Join the New Times community and help support 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. Dirk Ziff - $4.7 billion. Miami, and South Florida in general, is a tropical playland for the rich. Big-city properties, which make up the bulk of the real estate moguls holdings, have languished during the pandemic. Its still Bill Gates, who has held the No. Henry started trading corn and soybean futures to learn the basics of hedging the price risk of holding an inventory of these commodities. He became the first billionaire president in U.S. history. OnlyInYourState may earn compensation through affiliate links in this article. Shahid Khan was born in Pakistan and came to the US to attend the University of Illinois at Urbana-Champaigns School of Mechanical and Industrial Engineering. Reinhold Schmieding Net worth: $8.0 billion (#305 wealthiest in the world) Residence: Naples, Florida Source of wealth: medical devices, #4. By the way, subscribers: Naples has a new record home sale at $52M, And: Buyer of $36 million beachfront mansion in Naples remains a mystery. Rakesh Gangwal is the co-founder and 37% owner of IndiGo Airlines. 2023 Celebrity Net Worth / All Rights Reserved. In 1981, Reinhold Schmieding launched the orthopedic surgical tools company, Arthrex, in Munich. 1,161. These billionaires range in age from their 20s to their 90s, and are worth a combined $4 trillion. Market data provided byFactset. Shahid Khan, 70, has kept his crown as therichest person in all of Southwest Florida. Together, the top 10 richest billionaires who have ties to Palm Beach are worth about $140 billion, according to Forbes estimates. After he set up vitamin retailer Keystone Discount Stores, he decided to merge it with Philadelphia Pharmaceuticals in 1967 and then moved to Florida. This is the wealthiest person in Florida, according to Forbes 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. Twenty-two people on the list, including Donald Trump, who had made the list before and fell off it, are back again. Forbes also found that of the 400 wealthiest people in America, 275 created their fortune while the rest inherited it. The houses together cost $43.25 million. This material may not be published, broadcast, rewritten, or redistributed. J. Christopher Reyes Net Worth: $5.5 billion, 6. John Henry owns The Boston Globe, the Boston Red Sox, the Liverpool F.C., and co-owns Roush Fenway Racing. The wealthiest Americans on the annual Forbes 400 list grew their combined net worth by just over 2 percent from the previous year, making . 5 $56 billion). 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. Here Are The 10 Richest People In Florida And What They Do American-Hungarian businessman Thomas Peterffy, 75, was the 73rd richest billionaire on Forbes list this year, estimated to be worth $14.3 billion. With the vast amounts of wealth in the pockets of those on the exclusive list, Forbes notes that a number of high-profile billionaires such as Kylie Jenner and Michael Jordan, didnt even make the list. Since stepping down from the CEO position in 2013, Arison continues to oversee the company in his position as chairman. At No. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. His 300-foot super yacht, six years in the making was delivered in late 2014, according to Forbes. 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. Charles B. Johnson Net worth: $5.2 billion (#538 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: money management, #13. Soon after, he bought a seat on the American Stock Exchange and began doing his own trading. - Net worth: $4.6 billion (#650 wealthiest in the world) - Residence: Miami Beach, Florida. His original intention was to sell soap and baking soda, and he gave away chewing gum as a way to induce people to buy his soap. She tied for 124th place on Forbes list. 603, with a net worth of $3.2 billion. Copyright 2023 Nexstar Media Inc. All rights reserved. The wealthiest Americans on the annual Forbes 400 list grew their combined net worth by just over 2 percent from the previous year, making them worth $2.96 trillion in 2019. 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. 544, with a value of $3.5 billion. These self-made billionaires might not be living the jet-setting lifestyle (whos got the time when theres a multi-billion dollar company to run?) 1,580, with a net worth of $2 billion the same as last year. David Tepper Net worth: $16.7 billion (#112 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: hedge funds, #1. Unfortunately, Mr. Olenicoff was charged with tax felony in 2007 and paid $52 million in fines, along with probation and community service. David Tepper Net Worth: $14.5 billion, 1. 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. Floridas wealthiest people are the second kind of rich. 688, with a value of $2.5 billion. 