Among its businesses are a copper mine and a regional railroad, plus stakes in two diamond mines. Do you think you're the richest person in Kentucky? Gustavson is the largest shareholder of Public Storage, which her billionaire father cofounded in 1972. Griffin founded and runs Citadel, a Chicago-based hedge fund that manages $32 billion in assets. Read More. Read More. Sanford owns First Premier Bank, which specializes in offering credit cards to high-risk borrowers and is one of the largest issuers of Visa and Mastercards. He put in the seed funding for the company and now owns 88% of the business, which has revenues north of $9 billion. He also was an usher at O.J. Knight, who ran track at the University of Oregon, started the predecessor to sports apparel giant Nike with his former track coach Bill Bowerman. B. Wayne Hughes’ Spendthrift Farm announced reduced stud fees for most of its current roster of stallions set to stand at the Lexington-based farm in 2021. Wayne Hughes, worth around £2.3bn, operates at the Spendthrift Farm in Lexington, Kentucky. Bradley Hughes is … Related: Here are the highest and lowest median household income ZIP codes in Kentucky. Zuckerberg started Facebook at Harvard in 2004 at the age of 19 for students to match names with faces in class.He took the social media giant public in May 2012; three years later, he pledged with his wife Priscilla Chan to give away 99% of their stock in their lifetimes. Read More. Net worth: US$2.3 billion (March 2020) Children: Tamara Gustavson B. Wayne Hughes, Jr. Justice is the governor of West Virginia and the state’s only billionaire. Read More. A big donor to Jewish causes and the Republican party, Adelson also owns the Las Vegas Review-Journal. We are The Breeders' Farm. Read More. She previously served as the company's vice president and is its largest shareholder with an 11% stake. Read More. Hours One of the richest men in sports, Anschutz owns the L.A. Kings, the L.A. Galaxy, over a quarter of the Lakers, and the Staples Center (home to both the Lakers and the Kings). Read More. Mars is a great-granddaughter of Frank Mars, who in 1911 founded the candy company known for M&Ms and Milky Way bars. 383 SOURCE OF WEALTH: SELF STORAGE. A prolonged slump in energy stocks made Harold Hamm, the founder and CEO of oil and gas company Continental Resources, the biggest percentage loser of the year; his fortune fell 40% to $11.8 billion. I've been a reporter at Forbes since 2016. Read More. The museum features works from the likes of Andy Warhol, Norman Rockwell and Mark Rothko. Historical names including Nashua, Raise A Native, Affirmed, and Seattle Slew and current household names including Malibu Moon, Into Mischief, and Beholder have passed th 717 on the list is B. Wayne Hughes of Lexington, with net worth of $2.8 billion. Bloomberg cofounded financial information and media company Bloomberg LP in 1981. Read More. Garcia is the biggest shareholder of Carvana, an online platform for selling used cars and making auto loans that his son Ernest Garcia III founded. The Cargill and MacMillan families are no longer involved in management, but together they still own roughly 90% of the company. Walton is the youngest son of Walmart founder Sam Walton. Therefore, she takes the proactive step of “gifting” $500,000 of a non-qualified savings plan into the DAPT. A one-time heavy crane operator, Washington parlayed an early love of machinery into a diversified business group called Washington Companies. LAST YEAR: $4.6 Billion. Hughes was the founder of Public Storage, America’s largest self storage company. Read More. He borrowed $250 from his wife to start a real estate company in 1952, first selling homes for developers then became a builder. Profiling the world's richest and their businesses. Read More. MacMillan Keinath is believed to be the largest shareholder of Cargill, the biggest private company in America. Millennium Private Wealth opened its doors in March of 2016 on Daniel Island, SC. Adelson, the chairman and CEO of Las Vegas Sands, owns more than half of the $14 billion (revenue) gambling empire that spans the U.S. and Asia. For the richest in state package, we update the net worths of the billionaires we are constantly tracking to make sure we have the latest figures. According to an annual list published by Forbes on Wednesday, Tamara Gustavson is the wealthiest person in the Bluegrass State with a net worth of $5.7 billion. Read More. The richest person in the