Charles B. Johnson- Net worth: $5.1 billion (#503 wealthiest in the world) - Source of wealth: private equity, self made, #5. Still, more than 1,000 billionaires got wealthier over the past year. / CBS Miami. Charles B. Johnson- Net worth: $5.0 billion (#532 wealthiest in the world) - Residence: Miami Beach 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%. ", Read more: Silicon Valley elites are fleeing the region for states like Texas and Florida, but that shouldn't be surprising it's the culmination of a culture clash that has been brewing in the tech industry for years. The basis for Khan's success:A one-piece truck bumper. "It's remarkable that in a community of this size that we have two men, and their families, that are so willing to give to support charitable causes," Ritchey said of Brown and France making Forbes' billionaire list. Jeff Greene- Net worth: $7.2 billion (#315 wealthiest in the world) He rejoined the company as chairman emeritus in 2013after his attempts to take over the electronics retailer and make it private failed. The tumultuous stock market contributed to sharp declines in the fortunes of many of the worlds richest, saidKerry A. Dolan, assistant managing editor of wealth for Forbes, in a news release. Florida: Thomas Peterffy . How about H. Wayne Huizenga, the founder of Waste Management, AutoNation, Blockbuster Video, and onetime owner of the the Marlins, The Dolphins, and the Florida Panthers. Meanwhile, Frances Bernard Arnault of LVMH remains at No. Forbes said he's worth $2.3 billion. Shakeups in Billionaires List:Elon Musk slips to No. That increase mirrors the steady growth ofthe Daytona Beach-based national insurance brokerage that Brown helps lead along with his son, J. Powell Brown, the company's CEO. 680, dropping from No. Miami Beach is the city with the second most billionaires with the. President Donald Trump, is often seen at his Mar-a-Lago Club on Palm Beach, but has residences in Washington, D.C., and New York. Stacker compiled a list of the richest billionaires that are residents of Florida, using data from Forbes. 616. He's thechairman ofInteractive Brokers, which markets a specialized trading platform to sophisticated investors. 645 on the list with $3.4 billion in wealth, down from $3.8 billion in 2018. Here are the richest residents of each state (net worths are as of June 12): New Billionaires 2023: Jimmy Buffett, LeBron James And 148 Others Join The Ranks This Year, The World's Richest Women Billionaires 2023, Kanye West, Sam Bankman-Fried, Yvon Chouinard: Here's Who Fell Off Forbes' 2023 Billionaires List, The Countries With The Most Billionaires And Their Richest Citizens 2023, How The Godfather Of Solar Ron Corio Became New Mexicos First, And Only, Billionaire, How Marshall University President Brad Smith Became West Virginias Richest Person. Here are the most notable transplants making moves in Palm Beach and Miami, from billionaire Peter Thiel to NFL superstar Tom Brady. 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. He's taken Margaritaville from an annoyingly catchy song into a multi-billion-dollar global lifestyle brand in the form of Margaritaville-themed stores, hotels, bars, frozen shrimp, restaurants, daiquiri makers, pickleball paddles, beer, water parks, aSiriusXM radio station, luxury resorts, tequila, footwear, chips, salsa, casinos, retirement villages, salad dressing and Buffetts Coral Reefer THC. 330, up from No. The magazine's list description of him includes a wealth chartthat dates back to 2014 when he had an estimated net worth of $2.1 billion. 183 to No. The Palm Beach resident is No. - Residence: Bal Harbour - Source of wealth: private equity, Self Made, #8. 1 to No. ", After Tesla stock slide,Elon Musk is no longer richest person in the world, Forbes says, 'Theres got to be a better way':How Elon Musk took SpaceX from an idea to the cusp of making history. He and his wife, Cici, have personally donated $25 million through a charitable nonprofit they formed called the Brown Riverfront Esplanade Foundation Inc. for an extensive makeover ofDaytona Beach's Riverfront Park along the east side of Beach Street in the city's historic downtown business district. Can you say billionaire? - Residence: North Palm Beach The companygrew out of the Ringling Bros. circus, which shut down in May 2017 due to falling ticket sales, according to Forbes. Bezos, who founded the e-commerce giant out of his garage in Seattle, Washington, stepped down as CEO in 2021 and is now executive chairman of the company. 