Hamid Moghadam: Difference between revisions
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| birth_date = {{Birth date and age|1956|08|26|mf=y}} |
| birth_date = {{Birth date and age|1956|08|26|mf=y}} |
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| birth_place = [[Tehran, Iran]] |
| birth_place = [[Tehran]], [[Imperial State of Iran]] |
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| citizenship = American |
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| alma_mater = [[Massachusetts Institute of Technology]] ([[Bachelor of Science|SB]]; [[Master of Science|SM]])<br/>[[Stanford University]] ([[Master of Business Administration|MBA]]) |
| alma_mater = [[Massachusetts Institute of Technology]] ([[Bachelor of Science|SB]]; [[Master of Science|SM]])<br/>[[Stanford University]] ([[Master of Business Administration|MBA]]) |
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| occupation = [[Chairman]] and [[CEO]] of [[Prologis]] |
| occupation = [[Chairman]] and [[CEO]] of [[Prologis]] |
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| years_active = 1980s–present |
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| boards = [[Stanford Management Company]] |
| boards = [[Stanford Management Company]]<br>[[Stanford Graduate School of Business]] |
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| website = [http://www.prologis.com/en/company/senior-officers.html Moghadam - Prologis] |
| website = [http://www.prologis.com/en/company/senior-officers.html Moghadam - Prologis] |
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'''Hamid Moghadam''' (born August 26, 1956) is an [[Iranian-American]] business executive and philanthropist.<ref name = manofvision/><ref name = forbes-kacsmar/><ref name=moghadam-bloomberg>{{cite web|title=Hamid R. Moghadam|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=370415&privcapId=330123|publisher=[[Bloomberg L.P.|Bloomberg]]|access-date=April 28, 2017|archive-url=https://web.archive.org/web/20180416073706/https://www.bloomberg.com/research/stocks/private/person.asp?personId=370415&privcapId=330123|archive-date=April 16, 2018|url-status=live}}</ref> In 2011 Moghadam orchestrated the combination between AMB,<ref name = nytimestomerge/> a firm he co-founded in 1983,<ref name = manofvision/><ref name = forbes-kacsmar/> and ProLogis to create [[Prologis]], the largest logistics real estate company in the world. Moghadam currently serves as Prologis Chairman and CEO, with Prologis operating as a |
'''Hamid Moghadam''' (born August 26, 1956) is an [[Iranian-American]] business executive and philanthropist.<ref name = manofvision/><ref name = forbes-kacsmar/><ref name=moghadam-bloomberg>{{cite web|title=Hamid R. Moghadam|url=https://www.bloomberg.com/research/stocks/private/person.asp?personId=370415&privcapId=330123|publisher=[[Bloomberg L.P.|Bloomberg]]|access-date=April 28, 2017|archive-url=https://web.archive.org/web/20180416073706/https://www.bloomberg.com/research/stocks/private/person.asp?personId=370415&privcapId=330123|archive-date=April 16, 2018|url-status=live}}</ref> In 2011, Moghadam orchestrated the combination between AMB,<ref name = nytimestomerge/> a firm he co-founded in 1983,<ref name = manofvision/><ref name = forbes-kacsmar/> and ProLogis to create [[Prologis]], the largest logistics real estate company in the world. Moghadam currently serves as Prologis Chairman and CEO, with Prologis operating as a global logistics [[real estate investment trust]] (REIT)<ref name = nytimestomerge>{{cite web|title=ProLogis and AMB Property to Merge|url=https://dealbook.nytimes.com/2011/01/31/prologis-and-amb-agree-to-merge/|work=[[New York Times]]|date=January 31, 2011|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140715140011/http://dealbook.nytimes.com/2011/01/31/prologis-and-amb-agree-to-merge/|archive-date=15 July 2014|url-status=live}}</ref><ref name="wsjtomerge">{{cite web|last1=Troianovski|first1=Anton|author-link=Anton Troianovski|date=January 31, 2011|title=Warehouse Giants AMB Property, ProLogis to Merge|url=https://www.wsj.com/articles/SB10001424052748703439504576115793342259946|url-access=subscription|url-status=live|archive-url=https://web.archive.org/web/20150227014906/http://www.wsj.com/articles/SB10001424052748703439504576115793342259946|archive-date=27 February 2015|access-date=6 June 2014|website=[[The Wall Street Journal]]}}</ref> and [[S&P 100]] company.<ref>{{Cite web|url=https://ir.prologis.com/why-invest/why-invest/default.aspx|title=Prologis, Inc - Why Invest - Why Invest}}</ref> |
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== Early life and education == |
== Early life and education == |
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Born |
Born on August 26, 1956,<ref name="sundaytimes2024">{{Cite web |last=Chambers |first=Sam |date=October 17, 2024 |title=Property titan who beat US deportation to build a $218bn empire |url=https://www.thetimes.com/business-money/companies/article/property-titan-who-beat-us-deportation-to-build-a-218bn-empire-w57lr9x5f |work=[[The Sunday Times]] |archive-url=https://archive.today/20241020011540/https://www.thetimes.com/business-money/companies/article/property-titan-who-beat-us-deportation-to-build-a-218bn-empire-w57lr9x5f |archive-date=October 20, 2024 |url-status=live}}</ref> in [[Iran]],<ref name = theboss>{{cite web|last1=Moghadam|first1=Hamid|title=The Boss: Keep the Rejection Letters|url=https://www.nytimes.com/2008/06/22/jobs/22boss.html|date=June 21, 2008|work=[[New York Times]]|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140811024753/http://www.nytimes.com/2008/06/22/jobs/22boss.html|archive-date=11 August 2014|url-status=live}}</ref> he grew up in [[Tehran]],<ref name = manofvision/> where his father was a businessman.<ref name = manofvision/><ref name = theboss/> In 1969<ref name = theboss/> he attended [[Aiglon College]] in [[Switzerland]].<ref name = manofvision/><ref name=feintzeig/><ref name="sundaytimes2024" /> In 1973, he entered the [[Massachusetts Institute of Technology]],<ref name="theboss" /><ref name="feintzeig" /> where he received [[Bachelor of Science|Bachelor]] and [[Master of Science]] degrees in [[engineering]].