Gary B Sabin Net Worth: Estimate, Sources, and How to Verify

Based on publicly available SEC filings, insider ownership records, and career evidence, Gary B. Sabin's net worth is conservatively estimated in the range of $5 million to $20 million, with some financial tracking sites like Benzinga placing a figure around $6.52 million derived specifically from disclosed share holdings. That number almost certainly understates his total wealth, since it captures only publicly reported equity positions and leaves out decades of real estate development, private investment vehicles, and other assets that never appear in SEC filings. Think of any figure you find online as a floor, not a ceiling.

Which Gary Sabin are we talking about?

There are at least a few people named Gary Sabin in public records, so it's worth being precise. The Gary B. Sabin relevant to a net worth search is Gary Byron Sabin, born April 7, 1954, in Provo, Utah. Because this Gary Byron Sabin profile is often the one people mean, the Gary Bimonte net worth figure you see online should be treated as a rough proxy until matched to primary filings net worth search. He is a real estate executive who founded a real estate company in 1977 and went on to lead a succession of major REIT and commercial real estate entities, including Excel Realty Trust, New Plan Excel Realty Trust, Excel Legacy Corporation, Price Legacy Corporation, and Excel Trust, Inc. (NYSE: EXL). He also currently serves as Chairman of Excel Realty Holdings and holds board seats at CareTrust REIT (NASDAQ: CTRE) and has held one at Extra Space Storage (NYSE). On top of his business career, he serves as a General Authority Seventy in The Church of Jesus Christ of Latter-day Saints and is Chairman of The Sabin Children's Foundation. If your search is turning up a different Gary Sabin, those church biography pages and SEC filing biographies are the cleanest identity anchors to confirm you have the right person.

What net worth actually means here

Net worth is simply total assets minus total liabilities. For a private individual, that equation includes everything: real estate holdings, investment accounts, equity in public and private companies, cash, personal property, minus any mortgages, loans, or other debts. The problem with researching someone like Gary B. Sabin is that most of those inputs are private. What leaks into the public record is selective: executive salaries disclosed in proxy statements, share purchases and sales reported on SEC Form 4, nonprofit financials on IRS Form 990, and occasionally court or bankruptcy records. Sites like GuruFocus and Benzinga use only the SEC insider ownership slice of that picture, which is why their figures are better described as a partial equity snapshot than a true net worth calculation.

His career and income sources, laid out

Sabin's income story starts in 1977 when he founded a real estate company, and it runs through nearly five decades of executive leadership. Here is how the career chronology looks based on SEC proxy biographies and public filings:

1. Founded a real estate company in 1977, building early private real estate experience.
2. Served as Chairman, President, and CEO of Excel Realty Trust (a publicly traded REIT).
3. Became Director and President of New Plan Excel Realty Trust following a merger.
4. Took the role of Chairman, President, and CEO of Excel Legacy Corporation.
5. Served as Co-Chairman and CEO of Price Legacy Corporation.
6. Founded and led Excel Trust, Inc. (NYSE: EXL) as Chairman and CEO, with a disclosed base salary of $325,000 per year per an employment agreement filed with the SEC.
7. Currently serves as Chairman of Excel Realty Holdings, a private real estate entity.
8. Holds a board seat at CareTrust REIT (NASDAQ: CTRE), with GuruFocus reporting insider ownership of approximately 32,160 shares.
9. Has served on the board of Extra Space Storage (NYSE: EXL's successor-related entities).
10. Signed as Manager on Form D filings for Blackrail LP in 2009, indicating involvement in private investment vehicles.

The consistent thread is executive leadership at publicly traded REITs, which typically comes with base salary, annual bonuses, long-term equity incentive plans, and in many cases co-investment rights in the deals the company executes. A $325,000 base salary at Excel Trust was the disclosed floor; total compensation packages at REIT CEOs of comparable companies routinely include equity grants worth several multiples of base pay. Because the REIT industry involves managing billions in real estate assets, executives in these roles frequently accumulate significant equity stakes over time.

Wealth signals: real estate, equity, and foundations

Several concrete data points help anchor a wealth estimate, even if they don't add up to a complete picture.

Public equity holdings

GuruFocus tracks insider ownership derived from SEC Form 4 filings and reports that Gary B. Sabin owns approximately 32,160 shares of CareTrust REIT (CTRE), valued at over $1 million based on the share price at the time of reporting. A separate Benzinga record, also SEC-derived, arrives at a broader estimate of approximately $6.52 million across multiple company holdings. GuruFocus also records a 2011 insider purchase of 10,000 shares of Excel Trust at roughly $11.90 per share, consistent with the typical pattern of executives buying stock in companies they run, which can be cross-checked against SEC Form 4 records.

Private real estate and investment vehicles

Excel Realty Holdings' own website states that Sabin's involvement spans 'billions of dollars of real estate projects.' As a founder and chairman of a private real estate holding company, Sabin likely holds equity interests in properties and deals that never surface in public filings. The Blackrail LP Form D signature from 2009 confirms at least one private offering connection. Private real estate equity is the single biggest gap in any public-record-based estimate.

