With a total of 80 billionaires, California had the most residents on the list. In 1980, he broke away to found Tudor Investment Corporation. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous years number by 30%. In 2013, Johnson stepped down from CEO to be replaced by his son, Greg. Johnson is the former CEO of Franklin Resources, a mutual fund company founded by his father Rupert in the mid-1940s. Since stepping down from the CEO position in 2013, Arison continues to oversee the company in his position as chairman. The Blackstone Group CEO Stephen Schwarzman, 73, is worth $15.4 billion this year, up from $13.2 billion. Elon Musk, the CEO of Tesla Motors, came in at No. He is also well known as the owner of the Miami Heat basketball team. They're all repeats fromlast year andfive of them haveaccumulated more wealth over the past year, despite the economic chaos caused by the pandemic. His father, Ted Arison, was one of the co-founders of the cruise line. According to Forbes, privately-held Arthrex has estimated annual revenues of $2.1 billion and Schmieding the son of German immigrants owns more than 90% of the company. When Florida Trend did this list four years ago, Florida's richest person was the late Subway founder Fred DeLuca, with $5.4 billion. Over the course of the next 25 years, he rose to become a general partner, and then Chairman and CEO of Asset Management. His company, now headquartered in North Naples, has developed thousands of products used in shoulder, hip and other joint surgeries. C. Dean Metropoulos formed International Home Foods in the mid-90s and managed to successfully re-launch several brands which were all in decline. Palm Beach, Boca Raton, Bal Harbour, and other ritzy Miami enclaves regularly make the list of the most expensive zip codes in the U.S. In 2020, it generated $8.89 billion in annual sales. He served as Best Buy's CEO from 1983 to 2002 and stepped down as chairman in 2012. The 43 people who ended up on the Palm Beach Daily News list either live or own property in the area or lease residences when in town, the newspaper reported. According to Forbes: An engineer by trade,Khanowns auto parts supplier Flex-N-Gate,the National Football League's Jacksonville Jaguars and the United Kingdom's Fulham football club. All of the billionaires hailing from Southwest Florida have appeared on the list before, including a secretive heiress. If your child will play baseball or softball this spring, youll need to stock up on appropriate clothing and equipment. 2023 Celebrity Net Worth / All Rights Reserved. (Stacker) The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. The Wrigley Company went on to become one of the most successful candy companies in the world. To compile the 39th annual Forbes 400 list, Forbes analyzed a list of nearly 700 candidates . Igor Olenicoff amassed the majority of his fortune in real estate as the owner of Olen Properties. 4 things you can do for your health, The State of Black Tampa Bay: An Exclusive Town Hall, Ybor speakeasy honors Madame Fortune Taylor, Ex got a warrant? David Tepper lives in Florida. PGE LLC, managed by Earl W. Powell, sold the 10,351-square-foot home at 80. Newcomers to The Forbes 400 include cryptocurrency entrepreneur Sam Bankman-Fried, who at 29 is the youngest person on the list. Mutual Fund and ETF data provided byRefinitiv Lipper. His fortune is estimated at $86 billion, up from $75 billion last year. President Donald Trump, 70, was among them, ranking at No. 2 spot after missing the mark for two years. Jeff Bezos, the founder and CEO of Amazon, is once again at the top of the list. Next, they bought up Chicago Beer Systems. Outside of his business activities, Reyes is known for his philanthropy. According to The Real Deal, Ross has two properties in Palm Beach. However, his net worth still rose, growing to$8 billionfrom$7.8billion a year ago. 29 Florida Billionaires, 10 In SoFla, Make Forbes' List 6 Southwest Florida residents among world's billionaires Theres rich in the sense of owning your own home and having the freedom to spend a little bit here and a little bit there on a few little luxuries, and then theres rich in the sense of owning your own plane, your own yacht, and quite possibly your own island. He is also the owner of Marvel Entertainment's toys division, Marvel Toys, and the personal care corporation, Remington Products. Angamardana, a fitness system rooted in yoga, Heading To FL: More People Moved In Than Out For 2022, FL Blogging Bill Says Political Writers Should Register With State, Abortion Clinic Clash, Hurricane Handles, Spring