Algernong Allen is a respected real estate broker, entrepreneur, and community advocate. He is widely known for his contributions to the Philadelphia real estate industry and his active involvement in local politics. With a diverse career spanning multiple industries, many people wonder about algernong allen net worth. In this article, we explore his career, accomplishments, and financial success.
Early Life and Education
Born on September 21, 1971, Algernong Allen pursued his education at Hampton University, where he earned a Bachelor’s degree in Finance in 1994. His strong background in finance set the stage for a successful career in business and real estate. Eager to expand his expertise, he later earned a Graduate Certificate in Real Estate from New York University in 2017.
During his university years, Allen demonstrated leadership and analytical skills, actively participating in student organizations. These experiences helped him sharpen his problem-solving abilities, which later played a crucial role in his professional journey.
Algernong Allen’s Career Journey
Transition from IT to Real Estate
Before establishing himself in real estate, Algernong Allen worked as an IT Infrastructure Consultant at GlaxoSmithKline. This experience provided him with valuable business insights and technical skills, which later helped him navigate the complexities of entrepreneurship and real estate investment.
His IT background also gave him a unique perspective on business efficiency, enabling him to adapt to the evolving real estate market. His ability to transition between industries has been a key factor in his financial growth.
Entrepreneurial Ventures and Business Success
Allen has always had a strong entrepreneurial drive. In 2003, he founded Kemlon Marketing LLC, demonstrating his ability to build and manage businesses successfully. Around the same time, he also established GBLS LLC, focusing on real estate development in Philadelphia.
In addition to real estate, Allen explored the hospitality industry by opening Elena’s Soul, a popular restaurant in Philadelphia. The establishment became a favorite community gathering spot. Unfortunately, a tragic fire led to its closure. However, Allen’s resilience and business acumen allowed him to continue pursuing new opportunities.
Algernong Allen’s Net Worth and Real Estate Success
One of the biggest contributors to Algernong Allen’s net worth is his real estate career. Over the years, he has worked with several real estate firms, including Exit Benchmark, Sherman Toppin, Coldwell Banker Residential Brokerage, and RealtyMark in Marlton, New Jersey.
Since 2018, he has served as a real estate broker associate at Keller Williams Philly. His expertise in property transactions, investments, and market analysis has helped him build a strong financial foundation.
Allen has successfully closed numerous high-value deals, earning significant commissions. Additionally, he has been involved in property flipping—purchasing undervalued properties, renovating them, and selling them at a profit. His ability to identify promising real estate opportunities has contributed significantly to his growing wealth.
Political and Community Involvement
In addition to his business success, Allen has been deeply involved in politics and community development. In 2013, he ran as a Democratic candidate for District 188 of the Pennsylvania House of Representatives. Though he did not win, his campaign raised awareness of critical social and economic issues.
Beyond politics, Allen is an active philanthropist. He supports various charitable initiatives focused on education, housing, and economic empowerment in underserved communities. His dedication to social causes has solidified his reputation as a leader in Philadelphia.
Algernong Allen Net Worth: Financial Breakdown
As of 2025, Algernong Allen’s net worth is estimated to be around $2 million. His financial success is the result of years of strategic investments, business ventures, and a strong entrepreneurial mindset. Over the years, he has diversified his income streams, ensuring financial stability and continuous growth. His wealth comes from multiple income sources, including:
- Real Estate Transactions: Profits from property sales and investments.
- Entrepreneurial Ventures: Revenue from businesses like Kemlon Marketing LLC and GBLS LLC.
- Consulting Work: Earnings from IT and business consulting.
- Public Engagements: Participation in community initiatives and speaking engagements.
Allen’s ability to manage multiple ventures has been a key factor in building his financial portfolio. His strategic investments and business acumen have allowed him to generate long-term wealth.
Personal Life and Marriage to Anne-Marie Green
Algernong Allen is also known for his marriage to Anne-Marie Green, a renowned CBS news anchor. The couple married in 2009 and have a daughter, Ailey Lynn Allen, born in 2011.
Anne-Marie Green has built an impressive career in journalism, serving as a news anchor and correspondent for CBS News. Together, Allen and Green form a power couple, excelling in their respective fields.
Algernong Allen Net Worth and Future Growth
Allen’s real estate career and entrepreneurial mindset continue to drive his financial growth. As the real estate market evolves, his expertise in property investment and market trends will likely increase his wealth in the coming years. Additionally, his ability to adapt to shifting market conditions and leverage innovative investment strategies ensures his financial stability and long-term success. By continuously identifying lucrative opportunities and refining his business approach, Allen is well-positioned to expand his wealth and strengthen his influence in the real estate industry.
In addition to expanding his real estate ventures, Allen may explore new business opportunities and community leadership roles. His commitment to economic development and public service positions him for further success.
Conclusion
Algernong Allen’s estimated net worth of $2 million reflects his hard work, strategic investments, and dedication to real estate and business. His journey from IT consulting to becoming a successful entrepreneur and real estate expert showcases his adaptability and resilience.
With a diverse career and a strong commitment to community development, Allen’s influence extends beyond financial success. As he continues to grow professionally, his net worth is expected to rise, further cementing his legacy as a respected business leader and advocate for economic progress.