The Sabin Children's Foundation

ProPublica's Nonprofit Explorer shows The Sabin Children's Foundation reported net assets of $5,702,834 for the fiscal year ending 2018. Gary B. Sabin is listed as Chairman and CEO of the foundation, with $0 in disclosed personal compensation from it. The foundation's assets belong to the nonprofit entity, not to Sabin personally, so they don't factor into his net worth. What the foundation does signal is a long-term philanthropic commitment, which is itself a wealth indicator common among high-net-worth individuals. He also serves as executive vice chairman of the Cystic Fibrosis Foundation, another unpaid philanthropic role.

Nevada LLC and other business registrations

A Nevada LLC named GS Industries Group, LLC was formed in 2004 under 'GARY B SABIN' and appears with a revoked status in business registry data. Revoked status means the entity is no longer active, but its existence points to additional business activity beyond his REIT executive roles. Always verify details like this directly against the Nevada Secretary of State's business registry rather than relying on third-party aggregator sites.

Building a credible net worth range

Here is how to think about the estimate in layers, from what is confirmed to what is reasonably inferred:

Adding up what is reasonably supportable: a conservative floor based on confirmed equity holdings lands around $5 million to $7 million. Factoring in multi-decade executive compensation, co-investment returns from running multiple large REITs, and likely private real estate equity, a more realistic total range is $10 million to $25 million or higher. Without court records, a divorce filing, or a voluntary disclosure, the upper end of that range can't be confirmed. That ambiguity is normal for private real estate executives who haven't sought celebrity or media attention around their finances.

How to verify sources and avoid getting misled

Several low-quality pages appear in search results for this name and recycle the same $6.52 million figure without linking to primary evidence. One appears to be a static web page with no authorship or sourcing methodology. Another makes Forbes-style claims without any verifiable backing. Here is how to separate the signal from the noise:

• Trust figures that trace directly to SEC EDGAR filings (Form 4 insider ownership, proxy compensation tables, employment agreements). GuruFocus and Benzinga both do this, making their equity-based snapshots credible as partial data, not complete net worth.
• Use ProPublica's Nonprofit Explorer for Form 990 data on the Sabin Children's Foundation. The asset figures there are verifiable but belong to the nonprofit, not the individual.
• Check SEC EDGAR directly at edgar.sec.gov by searching 'Gary Sabin' or 'Gary B Sabin' to find proxy statements (DEF 14A), Form 4 insider trades, and Form D filings.
• Verify the identity anchor: SEC filings consistently name him as Gary Byron Sabin, born April 7, 1954, Provo, Utah, associated with Excel Trust (EXL) and CareTrust REIT (CTRE). If the source you're reading doesn't match those details, you may have the wrong person.
• Avoid attributing nonprofit assets to personal net worth. The Sabin Children's Foundation's $5.7 million in net assets is not Gary Sabin's personal money.
• Treat any celebrity-style net worth blog that lacks primary source links as a rumor indicator only, useful for knowing a claim exists but not for confirming a number.

Your research checklist for today

If you want to do this research yourself and arrive at the most current estimate possible, work through these steps in order:

1. Go to SEC EDGAR (edgar.sec.gov) and search for 'Gary B Sabin.' Pull the most recent DEF 14A proxy filing associated with CareTrust REIT or any Excel entity to find current board biography and any disclosed compensation.
2. Check Gary B. Sabin's Form 4 filing history on EDGAR to see all insider share purchases and sales. This gives you a real-time picture of his disclosed public equity holdings and any recent transactions.
3. Cross-reference on GuruFocus (search 'Gary B Sabin') for a compiled insider ownership dashboard with share counts and estimated dollar values as of their last update date.
4. Search ProPublica's Nonprofit Explorer for 'Sabin Children's Foundation' to pull the most recent IRS Form 990 and confirm net assets and executive compensation disclosures.
5. Check the Nevada Secretary of State business search and any relevant state where Excel Realty Holdings operates to find active entity registrations under his name.
6. Search Google News for 'Gary B. Sabin' filtered to the past year to catch any interviews, press releases, or news events that might contain wealth indicators (property sales, company transactions, philanthropic gifts).
7. If you find a net worth figure on a third-party site, ask: does this page link directly to an SEC filing, court record, or IRS document? If not, treat the number as unverified.
8. Record the date you pulled each data point. Insider share values shift daily, and a figure from a year ago may no longer reflect current holdings.

Researching wealth for real estate executives like Gary B. Sabin is genuinely harder than researching entertainers or athletes because so much of the value is held in private entities. You're building a picture from partial evidence, not reading a balance sheet. The $5 million to $20-plus million range is the most defensible estimate given what is publicly available as of May 2026, but it could be revised meaningfully upward if private real estate and investment vehicle details ever surface. For a quick starting point, you can also look up Gary Bencivenga net worth to compare how other estimates frame similar public-and-private asset gaps. If you are also looking up how net worth estimates are done for other business figures, you may want to compare approaches in guides about gavin uberti net worth. For readers also curious about other business-focused names in this space, profiles covering figures like Gary Burrell or Gary Berman (of Tricon) follow similar research patterns where career trajectory and SEC-disclosed equity form the backbone of any credible estimate.