John A. Sobrato net worth & biography:
John A. Sobrato Net Worth: While still studying at Santa Clara University, John Albert Sobrato began his real estate profession, selling houses in Palo Alto. Jointly with his fellow Carl Berg, he went to develop a commercial property empire in the 60s and 70s, which resulted in founding the Sobrato Development Companies in 1987. Additionally, he founded the Sobrato Family Foundation jointly with his family, who has given more than $230 million in cash and real estate to local communities since 1996. In July this year, Sobrato declared that he and his son, John M. Sobrato, would be stepping down from day-to-day responsibilities at the firm in order to focus on philanthropic causes through their Foundation. The property specialist Rob Hollister will take over the control of business, which will be the first time for a non-family member to run the 35-old business.