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Its annual benefit this year at The Breakers on Palm Beach was MCd by Norah ODonnell and featured performances by Roger Daltrey and Jimmy Buffett; the guest list included fellow Palm Beach billionaire Thomas Peterffy. The worlds No. South Florida has been wonderful to me.. These New Yorkers arent officially Florida residents but have homes here and affect Florida in important ways. Milwaukee, Wisconsin, United States. For most who made our list in 2013 but not this year, its not that they became impoverished. 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: Inherited a real estate fortune, diversified into broadcast television. Gabriel Gabe Groisman has been named a partner at LSN Partners, a government and business consulting firm in Miami Beach. 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. He is the chairman, president, CEO and principal shareholder of a multibillion-dollar distribution business. Florida is a very different place than it was in the 70s and 80s. LeFrak now has a second home in Miami Beach and two Miami-area real estate projects under way: renovation of the Gansevoort hotel in Miami Beach in partnership with Starwood Capital and resuscitation of an aborted North Miami development previously known as Biscayne Landing. frsvunna mattias flashback; trailerdragare till salu. 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. Johnson, who previously served as chief executive officer of Franklin, began working for the company more than 50 years ago, when its assets under management totaled $2.5 million. Opko Health Inc. is another one of his Florida priorities. The value of the franchise, however, has more than doubled since he bought it. I am now a huge enthusiast for South Florida, LeFrak said. The story: Raised in Russia, Len Blavatnik, 57, immigrated to the United States in 1978, then became a U.S. citizen in 1984 and went on to become a successful investor and philanthropist. A guitar collector, he also has a home in Marthas Vineyard. Billionaires left behind from our 2013 list: William Koch; Eddie Lampert, the hedge fund manager whose Sears is struggling mightily; Slim-Fasts S. Daniel Abraham; construction company leader Alfred James Clark, who died; Netscape founder Jim Clark: car dealer Norman Braman [Icon, p. 16]; coal mogul Christopher Cline; and Red Sox owner John Henry. The story: Stuart A. Miller, 56, is still trying to put a near-depression in the housing market behind him and his home building company, Miami-based Lennar Corp. Miller has been a director of the company since 1990. The story: Bruce R. Berkowitz, 56, is the founder, managing member and chief investment officer of Fairholme Capital Management. Perlmutter, a friend of Donald Trump, was meeting at Mar-a-Lago with the then president-elect when Reuters shot a picture through a window. Spains Amancio Ortega, the worlds second-richest person, has backed the Epic Residences & Kimpton Epic Hotel in Miami. Dunker bought it for $16.5 million in 2008. Still, the rarified heights of the uber-wealthy may yet include more women and people of color. D was inducted into the Pro Football Hall of Fame in 2016. Place Of Birth. New York Stock Exchange-listed Heico stock recently was trading at share prices near $47, about 28 percent below the 52-week high of $65.04. 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. Net Worth: $200 Million. Join the New Times community and help support Tom James, executive chairman of Raymond James Financial in St. Petersburg, has $1.14 billion in Raymond James stock alone. The big Penn State donor has his primary residence near Boca Raton, but his heart looks northward. St. Petersburg also is home to Ron Wanek, who in 1970 became general manager of a 35-employee manufacturer of tables and cabinet commodes in Wisconsin. Olen operates Quantum Town Center in Boynton Beach, a 117,000-square-foot commercial building, and the Delray Commercial Center in Delray Beach. A two-minute walk away, Steve Jobs widow Laurene Powell Jobs bought a $15-million ranch. Ansin learned how to manage money and his father made plenty to manage. How he made his money: Investment management. You really have to be devoted to it.. He was founder, president and CEO of Group Tech Systems, which developed a national database of group health insurance information. 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. Publicly held Syntel has more than 24,000 employees and a market capitalization of $3.7 billion. Steve has made his net worth from his primary career as a songwriter, musician, guitarist as well as being a Film Score Composer. Davis has an impressive net worth, and you might be wondering if the former professional snooker player is the richest. In a New York Times obituary, the newspaper noted that Ted Arison was widely regarded as the godfather of the modern cruise industry. Carnival has faced operational adversity in recent years, and its net income has declined in the last two consecutive fiscal years. Is DeSantis a hometown hero in this Florida city or just someone who lived there? Stan Lee gets the Marvel movie cameos; Perlmutter gets rich while staying reclusive. I like the people [at Drone]. If you dont stand for something in life, then youll accept anything. Rich is nearly the quintessential Keys transplant. In February 2013, an engine fire disabled the Carnival Triumph in the Gulf of Mexico, exposing more than 4,000 people aboard the ship to broken toilets and unsanitary conditions. His most recent triumph was selling the Southern Union pipeline company for $5.7 billion in 2012. Steve Harvey Net Worth. 1943-11-5. LeFrak served four years as a director of BankUnited before selling his shares in the largest South Florida-based bank. 