world, Bezos is the founder and CEO of e-commerce giant Amazon, which pulled in $230 billion in revenues and $10 billion in net profit in 2018. He also owns Citadel Securities, one of Wall Street’s biggest market makers. She inherited her estimated 8% stake in Mars Inc. after her father Forrest Mars Jr. died in 2016. Rock Your World –… [more] Chase made his fortune in the Permian Basin oil fields in Texas and New Mexico. They also oversee an Alaskan military housing development and hotels in both Alaska and the continental United States. Gustavson, 57, is the daughter of B. Wayne Hughes, the founder of the self-storage company Public Storage. ... Ky., thoroughbred stallion farm, Spendthrift Farm, which has had some horses compete in … Hotelier Gary Tharaldson, who has been North Dakota’s richest person since 2015, finally reached the three-comma club, making him the first (and only) billionaire from his home state. Read More. At one stage of his career, the American was CEO of 18 separate Real Estate Investment Trusts (REIT) that eventually became one. Her great-grandfather, W.W. Cargill, founded the business as a single grain warehouse on the end of an Iowa railroad line in 1865. The conglomerate owns stakes in dozens of international brands, including hygiene and home products giant Reckitt Benckiser and beauty company Coty. He parlayed a $50,000 investment into a fortune worth billions. Authentic with Derby saddlecloth, halter, and Horse of the Year trophy Eclipse Award scenes at Spendthrift Farm near Lexington, Ky., on Dec. 22, 2020. Shaw, then spent two years working for Amazon before starting his own firm with fellow billionaire David Siegel in 2001. Lerner owns 20 million square feet of commercial and retail space, plus hotels and apartments, primarily in the Washington, D.C., area. To check out the full list, you can go to forbes.com/forbes-400. In The Jockey Club’s Report of Mares Bred, 42 stallions covered more than 140 mares in 2020. In 2004, Hughes took a rare departure from his modest lifestyle by splashing out a reported $6 million on Spendthrift Farms, a thoroughbred racehorse breeding farm in Lexington, Kentucky. Before that, I spent a year on the road—driving for Uber in Cleveland, volcano climbing in Guatemala, cattle farming in Uruguay, and lots of stuff in between. Founded 1937, Spendthrift Farm is the largest thoroughbred breeding farm in North America. Read More. At No. His Anschutz Entertainment Group operates more than 100 arenas and concert venues worldwide. In 1993, Harold sold the company to Warren Buffett’s Berkshire Hathaway for $420 million in stock; the shares are now worth billions of dollars. The purchase was the culmination of Hughes’ longtime interest in horse racing; a passion which started in 1972 when he bought his first thoroughbred racehorse. B. Wayne Hughes founded Public Storage in 1972, and is today he is the wealthiest person in Kentucky with an estimated net worth … Spendthrift Farm press release June 3, 2020 11:20pm Photo: Eclipse Sportswire B. Wayne Hughes’ Spendthrift Farm has acquired a majority ownership interest in the undefeated 3-year-old colt Authentic , who is set to go postward as the likely favorite in Saturday’s Santa Anita Derby (G1). Gilbert cofounded what would become Quicken Loans, America’s largest online mortgage lender, in 1985. All Rights Reserved, This is a BETA experience. Owner(s): Spendthrift Farm ... and has an estimated net worth of $2.2 billion. The company breeds, trains, and races thoroughbreds on two continents. Bradley Hughes net worth: Bradley Wayne Hughes is an American billionaire entrepreneur who has a net worth of $2.4 billion dollars. The only other Kentuckian to be on Forbes' list of the 400 wealthiest American is Gustavson's father, who is No. We are currently the home to champions including Malibu Moon, Into Mischief, Vino Rosso, and Beholder. Net Worth: $6.6 Billion. His parents started the business in their Bloomington, Indiana, apartment in 1963; Cook took over after his father’s death in 2011. Read More. Read More. Read More. Tamara Hughes Gustavson. Millennium Private Wealth is associated with Wells Fargo Advisors Financial Network, one of the most highly respected financial institutions in the world. He’s better known as “the Yella Fella,” his cowboy alter-ego who appears in the company’s TV commercials. Read More. Knight, who later bought out his partner, ran the sports giant for 52 years. “Breeders are the backbone of our industry, and the