in the late 1960s by purchasing cheap farmland on the outskirts of Los Angeles and transforming it into neighbourhoods. Jimmy was in charge of locating potential purchases in the Riverside and San Bernardino areas.

Houses on Wheels

As a result of his career in this field, Jimmy was introduced to the shockingly lucrative world of mobile home park ownership. Jimmy created his own real estate investment company in the early 1980s and immediately began purchasing numerous properties. He reportedly owns at least a dozen mobile home parks around California, which serve as his primary source of earnings. There are parks like these in both Northern and Southern California. For example, in 2007, he paid $23 million for a mobile home park in Carson, California, and financed the acquisition with $18 million.

Jimmy’s management style has sparked debate at a few of these mobile home parks, and for good cause. Normally, the government regulates the prices in mobile home parks, but Jimmy has been fighting for years to raise the rentals at his sites. He has won cases against numerous cities that tried to stop him from raising his rent. Furthermore, he has exacerbated problems by utilising laws issued in 1893 that allow landowners to partition their holdings into autonomous towns. Jimmy has been successful in coercing his tenants either purchasing their homes from him or quitting the premises, at which point he is free to raise the rents he charges.

Jimmy has stated in several interviews that he was the one who sold the site that eventually became the ultra-luxurious Century City mall; however, this information has not been confirmed. Jimmy’s business card has the slogan “Fashion, Architecture, and Basketball.”

Basketball Games

Goldstein is most likely recognised for being a fixture at NBA games, where he can be spotted sitting in the best seats while dressed in outrageous costumes.

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This is most likely what has gained him the most attention. In a typical season, he attends over a hundred games, including those in his home state of California as well as those in other regions of the country. He is frequently seen on the sidelines, almost always dressed absurdly.

Net Worth of James Goldstein

Jimmy is estimated to spend more than $500,000 per year on sports tickets and travel expenditures associated with attending games.

James Goldstein Net Worth

Because of his floor season tickets, he routinely attends Los Angeles Clippers and Los Angeles Lakers games.

Sheats and Goldstein’s Home

Jimmy is also well-known for owning a magnificent mansion in Hollywood Hills. The home, known as the “Sheats Goldstein Residence,” was designed by the renowned American architect John Lautner. It was built in the year 1963. Jimmy paid $185,001 for the property in 1972. In today’s money, that equates to one million dollars. Because the previous owners neglected to maintain the property, Goldstein approached Lautner and asked for his help in restoring the property to its former glory. Throughout his career, he amassed a four-acre private rainforest in Beverly Hills by purchasing parcels in the surrounding area.

Brian Warner obtained the living room sofas from Sheats Goldstein House. The house has appeared in several films and television shows, including The Big Lebowski and Charlie’s Angels, to mention a few.

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The property includes an “infinity tennis court” on a neighbouring lot with views of the Los Angeles skyline. Directly beneath the tennis court is a fully working subterranean nightclub known as “Club James.” The club is well-known for hosting several celebrities as guests. Rihanna spent her 27th birthday there with friends including Mick Jagger, Leonardo DiCaprio, and a slew of other celebrities.

According to Brian Warner

The property’s value is projected to exceed one hundred million dollars in the rare event that it is ever put up for sale. If you had any plans to acquire the home,

James Goldstein Net Worth

we regret to inform you that you will be unable to do so because Jimmy intends to gift it to the LACMA Museum after his death. At the very least, you will be able to go on a tour at some time.

Net Worth of James Goldstein

He began working at Ramco Investment Corporation shortly after getting his diploma. Ramco made a fortune in the late 1960s by purchasing cheap farmland on the outskirts of Los Angeles and transforming it into neighbourhoods.

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Jimmy Goldstein’s net worth is expected to be close to $500,000 by the year 2022.

Conclusion

In the United States, Jimmy Goldstein is a well-known real estate developer and basketball fan. Goldstein was born in the city of Milwaukee in the state of Wisconsin. Zahn’s was the name of his father’s department business in Racine.

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