Michael Jordan, Josh Kushner And The 16 Other New Members Of The Forbes 400

Australia News News

Michael Jordan, Josh Kushner And The 16 Other New Members Of The Forbes 400
Australia Latest News,Australia Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 92 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 53%

Meet the latest additions to Forbes’ ranking of America’s richest people.

Donald Trump, Sam Bankman-Fried And The Snapchat Founders: Here’s Who Fell Off The 2023 Forbes 400 List Of Richest AmericansILLUSTRATION BY Yunjia Yuan FOR FORBES; PHOTOS FROM LEFT: WWD/Getty Images; Tim Pannell for Forbes; Rick Haver/AP; Jamel Toppins for Forbesgot harder to make The Forbes 400 ranking of America’s richest people this year, with the minimum net worth required to make the list hitting a record-tying $2.9 billion.

The most famous face to join the 400 this year: Michael Jordan, the first pro athlete ever to appear in these ranks. The basketball great earned some $90 million over his playing career, but it’s his off-court moves that land him among the wealthiest Americans. For decades he has gotten a cut of every Jordan-branded sneaker, shirt or sock Nike sells—enough to bring him $260 million in estimated income over the past year alone. Big bucks have also come from the Charlotte Hornets.

The richest of all newcomers is Elisabeth DeLuca , widow of Subway founder Fred DeLuca . In August, private equity firm Roark Capital struck a deal to acquire the sandwich giant in a deal reported to be worth more than $9 billion—which could putafter taxes into the pockets of DeLuca, who inherited half the business upon her husband’s 2015 death, according toThe youngest newcomer this year is 38-year-old Josh Kushner.

Seven of this year’s new Forbes 400 listees hail from the world of finance and investments, the most of any industry. Besides Kushner, there are Seth Boro, Scott Crabill and Holden Spaht – three partners of private equity firm Thoma Bravo, who are worth an estimated $3.3 billion apiece; investor Rajiv Jain , who made a gutsy gamble on Adani Group in March; early Berkshire Hathaway backer Stewart Horejsi ; and insurance magnate J. Hyatt Brown .

Others found their fortunes elsewhere. William Goldring got rich from alcohol; his Sazerac Company owns the Buffalo Trace Distillery and produces Fireball Cinnamon Whisky. Power couple Eren Ozmen and Fatih Ozmen made their money in aerospace. There are now two Forbes 400 members in Mississippi: James and Thomas Duff , who co-own tire retailer Southern Tire Mart and own several other businesses through their Duff Capital Investors holding company.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Michael Jordan Is Now Worth $3 Billion And Joins The Forbes 400Michael Jordan Is Now Worth $3 Billion And Joins The Forbes 400Thanks to his sale of the Charlotte Hornets, the NBA legend is in rare air—becoming the first professional athlete to rank among America’s 400 wealthiest people.
Read more »

Michael Jordan is worth $3B, first athlete among 400 richest people in the US: ForbesMichael Jordan is worth $3B, first athlete among 400 richest people in the US: ForbesMichael Jordan, 60, has amassed a net worth of $3 billion, according to Forbes, positioning him to be the first professional athlete on the new site’s 400 wealthiest people in America.
Read more »

Beauchamp, Gaus, Keefer and Swindell lead Greencastle-Antrim field hockey past Forbes RoadBeauchamp, Gaus, Keefer and Swindell lead Greencastle-Antrim field hockey past Forbes RoadAinsley Swindell had three assists.
Read more »

Why soft-spoken Jordan Montgomery is best suited for Rangers’ postseason missionWhy soft-spoken Jordan Montgomery is best suited for Rangers’ postseason missionSince his July arrival, Jordan Montgomery has been the Rangers' best starter. His 2.79 ERA, 1.7 WAR accumulated and 67 and 2/3 innings pitched lead all Texas...
Read more »



Render Time: 2025-02-27 23:48:54