Spencer Rascoff, Chief Executive Officer, of Zillow Group, has been named as the most influential person in United States real estate in 2017.

Mr Rascoff, who saw the group’s market capitalisation reach $6.5billion, topped the 2017 Swanepoel Power 200 (SP200) list, rising from third place last year.

“Seven years into his tenure as CEO, Rascoff, 41, has Zillow Group humming on all cylinders. It operates the world’s most popular real estate site in Zillow, is building a comprehensive data management platform epitomized by the acquisition of Bridge Interactive Group, and saw the company’s market cap climb to $6.5 billion.