Forbes: 400 richest Americans all billionaires, 14 hedge fund names among top 374 |
Date: Friday, September 22, 2006
Author: Margot Habiby, Bloomberg.com
Forbes Says 400 Richest Americans All Billionaires (Update1)
By Margot Habiby
Sept. 21 (Bloomberg) -- The 400 richest people in the U.S. are all billionaires for the first time ever this year, according to Forbes Magazine's annual list.
Microsoft Corp. founder Bill Gates topped the list for the 13th-straight year, followed by Warren Buffett, chairman and chief executive officer of Berkshire Hathaway Inc. Buffett said in June that he would donate 85 percent of his total stake in the company -- valued at the time at about $37 billion -- to the Bill & Melinda Gates Foundation and four family foundations.
Gates's fortune was estimated at $53 billion, and Buffett's was put at $46 billion. Rounding out the top five were Sheldon Adelson, the chief executive officer of Las Vegas Sands Corp., with $20.5 billion; Oracle Corp. CEO Larry Ellison, with $19.5 billion, and Microsoft co-founder Paul Allen, with $16 billion.
California is home to 90 of the nation's 400 richest people, or about 23 percent, and 11 percent, or 44, call New York City home, Forbes said.
Forbes Magazine's List of Richest U.S. People Net Worth Rank Name ($bln) Source ================================================================ 1 William Henry Gates III $53.00 Microsoft 2 Warren Edward Buffett $46.00 Berkshire Hathaway 3 Sheldon Adelson $20.50 casinos, hotels 4 Lawrence Joseph Ellison $19.50 Oracle 5 Paul Gardner Allen $16.00 Microsoft, investments 6 Jim C Walton $15.70 Wal-Mart 7 Christy Walton & family $15.60 Wal-Mart inheritance 7 S Robson Walton $15.60 Wal-Mart 9 Michael Dell $15.50 Dell 9 Alice L Walton $15.50 Wal-Mart 11 Helen R Walton $15.30 Wal-Mart 12 Sergey Brin $14.10 Google 13 Larry E Page $14.00 Google 14 Jack Crawford Taylor & family $13.90 Enterprise Rent-A-Car 15 Steven Anthony Ballmer $13.60 Microsoft 16 Abigail Johnson $13.00 Fidelity 17 Barbara Cox Anthony $12.60 Cox Enterprises 17 Anne Cox Chambers $12.60 Cox Enterprises 19 Charles De Ganahl Koch $12.00 oil, commodities 19 David Hamilton Koch $12.00 oil, commodities 21 Forrest Edward Mars Jr $10.50 candy 21 Jacqueline Mars $10.50 candy 21 John Franklyn Mars $10.50 candy 24 Carl Icahn $9.70 leveraged buyouts 25 John Werner Kluge $9.10 Metromedia 26 Kirk Kerkorian $9.00 investments, casinos 27 Donald L Bren $8.50 real estate 27 George B Kaiser $8.50 oil & gas, banking 27 George Soros $8.50 hedge funds 30 Philip H Knight $7.90 Nike 31 Philip F Anschutz $7.80 investments 32 Keith Rupert Murdoch $7.70 News Corp 32 Pierre M Omidyar $7.70 EBay 34 Charles Ergen $7.60 EchoStar 35 Dan L Duncan $7.50 energy 35 Edward Crosby Johnson III $7.50 Fidelity 35 Sumner M Redstone $7.50 Viacom 38 Donald Edward Newhouse $7.30 publishing 38 Samuel Irving Newhouse Jr $7.30 publishing 40 Leonard Blavatnik $7.00 Access Industries 40 Ronald Owen Perelman $7.00 leveraged buyouts 42 Eli Broad $5.80 investments 43 Robert Muse Bass $5.50 