Dirk Ziff $4.9 Billion and Phillip Frost $4.9 Billion. Though Malcolm Glazer passed away in May of 2014, he passed his fortune on to his family. In 1981, Reinhold Schmieding launched the orthopedic surgical tools company, Arthrex, in Munich. Forbes lists 73 billionaires in Florida. Photo by Ladislav Faigl via Wikimedia Commons. 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). Meet the 10 richest billionaires in Palm Beach in 2020 Today, hes the richest Hungarian and the richest person in Florida with a net worth of $25 billion. How do you get to be the richest person in Florida? This year'slist includes six people from Southwest Florida, five from Naples and one from Bonita Springs, all of them self-made billionaires. Copyright 2023 Nexstar Media Inc. All rights reserved. Get more stories delivered right to your email. Other popular metros for Florida billionaires include Tampa, Naples and Lake Worth Beach. He served as Best Buy's CEO from 1983 to 2002 and stepped down as chairman in 2012. Alice Walton remains the richest woman in America for the seventh year. Since stepping down from the CEO position in 2013, Arison continues to oversee the company in his position as chairman. Combined, all of the billionaires, self-made or not, are worth $13.1 trillion, up from $8 trillion last year. Hes also the principal owner of MBL San Francisco Giants. The U.S.s wealthiest billionaires are mostly concentrated within justa couple of industries: finance and investments, and technology. The best result we found for your search is John Ruiz age 30s in Palm Bay, FL. With a net worth of $1.8 billion, Catherine Lozick, 72, of Naples, ranks at No. 391, down from 308. John Ruiz in FL - Address & Phone Number | Whitepages You will receive your first email soon. He would miss the top five today. His North Naples-based company has developed more than 10,000 products and procedures used by surgeons to repair and replace shoulders, knees and other joints. David Tepper Net worth: $16.7 billion (#112 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: hedge funds, #1. This material may not be published, broadcast, rewritten, or redistributed. GET FOX BUSINESS ON THE GO BY CLICKING HERE. In at number one is Thomas Peterffy. Mr. Ziff and his two brothers inherited their father's fortune after his retirement in the mid-90s. Terrence Pegula Net worth: $5.8 billion (#481 wealthiest in the world) Residence: Boca Raton, Florida Source of wealth: natural gas, #11. The 2018 list has 2,208 billionaires, up from 2,043 in 2017. 565. (Brendan Smialowski/Getty Images) Gilbert, who owns the NBAs Cleveland Cavaliers, was tied for 230th place on Forbes list and took tenth place on Palm Beachs list. 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 orthopedic medical device company, Arthrex, which is based in Naples, makes thousands of products for shoulder, knee, and other joint operations. Those brands included Chef Boyardee, PAM Cooking Spray, and Bumble Bee Seafoods, most notably. but theyve got the money in the bank in case they wanted to. 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." Attorney John Ruiz buys mansion in Coral Gables - South Florida In 2013, Johnson stepped down from CEO to be replaced by his son, Greg. We interviewed our tech expert, Jaime Vazquez, to learn more about accessible smart home devices. According to Realtor.com, Kraft bought land in Palm Beach in 2009, where his winter mansion has since been built. Since 1995, hes also controlled the NBA Miami Heat, leading the team to victory at three championships. - Real Estate Editor, South Florida Business Journal Sep 10, 2021 Billionaire attorney John H. Ruiz, the CEO of MSP Recovery, paid $25 million for a waterfront mansion in Coral Gables,. Soon enough, he was handed the position of CEO. Leonard Lauder, 87, the former CEO of the Estee Lauder Company, is estimated to be worth $14.6 billion -- the same as last year. He is also the owner of Marvel Entertainment's toys division, Marvel Toys, and the personal care corporation, Remington Products. Though hes dropped in the rankings, his net worth has climbed from $4.1 billion to $4.4 billion. REGISTER: Free business newsletter from The News-Press. Maybe well never be as rich as these guys, but we can dream, right? American-Hungarian businessman Thomas Peterffy, 75, was the 73rd richest billionaire on Forbes list this year, estimated to be worth $14.3 billion. 