| Birth Year | 1938 |
| Birth Place | United States |
| Age | 85 YEARS OLD |
| Residence | Atherton, California |
| Occupation | real estate developer venture capitalist |
| Spouse(s) | married |
| Children | 1 |
Carl Berg, a prominent figure in the real estate industry in the United States, is projected to have a net worth of approximately $1.1 billion in 2024. Known for his successful ventures and investments in the real estate market, Berg has amassed his wealth through strategic acquisitions and developments. With a keen eye for valuable properties and a knack for identifying lucrative opportunities, Berg has built a vast fortune over the years. His impressive net worth is a testament to his business acumen and profound influence in the real estate sector.
Carl Berg was born and raised in a Jewish family in New Mexico. He has one brother, Clyde Berg, also a real estate developer. He worked as a loan officer in Texas and then moved to California in the 1970s where took a job running a mortgage company in Sunnyvale, California. In California, he partnered with real estate agent, John A. Sobrato, and pooling their owned capital, founded Midtown Realty. In 1979, they re-focused their Business on building industrial campuses for the tech industry.
Berg acquired Mission West Properties Real Estate Investment Trust in 1997 and sold it to realty developer Divco West in December 2012 for $1.3 billion.
Berg is one of the founders of Berg Health, a biopharma company using AI approaches. His Technology Investments include the consulting firm International Network Services, which he bought from Lucent Technologies in 2002. He is a major investor in Verifyme, Inc. He is also a major investor and board member of Valence Technologies and Summit Semiconductor, and is on the board of Directors of LynuxWorks.
