Ian Schrager Biography, Net Worth, Age, Height, Weight, Boyfriend, Family, Fact, and More

Ian Schrager

Ian Schrager is an American real estate developer, hotelier, and entrepreneur. Ian Schrager has introduced the World’s first famous bouquet hotel and his hotels still serve the best and provide the best hospitality services with their attention and stylish designs. He has also opened a nightclub in New York by the name Studio 54. It is one of the World’s most famous New York nightclubs.

Ian Schrager Biography And Net Worth

Net worth$250 Million
Full NameIan Schrager
Age76 years
Birthplace New York,  New York, United States
ProfessionEntrepreneur, hotelier, and real estate developer

Ian Schrager Early Life

Ian Schrager was born on July 19, 1946, in New York. Ian Schrager grew up in a Jewish family. His father’s name was Louis, and he owned a factory of women’s coats in New Jersey. Ian Schrager’s father dies when he was only nineteen and his mother died when he was twenty-three. He did his graduation from Syracuse University with a simple BA in 1968.

Ian Schrager

In 1971, he got a degree in Juris Doctor which is also known as Doctor of Law from St. John’s University School of law. During his studies at Syracuse, he also became a member of the Sigma Alpha Mu fraternity and there he met his fellow Steve Rubell. Steve Rubell later became his business partner.

Ian Schrager Career

In the early 1970s, Schrager and Steve Rubell and Job Addison opened a discotheque (club) in Boston. After practicing law for three years, in 1977 Ian Schrager and Rubell decided to open Enchanted Garden in Queens, which was a disco club. The enchanted garden was a very hit disco club at that time. After seeing the success and fame of Enchanted green, they decided to open another nightclub in Manhattan. In 1977, Ian Schrager and Rubell signed the lease for their new club “Studio 54.” Studio 54 was sold in 1980. After Studio 54, they opened another nightclub by the name “Palladium.”

After the ride of nightclubs, they diverted their minds toward hoteling and hospitality. They opened their first hotel in 1984 by the name of “Morgans hotel.” They introduced the boutique hotel category, and it became a “worldwide phenomenon.” After the success of Morgans hotels, they opened Royalton and Paramount hotels with the new lobby technique for their guests.

Ian Schrager Charges

In December 1978, their new “Studio 54” was raided and in June 1979, they both were charged with obstruction of justice, tax evasion, and conspiracy for skimming almost 3 million dollars from the club’s receipts in unreported income. In December 1979, a second raid occurred, and they both were sentenced to 3.5 years in prison and a fine of $20,000 each for the evasion charges.

Ian Schrager Net worth

Ian Schrager, one of the famous entrepreneurs and hoteliers has a net worth of $250 million. He has earned a lot from his nightclubs and different hotels around the World. He also has partnered with Marriot hotel.

Ian Schrager Features

Hair Colorblack
Eyes colorblack

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