<ref name="theboss" /><ref name="sap-donor">{{cite web|title=Donor Profile: Hamid Moghadam|url=http://sap.mit.edu/resources/portfolio/moghadam/|publisher=MIT School of Architecture + Planning|access-date=7 August 2014}}{{dead link|date=April 2017}}</ref> In 1980 Moghadam received an [[MBA]] from the [[Stanford Graduate School of Business]] in [[California]].<ref name="familyprof">{{cite web|title=Investing in Faculty: the Moghadam Family Professorship|url=https://www.gsb.stanford.edu/stanford-gsb-experience/news-history/investing-faculty-moghadam-family-professorship|publisher=[[Stanford Graduate School of Business]]|access-date=7 August 2014|archive-url=https://web.archive.org/web/20150125092158/http://www.gsb.stanford.edu/stanford-gsb-experience/news-history/investing-faculty-moghadam-family-professorship|archive-date=25 January 2015|url-status=live}}</ref><ref name="manofvision">{{cite web|last1=Robson|first1=Douglas|title=Man of vision|url=http://www.bizjournals.com/sanfrancisco/stories/1999/11/08/focus1.html|publisher=[[San Francisco Business Times]]|date=November 7, 1999|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140811194826/http://www.bizjournals.com/sanfrancisco/stories/1999/11/08/focus1.html|archive-date=11 August 2014|url-status=live}}</ref> |
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== Career == |
== Career == |
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===Abbey, Moghadam & Company=== |
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After business school, Moghadam<ref name=forbes-kacsmar>{{cite web|last1=Kacsmar|first1=Mike|title=Flexibility, Transparency And Values Drive Entrepreneur's Success|date=May 28, 2014|url=https://www.forbes.com/sites/ey/2014/05/28/flexibility-transparency-and-values-drive-entrepreneurs-success/|work=[[Forbes]]|access-date=6 June 2014|archive-url=https://web.archive.org/web/20140714184930/https://www.forbes.com/sites/ey/2014/05/28/flexibility-transparency-and-values-drive-entrepreneurs-success/|archive-date=14 July 2014|url-status=dead}}</ref><ref name=feintzeig>{{cite web|last1=Feintzeig|first1=Rachel|title=Prologis CEO: A Life Changed By a Revolution|url=https://blogs.wsj.com/atwork/2014/01/03/prologis-ceo-a-life-changed-by-a-revolution/|date=January 1, 2014|publisher=[[Wall Street Journal]]|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140810210901/http://blogs.wsj.com/atwork/2014/01/03/prologis-ceo-a-life-changed-by-a-revolution/|archive-date=10 August 2014|url-status=live}}</ref> started his career at Homestake Mining Company. He later joined John McMahan Associates.<ref name="A">{{Citation|year=2019|title=30th Anniversary Site|publisher=Prologis|url=https://www.prologis.com/about/history/prologis-thirtieth-anniversary}}</ref> In 1983, he and Douglas Abbey founded Abbey, Moghadam & Company in [[San Francisco]], [[California]].<ref name = manofvision/><ref name=forbes-kacsmar/><ref name=robaton>{{cite web|last1=Robaton|first1=Anna|title=Prologis Together|url=http://www.reit.com/news/reit-magazine/may-june-2012/prologis-together|publisher=REIT.com|date=May 2012|access-date=6 June 2014|archive-url=https://web.archive.org/web/20140714235341/http://www.reit.com/news/reit-magazine/may-june-2012/prologis-together|archive-date=14 July 2014|url-status=live}}</ref> Although they planned to provide investment advisory services, according to ''Forbes,'' they soon became known for instead "helping investors revive underperforming assets."<ref name="forbes-kacsmar" /> They were joined by T. Robert Burke in 1984 and established AMB Institutional Realty Advisors, later named AMB Property Corp.,<ref name="manofvision" /> with initial investments in office, industrial and community [[shopping centers]].<ref name="prologis-history-home" /> |
After business school, Moghadam<ref name=forbes-kacsmar>{{cite web|last1=Kacsmar|first1=Mike|title=Flexibility, Transparency And Values Drive Entrepreneur's Success|date=May 28, 2014|url=https://www.forbes.com/sites/ey/2014/05/28/flexibility-transparency-and-values-drive-entrepreneurs-success/|work=[[Forbes]]|access-date=6 June 2014|archive-url=https://web.archive.org/web/20140714184930/https://www.forbes.com/sites/ey/2014/05/28/flexibility-transparency-and-values-drive-entrepreneurs-success/|archive-date=14 July 2014|url-status=dead}}</ref><ref name=feintzeig>{{cite web|last1=Feintzeig|first1=Rachel|title=Prologis CEO: A Life Changed By a Revolution|url=https://blogs.wsj.com/atwork/2014/01/03/prologis-ceo-a-life-changed-by-a-revolution/|date=January 1, 2014|publisher=[[Wall Street Journal]]|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140810210901/http://blogs.wsj.com/atwork/2014/01/03/prologis-ceo-a-life-changed-by-a-revolution/|archive-date=10 August 2014|url-status=live}}</ref> started his career at Homestake Mining Company. He later joined John McMahan Associates.<ref name="A">{{Citation|year=2019|title=30th Anniversary Site|publisher=Prologis|url=https://www.prologis.com/about/history/prologis-thirtieth-anniversary}}</ref> In 1983, he and Douglas Abbey founded Abbey, Moghadam & Company in [[San Francisco]], [[California]].<ref name = manofvision/><ref name=forbes-kacsmar/><ref name=robaton>{{cite web|last1=Robaton|first1=Anna|title=Prologis Together|url=http://www.reit.com/news/reit-magazine/may-june-2012/prologis-together|publisher=REIT.com|date=May 2012|access-date=6 June 2014|archive-url=https://web.archive.org/web/20140714235341/http://www.reit.com/news/reit-magazine/may-june-2012/prologis-together|archive-date=14 July 2014|url-status=live}}</ref> Although they planned to provide investment advisory services, according to ''Forbes,'' they soon became known for instead "helping investors revive underperforming assets."<ref name="forbes-kacsmar" /> They were joined by T. Robert Burke in 1984 and established AMB Institutional Realty Advisors, later named AMB Property Corp.,<ref name="manofvision" /> with initial investments in office, industrial and community [[shopping centers]].<ref name="prologis-history-home" /> |
