According to Forbes, Bal Harbour resident Arison is worth $4.2 billion, which makes him the richest person in South Florida and tied for the richest person in the state. According to The Real Deal, Ross has two properties in Palm Beach. 1,613. 369 in 2016.) Forbes calculated the net worth of those on the list using stock prices at Wall Streets closing bell on Sept. 3, which was close to a record high close for U.S. stock indices such as the S&P 500. You would recognize Ziff-Davis from putting out popular publications such as PC Magazine and Car and Driver. Olen Properties currently controls 6.4 million square feet of office space and over 12,000 apartments and other residences in Florida, Arizona, and Las Vegas. Jeff Greene Net worth: $5.1 billion (#552 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: real estate, investments, #15. In 1993, he founded the multinational brokerage firm, Interactive Brokers, serving as its CEO until 2019. His net worth has increased to $4.2 billion from $3.2 billion. Richest Floridians: The Top 25 - Florida Trend This material may not be published, broadcast, rewritten, or redistributed. Worldwide, Amazon founder and former CEOJeff Bezosretained his top spot this year for the fourth year in a row, with a net worth of$177 billion. William Berkley founded W.R. Berkley Corporation in 1967. Prominent Miami attorney, entrepreneur and philanthropist John Ruiz paid $25 million for a waterfront mansion in Gables Estates, The Real Deal has learned. The richest man in Florida is from Palm Beach. J. Christopher Reyes Net Worth: $5.5 billion, 6. The wealthiest man in the world comes as no surprise. Jess Swanson October 15, 2021 9:00AM. The Naples resident appearedon the list for the first time last year. Henry Laufer is the former chief scientist and vice president of research at hedge fund Renaissance Technologies. The 2017 Forbes list of billionaires includes five Naples residents and another up the road in Bonita Springs. Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more. His net worth grew to $4.7 billion, up from $3.4 billion. 1. He would miss the top five today. The wealthiest Americans on the annual Forbes 400 list grew their combined net worth by just over 2 percent from the previous year, making . She lives in New York City, according to Forbes, but still has an estate in Palm Beach that she and her husband bought in 1998 and renovated over the years, according to the Palm Beach Daily News. Through his company, First Allied Corporation, he invested in several ventures including Harley Davidson, Tonka, and Omega Protein. Soon enough, he was handed the position of CEO. Get the Android Weather app from Google Play, Remain believed to be Florida woman missing since, Family of cold-case victim gets justice after 40, Video: SUV spotted before attack on Land OLakes, Folks near Jack Daniels facility complain of whiskey, Tampa mobile home park residents fight eviction, 3rd arrest made after teen shot to death in St. Pete, Beach battle over umbrellas heads to court, Grand Prix expected to draw thousands to St. Pete, 3 Daughters head brewer killed in crash on Skyway, 2022 Hurricane Guide: Prepare your family before a storm, Fence contractor extradited to Tampa Bay to face, Customers frustrated after used car dealership closes, Tampa Bay retiree one of thousands stuck in federal, Volunteers help veteran trying to feed homeless, City of Tampa removes speed hump in front of mans, Women in Motorsports internship to begin second, Bucs expected to release TE Cameron Brate, Lightning make roster moves ahead of NHL trade deadline, Top NFL draft prospect charged in fatal crash, Straz presents BIPOC series with Emmett Till play, Turning 50? The founder of Microsoft Corp. has reigned as the richest person in the world for 18 out of the past 23 years. This year there are 51 billionaires in Florida on the list, up from 44 last year. The companygrew out of the Ringling Bros. circus, which shut down in May 2017 due to falling ticket sales, according to Forbes. SARASOTA, FL Americas richest keep getting richer. The company has annual sales of about $2 billion. Meet the 10 richest billionaires in Palm Beach in 2020 GET FOX BUSINESS ON THE GO BY CLICKING HERE. He is also the owner of the MLB's San Francisco Giants. His net worth was $189.8 billion, according to Forbes real-time wealth tracker. He now serves on the board