63 worldwide. - Residence: North Palm Beach, Florida He isalso France's next-door neighbor. Read more: Another tech titan heads to Miami. Also joining the elite are Paul Saville of Palm Beach, who leads Virginia-based NVR, one of the largest home builders in the country, worth $1.6 billion; Mike Repole, cofounder of sports drink BodyArmor, worth $1.5 billion; and David Hoffman, who is the biggest developer in Naples with 42 commercial properties, putting his worth at $1.3 billion. Shahid Khan- Net worth: $7.6 billion (#296 wealthiest in the world) Cities with the most expensive homes in Florida. Is South Florida is filled with rich people? To publish, simply grab the HTML code or text to the left and paste into 1,613. The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. - Residence: Bal Harbour, Florida Through his family foundation, Schulze aims to give away $1 billion of his fortune in his lifetime, according to Forbes. Flex-N-Gatenow has nearly 70 plants worldwide, with more than 26,000 employees. Ronald Wanek- Net worth: $5.3 billion (#488 wealthiest in the world) The space tycoon - who lives in Naples - is ranked. In all, the 54 people (due to ties) on this year's list are worth a combined $1.5 trillion-nearly double the record $875 billion in 2019. His wealth is estimated by Forbes at $17.2 billion. Icahn, who also has property in Indian Creek, had already been a seasonal Florida resident prior to the move. He is No. In 2004 he invested in new electric car company Tesla and helped lead it to become the most valuable company in the U.S., according to the Associated Press. Kapnick served as CEO of Highbridge from 2013 to 2016, when he and the principals bought HPS from JPMorgan in a carve-out. The Naples resident founded payroll firm Paychex, a publicly-traded company, "with just $3,000 and a credit card." His net worth rose to $2.4 billion from $1.3 billion. }(document, script, facebook-jssdk)); Whos the richest? David Hoffmann and his family aren't just investing in Southwest Florida. "They're pro-business," he said, "and they're active about it. Stacker believes in making the worlds data more accessible through Shahid Khan- Net worth: $12.1 billion (#141 wealthiest in the world) Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026. Musk made about $160 million from that $1.5 billion deal and he sunk $100 million of his cash into his dream of starting Space Exploration Technologies, or SpaceX. In addition to serving on the CEO Business Alliance, Jim France is also involved in numerous local charitable efforts, said Glenn Ritchey, the former Daytona Beach mayor who serves on the alliance with both Brown and France. He's still at it. 17, making her the second-richest woman in the world after French heiress Franoise Bettencourt Meyers, according to Forbes. 2,141 this year, down from 1,513. Ronald Wanek- Net worth: $5.5 billion (#458 wealthiest in the world) His financial equal is Dirk Ziff, also the youngest billionaire in the state at 47. Icahn and the firm actually relocated in the first six months of 2020, according to the Miami Herald. World's top billionaires in 2023: Latest list. - Source of wealth: payroll services, Self Made, #10. - Source of wealth: auto parts, Self Made, #3. - Source of wealth: real estate, investments, self made, #8. Like Gates, former Microsoft CEO Steve Ballmer ($102 billion) also trailed Bezos ($149 billion) in Washington, while Sergey Brin ($100 billion) was beat out by his Google cofounder Larry Page ($105 billion) in California. All rights reserved. There are two final facts about Florida's 29 billionaires you can use to increase your wealth of knowledge. "It's nice. According to Forbes, the former president's plan to build his own Twitter after getting kicked off it may have cost him $550 million. More than half of them are 70 or older, and they truly form an old boys club; there is only a single billionaire of the feminine gender in the Sunshine state. Shahid Khan, 70, has kept his crown as therichest person in all of Southwest Florida. Here are some of the Florida connections to the world's richest people. Since then he's opened Latitude Margaritaville retirement villages in Hilton Head, South Carolina and in the Panama City Beach area, and started a Margaritaville Paradise cruise. But in 2019, Trump climbed 51 spots even though his fortune remained flat at $3.1 billion, according to Forbes. His name: Kamal Ghaffarian. Elon Musk slips to No. - Source of wealth: Carnival Cruises, #15. He remains the largest individual shareholder of Best Buy, with an 11% stake. The home was once the site of a season of MTV's "The Real World: Miami.". - Source of wealth: furniture, Self Made, #11. He's thoughtful and always thinking of others and the community.". By all accounts, there are two definitive frontrunners. - Residence: Lighthouse Point Micky Arison is chairman of Carnival Cruise Corp., the Miami-based cruise line empire. The United States still has the most billionaires, with 724. FLORIDA The billionaires of the world are worth a staggering $12.7 trillion even though their fortunes took a hit in the economic chaos caused by the invasion of Ukraine and the lingering. "The Department of Justice, Securities and Exchange Commission and Financial Regulatory Agency are all examining the venture," Forbes said, "looking at things such as trading activity and communications between the SPAC and Trumps business.". As a country, the U.S. remained home to the most and had more than last year. This year'slist includes six people from Southwest Florida, five from Naples and one from Bonita Springs, all of them self-made billionaires. 