Rick Caruso

Rick Joseph Caruso is an American billionaire businessman, and philanthropist. He is the founder and chief executive officer of Caruso, an American real-estate company. He has been president of the Los Angeles Police Commission and a member of the Board of Water and Power Commissioners.

  • Rick Caruso is a Los Angeles real estate developer who has built some of the country’s most successful shopping centers.
  • One of those centers, The Grove, gets an average of 49,000 daily visitors — more than Disneyland.
  • The grandson of Italian immigrants, Caruso opened a retail center in 1992 and has more recently expanded into residential, office and hospitality.
  • He has been pondering a mayoral run for Los Angeles for years.
  • In 2018, Caruso became chairman of the board at USC. He is leading an investigation into sexual misconduct allegations at the campus health center.

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