He made No. Free business newsletter from The News-Press, Your California Privacy Rights / Privacy Policy. He served as CEO until 2004 and remains chairman. Hes currently believed to be worth $4.6 billion. He co-founded the Medallion Fund with Jim Simons in 1988. Also known as John Ruiz-Pa, Ruiz John Hasan. 1. Igor Olenicoff amassed the majority of his fortune in real estate as the owner of Olen Properties. In addition to serving as the CEO of Omega, he is also on the Board of Directors for Automatic Data Processing. 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 took the profits from Brain Power and put them into a diversified stock portfolio that has made him a billionaire. Key West Man Charged With Dumping Mattresses + SWAT Shoots Man Dead, FL Keys Man Dumped 30 Mattresses On Stock Island Street: Sheriff, Miami Gardens Class-Action Lawsuit + South Florida Pastor Arrested, Fountain of Youth '23 ft. Brian Newman at Carousel Club at Gulfstream Park. Like his brother Jude, Christopher Reyes has a net worth of $5.5 billion that stems from Reyes Holdings. 0. Dirk Ziff and his brothers split the inheritance of their father, who co-founded the Ziff-Davis publishing empire, and through clever investing, grew their fortunes substantially. 2 spot after missing the mark for two years. Terrence Pegula Net worth: $5.8 billion (#481 wealthiest in the world) Residence: Boca Raton, Florida Source of wealth: natural gas, #11. The family also retained ownership of the Tampa Bay Buccaneers. The 2017 Forbes list of billionaires includes five Naples residents and another up the road in Bonita Springs. 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. The greater Miami area is home to nearly seven million people. However, Clark would move on once again, this time with the sale of the company to America Online in 1999 and the start of another venture called Healtheon, which today operates under the name WebMD. 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. Resides in Miami, FL. local news and culture, Jess Swanson In Florida, 33 people were among the 400 richest in America in 2019. 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. 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. 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. The company published such periodicals as Car and Driver, Popular Aviation, and PC Magazine. Breast Ultrasound Screening Coming Direct to You! He left the firm in the early 90s to launch his own private company, Omega Advisors. (He was at No. When Florida Trend did this list four years ago, Florida's richest person was the late Subway founder Fred DeLuca, with $5.4 billion. 82, has a net worth of $13.8 billion. In 2000, he also bought up Pennzoil Assets. The source of his wealth is Reyes Holdings, a $30 billion food and beverage distribution company established by him and his brother Christopher. In 1981, Reinhold Schmieding launched the orthopedic surgical tools company, Arthrex, in Munich. Olen Properties currently holds extensive real estate in Florida, Arizona, and Las Vegas. 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. Maybe well never be as rich as these guys, but we can dream, right? He dropped from No. 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. This year 2,043 billionaires made the list, with an average net worth of $3.75 billion. The rich are getting richer and, apparently, moving to Miami. On Forbes list, Robert Kraft, 78, the owner of the New England Patriots, took the 211th spot. Since 1995, hes also controlled the NBA Miami Heat, leading the team to victory at three championships. Do Not Sell or Share My Personal Information. Make a one-time donation today for as little as $1. Scott Kapnick, 62, stood at No. In 1980, he broke away to found Tudor Investment Corporation. Orlando Bravo Net worth: $6.3 billion (#421 wealthiest in the world) Residence: Miami Beach, Florida Source of wealth: private equity, #9. Over the next 34 years, he grew the fleet to over 100, its annual revenue to over $5 billion, and his own personal net worth to $6.7 billion. Henry Laufer is the former chief scientist and vice president of research at hedge fund Renaissance Technologies. However, 14 billionaires still saw their wealth increase and 11 saw their wealth stay the same, the newspaper reported. Stephen Ross, 79, who owns the Miami Dolphins, was found to be the 185th richest billionaire in the world, according to Forbes. Ziff Brothers also own a 10% stock in Och-Ziff Capital Management, another hedge fund. 391, down from 308. The gift is from John H. Ruiz and his family; Mayra Ruiz . Notably missing from the 10 wealthiest is Metas Mark Zuckerberg, who dropped out of the top rankings for the first time in 2014. Photo by Anarchist9027 (Own work) via Wikimedia Commons. 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. 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. John N Ruiz, 69. is here! Soon after the website published its list, the Palm Beach Daily News went through all the billionaires to find who had strong ties to Palm Beach. After selling the company to the Mars Corporation in 2008 for $23 billion, he stayed on as Chairman until 2011. 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. In 1978, he left the company to found Bumper Work, which specialized in making bumpers for customized vehicles. Jones was featured in the 1987 film "TRADER: The Documentary.". In 1981, he launched his own firm, John W. Henry and Company. Its followed by China, with 698. Heres a closer look at the regions billionaires: Shahid Khan, 66, once again ranks as the richest man in Southwest Florida. Henry . 2023 www.news-press.com. Last week, Forbes released its annual list of billionaires, which included 2,095 around the world. 10. Hes worth $22.5 billion, ranks 32nd and is among seven cryptocurrency entrepreneurs on the list. 