Jay Schottenstein House is not just a place to live—it’s a symbol of success, style, and pure luxury. People always wonder what it’s like inside the home of a billionaire, and Jay Schottenstein’s house in Miami Beach is a perfect example of how the ultra-rich live today. With its jaw-dropping price tag, stunning design, and prime location, this house stands out among celebrity homes. But there’s more to the story than just fancy walls and a big yard. Let’s take a closer look at the man behind the mansion, his life, his real estate moves, and what makes the Jay Schottenstein House so special.
Who is Jay Schottenstein?
Jay Schottenstein is a name that means business. He’s the CEO and Chairman of American Eagle Outfitters, American Signature, and Schottenstein Stores Corporation. He’s also the Executive Chairman of Designer Brands. Born in 1954 in Columbus, Ohio, Jay grew up in a family that knew how to build an empire. His father, Jerome Schottenstein, started the family business, and Jay jumped in after college, working his way up from Value City Furniture to running the whole show.
Jay isn’t just about business. He’s a family man, married to Jeanie Schottenstein, and they have three kids: Jonathan, Joey, and Jeff. Besides his business empire, Jay is known for his philanthropy, giving to causes across the country and the world.
But what really gets people talking is Jay’s lifestyle. He’s got a net worth that’s estimated to be anywhere from $166 million to $2.7 billion, depending on which report you read. He owns a fleet of luxury cars, a private Gulfstream G550 jet, a massive 200-foot superyacht called “Just J’s” worth $75 million, and several homes scattered across the U.S.. And yes, he’s even owned a penthouse on a private island.
| Detail | Information |
|---|---|
| Name | Jay Schottenstein |
| Birth Year | 1954 |
| Birthplace | Columbus, Ohio, USA |
| Education | Indiana University Bloomington |
| Spouse | Jeanie Schottenstein |
| Children | Jonathan, Joey, Jeff |
| Net Worth | $166 million – $2.7 billion |
| Main Companies | American Eagle Outfitters, Designer Brands, Schottenstein Stores, American Signature |
| Private Jet | Gulfstream G550 (N720JS) |
| Yacht | “Just J’s” (200-foot, $75 million) |
| Cars | Multiple luxury vehicles |
| Homes | Miami Beach, New York, Columbus, Key Biscayne |
| Philanthropy | Jay & Jeanie Schottenstein Foundation, AEO Foundation |
Where Does Jay Schottenstein Live Now?
Right now, Jay Schottenstein calls Miami Beach home. He and his wife Jeanie have settled in this sunny, glamorous city, which is a favorite spot for celebrities and business moguls alike. Miami Beach is famous for its beautiful beaches, lively nightlife, and luxury real estate. Jay’s house sits among other high-profile neighbors, making it a true hotspot for the rich and famous.
But Miami Beach isn’t his only base. Jay also owns properties in New York and Columbus, Ohio, and he’s been known to buy and sell penthouses and condos in places like Key Biscayne and even branded residences like the Ritz-Carlton and Armani Residences. Still, the Jay Schottenstein House in Miami Beach is his main residence and the one that draws the most attention.
Jay Schottenstein House
The Jay Schottenstein House is more than just a home—it’s a statement. This Miami Beach mansion is worth around $21.6 million, and it’s packed with everything you’d expect from a billionaire’s home. The house has a modern style, with clean lines, open spaces, and huge windows that let in tons of sunlight. It’s got multiple levels, two outdoor swimming pools, a tennis court, a labyrinth, and a massive landscaped garden.
Inside, you’ll find spacious living areas, a chef’s kitchen, and rooms designed for entertaining guests. The design is sleek and stylish, with light colors and high-end finishes. There’s even a private elevator, which makes it easy to move between floors. And with five bedrooms and five bathrooms, there’s plenty of space for family and friends.
1. Where Is Jay Schottenstein House?
The Jay Schottenstein House is located in Miami Beach, Florida. This area is known for its luxury homes, celebrity residents, and breathtaking ocean views. The house is in a prime spot, close to the beach and all the best restaurants, shops, and nightlife that Miami has to offer. It’s also near other celebrity homes, so Jay has some famous neighbors.
Miami Beach is a dream location for anyone who loves sun, sand, and style. The neighborhood is safe, upscale, and full of energy. Living here means you’re always close to the action, whether it’s a day at the beach or a night out on the town.