391. J. Christopher Reyes- Net worth: $7.1 billion (#325 wealthiest in the world) He rejoined the company as chairman emeritus in 2013after his attempts to take over the electronics retailer and make it private failed. Under his guidance, Brown & Brown has grownfrom a small local, family-owned insurance agency with a single office in Daytona Beach to the nation's sixth-largest insurance brokerage with offices throughout the country. It's just an indication of the type of person he is. However, Buffett has given away a lot of his fortune to good causes, inviting other billionaires to join him. City: Palm Beach Net worth: $20.1 billion Rank: 80 Source: Discount brokerage. Here are some of the Florida connections to the world's richest people. - Residence: Palm Beach, Florida The Securities and Exchange Commission sued, claiming that his tweets about it had misled investors and stockholders, and he finally settled, paid the fines and stepped down as Tesla chairman. js = d.createElement(s); js.id = id; Its followed by China, with 698. Determining France's estimated net worth has become increasing difficult since International Speedway Corp., the Daytona Beach-based public company that ownedDaytona International Speedway and 12 othermotorsports tracks around the country merged with NASCAR IN 2019. Terrence Pegula- Net worth: $5.8 billion (#440 wealthiest in the world) His net worth has increased to $4.2 billion from $3.2 billion. - Source of wealth: real estate, investments, Self Made, #14. His company, now headquartered in North Naples, has developed thousands of products used in shoulder, hip and other joint surgeries. Alabama, New Hampshire and Vermont also have a billionaire in residence this time around after previously not having one. The ranking includes 2,153 people who have a combined wealth of $8.7. While the U.S. is home to the most billionaires out of any other country, Americans are somewhat split in their feelings on the billionaire class. For the full list, go to forbes.com/billionaires. Sami Mnaymneh - Net worth: $5.1 billion (#514 wealthiest in the world) - Residence: Miami Beach - Source of wealth: private equity, self made #18. He joins the usuals from Southwest Florida, also from Naples. Published: January 31, 2023 10:36 Jay Hilotin, Senior Assistant Editor. But I'm fundamentally not any happier," Hoffmann said of his first-time appearance. After generating more than $1 billion in revenues for the first time ever in 2011, Brown & Brown hit the $2 billion mark in 2018 and in 2020 generated a record $2.6 billion in 2020. - Residence: Boca Raton, Florida Only one billionaire is listed as living in The Keys, where you think anyone with a billion would want to live, but he should be easy to find. There are a few guidelines and "I'm the new kid on the block," Hoffmann said. Tesla CEOElon Musk, with a net worth of $219 billion. Heres what experts say, Marriage and money: 5 truths to tell before you tie the knot. Access your favorite topics in a personalized feed while you're on the go. - Residence: Palm Beach, Florida Thomas Peterffy- Net worth: $24.4 billion (#58 wealthiest in the world) He is listed as being worth $1.8 billion. The couple also spent more than $10 million to create the Cici and Hyatt Brown Museum of Art in Daytona Beach. - Residence: Indian Creek, Florida Forbes reports Flex-N-Gatenow has 64 plants worldwide, with more than24,000 employees. 308 on this year's billionaires list. Thomas Peterffy is at the top, worth $21.2 billion. ", Read more: Inside Miami's exclusive, high-security 'Billionaire Bunker,' where Ivanka Trump and Jared Kushner just dropped $30 million on an empty lot, Business Insider's Becky Peterson reported on January 19 that tech billionaire Peter Thiel dropped $18 million on a Miami mansion. Here's the quote he shared with Forbes: "Our corporate mission, making people better, is founded on healthcare innovation, new job creation, employee well-being, and charitable giving.". David Tepper, the Carolina Panthers owner and founder and president of Appaloosa Management, a hedge fund, has a wealth of $11.6 billion, according to Forbes. 