Thats a half a billion dollars on the hoof. South Florida, I am convinced, will continue to be a wonderful place to live, raise a family, work and invest in. The Marcellus is a massive shale rock formation in the Appalachian region of the United States, where East Resources had acquired 650,000 acres by June 2009. He took over as head of the World Surf League, a venture into which Ziff has put a reported $30 million. Hes since relisted them separately for a total of $73 million. He was a partner and co-chair of the trade secrets and IP practice group at Meland, Russin & Budwik in Miami. The vast majority of Steve Ballmer's net worth is derived from his 333. When he sold the company for $1.25 billion in 2004, Boca Resorts owned the Boca Raton Resort & Club and two Fort Lauderdale properties, the Hyatt Regency Pier 66 Hotel and Marina, and the Radisson Bahia Mar Resort and Yachting Center. Date Of Birth. The state also offers sumptuous housing, lifestyle and, depending on the activity witness Jennifer Gates world-class facilities and events. 2. . PublicPrivate Court, Arrest, Lawsuits, Bankruptcy Records & Sex Offender Status He is shoveling it out fast: $100 million to the University of Miami last year to fund engineering and science program upgrades, $35 million for a new Miami science museum. In a couple of hours, in the main arena, Georgina Bloomberg, daughter of billionaire and former New York Mayor Michael Bloomberg, will compete against Jessica Springsteen, Bruces daughter, and others. The story: Sean John Diddy Combs, 44, started his career as a hip-hop music recording artist and producer and went on to establish an apparel line under the Sean John brand, a cable television channel called Revolt TV and a marketing agency, Blue Flame. His investments in BankUnited and Corus Bank were successful because the timing was good, LeFrak said. They got rid of publishing but expanded the fortune 10-fold through their Ziff Brothers Investments. Now, factoring in Terri, who does own Australia Zoo and has been in far more television shows and films (notably, The Crocodile Hunter, Croc Files, and Crocodile Hunter Diaries ), it was estimated by TheWealthRecord.com that Terri is worth $80 million in 2021. It was a new division of Rich Products with a new manufacturing plant in Fort Erie, Ontario, a short drive from the parent company's headquarters in Buffalo. Become a member to support the independent voice of South Florida The story: Igor Olenicoff, 72, has amassed a real estate empire stretching from coast to coast in the United States. Heres one way to gauge the wealth. In 1984, the company began expanding abroad by opening a location in Bahrain. A $1 rise in RJFs stock is a $14.7 million gain for James.) Its not just that theyre coming to live in a nice home and retire.. The Spring-steens have a place, as do the Bloombergs and throngs of less well known but well-off others. People want to live here.. He has been chairman of Teva since 2010, when longtime chairman Eli Hurvitz resigned due to health problems. Director George Lucas takes the number one spot with a net worth of $5. Steve has made his net worth from his primary career as a songwriter, musician, guitarist as well as being a Film Score Composer. As. Subway founder Fred DeLuca, our No. We have two other players with similar names. He continues to hold sizable equity stakes in publicly traded companies, among them Psychemedics, which tests for drug abuse through analysis of hair samples, and Swisher Hygiene, a provider of institutional and industrial cleaning chemicals and restroom cleaning and restocking services. I believe in diversification in every possible way.. lang to Kid Rock. This year, one bidder dropped $480,000 at auction for a 2017 McLaren 570 GT, and two bidders put down a combined $600,000 for a weeks vacation on Malcolm Forbes former yacht. The company is a . As was true in Flaglers time, there is no place for the rich and famous like Palm Beach and not just because its the kind of place former President Bill Clinton and current President Donald Trump visit on the same weekend. According to The New York Times, Jobs considered himself a "technology leader . The latest edition of the Forbes 400 is out, and 21 of the most filthy rich scions in America call humble little South Florida their primary home. The Harvard MBA holder is founder and chairman of Access Industries, a privately held industrial group that owns businesses in natural resources and chemicals, media and telecommunications, and real estate. The story: Albert H. Nahmad leads not just a company but an industry. The doctor and health care entrepreneur is also among the few on our list whos self-made and who made his money in Florida. local news and culture, Kyle Munzenrieder The extended Ziff family has their fathers 33-bedroom, 16-acre estate in Manalapan south of Palm Beach on the market for $195 million. In addition to mentoring from his father, Rich earned a masters degree in business administration in 1969 at the University of Rochester Simon School of Business. LeFrak also invested in the remains of the former