Have you ever wondered what the net worth of Brandon Fugal is? Well, this real estate developer, tech investor, and venture capitalist have made quite a fortune.
Brandon is a Utah-based business leader and owner of Skinwalker Ranch. He also owns and chairs Colliers International.
As of May 2023, Brandon Fugal’s net worth is estimated to be around $450 million. This post will let you have a look at the life of this prominent businessman and how he built his fortune.
Table of Contents
Early Life
Born in Utah as Brandon Daniel Fugal, this future market leader saw the light of day on April 1, 1973.
He was born in a middle-class family to parents Daniel and Jill Fugal. He grew up with his three siblings: Matthew, Cameron, and Patrick Fugal.
Early on, Brandon’s love for learning was very evident. In fact, he performed well as a student at Pleasant Grove High School.
Fugal’s eagerness to learn didn’t end in high school. He continued and pursued higher education. He enrolled at Utah Valley University and took up a business course.
At that time, Brandon was eyeing the real estate industry. At 18 years of age, he was able to secure his real estate license.
Real Estate Career
In 1994, Brandon Daniel Fugal started his career in the real estate industry. He took the role of a senior associate at Grubb & Ellis Associates for three years.
After that short stint, he pressed on and continued his career in the property business. He joined Utah Realty Group as the company’s vice president. Playing a senior role in that firm earned Brandon tons of experience.
Whatever Brandon learned, he took it to heart and co-founded Coldwell Banker Commercial.
Brandon had so much success as CBC’s chairman. For almost 15 years, his leadership helped the company earn global recognition. In fact, the industry at one point even recognized Brandon Fugal as the world’s number one agent.
Later on, Coldwell Banker Commercial Advisors merged with Colliers International. Despite the merger, Brandon remained the chairman of the company.
His Career in Colliers International
The Coldwell-Colliers merger took Brandon’s career to new heights.
It happened when he took Colliers International to the podium. The company became the leading commercial real estate firm in the Intermountain West. Likewise, it received worldwide commendations and praise.
From then on, Brandon Fugal worked with world-renowned companies like Novell Inc. and Charles Schwab. The real estate developer also worked with Workers Compensation Fund.
Notable Real Estate Transactions
Brandon Fugal has several successful real estate transactions. Some of them help him build his fortune.
He sold both the Banyan Building and the Rare Downtown Development Parcels. Likewise, he managed to sell the Cottonwood Corporate Center.
Meanwhile, Brandon Daniel also has tons of landmark projects. One of them is the 1.2 million square feet Traverse Mountain Corporate Center. Others include the Mountain View Village, Minuteman Plaza, and Freedom Commons.
Tech Sector Investments
Apart from real estate, Brandon Fugal also showed interest in the technology sector. So, he co-founded the tech companies Cypher Corporation and Axcend.
Cypher Corporation develops software that enhances mobile devices’ voice output. This firm has around $5.2 million in revenue.
The tech company Axcend is a provider of high-performance liquid chromatography systems. Brandon Fugal serves as the firm’s board member.
Investments in Skinwalker Ranch
The Skinwalker Ranch was once owned by aerospace billionaire Robert Bigelow. In 2016, Brandon Daniel Fugal bought the ranch for an undeclared amount.
Apart from knowing the benefits of real estate investing, what made Brandon Daniel buy the land was his fascination with unexplainable things. This massive property is known for paranormal activities and UFO sightings.
Right after the purchase, the real estate developer increased Skinwalker’s security. More than that, he assigned researchers to investigate the said sightings and activities.
This 512-acre land even had its own History Channel show entitled “The Secret of Skinwalker Ranch.”
This mystery reality TV series ran for three seasons and earned millions of viewers.
Personal Life
Brandon Fugal’s life isn’t just about business. He always makes sure that he spends time with his family. Apart from riding bikes, he and his family love to hike and travel together.
He was once married to his long-time girlfriend, Lacey Anne Fugal. The two had four children until the couple parted ways. He’s now married to his second wife, Kristel Fugal.
Moreover, this real estate developer has a very active social media life. Brandon Daniel loves uploading and posting photos on his Instagram page.
Brandon Fugal Net Worth 2023
As of May 2023, Brandon Fugal’s net worth is estimated to be around $450 million. He earned this massive amount of wealth from his real estate business.
Likewise, his tech companies and History Channel’s reality series also help him increase his fortune.
Frequently Asked Questions (FAQs)
What Are Some of Brandon Fugal’s Favorite Books?
One of the books that influenced Brandon Fugal is the autobiography of Lee Iaococca. He also sees Ready Player One by Ernest Cline as the coolest book ever.
What Religion Does Brandon Fugal Belong To?
He is a committed follower of Mormonism. Like other wealthy personalities such as Ken Jennings, Brandon is a member of The Church of Jesus Christ of Latter-Day Saints.
Key Takeaways
Don’t Stop Learning
Brandon Daniel Fugal values education so much. His continuous pursuit of knowledge helped him get what he enjoys today. In other words, he planted seeds and reaped a bountiful harvest.
Take Advantage of the Momentum
When Brandon Fugal saw success in his real estate business, he capitalized on it. He seized the moment and founded a couple of tech companies.
Spend Time With Your Family
Like Brandon Fugal, we should set aside quality time with our loved ones. After all, working hard without taking a break could burn us out over time.