Alvin E. Kite, Jr. initially owned 3,561,499 shares in Kite Realty Group Trust, translating to 11.32% of the company's total shares. His holdings primarily comprised common shares and limited partnership units. At the peak of his investments, he enjoyed substantial...

Alvin E. Kite, Jr. initially owned 3,561,499 shares in Kite Realty Group Trust, translating to 11.32% of the company's total shares. His holdings primarily comprised common shares and limited partnership units. At the peak of his investments, he enjoyed substantial ownership, emphasizing his significant stake in the company. As the market fluctuated, Kite’s wealth was notably tied to his hold on these shares. However, by the time he retired, he did not sell any shares or receive major dividends. His wealth status provided him a place within the executive leadership, where he played an essential role in shaping the company’s future through various strategic decisions. Today, his shareholdings and past leadership decisions still contribute to Kite Realty's profile in the real estate market.