Break: FL Top News, African American History Taught By Freedom School At Sarasota Library, Thomas Peterffy: $17.5 B, age 75, discount brokerage, Micky Arison: $8.1 B, age 70, Carnival Cruises, J. Christopher Reyes; $6.7 B, age 65, food distribution, Jude Reyes: $6.7 B, age 64, food distribution, Reinhold Schmieding: $6.6 B, age 64, medical devices, Whitney MacMillan: $5.1 B, age 90, Cargill, Isaac Perlmutter: $5.1 B, age 76, Marvel comics, Paul Tudor Jones, II: $5 B, age 65, hedge funds, Charles B. Johnson: $4.9 B, age 86, money management, Terrence Pegula: $4.9 B, age 68, natural gas, Igor Olenicoff: $4.3 B, age 77, real estate, Robert Rich, Jr.: $4.3 B, age 78, frozen foods, Tom Golisano: $3.9 B, age 77, payroll services, Jeff Greene: $3.9 B, age 64, real estate and investments, Russ Weiner: $3.9 B, age 49, energy drinks, Richard Schulze: $3.8 B, age 78, Best Buy, Leon G. Cooperman: $3.2 B, age 76, hedge funds, Herbert Wertheim: $3.1 B, age 80, investments, William Wrigley, Jr.: $3 B, age 55, chewing gum, Edward DeBartolo, Jr.: $2.7 B, age 72, shopping centers, William Berkley: $2.6 B, age 73, insurance, Norman Braman: $2.5 B, age 87, art and car dealerships, C. Dean Metropoulos: $2.5 B, age 73, investments, Todd Christopher: $2.2 B, age 57, hair care products, Randal J. Kirk: $2.2 B, age 65, pharmaceuticals, James Clark: $2.1 B, age 75, Netscape, investments, Henry Laufer: $2.1 B, age 74, hedge funds. His ex-wife, Mackenzie Bezos, who got 25 percent of the couples shares in Amazon as part of their divorce settlement, is now the 15th richest person in America, according to the list. If your child will play baseball or softball this spring, youll need to stock up on appropriate clothing and equipment. He then used a portion of his funds to purchase the Buffalo Sabres NHL team and the Buffalo Bandits lacrosse team for $189 million. The Walmart heir is worth $67.9 billion. Five years later, he bought a Cadillac dealership in Tampa and today owns 23 franchise locations in Florida and Colorado. Below is a list of the richest person in each state, as well as their net worth and source of wealth, according to Forbes. Kapnick served as CEO of Highbridge from 2013 to 2016, when he and the principals bought HPS from JPMorgan in a carveout. Miami Attorney John Ruiz Buys Coral Gables Mansion - The Real Deal A former New York resident, he sold the Buffalo Sabres in March 2011 for $189 million, rejecting a higher bid to keep the team from moving out of town. Copyright 2023 Nexstar Media Inc. All rights reserved. We interviewed our tech expert, Jaime Vazquez, to learn more about accessible smart home devices. 0. 1,161. There are 56 women on the list, the same number as a year ago. Kenneth Feld owns Feld Entertainment, the parent company of Disney on Ice, Monster Jam and other popular shows. Billionaires are spread across the state, from Islamorada to Ormond Beach. These 6 Southwest Florida residents are billionaires Today, Griffin has invested at least $350 million into his Palm Beach properties, according to the real estate website. Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox. Herbert Wertheim started his career as a NASA engineer at Cape Canaveral where he designed a machine to make 15-inch, no-drip beeswax candles. Since that time, assets have swelled. A new list from Forbes has determined the richest person in each state as well as the source of their money. Olen Properties currently holds extensive real estate in Florida, Arizona, and Las Vegas. Are supernatural forces protecting Tampa Bay from hurricanes? Micky Arison Net worth: $6.6 billion (#393 wealthiest in the world) Residence: Bal Harbour, Florida Source of wealth: Carnival Cruises, #8. Nearly every one of Southwest Florida's billionaires onForbes' annual listofthe wealthiest people on earth are richer than a year ago, despite the coronavirus pandemic. Meet the 10 richest billionaires in Palm Beach in 2020 Palm Beach, Fla., residents certainly have plenty of opportunities to rub shoulders with wealth. Described by Forbes as arguably the greatest hedge fund manager of his generation, David Alan Tepper is the founder of Appaloosa Management, a global hedge fund firm based in Miami Beach Florida that manages around $3 billion in assets. In Florida, those making the list are: Thomas Peterffy of Palm Beach, discount brokerage, $17.1 billion David Tepper. His orthopedic medical device company, Arthrex, which is based in Naples, makes thousands of products for shoulder, knee, and other joint operations. Tesla and Amazon shares have both surged over the past year, contributing to the rising