An American businessman, real estate developer, and hotelier, Ian Schrager has a net worth of $250 million.
In New York City, New York, Ian Schrager was born in July 1946.
The Boutique Hotel category was co-founded by him and he was a co-owner of Studio 54.
Schrager received his JD degree from St. Joseph’s University.
The School of Law at John’s University.
During the 1970s, he established two discotheques in Boston and Queens, and co-founded Studio 54 in Manhattan in 1977.
Despite being imprisoned for tax evasion, he was later granted clemency by President Barack Obama.
Following his co-founding of Palladium, Ian Schrager shifted his focus to the hotel industry and established Morgans Hotel Group.
Ian Schrager Company was founded by Schrager in 2005, after he sold the company.
He is the proprietor of the Public hotel brand and has teamed up with Marriott International.
Schrager’s global hotel portfolio includes establishments in New York, Chicago, Bangkok, Abu Dhabi, Barcelona, Shanghai, Los Angeles, Iceland, and other places.