Aside from owning an entire street by the Palm Beach International Equestrian Center in Wellington, Bill Gates, the worlds richest man, owns or has invested in Florida farmland, in Tampas Channelside and Fort Lauderdale-based car dealer AutoNation, among others. Schmieding is among the few on our list who are entirely self-made and who made their money in Florida. . For me, it has been very successful, Frost said. Gender: All males Average age: 68 Average net worth: $4.7 billion Median net worth: $3.8 billion Oldest: 84 Youngest: 46 Immigrants: 6 Bachelors holders: 20 Advanced degree holders: 6 Never graduated college: 4 Two-year degree holders: 1 Florida natives: 0 Florida college graduates: 0 Self-made: 17, Most prevalent source of fortune: Investing: 7 Manufacturing: 5 Real estate: 4. Hes up half a billion dollars since 2013 and lives on a $23-million, one-acre estate on Palm Beach, not far from Mar-a-Lago. Led by Laurans Mendelson as chairman and sons Eric and Victor, the co-presidents of the company, Heico now has a market capitalization of $3.19 billion, way up from $25 million when they bought control of Heico in 1990. Place Of Birth. Live here at least 183 days a year. Donald Trump, 70 $3.7 billion, Palm Beach. This may in part derive from the glass ceiling that has traditionally kept female managers from rising to top management jobs, the regions relative youth and the limited number of large corporations based here. If he gets his price, investor William Dunker will set a record for a Miami Beach condo. . Another wealth indicator: Coincidental to the Trump-Clinton weekend visit in February, New York private equity firm head Stephen Schwarzman, of the Blackstone Group, threw himself a 70th birthday party at his Palm Beach estate that featured two camels, a gondolier, a fireworks show, Gwen Stefani flying in to sing him Happy Birthday and 400 guests all for a tab the New York Times estimated at $7 million to $9 million. The child of Russian immigrants, he studied corporate finance and mathematics at Southern Cal and eventually bought a 16- unit duplex that began his vast real estate company. How he made his money: Commodities trading and team ownership in professional sports. Frost is a major shareholder and a director of premium liquor supplier Castle Brands, and he is a major shareholder of Vector Group Ltd., a leading cigarette manufacturer through its Liggett Group LLC subsidiary. Steve Young's Net Worth (Updated 2023) | Wealthy Gorilla With 2013 revenue of $3.7 billion, Watsco is now the largest distributor of air conditioners, and heating and refrigeration equipment in its industry. How he made his money: Took over the family business his father founded and turned it into a media industry leader. No. He will focus his practice on advocacy, public affairs, government procurement and business startups. He earlier netted $7 billion when Access Industries liquidated its share of Russian oil production venture TNK-BP, according to Forbes. His net worth has increased $600 million in four years. Quintessential in that he moved to the Keys from a cold climate, discovered a love of fishing and now tells fishing stories. Christopher and his brother Jude sit atop Reyes Holdings, the Chicago-based beer, soft drink and food wholesaler that ranks as the nations 12th-largest private company. To charter it for a week cost the rough equivalent of four years at a private university. Steve savor net worth - fxpsf.pasiekajuliusza.pl Weintraub, who was born in Cuba and raised in Miami, said the city has become a very exciting place to live. Although South Florida remains a popular place to retire, because of the quality of life youre seeing in Florida and because of the tax structure you have, people in the prime of their lives are moving here permanently, she said. How he made his money: Automotive retailing. How reclusive? Icahn Enterprises also has property operations that give its namesake a stake in Floridas rebound from the real estate recession in the second half of the 2000s. When we started off in the car business, Cadillac was our dominant franchise. He founded Las Vegas-based beverage company Rockstar Energy in 2002. Stephen Ross, 76 $7.4 billion, Palm Beach. Pontius' current net worth is about $4 million. You really have to be devoted to it.. Publicly held Syntel has more than 24,000 employees and a market capitalization of $3.7 billion. Early life and education [ edit] The story: Bharat Desai, 61, is chairman of the board of Syntel Inc., a leading source of integrated information technology to help large companies transact business in the fields of financial services, healthcare and life sciences, insurance, manufacturing, retailing, logistics and telecommunications. Its a very diversified source of wealth compared to what youd find in Silicon Valley and other parts of the United States, said Luis Navas, managing partner of Global Governance Advisors. I had a degree of success before coming here, Braman said in a phone interview, but my great success in life has been in South Florida.. How he made his money: Started in the construction business with his father in Brooklyn, became a successful Manhattan real estate developer, diversified into book publishing and television production. He never again invested in a professional team after his nine-year ownership of the Eagles. Natural gas fracking carried Pegula to riches. But more billionaires are choosing to live here. I owe all to the openness of this community and the generosity and acceptance of the people that live here.. The son of talk radios Michael Savage, Weiner is the youngest