fortunes of Bezos and Musk. Notably missing from the 10 wealthiest is Metas Mark Zuckerberg, who dropped out of the top rankings for the first time in 2014. American business magnate Warren Buffet, worth $75.6 billion, reclaimed the No. #20. In 1981, Schmieding, a Naples resident and Michigan native, foundedArthrex, an orthopedic surgical tools company, in Munich, Germany. Bezos has topped the list for four consecutive years. Reinhold Schmieding, 62, weighing in at No. Fast-forward to the early 90s, and Mr. Peterffy launched his own company, Interactive Brokers, an electronic brokerage firm. The company has annual sales of about $2 billion. Stone remains the firm's largest individual shareholder, with a 13% stake. He did. William Berkley founded W.R. Berkley Corporation in 1967. Last year he weighed in at No. According to the Palm Beach Daily News, 18 of the 43 billionaires had their wealth decrease from last year. Orlando Bravo Net worth: $6.3 billion (#421 wealthiest in the world) Residence: Miami Beach, Florida Source of wealth: private equity, #9. Who are the richest billionaires in Florida? | WFLA Jude Reyes Net worth: $7.1 billion (#366 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: food distribution, #7. Aviation parts company owner Randy. At the same time, he and Marc Andreessen set up Netscape, which was instrumental in the launch of the Internet IPO boom on Wall Street during the mid to late 1990s. It's no surprise then, that 22 billionaires call the Miami area home. His 300-foot super yacht, six years in the making was delivered in late 2014, according to Forbes. In recent history, the list has included national figures like Donald Trump, Mark Cuban, and Warren Buffett, but it also includes people that have a larger reputation closer to home. After making waves with his revolutionary non-dairy, soybean oil-derived whipped cream, he soon started delving into a vast range of non-dairy frozen foods, including icings, cakes, pizza dough, meatballs, and more besides. His current net worth is estimated to be $14.5 billion. Ten states didnt have a resident that met the criteria to make Forbes rankings: Alabama, Alaska, Delaware, Maine, Mississippi, New Mexico, North Dakota, South Dakota, Vermont, and West Virginia. 9:00AM. This year'slist of billionaires also includes these well-known locals in the order of their rankings: Reinhold Schmieding, 66, came in at No. In 1945, Robert Rich Sr. founded Rich Products. Make a one-time donation today for as little as $1. Richest Billionaires in Florida | Stacker Mr. Ziff and his two brothers inherited their father's fortune after his retirement in the mid-90s. Since then, Flex-N-Gate Corporation has grown from a small concern into the 49th largest privately-held American company and the 7th largest American automotive parts supplier. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. In addition to his activities with Appaloosa, he owns the Carolina Panthers of the National Football League (NFL) and Charlotte FC in Major League Soccer (MLS). John Mars. The basis for Khan's success:A one-piece truck bumper. We interviewed our tech expert, Jaime Vazquez, to learn more about accessible smart home devices. Among the 44 people who fell off the list was former President Donald Trump, who had been among the 400 richest Americans for 25 years. Writing clearly didnt hold his interest for long, as after college, he trained under Eli Tullis at the New York Cotton Exchange. J. Christopher Reyes Net Worth: $5.5 billion, 6. Olen Properties currently controls 6.4 million square feet of office space and over 12,000 apartments and other residences in Florida, Arizona, and Las Vegas. 308 on this year's billionaires list. The ranking includes 2,153 people who have a combined wealth of $8.7 trillion. Soon after, he bought a seat on the American Stock Exchange and began doing his own trading. Carl Icahn, 84, who founded Icahn Enterprises, lost some wealth from last year. Its been said that Georgia-born rapper Playboi Carti is more comfortable with the performance of the role than he is with the actual act of rapping. Robert Rich, Jr. inherited a frozen food empire from his father, and as its chairman, continued to grow the company. He is the 70th richest person on Forbes list. OnlyInYourState may earn compensation through affiliate links in this article. William Stone, 61, has moved up on the list. The city is the second-most populous city on the East Coast and the seventh-largest in the country. Hes currently believed to be worth $4.6 billion. Get the Android Weather app from Google Play, Remain believed