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Yahoo
22-05-2025
- Business
- Yahoo
Forbes 400: How many billionaires live in Indiana?
Forbes has released its annual list of the 400 richest people in America, collectively about $5.4 trillion — yes, with a t, as in 5,400 billions — richer than they were a year ago. How many Hoosiers made the list? The Bloomington 62-year-old is the richest person in Indiana. His estimated $10.7 billion wealth was made in the medical device business. Cook took over as CEO of Cook Group in 2011 when his father died. Forbes ranks him as the 89th-richest American. The Indianapolis-based real estate mogul is Indiana's second-wealthiest resident and tied for 256th-richest American. Forbes lists the 89-year-old Simon's net worth at $5.1 billion. He and his late brother Melvin founded the Simon Property Group in 1960, giving him a local connection: University Park Mall in Mishawaka is a Simon Property Group property. Simon also owns 80% of the Indiana Pacers and Indiana Fever. The third Hoosier billionaire is Jim Irsay, who inherited the Indianapolis Colts from his father, Robert, in 1997. Irsay died Wednesday, May 21, after he was included in the Forbes rankings. A 65-year-old Carmel resident, Forbes lists his net worth as $4.8 billion, which places him 278th in the ranking of richest Americans. He was named the Colts general manager in 1984 at the age of 24. Upon his father's death, he became 100% owner of the team. This article originally appeared on The Herald-Times: Ranking the richest Hoosiers Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
Forbes 400: How many billionaires live in Indiana?
Forbes has released its annual list of the 400 richest people in America, collectively about $5.4 trillion — yes, with a t, as in 5,400 billions — richer than they were a year ago. How many Hoosiers made the list? The Bloomington 62-year-old is the richest person in Indiana. His estimated $10.7 billion wealth was made in the medical device business. Cook took over as CEO of Cook Group in 2011 when his father died. Forbes ranks him as the 89th-richest American. The Indianapolis-based real estate mogul is Indiana's second-wealthiest resident and tied for 256th-richest American. Forbes lists the 89-year-old Simon's net worth at $5.1 billion. He and his late brother Melvin founded the Simon Property Group in 1960, giving him a local connection: University Park Mall in Mishawaka is a Simon Property Group property. Simon also owns 80% of the Indiana Pacers and Indiana Fever. The third Hoosier billionaire is Jim Irsay, who inherited the Indianapolis Colts from his father, Robert, in 1997. Irsay died Wednesday, May 21, after he was included in the Forbes rankings. A 65-year-old Carmel resident, Forbes lists his net worth as $4.8 billion, which places him 278th in the ranking of richest Americans. He was named the Colts general manager in 1984 at the age of 24. Upon his father's death, he became 100% owner of the team. This article originally appeared on The Herald-Times: Ranking the richest Hoosiers
