Maryland Boasts 9 Billionaires on List of World’s Richest People
LANHAM, Md. (CBSDC) — Some of the world’s richest people live in Maryland, according to a new list of international billionaires.
The annual list released by Forbes magazine ranks the world’s wealthiest people who have a net worth of at least $1 billion. This year’s list includes 1,645 people with a combined net worth of about $6.4 trillion.
Nine of those billionaires call Maryland home.
Ted Lerner is the highest-ranking Marylander on the billionaires list at No. 354. The Washington Nationals owner, who lives in Chevy Chase, made most of his money as a real estate developer and has a net worth of $4.2 billion.
Mitchell Rales, of Potomac, ranks No. 396 on the list with a net worth of $3.8 billion. The 57-year-old Rales made his fortune from the manufacturing company Danaher Corp., which he co-founded with his brother Steven.
David Rubenstein, the co-founder and co-CEO of the Carlyle Group, ranks No. 520 on the list and has a net worth valued at $3.1 billion. The 64-year-old Rubenstein lives in Bethesda and previously served as an official with the Carter administration.
Kevin Plank, the chairman and CEO of Under Armour, ranks No. 731 on the list with a net worth of $2.4 billion. The 41-year-old former University of Maryland football player lives in Lutherville.
Richard Marriott ranks No. 764 on the list with a net worth valued at $2.3 billion. The 75-year-old Potomac resident has run Host Hotels & Resorts since 1993, the year he and older brother Bill spun the company off from their family’s Marriott International.
Bernard Saul II, of Chevy Chase, made his fortune in banking and real estate. His companies own real estate throughout the D.C.-Baltimore region, including the luxury Hay-Adams Hotel across the street from the White House, and he also founded Chevy Chase Bank, which he sold to Capital One for $476 million in 2009. His net worth is $2.3 billion and he ranks tied with Marriott at No. 764 on the list.
Steve Bisciotti, owner of the Baltimore Ravens, has a net worth of $2.2 billion and ranks No. 796 on Forbes’ list. The 53-year-old Bisciotti, who lives in Millersville, founded the world’s largest privately held staffing firm before buying into the NFL franchise.
Bill Marriott Jr. also has a net worth of $2.2 billion and ranks tied with Bisciotti at No. 796. The 81-year-old Potomac resident was CEO of the family’s hotel chain for more than 40 years before he stepped down in 2012.
Washington Redskins owner Daniel Snyder hasn’t let his team’s poor performance on the field keep him from pocketing money. The 49-year-old Potomac resident has a net worth of $1.2 billion, good enough for No. 1,372 on the list of the world’s wealthiest people.
Microsoft founder Bill Gates ranks No. 1 on the list with a net worth of $76 billion. Gates regained the top spot after a four-year hiatus and has been the world’s richest person for 15 of the past 20 years.