billionaire on our list. His Ukranian-Ukrainian born father, Sidney, a successful shoemaker in Boston, went on to become a successful Florida real estate investor in the 1950s, according to Forbes. Heres one way to gauge the wealth. Ansin set Channel 7 apart in other ways as well, notably his 1989 decision to run WSVN as an independent station after losing his affiliation with the NBC network and refusing to sell the station as part of a conditional deal to affiliate Channel 7 with the CBS network. The Harvard MBA holder is founder and chairman of Access Industries, a privately held industrial group that owns businesses in natural resources and chemicals, media and telecommunications, and real estate. Steve Harvey Net Worth. Fort Lauderdale businessman Steve Savor sued Smith and his Air Lauderdale LLC in May 2010 over a $116,967 loan made eight months earlier to put on a 2010 air show. 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. LeFrak served four years as a director of BankUnited before selling his shares in the largest South Florida-based bank. The New York Times reported that Braman bought the team for $65 million and sold it for $180 million. 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. May 28, 2022 | smart planlsning fjllstuga | stamcellsbehandling rygg As of 2022, Steve Savoca's net worth is $100,000 - $1M. He succeeded his father, the late Leonard Miller, who founded Lennar in 1954, as Lennars chief executive officer in 1997, five years before his father died July 28, 2002, of liver cancer, according to the South Florida Business Journal. WSVN ultimately affiliated with the Fox Network and Ansins navigation of the affiliation transition proved a success. The Bramans also have supported Lotus House, a Miami shelter for homeless women and children, and the Greater Miami Jewish Federation, among other philanthropic organizations. I am now a huge enthusiast for South Florida, LeFrak said. The story: Miguel Mike Fernandez, 62, is chairman of a private equity investment firm in Coral Gables called MBF Healthcare Partners. Micky Arison, Miami Heat owner and Carnival Cruises CEO has the biggest moneybags in Miami with a net worth of $4.2 billion. Access has corporate offices in New York, Moscow and London. 21 J. Christopher Reyes, 63 $2.8 billion Hobe Sound, 22 M. Jude Reyes, 61 $2.8 billion Palm Beach. Florida offers them favorable tax treatment that their respective home states, Connecticut and New Jersey, didnt, Navas says. Since the 1972 startup of Carnival, Ive spent the better part of my life working in Miami and building the company from three ships to a fleet of more than 100 ships. South Florida continues to help drive our growth, he said, citing easy access to the Caribbean and the beautiful setting here.. Her water tanks store around 4,550 Litres of fresh water. Being spared jail time later became a precedent cited by other tax cheats in their sentencing hearings. Prez also has an interest in Ross Dolphins, of which hes vice chairman. Waneks impact on Florida, though, aside from furniture stores, is scant. He made it big in California betting against subprime mortgages but, now back in Florida the next Henry Flagler, the local paper dubbed him hes bought upward of $300 million in local real estate, developed a 548-unit apartment project and has sites for office, condo and hotel towers. Although South Floridas wealthiest residents have made their money through varied businesses, nearly all have benefited from hard work and inventive approaches. For most who made our list in 2013 but not this year, its not that they became impoverished. Other familiar names. They opened their first restaurant in Bridgeport, Connecticut, in August 1965 and set a goal of opening 32 more by 1975. Amazons cavernous distribution centers continue to go up in Florida, while his Blue Origin rocket company is building a rocket factory just outside the Cape Canaveral space port fence. American actor, screenwriter, producer, martial artist, and musician Steven Seagal has an estimated net worth of $14 million dollars, as of 2022. . 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. How he made his money: Real estate investments, and his acquisition and development of Heico Corp. LVMH Moet Hennessy-Louis Vuitton, chaired by the 14th-ranked world billionaire, Bernard Arnault, played a critical role in the transformation of the rundown Miami Design District into a Louis Vuitton, Prada, Cartier, Harry Winston, ultra-luxe shopping area set to blossom even more this year. Peter is an assignment reporter at Fox News who was born on July 21, 1987. They're listed by their rank on the national list via The South Florida Business Journal. You cant sit back in business; if you sit back, you fall back, Braman said in a phone interview, citing the current expansion of his flagship location just north of downtown Miami. Horses on average cost $100,000, and the festival draws more than 5,000 of them. As of May 2023, Steve Young's net worth is estimated to be $200 Million. How he made his money: Office and residential buildings in Florida, California, Nevada and Arizona. Although the standard of living in other countries will improve and thereby raise the cost of labor there, they will always be able to do it less expensively. Milwaukee, Wisconsin, United States. His private equity firm remains active in Miami-based Concordia Care, Vero Beach-based eMindful and Miami-based Strategic Health Holdings. The Boston Red Sox have won three World Series championships (in 2013, 2007 and 2004) under Henrys ownership. 