His Ukranian-Ukrainian born father, Sidney, a successful shoemaker in Boston, went on to become a successful Florida real estate investor in the 1950s, according to Forbes. 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. Gender: All males Average age: 68 Average net worth: $4.7 billion Median net worth: $3.8 billion Oldest: 84 Youngest: 46 Immigrants: 6 Bachelors holders: 20 Advanced degree holders: 6 Never graduated college: 4 Two-year degree holders: 1 Florida natives: 0 Florida college graduates: 0 Self-made: 17, Most prevalent source of fortune: Investing: 7 Manufacturing: 5 Real estate: 4. 3 $65 million 800 S. Pointe Drive Apogee South Beach. He is chairman of the board of the St. Joe Company, a publicly held Florida-based real estate developer. But Trump rarely seems to be vacationing in South Florida, where he has been an active real estate developer and redeveloper. 7 Paul Tudor Jones, 62 $4.7 billion Palm Beach, Jones, the latest hedge fund manager to choose Florida, is a former cotton trader whose average annual return for three decades has been 17% after fees. He took over as head of the World Surf League, a venture into which Ziff has put a reported $30 million. is adam leaving the young and the restless 2022. At one time, he owned the Miami Dolphins, the then Florida Marlins and Florida Panthers. The second generation of family management proved impressive. The Steve Harvey Morning Show and his work with the Marjorie Harvey Foundation have ensured his continued presence in the public consciousness. In a March 2011 article, Why Diddy Will Be Hip-Hops First Billionaire, Forbes magazine reported that Combs most lucrative asset was his 2007 agreement with Diageo, the worlds largest supplier of beverage alcohol, to promote its Ciroc vodka brand. Steven Smith Net worth $23 million & he is the current captain of Australia. Oh, how the University of Florida wishes Ross hadnt transferred as a student to the University of Michigan. 18 Richard Schulze, 76 $3 billion Bonita Springs. The state also offers sumptuous housing, lifestyle and, depending on the activity witness Jennifer Gates world-class facilities and events. The Norman and Irma Braman Family Foundation funded the opening of the Braman Family Breast Cancer Institute at the University of Miami's Sylvester Comprehensive Cancer Center. Now Henry is well into his second career as a team owner in professional sports. SteveWillDoIt has an estimated net worth of about $2.55million. The urban corridor from southern Palm Beach County to the Florida Keys is home, at least part time, to 19 billionaires and six millionaires with an estimated net worth of $200 million or more. 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. Become a member to support the independent voice of South Florida In 2007, Olenicoff pleaded guilty to falsifying his 2002 federal tax return by failing to disclose foreign bank accounts to the Internal Revenue Service. He declared Florida residency the following year. The story: New York City native Richard LeFrak, 69, has lifted his familys real estate development business to new heights. Miller was cautious in assessing Lennars prospects on the companys Sept. 17 conference call with analysts to discuss second-quarter financial results. Obviously, they are very biased and in the Democrats pockets., 2 David Tepper, 59 $11.4 billion Miami Beach. 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. Weve got to stop it. , 8 Reinhold Schmieding, 62 $4.1 billion, Naples. $40 Million. Steve has made his net worth from his primary career as a songwriter, musician, guitarist as well as being a Film Score Composer. 5 Charles Johnson, 84 $5.7 billion Palm Beach. Theres so much power in this room, so many of us have relationships with these guys, that if we actually came together and told them, You know what? He uploaded his first video on June 11, 2019, titled ''I am taking over YouTube.'' The video has over one million YouTube views. The story: Igor Olenicoff, 72, has amassed a real estate empire stretching from coast to coast in the United States. I can only compare it to two or three other markets in the United States as a magnet for international capital and as a desirable location for people to reside in and invest in.. Where he lives: Indian Creek Island (seasonal). The Bramans also have supported Lotus House, a Miami shelter for homeless women and children, and the Greater Miami Jewish Federation, among other philanthropic organizations. The New York Times reported that Henry and his investor group paid $660 million for the Red Sox. The story: Jorge Prez, 64, transformed the South Florida skyline during the high-rise condominium building boom before 2008, and his development company Related Group survived the bust that followed. More than just a winter home for the rich-and-retired set, South Florida also has become a principal residence for wealthy people who are still in their earning years, said Teresa Weintraub of Fiduciary Trust International of the South, which manages money for wealthy entrepreneurs and families from the U.S., and Latin Americans with U.S. business interests. Net Worth: $200 Million. The company is headquartered in Coral Gables and run by CEO Adriana Cisneros, who lives in Miami Beach. 