Fred Wilpon co-founded Sterling Equities in 1972 and serves as chairman of the board. Sterling Equities has evolved over 30 years into a fully integrated real estate company that has directly, and through its affiliated companies and investment funds, developed, acquired, owned, and operated commercial, residential, industrial, and retail properties and assets in 43 states. Mr. Wilpon and Sterling Equities have regularly been called upon to serves as real estate consultants to major governmental and institutional owners.
In 2002. Mr. Wilpon was elected chairman of the board of the New York Mets, after he and his Sterling Equities Partners acquired complete ownership of the team. From 1980-2002, he served as the team’s president and chief executive.
A Brooklyn, NY native, in 2000, Mr. Wilpon was instrumental in fulfilling his lifelong dream of bringing baseball back to Brooklyn as chairman of the Brooklyn Baseball Company, owner of the Brooklyn Cyclones.
Mr. Wilpon has served as a trustee and on the boards of numerous organizations and institutions. He is a director of the Partnership of New York City; governor of the Real Estate Board of New York, Inc.: trustee of the Little League Foundation; governor of the New York City Baseball Federation; director of the Realty Foundation of New York; and member of the Metropolitan Regional Advisory Board of JPMorgan Chase.
Mr. Wilpon is also founder of “NAT’s Kids” – an acronym for Neighborhood Allstar Team,” and named in honor of his father, Nathan. It annually provides 450 Brooklyn kids with free summer camp, educational programs, and year-round mentoring.
Mr. Wilpon graduated from Brooklyn’s Lafayette High School, where he played baseball and basketball, and graduated from the University of Michigan, which he attended on a baseball scholarship.