to be Florida woman missing since, Family of cold-case victim gets justice after 40, Video: SUV spotted before attack on Land OLakes, Folks near Jack Daniels facility complain of whiskey, Tampa mobile home park residents fight eviction, 3rd arrest made after teen shot to death in St. Pete, Beach battle over umbrellas heads to court, Grand Prix expected to draw thousands to St. Pete, 3 Daughters head brewer killed in crash on Skyway, 2022 Hurricane Guide: Prepare your family before a storm, Fence contractor extradited to Tampa Bay to face, Customers frustrated after used car dealership closes, Tampa Bay retiree one of thousands stuck in federal, Volunteers help veteran trying to feed homeless, City of Tampa removes speed hump in front of mans, Women in Motorsports internship to begin second, Bucs expected to release TE Cameron Brate, Lightning make roster moves ahead of NHL trade deadline, Top NFL draft prospect charged in fatal crash, Straz presents BIPOC series with Emmett Till play, Turning 50? He made No. Over the subsequent decades, he developed Franklin Resources into one of the leading mutual funds in the country. The 2018 list has 2,208 billionaires, up from 2,043 in 2017. Quicken Loans cofounder Dan Gilbert, 58, reportedly joined the Palm Beach list this year after he bought two houses in Palm Beach, the newspaper reported. Peterffy Tops the List. David Tepper Net Worth: $14.5 billion, 1. 308 on this year's billionaires list. Resides in Miami, FL. John Henry owns The Boston Globe, the Boston Red Sox, the Liverpool F.C., and co-owns Roush Fenway Racing. In nearby counties that includes Kenneth Feld and family in Sarasota, ranking at No. Peterffy actually lives in Palm Beach, according to Money. However, not everyone on the list had a good year with their wealth. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. 1. 19. but theyve got the money in the bank in case they wanted to. (Getty). He earned his first fortune trading agricultural futures. Jeff Greene began investing in properties while he was still attending business school. Prominent Miami attorney, entrepreneur and philanthropist John Ruiz paid $25 million for a waterfront mansion in Gables Estates, The Real Deal has learned. Over the subsequent decades, he developed Franklin Resources into one of the leading mutual funds in the country. Shahid Khan began his career as an engineering director for Flex-N-Gate Corporation. Heres a closer look at the regions billionaires: Shahid Khan, 66, once again ranks as the richest man in Southwest Florida. Sign up for free Patch newsletters and alerts. In the years since, Anthrax has grown exponentially. MIAMI (CBSMiami) - Westminster Christian School in Palmetto Bay is getting a $10 million donation, the largest gift in school history. This year there are 51 billionaires in Florida on the list, up from 44 last year. 660, with a net worth that has grown to $3 billion. All rights reserved. Julia Koch and her family are the wealthiest people with ties to Palm Beach and take the 18thspot on Forbes list of billionaires. Robert Rich, Jr Net Worth: $4.6 Billion, 9. Last year Stone ranked in last place on the Florida list of billionaires at 1,695, with a value of $1 billion. Floridas wealthiest people are the second kind of rich. The company soon became the world leader in the production of Hollywood movie visual effects and 3-D imaging. Just like the rest of the world, many of the billionaires saw their wealth decrease in the last year -- specifically in recent months as the coronavirus has taken its toll on the economy. Stephen Ross, 79, who owns the Miami Dolphins, was found to be the 185th richest billionaire in the world, according to Forbes. Shahid Khan, 70, has kept his crown as therichest person in all of Southwest Florida. At No. Thomas Peterffy Net Worth: $25 billion, How Natalie Portman Achieved a Net Worth of $60 Million, How Ant Anstead Achieved a Net Worth of $5 Million, How Playboi Carti Achieved a Net Worth of $9 Million, How Kevin Durant Achieved a Net Worth of $170 Million, How Method Man Achieved a Net Worth of $14 Million, 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. The story: John W. Henry, 65, got rich in commodities trading, rich enough to allow him to buy the since-renamed Florida Marlins baseball team from Wayne Huizenga for $150 million in 1999. You will receive your first email soon. Ruiz began his legal career in personal injury and class actions, quickly rising to take on major pharmaceutical companies. GET FOX BUSINESS ON THE GO BY CLICKING HERE. She lives in New York City, according to Forbes, but still