Rick Caruso: A Life of Business, Public Service, and Philanthropy

Born in Los Angeles in 1959, Rick Caruso is a self-made billionaire who has made his mark on the city through his real estate development, civic leadership, and philanthropy. From humble beginnings, Caruso has built a successful empire and dedicated his life to improving the lives of Angelenos.

Early Life and Education

Caruso grew up in the San Fernando Valley, the son of Hank Caruso, a successful businessman who founded Dollar Rent-A-Car. After attending local schools, Caruso earned a Bachelor of Science degree from the University of Southern California Marshall School of Business and a Juris Doctorate from Pepperdine University School of Law.

Real Estate Development

In 1987, Caruso founded Caruso Affiliated, a real estate development company that has transformed Los Angeles with its innovative projects. Caruso’s signature developments include The Americana at Brand, The Grove at Farmers Market, and Palisades Village, which have become vibrant centers of retail, dining, and entertainment.

Public Service

Caruso’s passion for public service led him to serve as president of the Los Angeles Police Commission from 2001 to 2006. During his tenure, he implemented reforms that improved community policing and reduced crime rates. He also served as a member of the Los Angeles Board of Water and Power Commissioners from 1985 to 1992.

Philanthropy

Caruso is a generous philanthropist who has donated millions of dollars to support education, healthcare, and the arts. He is a founding trustee of the USC Caruso Catholic Center and the USC Caruso Department of Otolaryngology – Head and Neck Surgery at the Keck School of Medicine.

2022 Los Angeles Mayoral Race

In 2022, Caruso ran for mayor of Los Angeles, advancing to the runoff election against former Democratic Rep. Karen Bass. Despite losing the race, Caruso’s candidacy demonstrated his commitment to public service and his desire to make a positive impact on his hometown.

Personal Life

Caruso is married to Tina Caruso, and they have four children. He is a passionate USC Trojans fan and enjoys spending time with his family.

Rick Caruso is a visionary leader who has shaped the landscape of Los Angeles through his real estate development, civic engagement, and philanthropic endeavors. His legacy will undoubtedly endure for generations to come.