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. Quotes displayed in real-time or delayed by at least 15 minutes. is here! Sami Mnaymneh Net worth: $4.6 billion (#650 wealthiest in the world) Residence: Miami Beach, Florida Source of wealth: private equity, #19. The Bonita Springs residentfounded Sound of Music in 1966, which eventually morphed into the chain of superstores known asBest Buy. Photo by Melissa Hillier (Flickr) via Wikimedia Commons. He edged out Jeff Bezos, whose wealth stems from Amazon, by $100 billion. Forbes pointed to Whitney Wolfe Herd, founder and CEO of the dating app Bumble, as a notable newcomer worldwide. Charles Johnson Net Worth: $4.9 billion, 7. Jones started Tudor Investment Corporation in 1980. Only one has moved up in the rankings, however, reflecting the fact that many of the world's billionaires have added to their fortunes sincelast year plus the list has grown, with more people reaching the billionaire status. The basis for Khan's success:A one-piece truck bumper. In 1945, Robert Rich Sr. founded Rich Products. 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. Forbes reported that Peterffy also owns more than 500,000 acres of timberland, mostly in Florida. Shahid Khan, 70, has kept his crown as the richest person in all of Southwest Florida. He served as CEO until 2004 and remains chairman. He took the profits from Brain Power and put them into a diversified stock portfolio that has made him a billionaire. Submit a correction suggestion and help us fix it. Orlando Bravo Net worth: $6.3 billion (#421 wealthiest in the world) Residence: Miami Beach, Florida Source of wealth: private equity, #9. 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 company has annual sales of about $2 billion. - Source of wealth: private equity . Photo by Anarchist9027 (Own work) via Wikimedia Commons. 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. Reinhold Schmieding Net Worth: $6.7 billion, 5. Our tree service team in Pompano Beach is ready to help now! 6 Southwest Florida residents among world's billionaires These billionaires range in age from their 20s to their 90s, and are worth a combined $4 trillion. 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. 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. Miami's independent source of Leon Cooperman was hired by Goldman Sachs almost immediately after graduating from his MBA program and began working in asset management for the company. In nearby counties that includes Kenneth Feld and family in Sarasota, ranking at No. He is the former chief executive officer and chairman of U.S. Airways. 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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. During high school, Paul Tudor Jones II worked as a writer for his fathers small business paper, the Memphis Daily News. This material may not be published, broadcast, rewritten, or redistributed. 660, with a net worth that has grown to $3 billion. According to Forbes, the minimum net worth to qualify for the list is $2.1 billion. Victoria is a native Floridian and writer for OIYS. All rights reserved. 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. 2,141 this year, down from 1,513. Tom Golisano Net worth: $5.9 billion (#452 wealthiest in the world) Residence: Naples, Florida Source of wealth: payroll services, #10. He made his first million by 1975. Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more. According to the Palm Beach Daily News, 18 of the 43 billionaires had their wealth decrease from last year. After he set up vitamin retailer Keystone Discount Stores, he decided to merge it with Philadelphia Pharmaceuticals in 1967 and then moved to Florida. local news and culture, Jess Swanson 4 $71.3 billion) and Facebook CEO and founder Mark Zuckerberg (No. October 15, 2021 OnlyInYourState may earn compensation through affiliate links in this article. President Donald Trump, 70, was among them, ranking at No. The Forbes 400: 36 Florida Billionaires Made The Cut 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. In 2005, he took the company private, but in 2011 it went public again. TV Lawyer, Ex-Israeli Commando Forge a $33 Billion SPAC Deal He is the 70th richest person on Forbes list. Heres a closer look at the regions billionaires: Shahid Khan, 66, once again ranks as the richest man in Southwest Florida. 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.