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In the late 1980s, AMB changed its investment strategy to focus on [[industrial park]]s and [[shopping center]]s in infill trade areas,<ref name=forbes-kacsmar/> with the company beginning to exit the office market in 1987.<ref name=prologis-history-home/> During the collapse of the office building market in the late 1980s, this shift in assets helped the company avoid significant financial repercussions.<ref name=forbes-kacsmar/> AMB launched its first private equity fund in 1989, which focused on industrial and retail properties.<ref name=robaton/> AMB consolidated several of its investment funds in 1997<ref name = theboss/> and [[initial public offering|went public]] as an [[REIT]].<ref name=nyse-prologis>{{cite web|title=Prologis, Inc. |url=https://www.nyse.com/listed/pld.html |publisher=NYSE.com |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20080124003855/http://www.nyse.com/listed/pld.html |archive-date=24 January 2008 }}</ref> In late 1997,<ref name=robaton/> AMB closed its IPO with more than US $2.8 billion in assets.<ref name=prologis-history-home/> |
In the late 1980s, AMB changed its investment strategy to focus on [[industrial park]]s and [[shopping center]]s in infill trade areas,<ref name=forbes-kacsmar/> with the company beginning to exit the office market in 1987.<ref name=prologis-history-home/> During the collapse of the office building market in the late 1980s, this shift in assets helped the company avoid significant financial repercussions.<ref name=forbes-kacsmar/> AMB launched its first private equity fund in 1989, which focused on industrial and retail properties.<ref name=robaton/> AMB consolidated several of its investment funds in 1997<ref name = theboss/> and [[initial public offering|went public]] as an [[REIT]].<ref name=nyse-prologis>{{cite web|title=Prologis, Inc. |url=https://www.nyse.com/listed/pld.html |publisher=NYSE.com |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20080124003855/http://www.nyse.com/listed/pld.html |archive-date=24 January 2008 }}</ref> In late 1997,<ref name=robaton/> AMB closed its IPO with more than US $2.8 billion in assets.<ref name=prologis-history-home/> |
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Throughout 1999, Moghadam "made a series of moves that pared the company of most of its retail holdings, following the notion that [[e-commerce]] would become the high-margin road of the future."<ref name = manofvision/> Selling its retail business around 1999 to focus solely on the industrial sector,<ref name=robaton/> starting that year AMB sold nearly $1 billion in retail assets to [[institutional investor]]s and reallocated funds into [[warehouse]]s in and around major consumption areas.<ref name=webvan>{{cite web|title=1999 ? The Webvan Wager|url=http://prologis30th.com/node/44|publisher=Prologis|access-date=7 August 2014|archive-url=https://web.archive.org/web/20141018092347/http://www.prologis30th.com/node/44|archive-date=18 October 2014|url-status=dead}}</ref><ref name=airport>{{cite web|last1=Starkman |first1=Dean |title=AMB to Buy Airport Space From Aviation Facilities |url=http://archives.californiaaviation.org/airport/msg11429.html |publisher=[[Wall Street Journal]] |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140811131940/http://archives.californiaaviation.org/airport/msg11429.html |archive-date=11 August 2014 }}</ref> By the end of 1999, AMB was the second-largest industrially focused REIT in the United States, with a total market capitalization of $3.5 billion.<ref name = manofvision/> President and CEO of AMB Property Corporation,<ref name=plum-creek/> |
Throughout 1999, Moghadam "made a series of moves that pared the company of most of its retail holdings, following the notion that [[e-commerce]] would become the high-margin road of the future."<ref name = manofvision/> Selling its retail business around 1999 to focus solely on the industrial sector,<ref name=robaton/> starting that year AMB sold nearly $1 billion in retail assets to [[institutional investor]]s and reallocated funds into [[warehouse]]s in and around major consumption areas.<ref name=webvan>{{cite web|title=1999 ? The Webvan Wager|url=http://prologis30th.com/node/44|publisher=Prologis|access-date=7 August 2014|archive-url=https://web.archive.org/web/20141018092347/http://www.prologis30th.com/node/44|archive-date=18 October 2014|url-status=dead}}</ref><ref name=airport>{{cite web|last1=Starkman |first1=Dean |title=AMB to Buy Airport Space From Aviation Facilities |url=http://archives.californiaaviation.org/airport/msg11429.html |publisher=[[Wall Street Journal]] |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140811131940/http://archives.californiaaviation.org/airport/msg11429.html |archive-date=11 August 2014 }}</ref> By the end of 1999, AMB was the second-largest industrially focused REIT in the United States, with a total market capitalization of $3.5 billion.<ref name = manofvision/> President and CEO of AMB Property Corporation,<ref name=plum-creek/> he became AMB chairman in 2000.<ref name=moghadam-bloomberg/> AMB made its first overseas investment in 2002, developing a facility for [[Procter & Gamble]] in [[Mexico City]].<ref name=robaton/> In 2002, AMB initiated an international expansion program<ref name=prologis-history-home>{{cite web|title=Company History|url=http://www.prologis.com/en/company/history.html|publisher=Prologis|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140813210003/http://www.prologis.com/en/company/history.html|archive-date=13 August 2014|url-status=live}}</ref> focused on buying and developing distribution facilities near global trade hubs,<ref name=forbes-kacsmar/> particularly in growth markets such as [[Latin America]], [[Asia]],<ref name=forbes-kacsmar/> and Europe.<ref>{{Cite web|url=https://www.prologis.com/about/history|title = Company History|date = 3 February 2021}}</ref><ref name = corporateprofile>{{cite web|title=Prologis Corporate Profile|url=http://www.prologis.com/docs/Prologis_CorporateProfile_1Q2014-21.pdf|publisher=Prologis|access-date=7 August 2014|archive-url=https://web.archive.org/web/20160304082926/http://www.prologis.com/docs/Prologis_CorporateProfile_1Q2014-21.pdf|archive-date=4 March 2016|url-status=dead}}</ref><ref>{{cite web|title=About Us|url=http://www.prologis.co.uk/about-us.php|publisher=Prologis|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140809184624/http://www.prologis.co.uk/about-us.php|archive-date=9 August 2014|url-status=dead}}</ref><ref name=srofficers/><ref name=exec-committee>{{cite web|title=Executive Committee|url=http://www.prologis.com/en/company/board-of-directors/executive-committee.html|publisher=Prologis|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140808055848/http://www.prologis.com/en/company/board-of-directors/executive-committee.html|archive-date=8 August 2014|url-status=live}}</ref> AMB added an internal development division in 2004.<ref name=robaton/><ref name=moghadam-bloomberg/> |
