Alex Adjmi Net Worth 2026: A&H Acquisitions Real Estate Investor
Alex Adjmi heads A&H Acquisitions, a New York real estate investment firm he runs with his brother Harry. No outlet publishes his net worth; here are his reported deals and background.
- Full name
- Alex Adjmi
- Profession
- Real estate investor, president of A&H Acquisitions Corp.
- Nationality
- American
- Spouse
- Frieda O. Adjmi
- Relationship
- Married
- Source of wealth
- Real estate investment through A&H Acquisitions
In this article
No reputable outlet has published a net worth estimate for Alex Adjmi, so this page does not give one. The $12.8 million figure on an earlier version of this page had no source and has been removed. Adjmi is not a realtor: he heads A&H Acquisitions, a New York real estate investment company he runs with his brother Harry, which has held stakes in retail and mixed-use buildings in Manhattan, Brooklyn, Chicago and Los Angeles.
What is Alex Adjmi's net worth?
No business publication or wealth list has estimated it. A&H Acquisitions is private, and its buildings are usually owned through partnerships and separate companies, so neither the portfolio's value nor Adjmi's share of it is public.
What the trade press has reported gives a sense of scale. The Real Deal described A&H in 2021 as a major but low-profile player, with current or past stakes in 529 and 568 Broadway in SoHo, 213 West 34th Street in Midtown, 21 Ninth Avenue in the Meatpacking District and 9570 Wilshire Boulevard in Beverly Hills (The Real Deal). Individual deals have run into the tens of millions of dollars, as the table below shows. That points to substantial wealth, but not to any figure that can be stated reliably.

Alex Adjmi's yearly earnings and income
His income is not public. Earlier versions of this page listed $400,000 a year, $33,000 a month and $1,100 a day, figures that fit a real estate agent's commissions rather than a property owner's rent and sale profits. None had a source, and they have been removed.
As an owner, his income would come from rent paid by retail and residential tenants, from selling buildings, and from development projects. None of those amounts are disclosed.
Read also: Steven Moll Net Worth
What does Alex Adjmi do for a living?
Adjmi is president of A&H Acquisitions Corp., which he leads with his brother Harry Adjmi. The Real Deal described the brothers as prominent figures in New York's Syrian Jewish community, a group that owns much of the city's retail property. Harry Adjmi has also spent more than 40 years in the wholesale import business (The Real Deal). A&H often invests alongside other large owners from the same community, including Jeff Sutton, Aurora Capital Associates and Crown Acquisitions.
An earlier version of this page described him as a real estate agent who helps clients buy and sell homes. No source supports that; he appears in the press as a landlord and investor.
Reported deals and properties
| Year | Deal | Source |
|---|---|---|
| 2016 | Controlling interest in 116 Seventh Avenue and 204 West 17th Street, Chelsea, for $29 million | The Real Deal |
| 2018 | Plans a six-story, 38-unit mixed-use building of about 62,000 square feet at 2251 Nostrand Avenue, Flatbush, with Meral Property Group and Joyland Group | The Real Deal |
| 2020 | Landlord, through A&H and Jenel Real Estate, of the Astoria site where Key Food's lease was not renewed as Target planned to move in | Queens Daily Eagle |
| 2021 | Buys a 30,600-square-foot industrial complex at 73-99 Empire Boulevard, Crown Heights, for $15.2 million | The Real Deal |
| 2021 | Retail space at 217 West 34th Street leased to Chick-fil-A at an asking rent of $325 per square foot | Traded |
The Real Deal's 2018 report also lists 242 Bedford Avenue and 529 Broadway among A&H's holdings.
Conviction and presidential pardon
Adjmi's background includes a criminal case that the press has covered widely. According to The Real Deal, citing the Asbury Park Press, he was the target of a federal sting in which he was accused of helping launder $22.5 million for Colombia's Cali cartel through a Connecticut brokerage that was secretly run by the FBI and the Drug Enforcement Administration. He was arrested in 1993, pleaded guilty to five felonies, entered prison in 1996 and was released in October 2000 after 44 months.
On January 20, 2021, his last day in office, President Donald Trump granted Adjmi a full pardon. The White House said the petition was supported by community figures including Haim Chera, son of the late developer Stanley Chera, and said that since his release Adjmi had backed charities for children with special needs and for addiction recovery (The Real Deal; The Forward). In 2017 he and Harry were honored by Getting Out Staying Out, a nonprofit that helps formerly incarcerated people find work, after A&H offered them paid internships in its construction division.