24 H. Wayne Huizenga, 79 $2.6 billionFort Lauderdale. There are a lot of take-aways from the list. South Florida has been wonderful to me.. His most recent triumph was selling the Southern Union pipeline company for $5.7 billion in 2012. Lampert sometimes serves on the board or in the management of companies in which ESL owns large equity stakes. According to the website of Olen Properties, the companys South Florida apartment properties include Weston Place in Weston, Club Lake Pointe and Players Club in Coral Springs, Delray Bay in Delray Beach, Manatee Bay and Indian Hills and Whalers Cove in Boynton Beach, Sanctuary Cove in North Palm Beach, and Villas of Juno in Juno Beach. As part of his plea agreement, he paid $52 million in back taxes to the IRS and was sentenced to two years of probation and 120 hours of community service. Access has corporate offices in New York, Moscow and London. South Florida is a wealth magnet. 11 Isaac Perlmutter, 74 $4.0 billion Palm Beach. Source: Fairholme Capital Management, LLC. In 2008, the third-richest man in the world, Warren Buffett, made headlines when Berkshire Hathaway took $224 million from the state in return for a pledge to buy the states hurricane catastrophe bonds in the event the state got smacked by hurricanes as it had in 2004 and 2005. Genius will not; unrewarded genius is almost a proverb. He would miss the top five today. Mr. Quintessential in that he moved to the Keys from a cold climate, discovered a love of fishing and now tells fishing stories. His fortune is up $200 million in four years. 8 $39.5 million 321 Ocean Drive, Miami Beach. He also has served as an officer, director or trustee of various Franklin Templeton mutual funds. This is a new drug for the prevention of nausea and vomiting associated with cancer chemotherapy, and it has a good possibility to be the best product in the market, since a single tablet is enough to protect the patient for five days., But the billionaire doctor's investments range well beyond healthcare. He graduated Penn State in 1973 with a bachelor of science degree and got his first job with Getty Oil Co. in Victoria, Texas. He also of late gave $25 million to the Special Olympics. 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. and Netflix Inc. to Forest Laboratories, Chesapeake Energy and Navistar International Corp. The story: Phillip Frost, 77, a former professor of dermatology at the University of Miami's medical school, teamed up with business partner Michael Jaharis to acquire drug-development company Key Pharmaceuticals in 1972. So, Combs may indeed become a billionaire before his peers in the hip-hop music field. 1 from 2013 who would rank sixth today died in 2015. Realtor Jill Hertzberg said that for some homebuyers, profit potential is a major lure. The island is the second home of magnates like David Koch, Discount Tires Bruce Halle of Phoenix and Citadel hedge funds Ken Griffin of Chicago, not to mention Estee Lauder and Cox heirs, buyout maven Henry Kravis, Patriots owner Robert Kraft, casino owner Steve Wynn and, of course, the president of the United States. 24, is a serial entrepreneur in the healthcare industry. On Palm Beach, the appraised value of Peterffys home is outgunned not only by Griffins estate, but also by the homes of radios Howard Stern, ($52.5 million) and Trump, whose Mara- Lago and associated properties rank only 28th on the island. He has an impressive real estate portfolio, with mansions sprawled in all his favorite places. The $13.7 billion sale of Venevision to a private equity consortium in 2007 may have been one of the most personally rewarding deals that Gustavo Cisneros ever engineered. Forbes magazine, which annually estimates the value of National Basketball Association franchises, reported that the move by NBA star player LeBron James to the Cleveland Cavaliers from the Miami Heat could reduce the market value of the Heat franchise from $770 million, currently the seventh-most valuable franchise in the NBA. Stan Lee gets the Marvel movie cameos; Perlmutter gets rich while staying reclusive. ON A BRIGHT SUNDAY morning in February, a hint of cool in the air, a 20-year-old woman with freckles floats her horse over the fences in an arena at the Winter Equestrian Festival in Wellington. He founded Related Group in 1979 with New York developer Stephen M. Ross, now owner of the Miami Dolphins. A milestone in the development of Cisneros Group was its 1960 acquisition of a television channel that ultimately became Venevision, the leading national TV network in Venezuela. The story: Laurans Mendelson, 76, was an accountant in New York City during the 1960s when he and his wife Arlene and their two sons relocated to Miami, where some of her family members already resided and worked in real estate. Wealthy people who live full time in South Florida sometimes started residing in the area in a second home, then little by little, they were spending more time until they moved here permanently, Weintraub said. Its real estate subsidiary New Valley LLC owns a majority of high-end residential property agency Douglas Elliman. Everyone has ideas and something to contribute, so listening to different points of view is also very important., Arison says he recruits good people and supports them while refraining from hands-on micromanagement. 1 Thomas Peterffy, 72 $15.2 billion Palm Beach, A Hungarian immigrant who made his mint as a pioneer in electronic and online stock trading, Peterffy moved to Florida in 2015.

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