Stephen Tebo Net Worth 2025: Real Estate Empire Revealed
How Stephen Tebo Net Worth reached $250 million from owning 225+ properties, leasing to hundreds of tenants, and investing in unique assets.
Oct 10, 20252.9K Shares44.6K Views
Stephen Tebo is a prominent real estate owner and developer based in Boulder, Colorado. He owns Tebo Properties, a company that runs and manages commercial real estate holdings, including the “Red Lion Inn” resort property, which spans over 10 acres. He also holds “Tebo’s Garage,” a personal vehicle collection that he has opened to help the community during charitable events. He is active in his community and has been honored by local real estate peers (for example, receiving the Dean Callan Recognition Award) for his professionalism, leadership, and service.
Early Life
Stephen Tebo was born in 1944 in Hill City, Kansas. He is the son of Lorene and John Tebo. From age eight, he started working, shining shoes in a nearby barber shop. When he was eleven, he began collecting coins. He used that hobby to build a small business that helped him pay for his college costs.
Career
Stephen Tebo began his business life by opening a coin shop in Boulder in 1968 after moving there following college. He also started a business making store display fixtures called Tebo Store Fixtures. His success in these early businesses led him to need more space; so he built a larger building (10,000 square feet), did not use all of it himself, and rented the unused portion to other tenants. This taught him how commercial real estate works. Over time, he used the income from tenant rents to buy more properties. Through careful steps and reinvesting gains, he grew Tebo Properties into a major real estate company with hundreds of buildings, many tenants, and projects across Boulder and other areas.
Stephen Tebo Net Worth
As of 2025, Stephen Tebo's estimated net worth is approximately $250 million. He has built this wealth through his extensive real estate ventures under Tebo Properties, which owns over 250 commercial properties totaling more than 4 million square feet in Boulder County, Colorado. Additionally, Tebo's diverse investments, including his notable car collection, contribute to his financial standing.
Does Stephen Tebo Have A Car Collection
Stephen Tebo does have a car collection. He owns nearly 400 vintage and unique vehicles, stored in a space called “Tebo’s Garage.” Some of the special cars he owns are a Tucker 48 (only a few were ever made), the Batmobile from the 1960s TV show “Batman,” a 1929 Cadillac limo once used by President Herbert Hoover, and an original taxi used in the TV series “Seinfeld.” He keeps each car well cared for: every vehicle is driven at least every 90 days. The collection is also part of public charity events where people can visit and see the cars.
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