Political donations
In June 2022 Adjmi gave $69,000 to Governor Kathy Hochul's campaign, the maximum allowed, days before the Democratic primary, according to state records reported by the New York Daily News (New York Daily News). He told the paper he backed her because of her crime policies. The Daily News also found a $5,000 contribution to Eric Adams' 2019 mayoral campaign and noted that he has given to candidates of both parties.
Early life and family
Little about Adjmi's early life is on the record. Earlier versions of this page said he was born in a small village, played high school basketball and football, and took over a family business. None of that is sourced, and it has been removed.
Alex Adjmi's wife
Adjmi is married to Frieda O. Adjmi, the mayor of Allenhurst, New Jersey (NJ.com). An earlier version of this page gave a different first name for his wife; that has been corrected. NJ.com reported in 2026 that the couple own an oceanfront lot on Allen Avenue in Allenhurst valued at $13 million, where they demolished the existing house in 2024 to build a new one. The Real Deal reported in 2020 that both Adjmi brothers own homes in Deal, the neighboring Jersey Shore town.
Age and height
His date of birth is not publicly documented. The age, height and weight given on an earlier version of this page had no source and have been removed.
Net worth compared
Among New York real estate figures on this site, compare Aaron Jungreis of Rosewood Realty Group. As with Adjmi, no reputable outlet has published a verified personal figure.
Read also: Mo Anderson Net Worth
Why no estimate is given
Estimating a property investor's wealth requires knowing which buildings he owns, what share he holds in each, and how much debt sits on them. A&H's holdings are spread across partnerships with other investors, and the trade press reports individual deals, not ownership splits or loan balances. Until a reputable outlet does that work, any number would be a guess.
Frequently asked questions
What is Alex Adjmi's net worth?
No reputable outlet has published an estimate, and the $12.8 million figure on some sites has no source. Adjmi heads A&H Acquisitions, a New York real estate investment firm that has held stakes in buildings such as 529 Broadway in SoHo and 9570 Wilshire Boulevard in Beverly Hills, but his ownership shares are not public.
How much does Alex Adjmi earn per year?
His income is not public. As a property owner he earns from rents, building sales and development, not agent commissions. The $400,000 yearly figure on profile sites had no source. A&H Acquisitions is private and does not disclose revenue or profits.
What does Alex Adjmi do for a living?
He is president of A&H Acquisitions Corp., a real estate investment company he runs with his brother Harry. It owns retail, mixed-use and industrial property in New York and has held stakes in Chicago and Los Angeles. He is an investor and landlord, not a real estate agent.
Why was Alex Adjmi pardoned?
Adjmi pleaded guilty in the 1990s to money laundering charges tied to the Cali cartel and served 44 months in federal prison, released in October 2000. President Trump pardoned him on January 20, 2021. The White House cited support from community leaders and his charitable work since his release.
Who is Alex Adjmi's wife?
He is married to Frieda O. Adjmi, the mayor of Allenhurst, New Jersey, according to NJ.com. The couple own an oceanfront lot in Allenhurst valued at $13 million, where they began building a new home after demolishing the old one in 2024. Claims naming a different wife have no source.
How old is Alex Adjmi?
His date of birth is not publicly documented, and no reliable source we found states his age. The age, height and weight given on some profile sites have no source. He was arrested in 1993 and released from prison in 2000, and he has led A&H Acquisitions since at least the 2010s.
Sources
- The Real Deal: https://therealdeal.com/new-york/2021/01/20/real-estate-investor-alex-adjmi-receives-presidential-pardon/
- The Real Deal: https://therealdeal.com/new-york/2021/05/04/alex-adjmis-ah-acquisitions-buys-crown-heights-industrial-complex/
- The Real Deal: https://therealdeal.com/new-york/2018/01/09/alex-adjmis-ah-plans-38-unit-mixed-use-project-for-flatbush/
- The Real Deal: https://therealdeal.com/new-york/2020/04/24/ah-acquisitions-harry-adjmi-back-home-after-covid-19/
- New York Daily News: https://www.nydailynews.com/2022/06/27/trump-pardoned-nyc-real-estate-executive-gives-69k-to-hochul-in-final-days-of-primary-campaign/
- Queens Daily Eagle: https://queenseagle.com/all/astoria-supermarket-warns-of-total-lay-offs-as-landlord-declines-to-renew-lease
- Traded: https://traded.co/deals/new-york/retail/lease/217-west-34th-street/
- The Forward: https://forward.com/news/462516/here-are-the-notable-jews-who-were-pardoned-by-president-trump/
- NJ.com: https://www.nj.com/monmouth/2026/04/mayors-husband-stole-restaurants-electricity-for-their-13m-beachfront-property-probe-finds.html