of directors of Renaissance Technologies. An updated list of the richest people in the world was released a few months ago, and Florida has several billionaires-in-residence who made the list. What are those large pyramids next to the Skyway? Over the subsequent decades, he developed Franklin Resources into one of the leading mutual funds in the country. Today, the company generates around $3.6 billion in annual sales as the owner of 75 percent of the company, a good portion of that ends up in Rich, Jr.s pocket. Forbes reports Flex-N-Gatenow has 64 plants worldwide, with more than24,000 employees. Westminster Christian School Gets $10 Million Donation, Largest Gift In After he set up vitamin retailer Keystone Discount Stores, he decided to merge it with Philadelphia Pharmaceuticals in 1967 and then moved to Florida. In total, there are now 70 billionaires inFlorida, worth a combined $245 billion. Norman Braman is best known as a former owner of the NFL's Philadelphia Eagles. Southwest Florida is home to six of the richest people on the planet. He rejoined the company as chairman emeritus in 2013after his attempts to take over the electronics retailer and make it private failed. Wyoming. He is the 70th richest person on Forbes list. Turn them in to HCSO Valentines, Highest-rated barbecue restaurants in Tampa, Best athletic wear for kids joining baseball and, How to watch all the Oscar-nominated movies in style, Best smart home devices for older users, according, WATCH: Carjacking suspect caught after wild chase, House where JonBent Ramsey was found dead up for, Florida authorities find missing 15-year-old girl, Tom Sizemore, Saving Private Ryan actor, dies at, Fast-moving 50-acre brush fire at 100% containment:, FBI searching for woman days before start of 1/6, Pasco County adds Mobi-mats to 4th park, Man charged after dead body, infant found in apartment, Infants death linked to contaminated breast pump,, FL lawmaker wants political bloggers to be registered, Spirit flight makes emergency landing in FL due to, Man accused of dumping 30 mattresses in Key West:, 4 new things to check out at the FL Strawberry Festival, Florida woman cashes out $1 million lottery prize, Boy, 8, left hanging by neck at amusement park, Disney Worlds Typhoon Lagoon water park set to reopen, Universal Orlando adds vegan Butterbeer to menus, Co-workers win $50K after buying ticket during lunch. In 1978, he left the company to found Bumper Work, which specialized in making bumpers for customized vehicles. Outside of his business activities, Reyes is known for his philanthropy. J. Christopher Reyes and his brother, Jude, purchased a beer manufacturer based in South Carolina in the mid-70s, for $74,000. Sign up for free Patch newsletters and alerts. After progressing from an architectural draftsman to a computer programmer, he eventually bought a seat at the American Stock Exchange and helped develop the first electronic trading platform for securities. Our tree service team in Pompano Beach is ready to help now! Elon Musk, the CEO of Tesla Motors, came in at No. Over the years the Miami lawyer has hosted a Spanish language cable-TV show, owned a high school sport website and worked on. As well as having a reputation as a skilled macro trader, Jones is also known for his philanthropy, and in particular, the Robin Hood Foundation, which he established in 1988 with the aim of supporting impoverished communities in New York. Shahid Khan began his career as an engineering director for Flex-N-Gate Corporation. Nearly every one of Southwest Florida's billionaires onForbes' annual listofthe wealthiest people on earth are richer than a year ago, despite the coronavirus pandemic. Despite SGI's success, he left the company in 1994. Learn how your comment data is processed. 