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===Prologis=== |
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In 2011<ref name=robaton/> Moghadam arranged the combination between AMB and ProLogis to create [[Prologis]], the largest logistics real estate company in the world.<ref name = nytimestomerge/><ref name = wsjtomerge/> With a market cap of approximately $24 billion<ref name=nytimestomerge/> and corporate headquarters remaining in California,<ref name=wsjtomerge/> |
In 2011<ref name=robaton/> Moghadam arranged the combination between AMB and ProLogis to create [[Prologis]], the largest logistics real estate company in the world.<ref name = nytimestomerge/><ref name = wsjtomerge/> With a market cap of approximately $24 billion<ref name=nytimestomerge/> and corporate headquarters remaining in California,<ref name=wsjtomerge/> the new Prologis had around $46 billion in [[assets under management]] (AUM)<ref name=wsjtomerge/> and clients such as [[DHL]], [[Home Depot Inc.]], [[Unilever]],<ref name=wsjtomerge/> and [[FedEx]].<ref name=robaton/> ProLogis CEO Walter Rakowich and Moghadam were appointed as the new company's co-CEOs, with Moghadam becoming the sole CEO<ref name=wsjtomerge/> at the start of 2013.<ref name=feintzeig/><ref name=moghadam-bloomberg/> He oversaw IPOs in [[Japan]] in 2013<ref name=nippon-ipo>{{cite web|last1=Kathleen Chu and Katsuyo Kuwako|title=Nippon Prologis Jumps in Debut After $1 Billion IPO: Tokyo Mover|date=February 14, 2013|url=https://www.bloomberg.com/news/2013-02-14/nippon-prologis-set-to-rise-in-tokyo-debut-after-1-billion-ipo.html|publisher=[[Bloomberg L.P.|Bloomberg]]|access-date=June 9, 2017|archive-url=https://web.archive.org/web/20140714185939/http://www.bloomberg.com/news/2013-02-14/nippon-prologis-set-to-rise-in-tokyo-debut-after-1-billion-ipo.html|archive-date=July 14, 2014|url-status=live}}</ref> and [[Mexico]] in 2014.<ref name=bloomberg-raises1>{{Citation |
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Prologis continues to operate as a [[Public company|publicly traded]] real estate investment trust (REIT)<ref name=google-finance>{{cite web|title=Prologis, Inc. |url=https://www.google.com/finance |
Prologis continues to operate as a [[Public company|publicly traded]] real estate investment trust (REIT)<ref name=google-finance>{{cite web|title=Prologis, Inc. |url=https://www.google.com/finance/quote/PLD:NYSE |publisher=Google Finance |access-date=7 August 2014 |url-status=live |archive-url=https://web.archive.org/web/20140726000052/https://www.google.com/finance?q=nyse%3APLD |archive-date=26 July 2014 }}</ref> on the [[S&P 100]],<ref>{{Cite web|url=https://ir.prologis.com/why-invest/why-invest/default.aspx|title=Prologis, Inc - Why Invest - Why Invest}}</ref><ref name=cnnmoney>{{cite web|title=S&P 500 Index |url=https://money.cnn.com/data/markets/sandp/?page=26 |publisher=CNNMoney.com |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140714225924/http://money.cnn.com/data/markets/sandp/?page=26 |archive-date=14 July 2014 }}</ref> operating logistics and distribution facilities for customers in various industries<ref name = nytimestomerge/><ref name = wsjtomerge/><ref name=forbesbiggest/> in the Americas, Europe, and Asia.<ref name=forbesbiggest>{{cite web|last1=Slatin|first1=Peter|title=Prologis Becomes World's Biggest Industrial Property Company--Now What?|url=https://www.forbes.com/sites/peterslatin/2011/06/20/prologis-becomes-worlds-biggest-industrial-property-company-now-what/|work=[[Forbes]]|date=June 20, 2011|access-date=6 June 2014|archive-url=https://web.archive.org/web/20140714182520/http://www.forbes.com/sites/peterslatin/2011/06/20/prologis-becomes-worlds-biggest-industrial-property-company-now-what/|archive-date=14 July 2014|url-status=live}}</ref> In 2018 he oversaw its acquisition of DCT Industrial Trust for $8.4 billion,<ref name="C">{{Citation|year=2018|title=Prologis to Buy DCT Industrial Trust for $8.4 Billion|publisher=Wall Street Journal|url=https://www.wsj.com/articles/prologis-nears-deal-to-buy-dct-1525026806|access-date=2019-06-19|archive-url=https://web.archive.org/web/20190518153759/https://www.wsj.com/articles/prologis-nears-deal-to-buy-dct-1525026806|archive-date=2019-05-18|url-status=live}}</ref> and in 2020, acquisitions of [[Liberty Property Trust]] for $13 billion and Industrial Property Trust for $4 billion,<ref>[https://www.forbes.com/sites/kevindowd/2022/06/14/as-warehouse-stocks-slump-prologis-doubles-down-with-a-26-billion-takeover/?sh=51325ec65c95 As Warehouse Stocks Slump, Prologis Doubles Down With A $26 Billion Takeover] by Kevin Dowd; Forbes. June 14, 2022.</ref> then Duke Realty in 2022 for $23 billion.<ref>[https://www.wsj.com/articles/SB00337611428718143888104588602311485175392 Prologis, the world’s largest warehouse operator, agreed to acquire rival real-estate company Duke Realty in a $23 billion deal] [[The Wall Street Journal]]. June 14, 2022.</ref> The company's platform totals 1.2 billion square feet that is owned, managed or under development in 19 countries,<ref>[https://www.reitnotes.com/reit/symbol/PLD "About Prologis, Inc."] REIT Notes. Accessed February 25, 2023.</ref> with about $196 billion in assets under management.<ref>[https://ir.prologis.com/investor-overview/default.aspx Investor Relations] Prologis. Accessed February 25, 2023.</ref> Moghadam frequently appears on major television networks to talk about the real estate industry, including [[CNBC]],<ref name=cnbc-pro-id>{{cite web|title=Prologis, Inc.|url=https://www.cnbc.com/id/1512148|publisher=CNBC|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140811190623/https://www.cnbc.com/id/1512148|archive-date=11 August 2014|url-status=live}}</ref> [[Bloomberg TV]], and [[Fox Business Network]], as a real estate industry expert.<ref name=broadcast>{{cite web|title=Broadcast Coverage|url=http://www.prologis.com/en/news/broadcast-coverage.html|publisher=Prologis|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140813214349/http://www.prologis.com/en/news/broadcast-coverage.html|archive-date=13 August 2014|url-status=live}}</ref> |
