For the first time, Moishe Mana has been added to the Bloomberg Billionaires Index, with a net worth estimated at $1.1 billion.
Most of Mana’s fortune is invested in real estate.
In downtown Miami, he is said to have spent more than $300 million buying properties in the past few years.
He is also the largest landowner in Wynwood, Miami’s hottest neighborhood, where he owns more than 40 acres.
Mana was born in Israel, and came to the U.S. in his mid-20s. He once wrote on Facebook that he came to the U.S. as an illegal alien by overstaying his visa.