Hamid Moghadam
- January 10, 2024
- Chairman
Quick Facts
Hamid Moghadam Biography
| Name | Hamid Moghadam |
| Birthday | Aug 26 |
| Birth Year | 1956 |
| Place Of Birth | Tehran |
| Home Town | Tehran |
| Birth Country | Iran |
| Birth Sign | Virgo |
Hamid Moghadam is one of the most popular and richest Chairman who was born on August 26, 1956 in Tehran, Tehran, Iran.
Hamid R. Moghadam (born August 26, 1956) is an American business executive and philanthropist. In 2011 Moghadam orchestrated the “merger of equals” between AMB, a firm he co-founded in 1983, 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 multinational logistics real estate investment trust (REIT) and S&P 500 company. Among other accolades, Moghadam is a recipient of the Ellis Island Medal of Honor.
In the late 1980s, Moghadam changed AMB’s investment strategy to focus on industrial parks and shopping centers in infill trade areas, with the company beginning to exit the office market in 1987. During the collapse of the office building market in the late 1980s, this shift in assets helped the company avoid significant financial repercussions. AMB launched its first private equity fund in 1989, which focused on industrial and retail properties. AMB consolidated several of its investment funds in 1997 and also went public as an REIT. In late 1997, AMB closed its IPO with more than US $2.8 billion under management. Joining AMB’s board of directors, Moghadam became CEO of AMB Property Corporation in November 1997.
Hamid Moghadam Net Worth
| Net Worth | $5 Million |
| Source Of Income | Chairman |
| House | Living in own house. |
Hamid Moghadam is one of the richest Chairman from Iran. According to our analysis, Wikipedia, Forbes & Business Insider, Hamid Moghadam 's net worth $5 Million. (Last Update: December 11, 2023)
Born in 1956 in Iran, Hamid Moghadam grew up in Tehran, where his father was a businessman. In 1969 he attended Aiglon College in Switzerland. In 1973 Moghadam entered the Massachusetts Institute of Technology, where he received Bachelor and Master of Science degrees in engineering. In 1980 Moghadam received an MBA from the Stanford Graduate School of Business in California.
Height, Weight & Body Measurements
Hamid Moghadam height Not available right now. Taro weight Not Known & body measurements will update soon.
Who is Hamid Moghadam Dating?
According to our records, Hamid Moghadam is possibily single & has not been previously engaged. As of December 1, 2023, Hamid Moghadam’s is not dating anyone.
Relationships Record : We have no records of past relationships for Hamid Moghadam. You may help us to build the dating records for Hamid Moghadam!
In 2011 Moghadam announced a “merger of equals” between AMB and ProLogis to create Prologis, the largest logistics real estate company in the world. With market value estimated at $24 billion and corporate headquarters remaining in California, the new Prologis had around $46 billion in assets under management and clients such as DHL, Home Depot Inc., Unilever, and FedEx. ProLogis CEO Walter Rakowich and Moghadam were appointed as the new company’s co-chiefs, with Moghadam becoming the sole CEO at the start of 2013. He oversaw IPOs in Japan in 2013 and Mexico in 2014. In 2014, Prologis operated nearly 3,000 logistics and distribution facilities for 4,700 customers across a diverse range of industries in the Americas, Asia and Europe.
Facts & Trivia
Taro Ranked on the list of most popular Chairman. Also ranked in the elit list of famous people born in Iran. Hamid Moghadam celebrates birthday on August 26 of every year.
Prologis continues to operate as a publicly traded real estate investment trust (REIT) on the S&P 500, operating around 3,717 logistics and distribution facilities for customers in various industries in the Americas, Europe, and Asia. The company’s platform totals 772 million square feet that is owned, managed or under development in 19 countries, with around $97 billion in assets under management. In 2018 he oversaw its acquisition of DCT Industrial Trust for $8.4 billion. Moghadam frequently appears on major television networks to talk about the real estate industry, including CNBC, Bloomberg TV, and Fox Business Network, as a real estate industry expert.
Top Facts about Hamid Moghadam
- Hamid Moghadam is the CEO of Prologis, a global logistics company.
- He was born in Iran and immigrated to the US at age 16.
- Moghadam holds degrees from MIT and Stanford University.
- He has been named one of America’s highest-paid CEOs by Forbes.
- Moghadam is a philanthropist who supports education and healthcare initiatives.
- He serves on the board of trustees for both MIT and Stanford University.
- Prologis manages over 900 million square feet of logistics space worldwide.
- The company has a market capitalization of over $80 billion USD.
- Moghadam has been recognized for his leadership in sustainability efforts within the industry.
- In 2020, he was awarded the Urban Land Institute’s prestigious J.C. Nichols Prize for Visionaries in Urban Development.