oil, investments 44 Michael Rubens Bloomberg $5.30 Bloomberg L.P. 45 John R Menard Jr. $5.20 home improvement stores 45 Robert Rowling $5.20 oil & gas, investments 45 Eric Schmidt $5.20 Google 48 Micky Arison $5.00 Carnival Cruises 49 Steven Paul Jobs $4.90 Apple Computer, Pixar 50 David Geffen $4.60 movies, music 50 Charles R Schwab $4.60 discount stock brokerage 52 James Goodnight $4.50 SAS Institute 52 Charles Bartlett Johnson $4.50 Franklin Resources 52 Herbert V Kohler & family $4.50 plumbing fixtures 52 H Ty Warner $4.50 Beanie Babies 52 Samuel Zell $4.50 real estate, private equity 57 Henry Ross Perot $4.30 computer services, real estate 57 James L Sorenson $4.30 medical devices, real estate 59 Robert Earl Holding $4.20 energy, resorts, ranching 59 David Howard Murdock $4.20 investments 61 Lester Crown & family $4.10 investments 61 Bradley Wayne Hughes $4.10 Public Storage 61 Harold Clark Simmons $4.10 investments 64 William Morse Davidson $4.00 glass 64 James H Simons $4.00 hedge funds 66 Ralph Lauren $3.90 fashion 67 Edward S Lampert $3.80 investments 68 Rupert Harris Johnson Jr $3.70 Franklin Resources 68 Leonard Norman Stern $3.70 real estate 70 Jeffrey P Bezos $3.60 Amazon 70 George Lucas $3.60 Star Wars 70 Richard M Schulze $3.60 Best Buy 73 Richard M DeVos $3.50 Alticor 73 Ray Lee Hunt $3.50 oil, real estate 73 Paul Milstein & family $3.50 Emigrant, real estate 73 Stephen A Schwarzman $3.50 investments 77 Gordon Earle Moore $3.40 Intel 77 Patrick Soon-Shiong $3.40 generic drugs 77 Joan H Tisch $3.40 Loews 80 Edgar M Bronfman Sr. $3.20 liquor 80 William Alfred Cook $3.20 medical devices 80 John Richard Simplot & family $3.20 potatoes, microchips 83 Steven Udvar-Hazy $3.10 International Lease Finance 83 Leslie Herbert Wexner $3.10 Limited Brands 85 Roland Arnall $3.00 mortgage banking 85 Lee Marshall Bass $3.00 oil, investments 85 Sid Richardson Bass $3.00 oil, investments 85 Matthew Bucksbaum & family $3.00 real estate 85 Steven A Cohen $3.00 hedge funds 85 Henry Lea Hillman $3.00 industrialist 85 Bruce Kovner $3.00 hedge funds 85 Patrick Joseph McGovern $3.00 IDG 85 A Jerrold Perenchio $3.00 Univision 94 Martha R Ingram & family $2.90 Ingram Industries 94 Leonard Alan Lauder $2.90 Estee Lauder 94 Steven Allen Spielberg $2.90 movies 94 Donald John Trump $2.90 real estate 98 Maurice Raymond Greenberg $2.80 American International Group 98 Barbara Piasecka Johnson $2.80 inheritance 98 Richard Kinder $2.80 pipelines 98 Haim Saban $2.80 television 98 Dennis Washington $2.80 construction, mining, transportation 103 Riley P Bechtel $2.70 engineering, construction 103 Stephen Davison Bechtel Jr $2.70 engineering, construction 103 Ronald Steven Lauder $2.70 Estee Lauder 103 T Boone Pickens $2.70 oil & gas, investments 107 Kenneth Hendricks $2.60 building supplies 107 Amos Barr Hostetter Jr $2.60 cable television 107 Henry R Kravis $2.60 leveraged buyouts 107 Ann Walton Kroenke $2.60 Wal-Mart 107 Carl Pohlad $2.60 banking 107 Mitchell P Rales $2.60 Danaher Corp 107 George R Roberts $2.60 leveraged