158 on the Forbes list, his net worth is valued at $8.2 . Naples resident Tom Golisano sits at No. This year there are 51 billionaires in Florida on the list, up from 44 last year. He dropped from No. By - November 18, 2021. The Red Sox went on to win World Series titles in 2004, 2007, 2013, and 2018. He has been the chairman of the board of NYU, his alma mater, since 2014. Get the Best Veterinarian Near Me in South Florida, Heading To FL: More People Moved In Than Out For 2022, FL Blogging Bill Says Political Writers Should Register With State, 10 FL Dream Homes: Private Beach On Siesta Key, 15K SF Clearwater Home, A Cantor Sherman Will Sing Prayers In Warsaw Again: Why Timing Matters. 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Copyright 2023 Nexstar Media Inc. All rights reserved. 722 with a worth of $2.4 billion. Reinhold Schmieding Net Worth: $6.7 billion, 5. He took 78th place on Forbes list of billionaires. Heres a closer look at the regions billionaires: Shahid Khan, 66, once again ranks as the richest man in Southwest Florida. 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 . 0. John Ruiz, Florida (455 matches): Phone Number, Email, Address - Spokeo Here's a closer look at the region's billionaires: Shahid Khan, 66, once again ranks as the richest man in Southwest Florida. Isaac Perlmutter Net worth: $5.2 billion (#541 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: Marvel comics, #14. Learn how your comment data is processed. 205 in 2016, when he had a value of $5.9 billion. Its followed by China, with 698. He worked his way up the ladder, eventually serving as CEO until 2006. 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. Soon enough, he was handed the position of CEO. Also known as John Ruiz-Pa, Ruiz John Hasan. 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. Those brands included Chef Boyardee, PAM Cooking Spray, and Bumble Bee Seafoods, most notably. J. Christopher Reyes and his brother, Jude, purchased a beer manufacturer based in South Carolina in the mid-70s, for $74,000. This was the publications 41st edition of the Forbes 400. The Richest People In Miami | Celebrity Net Worth He's thechairman ofInteractive Brokers, which markets a specialized trading platform to sophisticated investors. Mr. Ziff and his two brothers inherited their father's fortune after his retirement in the mid-90s. 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. They rank 13th and 15th, respectively (there is no 14th, Koch and her brother-in-law Charles Koch tied for 13th). 10. Paul Tudor Jones II Net worth: $7.3 billion (#342 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: hedge funds, #5. If your child will play baseball or softball this spring, youll need to stock up on appropriate clothing and equipment. #20. Digital trading pioneerThomas Peterffy of Palm Beach sits at the top of the state's list, coming in at No. Newcomers to The Forbes 400 include cryptocurrency entrepreneur Sam Bankman-Fried, who at 29 is the youngest person on the list. Terrence Pegula Net worth: $5.8 billion (#481 wealthiest in the world) Residence: Boca Raton, Florida Source of wealth: natural gas, #11. 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. CAKEGATE 2023: Bad Bunny's Restaurant Accused of Gobbling Birthday Girl's Cake, Neighborhood Nazi Jon Minadeo Peddles Hate by the Minute, Gator Gets in on the Action at Tampa Bay Horse Race, Sen. Rubio's Permanent Daylight Savings Bill Sees Light of Day Once More, NFL Legend Ray Lewis Joins World Jai-Alai League Board of Directors, Affordable New "Micro-Units" Slated for Little River, Edgewater. 52 Billionaires In Florida Make Elite Forbes List Combined, all of the billionaires, self-made or not, are worth $13.1 trillion, up from $8 trillion last year. By the age of 24, Johnson was top dog at the company. 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. William Berkley founded W.R. Berkley Corporation in 1967. He made his first million by 1975. On Forbes list, Schwarzman is in 64th place. The 2018 list has 2,208 billionaires, up from 2,043 in 2017. The Naples resident founded payroll firm Paychex, a publicly-traded company, "with just $3,000 and a credit card." Notably missing from the 10 wealthiest is Metas Mark Zuckerberg, who dropped out of the top rankings for the first time in 2014. Olen Properties currently holds extensive real estate in Florida, Arizona, and Las Vegas. Carl Icahn Net worth: $16.1 billion (#119 wealthiest in the world) Residence: Indian Creek, Florida Source of wealth: investments, #2. Meet the 10 richest billionaires in Palm Beach in 2020 Nonetheless, he has held onto enough of his fortune to remain on this list. 2021 Forbes' list: Rich are getting richer in SW FL - Naples Daily News 1. It has the largest economy in Florida, by far. The founder of Microsoft Corp. has reigned as the richest person in the world for 18 out of the past 23 years. 