bottom line is that stud farms only go as breeders go. Sixteen of the 42 stood at one of the three farms. Providence has invested in more than 180 companies—many in the media, communications, education and information industries—including Hulu and the Ironman triathlon. In 2011 she opened the Crystal Bridges Museum of American Art in her hometown, Bentonville, Arkansas. He and his wife, MacKenzie, are divorcing after 25 years of marriage. Read More. Age: 84. Yet when most hedge funds lost money in 2018, the biggest hedge fund of Ken Griffin’s Citadel returned 9.1%, boosting Griffin's net worth 30% to $11.7 billion—making him the biggest gainer. She has focused on curating art, rather than working for Walmart like her siblings, Rob and Jim. He sat on Walmart’s board for more than a decade before yielding the seat to his son, Steuart, in June 2016. Spendthrift Farm is a thoroughbred race horse breeding farm and burial site in Lexington, Kentucky currently owned by B. Wayne Hughes.It was founded by Leslie Combs II and named for the great stallion Spendthrift, who was owned by Combs' ancestor, Daniel Swigert of Elmendorf Farm.Spendthrift was the great-grandfather of Man o' War.. Read More. Rane is the founder and CEO of Great Southern Wood Preserving, which makes decks, fences and other treated lumber products. The thirteenth child of Oklahoma sharecroppers, Hamm picked cotton barefoot as a child and started working at a gas station at age 16 to support his family. He began his career at quantitative hedge fund D.E. He first cofounded Marbob Energy, which offered pumping services to well owners, then struck out on his own with Mack Energy Corp. in 1988. Read More. In 2004, he purchased historic Spendthrift Farm in Lexington, Ky., where he breeds racehorses.Hughes has an estimated net worth of $2.4 billion and is a major donor in national politics through his involvement with American Crossroads. Gayle Benson Siblings Gore and Snyder each have stakes in W.L. Courtesy of Great Southern Wood Preserving. For the fifth year running, Forbes combed through fortunes across the country to locate the wealthiest resident in every state. Estimated net worth: $2.8 billion. Read More. Today Albaugh is a multibillion-dollar international company. Read More. An active philanthropist, Sanford has so far given away more than $1.6 billion to charity. Yet he’s had a hard time paying the bills: Since 2016, he's been hit with over $10 million court-ordered penalties and $13 million in tax-related liens. Koch is the chairman and CEO of Koch Industries, a $110 billion (revenue) conglomerate that makes everything from Dixie cups and Brawny paper towels to fertilizers and air bag fibers. Today L Brands has over 3,000 stores worldwide. However, big tech is the source of the most massive fortunes: Its four billionaires together are worth $251 billion, accounting more than one fourth of the total combined wealth. In all, 53 billionaires and centimillionaires made the ranks (three states had ties). The Public Storage heiress lives on Spendthrift Farm, her father’s racehorse breeding farm. Overdeck is the cofounder of Two Sigma Investments, a data-driven hedge fund that manages $57 billion in assets. Her current net worth is about $2 million. His company owns more than 60 companies, including Geico, Duracell and Dairy Queen. An alumna of the University of Southern California, Gustavson is married with two children. He also co-owns resort properties in southern California and Mexico, and is the founder of First Look Media, the parent company of online news site The Intercept. Omidyar founded online auction firm eBay in 1995 and now serves on its board. He was a national finance co-chair for Mitt Romney’s two presidential bids. She resides in Lexington at Spendthrift Farm, the racehorse breeding farm that is home to 2017 Preakness Stakes winner Cloud Computing. These days he’s busy with a second career of philanthropy and early venture investing; he and AOL cofounder Steve Case recently invested alongside one another in edtech startup Knowledgehook. And the 16 bred 1,088 mares over the 140-mare limit. Read More. Id. In 1972, driving along a Texas road, Hughes noticed a self-storage warehouse loaded to capacity, thought about the concept, and founded Public Storage. For more information about Spendthrift Australia stallions, or our breeding programs available in 2021, Garry and Josh are available to help. Albaugh owns 100% of the company and has a fortune estimated at $1.5 billion. Nelson is the founder and CEO of Providence Equity Partners, the private equity firm he started in 1989. 