The publicly traded company managed $941 billion in assets as of June 30, 2022. His 161-foot yacht, the Rockstar, was damaged in 2014 when a Miami draw bridge failed as it was going under. Thats why we headquartered our companies here and that, in turn, is why we were successful.. 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. In Manatee County, he has a colossal warehouse-rehearsal- monster truck garage building, purchased for $30 million in 2013 in a corporate recruitment greased with $3.3 million in state and local incentives. Coral Gables billionaire Mike Fernandez Floridas newest billionaire when we last did the list in 2013 broke with his Republican past last year over Donald Trump. Golisanos move to Florida from New York in 2009 presaged the coming of Tepper, Peterffy and other billionaires. Syntel has shared its success by running SPrayas, a volunteer-based program to educate underprivileged children in communities where the company operates. Micky Arison, Miami Heat owner and Carnival Cruises CEO has the biggest moneybags in Miami with a net worth of $4.2 billion. Icahns various Florida-related targets in recent years include WCI and Hertz. This recovery is just now getting us back to that level of starts, Miller said on the call. Even so, hes up $700 million since 2013. He's 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. In an email exchange, Henry said he would advise people starting in business today to find a professional passion: You cant work hard enough at whatever it is you want to be successful at, so you had better love what you are doing. Henry said, although I spend my summers up north, South Florida has been his principal home for the last 25 years, so I owe a lot to the area. Initially, he was a sports anchor before transitioning to news reporting in February 2013. The majority of students attend on financial aid. The 50 richest people in Massachusetts: Patriots owner - masslive Frost went on to invest in a generic drug developer in South Florida named Ivax Corp. After dismounting, she mingles with the few spectators, catches up with one mom about a friends college plans and then joins three friends who came to watch her. For hours, in every direction as far as one can see, hundreds of equestrians like her ride horses over obstacles in the 18 arenas at the 500-acre venue. 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 a financial backer of Faena District, a multi-block, multi-use real estate project under way in Miami Beach, led by Argentine developer Alan Faena, who in 2012 started amassing hotel. Hooray! When his father, Samuel LeFrak, died in 2003, New York-based, family-run LeFrak Organization already was one of the largest private building firms in the world, according to a New York Times obituary. Steven Haworth "Steve" Miller Quick Info. Realtors and condo developers arent the only South Floridians to benefit from these deep pockets. Early life and education [ edit] Communications technology and ease of travel leaves the super-wealthy at no disadvantage in conducting business remotely, especially for financial industry players. If you dont stand for something in life, then youll accept anything. Obviously, they are very biased and in the Democrats pockets., 2 David Tepper, 59 $11.4 billion Miami Beach. This is a new drug for the prevention of nausea and vomiting associated with cancer chemotherapy, and it has a good possibility to be the best product in the market, since a single tablet is enough to protect the patient for five days., But the billionaire doctor's investments range well beyond healthcare. Its not just that theyre coming to live in a nice home and retire.. In August, Frost led a group that invested in preferred shares of Drone Aviation Holding Corp. in Jacksonville. The story: Robert E. Rich Jr., 73, followed in his fathers footsteps and built the family business with a focus in frozen food products. However, Braman may be best known as a civic activist who has backed campaigns to recall former Miami-Dade County Mayor Carlos Alvarez from office and to defeat such controversial proposals as tax-funded improvements of sports facilities. He graduated Penn State in 1973 with a bachelor of science degree and got his first job with Getty Oil Co. in Victoria, Texas. For perspective, that property tax bill alone is more than the annual income of all but the top 0.1% of U. S. tax filers. The home is owned by developers and builders Chicken Kitchen founder Christian De Berdouare and his TV journalist wife, Jennifer Valoppi, who live nearby. My philosophy has always been to constantly reinvest in your business Its something you have to do. Education will not; the world is full of educated derelicts. His net worth is up $4.6 billion since our 2013 ranking. One shared trait: Old money didnt get them there theyve kept working. How he made his money: Netted billions of dollars by selling his share of a chemical maker and an oil production venture. Florida is a very different place than it was in the 70s and 80s. Prez also has an interest in Ross Dolphins, of which hes vice chairman. Trump converted Mar-a-Lago into a private social club in 1995. steve savor net worth Read More 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. Following are biographical summaries for each of South Floridas wealthiest 25 residents, including how they made their fortunes. How he made his money: Inherited a real estate fortune, diversified into broadcast television. Steven Smith Net worth $23 million & he is the current captain of Australia. He also will be joining Llorente & Heckler as a partner and practicing attorney in Miami Beach. 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). American actor, screenwriter, producer, martial artist, and musician Steven Seagal has an estimated net worth of $14 million dollars, as of 2022. . Pontius' current net worth is about $4 million. In Palm Beach County, were in the process of building three new dealerships, he said. How he made his money: Took over the family business his father founded and turned it into a media industry leader. The young rider in a black jacket and white pants is Jennifer Gates, daughter of the worlds richest man. Wealthy people who live full time in South Florida sometimes started residing in the area in a second home, then little by little, they were spending more time until they moved here permanently, Weintraub said. Arisons father, Carnival founder Ted Arison, died at age 75 in Tel Aviv in October 1999. Their wealth increased in the past three or four years, but it hadnt increased as much as the wealth of others, says Peter Landers, partner at Global Governance Advisors. Hes more than doubled his money since 2013. (The entire list of the residents on the Forbes 400 is at the end of this article. The doctor and health care entrepreneur is also among the few on our list whos self-made and who made his money in Florida. Opko Health Inc. is another one of his Florida priorities. Golisano, the founder of Paychex, said at the time the move would save him $13,800 a day. He became New Jerseys richest man and, in 2015, the richest man to leave for Florida. He and wife, Mei Sze, founded an innovative private, pre-K-8 school in West Palm Beach with a student-teacher ratio of 2-to-1. Miamis premier condo developer, Prez is wrapping up condo projects in Florida in favor of rental housing developments and projects abroad. In 2015, the same year he bought the Casa Apava estate on Palm Beach for $71 million, he gave a TED talk decrying the wealth gap in America and warning it could spark revolution. Now, factoring in Terri, who does own Australia Zoo and has been in far more television shows and films (notably, The Crocodile Hunter, Croc Files, and Crocodile Hunter Diaries ), it was estimated by TheWealthRecord.com that Terri is worth $80 million in 2021. 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. Greene came to Florida with his family in the 1970s, working for a time as a busboy at the Breakers. Check out the rest of your mega-rich neighbors below. He owns three minor league baseball teams and chairs the Cleveland Clinic board. Olen Properties also has commercial and industrial properties, mostly in California but also in two Florida locations. To be successful requires huge effort. When a billionaire New Yorker profits from home ownership in South Florida, he goes back and tells two other big boys, who tell two others, and all of a sudden you've got a whole world of people like that here., Its the same thing with people from South America: A group will come in, and then another group will come in and say, its safe, its wonderful, its a good place to put your kids in school, and, by the way, I made money there, Hertzberg said. Then he and his wife, Irma, who have been married for 58 years, moved from southeast Pennsylvania to southeast Florida in December 1969. According to the website of Olen Properties, the companys South Florida apartment properties include Weston Place in Weston, Club Lake Pointe and Players Club in Coral Springs, Delray Bay in Delray Beach, Manatee Bay and Indian Hills and Whalers Cove in Boynton Beach, Sanctuary Cove in North Palm Beach, and Villas of Juno in Juno Beach. His hands-on investment in Sears has produced disappointing results. Historically, in South Florida, wealthy blacks hailed from the professional classes bankers, lawyers and doctors.