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In 2023, Moghadam's total compensation from Prologis was $50.9 million, representing a CEO-to-median worker [[Wage ratio|pay ratio]] of 400-to-1 for that year.<ref>{{Cite web |date=2024-06-07 |title=Equilar 100: CEO Pay at the Largest Companies by Revenue |url=https://www.equilar.com/reports/111-table-equilar-new-york-times-top-100-highest-paid-ceos-2024.html |url-status=live |archive-url=https://web.archive.org/web/20240815195403/https://www.equilar.com/reports/111-table-equilar-new-york-times-top-100-highest-paid-ceos-2024.html |archive-date=2024-08-15 |access-date=2024-08-31 |website=Equilar |language=en}}</ref> |
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== Industry boards and committees == |
== Industry boards and committees == |
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In the 1990s, he joined the MIT Center for Real Estate's advisory committee,<ref name=plum-creek/> and became a founding member of [[The Real Estate Roundtable]] |
In the 1990s, he joined the MIT Center for Real Estate's advisory committee,<ref name=plum-creek/> and became a founding member of [[The Real Estate Roundtable]]<ref name=srofficers>{{cite web|title=Senior Officers: Hamid R. Moghadam|url=http://www.prologis.com/en/company/senior-officers.html|publisher=Prologis|access-date=April 16, 2017|archive-url=https://web.archive.org/web/20170112230915/http://www.prologis.com/en/company/senior-officers.html|archive-date=January 12, 2017|url-status=live}}</ref> as vice chairman of the National Realty Committee.<ref name=plum-creek>{{cite web|title=Plum Creek Announces New Board Appointments|url=http://investor.weyerhaeuser.com/pcl-news-releases?item=309|date=July 19, 1999|publisher=Plum Creek Timber Company, Inc.|access-date=7 August 2014|archive-url=https://web.archive.org/web/20170205105357/http://investor.weyerhaeuser.com/pcl-news-releases?item=309|archive-date=5 February 2017|url-status=live}}</ref> He is a member of the national [[Business Roundtable]],<ref>{{cite web|url=https://www.politico.com/story/2016/06/business-leaders-endorse-hillary-clinton-224706 |title=Hillary Clinton racks up business endorsementsg|author=Nelson, Louis|date=2024-06-23|website=www.politico.com|accessdate=2024-09-09}}</ref><ref>{{cite web|url=https://www.businessroundtable.org/about-us/members|title=Members|website=www.businessroundtable.org|accessdate=2024-09-09}}</ref> and served as a trustee of the [[Urban Land Institute]],<ref name=srofficers/> joining the executive committee of its board of directors.<ref name="Board of Directors">{{cite web|title=Board of Directors |url=http://uli.org/about-uli/leadership-governance/board/ |publisher=Urban Land Institute |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140625074307/http://uli.org/about-uli/leadership-governance/board/ |archive-date=25 June 2014 }}</ref><ref name=spire-stand>{{cite web|title=Hamid R. Moghadam|url=http://www.spirestanford.org/srec-profile/hamid-r-moghadam|publisher=Stanford Professionals In Real Estate|access-date=7 August 2014|url-status=dead|archive-url=https://web.archive.org/web/20160303210337/http://www.spirestanford.org/srec-profile/hamid-r-moghadam|archive-date=3 March 2016}}</ref> He was also the chairman of [[National Association of Real Estate Investment Trusts]] (NAREIT)<ref name = nareitchair>{{cite web|last1=Bechard|first1=Matthew|title=REITs@50: Industry Reflections, Hamid Moghadam of AMB Property Corp.|url=http://www.reit.com/news/videos/reits50-industry-reflections-hamid-moghadam-amb-property-corp|publisher=NAREIT|access-date=7 August 2014|archive-url=https://web.archive.org/web/20150908231244/https://www.reit.com/news/videos/reits50-industry-reflections-hamid-moghadam-amb-property-corp|archive-date=8 September 2015|url-status=live}}</ref> in 2004.<ref name=nareit-award/> |
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== Philanthropy == |
== Philanthropy == |
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Moghadam has served on various philanthropic and community boards in the [[San Francisco Bay Area]].<ref name=making-waves>{{cite web|title=Board of Directors|url=http://www.making-waves.org/foundation/about-us/boards|publisher=Making Waves Foundation|access-date=7 August 2014|archive-url=https://web.archive.org/web/20141022070051/http://making-waves.org/foundation/about-us/boards|archive-date=22 October 2014|url-status=dead}}</ref> He served on the boards of Town School for Boys, the [[California Academy of Sciences]], and the [[Bay Area Discovery Museum]],<ref name=srofficers/> and he was chairman of the [[Young Presidents Organization|Young Presidents Organization's]] Northern California chapter.<ref name=srofficers/><ref name=academy-newmembers>{{cite web|title=Seven New Members Elected to Serve on the California Academy of Sciences Board of Trustees |url=http://www.calacademy.org/newsroom/releases/2006/Board_elections.php |publisher=California Academy of Sciences |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140811011102/http://www.calacademy.org/newsroom/releases/2006/Board_elections.php |archive-date=11 August 2014 }}</ref> |
Moghadam has served on various philanthropic and community boards in the [[San Francisco Bay Area]].<ref name=making-waves>{{cite web|title=Board of Directors|url=http://www.making-waves.org/foundation/about-us/boards|publisher=Making Waves Foundation|access-date=7 August 2014|archive-url=https://web.archive.org/web/20141022070051/http://making-waves.org/foundation/about-us/boards|archive-date=22 October 2014|url-status=dead}}</ref> He served on the boards of Town School for Boys, the [[California Academy of Sciences]], and the [[Bay Area Discovery Museum]],<ref name=srofficers/> and he was chairman of the [[Young Presidents Organization|Young Presidents Organization's]] Northern California chapter.<ref name=srofficers/><ref name=academy-newmembers>{{cite web|title=Seven New Members Elected to Serve on the California Academy of Sciences Board of Trustees |url=http://www.calacademy.org/newsroom/releases/2006/Board_elections.php |publisher=California Academy of Sciences |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140811011102/http://www.calacademy.org/newsroom/releases/2006/Board_elections.php |archive-date=11 August 2014 }}</ref> |