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. But the Mendelsons saw greater potential in long-term ownership, so they acquired control of Hollywood-based Heico Corp., a manufacturer of aircraft replacement parts. The story: Carl Icahn, 78, is a Wall Street titan with an activist approach to investing and impressive staying power. To be successful requires huge effort. The family patriarch now serves as co-chairman of the board of Cisneros Group with Steven Bandel, a former chief executive officer of the family business. But he left his biggest mark in downtown Miami, where, starting in 2002, he built a dozen high-rises with a total of 5,500 condo units. Frost is a major shareholder and a director of premium liquor supplier Castle Brands, and he is a major shareholder of Vector Group Ltd., a leading cigarette manufacturer through its Liggett Group LLC subsidiary. 13 Igor Olenicoff, 74 $3.7 billion Lighthouse Point. Born to Cuban parents in Argentina, hes self-made and made-in-Florida, first developing government-supported housing before switching to luxury condos.He purchased a unit in a Fort Lauderdale condo he developed, Auberge Beach Residences & Spa, for use as his beach pad. (The wealth swings at the top level are enormous in gross dollars. 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. Ross once was majority owner of Miami uber-developer Jorge Prezs company. Adriana Cisneros, daughter of Gustavo Cisneros, replaced Bandel as CEO last year. Harvey has a $3.95 million mansion in Plano, Texas, a $7.7 million penthouse in Illinois, 2 properties in Texas, and a 9258 square foot compound in Atlanta, Georgia . Twenty-four/seven for decades is the definition of instant success. I have seen the transition and the maturation of the Miami market. Florida offers them favorable tax treatment that their respective home states, Connecticut and New Jersey, didnt, Navas says. Richard LeFrak, who joined the LeFrak Organization in 1968 and became its president in 1975, was appointed chairman and chief executive officer in 2003. 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. How he made his money: Took over the family business his father founded and turned it into a media industry leader. The publicly traded company managed $941 billion in assets as of June 30, 2022. New York Stock Exchange-listed Lennar stock recently was trading at share prices around $39, about 11 percent below its 52-week high of $44.40. 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. The second generation of family management proved impressive. The story: Robert E. Rich Jr., 73, followed in his fathers footsteps and built the family business with a focus in frozen food products. Pictured is the penthouse, the higher priced of the two. WSVN ultimately affiliated with the Fox Network and Ansins navigation of the affiliation transition proved a success. In Palm Beach County, were in the process of building three new dealerships, he said. Some Tepper, for example even move their operations here. His net worth is an estimated $26.6 billion. Feld Entertainment closes its Ringling Bros. And Barnum & Bailey Circus next month but Feld, thanks to monster trucks, ice shows and other arena entertainment, looks to be doing just fine. Building on a successful business is a simpler, lower risk idea than starting from scratch, Nahmad said in an email exchange. Formerly an investor in BankUnited, LeFraks interests include 1 Hotel South Beach, but his major impact will be SoLeMia, a project slated for more than 4,000 residential units on 184 acres in North Miami. The billionaire has collected more than $5 billion from a combination of stock sales, dividends and compensation. He would miss the top five today. Education will not; the world is full of educated derelicts. Arison remains chairman. Johnson is the largest owner of the San Francisco Giants, which were contemplating a move to Florida in the early 1990s until he joined a Bay area ownership group to block the move. Communications technology and ease of travel leaves the super-wealthy at no disadvantage in conducting business remotely, especially for financial industry players. Its holdings in the United States, Europe and South America include large equity stakes in LyondellBasell Industries, a leading chemical company, and music company Warner Music Group, which has recorded artists ranging from Aretha Franklin to k.d. The story: Micky Arison, 65, has been with the cruise company his father founded for more than 30 years. He has a home on Indian Creek Island in northeast Miami-Dade County. 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 has talked of turning over the business to sons Jon Paul and Nicholas. He founded Las Vegas-based beverage company Rockstar Energy in 2002. Thats about par for him; though hes Floridas richest resident, he ranks 32nd nationally. 