688, with a value of $2.5 billion. He became CEO of the company In 1957, at the age of 24, and is credited for taking the company public in 1971. Peterffy actually lives in Palm Beach, according to Money. All of the billionaires hailing from Southwest Florida have appeared on the list before, including a secretive heiress. In 2020, it generated $8.89 billion in annual sales. CAKEGATE 2023: Bad Bunny's Restaurant Accused of Gobbling Birthday Girl's Cake, Neighborhood Nazi Jon Minadeo Peddles Hate by the Minute, Gator Gets in on the Action at Tampa Bay Horse Race, Sen. Rubio's Permanent Daylight Savings Bill Sees Light of Day Once More, NFL Legend Ray Lewis Joins World Jai-Alai League Board of Directors, Affordable New "Micro-Units" Slated for Little River, Edgewater. Ziff Brothers also own a 10% stock in Och-Ziff Capital Management, another hedge fund. He's valued at $25 billion, up from $14.3 billion last year. Victoria is a native Floridian and writer for OIYS. The company makes tints for eyeglasses. Oprah Winfrey and Gap co-founder Doris Fisher fell off the list, but new to the list are Melinda French Gates, following her divorce from Bill Gates; and Miriam Adelson, heir to her late husband Sheldon Adelsons stake in the Las Vegas Sands casino empire. The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925.. 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%.. There are 56 women on the list, the same number as a year ago. Paul Tudor Jones II Net Worth: $7 billion, 2. Dirk Ziff Net worth: $5.0 billion (#572 wealthiest in the world) Residence: North Palm Beach, Florida Source of wealth: investments, #16. Palm Beach, Fla., residents certainly have plenty of opportunities to rub shoulders with wealth. Terrence Pegula Net worth: $5.8 billion (#481 wealthiest in the world) Residence: Boca Raton, Florida Source of wealth: natural gas, #11. Map | Celebrity Net Worth Over the subsequent decades, he developed Franklin Resources into one of the leading mutual funds in the country. His father, Ted Arison, was one of the co-founders of the cruise line. In 2013, Johnson stepped down from CEO to be replaced by his son, Greg. Schmieding, who owns over 90 percent of the company, is believed to be worth around $6.7 billion. 308 on this year's billionaires list. The Indiana native started SS&C Technologies in 1986 with the $20,000 he had saved from his days as a KPMG executive, according to Forbes. John Ruiz, Florida (455 matches): Phone Number, Email, Address - Spokeo Today, Griffin has invested at least $350 million into his Palm Beach properties, according to the real estate website. Since stepping down from the CEO position in 2013, Arison continues to oversee the company in his position as chairman. How Ex-TV Lawyer John Ruiz Turned Millions into Billions The gift is from John H. Ruiz and his family; Mayra Ruiz . In 1972, Ted Arison founded the cruise ship operator, Carnival Corp. Miami, and South Florida in general, is a tropical playland for the rich. Do Not Sell or Share My Personal Information, L Brands ( Victorias Secret, Bath & Boy Works). Mr. Ziff and his two brothers inherited their father's fortune after his retirement in the mid-90s. Its followed by China, with 698. How does your net worth compare to the fortunes of the wealthiest people in Florida? In at number one is Thomas Peterffy. Julia Koch and her family are the wealthiest people with ties to Palm Beach and take the 18thspot on Forbes list of billionaires. Sami Mnaymneh. In September 2014, it was announced that Terry's group of investors beat out groups led by Jon Bon Jovi and Donald Trump for the right to purchase the Buffalo Bills for $1.4 billion. (Photo by Rich Graessle/Icon Sportswire via Getty Images). At No. Nonetheless, he has held onto enough of his fortune to remain on this list. Copyright 2023 Nexstar Media Inc. All rights reserved. 2with a value of $151 billion. William Wrigley, Jr. is the great-grandson of the first William Wrigley, Jr., who launched the Wrigley Company in 1891. Shahid Khan was born in Pakistan and came to the US to attend the University of Illinois at Urbana-Champaigns School of Mechanical and Industrial Engineering. (Stacker) The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. In addition to her freelance career, she is pursuing ebook writing with an ever-growing repertoire of witty ebooks to her name. Jim Clark started Silicon Graphics Inc. (SGI) in 1981. Reinhold Schmieding Net Worth: $6.7 billion, 5. This site uses Akismet to reduce spam. PGE LLC, managed by Earl W. Powell, sold the 10,351-square-foot home at 80. New England Patriots owner Robert Kraft and his son New England Patriots President Jonathan Kraft are pictured in 2018. According to whalewisdom.com, the hedge fund now holds $44,580,108,000 in assets under management. Last year, he published a book"Built Not Born: A Self-Made Billionaire's No-Nonsense Guide for Entrepreneurs.". Leon Cooperman was hired by Goldman Sachs almost immediately after graduating from his MBA program and began working in asset management for the company. If your child will play baseball or softball this spring, youll need to stock up on appropriate clothing and equipment. independent local journalism in Miami. 