Rick Caruso: Founder of Caruso Real Estate
Business Owner · Real Estate
Rick Caruso, son of the Dollar Rent-A-Car founder, founded the real estate company Caruso in 1987, chaired USC's board of trustees and ran for Los Angeles mayor in 2022.
About Rick Caruso: Founder of Caruso Real Estate
Rick Joseph Caruso (born January 7, 1959, in Los Angeles) is an American billionaire businessman, the founder and former CEO of the real estate company Caruso. He previously chaired the board of trustees of the University of Southern California, was president of the Los Angeles Police Commission and a member of the Board of Water and Power Commissioners, and was runner-up to Karen Bass in the 2022 Los Angeles mayoral election. Caruso, an Italian American, is the son of Henry Caruso, founder of Dollar Rent-A-Car and owner of many car dealerships in the Los Angeles area, and Gloria, a billboard model in her youth. He earned a BS from the University of Southern California in 1980, where he belonged to Sigma Alpha Epsilon and the Trojan Knights, and a JD from Pepperdine University School of Law in 1983 as a Margaret Martin Brock Scholar. He was first a real-estate lawyer in the corporate finance department at Finley Kumble, and in 1987 founded Caruso, a company that develops, owns and manages properties. Sources: English Wikipedia (Rick Caruso, accessed September 2026).
Basic Information
Founder and former CEO, Caruso (real estate developer)
Company Details
Caruso
Real Estate Development, Retail Properties
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