has an estate in Palm Beach that she and her husband bought in 1998 and renovated over the years, according to the Palm Beach Daily News. The richest billionaires in Miami (clockwise from top left): William Berkley, Sami Mnaymneh, Micky Arison, Fred Ehrsam, David Tepper, Barry Sternlicht . Though Schwarzman lives in New York City, he has a vacation home in Palm Beach, according to The Wall Street Journal. Rounding out the top 10 are Microsofts Bill Gates, Oracles Larry Ellison, Berkshire Hathaways Warren Buffett, Googles Larry Page and Sergey Brin, Microsofts Steve Ballmer, Bloomberg LPs Michael Bloomberg, and Walmarts Jim Walton. Mars. REGISTER: Free business newsletter from The News-Press. The wealthiest Americans on the annual Forbes 400 list grew their combined net worth by just over 2 percent from the previous year, making . His father, whod emigrated to the US a few years before, gave him $100 dollars and told him to go out and make something of himself. Do Not Sell or Share My Personal Information, L Brands ( Victorias Secret, Bath & Boy Works). OLLI Spring Semester Registration Now Open, OLLI Announces Spring Semester CONNECTIONS Documentary Film Series, 10 FL Dream Homes: Private Beach On Siesta Key, 15K SF Clearwater Home, At Villa Serena Inn-African Bead Design-Necklace w/Judy Levine. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. He is the former chief executive officer and chairman of U.S. Airways. THE 10 RICHEST BILLIONAIRES IN THE WORLD IN 2020, DESPITE CORONAVIRUS. Weiner owns 85% of the company which in 2014 was valued at $1.8 billion and today is valued at more than $5 billion. At No. Like his brother Jude, Christopher Reyes has a net worth of $5.5 billion that stems from Reyes Holdings. By the age of 24, Johnson was top dog at the company. Charles Johnson Net Worth: $4.9 billion, 7. The Oscars will air on ABC and can be streamed on ABC.com and the ABC app as well as Hulu + Live TV, YouTube TV, AT&T TV or FuboTV. Newcomerson the list of billionaires from FloridaincludePatrick Zalupski($1.3 billion), founder/CEO of Dream Finders Homes;Carl DeSantis($1.2 billion), chairman of CDS Holdings; andJorge Mas($1.2 billion), chairman of the Cuban American National Foundation and managing owner of Major League Soccer team Inter Miami CF. Richest Floridians: The Top 25 - Florida Trend Soon enough, he was handed the position of CEO. In addition to serving as the CEO of Omega, he is also on the Board of Directors for Automatic Data Processing. Forbes also found that of the 400 wealthiest people in America, 275 created their fortune while the rest inherited it. The company published such periodicals as Car and Driver, Popular Aviation, and PC . John N Ruiz, 69. October 15, 2021 Here are the Florida billionaires on the list: The top 10 richest people in America for 2019 are: See the full list and read more via Forbes. The Oscars will air on ABC and can be streamed on ABC.com and the ABC app as well as Hulu + Live TV, YouTube TV, AT&T TV or FuboTV. John "La Ley" Ruiz Loses His Boat And Owes Money To Contractors 1,580, with a net worth of $2 billion the same as last year. He has been the chairman of the board of NYU, his alma mater, since 2014. In 2019, Shahid and his son, Tony, launched All Elite Wrestling, a competitor to WWE. Hes up there with the likes of LeBron James, and hes managed to accumulate a net worth, Read More How Kevin Durant Achieved a Net Worth of $170 MillionContinue, Clifford smith junior is an American rapper and actor best known by his stage moniker Method Man. Get the Android Weather app from Google Play, Remain believed to be Florida woman missing since, Family of cold-case victim gets justice after 40, Video: SUV spotted before attack on Land OLakes, Folks near Jack Daniels facility complain of whiskey, Tampa mobile home park residents fight eviction, 3rd arrest made after teen shot to death in St. Pete, Beach battle over umbrellas heads to court, Grand Prix expected to draw thousands to St. Pete, 3 Daughters head brewer killed in crash on Skyway, 2022 Hurricane Guide: Prepare your family before a storm, Fence contractor extradited to Tampa Bay to face, Customers frustrated after used car dealership closes, Tampa Bay retiree one of thousands stuck in federal, Volunteers help veteran trying to feed homeless, City of Tampa removes speed hump in front of mans, Women in Motorsports internship to begin second, Bucs expected to release TE Cameron Brate, Lightning make roster moves ahead of NHL trade deadline, Top NFL draft prospect charged in fatal crash, Straz presents BIPOC series with Emmett Till play, Turning 50?