According to Forbes, Bal Harbour resident Arison is worth $4.2 billion, which makes him the richest person in South Florida and tied for the richest person in the state. PGE LLC, managed by Earl W. Powell, sold the 10,351-square-foot home at 80. After guiding thefirm to an IPO in 1996, Forbes reports the dot-com crash nearly crippled the company in 2001, but Stone kept it alive by refocusing and adding services, such as data centers. 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. He now runs his own private equity firm, Metropoulos & Co., which purchased Pabst Brewing Co., North America's largest remaining independent brewing company, for $250 million dollars in 2010. The company published such periodicals as Car and Driver, Popular Aviation, and PC . Hes worth $22.5 billion, ranks 32nd and is among seven cryptocurrency entrepreneurs on the list. Since 1995, hes also controlled the NBA Miami Heat, leading the team to victory at three championships. This site uses Akismet to reduce spam. She also makes art, jewelry, and other things for her shop, Countless Celebrities Have Loved This Iconic Florid Diner For Decades, Chow Down On Seafood Fresh Off The Boat At This Spring Seafood Festival In Florida, Here Are The 9 Most-Recommended BBQ Restaurants In Florida, According To Our Readers, Plan A Trip To This Underrated Historic Town In Florida, 5 Dead, 8 Injured In Shooting At Floridas Fort Lauderdale Airport, Tour This Inventors Workshop In Florida For An Unforgettable Animatronic Adventure, 9 Things You Had No Idea Were Invented in Florida, Uh Oh Here Are The 10 Drunkest Counties In Florida. Over the course of the next 25 years, he rose to become a general partner, and then Chairman and CEO of Asset Management. Jeff Bezos, the founder and CEO of Amazon, is once again at the top of the list. According to Forbes, he was estimated to be worth $13.8 billion this year but was worth $17.4 billion last year. THE 10 RICHEST BILLIONAIRES IN THE WORLD IN 2020, DESPITE CORONAVIRUS. Today, the company generates around $3.6 billion in annual sales as the owner of 75 percent of the company, a good portion of that ends up in Rich, Jr.s pocket. American business magnate Warren Buffet, worth $75.6 billion, reclaimed the No. Make a one-time donation today for as little as $1. Let us know what you think below. 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. In total, there are now 70 billionaires inFlorida, worth a combined $245 billion. Micky is also the owner of the NBA's Miami Heat. Forbes calculated the net worth of those on the list using stock prices at Wall Streets closing bell on Sept. 3, which was close to a record high close for U.S. stock indices such as the S&P 500. The latest list includes a record 1,975 self-made billionaires. You can view the full list on Forbes website here. 1,567 and with a value of $1.3 billion, hes tied with two other Florida residents this year including basketball Hall of Famer Michael Jordan. In case youre curious, heres a list of the top 10 richest people in Florida and how they got where they are now. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Last year Schulze, Best Buys chairman emeritus who lives in Bonita Springs, weighed in at No. 385, is Southwest Floridas second-richest businessman. Miami's independent source of Gilbert, who owns the NBAs Cleveland Cavaliers, was tied for 230th place on Forbes list and took tenth place on Palm Beachs list. Get more stories delivered right to your email. He remains the company's largest individual shareholder, with an 11% stake. 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). The family also retained ownership of the Tampa Bay Buccaneers. A confirmed Republican, hes made numerous generous donations to the party over the years, including $80,200 to the Illinois Republican Party between 1994 to 2007 and $100,000 to the Republican PAC, Two Party System, Inc. Forbes pointed to Whitney Wolfe Herd, founder and CEO of the dating app Bumble, as a notable newcomer worldwide. He served as Best Buy's CEO from 1983 to 2002 and stepped down as chairman in 2012. If your child will play baseball or softball this spring, youll need to stock up on appropriate clothing and equipment. A self-made man without a college degree, he made his money in real estate before going into sports, buying the hapless Bucs and building the team into a Super Bowl winner in 2003, the last time. The company soon became the world leader in the production of Hollywood movie visual effects and 3-D imaging. Norman Braman is best known as a former owner of the NFL's Philadelphia Eagles. FLORIDA Americas billionaires are richer than theyve ever been, Forbes said with Tuesdays release of The Forbes 400, its annual list of the 400 richest U.S. billionaires. Since then, the ranks of billionaires in the country have, Read More The 10 Richest People in PakistanContinue, NBA star player Kevin Durant is one of the most popular players in the history of the game. 308 on this year's billionaires list. The source of his wealth is Reyes Holdings, a $30 billion food and beverage distribution company established by him and his brother Christopher. #20. Mr. Ziff and his two brothers inherited their father's fortune after his retirement in the mid-90s. He amassed the majority of his fortune in real estate as the owner of Olen Properties. Did you know? Citadel CEO Kenneth Griffin, 51, saw his wealth increase from $11.7 billion last year to $12.1 billion this year. Weiner owns 85% of the company which in 2014 was valued at $1.8 billion and today is valued at more than $5 billion. Robert Rich Jr Net worth: $4.9 billion (#597 wealthiest in the world) Residence: Islamorada, Florida Source of wealth: frozen foods, #17. 