buyouts 107 David Rockefeller Sr $2.60 Standard Oil, banking 107 Melvin Simon $2.60 real estate 107 Stephen A Wynn $2.60 casinos, hotels 117 Edward Perry Bass $2.50 oil, investments 117 Ronald Burkle $2.50 supermarkets, investments 117 David Filo $2.50 Yahoo 117 David Gottesman $2.50 investments 117 Leona Mindy Rosenthal Helmsley $2.50 real estate 117 Paul Tudor Jones II $2.50 hedge funds 117 Peter R Kellogg $2.50 investments 117 George Phydias Mitchell $2.50 Mitchell Energy 117 Richard Edward Rainwater $2.50 real estate, energy, insurance 117 Steven M Rales $2.50 Danaher Corp 117 Stephen M Ross $2.50 real estate 117 T Denny Sanford $2.50 Banking, credit cards 117 Clemmie Dixon Spangler Jr $2.50 investments 117 Mortimer Benjamin Zuckerman $2.50 real estate, media 131 James Martin Moran $2.40 auto distributorships 131 John Albert Sobrato $2.40 real estate 133 Mark Cuban $2.30 Broadcast.com 133 Charles Francis Dolan & family $2.30 Cablevision Systems 133 Gordon Peter Getty $2.30 inheritance, oil 133 Carl Henry Lindner Jr & family $2.30 investments 133 Thomas J Pritzker $2.30 hotels, investments 133 J Joseph Ricketts & family $2.30 TD Ameritrade 133 Glen Taylor $2.30 printing 140 John E Abele $2.20 Boston Scientific 140 Charles C Butt & family $2.20 supermarkets 140 Jess Stonestreet Jackson $2.20 Jackson Family Wines 140 Min H Kao $2.20 navigation equipment 140 Nancy Walton Laurie $2.20 Wal-Mart 140 Mary Alice Dorrance Malone $2.20 inheritance 140 Alfred Mann $2.20 inventor, entrepreneur 140 Roger S Penske $2.20 cars 140 Ernest S Rady $2.20 banking, insurance 140 John Sall $2.20 SAS Institute 140 Evgeny (Eugene) Markovich Shvi $2.20 Millhouse Capital 140 Frederick Wallace Smith $2.20 FedEx 140 Jerry Yang $2.20 Yahoo 153 Bennett Dorrance $2.10 inheritance 153 William Randolph Hearst III $2.10 Hearst Corp 153 H Wayne Huizenga $2.10 investments 153 E Stanley Kroenke $2.10 sports, real estate 153 Craig O McCaw $2.10 McCaw Cellular 153 Michael Robert Milken $2.10 investments 153 Penny Pritzker $2.10 hotels, investments 160 Herbert Anthony Allen Jr $2.00 investment banking 160 Leonore Annenberg $2.00 publishing 160 Leon Black $2.00 leveraged buyouts 160 Charles H Brandes $2.00 money management 160 John P Calamos & family $2.00 mutual funds 160 Phoebe Hearst Cooke $2.00 Hearst Corp 160 Jim Davis & family $2.00 New Balance 160 Stanley Druckenmiller $2.00 hedge funds 160 Barbara Carlson Gage & family $2.00 Carlson Cos. 160 Malcolm Glazer & family $2.00 sports teams, real estate 160 Tom T Gores $2.00 leveraged buyouts 160 Austin Hearst $2.00 Hearst Corp 160 David Whitmire Hearst Jr $2.00 Hearst Corp 160 George Randolph Hearst Jr $2.00 Hearst Corp 160 Margaret Hardy Magerko $2.00 84 Lumber 160 Clayton Lee Mathile $2.00 Iams 160 Marilyn Carlson Nelson family $2.00 Carlson Cos 160 Henry Thompson Nicholas III $2.00 Broadcom 160 Anthony Pritzker $2.00 hotels, investments 160 Daniel Pritzker $2.00 hotels, investments 160 James Pritzker $2.00 hotels, investments 160 Jay Robert (JB) Pritzker $2.00 hotels, investments 