Corus Bank of Chicago, which counted many South Florida developers among its loan clients before the crash. Our tag line is Ignore the Crowd, and our location here helps us maintain our distance and independence from the chatter of Wall Street.. One issue: Pay inequity between genders. Forbes also reported that Blavatnik late last year made a $2.37 billion investment in Lyondell Industries that appreciated to more than $10 billion. After starting in the sales department, promotions to reservations manager in 1974 and vice president of traffic in 1976 helped prepare Arison to become the president of Carnival in 1979. As of April 2023, Steve enjoys a net worth of approximately $10 million. He was the chairman and chief executive officer of Ivax from 1987 until January 2006, when Israel-based Teva Pharmaceuticals bought Ivax for $7.4 billion. Dirk Ziffs net worth is up $600 million since 2013. His fortune has increased $400 million since 2013. Jobs helped usher in the era of personal computers and then led a cultural transformation in the way music, movies and mobile communications are obtained. Enough is enough. As a result, some senior women then leave to become entrepreneurs. The Ziff family owns the 33-bedroom, 16-acre estate south of Palm Beach. The story: Gustavo Cisneros, 69, was only 23 years old in the late 1960s when he took over the leadership of a diversified Venezuelan family business in that his father, Diego Cisneros, had founded. Reach for the unreachable, he said in an email exchange, but avoid debt whenever possible, and be the dumbest person in the room, as this will accelerate your development., Fernandez also said by email that South Florida has provided him a useful sense of likely U.S. business trends: By looking at Florida's changing demographics, I believe that you are seeing our nations future. In Mel Brooks 1976 film, Silent Movie, the slogan of the giant corporation, Engulf & Devour, was our fingers are in everything. The worlds billionaires have their fingers throughout Florida, a testament to the states attractiveness but also to the reality that when you have billions to deploy, it has to go somewhere. How he made his money: Inherited a real estate fortune, diversified into broadcast television. That makes him the 75th richest man in America. Former Monsanto executive Arnold Donald became the first non-Arison to lead the company and made Carnival the largest company in Florida headed by an African-American. 1 belongs to Griffin, whose Blossom Way holdings have a combined value of $136 million, with an annual property tax bill of $2.33 million. In Florida, he has supported Ave Maria University, whats now called the Golisano Childrens Museum of Naples and the Golisano Childrens Hospital of Southwest Florida. Y., family business, founded on non-dairy whipped topping and Coffee Rich, into an operation that employs 12,000. Tampa Bay Buccaneers owner Malcolm Glazer, No. Date of Birth: Jan 17, 1957 (66 years old) Place of Birth: Welch. In 2014, Florida ranked fourth nationally, with 4,710, in the number of people with at least $30 million, according to a study by UBS. The son of talk radios Michael Savage, Weiner is the youngest billionaire on our list. The companys stock has been trading in the high $30s lately, well above its sub-$30 stumble right after the deadly shipwreck off Italy. In Naples, he has a $9-million penthouse at the waterfront Regent. Their $1.4 billion purchase from the estate of the late owner Ralph Wilson, who died in March, was approved by NFL team owners at their Oct. 8 meeting. Even so, hes up $700 million since 2013. Join the New Times community and help support He bought the Buffalo Bills for $1.4 billion, besting suitor Donald Trump. The investment side of his business is heavily involved in such shareholder activism as publicly agitating for changes in management and board governance and sometimes engaging in proxy fights to gain control of target companies. Russia-born, Harvard- educated Blavatnik resides in London and New York, but in Miami he has invested with Argentine developer Alan Faena on Faenas Miami Beach arts district, a block including the ultra-luxe Faena Hotel, a condo tower with a $60-million double penthouse bought by Chicago hedge fund head Ken Griffin and since relisted for $73 million and other spaces public and private. Icahn Enterprises also has property operations that give its namesake a stake in Floridas rebound from the real estate recession in the second half of the 2000s. Prez built high-rise condominiums in South Beach and Sunny Isles Beach. 