2. Features of Jay Schottenstein House
The Jay Schottenstein House is packed with features that make it stand out. The design is modern and open, with big windows that show off the beautiful views. The house covers more than 4,500 square feet, giving everyone plenty of room to relax. There’s a private elevator, so moving between floors is a breeze.
Outside, you’ll find two swimming pools, perfect for cooling off on hot Miami days. There’s a tennis court for staying active, and a labyrinth and garden for quiet walks or meditation. The house is made for entertaining, with lots of space for parties, family gatherings, or just hanging out with friends.
The kitchen is a chef’s dream, with top-of-the-line appliances and plenty of space for cooking big meals. The living areas are open and bright, with comfy seating and stylish décor. Each bedroom is like its own private retreat, with big windows, lots of light, and beautiful views.
Jay Schottenstein Real Estate Portfolio
Jay Schottenstein’s real estate portfolio is just as impressive as his business empire. Over the years, he’s bought and sold several high-end properties, each one more luxurious than the last.
- Miami Beach Mansion:His main home, worth $21.6 million, with all the bells and whistles you’d expect from a billionaire’s house.
- Armani Residence, New York:In 2025, Jay bought a full-floor condo at the Giorgio Armani Residences on Madison Avenue for $21.6 million. This 4,530-square-foot unit has five bedrooms, five bathrooms, and a private elevator. The building also has a fitness center, landscaped terrace, and residents’ lounge.
- Ritz-Carlton Residences, Miami Beach:Jay has owned two units here, including one bought for $18 million. These branded residences are known for their luxury amenities and high-profile residents.
- Key Biscayne Penthouse:Jay and Jeanie listed their combined 10,421-square-foot penthouse for $33.9 million in 2024. They originally bought it for $5 million in 2007. The penthouse has four bedrooms, four-and-a-half bathrooms, private offices, a chef’s kitchen, and 3,000 square feet of terraces with ocean views.
- Columbus, Ohio:Jay also keeps a residence in his hometown, where he oversees his family’s business empire.
Jay’s real estate moves show that he knows how to pick prime locations and invest in properties that hold their value. Whether it’s a mansion in Miami Beach, a penthouse in New York, or a condo on a private island, Jay’s homes are always top-of-the-line.
Conclusion
Jay Schottenstein House is more than just a fancy address—it’s a symbol of everything Jay has achieved. From his early days in Columbus to running a billion-dollar business and living in some of the most luxurious homes in the country, Jay’s story is one of hard work, smart moves, and a taste for the finer things in life. His Miami Beach mansion is a perfect example of how the rich and powerful live, with its stunning design, top-notch features, and unbeatable location.
But Jay’s life isn’t just about money and mansions. He’s a family man, a business leader, and a philanthropist who gives back to his community. Whether he’s sailing on his $75 million yacht, flying in his private jet, or relaxing in his Miami Beach home, Jay Schottenstein shows what it means to live life at the top.
FAQs About Jay Schottenstein and American Eagle
What companies does Jay Schottenstein own?
Jay Schottenstein owns and leads several major companies through his role as Chairman and CEO of Schottenstein Stores Corporation. His portfolio includes American Eagle Outfitters, Designer Brands (which operates DSW), American Signature Inc. (including Value City Furniture), SB360 Capital Partners, and Schottenstein Property Group. He also has interests in Albertsons Companies and other retail and real estate ventures.
How did Jay Schottenstein make his money?
Jay Schottenstein made his money by expanding his family’s retail empire. He started in the family business, Value City Furniture, and later took over Schottenstein Stores Corporation after his father’s passing. His wealth mainly comes from retail and real estate, especially from American Eagle Outfitters (where the family holds a significant stake), Designer Brands, and other retail and property investments. The Schottenstein family has also been involved in acquiring and managing major retail brands and shopping centers across the U.S..
Who is the current CEO of American Eagle?
Jay Schottenstein is the current CEO and Executive Chairman of American Eagle Outfitters. He first served as CEO from 1992 to 2002, returned to the role in 2014, and continues to lead the company as of June 2025.
What family owns American Eagle?
The Schottenstein family owns a significant portion of American Eagle Outfitters. They became majority owners in 1991 when they bought out the original founders, the Silverman family. The Schottensteins have maintained a strong influence over the company ever since, with Jay Schottenstein serving as CEO and Executive Chairman.
