white men with money

Mayor Bloomberg Breaks Into ‘Forbes’ 400 Top Ten

The Forbes 400 list was released this week (slightly inopportune timing, perhaps), and it turns out that even though Wall Street is imploding, our fair city still plays host to 64 of America’s 400 richest people. That’s 16 percent! Kind of seems like it should be higher, right? Anyway, the biggest hometown news is that the magazine valued Mayor Bloomberg’s holdings and stake in Bloomberg LP at $20 billion. That’s about $8 billion more than he was worth last year, and nearly $4 billion more than was estimated at just this summer. He’s in the top ten now. Go Bloomie, go Bloomie, go Bloomie, GO!

Here are the top New Yorkers, organized by their rank on the list (the numbers after their names are how many billions they are worth, and after that is the field in which they made their money. You may recognize some of the names.


8 Michael Bloomberg 20.0 Bloomberg
9 David Koch 19.0 manufacturing, energy
20 Carl Icahn 12.0 leveraged buyouts
26 Ronald Perelman 11.5 leveraged buyouts
28 Leonard Blavatnik 11.0 Access Industries
36 Samuel Newhouse Jr 8.0 publishing
47 Rupert Murdoch 6.8 News Corp
49 Henry Kravis 6.5 leveraged buyouts
53 Stephen Schwarzman 6.4 investments
57 Ira Rennert 6.0 investments

68 Paul Milstein & family 5.0 Emigrant, real estate
76 Ralph Lauren 4.7 fashion
78 Richard LeFrak & family 4.5 real estate
78 John Paulson 4.5 hedge funds
78 Stephen Ross 4.5 real estate
95 Daniel Och 3.9 hedge funds
96 Joan Tisch 3.8 Loews
97 Dirk Ziff 3.7 inheritance, hedge funds
97 Leonard Stern 3.7 real estate
97 Daniel Ziff 3.7 inheritance, hedge funds
97 Robert Ziff 3.7 inheritance, hedge funds
102 Leonard Lauder 3.6 Estee Lauder
105 Leon Black 3.5 leveraged buyouts
105 Bruce Kovner 3.5 hedge funds
105 Edgar Bronfman Sr 3.5 liquor
118 Ronald Lauder 3.4 Estee Lauder
134 Donald Trump 3.0 real estate
144 David Rockefeller Sr 2.9 Standard Oil, banking
147 Peter Peterson 2.8 Blackstone Group
147 Mortimer Zuckerman 2.8 real estate, media
155 David Shaw 2.7 hedge funds
163 Nicolas Berggruen 2.5 Investments
163 Philip Falcone 2.5 hedge funds
163 Wilma Tisch 2.5 Loews
190 Bruce Wasserstein 2.3 Wasserstein Perella, Lazard
215 John Catsimatidis 2.1 oil, real estate, supermarkets
215 Austin Hearst 2.1 Hearst Corp
227 Sheldon Solow 2.0 real estate
227 Thomas Lee 2.0 leveraged buyouts
227 Marc Lasry 2.0 hedge funds
227 Jerry Speyer 2.0 real estate
227 Stewart Rahr 2.0 Kinray
227 Herbert Allen Jr & family 2.0 investment banking

The Forbes 400 [Forbes]
Earlier: Breaking: Mayor Bloomberg is Rich

Mayor Bloomberg Breaks Into ‘Forbes’ 400 Top Ten