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Deputy Editors: Chase Peterson-Withorn and Jennifer Wang
It has been a terrible year for many, but the good times keep on rolling for the nation’s richest. The 400 wealthiest Americans saw their collective fortune increase 40% over the last year, to $4.5 trillion. Nearly all are richer than they were a year ago. Fortunes were calculated using stock prices and exchange rates from September 3, 2021.
David Green and family & Jack Dangermond
#98 (tie) David Green and family
Net Worth: $8.4 B
Age: 79
State: Oklahoma
Source: Retail
Philanthropy Score: 3
A preacher’s son from a poor background, Hobby Lobby founder David Green opened his first crafts shop in 1970 with a $600 loan. His empire has grown from a single 300-square-foot store in Oklahoma City to 957 locations in 46 states, with $6.4 billion in 2020 sales.
#98 (tie) Jack Dangermond
Net Worth: $8.4 B
Age: 76
State: California
Source: Mapping Software
Philanthropy Score: 2
Jack Dangermond founded Esri, the industry leader in GIS technology, a specialized software used for creating digital maps. He founded the company in 1969 with $1,100 in personal savings and is thought of as the godfather of digital mapping technology.
Rocco Commisso & Lin Bin
#98 (tie) Rocco Commisso
Net Worth: $8.4 B
Age: 71
State: New Jersey
Source: Telecom
Philanthropy Score: 1
Rocco Commisso is the founder and CEO of cable company Mediacom, based in Chester, New York. He previously worked as CFO at Cablevision Industries, which was acquired by Time Warner in 1995.
#94 (tie) Lin Bin
Net Worth: $8.5 B
Age: 53
Source: Smartphones
Philanthropy Score: 0
Lin Bin is cofounder and vice chairman of Xiaomi, one of the world’s most popular smartphone brands. Before joining Xiaomi, he was an engineering director at Google from 2006 to 2010. Earlier in his career, Lin worked at ADP and Microsoft.
Nancy Walton Laurie & Henry Kravi
#94 (tie) Nancy Walton Laurie
Net Worth: $8.5 B
Age: 70
State: Nevada
Source: Walmart
Philanthropy Score: 1
Nancy Walton Laurie inherited a stake in Walmart from her father, Bud Walton, who helped his brother, Sam, build the retail giant. When Bud died in 1995, Walton Laurie and her sister, Ann Walton Kroenke, received enough Walmart stock to make them both billionaires.
#94 (tie) Henry Kravis
Net Worth: $8.5 B
Age: 77
State: New York
Source: Private Equity
Philanthropy Score: 2
Henry Kravis cofounded private equity firm Kohlberg Kravis & Roberts with his cousin, George Roberts, and Jerome Kohlberg (d. 2015) in 1976. In 1989, KKR orchestrated the $25 billion buyout of RJR Nabisco; the deal became the basis of the bestselling book “Barbarians at the Gate.”
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