When it comes to the rich and famous, no other state does it quite like Florida. After all, Florida is home to mega-mansions on the beach, four-story yachts, extravagant nightlife and some of the world’s finest culinary hotspots. In short, the state is a veritable playground for the famous and wealthy; it’s no surprise that many of its residents also populate this year’s Forbes Richest People in America list.
In this article, we’ll explore the top-ten richest people in Florida: we’ll discover where they’re from and how they achieved their vast amount of wealth in the Sunshine State.
Micky Arison may have dropped out of the University of Miami, but he went on to become the chairman of his father’s company—a little cruise line called Carnival Cruise. He also currently owns the Miami Heat. Now residing in Bal Harbour, his net worth is an estimated $42 billion.
Dirk Ziff inherited his family fortune; his father was the founder of the Ziff-Davis empire, which owned numerous magazine publications. Ziff invested his inherited fortune smartly, resulting in a net worth of about $4.2 billion. He presently resides in North Palm Beach.
William Koch made his fortune in oil and investments, resulting in a current net worth of approximately $4 billion. He uses much of his fortune to invest in Wild West paraphernalia; in fact, he recently paid $3.1 million for the only picture of Billy the Kid. He resides in Palm Beach.
Worth approximately $3.1 billion, Terrence Pegula is a self-made billionaire who got his start in the oil industry. In 2010 he sold East Resources, his drilling company, for $4.7 billion; he later purchased the NHL’s Buffalo Sabres. He currently invests a great deal of money in sports facilities. He resides in Boca Raton.
From West Palm Beach, Malcolm Glazer and his family is worth approximately $2.7 billion. Glazer made his fortune in real estate and later used his monies to invest in two major sports teams: the NFL’s Tampa Bay Buccaneers and world-famous soccer team Manchester United.
From Lighthouse Point, Igor Olenicoff is worth approximately $2.6 billion. He’s a self-made billionaire who made his fortune in real-estate development. Olenicoff is an alumnus of the University of Southern California. He has often run into trouble with the government and is currently embroiled in several tax scandals.
Currently residing in North Palm Beach, Christopher Cline is originally from West Virginia. He made his fortune in the coal industry and is worth an estimated $2.3 billion. He owns Foresight Energy, which controls four billion tons of coal reserves in the US.
H. Wayne Huizenga
H. Wayne Huizenga is currently worth an estimated $2.3 billion, having made his fortune in hedge fund investments. He looks to aggressively parlay his company into a larger chemical and sanitation corporation, so he’ll likely move up on this list. He resides in Fort Lauderdale.
Originally from New York City, Fred DeLuca is the owner of Subway, the international fast-food chain that prepares fresh sandwiches. Subway has now surpassed McDonald’s as the biggest food chain in the world. DeLuca resides in Fort Lauderdale and is worth an estimated $2.2 billion.
Rounding out the top-ten list of the richest people in Florida is Miami Beach’s very own Phillip Frost. Frost made his staggering $2.1 billion fortune through his pharmaceutical company, Ivax, which he sold in 2005 for $7.6 billion. He’s also the chairman of Teva and a former professor of dermatology.