Several markets around the world may have hit a snag, but there’s no slowing down these bunch of real estate billionaires as more and more individuals of their kind are joining the elite circle. The Forbes’ list this year has counted 23 more of these property moguls making the cut…. but, one needs not to conquer the whole market. Jeff Sutton found a niche and channeled his efforts and resources into it. He focused on the need for high-end retailers in Manhattan, and he created innovations to boost profitability for his investments like the concept of multi-floor retailing.