Charles Hurwitz Net Worth

One of his biggest investments is a $75 million resort/hotel located in Rancho Mirage, California. In 1982 he gained control of the United Savings Association of Texas. He was sued by the FDIC and was awarded $72 million in attorney’s fees when the judge ruled in his favor. His company Pacific Lumber owned the largest grove of old growth redwoods trees in the state of California and the company’s logging angered many people and the organization Earth First!.