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. Richest Celebrities Richest Comedians. South Florida is a wealth magnet. . His fortune has increased $400 million since 2013. In 1996, he founded Boca Resorts. In Naples, he has a $9-million penthouse at the waterfront Regent. His investments in BankUnited and Corus Bank were successful because the timing was good, LeFrak said. I wasn't involved at all [in South Florida] until the financial crisis, and because I was in reasonably good shape in 2008, I had money for investment purposes. I tell young people just starting out to work hard, learn everything they can about the business and find a mentor to help guide them and expand their thinking. It operates companies that manufacture vehicle components for automakers, that refine petroleum and produce nitrogen fertilizer, that collect scrap metal, manufacture rail cars, and operate casino and entertainment properties. File for a homestead exemption to designate a Florida home as the primary residence. Franklin employs 1,100 in Florida. He is a financial backer of Faena District, a multi-block, multi-use real estate project under way in Miami Beach, led by Argentine developer Alan Faena, who in 2012 started amassing hotel. In Manatee County, he has a colossal warehouse-rehearsal- monster truck garage building, purchased for $30 million in 2013 in a corporate recruitment greased with $3.3 million in state and local incentives. So between my exposure to BankUnited and the Corus Bank, I got an inside look at the Greater Miami area.. These incidents, including the associated negative publicity, have resulted in lower cruise ticket pricing from prior levels. Steve Ballmer, Microsoft, No. The state also offers sumptuous housing, lifestyle and, depending on the activity witness Jennifer Gates world-class facilities and events. It employs 2,510 in southwest Florida and 3,661 globally. 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. His larger fortune, built on his automotive parts business, has risen simlarly. 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. Fernandez advises people getting into business to try to exceed their own expectations. Trade information publisher TVNewsCheck reported earlier this year that Channel 7 news audience ratings were unmatched after 20 years or so of domination in English-language news in South Florida. Today, it takes $2.6 billion. For example, ESL is a major shareholder of Fort Lauderdale-based AutoNation Inc., the nation's largest automotive retailer. Some state leaders complained Buffett would make out like a bandit, but others counseled the state needed the insurance. His son Aaron J. Nahmad is a director of Watsco and the companys vice president of strategy and innovation. Amazons cavernous distribution centers continue to go up in Florida, while his Blue Origin rocket company is building a rocket factory just outside the Cape Canaveral space port fence. Weintraub, who was born in Cuba and raised in Miami, said the city has become a very exciting place to live. Although South Florida remains a popular place to retire, because of the quality of life youre seeing in Florida and because of the tax structure you have, people in the prime of their lives are moving here permanently, she said. 11 Isaac Perlmutter, 74 $4.0 billion Palm Beach. Steve Savor Hockey Stats and Profile at hockeydb.com Steve Savor Right Wing -- shoots R Born Jul 1 1988 -- Cooper City, FL [34 yrs. Businesses succeed mostly because the owner, the founder, takes an interest in everything, every little detail, especially in the beginning when its a baby. How he made his money: Acquired control of a Miami company that became an industry leader. But as studies indicate, many are cautious about borrowing the capital required to catapult their businesses into exponential growth. 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. 10 $35.9 million 5004 N. Bay Road, Miami Beach. The story: Donald Trump, 68, who made much of his fortune in the New York City real estate market, has referred to Florida as his second home. In Tampa, the real estate firm head gives to local causes, including supporting the Brooks-DeBartolo Collegiate High School. Blavatnik is a part-time resident of South Florida, with a primary residence in London, but he is likely to have a permanent impact on the redevelopment of South Beach. The story: New York City native Richard LeFrak, 69, has lifted his familys real estate development business to new heights. Huizega said in an email exchange that he advises people starting their own business to surround yourself with great people. It employs 3,000 in Florida. In 2013, Arison ended his 34 years as CEO of the Carnival cruise line business he had built into its leviathan scale after taking over from its founder, his father, Ted. As a result, some senior women then leave to become entrepreneurs. The Boston Red Sox have won three World Series championships (in 2013, 2007 and 2004) under Henrys ownership. The vast majority of Steve Ballmer's net worth is derived from his 333. 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. Braman bought the Philadelphia Eagles franchise of the National Football League in 1985 and sold the team in 1994. He endured some big losses along the way. The majority of students attend on financial aid. How he made his money: Built the frozen food products business his father started. Although Rockstar plays third fiddle to Monster and Red Bull in the energy drink game, its made him plenty. Cisneros Group, for example, is led by CEO Adriana Cisneros, daughter of board chairman Gustavo Cisneros. Prez built high-rise condominiums in South Beach and Sunny Isles Beach. SteveWillDoIt has an estimated net worth of about $2.55million. 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. In 2006, Rich became chairman of the board of Rich Products Corp. after the death of his father, and his wife, Melinda Rich, became vice chairman. The doctor and health care entrepreneur is also among the few on our list whos self-made and who made his money in Florida. He graduated Penn State in 1973 with a bachelor of science degree and got his first job with Getty Oil Co. in Victoria, Texas. This story was originally published October 11, 2014, 8:00 PM. Lets move the business entirely, Navas says. According to Forbes magazine, Olenicoff has been preparing his daughter Natalia Ostensen to take over the management of Olen Properties. The five-bedroom, five-bath unit has 8,273 square feet and a roof deck with an outdoor pool. How he made his money: Investing in undervalued companies and sometimes acquiring them and operating them more profitably than the previous management. The next day, no doubt too early for many of Schwarzmans partygoers, young Jennifer Gates takes to the saddle as What Have You Done For Me Lately? plays over the arena speakers. 