306 on the list with a net worth of $2.8 billion. The richest person in Kentucky has a net worth of $5.7 billion The Millers also purchased NBA’s Utah Jazz in 1986 for $22 million; the team is now worth $1.4 billion, according to Forbes. Its products are now used by more than 83,000 organizations around the world, and it generates over $3.2 billion in annual revenue. Read More. Mr. Hughes is the founder of Public Storage and owns the fabled Spendthrift Farm in Lexington, Kentucky. One scenario of how DAPT operates is the non-equity partner in a law firm. Net Worth: $2.7 billion . Read More. We are proud to share our rich history with our guests. CHANGE: +43%. Kennedy's grandfather, James M. Cox, founded Cox Enterprises in 1898 when he purchased the Dayton Evening News. Email me at jwang@forbes.com, I've been a reporter at Forbes since 2016. Their collective $875 billion net worth bested last year’s $832 billion and set a new record. It’s a subsidiary of DriveTime Automotive, the nation’s fourth-biggest used car retailer, which the older Garcia founded and runs. She took over from her father, Edward Johnson III, in 2014 and has worked full-time for the company since 1988. German heiress, and now U.S. citizen, Reimann-Ciardelli sold her stake in the family’s Luxembourg-based investment firm, JAB, to other family members in 2003. Louisiana. The fracking pioneer runs Continental Resources, one of the nation’s biggest independent oil companies. Read More. Despite his advancing years, he's now 87, he's still very involved in the business. 114 richest person in the United States. Read More. Read More. He is known for incentives and programs aimed at helping the breeder, whom he refers to as “the backbone of our industry.” + Eric Gustavson President Eric came to Spendthrift… Zucker is the CEO of InterTech Group, a private, family-owned chemicals manufacturer founded by her husband, Jerry Zucker (d.2008). Read More. Read More. Feel free to reach out at nkirsch@forbes.com with any story ideas or tips, or follow me on Twitter @Noah_Kirsch. § 230.501(a)(5). Gustavson is also the chairwoman of the board of another of her father's companies, American Homes 4 Rent, a publicly traded real estate investment trust focused on single-family rental homes. Miller and husband Larry (d. 2009) turned a single Toyota dealership into a $5.1 billion (estimated revenue) operation with 64 dealerships. Please see bio #2 … He became fascinated with seeds as a boy and started off working in his father’s soybean cleaning business. The top industry to be in is finance and investments (10 list members), followed by fashion and retail (8 members) and food and beverage (5 members). He also owns more than 500,000 acres of timberland in his home state. Read More. While some states are home to multiple high-profile billionaires—the world’s richest and second richest men, Jeff Bezos and Bill Gates, both live in Washington—you only need a nine-figure net worth to take the top spot in Alabama, Alaska, Delaware, New Hampshire, New Mexico and Vermont. He started playing the markets at age 12, getting tips from golfers while he worked as a caddie, then launched Bridgewater from his two-bedroom New York City apartment in 1975. Resides: Lexington. I graduated from Tufts University with a dual degree in international relations and Arabic. He also owns a massive aquifer in Arizona and a North Dakota ethanol plant. Though Frist Jr. no longer holds an executive position at the public company, which owns and operates 179 hospitals and 119 surgical centers, his two sons are board members. He also owns stakes in NBA’s Timberwolves, WNBA’s Lynx and Minneapolis Star Tribune, which he bought in 2014 for about $100 million. Gayle is the widow of Tom Benson, the former owner of NFL’s New Orleans Saints and NBA’s New Orleans Pelicans (d. March 2018). We then spend a significant amount of time hunting for the richest centimillionaires in the states with no billionaires. Hughes, Spendthrift has a fortune created by their father, Harold,. Cleveland, volcano climbing in Guatemala, cattle farming in Storage company 2011 she opened Crystal! Who started Dexter Shoe Co. six decades ago in assets law firm Bred 1,088 mares over the limit. The factory to over 1.5 million consumers every month through its online store Co. six ago! 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