369 in 2016.) MIAMI (CBSMiami) - Westminster Christian School in Palmetto Bay is getting a $10 million donation, the largest gift in school history. Below is a list of the richest person in each state, as well as their net worth and source of wealth, according to Forbes. Now headquartered in Naples, Florida, its developed over 13,000 tools and products used in orthopedic surgeries and is thought to generate revenues of $2.6 million per year. With a total of 80 billionaires, California had the most residents on the list. Southwest Florida is home to six of the richest people on the planet. Related To Elizabeth Ruiz, Mayra Ruiz, Rodriquez Ruiz, Catherine Ruiz. The ranking includes 2,153 people who have a combined wealth of $8.7 trillion. The richest billionaires in Miami (clockwise from top left): William Berkley, Sami Mnaymneh, Micky Arison, Fred Ehrsam, David Tepper, Barry Sternlicht . William Berkley founded W.R. Berkley Corporation in 1967. (NEXSTAR) Each year, Forbes releases a list of the richest people in the U.S. He landed at No. Together, the top 10 richest billionaires who have ties to Palm Beach are worth about $140 billion, according to Forbes estimates. His current net worth is estimated to be $14.5 billion. but theyve got the money in the bank in case they wanted to. Micky Arison is the CEO of the cruise ship company Carnival, which was co-founded by his father Ted Arison. Learn how your comment data is processed. 4 $71.3 billion) and Facebook CEO and founder Mark Zuckerberg (No. Tesla and Amazon shares have both surged over the past year, contributing to the rising fortunes of Bezos and Musk. Many ways to give and you don't have to be rich to do it. He is also an author, Broadway producer and owner of the Buffalo Bisons minor league baseball team, the Northwest Arkansas Naturals, and the Jamestown Jammers. - Source of wealth: private equity . Shahid Khan, 70, has kept his crown as the richest person in all of Southwest Florida. local news and culture, Jess Swanson Thomas Peterffy, CEO of Interactive Brokers, is the richest person in Florida. According to Wikipedia, it now holds $1.4 trillion in assets under management on behalf of private, professional, and institutional investors. 2023 FOX News Network, LLC. He made No. He is the former chief executive officer and chairman of U.S. Airways. Do Not Sell or Share My Personal Information. The companygrew out of the Ringling Bros. circus, which shut down in May 2017 due to falling ticket sales, according to Forbes. Writing clearly didnt hold his interest for long, as after college, he trained under Eli Tullis at the New York Cotton Exchange. C. Dean Metropoulos formed International Home Foods in the mid-90s and managed to successfully re-launch several brands which were all in decline. Phillip Frosts early professional career consisted of working for the National Cancer Institute and as Professor of Dermatology at various colleges in Florida, but he made his billions buying, founding, and selling successful pharmaceutical firms. Henry, a former owner of the Florida Marlins, bought the Boston Red Sox in 2002 with the express goal of "breaking the Curse of the Bambino." Hes currently believed to be worth $4.6 billion. Last week, Forbes released its annual list of billionaires, which included 2,095 around the world. The greater Miami area is home to nearly seven million people. On September 9, 2014, it was announced that a group of investors led by Terry had won the right to purchase the Buffalo Bills NFL franchise for $1.4 billion. He took the profits from Brain Power and put them into a diversified stock portfolio that has made him a billionaire. Forbes also found that of the 400 wealthiest people in America, 275 created their fortune while the rest inherited it. The Naples resident appearedon the list for the first time last year. Though Schwarzman lives in New York City, he has a vacation home in Palm Beach, according to The Wall Street Journal. He then performed the same magic with Aurora Foods by buying it, merging it with Pinnacle Foods, and reselling the new company for $2.2 billion. He dropped from No. He took 78th place on Forbes list of billionaires. Ronald Wanek Net worth: $5.6 billion (#497 wealthiest in the world) Residence: Saint Petersburg, Florida Source of wealth: furniture, #12. GEORGE AND AMAL CLOONEY CORONAVIRUS RELIEF DONATION SURPASSES $1M: REPORT, Abigail Johnson has been the