Ever heard the name of the richest Floridian? - S. Florida Business & Wealth

Ever heard the name of the richest Floridian?

There are a number of billionaires in South Florida that you might have heard of such as Micky Arison, Phillip Frost and Wayne Huizenga, but a Palm Beach resident dwarfs them all in wealth.

His name is Thomas Peterffy and Forbes ranks him the 47th richest billionaire in the world, with a net worth of $20.3 billion.

You might know Peterffy if you are a sophisticated investor because he is the CEO  of Interactive Brokers, a company he founded in 1993.

Peterffy is self-made when it comes to his wealth. At the age of 21, he arrived in the U.S. in 1965 as the penniless descendant of Hungarian aristocrats who lost nearly everything to the Soviets, Forbes reports.

The other Floridians on the list:

Rank Net Worth $M Display Name Origin Of Wealth
47 20300 Thomas Peterffy discount brokerage
138 11000 David Tepper hedge funds
154 9700 Micky Arison Carnival Cruises
217 7200 Shahid Khan auto parts
321 5600 Charles Johnson money management
372 5200 Robert Rich Jr frozen foods
404 4900 Reinhold Schmieding medical devices
422 4800 Dirk Ziff investments
441 4700 J. Christopher Reyes food distribution
441 4700 Jude Reyes food distribution

Leading the overall list is centi-billionaire Jeff Bezos, who seized the top spot for the first time. The Amazon guru has a fortune of $112 billion, up $39.2 billion from 2017, the biggest one-year gain ever.

Bill Gates, who has been the richest person in the world for 18 of the past 24 years, drops to No. 2 on the Forbes’ billionaires list. Gates has a fortune of $90 billion, up from $86 billion last year.

This is the biggest gap (in dollars) between the top 2 spots since 2001.

Warren Buffett, worth $84 billion, falls to the No. 3 spot. His net worth increased from $75.6 billion in 2017.

Bernard Arnault, with a fortune of $72 billion, ascends 7 spots in the ranks to No. 4.  Thanks to his $30.5 billion gain in the past year, Arnault is the richest person in Europe for the first time since 2012.

Rounding out the top five is Facebook’s Mark Zuckerberg, worth $71 billion.  Spanish clothing retailer Amancio Ortega (best known for the Zara apparel chain) in at No. 6, drops out of the top 5 for the first time since 2011. Ortega’s net worth is $70 billion, a $1.3 billion decrease from 2017.

For the complete list, visit:  www.forbes.com/billionaires

Here are some fun facts about the Forbes list:

  • 2,208 billionaires (up from 2,043 in 2017) made the list, with an average net worth of $4.1 billion, a record high.
  • The total combined net worth of this year’s billionaires was $9.1 trillion, up from $7.7 trillion last year.
  • 1,490 members are self-made billionaires, up from 1,371 in 2017.

You May Also Like
TBC Corporation Names Ron Harper New Chief Supply Chain Officer

 TBC Corporation (“TBC”), a leader in the mobility industry and one of North America’s largest marketers of automotive replacement tires through wholesale and franchise operations, today announced the appointment of Ron

Read More
Smiling man wearing a navy blue suit jacket over a white dress shirt, standing against a plain white background. South Florida Business & Wealth
Holy Cross Health Names Jason Boren Its New COO

Jason Boren will join Holy Cross Health as its new Chief Operating Officer (COO), effective July 6. He brings more than 15 years of progressive health care and team leadership

Read More
A man with short light brown hair, a trimmed beard, and glasses is wearing a blue suit, a white shirt, and a blue patterned tie. He is smiling and posed against a light blue background. South Florida Business & Wealth
Fort Lauderdale DDA, City of Fort Lauderdale Partner to Plan a New Park

  The Fort Lauderdale Downtown Development Authority (DDA) and the City of Fort Lauderdale have entered into a Memorandum of Understanding (MOU) to jointly begin planning efforts to create a downtown park at the

Read More
Introducing Charitable

Each year, Broward’s most committed philanthropists shape the region in ways that rarely make headlines. Charitable brings their work into focus. Published annually by Lifestyle Media Group, it is the county’s only guide to

Read More
A woman in a gold patterned suit stands smiling in front of a wall with martini glass designs. The magazine cover reads, "Charitable: Guide to Giving & Gratitude" and "Inspired to Make a Difference. South Florida Business & Wealth
Other Posts
Treat Dad to a Fantastic Father’s Day Meal

Forget the tie — take dad to one of these restaurants offering special Father’s Day menus Diplomat Prime Treat dad to dinner at Diplomat Prime at Signia by Hilton Diplomat Beach Resort,

Read More
Sliced medium-rare steak with a charred crust, topped with coarse sea salt, served on a dark plate with a garnish of greens and a roasted tomato. South Florida Business & Wealth
Sales Begin at 619 Brickell by Nobu, Foster + Partners

13th Floor Investments and Key International today announce the official launch of sales for 619 Brickell by Nobu · Foster + Partners, marking Nobu’s first-ever residential project in Miami. The

Read More
Luxury infinity pool and hot tub on a modern terrace overlooking the ocean, surrounded by lush plants and contemporary architecture, with a glass railing and a clear sky at sunset. South Florida Business & Wealth
Duty, Leadership, and the Long View 

 A veteran physician reflects on leadership, responsibility, and patient care beyond the clinic.  Atif M. Hussein, M.D., Medical Director and Program Director of the Hematology/Oncology Fellowship Program at Memorial Cancer

Read More
A smiling man in a white doctor’s coat and navy blue tie stands against a light background. The coat has embroidered text and a heart logo on the chest. South Florida Business & Wealth
All Flights Cancelled 

Spirit Airlines ceased all operations on May 2nd. What comes next?  For 34 years, Spirit was one of air travel’s most talked-about airlines. Known for budget flights with few included

Read More
Close-up view of a modern jet engine turbine attached to a yellow airplane, parked on an airport tarmac under a blue sky. South Florida Business & Wealth