2, thanks to Tesla stock plunging after mishaps following his purchase of Twitter. Forbes lists 73 billionaires in Florida. There's always some good in something bad happening to you, and you look for that.". In October 2021 he announced his own social media platform, Truth Social, which brought in $430 million from investors. But stock prices for his Tesla company plummeted drastically in 2022 with Axios reporting that investors were frustrated with him and his actions after buying Twitter. The Forbes ranking includes a brief profile of Hoffmann, 69. "He was worried that something had happened to me. - Residence: Saint Petersburg According to Forbes, privately-held Arthrex has estimated annual revenues of $2.1 billion and Schmieding the son of German immigrants owns more than 90% of the company. A look at 2019s top-ranking, Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Whos the richest? - Source of wealth: furniture, self made, #16. Khan fell a few notches on the list this year to No. 4 this year, with an estimated net worth of $107 billion and that's after he bought the most expensive home in Florida in 2022. 3, followed by Bill Gates of Microsoft at No. your CMS. - Residence: Naples, Florida - Residence: Miami Beach, Florida 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. Some are not exactly household names, like Bharat Desai of Fisher Island. Bernard Arnaultof LVMH remains at No. But he did get a Guinness World Record out of it, for "largest loss of personal fortune. He's valued at $20.1 billion, downfrom $25 billion last year. Orlando Bravo- Net worth: $6.3 billion (#386 wealthiest in the world) 80 worldwide. 565. In the Know: Hoffmann expansion in Lee; new Sprouts, rising cost of typical Collier home, Forbes' annual list shows the rich getting richer in Naples, Bonita Springs, There's no stopping David Hoffmann: Naples-based family enterprise busier than ever in 2021, Your California Privacy Rights / Privacy Policy, He's the largest commercial real estate owner in Naples, with 42 properties, His early fortune came from an executive search firm, DHR International, which he still owns, He and his wife Jerri moved to Naples in 2015, spending $75 million on their first purchase of commercial real estate, consisting of seven buildings and a parking lot on world-renowned Fifth Avenue South. - Residence: Palm Beach, Florida Could the Bible be the next book banned in schools? - Residence: Miami - Source of wealth: investments, #13. Ron DeSantis' re-election campaign, a war chest he can raid repeatedly to survive 2022 and beyond, the Sarasota Herald-Tribune's Zac Anderson reports. 63 on the billionaires list. The basis for Khan's success:A one-piece truck bumper. - Source of wealth: natural gas, self made, #12. Sami Mnaymneh- Net worth: $4.6 billion (#598 wealthiest in the world) 2,141. Among the notable newcomersare Lord of the Rings directorPeter Jackson (No.1,929); OpenSea foundersDevin FinzerandAlex Atallah(collectively at No. 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. } - Source of wealth: medical devices, self made, #6. - Residence: Palm Beach "We have things under contract now and businesses we're buying. The Naples resident debuts at No. Dirk Ziff- Net worth: $5.7 billion (#434 wealthiest in the world) He is CEO of Interactive Brokers, which . Brown also declined comment on hislatest ranking on Forbes' annual billionaires list. It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate. And no, Musk is not a Florida resident. Just ask Bill Gates, whose $116 billion net worth is still not enough to rank him as the wealthiest resident of Washington. Scott Kapnick, 62, stood at No. FLORIDA The billionaires of the world are worth a staggering $12.7 trillion even though their fortunes took a hit in the economic chaos caused by the invasion of Ukraine and the lingering effects of the pandemic, according to the recently released Forbes World's Billionaires List. France has a self-made score of 4, according to Forbes. - Residence: Islamorada In doing so, youre agreeing to the below guidelines. He served as Best Buy's CEO from 1983 to 2002 and stepped down as chairman in 2012. In 2022 Forbes named Interact Brokers founder and Palm Beach resident Thomas. Americas (and the worlds) richest person Elon Musk (net worth: $230 billion) made the cut, though three of the countrys top ten wealthiest people did not. Meanwhile, Prince, a newcomer to the billionaires list in 2021, is the cofounder and . Her late husband, David Koch of Koch Industries, had for years been identified as Palm Beachs wealthiest billionaire until his death in 2019. His net worth grew to $4.7 billion, up from $3.4 billion. JimFrance is also a member of the alliance. David Tepper- Net worth: $16.7 billion (#100 wealthiest in the world) There has been plenty of turnover in the past four years, with nearly a third of the countrys 50 states featuring a new face at the top.