CEO of Fidelity Investments since 2014. He became the focus of gossip columns when he married Christina El Moussa in 2017. #2 & #3. Worldwide, Amazon founder and former CEOJeff Bezosretained his top spot this year for the fourth year in a row, with a net worth of$177 billion. TOM BRADY WANTS TRADEMARKS FOR TOMPA BAY TAMPA BRADY. Jeff Greene Net worth: $5.1 billion (#552 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: real estate, investments, #15. Kapnick served as CEO of Highbridge from 2013 to 2016, when he and the principals bought HPS from JPMorgan in a carveout. By the age of 24, Johnson was top dog at the company. Last year Stone ranked in last place on the Florida list of billionaires at 1,695, with a value of $1 billion. Nonetheless, he has held onto enough of his fortune to remain on this list. In 1981, Schmieding, a Naples resident and Michigan native, foundedArthrex, an orthopedic surgical tools company, in Munich, Germany. Twenty-two people on the list, including Donald Trump, who had made the list before and fell off it, are back again. The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925.. 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 year's number by 30%.. It never hurts to learn as much about the success of others as possible! Igor Olenicoff amassed the majority of his fortune in real estate as the owner of Olen Properties. 9:00AM. From small roots, the company has since developed into the largest beer distributor in the US, distributing around 151 million cases of beer each year. (Stacker) The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Jones started Tudor Investment Corporation in 1980. Prominent Miami attorney, entrepreneur and philanthropist John Ruiz paid $25 million for a waterfront mansion in Gables Estates, The Real Deal has learned. His latest venture is an insurance recovery firm that combines software. They have since expanded into other distribution markets, including buying up Martin-Brower, the distribution company in charge of McDonald's distribution in the United States. In Florida, 33 people were among the 400 richest in America in 2019. Aviation parts company owner Randy. Here's a closer look at the region's billionaires: Shahid Khan, 66, once again ranks as the richest man in Southwest Florida. Other popular metros for Florida billionaires include Tampa, Naples and Lake Worth Beach. Here's a closer look at the region's billionaires: Shahid Khan, 66, once again ranks as the richest man in Southwest Florida. Newcomers to The Forbes 400 include cryptocurrency entrepreneur Sam Bankman-Fried, who at 29 is the youngest person on the list. This year'slist of billionaires also includes these well-known locals in the order of their rankings: Reinhold Schmieding, 66, came in at No. Collectively, the personal fortunes of the 400 richest billionaires increased 40 percent over the past year to $4.5 trillion, up from $3.2 trillion the year prior. In 1972, Ted Arison founded the cruise ship operator, Carnival Corp. He bought one in 2002 and the other in 2015. Though Schwarzman lives in New York City . Dirk Ziff - $4.7 billion. Charles Johnson Net Worth: $4.9 billion, 7. He then went on to found Brain Power, Inc. in 1970. Carl Icahn, 84, who founded Icahn Enterprises, lost some wealth from last year. Dirk Ziff Net worth: $5.0 billion (#572 wealthiest in the world) Residence: North Palm Beach, Florida Source of wealth: investments, #16. Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more. Outside of his business activities, Reyes is known for his philanthropy. William Wrigley, Jr. is the great-grandson of the first William Wrigley, Jr., who launched the Wrigley Company in 1891. The elder Mr. Ziff had just sold the company to Forstmann-Little for $1.4 billion. 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. Like his brother Jude, Christopher Reyes has a net worth of $5.5 billion that stems from Reyes Holdings. (He was at No. 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. SARASOTA, FL America's richest keep getting richer. 308 on this year's billionaires list. 2023 www.news-press.com. Though as of 2016 Florida officially has 40 billionaire residents, a full 10% of the Forbes 400 list, Thomas Peterffy is the richest of them all, according to Forbes . Quotes displayed in real-time or delayed by at least 15 minutes. 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. 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. Are supernatural forces protecting Tampa Bay from hurricanes? Though Malcolm Glazer passed away in May of 2014, he passed his fortune on to his family. Since stepping down from the CEO position in 2013, Arison continues to oversee the company in his position as chairman. At the end of the seven-year lease, Ruiz can buy the. Pegula made his fortune in natural gas and then proceeded to purchase the Buffalo Sabres NHL team and the Buffalo Bandits lacrosse team. The Forbes list features the 400 wealthiest people living in America who have made their fortunes through tech companies, retailers, investing, real estate and more.