308 on this year's billionaires list. Bezos has topped the list for four consecutive years. Though as of 2016 Florida officially has 40 billionaire residents, a full 10% of the Forbes 400 list, Thomas Peterffy is the richest of them all, according to Forbes . Combined, all of the billionaires, self-made or not, are worth $13.1 trillion, up from $8 trillion last year. Stone remains the firm's largest individual shareholder, with a 13% stake. On Forbes list, Schwarzman is in 64th place. Seven years after graduating, he founded a company called Bumper Works that eventually became the major supplier of bumpers to the major US car manufacturers and the sole supplier for Toyota. The Oscars will air on ABC and can be streamed on ABC.com and the ABC app as well as Hulu + Live TV, YouTube TV, AT&T TV or FuboTV. October 15, 2021 He bought one in 2002 and the other in 2015. His fortune is estimated at $86 billion, up from $75 billion last year. TOM BRADY WANTS TRADEMARKS FOR TOMPA BAY TAMPA BRADY. Since then, Flex-N-Gate Corporation has grown from a small concern into the 49th largest privately-held American company and the 7th largest American automotive parts supplier. 4 things you can do for your health, The State of Black Tampa Bay: An Exclusive Town Hall, Ybor speakeasy honors Madame Fortune Taylor, Ex got a warrant? Carl Icahn Net worth: $16.1 billion (#119 wealthiest in the world) Residence: Indian Creek, Florida Source of wealth: investments, #2. Charles Johnson - Net Worth: $4.9 billion Johnson is the former CEO of Franklin Resources, a mutual fund company founded by his father Rupert in the mid-1940s. His financial equal. This year, his wealth was up from $6.5 billion last year to $6.9 billion this year. Like his brother Jude, Christopher Reyes has a net worth of $5.5 billion that stems from Reyes Holdings. In 1978, Rich Sr.s son, Robert Rich, Jr. took over the position of president, eventually taking over the chairmanship in 2006. She also makes art, jewelry, and other things for her shop, Countless Celebrities Have Loved This Iconic Florid Diner For Decades, Chow Down On Seafood Fresh Off The Boat At This Spring Seafood Festival In Florida, Here Are The 9 Most-Recommended BBQ Restaurants In Florida, According To Our Readers, Plan A Trip To This Underrated Historic Town In Florida, 5 Dead, 8 Injured In Shooting At Floridas Fort Lauderdale Airport, Tour This Inventors Workshop In Florida For An Unforgettable Animatronic Adventure, 9 Things You Had No Idea Were Invented in Florida, Uh Oh Here Are The 10 Drunkest Counties In Florida. This is the wealthiest person in Florida, according to Forbes Resides in Miami, FL. Legal Statement. 2023 Celebrity Net Worth / All Rights Reserved. Thirty-six people from Florida made the cut. Florida's super-rich | Richest Floridians - Florida Trend John "La Ley" Ruiz Loses His Boat And Owes Money To Contractors Now headquartered in Naples, Florida, its developed over 13,000 tools and products used in orthopedic surgeries and is thought to generate revenues of $2.6 million per year. Since 1995, hes also controlled the NBA Miami Heat, leading the team to victory at three championships. Charles Johnson is the former chairman of Franklin Templeton Investments, the financial firm founded by his father. 391, down from 308. The Red Sox went on to win World Series titles in 2004, 2007, 2013, and 2018. 2021 Forbes' list: Rich are getting richer in SW FL - Naples Daily News Billionaires are spread across the state, from Islamorada to Ormond Beach. Kenneth Feld owns Feld Entertainment, the parent company of Disney on Ice, Monster Jam and other popular shows. You will receive your first email soon. Can you say billionaire? Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans view the ultra-richas a group rather than as individualsnegatively. On Forbes' list, Schwarzman is in 64th place. While the U.S. is home to the most billionaires out of any other country . The latest list includes a record 1,975 self-made billionaires. All rights reserved. 