The newspaper also reported that DeLuca, a Fort Lauderdale resident, spends most of his time traveling to visit Subway franchisees and has no plans to retire.. She immediately rides a jumpoff, again without flaw, but her time leaves her in 13th. Prez and Ross developed City Place, a mixed-use downtown landmark in West Palm Beach. In 2010, oil industry giant Royal Dutch Shell paid $4.7 billion for the assets of East Resources, including land in the so-called Marcellus Shale. Its not just that theyre coming to live in a nice home and retire.. Miller was cautious in assessing Lennars prospects on the companys Sept. 17 conference call with analysts to discuss second-quarter financial results. glasfiberpool installation. After studying at Pitt and Carnegie Mellon, Tepper eventually made his way into high-yield trading at Goldman Sachs before starting his own hedge fund firm, Appaloosa Management. The big Penn State donor has his primary residence near Boca Raton, but his heart looks northward. In Florida, he has supported Ave Maria University, whats now called the Golisano Childrens Museum of Naples and the Golisano Childrens Hospital of Southwest Florida. 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. LeFrak also invested in the remains of the former Corus Bank of Chicago, which counted many South Florida developers among its loan clients before the crash. Rich Jr. was an accomplished hockey player at a preparatory school in Buffalo and at Williams College, where during his senior year he was co-captain of the schools hockey team. The wonder is that more rich people dont move here. 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. Many of these 25 success stories are familiar to the South Florida public, including longtime locals Miami Heat owner Micky Arison, the CEO of cruise giant Carnival; serial entrepreneur H. Wayne Huizenga; and activist and auto dealer Norman Braman. Huizega said in an email exchange that he advises people starting their own business to surround yourself with great people. (He reportedly donated $3 million to Bushs political action committee.) Braman credits nonstop business reinvestment for his success in the automotive retailing industry. The Palm Beachers on the list have a combined net worth of $261.8 billion, according to the Forbes data. Young people going into business must not be afraid to fail but must pay close attention to every detail of their enterprise, LeFrak said. In August, Frost led a group that invested in preferred shares of Drone Aviation Holding Corp. in Jacksonville. 19, with a net worth of $41.2 billion (up from 2018). 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. Steve Harvey Net Worth | Celebrity Net Worth I have seen the transition and the maturation of the Miami market. Besides, he has engaged himself with other activities like piloting. Braman bought the Philadelphia Eagles franchise of the National Football League in 1985 and sold the team in 1994. Steve Young's Net Worth (Updated 2023) | Wealthy Gorilla 21 J. Christopher Reyes, 63 $2.8 billion Hobe Sound, 22 M. Jude Reyes, 61 $2.8 billion Palm Beach. By the end of the 1980s, Subway had locations in Puerto Rico, Canada and the Bahamas. Still, the rarified heights of the uber-wealthy may yet include more women and people of color. 18, Chinas Wang Jianlin, touches Florida through his Kansas Citybased AMC Theatres chain and owns Tampa-based World Triathlon, the organizer of Ironman triathlons. A Cuban immigrant, Prez was economic development director of the city of Miami before he became a developer. The five-bedroom, five-bath unit has 8,273 square feet and a roof deck with an outdoor pool. Steve Savor Hockey Stats and Profile at hockeydb.com 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. Steve Wynn - Net Worth: $3.2 Billion Casino owner, real estate developer, and art collector Steve Wynn has overseen the development of some of the country's most popular entertainment venues, including the Golden Nugget, Golden Nugget Atlantic City, Treasure Island, the Bellagio, and The Mirage. Its developments include adjacent Vero Beach golf resorts Grand Harbor and Oak Harbor. 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. The story: Charles B. Johnson, 81, retired in June 2013 as chairman of the board of Franklin Resources Inc., a San Mateo, California-based money management company doing business as Franklin Templeton Investments. 7 $43 million 3085 Munroe Drive Coconut Grove, Miami. 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. For me, it has been very successful, Frost said. After graduating from Scranton Preparatory School, he enrolled at Penn State University with a major in mathematics, but to stay in school he got a scholarship to enter the university's petroleum and natural gas engineering program a decision that set him on a rewarding path in the oil and gas industry. Become a member to support the independent voice of South Florida 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. 10 $35.9 million 5004 N. Bay Road, Miami Beach. My wife and I have been coming to Florida periodically all our lives, and in 2012, we became permanent residents, Johnson said in an email exchange. ). At the time, Weiner offered it for charter. Opko is doing extremely well, Frost said in the Sept. 8 phone interview. His 1987 autobiography, The Art of the Deal, has sold more than 3 million copies. 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. Full Name. Her water tanks store around 4,550 Litres of fresh water. Ortega has been buying trophy properties in trophy cities around the globe. It has 1,200 feet of beach frontage, 1,300 feet on the Intracoastal and a furnished, air-conditioned tunnel running under A1A connecting the main house to guest houses. 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. According to trade publication Automotive News, Braman owned the nations 27th-largest auto dealership group in 2013: His 14 dealerships last year sold about 32,000 vehicles and collected $1.68 billion in total revenue. The Spring-steens have a place, as do the Bloombergs and throngs of less well known but well-off others. These incidents, including the associated negative publicity, have resulted in lower cruise ticket pricing from prior levels. His fortune is up $200 million in four years. How he made his money: Led the development of Waste Management and Blockbuster Entertainment, often via business acquisitions. You have to show up all the time. The key take-away from the list is this: It requires more money gobs more to make and keep a place on the list. He is the chairman, president, CEO and principal shareholder of a multibillion-dollar distribution business. The story: Carl Icahn, 78, is a Wall Street titan with an activist approach to investing and impressive staying power. 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. Dunker bought it for $16.5 million in 2008. 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.
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