183 to No. 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. Last year he weighed in at No. The basis for Khan's success:A one-piece truck bumper. 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%. You would recognize Ziff-Davis from putting out popular publications such as PC Magazine and Car and Driver. William Wrigley, Jr. is the great-grandson of the first William Wrigley, Jr., who launched the Wrigley Company in 1891. Though hes dropped in the rankings, his net worth has climbed from $4.1 billion to $4.4 billion. In 1972, Ted Arison founded the cruise ship operator, Carnival Corp. MORE BUSINESS STORIES: news-press.com/business. Though Schwarzman lives in New York City . Her diversity is boundless, and she has written about everything from astrobotany to zookeepers. Last year Stone ranked in last place on the Florida list of billionaires at 1,695, with a value of $1 billion. 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. Hes one of Best Buys biggest individual shareholders, and he aims to give away $1 billion of his fortune in his lifetime, according to Forbes. Love Florida? Get the latest updates in news, food, music and culture, and receive special offers direct to your inbox. In 1981, Schmieding, a Naples resident and Michigan native, foundedArthrex, an orthopedic surgical tools company, in Munich, Germany. Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more. (He was at No. In September 2014, it was announced that Terry's group of investors beat out groups led by Jon Bon Jovi and Donald Trump for the right to purchase the Buffalo Bills for $1.4 billion. (NEXSTAR) Each year, Forbes releases a list of the richest people in the U.S. He edged out Jeff Bezos, whose wealth stems from Amazon, by $100 billion. 1,613. #2 & #3. 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. Over the subsequent decades, he developed Franklin Resources into one of the leading mutual funds in the country. business account switch offers derry medical center windham, nh hours john ruiz richest man in florida. 616. Igor Olenicoff - $3.6 Billion. A new tidbit from Forbes:Shahid is a major financial backer of Black News Channel, a 24-hour cable news channel, which launched in February 2020. This site uses Akismet to reduce spam. 1,299, climbing up from No. Southwest Florida is home to six of the richest people on the planet. 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. Over the course of the next 25 years, he rose to become a general partner, and then Chairman and CEO of Asset Management. Can you say billionaire? According to Forbes, Kapnick,founder and CEO of HPSInvestmentPartners, one of the world's biggest alternative credit managerswith $60 billion in assets, spent more than 20 years at Goldman Sachs, rising to become co-head ofinvestment and banking and co-CEO of Goldman Sachs International. Igor Olenicoff amassed the majority of his fortune in real estate as the owner of Olen Properties. Richard Schulze, 80, landed at No. He continues to be a billionaire. The wealthiest woman on Forbes' list is Julia Koch, who, along with her three children, inherited a 42% stake in Koch Industries after her husband . SWFL home to 6 of the worlds richest people. John "La Ley" Ruiz Loses His Boat And Owes Money To Contractors In addition to chairing the Ann and Robert H. Lurie Childrens Hospital of Chicago, he also serves on the board of trustees for Ronald McDonald House Charities. $37 billion. Since that time, assets have swelled. Jess Swanson October 15, 2021 9:00AM. He is the 70th richest person on Forbes list. Sami Mnaymneh Net worth: $4.6 billion (#650 wealthiest in the world) Residence: Miami Beach, Florida Source of wealth: private equity, #19. The 10 Richest People in Florida - Money Inc Forbes lists 73 billionaires in Florida. South Florida's main industries are finance, commerce, culture, arts, and international trade. Thank you! His net worth has increased to $4.2 billion from $3.2 billion. Ruiz began his legal career in personal injury and class actions, quickly rising to take on major pharmaceutical companies. 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. Stone, 65,started SS&C Technologies, a financial software firm, in 1986,"with the $20,000 he had saved from his days as a KPMG executive," according to Forbes. Last year, he was worth $17.1 billion. 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. 2with a value of $151 billion. 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. He left the firm in the early 90s to launch his own private company, Omega Advisors. Robert Rich, Jr Net Worth: $4.6 Billion, 9. Forbes 400: Meet South Florida's billionaire residents of 2020 - South Seven years after graduating, he founded a company called Bumper Works that eventually became the major supplier of bumpers to the major US car manufacturers and the sole supplier for Toyota. The best result we found for your search is John Ruiz age 30s in Palm Bay, FL. 308 on this year's billionaires list. In 1993, he founded the multinational brokerage firm, Interactive Brokers, serving as its CEO until 2019. 