Fred Wilpon is an American real estate developer and former majority owner of the New York Mets, a Major League Baseball team. He co-founded Sterling Equities and played a significant role in both the real estate and sports industries.
Fred Wilpon was born on November 22, 1936, in Brooklyn, New York. He grew up in a Jewish family and attended Lafayette High School, where he played baseball alongside future Hall of Famer Sandy Koufax. Wilpon later attended the University of Michigan but left before graduating to support his family.
Fred Wilpon is married to Judy Kessler, and they have three children. His son, Jeff Wilpon, has also been involved in the family business and the management of the New York Mets. The Wilpon family is known for their philanthropic efforts, particularly in the areas of education and healthcare.
Fred Wilpon co-founded Sterling Equities, a real estate investment firm, in 1972. He became a co-owner of the New York Mets in 1980 and eventually took majority ownership in 2002. Under his leadership, the Mets reached the World Series in 2000 and 2015. Wilpon stepped down as majority owner in 2020.
Fred Wilpon's notable achievements include co-founding Sterling Equities, developing significant real estate projects, and leading the New York Mets to two World Series appearances during his tenure as majority owner.
Fred Wilpon was involved in the Bernie Madoff Ponzi scheme scandal, which significantly impacted his financial standing and the operations of the New York Mets. The Wilpons settled a lawsuit related to the Madoff scandal in 2012.
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