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Previously a [[trustee]] of [[Stanford University]],<ref name=stanfordtrustees>{{cite web|title=2014 Board of Trustees |url=http://facts.stanford.edu/administration/ |publisher=Stanford University |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140702234935/http://facts.stanford.edu/administration/ |archive-date= 2 July 2014 }}</ref><ref name=srofficers/> Moghadam is currently a board member of the [[Stanford Management Company]],<ref name=srofficers/><ref name = familyprof/> and was its former chairman.<ref name = familyprof/><ref name=srofficers/> |
Previously a [[trustee]] of [[Stanford University]],<ref name=stanfordtrustees>{{cite web|title=2014 Board of Trustees |url=http://facts.stanford.edu/administration/ |publisher=Stanford University |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140702234935/http://facts.stanford.edu/administration/ |archive-date= 2 July 2014 }}</ref><ref name=srofficers/> Moghadam is currently a board member of the [[Stanford Management Company]],<ref name=srofficers/><ref name = familyprof/> and was its former chairman.<ref name = familyprof/><ref name=srofficers/> He and his wife established the Moghadam Family Professorship in the [[Stanford Graduate School of Business]], where he serves on the advisory council,<ref name = familyprof/> after endowing the Stanford Hamid and Christina Moghadam Program in Iranian Studies in 2006, which focuses on undergraduate courses related to Iran.<ref name=i-stanford-studies>{{Citation |year=2017 |title=Stanford Hamid and Christina Moghadam Program in Iranian Studies Mission & History|publisher=Stanford University |url=https://iranian-studies.stanford.edu/about/mission-history |access-date=22 June 2023|archive-url=https://web.archive.org/web/20170611003602/https://iranian-studies.stanford.edu/about/mission-history |archive-date=2017-06-11 |url-status=live }}</ref><ref name=moghadam-award>{{Citation |year=2017 |title=Moghadam Award |publisher=Stanford University |url=https://iranian-studies.stanford.edu/iran-2040-project/moghadam-award |access-date=April 28, 2017 |archive-url=https://web.archive.org/web/20170611105729/https://iranian-studies.stanford.edu/iran-2040-project/moghadam-award |archive-date=June 11, 2017 |url-status=live }}</ref> |
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== Awards and recognition == |
== Awards and recognition == |
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Moghadam was named [[Ernst & Young|EY]]'s 1998 Real Estate Award Winner for the Northern California Region.<ref name=EY-realestate>{{cite web|title=Hamid R. Moghadam|url=http://eoyhof.ey.com/#!/search|publisher=[[Ernst & Young|EY]]|access-date=April 24, 2017|archive-url=https://web.archive.org/web/20060614150043/http://eoyhof.ey.com/#!/search|archive-date=June 14, 2006|url-status=dead}}</ref> |
Moghadam was named [[Ernst & Young|EY]]'s 1998 Real Estate Award Winner for the Northern California Region.<ref name=EY-realestate>{{cite web|title=Hamid R. Moghadam|url=http://eoyhof.ey.com/#!/search|publisher=[[Ernst & Young|EY]]|access-date=April 24, 2017|archive-url=https://web.archive.org/web/20060614150043/http://eoyhof.ey.com/#!/search|archive-date=June 14, 2006|url-status=dead}}</ref> In 2005, Moghadam was presented with an Industry Leadership Award from the [[National Association of Real Estate Investment Trusts]] (NAREIT).<ref name=walkers/><ref name=nareit-award>{{cite web|title=REIT Industry Honors AMB's Hamid Moghadam|url=https://www.reit.com/sites/default/files/media/Portals/0/Files/Nareit/htdocs/newsroom/Awards%20Press%20Release.pdf|publisher=National Association of Real Estate Investment Trusts (NAREIT)|access-date=7 August 2014|archive-url=https://web.archive.org/web/20150906042128/https://www.reit.com/sites/default/files/media/Portals/0/Files/Nareit/htdocs/newsroom/Awards%20Press%20Release.pdf|archive-date=6 September 2015|url-status=live}}</ref><ref name=nareit-award-two>{{cite web|title=NAREIT Industry Leadership Award Recipients|url=http://www.reit.com/nareit/about-nareit/industry-awards/leadership-and-achievement-awards|publisher=National Association of Real Estate Investment Trusts|access-date=7 August 2014|archive-url=https://web.archive.org/web/20140719094725/http://www.reit.com/nareit/about-nareit/industry-awards/leadership-and-achievement-awards|archive-date=19 July 2014|url-status=live}}</ref> He received a Lifetime of Building Award from the Commercial Real Estate Development Association (NAIOP) in 2007, and also that year he received the Wisconsin Alumni Center's Vision Setter Award.<ref name=walkers>{{cite web|title=Hamid Moghadam |url=http://www.walkersresearch.com/profilePages/Show_Executive_Title/Executive_detail.asp?id=10002076000001 |archive-url=https://archive.today/20140812001044/http://www.walkersresearch.com/profilePages/Show_Executive_Title/Executive_detail.asp?id=10002076000001 |url-status=dead |archive-date=12 August 2014 |publisher=Walker's Research |access-date=7 August 2014 }}</ref> Moghadam received the [[Ernst & Young|EY]] National Entrepreneur of the Year Overall Award in 2013,<ref name=eyaward>{{cite web|title=2013 EY Entrepreneur Of The Year |url=http://www.ey.com/US/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/US_EOY_2013-winners |publisher=Ernst & Young Global Limited |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140707104747/http://www.ey.com/US/en/About-us/Entrepreneurship/Entrepreneur-Of-The-Year/US_EOY_2013-winners |archive-date= 7 July 2014 }}</ref> as well as<ref name="paaiea-ellis"/> the [[Ellis Island Medal of Honor]] from the National Ethnic Coalition of Organizations Foundations, Inc. (NECO).