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. William Wrigley, Jr. II began working for the family company in 1985. Griffin first bought property in Palm Beach in 2012, The Real Deal reported last year. According to the Palm Beach Daily News, 18 of the 43 billionaires had their wealth decrease from last year. Natalie Portman is an award-winning Israeli-American actress, producer, writer, and director. Rounding out the top five and the size of their fortunes at the end of trading Monday are Tesla founder Elon Musk ($190.5 billion), Facebook founder Mark Zuckerberg ($134.5 billion), Microsoft founder Bill Gates ($134 billion) and Google executive Larry Page ($123 billion). 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. 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. $37 billion. 565. Twenty-two people on the list, including Donald Trump, who had made the list before and fell off it, are back again. The average wealth of those on the list increased by $200 million to $7.4 billion, Forbes writes. Market data provided byFactset. 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. Photo by Melissa Hillier (Flickr) via Wikimedia Commons. An updated list of the richest people in the world was released a few months ago, and Florida has several billionaires-in-residence who made the list. 205 in 2016, when he had a value of $5.9 billion. 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. He is a big name in the east coast rap scene as a member of the rap supergroup, Read More How Method Man Achieved a Net Worth of $14 MillionContinue. He once owned the NHLs Buffalo Sabres, which he sold for $189 million. Micky is also the owner of the NBA's Miami Heat. 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. Richard Schulze, 76, has jumped up to No. These billionaires range in age from their 20s to their 90s, and are worth a combined $4 trillion. 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. #8. 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. Carl Icahn Net worth: $16.1 billion (#119 wealthiest in the world) Residence: Indian Creek, Florida Source of wealth: investments, #2. John Henry owns The Boston Globe, the Boston Red Sox, the Liverpool F.C., and co-owns Roush Fenway Racing. Terrence Pegula founded East Resources, a natural gas drilling company, in 1983. Get more stories delivered right to your email. Can birds tell when a hurricane is coming? It never hurts to learn as much about the success of others as possible! The city is the second-most populous city on the East Coast and the seventh-largest in the country. 36 on The Forbes 400, its annual list of the 400 richest U.S. billionaires. 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. 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. Robert Rich, Jr. inherited a frozen food empire from his father, and as its chairman, continued to grow the company. The company published such periodicals as Car and Driver, Popular Aviation, and PC . Love Florida? 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. (Brendan Smialowski/Getty Images) 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. The 2018 list has 2,208 billionaires, up from 2,043 in 2017. Paul Tudor Jones is the founder of the private asset management company and hedge fund Tudor Investment Corporation. 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. Are supernatural forces protecting Tampa Bay from hurricanes? Well, Micky Arison (pictured farthest to the right) is the chairman of Carnival Corporation, the largest cruise operator in the world. 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. Soon enough, he was handed the position of CEO. He took the company public in 1973. SWFL home to 6 of the worlds richest people. Jess Swanson October 15, 2021 9:00AM. It has the largest economy in Florida, by far. The Blackstone Group CEO Stephen Schwarzman, 73, is worth $15.4 billion this year, up from $13.2 billion. 1,161. His net worth has increased to $4.2 billion from $3.2 billion. Others in the top five are Amazon CEO and founder Jeff Bezos (No. Despite having only one ship to its name, Arisons son, Micky, saw the potential and dropped out of college to become its first sales rep. Anstead has a colorful history, Read More How Ant Anstead Achieved a Net Worth of $5 MillionContinue. Fast-forward to 2012, and their company, Reyes Holdings, is now the largest beer distributor in the US. Stone remains the firm's largest individual shareholder, with a 13% stake. FAQ - New Privacy Policy. Last year Schulze, Best Buys chairman emeritus who lives in Bonita Springs, weighed in at No. Top 3 Results for John Ruiz in FL. According to Forbes, the minimum net worth to qualify for the list is $2.1 billion. He would miss the top five today. 1,613. Among other things, Netscape developed the Secure Sockets Layer Protocol (SSL) for securing online communication, as well as JavaScript, the most widely used language for client-side scripting of web pages. Naples resident Tom Golisano sits at No. Many ways to give and you don't have to be rich to do it. (NEXSTAR) Each year, Forbes releases a list of the richest people in the U.S. He became the focus of gossip columns when he married Christina El Moussa in 2017. Shahid Khan, 70, has kept his crown as the richest person in all of Southwest Florida. Isaac Perlmutter Net worth: $5.2 billion (#541 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: Marvel comics, #14. Though Schwarzman lives in New York City, he has a vacation home in Palm Beach, according to The Wall Street Journal. Newcomers to The Forbes 400 include cryptocurrency entrepreneur Sam Bankman-Fried, who at 29 is the youngest person on the list. 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. Through his company, First Allied Corporation, he invested in several ventures including Harley Davidson, Tonka, and Omega Protein.
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