RICHARD E. RAINWATER
Crescent Real Estate Equities
SUPERINVESTOR RAINWATER built his reputation managing investments for Texas' wealthy Bass family in the 1970s and '80s--and made millions for himself in the process. After leaving the Basses in the 1980s, the self-made billionaire went on to amass a vast portfolio. The reclusive Rainwater has racked up returns in excess of 70% a year as an individual investor. His $3.2 billion REIT is gobbling up office properties in Houston, Dallas, and Denver.
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Updated Sept. 11, 1997 by bwwebmaster
Copyright 1997, Bloomberg L.P.