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 .