<ref name="paaiea-ellis">{{cite web|title=Iranian American Ellis Island Honorees |url=http://www.paaia.org/CMS/ellis-island-honorees.aspx |publisher=Public Affairs Alliance of Iranian Americans, Inc. |access-date=7 August 2014 |url-status=dead |archive-url=https://web.archive.org/web/20140818015648/http://www.paaia.org/CMS/ellis-island-honorees.aspx |archive-date=18 August 2014 }}</ref> ''[[Harvard Business Review]]'' named him one of the 100 Best-Performing CEOs in the World three times,<ref name=Prologis>{{Cite web |url=https://www.prologis.cn/en/logistics-industry-feature/prologis-moghadam-rises-harvard-business-reviews-2018-best-performing |title=Prologis' Moghadam Rises on Harvard Business Review's 2018 Best-Performing CEO List |date=29 October 2018 |access-date=2019-10-14 |archive-url=https://web.archive.org/web/20191014201253/https://www.prologis.cn/en/logistics-industry-feature/prologis-moghadam-rises-harvard-business-reviews-2018-best-performing |archive-date=2019-10-14 |url-status=live }}</ref><ref name=hbr-best>{{cite news |date=November 2016 |title=The Best-Performing CEOs in the World |url=https://hbr.org/2016/11/the-best-performing-ceos-in-the-world |work=[[Harvard Business Review]] |access-date=April 28, 2017 |archive-url=https://web.archive.org/web/20170530034834/https://hbr.org/2016/11/the-best-performing-ceos-in-the-world |archive-date=May 30, 2017 |url-status=live }}</ref> and a number of industry publications have named him their CEO of the Year.<ref name=walkers/> |
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==Personal life== |
==Personal life== |
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Moghadam and his wife Christina<ref name = familyprof/> have a son together.<ref name = manofvision/><ref name = theboss/> In American politics, as of [[2016 United States presidential election|2016]], Moghadam had endorsed both [[Republican Party (United States)|Republican]]s and [[Democracy|Democrat]]s.<ref name=bloomberg-rp>{{cite news |last=Epstein |first=Jennifer |date=June 23, 2016 |title=Republicans Are Among Business Leaders Backing Clinton |url=https://www.bloomberg.com/politics/articles/2016-06-23/republicans-are-among-business-leaders-backing-clinton |work=[[Bloomberg L.P.|Bloomberg]] |access-date=April 16, 2017 |url-access=subscription |archive-url=https://web.archive.org/web/20170416125728/https://www.bloomberg.com/politics/articles/2016-06-23/republicans-are-among-business-leaders-backing-clinton |archive-date=April 16, 2017 |url-status=live }}</ref> |
Moghadam and his wife Christina<ref name = familyprof/> have a son together.<ref name = manofvision/><ref name = theboss/> In American politics, as of [[2016 United States presidential election|2016]], Moghadam had endorsed both [[Republican Party (United States)|Republican]]s and [[Democracy|Democrat]]s.<ref name=bloomberg-rp>{{cite news |last=Epstein |first=Jennifer |date=June 23, 2016 |title=Republicans Are Among Business Leaders Backing Clinton |url=https://www.bloomberg.com/politics/articles/2016-06-23/republicans-are-among-business-leaders-backing-clinton |work=[[Bloomberg L.P.|Bloomberg]] |access-date=April 16, 2017 |url-access=subscription |archive-url=https://web.archive.org/web/20170416125728/https://www.bloomberg.com/politics/articles/2016-06-23/republicans-are-among-business-leaders-backing-clinton |archive-date=April 16, 2017 |url-status=live }}</ref> |
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In July 2022, Moghdam was robbed at gunpoint outside his home in [[San Francisco]].<ref>{{Cite news |last=Yeung |first=Ngai |date=July 28, 2022 |title=Real Estate CEO Robbed at Gunpoint Calls San Francisco Crime 'Absolutely Unacceptable' |url=https://www.bloomberg.com/news/articles/2022-07-28/real-estate-ceo-says-he-was-robbed-outside-san-francisco-home |publisher=[[Bloomberg News]] |archive-url=https://archive.today/20220729152801/https://www.bloomberg.com/news/articles/2022-07-28/real-estate-ceo-says-he-was-robbed-outside-san-francisco-home |archive-date=July 29, 2022 |url-status=live}}</ref> |
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==References== |
==References== |
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Latest revision as of 16:14, 21 October 2024
Hamid R. Moghadam | |
---|---|
Born | |
Citizenship | American |
Alma mater | Massachusetts Institute of Technology (SB; SM) Stanford University (MBA) |
Occupation(s) | Chairman and CEO of Prologis |
Years active | 1980s–present |
Board member of | Stanford Management Company Stanford Graduate School of Business |
Website | Moghadam - Prologis |
Hamid Moghadam (born August 26, 1956) is an Iranian-American business executive and philanthropist.[1][2][3] In 2011, Moghadam orchestrated the combination between AMB,[4] a firm he co-founded in 1983,[1][2] and ProLogis to create Prologis, the largest logistics real estate company in the world. Moghadam currently serves as Prologis Chairman and CEO, with Prologis operating as a global logistics real estate investment trust (REIT)[4][5] and S&P 100 company.[6]
Early life and education
[edit]Born on August 26, 1956,[7] in Iran,[8] he grew up in Tehran,[1] where his father was a businessman.[1][8] In 1969[8] he attended Aiglon College in Switzerland.[1][9][7] In 1973, he entered the Massachusetts Institute of Technology,[8][9] where he received Bachelor and Master of Science degrees in engineering.[8][10] In 1980 Moghadam received an MBA from the Stanford Graduate School of Business in California.[11][1]
Career
[edit]Abbey, Moghadam & Company
[edit]After business school, Moghadam[2][9] started his career at Homestake Mining Company. He later joined John McMahan Associates.[12] In 1983, he and Douglas Abbey founded Abbey, Moghadam & Company in San Francisco, California.[1][2][13] Although they planned to provide investment advisory services, according to Forbes, they soon became known for instead "helping investors revive underperforming assets."[2] They were joined by T. Robert Burke in 1984 and established AMB Institutional Realty Advisors, later named AMB Property Corp.,[1] with initial investments in office, industrial and community shopping centers.[14]
Going public with AMB
