NetWorth
LeaderPortfolio
family
Annette Lerner & family
Rank #694
UNITED STATES•Diversified•Real estate

Annette Lerner & family

Net Worth
$5.899B
0% (24h)
Annette Lerner, at 96 years old, is the matriarch of the Lerner family, a prominent name in the real estate industry. The family's wealth stems from Lerner Enterprises, a major real estate company in the Washington, D.C. area, which Annette and her late husband, Ted Lerner, founded in 1952 with a small loan. Their success propelled them to acquire the Washington Nationals baseball team. With a net worth of $5.8 Billion, Annette Lerner continues to be a significant figure in Maryland, demonstrating a strong history of philanthropy through the Annette M. and Theodore N. Lerner Family Foundation.

How to read Annette Lerner & family's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Annette Lerner & family, we anchor the narrative to Real estate and Real estate, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $5.899B alongside global rank #694, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life and Founding of Lerner Enterprises

Annette Lerner, born in the Washington D.C. area, is the co-founder of Lerner Enterprises. In 1952, she lent her husband, Ted Lerner, $250 to start a real estate company. This marked the beginning of Lerner Enterprises, which would become one of the largest real estate owners in the Washington, D.C. metropolitan area.

Rise to Success in Real Estate

Under the leadership of Ted Lerner, Lerner Enterprises grew significantly, developing a diverse portfolio of commercial, retail, residential, and hospitality properties. The company’s success is attributed to its vision and innovation in the real estate market. Annette's involvement and support were crucial in the company's initial growth and sustained success.

Ownership of the Washington Nationals

The Lerner family expanded their business interests by purchasing the Washington Nationals baseball team in 2006. Ted Lerner passed control of the team to his son, Mark Lerner, in 2018. The family's ownership of the Nationals further solidified their presence and influence in the Washington, D.C. area.

Philanthropy

The Annette M. and Theodore N. Lerner Family Foundation is the primary vehicle for the Lerners' philanthropic activities. The foundation supports various causes, with a focus on health care, education, and Jewish organizations. Notable beneficiaries include Children's National Hospital, George Washington University, and Hebrew University in Jerusalem.

Career Timeline

2018

Ted Lerner passed control to son Mark

Ted Lerner passed control of the Nationals to his son Mark Lerner

2006

Acquired Washington Nationals

The Lerner family purchased the Washington Nationals baseball team

1952

Founded Lerner Enterprises

Co-founded Lerner Enterprises with her husband Ted, providing the initial capital for the real estate venture

Philanthropic Impact

Healthcare, Education, Jewish causesUndisclosed

The Annette M. and Theodore N. Lerner Family Foundation

Supports various charities, including Children's National Hospital, George Washington University, and Hebrew University in Jerusalem

Key Business Ventures & Holdings

CompanyStakeValue
Washington Nationals90.00%—

Net Worth History

In-Depth Analysis

Early Life and Founding of Lerner Enterprises

Annette Lerner, born in the Washington D.C. area, is the co-founder of Lerner Enterprises. In 1952, she lent her husband, Ted Lerner, $250 to start a real estate company. This marked the beginning of Lerner Enterprises, which would become one of the largest real estate owners in the Washington, D.C. metropolitan area.

Rise to Success in Real Estate

Under the leadership of Ted Lerner, Lerner Enterprises grew significantly, developing a diverse portfolio of commercial, retail, residential, and hospitality properties. The company’s success is attributed to its vision and innovation in the real estate market. Annette's involvement and support were crucial in the company's initial growth and sustained success.

Ownership of the Washington Nationals

The Lerner family expanded their business interests by purchasing the Washington Nationals baseball team in 2006. Ted Lerner passed control of the team to his son, Mark Lerner, in 2018. The family's ownership of the Nationals further solidified their presence and influence in the Washington, D.C. area.

Philanthropy

The Annette M. and Theodore N. Lerner Family Foundation is the primary vehicle for the Lerners' philanthropic activities. The foundation supports various causes, with a focus on health care, education, and Jewish organizations. Notable beneficiaries include Children's National Hospital, George Washington University, and Hebrew University in Jerusalem.

Data Sources & Methodology

Figures for Annette Lerner & family are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

You may also like

HubAll BillionairesHubGlobal RankingsHubNewsroom