18 Richard Schulze, 76 $3 billion Bonita Springs. Photo gallery: 25 wealthiest South Floridians, Indian Creek Village is for the uber-rich, Senior-level hires and promotions for the week of Oct. 10, 2021, DeSantis-appointed board slaps Disney with counter suit days after Disney sued governor, Shipwreck found off Florida beach is much larger than originally suspected, team says. How he made his money: Netted billions of dollars by selling his share of a chemical maker and an oil production venture. Berkowitz earned a bachelor of arts degree in economics from the University of Massachusetts in 1980. His father brought the Miami Heat franchise to Florida in 1988, but its been Arison and his hire, Pat Riley, who made it a three-time champion. Steven Haworth "Steve" Miller Quick Info. Thats why we headquartered our companies here and that, in turn, is why we were successful.. Henry sold his stake in the Marlins after he and a group of investors acquired the Boston Red Sox in February 2002. The story: Carl Icahn, 78, is a Wall Street titan with an activist approach to investing and impressive staying power. In Palm Beach County, were in the process of building three new dealerships, he said. He paid a $52-million fine and was sentenced to probation after pleading guilty in 2007 to filing of a false tax return in connection with squirreling money away offshore. Har det uppkommit ngra frgor efter intervjun r nu ocks rtt tid att stlla dem. Some Tepper, for example even move their operations here. Bloomberg News reported in June that Lampert distributed $393 million of AutoNation shares to cover investment redemptions by ESL clients. As the hundreds of riders in Wellington demonstrate, Florida as wealth magnet draws far more than the 0.0001% (of the states population) who made our top 25 list. Ensuing riders knock Gates down in the standings. Source: Franklin Resources Inc. (NYSE:BENO). Franklin was managing $846 billion of assets just before Johnson retired. How he made his money: Worked with his father to build the worlds largest cruise company. . The group encompasses a mix of business interests ranging from telecommunications, television production and broadcast television to consumer goods, resort properties and a 6,000-acre real estate investment in the Dominican Republic. Henrys company also owns 80 percent ownership of regional television network NESN (New England Sports Network) and 50 percent of NASCAR racing team Roush Fenway Racing. Source: Fairholme Capital Management, LLC. She completes her course with nary a fault. Gustavo Cisneros began his career at Venevision. When his father, Samuel LeFrak, died in 2003, New York-based, family-run LeFrak Organization already was one of the largest private building firms in the world, according to a New York Times obituary. Micky Arison, Miami Heat owner and Carnival Cruises CEO has the biggest moneybags in Miami with a net worth of $4.2 billion. Forbes magazine ranked Syntel 15th in its 2012 list of America's 200 Best Small Companies. Syntels net income last year was $219 million, up 85 percent from $118 million in 2009. How he made his money: Increased interest in the extraction of gas from shale rock. The story: Philadelphia native Norman Braman, 82, co-founded a vitamin retailer and merged it with another company in 1967. Fernandez advises people getting into business to try to exceed their own expectations. He made it big in California betting against subprime mortgages but, now back in Florida the next Henry Flagler, the local paper dubbed him hes bought upward of $300 million in local real estate, developed a 548-unit apartment project and has sites for office, condo and hotel towers. As a result, some of the wealth fueling South Floridas Bentleys and multi-million dollar condo purchases such as privately held entrepreneurial endeavors may not be reflected on our list. Owned by Aurelio Fernandez, a retired tech executive and real estate investor, and his pediatrician wife, Berta, the bayfront, five-bedroom house was a location in the Miami Vice movie. Anthem acquired Fernandezs Simply Healthcare Plans managed care company in 2015, the year after CVS acquired his Navarro Discount Pharmacy chain. Before this downturn, anything below 1 million housing starts in a year was considered almost a housing depression. Ansin earned his undergraduate degree at the Wharton School of Business and Finance. After the Mendelsons settled into a then-unincorporated Pinecrest community in southeastern Miami-Dade County, Laurans became a successful real estate investor and developer and got his sons Eric and Victor involved in the property business. While large corporations provide a ladder for at least some women to higher and higher management positions, compensation is limited at most corporations, and many fast-track female executives are constantly being promoted at lower pay scales within the range, Shaffer said. But a score of others also ride fault-free. Theyre making money in real estate here, Hertzberg said. For hours, in every direction as far as one can see, hundreds of equestrians like her ride horses over obstacles in the 18 arenas at the 500-acre venue. Ive been fortunate to have several careers during that span.. At the time, Weiner offered it for charter. Meanwhile, his net worth has doubled since our last list. Quintessential with this exception: He built the Buffalo,N. Aside from owning an entire street by the Palm Beach International Equestrian Center in Wellington, Bill Gates, the worlds richest man, owns or has invested in Florida farmland, in Tampas Channelside and Fort Lauderdale-based car dealer AutoNation, among others.