160 Jean (Gigi) Pritzker $2.00 hotels, investments 160 John A Pritzker $2.00 hotels, investments 160 Karen Pritzker $2.00 hotels, investments 160 Linda Pritzker $2.00 hotels, investments 160 Henry Samueli $2.00 Broadcom 160 Tamir Sapir $2.00 real estate 160 Ronda E Stryker $2.00 Stryker Corp. 189 S Daniel Abraham $1.90 Slim-Fast 189 John Edward Anderson $1.90 investments 189 Franklin Otis Booth Jr $1.90 Berkshire Hathaway 189 Omid Kordestani $1.90 Google 189 Bernard Marcus $1.90 Home Depot 189 Peter M Nicholas $1.90 Boston Scientific 189 Wilma Stein Tisch & family $1.90 Loews 189 Robert E ``Ted'' Turner $1.90 cable television 197 J Russell DeLeon $1.80 online gaming 197 Thomas F Frist Jr & family $1.80 HCA Healthcare 197 Richard Edwin Marriott $1.80 hotels 197 Ruth Parasol $1.80 online gaming 197 Jorge M Perez $1.80 condos 197 Edward P Roski Jr $1.80 real estate 197 Bernard Francis Saul II $1.80 banking, real estate 204 Ray Milton Dolby $1.70 Dolby Laboratories 204 Blase Thomas Golisano $1.70 Paychex 204 Kenneth C Griffin $1.70 hedge funds 204 Irwin Mark Jacobs $1.70 Qualcomm 204 John C Malone $1.70 cable television 204 John Willard Marriott Jr $1.70 hotels 204 Sheldon Henry Solow $1.70 real estate 204 Ernest E Stempel $1.70 insurance 204 Jon Lloyd Stryker $1.70 Stryker Corp. 204 Theodore W Waitt $1.70 Gateway 204 Arthur L Williams Jr $1.70 insurance 215 George Leon Argyros $1.60 real estate, investments 215 Neil Gary Bluhm $1.60 real estate 215 Archie Aldis ``Red'' Emmerson $1.60 timberland, lumber mills 215 Gerald J Ford $1.60 banking 215 Victor Fung $1.60 distribution 215 Louis L Gonda $1.60 International Lease Finance 215 Donald Joyce Hall $1.60 Hallmark 215 H Fisk Johnson $1.60 SC Johnson & Sons 215 Imogene Powers Johnson $1.60 SC Johnson & Sons 215 S Curtis Johnson $1.60 SC Johnson & Sons 215 Helen Johnson-Leipold $1.60 SC Johnson & Sons 215 Winnie Johnson-Marquart $1.60 SC Johnson & Sons 215 Pauline MacMillan Keinath $1.60 inheritance 215 Michael Krasny $1.60 CDW Corp 215 Cargill MacMillan Jr $1.60 inheritance 215 John Hugh MacMillan III $1.60 inheritance 215 W Duncan MacMillan $1.60 inheritance 215 Whitney MacMillan $1.60 inheritance 215 Aubrey K McClendon $1.60 Oil 215 Charles T Munger $1.60 Berkshire Hathaway 215 Igor Olenicoff $1.60 real estate 215 Marion MacMillan Pictet $1.60 inheritance 215 Nicholas J Pritzker II $1.60 hotels, investments 215 Phyllis Miller Taylor $1.60 Taylor Energy 215 Albert Lee Ueltschi $1.60 FlightSafety International 215 Tom L Ward $1.60 Chesapeake Energy 215 William Wrigley Jr $1.60 chewing gum 242 Amar Gopal Bose $1.50 Bose 242 Peter Buck $1.50 Subway 242 Gary L Burrell $1.50 navigation equipment 242 Alan I Casden $1.50 real estate 242 Fred DeLuca $1.50 Subway 242 Edward John Debartolo Jr $1.50 shopping centers 242 James C France $1.50 auto racing 242 William C France Jr $1.50 auto racing 242 David Green $1.50 Hobby Lobby 242 Marguerite Harbert $1.50 inheritance 242 Jon Meade Huntsman $1.50 chemicals 242 Michael Ilitch $1.50 pizza 242 Brad M Kelley $1.50 tobacco 242 James Kim & family $1.50 microchips 242 James Leprino $1.50 cheese 242 Nancy Lerner $1.50 inheritance 242 Norma Lerner $1.50 inheritance 242 Randolph D Lerner $1.50 inheritance 242 Theodore N Lerner $1.50 real estate 242 George L Lindemann & family $1.50 investments 242 Manny Mashouf & family $1.50 Bebe 242 Robert C McNair $1.50 energy, sports 242 John P Morgridge $1.50 Cisco 242 Stewart Rahr $1.50 Kinray 242 Trevor Rees-Jones $1.50 Oil 242 Marc David Rich $1.50 commodities 242 Robert E Rich Jr $1.50 nondairy creamer 242 Fayez Shalaby Sarofim $1.50 money management 242 Kavitark Ram Shriram $1.50 Google 242 Thomas M Siebel $1.50 Siebel Systems 242 David Tepper $1.50 hedge funds 242 Sanford Weill $1.50 Citigroup 242 Oprah Winfrey $1.50 television 242 Daniel Morton Ziff $1.50 inheritance, hedge funds 242 Dirk Edward Ziff $1.50 inheritance, hedge funds 242 Robert David Ziff $1.50 inheritance, hedge funds 278 Frank Batten Sr $1.40 Landmark 278 Phillip Frost $1.40 Ivax 278 Alan Gerry $1.40 cable television 278 Christopher Goldsbury $1.40 salsa 278 Stanley Stub Hubbard $1.40 DirecTV 278 Joseph Dahr Jamail Jr $1.40 lawsuits 278 James Jannard $1.40 Oakley 278 Tracy W Krohn $1.40 W&T Offshore 278 Thomas Haskell Lee $1.40 leveraged buyouts 278 Peter Benjamin Lewis $1.40 Progressive Corp 278 Gary Karlin Michelson $1.40 medical patents 278 Michael F Price $1.40 investments 278 Steven Roth $1.40 real estate 278 Phillip Ruffin $1.40 casinos, real estate 278 Ollen Bruton Smith $1.40 Speedway Motorsports 278 Pat A Stryker $1.40 Stryker Corp 278 A Alfred Taubman $1.40 real estate 278 Todd R Wagner $1.40 Broadcast.com 278 Dean V White $1.40 billboards, hotels 297 Arthur M Blank $1.30 Home Depot 297 Scott D Cook $1.30 Intuit 297 Robert Addison Day $1.30 money management 297 Barry Diller $1.30 InterActiveCorp 297 Richard J Egan $1.30 EMC Corp 297 Richard T Farmer $1.30 Cintas Corp 297 John J Fisher $1.30 Gap 297 Kenneth L Fisher $1.30 Money management 297 Thomas John Flatley $1.30 real estate 297 Ernest Gallo & family $1.30 wine 297 Leslie L Gonda $1.30 International Lease Finance 297 Jerral W Jones $1.30 Dallas Cowboys 297 William S Kellogg $1.30 Kohl's 297 William Ingraham Koch $1.30 oil 297 Robert Kraft $1.30 paper, packaging 297 Anne Windfohr Marion $1.30 inheritance, oil 297 Billy Joe ``Red'' McCombs $1.30 radio, oil, real estate 297 Nelson Peltz $1.30 leveraged buyouts 297 Donald J Schneider $1.30 trucking 297 Walter Scott Jr $1.30 construction, telecom 297 Herbert Siegel $1.30 television 297 John G Sperling $1.30 Apollo Group 297 Peter Sperling $1.30 Apollo Group 297 Hope Hill Van Beuren $1.30 inheritance 297 Charlotte Colket Weber $1.30 inheritance 322 Leslie Alexander $1.20 First Marblehead 322 Edmund Newton Ansin $1.20 Sunbeam Broadcasting 322 Thomas Bailey $1.20 mutual funds 322 Carl Edwin Berg $1.20 real estate 322 Timothy Blixseth $1.20 timberland, real estate 322 William Samuel Boyd $1.20 casinos, banking 322 S Truett Cathy $1.20 Chick-fil-A 322 William E Connor II $1.20 supply-chain