8 $39.5 million 321 Ocean Drive, Miami Beach. That makes him the 75th richest man in America. Ortega has been buying trophy properties in trophy cities around the globe. Prez initially got rich from the construction of rental apartments then got richer as the nations busiest builder of luxury condominium towers. His firm has an office in Palm Beach but its headquarters remains in Connecticut. The child of Russian immigrants, he studied corporate finance and mathematics at Southern Cal and eventually bought a 16- unit duplex that began his vast real estate company. He was born and raised in Carbondale, Pennsylvania. Ansin not only renamed the station but reinvented the delivery of local TV news in terms of faster pacing, grittier content and more a greater number of hours per a day devoted to local news. He contributed $40 million in cash and art to the old Miami Art Museum, now known as Prez Art Museum Miami, or PAMM, located in a new home on Biscayne Bay that opened in December 2013. The Best Buy founder has a foundation that last year gave $10 million to the American Cancer Society and is very active in his native Minnesota. I believe in diversification in every possible way.. By the end of the 1980s, Subway had locations in Puerto Rico, Canada and the Bahamas. Its asset protection laws are stronger. 6 Dirk Ziff, 52 $4.8 billion North Palm Beach. Besides, he has engaged himself with other activities like piloting. Carl Icahn, 80 $16.9 billion, Indian Creek Village. $40 Million. His hands-on investment in Sears has produced disappointing results. The company went public in 1987, raising $400million for expansion, and by 1989, Arison had engineered Carnivals acquisition of Holland America Line. The move also signified the companys increased investment in Florida, where they have Florida Distributing, which supplies 6,000 retailers in central Florida with domestic, import and craft beers, and Pompano Beach-based wholesaler Gold Coast Beverage Distributors in south Florida, the largest beer distributor in Florida and one of the top 10 in sales nationally. A $1 rise in RJFs stock is a $14.7 million gain for James.) 21 J. Christopher Reyes, 63 $2.8 billion Hobe Sound, 22 M. Jude Reyes, 61 $2.8 billion Palm Beach. ESL Investments Inc. is in Bay Harbour in northeast Miami-Dade County. Talent will not; nothing is more common than unsuccessful men with talent. He and wife, Mei Sze, founded an innovative private, pre-K-8 school in West Palm Beach with a student-teacher ratio of 2-to-1. On its website, the company calls itself the founder of the non-dairy segment of the frozen food industry. According to the website, the late Robert E. Rich Sr., founded the company in 1945 after he discovered that a soya bean substance could be frozen, thawed and whipped to serve as a vegetable-based replacement for whipped cream. Richs Whipped Topping was the first in a line of non-dairy foods that Rich Products introduced, including Coffee Rich, the nation's first frozen non-dairy creamer, which first appeared on supermarket shelves in 1959. He has a concentrated equity investment style, making big bets on relatively few stocks that most investors avoid. The key take-away from the list is this: It requires more money gobs more to make and keep a place on the list. Our labor will continue to go up; our technological superiority gap will continue to narrow with other countries, particularly China and Russia. His fortune is up $200 million in four years. Its real estate subsidiary New Valley LLC owns a majority of high-end residential property agency Douglas Elliman. The gender pay gap is actually increasing again, said Penny Shaffer, South Florida region president for Florida Blue and former chairwoman of the Greater Miami Chamber of Commerce. Trump began his career by working in the construction business with his father, Fred C. Trump, with whom he shared an office in the Sheepshead Bay section of Brooklyn. Oh, how the University of Florida wishes Ross hadnt transferred as a student to the University of Michigan. One was a company acquirer and builder. We also have large offices in St. Petersburg and Fort Lauderdale, as well as Miami, with over 11,300 employees in the state. He's up half a billion dollars since 2013 and lives on a $23-million, one-acre estate on Palm Beach, not far from Mar-a-Lago. The Miami Beach Senior High grad amassed a fortune in real estate with his Related Cos. And has become Michigans biggest donor, with more than $300 million given. Date of Birth: Jan 17, 1957 (66 years old) Place of Birth: Welch. Who Is Steve Savard He is an American radio personality presently working at KOLR10 news as the Lead Anchor since joining the network on May 14, 2021. Timeshare developer David Siegel in Orlando is closing in, and the Weavers in Jacksonville would be over the top if they had held onto the NFL Jaguars. Even so, hes up $700 million since 2013. The story: Edward S. Lampert, 52, founded the hedge fund company bearing his initials in 1988. Recently, we have seen an explosion of African-American entrepreneurs. The magazine also recounted in an article about the Ansin family fortune that Ed Ansin and his father paid $3.4 million in 1962 to buy a local television station affiliated with the NBC television network, then called WCKT and later renamed WSVN. Berkowitz earned a bachelor of arts degree in economics from the University of Massachusetts in 1980.