[edit]In the late 1980s, AMB changed its investment strategy to focus on industrial parks and shopping centers in infill trade areas,[2] with the company beginning to exit the office market in 1987.[14] During the collapse of the office building market in the late 1980s, this shift in assets helped the company avoid significant financial repercussions.[2] AMB launched its first private equity fund in 1989, which focused on industrial and retail properties.[13] AMB consolidated several of its investment funds in 1997[8] and went public as an REIT.[15] In late 1997,[13] AMB closed its IPO with more than US $2.8 billion in assets.[14]
Throughout 1999, Moghadam "made a series of moves that pared the company of most of its retail holdings, following the notion that e-commerce would become the high-margin road of the future."[1] Selling its retail business around 1999 to focus solely on the industrial sector,[13] starting that year AMB sold nearly $1 billion in retail assets to institutional investors and reallocated funds into warehouses in and around major consumption areas.[16][17] By the end of 1999, AMB was the second-largest industrially focused REIT in the United States, with a total market capitalization of $3.5 billion.[1] President and CEO of AMB Property Corporation,[18] he became AMB chairman in 2000.[3] AMB made its first overseas investment in 2002, developing a facility for Procter & Gamble in Mexico City.[13] In 2002, AMB initiated an international expansion program[14] focused on buying and developing distribution facilities near global trade hubs,[2] particularly in growth markets such as Latin America, Asia,[2] and Europe.[19][20][21][22][23] AMB added an internal development division in 2004.[13][3]
Prologis
[edit]In 2011[13] Moghadam arranged the combination between AMB and ProLogis to create Prologis, the largest logistics real estate company in the world.[4][5] With a market cap of approximately $24 billion[4] and corporate headquarters remaining in California,[5] the new Prologis had around $46 billion in assets under management (AUM)[5] and clients such as DHL, Home Depot Inc., Unilever,[5] and FedEx.[13] ProLogis CEO Walter Rakowich and Moghadam were appointed as the new company's co-CEOs, with Moghadam becoming the sole CEO[5] at the start of 2013.[9][3] He oversaw IPOs in Japan in 2013[24] and Mexico in 2014.[25]
Prologis continues to operate as a publicly traded real estate investment trust (REIT)[26] on the S&P 100,[27][28] operating logistics and distribution facilities for customers in various industries[4][5][29] in the Americas, Europe, and Asia.[29] In 2018 he oversaw its acquisition of DCT Industrial Trust for $8.4 billion,[30] and in 2020, acquisitions of Liberty Property Trust for $13 billion and Industrial Property Trust for $4 billion,[31] then Duke Realty in 2022 for $23 billion.[32] The company's platform totals 1.2 billion square feet that is owned, managed or under development in 19 countries,[33] with about $196 billion in assets under management.[34] Moghadam frequently appears on major television networks to talk about the real estate industry, including CNBC,[35] Bloomberg TV, and Fox Business Network, as a real estate industry expert.[36]
In 2023, Moghadam's total compensation from Prologis was $50.9 million, representing a CEO-to-median worker pay ratio of 400-to-1 for that year.[37]
Industry boards and committees
[edit]In the 1990s, he joined the MIT Center for Real Estate's advisory committee,[18] and became a founding member of The Real Estate Roundtable[22] as vice chairman of the National Realty Committee.[18] He is a member of the national Business Roundtable,[38][39] and served as a trustee of the Urban Land Institute,[22] joining the executive committee of its board of directors.[40][41] He was also the chairman of National Association of Real Estate Investment Trusts (NAREIT)[42] in 2004.[43]
Philanthropy
[edit]Moghadam has served on various philanthropic and community boards in the San Francisco Bay Area.[44] He served on the boards of Town School for Boys, the California Academy of Sciences, and the Bay Area Discovery Museum,[22] and he was chairman of the Young Presidents Organization's Northern California chapter.[22][45]
Previously a trustee of Stanford University,[46][22] Moghadam is currently a board member of the Stanford Management Company,[22][11] and was its former chairman.[11][22] He and his wife established the Moghadam Family Professorship in the Stanford Graduate School of Business, where he serves on the advisory council,[11] after endowing the Stanford Hamid and Christina Moghadam Program in Iranian Studies in 2006, which focuses on undergraduate courses related to Iran.[47][48]
Awards and recognition
[edit]Moghadam was named EY's 1998 Real Estate Award Winner for the Northern California Region.[49] In 2005, Moghadam was presented with an Industry Leadership Award from the National Association of Real Estate Investment Trusts (NAREIT).[50][43][51] He received a Lifetime of Building Award from the Commercial Real Estate Development Association (NAIOP) in 2007, and also that year he received the Wisconsin Alumni Center's Vision Setter Award.[50] Moghadam received the EY National Entrepreneur of the Year Overall Award in 2013,[52] as well as[53] the Ellis Island Medal of Honor from the National Ethnic Coalition of Organizations Foundations, Inc. (NECO).[53] Harvard Business Review named him one of the 100 Best-Performing CEOs in the World three times,[54][55] and a number of industry publications have named him their CEO of the Year.[50]
Personal life
[edit]Moghadam and his wife Christina[11] have a son together.[1][8] In American politics, as of 2016, Moghadam had endorsed both Republicans and Democrats.[56]
In July 2022, Moghdam was robbed at gunpoint outside his home in San Francisco.[57]
References
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External links
[edit]- American chief executives
- 21st-century American businesspeople
- American businesspeople in real estate
- California Republicans
- Living people
- Businesspeople from Tehran
- Alumni of Aiglon College
- MIT School of Engineering alumni
- Stanford University alumni
- Stanford University trustees
- Philanthropists from California
- Businesspeople from the San Francisco Bay Area
- 1956 births
- American company founders
- Real estate and property developers
- Exiles of the Iranian revolution in the United States
- Iranian emigrants to the United States