Henry started trading corn and soybean futures to learn the basics of hedging the price risk of holding an inventory of these commodities. This was the publications 41st edition of the Forbes 400. He then used a portion of his funds to purchase the Buffalo Sabres NHL team and the Buffalo Bandits lacrosse team for $189 million. Peterffy Tops the List. Bezos has topped the list for four consecutive years. The company has since expanded McDonald's distribution to Canada, Latin America, and Ireland. MIAMI (CBSMiami) - Westminster Christian School in Palmetto Bay is getting a $10 million donation, the largest gift in school history. William Wrigley, Jr. is the great-grandson of the first William Wrigley, Jr., who launched the Wrigley Company in 1891. Stephen Ross, 79, who owns the Miami Dolphins, was found to be the 185th richest billionaire in the world, according to Forbes. In the years since, Anthrax has grown exponentially. Powered and implemented byFactSet Digital Solutions. Natalie Portman is an award-winning Israeli-American actress, producer, writer, and director. REGISTER: Free business newsletter from The News-Press. In 2013, making the cut . The 2018 list has 2,208 billionaires, up from 2,043 in 2017. The Wrigley Company went on to become one of the most successful candy companies in the world. Thomas Peterffy, at No. Notably missing from the 10 wealthiest is Metas Mark Zuckerberg, who dropped out of the top rankings for the first time in 2014. (Fidelity). 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. Shahid Khan Net worth: $8.0 billion (#302 wealthiest in the world) Residence: Naples, Florida Source of wealth: auto parts, #3. Schmieding, who owns over 90 percent of the company, is believed to be worth around $6.7 billion. 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. Big-city properties, which make up the bulk of the real estate moguls holdings, have languished during the pandemic. He then went on to found Brain Power, Inc. in 1970. Koch, 57, is the widow of David Koch, and is worth $38.2 billion this year -- which is down from $50.5 billion last year. 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. 183 to No. She tied for 124th place on Forbes list. Charles Johnson - Net Worth: $4.9 billion Johnson is the former CEO of Franklin Resources, a mutual fund company founded by his father Rupert in the mid-1940s. His net worth rose to $2.4 billion from $1.3 billion. He now owns a portion of the Famous Famiglia pizza restaurants and a chain of sports clubs. He now serves on the board of directors of Renaissance Technologies. Micky Arison Net worth: $6.6 billion (#393 wealthiest in the world) Residence: Bal Harbour, Florida Source of wealth: Carnival Cruises, #8. Miami, and South Florida in general, is a tropical playland for the rich. 660, with a net worth that has grown to $3 billion. Make a one-time donation today for as little as $1. This year 2,043 billionaires made the list, with an average net worth of $3.75 billion. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans view the ultra-richas a group rather than as individualsnegatively. 722 with a worth of $2.4 billion. Photo by World Economic Forum/Flickr Commons, Photo by Florida International University/Flickr Commons, Photo by Internet Education Foundation/Flickr Commons, Photo by Robin Marchant/Getty Images for NYU Langone Medical Center, Become a member to support the independent voice of South Florida He landed at No. This year there are 51 billionaires in Florida on the list, up from 44 last year. 1. 603, with a net worth of $3.2 billion. Shahid Khan began his career as an engineering director for Flex-N-Gate Corporation. Oprah Winfrey and Gap co-founder Doris Fisher fell off the list, but new to the list are Melinda French Gates, following her divorce from Bill Gates; and Miriam Adelson, heir to her late husband Sheldon Adelsons stake in the Las Vegas Sands casino empire. 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. 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. Alice Walton remains the richest woman in America for the seventh year. Peterffys story is a true rags to riches one: when he arrived in the US from Hungary in the mid-60s, he had nothing to his name and not a word of English. Jones was featured in the 1987 film "TRADER: The Documentary.". He left the firm in the early 90s to launch his own private company, Omega Advisors. You would recognize Ziff-Davis from putting out popular publications such as PC Magazine and Car and Driver. This year'slist of billionaires also includes these well-known locals in the order of their rankings: Reinhold Schmieding, 66, came in at No. How do you get to be the richest person in Florida? He did. Hes also the principal owner of MBL San Francisco Giants. During high school, Paul Tudor Jones II worked as a writer for his fathers small business paper, the Memphis Daily News. He took the company public in 1973. Though she dropped from 1067 last year, her worth has grown by $1 million. Breast Ultrasound Screening Coming Direct to You! 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. 369 in 2016.) In 2020, it generated $8.89 billion in annual sales. 2 spot after missing the mark for two years. At No. While the U.S. is home to the most billionaires out of any other country . Golisano, 75, founded Paychex with just $3,000 and a credit card, and hes still chairman of the publicly traded company, which earned nearly $3 billion in revenue last year, according to Forbes. Copyright 2023 Nexstar Media Inc. All rights reserved. #20. Like his brother Jude, Christopher Reyes has a net worth of $5.5 billion that stems from Reyes Holdings. J. Christopher Reyes Net worth: $7.1 billion (#366 wealthiest in the world) Residence: Hobe Sound, Florida Source of wealth: food distribution, #6. Photo by Anarchist9027 (Own work) via Wikimedia Commons. J. Christopher Reyes and his brother, Jude, purchased a beer manufacturer based in South Carolina in the mid-70s, for $74,000. His net worth was $189.8 billion, according to Forbes real-time wealth tracker. Though Schwarzman lives in New York City, he has a vacation home in Palm Beach, according to The Wall Street Journal. Though Schwarzman lives in New York City . This material may not be published, broadcast, rewritten, or redistributed. He dropped from No. Kenneth Feld owns Feld Entertainment, the parent company of Disney on Ice, Monster Jam and other popular shows. Since 1995, hes also controlled the NBA Miami Heat, leading the team to victory at three championships. Henry Laufer is the former chief scientist and vice president of research at hedge fund Renaissance Technologies. Hes CEO of Interactive Brokers Group. #2 & #3. His father, Ted Arison, was one of the co-founders of the cruise line. They rank 13th and 15th, respectively (there is no 14th, Koch and her brother-in-law Charles Koch tied for 13th). 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? (Brendan Smialowski/Getty Images) Tesla and Amazon shares have both surged over the past year, contributing to the rising fortunes of Bezos and Musk. Gilbert, who owns the NBAs Cleveland Cavaliers, was tied for 230th place on Forbes list and took tenth place on Palm Beachs list. Over the subsequent decades, he developed Franklin Resources into one of the leading mutual funds in the country. It's no surprise then, that 22 billionaires call the Miami area home. The average net worth this . It is the financial and business capital of Latin America. Kapnick served as CEO of Highbridge from 2013 to 2016, when he and the principals bought HPS from JPMorgan in a carveout. A new list from Forbes has determined the richest person in each state as well as the source of their money. In 1981, Schmieding, a Naples resident and Michigan native, foundedArthrex, an orthopedic surgical tools company, in Munich, Germany. Thomas Peterffy began his professional career as a computer programmer, designing trading software. 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