Burglars Steal More Than $140K In Handbags, Jewelry From American Dream CEO's Bronx Mansion

Someone broke into the Bronx mansion of the American Dream mall's billionaire CEO and swiped nearly $140,000 worth of jewelry and handbags, authorities said.

Triple Five Group CEO Don Ghermezian recently opened the American Dream mall in East Rutherford.
Photo Credit: *@rosannascotto Instagram/Amercan Dream Mall*

Cecilia Levine

11/11/2019 7:14 a.m.

** UPDATE: A $2,500 reward was being offered by the NYPD for anyone who can help lead to the arrest of the thieves **

The thieves forced their way in through a second-floor balcony of the home of Don Ghermezian in the borough's exclusive Villanova Heights section shortly after 5 p.m. Saturday, the NYPD said.

Nearly 30 handbags and jewelry were taken from the 46-year-old tycoon's home, police said.

Ghermezian is the CEO of Triple Five Group, which owns the Mall of America and the newly-opened American Dream in East Rutherford.

No arrests had been made as of Monday morning, authorities said.

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