8 Billionaires From MI Among Richest Americans: New Forbes List

MICHIGAN — Billionaire Daniel Gilbert is the wealthiest person in Michigan, according to The Forbes 400, an annual ranking of America’s super rich released Tuesday.

Overall, the 400 richest billionaires in America are worth $4.5 trillion, tying a record set in 2021. Overall, they are about $500 billion richer than they were a year ago, in large part because of rebounding stock markets and an AI-driven tech boom, Forbes said.

Billionaires had to have a net worth at least $2.9 billion to be included on the prestigious list, up from $2.7 billion a year ago. Forbes said its net worth calculations use stock prices from Sept. 8.

Gilbert, 61, cofounder of Quicken Loans, the richest person in Michigan is worth an estimated $21.3 billion, making him the 34th richest person in the nation.

Other Michigan billionaires who made the cut:

Ronda Stryker, 69, medical equipment, $7.4 billion

Mat Ishbia, 43, mortgage lender, $6.7 billion

Doug Meijer and family, 69, supermarket, $5.3 billion

Hank Meijer and family, 71, supermarket, $5.3 billion

Mark Meijer and family, 65, supermarket, $5.3 billion

Marian Ilitch, 90, Little Caesars Pizza, $4 billion

Roger Penske, 86, cars, $4 billion

Tesla and SpaceX founder Elon Musk, owner of the social media platform X, tops the list for a second year with an estimated net worth of $251 billion — $90 billion richer than Amazon founder Jeff Bezos, and No. 2 on the list, and $93 billion ahead of Oracle software development company founder Larry Ellison.

Forbes also tracked the charitable giving of every member of The Forbes 400, and scored each person on a scale of 1 (those who have given less than 1 percent of their wealth away so far) to 5 (those who have given at least 20 percent). The richest people in America are, so far, not all that generous. Two-thirds of them have given less than 5 percent of their wealth away so far; only 11 have donated 20 percent or more.

Read more about Forbes’ methodology.