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EGI meaning in Business ?

Answer» What is Equity Group Investments mean?

Samuel Zell (born Shmuel Zielonka, September 28, 1941) is an American billionaire businessman and philanthropist. A former lawyer, Zell is the founder and chairman of Equity Group Investments, a private investment firm, founded in 1968. The company invests opportunistically across industries and geographies and throughout the capital structure. He has substantial interests in, and is the chairman of, several public companies listed on the New York Stock Exchange;Equity Residential (EQR), Equity LifeStyle Properties (ELS), Equity Commonwealth (EQC), and Covanta Holding Corp. (CVA), and Anixter.

In October 2021, Zell had an estimated net worth of US$6.0 billion, according to Forbes. In 2018, Bloomberg ranked Zell as the world's 397th richest person, with $4.4 billion.

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