Bruce E. Toll has moved on from Horsham-based Toll Brothers, the real estate development company he began with his brother over half a century ago, to found his own investment firm, BET Investments, writes Lini S. Kadaba for The Philadelphia Inquirer.
While his company, which is headquartered in Dresher, primarily focuses on shopping centers, office parks, and apartment complexes, his business interests also encompass methadone clinics, software, growth hormones, movies, and auto dealerships.
And while he gets daily offers to invest, only a select few that have that something special get his backing.
“I like to invest in businesses that are small businesses that have something unique,” said Toll.
Over the last two decades, he has diversified into 20 different industries. And in all that time, the overwhelming majority of his investments have been successful.
“I bought a software company in 2002. It was only doing $10 million, and I bought it for $2 million,” he said. “Fifteen years later, in 2017, I sold it for a lot more, way over $100 million. It was a very good investment.”
Read more about Bruce Toll at The Philadelphia Inquirer by clicking here.
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