29 Florida Billionaires, 10 In SoFla, Make Forbes' List 9:00AM. The best result we found for your search is John Ruiz age 30s in Palm Bay, FL. The only woman to make the list in Southwest Florida, Lozick inherited an estimated 65 percent stake in Swagelok from her father, Fred Lennon, who co-founded the company with a $500 loan in 1947, according to Forbes. Last year Schulze, Best Buys chairman emeritus who lives in Bonita Springs, weighed in at No. Koch, 57, is the widow of David Koch, and is worth $38.2 billion this year -- which is down from $50.5 billion last year. Fast-forward to 2012, and their company, Reyes Holdings, is now the largest beer distributor in the US. They have since expanded into other distribution markets, including buying up Martin-Brower, the distribution company in charge of McDonald's distribution in the United States. Tom Golisano, 79, weighed in at No. In case youre curious, heres a list of the top 10 richest people in Florida and how they got where they are now. Guess Who's the Richest Person in Florida? - Investopedia David Tepper Net worth: $16.7 billion (#112 wealthiest in the world) Residence: Palm Beach, Florida Source of wealth: hedge funds, #1. If your child will play baseball or softball this spring, youll need to stock up on appropriate clothing and equipment. Soon after, he bought a seat on the American Stock Exchange and began doing his own trading. Overall, there are 328 female billionaires on this year's list, up from 241 in 2020. We interviewed our tech expert, Jaime Vazquez, to learn more about accessible smart home devices. The company was incredibly successful, and its investors received a $1 billion payout in 2010. He became the focus of gossip columns when he married Christina El Moussa in 2017. He is also an author, Broadway producer and owner of the Buffalo Bisons minor league baseball team, the Northwest Arkansas Naturals, and the Jamestown Jammers. He is also the majority owner of the Jacksonville Jaguars. Paul Tudor Jones is the founder of the private asset management company and hedge fund Tudor Investment Corporation. Schmieding owns 95 percent of Arthrex, according to Forbes. The story: John W. Henry, 65, got rich in commodities trading, rich enough to allow him to buy the since-renamed Florida Marlins baseball team from Wayne Huizenga for $150 million in 1999. At No. Those brands included Chef Boyardee, PAM Cooking Spray, and Bumble Bee Seafoods, most notably. He took 78th place on Forbes list of billionaires. Reinhold Schmieding, 62, weighing in at No. Here's a closer look at the region's billionaires: Shahid Khan, 66, once again ranks as the richest man in Southwest Florida. SARASOTA, FL America's richest keep getting richer. Citadel CEO Kenneth Griffin, 51, saw his wealth increase from $11.7 billion last year to $12.1 billion this year. By the age of 24, Johnson was top dog at the company. He amassed the majority of his fortune in real estate as the owner of Olen Properties. With a net worth of $1.8 billion, Catherine Lozick, 72, of Naples, ranks at No. The company published such periodicals as Car and Driver, Popular Aviation, and PC . Rakesh Gangwal is the co-founder and 37% owner of IndiGo Airlines. Griffin first bought property in Palm Beach in 2012, The Real Deal reported last year. Maybe well never be as rich as these guys, but we can dream, right? He took the company public in 1973. Among the 44 people who fell off the list was former President Donald Trump, who had been among the 400 richest Americans for 25 years. He dropped from No. 2023 FOX News Network, LLC. Following her is Alice Walton, the only daughter of Walmart founder Sam Walton. 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. Angamardana, a fitness system rooted in yoga, Heading To FL: More People Moved In Than Out For 2022, FL Blogging Bill Says Political Writers Should Register With State, Abortion Clinic Clash, Hurricane Handles, Spring Break: FL Top News, African American History Taught By Freedom School At Sarasota Library, Thomas Peterffy: $17.5 B, age 75, discount brokerage, Micky Arison: $8.1 B, age 70, Carnival Cruises, J. Christopher Reyes; $6.7 B, age 65, food distribution, Jude Reyes: $6.7 B, age 64, food distribution, Reinhold Schmieding: $6.6 B, age 64, medical devices, Whitney MacMillan: $5.1 B, age 90, Cargill, Isaac Perlmutter: $5.1 B, age 76, Marvel comics, Paul Tudor Jones, II: $5 B, age 65, hedge funds, Charles B. Johnson: $4.9 B, age 86, money management, Terrence Pegula: $4.9 B, age 68, natural gas, Igor Olenicoff: $4.3 B, age 