Roy Carroll, II | $1B+

Billionaire

Oct 6

Get in touch with Roy Carroll, II | Roy Carroll II, founder, president, and CEO of The Carroll Companies, has built a diversified real estate empire spanning multifamily housing, commercial developments, self-storage, and luxury communities. Based in Greensboro, North Carolina, the privately held company oversees billions in assets with projects across the Southeastern United States. Known for his entrepreneurial drive and long-term investment vision, Carroll has positioned his firm as a leader in regional real estate while also supporting civic and philanthropic initiatives that strengthen local communities.

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Roy E. Carroll II
Founder, President, & CEO
As the Founder, President, and CEO of The Carroll Companies, Roy E. Carroll, II has successfully led the development and evolvement of an impressive real estate portfolio including residential, self-storage, commercial, industrial, and hospitality properties. Forbes has Mr. Carroll’s net worth at $2.9 billion that is comprised of approximately $6 billion in real estate assets that he owns with low or no debt. Mr. Carroll is one of the region’s largest real estate owners.

Over the past few decades, Mr. Carroll had committed to several special projects that have significantly improved the Triad area. In fact, for his involvement and dedication to his community, Mr. Carroll was awarded the Downtown Greensboro Person of the Year award in 2006 and in 2010, Junior Achievement of Central North Carolina, Inc. named him its Hall of Fame Laureate. Additionally, Mr. Carroll was recognized as one of the Triad’s Most Influential People every year since 2006 by the Triad Business Journal. In 2023, he was recognized in the NC Business Power List. In addition to Carroll’s business commitment, he is involved in a number of charitable and philanthropic endeavors with a focus on finding a cure for diabetes, food scarcity and faith-based relief efforts. Mr. Carroll is a devoted husband to his wife, Vanessa, and father to his three daughters.

Roy Carroll II is the founder and CEO of Greensboro, North Carolina-based real estate developer Carroll Companies.
He cofounded the firm with his late father in 1983, when he was 21 years old, as a small custom homebuilding company.
Carroll bought out his father's stake in 1990 and expanded into building subdivisions and later into apartment complexes.
Carroll Companies now owns more than 13,000 apartments and 29 self-storage facilities in six states across the Southeast and in Montana.
He also owns a local online publication, the Rhino Times, as well as an extensive collection of Ferrari sportscars.

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Roy Carroll, II | $1B+

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