The 2020 Swanepoel Power 200 (SP200) ranks the most powerful leaders in the residential real estate brokerage industry as at December 31, 2020.

Greg Abel

Chairman

Berkshire Hathaway Energy
Gregory Edward Abel is a Canadian businessman, chairman and CEO of Berkshire Hathaway Energy, and has served as vice-chairman of non-insurance operations of Berkshire Hathaway since January 2018. He is widely considered as the most likely successor to Berkshire Hathaway CEO and Chairman Warren Buffet. He has great indirect power in the industry because Berkshire Hathaway’s vast residential real estate brokerage portfolio, under its HomeServices of America subsidiary, reports directly into him. He first joined Berkshire Hathaway Energy’s board of directors in 2000.
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Joseph “Joe” R. Biden, Jr.

President

United States of America
Joseph Robinette Biden, Jr., is an American politician and the president of the United States. Biden defeated incumbent president Donald Trump in the 2020 presidential election and will be inaugurated as the 46th president on January 20, 2021. Although his stance on numerous policies in the real estate industry remain unclear, a new president will mean changes to many aspects of the industry, including most likely: 1031 exchanges, Fair Housing and state and local taxes (SALT) deductions.
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Donald Bren

Chairman

Irvine Company
The richest real estate developer in the U.S. is Irvine Company’s sole shareholder and its chairman, Donald Bren. His $15.5 billion net worth ranks him 63rd on the latest Forbes richest people in the world list. Bren’s California-based company owns over 100 million square feet of real estate across the U.S. including 65,000 apartments, office buildings, retail centers, marinas, hotels and golf courses.
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Tracey Fellows

President, Global Digital Real Estate

News Corp
In 2019, New York City-based global media company News Corp announced Tracey Fellows as president of its Global Digital Real Estate sector where she oversees all of News Corp’s digital real estate interests, including realtor.com operator Move Inc., and REA Group, operator of Australia’s leading portal and others around the globe. The global digital property company has more than tripled its sales revenue since its 2013 launch. Previously, Fellows served as the CEO of REA Group.
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Bruce Flatt

CEO

Brookfield Asset Management
Bruce Flatt is a Canadian businessman and the CEO of Brookfield Asset Management. He joined Brookfield in 1990 and became CEO in 2002. He has been referred to as “Canada’s Warren Buffett” due to his value investment style, extended tenure as CEO, and large investment in Brookfield. The CEO of Bridgemarq Real Estate Services, Canada’s largest residential real estate franchisor and brokerage, Phil Soper, reports directly into Flatt.
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Marcia Fudge

Secretary

Housing and Urban Development
Marcia Fudge is President Joe Biden’s nominee for U.S. Secretary of Housing and Urban Development; if confirmed, she will replace Dr. Ben Carson in the position. She has served as the U.S. Representative for Ohio’s 11th congressional district since 2008 and currently serves as chair of the Congressional Black Caucus. Her role in addressing the crisis in public housing and affordable housing will be front and center in 2021.
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Kamala Harris

Vice President

United States of America
With her election to vice president of the United States, Kamala Harris becomes the nation’s first female vice president and the highest-ranking female elected official in U.S. history. As the first Black and first Asian American vice president, as well, her election is not only historic but most likely represents the beginning of numerous new initiatives and a more diverse electorate. Harris is no stranger to real estate; she owns about $8 million of real estate in Brentwood, Los Angeles, in the West End of Washington, D.C., and South of Market in San Francisco.
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Chamath Palihapitiya

CEO

Social Capital
Chamath Palihapitiya’s blank-check, special purpose acquisition company Social Capital Hedosophia II merged with Opendoor and took the real estate startup public in December 2020 on the Nasdaq exchange with a market cap of over $15 billion. He is a Sri Lankan-born Canadian-American venture capitalist, engineer and the founder and CEO of powerful venture capital company Social Capital. Palihapitiya was an early senior executive at Facebook, which he joined in 2007 and left in 2011. He is also a minority stakeholder and board member of the Golden State Warriors.
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Masayoshi Son

Founder and CEO

SoftBank Capital
While 2020 has been a tough year for SoftBank, the massive venture capital firm run by CEO Masayoshi Son that forecasted a $6.9 billion annual loss in 2020, Son remains one of the world’s wealthiest people with a net wealth of about $17 billion according to Forbes with many other investments slated to go public in 2021. As a major investor in two of residential real estate’s major disruptors in Compass and Opendoor, Son remains a very influential person outside our industry still shaping our industry.
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Eric Yuan

Founder and CEO

Zoom
Eric Yuan, the Chinese-born American billionaire businessman and the CEO and founder of Zoom Video Communications, has seen his net worth explode some 400 percent in 2020 due to the exploding demand for all things digital, especially video communication in the wake of the Covid-19 pandemic. This shift to online work, meetings and teaching, in which Zoom played such a prominent and important role, not only changed business in general but dramatically changed the residential real estate brokerage industry, transactions, operations, showings and more. This position earns Yuan a special position on the biggest real estate influencers outside real estate list for 2021.
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