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. He now owns a portion of the Famous Famiglia pizza restaurants and a chain of sports clubs. According to Forbes, he was estimated to be worth $13.8 billion this year but was worth $17.4 billion last year. However, his net worth still rose . Carl Icahn, 84, who founded Icahn Enterprises, lost some wealth from last year. Following her is Alice Walton, the only daughter of Walmart founder Sam Walton. Henry Laufer is the former chief scientist and vice president of research at hedge fund Renaissance Technologies. Fidelity Investments CEO Abigail Johnson, 58, was estimated to be worth $10.8 billion this year -- though she was worth $15.8 billion last year. Citadel CEO Kenneth Griffin, 51, saw his wealth increase from $11.7 billion last year to $12.1 billion this year. 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? The latest list includes a record 1,975 self-made billionaires. According to the Palm Beach Daily News, 18 of the 43 billionaires had their wealth decrease from last year. Photo by Melissa Hillier (Flickr) via Wikimedia Commons. Let us know what you think below. The source of his wealth is Reyes Holdings, a $30 billion food and beverage distribution company established by him and his brother Christopher. He rejoined the company as chairman emeritus in 2013after his attempts to take over the electronics retailer and make it private failed. In total, there are now 70 billionaires inFlorida, worth a combined $245 billion. The wealthiest woman on Forbes list is Julia Koch, who, along with her three children, inherited a 42% stake in Koch Industries after her husband David passed away in August 2019. As well as having a reputation as a skilled macro trader, Jones is also known for his philanthropy, and in particular, the Robin Hood Foundation, which he established in 1988 with the aim of supporting impoverished communities in New York. 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. You can find her writing blog posts and articles while sitting under a tree at the local park watching her kids play, or typing away on her tablet in line at the DMV. Today, hes the richest Hungarian and the richest person in Florida with a net worth of $25 billion. Norman Braman is best known as a former owner of the NFL's Philadelphia Eagles. Thomas Peterffy, CEO of Interactive Brokers, is the richest person in Florida. Jeff Greene Net worth: $5.1 billion (#552 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: real estate, investments, #15. Attorney John Ruiz buys mansion in Coral Gables - South Florida Florida's super-rich | Richest Floridians - Florida Trend Here's a closer look at the region's billionaires: Shahid Khan, 66, once again ranks as the richest man in Southwest Florida. 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. 9:00AM. 1998 - 2023 Nexstar Media Inc. | All Rights Reserved. This year'slist includes six people from Southwest Florida, five from Naples and one from Bonita Springs, all of them self-made billionaires. Hes currently believed to be worth $4.6 billion. John Ruiz in FL - Address & Phone Number | Whitepages Photo by Anarchist9027 (Own work) via Wikimedia Commons. Tom Golisano, 79, weighed in at No. How do you get to be the richest person in Florida? The family also retained ownership of the Tampa Bay Buccaneers. He once owned the NHLs Buffalo Sabres, which he sold for $189 million. Some of the locals on the list are easily recognized, while others have taken a lower profile. He did. In September 2014, it was announced that Terrys group of investors beat out groups led by Jon Bon Jovi and Donald Trump for the right to purchase the Buffalo Bills for $1.4 billion. 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. In 1978, he left the company to found Bumper Work, which specialized in making bumpers for customized vehicles. They also purchased Reinhardt Foodservice, another successful food distribution company. His fortune is estimated at $86 billion, up from $75 billion last year. He took the profits from Brain Power and put them into a diversified stock portfolio that has made him a billionaire. Thirty-six people from Florida made the cut. In order to determine who the most affluent Americans are, as well as how they reached their billionaire status,Stackercompiled a list of the richest billionaires that are residents of Florida, using data fromForbes. The Indiana native started SS&C Technologies in 1986 with the $20,000 he had saved from his days as a KPMG executive, according to Forbes.