77, real estate, Robert Rich, Jr.: $4.3 B, age 78, frozen foods, Tom Golisano: $3.9 B, age 77, payroll services, Jeff Greene: $3.9 B, age 64, real estate and investments, Russ Weiner: $3.9 B, age 49, energy drinks, Richard Schulze: $3.8 B, age 78, Best Buy, Leon G. Cooperman: $3.2 B, age 76, hedge funds, Herbert Wertheim: $3.1 B, age 80, investments, William Wrigley, Jr.: $3 B, age 55, chewing gum, Edward DeBartolo, Jr.: $2.7 B, age 72, shopping centers, William Berkley: $2.6 B, age 73, insurance, Norman Braman: $2.5 B, age 87, art and car dealerships, C. Dean Metropoulos: $2.5 B, age 73, investments, Todd Christopher: $2.2 B, age 57, hair care products, Randal J. Kirk: $2.2 B, age 65, pharmaceuticals, James Clark: $2.1 B, age 75, Netscape, investments, Henry Laufer: $2.1 B, age 74, hedge funds. Dirk Ziff's father, William Ziff, Jr., co-founded the Ziff-Davis publishing empire. Herbert Wertheim started his career as a NASA engineer at Cape Canaveral where he designed a machine to make 15-inch, no-drip beeswax candles. At the same time, he and Marc Andreessen set up Netscape, which was instrumental in the launch of the Internet IPO boom on Wall Street during the mid to late 1990s. Rounding out the top 10 are Microsofts Bill Gates, Oracles Larry Ellison, Berkshire Hathaways Warren Buffett, Googles Larry Page and Sergey Brin, Microsofts Steve Ballmer, Bloomberg LPs Michael Bloomberg, and Walmarts Jim Walton. With the vast amounts of wealth in the pockets of those on the exclusive list, Forbes notes that a number of high-profile billionaires such as Kylie Jenner and Michael Jordan, didnt even make the list. (Photo by Patrick McMullan/Patrick McMullan via Getty Images). Related To Elizabeth Ruiz, Mayra Ruiz, Rodriquez Ruiz, Catherine Ruiz. Peterffy Tops the List. He amassed the majority of his fortune in real estate as the owner of Olen Properties. Hes worth $22.5 billion, ranks 32nd and is among seven cryptocurrency entrepreneurs on the list. Tom Golisano Net worth: $5.9 billion (#452 wealthiest in the world) Residence: Naples, Florida Source of wealth: payroll services, #10. How do you get to be the richest person in Florida? He now owns a portion of the Famous Famiglia pizza restaurants and a chain of sports clubs. A new list from Forbes has determined the richest person in each state as well as the source of their money. He then performed the same magic with Aurora Foods by buying it, merging it with Pinnacle Foods, and reselling the new company for $2.2 billion. Are supernatural forces protecting Tampa Bay from hurricanes? He served as Best Buy's CEO from 1983 to 2002 and stepped down as chairman in 2012. The ranking includes 2,153 people who have a combined wealth of $8.7 trillion. Hes CEO of Interactive Brokers Group. In 1981, Reinhold Schmieding launched the orthopedic surgical tools company, Arthrex, in Munich. Make a one-time donation today for as little as $1. Kapnick served as CEO of Highbridge from 2013 to 2016, when he and the principals bought HPS from JPMorgan in a carveout. Miami Attorney John Ruiz Buys Coral Gables Mansion - The Real Deal He predicted Black Monday in 1987 and tripled his money during the event. 2023 www.news-press.com. Her, Read More How Natalie Portman Achieved a Net Worth of $60 MillionContinue, Ant Anstead is perhaps one of the most interesting celebrity personalities currently in the news. 4 things you can do for your health, The State of Black Tampa Bay: An Exclusive Town Hall, Ybor speakeasy honors Madame Fortune Taylor, Ex got a warrant? His latest venture is an insurance recovery firm that combines software. 183 to No. Though Schwarzman lives in New York City, he has a vacation home in Palm Beach, according to The Wall Street Journal. Lily Wordsmith is a freelance writer who has had a love affair with the written word for decades. (Getty). local news and culture, Jess Swanson All rights reserved. Though Schwarzman lives in New York City . $37 billion. Micky Arison (Photo by Michael Cohen/Getty Images). After selling the company to the Mars Corporation in 2008 for $23 billion, he stayed on as Chairman until 2011. These self-made billionaires might not be living the jet-setting lifestyle (whos got the time when theres a multi-billion dollar company to run?) The source of his wealth is Reyes Holdings, a $30 billion food and beverage distribution company established by him and his brother Christopher.