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. Golisano, the founder of Paychex, said at the time the move would save him $13,800 a day. SteveWillDoIt has an estimated net worth of about $2.55million. Whats happened now is a whole different, almost sport, where people are getting into real estate in a very strong way and understanding it as a business opportunity, not just a place to live, or a second home, said Hertzberg, who markets herself as part of a team called The Jills with another Coldwell Banker agent, Jill Eber. 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. He became New Jerseys richest man and, in 2015, the richest man to leave for Florida. His investments in BankUnited and Corus Bank were successful because the timing was good, LeFrak said. vtskeersttning resorb. Public institutions including the Arsht Center for the Performing Arts, the New World Symphony performance hall in Miami Beach, the Frost Museum of Science, the Prez Art Museum Miami and the University of Miamis Miller School of Medicine have been made possible in part by gifts by the Arison and Miller families and individuals like Philip Frost, Prez and philanthropist Adrienne Arsht (who gave $30 million for the performing arts center, though her wallet isnt quite hefty as those on this list). The Ziff family owns the 33-bedroom, 16-acre estate south of Palm Beach. Steve Savor (age 62) is listed at 600 Isle Of Palms Ft Lauderdale, Fl 33301 and is affiliated with the Republican Party. The company provided IT services to 120 customers last year in the United States and Europe, including American Express and State Street Bank, its two largest customers in 2013. Steve Young Facts. Carnival expanded its fleet from 73 ships in 2003 to 101 ships as of mid-2014; seven new ships are due for delivery on dates from 2014 to 2016. She was chief financial officer at Daszkal Bolton in Boca Raton. His hands-on investment in Sears has produced disappointing results. The doctor and health care entrepreneur is also among the few on our list whos self-made and who made his money in Florida. steve savor net worth South Florida is a wealth magnet. As part of his plea agreement, he paid $52 million in back taxes to the IRS and was sentenced to two years of probation and 120 hours of community service. In a March 2011 article, Why Diddy Will Be Hip-Hops First Billionaire, Forbes magazine reported that Combs most lucrative asset was his 2007 agreement with Diageo, the worlds largest supplier of beverage alcohol, to promote its Ciroc vodka brand. Source: ESL Investments, Inc. How he made his money: Hedge fund management. The wealthy arent evenly distributed around the state. Jobs helped usher in the era of personal computers and then led a cultural transformation in the way music, movies and mobile communications are obtained. He currently is chairman of the Sears Holding Corp., the parent company of the Sears chain of department stores, and has served as chief executive officer of Sears since February 2013. Our Fort Lauderdale trading desk makes over $30 billion in equity trades annually in over 40 financial markets around the world., Johnson said his best advice for young people starting out in business is a statement by former U.S. President Calvin Coolidge, which is engraved on a plaque hanging on his office wall: Persistence Press on. Thats about par for him; though hes Floridas richest resident, he ranks 32nd nationally. He bought a house in Delray Beach, but in 2016 he went big with the purchase of a Kobi Karp-designed, $20-million, seven-bedroom Miami Beach bayfront mansion thats his official primary residence. . Source: Privately held Access Industries. He uploaded his first video on June 11, 2019, titled ''I am taking over YouTube.'' The video has over one million YouTube views. The ambitious son later became a leading developer of residential high-rises and hotel properties in Manhattan and took his talents to other fields as well. This recovery has been a decidedly different experience as the slope of recovery has been shallow, and the expected acceleration has not materialized.. 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.. He raped a Miami woman on house arrest, Live blog: Dolphins add these 19 undrafted rookies after NFL Draft, including two Hurricanes, Senior-level hires and promotions for the week of Oct. 4, 2021, Senior-level hires and promotions for the week of Sept. 20, 2021, Senior-level hires and promotions for the week of Sept. 13, 2021, Senior-level hires and promotions for the week of Aug. 23, 2021, Senior-level hires and promotions for the week of Aug. 30, 2021, Senior-level hires and promotions for the week of Aug. 9, 2021. Now we sell everything from Kias to Bugattis, he said. In 2008, the third-richest man in the world, Warren Buffett, made headlines when Berkshire Hathaway took $224 million from the state in return for a pledge to buy the states hurricane catastrophe bonds in the event the state got smacked by hurricanes as it had in 2004 and 2005. 9 $39 million 400 S. Mashta, Key Biscayne. There is no substitute for hard work, Arison said in an email exchange. The billionaire has collected more than $5 billion from a combination of stock sales, dividends and compensation. Enough is enough. He is the chairman, president, CEO and principal shareholder of a multibillion-dollar distribution business. Also, its a great business area with a very pro-business and entrepreneurial atmosphere.. He graduated Penn State in 1973 with a bachelor of science degree and got his first job with Getty Oil Co. in Victoria, Texas. The five-bedroom, five-bath unit has 8,273 square feet and a roof deck with an outdoor pool.