Business & Tech
Forbes 400: 7 Arizona Billionaires Among The Richest In America
The annual Forbes 400 lists the names the richest billionaires in America, including seven people in Arizona.
America’s richest keep getting richer. The wealthiest Americans on the annual Forbes 400 list grew their combined net worth by just over 2 percent from the previous year, making them worth $2.96 trillion in 2019.
Jeff Bezos, the founder and CEO of Amazon, is once again at the top of the list. His ex-wife, Mackenzie Bezos, who got 25 percent of the couple’s shares in Amazon as part of their divorce settlement, is now the 15th richest person in America, according to the list.
In Arizona, seven people were among the 400 richest in America in 2019.
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According to Forbes, the minimum net worth to qualify for the list is $2.1 billion. The average wealth of those on the list increased by $200 million to $7.4 billion, Forbes writes.
With the vast amounts of wealth in the pockets of those on the exclusive list, Forbes notes that a number of high-profile billionaires such as Kylie Jenner and Michael Jordan, didn’t even make the list.
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Here are the Arizona billionaires on the list, their net worth, industries and ranking:
Ernest Garcia II: $5.7 billion; used cars; 114
Arturo Moreno: $3.3 billion; billboards, Anaheim Angels; No. 261(tie)
Mark Shoen: $3.3 billion; U-Haul; No. 261 (tie)
Bennett Dorrance: $2.8 billion; Campbell Soup; No. 306
Bob Parsons: $2.7 billion; web hosting; No. 319 (tie)
E. Joe Shoen: $2.7 billion; U-Haul; No. 319 (tie)
Ernest Garcia III: $2.3 billion; used cars; No. 363
The top 10 richest people in America for 2019 are:
Jeff Bezos: $114 billion
Bill Gates: $106 billion
Warren Buffett: $80.8 billion
Mark Zuckerberg: $69.6 billion
Larry Ellison: $65 billion
Larry Page: $55.5 billion
Sergey Brin: $53.5 billion
Michael Bloomberg: $53.4 billion
Steve Ballmer: $51.7 billion
Jim Walton: $51.6 billion
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