services 322 Roy Edward Disney $1.20 Walt Disney 322 David A Duffield $1.20 PeopleSoft 322 Israel Englander $1.20 Hedge Funds 322 Robert J Fisher $1.20 Gap 322 William Sydney Fisher $1.20 Gap 322 J Christopher Flowers $1.20 investments 322 Thomas Friedkin $1.20 Gulf States Toyota 322 Robert William Galvin $1.20 Motorola 322 Alec Gores $1.20 leveraged buyouts 322 Pincus Green $1.20 commodities 322 William H Gross $1.20 bonds 322 Michael Jaharis $1.20 pharmaceuticals 322 Jerome Spiegel Kohlberg Jr $1.20 leveraged buyouts 322 Joseph D Mansueto $1.20 Morningstar 322 William W McGuire $1.20 insurance 322 Robert Drayton McLane Jr $1.20 Wal-Mart, logistics 322 Robert Allen Naify $1.20 movie theaters 322 William J Pulte $1.20 home building 322 Wilbur L Ross Jr $1.20 leveraged buyouts 322 Richard Mellon Scaife $1.20 investments 322 Herbert Simon $1.20 real estate 322 Kenny A Troutt $1.20 Excel Communications 322 Alfred P West Jr $1.20 SEI Investments 322 Margaret C Whitman $1.20 Ebay 354 Stephen J Bisciotti $1.10 outsourcing, football 354 James Cayne $1.10 Bear Stearns 354 James H Clark $1.10 Netscape 354 John Orin Edson $1.10 leisure craft 354 Daniel Gilbert $1.10 Quicken Loans 354 Dorrance Hill Hamilton $1.10 inheritance 354 Timothy Headington $1.10 oil, investments 354 Marvin J Herb $1.10 soft-drink bottling, real estate 354 Jonathan Lovelace Jr & family $1.10 mutual funds 354 Gary Magness $1.10 cable, investments 354 John P Manning $1.10 real estate 354 Arturo Moreno $1.10 billboards 354 Howard S Schultz $1.10 Starbucks 354 Alexander Gus Spanos & family $1.10 real estate 354 Joyce Raley Teel $1.10 supermarkets 354 Gary L West $1.10 West Corp. 354 Mary E West $1.10 West Corp. 354 Elizabeth S Wiskemann $1.10 mutual funds 354 Samuel Wyly $1.10 investments 354 Jerry Zucker $1.10 industrialist 374 Mary Anselmo $1.00 PanAmSat 374 Louis Moore Bacon $1.00 hedge funds 374 Thomas J Barrack $1.00 Colony Capital 374 John W Brown $1.00 Stryker Corp. 374 Weili Dai $1.00 Semiconductors 374 L John Doerr $1.00 venture capital 374 Paul Barry Fireman $1.00 Reebok 374 Robert M Friedland $1.00 mining 374 Richard S Fuld Jr $1.00 Lehman Brothers 374 Michael E Heisley Sr $1.00 manufacturing 374 Jeffrey Hildebrand $1.00 Oil 374 William Barron Hilton $1.00 hotels, casinos 374 Jeremy Maurice Jacobs Sr $1.00 sports concessions 374 Robert L Johnson $1.00 Black Entertainment Television 374 George Joseph $1.00 insurance 374 Stephen R Karp $1.00 real estate 374 John Hammond Krehbiel Jr famil $1.00 Molex 374 Kenneth G Langone $1.00 investments 374 Leonard Litwin $1.00 real estate 374 William Alvin Moncrief Jr $1.00 Oil 374 William Morean $1.00 Jabil Circuit 374 Dwight D Opperman $1.00 publishing 374 Ira L Rennert $1.00 investments 374 Julian H Robertson Jr $1.00 money management, wine 374 David E Shaw $1.00 hedge funds 374 Charles Simonyi $1.00 Microsoft 374 Sehat Sutardja $1.00 Semiconductors
To contact the reporter on this story: Margot Habiby in Dallas at mhabiby@bloomberg.net .
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