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FORBES 400 2022


THE DEFINITIVE RANKING OF THE WEALTHIEST AMERICANS IN 2022

Edited by Rob LaFranco and Chase Peterson-Withorn

in partnership with
 * 
 * 
 * 
 * 

Illustration by Wesley Bedrosian for Forbes

The wealthiest people in the U.S. are poorer than a year ago—and the cutoff to
make the list fell for the first time since the Great Recession.

The rich don’t always get richer. As a group, the 400 wealthiest Americans are
worth $4 trillion—$500 billion less than last year. The minimum net worth to
make The Forbes 400 dropped for the first time since the Great Recession, down
$200 million to $2.7 billion amid the market selloff. No one has been hit harder
than tech billionaires, who have lost a combined $315 billion. Still, it was a
great year to be an oil-and-gas tycoon, a sports mogul or Elon Musk. And 42
people, spanning ages 29 to 90, joined or rejoined the ranks. Fortunes were
calculated using stock prices from September 2, 2022. For more details on the
list see here; for the methodology see here.





THE 400 RICHEST PEOPLE IN AMERICA

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Rank

Name
Net Worth
Age
State
Source
Philanthropy Score
The 2022 Forbes 400 List Of Richest Americans: Facts And Figures
For the first time since the Great Recession, the total wealth of The Forbes
400, and the minimum required net worth to make the list, have dropped.
Read More
1.
Elon Musk
$251 B

51
Texas
Tesla, SpaceX
1
Source: Tesla, SpaceX
Elon Musk cofounded six companies including electric car maker Tesla, rocket
producer SpaceX and tunneling startup Boring Company.
Full Profile
Forbes 400 Wealth History

Full Profile
2.
Jeff Bezos
$151 B

58
Washington
Amazon
2
3.
Bill Gates
$106 B

66
Washington
Microsoft
5
4.
Larry Ellison
$101 B

78
Hawaii
software
1
5.
Warren Buffett
$97 B

92
Nebraska
Berkshire Hathaway
5
6.
Larry Page
$93 B

49
California
Google
1
7.
Sergey Brin
$89 B

49
California
Google
2
8.
Steve Ballmer
$83 B

66
Washington
Microsoft
2
9.
Michael Bloomberg
$76.8 B

80
New York
Bloomberg LP
4
10.
Jim Walton
$57.9 B

74
Arkansas
Walmart
1
11.
Mark Zuckerberg
$57.7 B

38
California
Facebook
3
12.
Rob Walton
$56.7 B

77
Arkansas
Walmart
1
13.
Charles Koch
$56 B

86
Kansas
Koch Industries
2
13.
Julia Koch & family
$56 B

60
New York
Koch Industries
2
15.
Alice Walton
$55.7 B

72
Texas
Walmart
2

10 Under 40: The Youngest Billionaires On The 2022 Forbes 400
Chaos in crypto and turmoil in tech sent many young U.S. billionaires tumbling
down the wealth rankings over the past year. These are the 10 under-40s who
survived.
Read More
16.
Michael Dell
$50 B

57
Texas
Dell Technologies
2
17.
Phil Knight & family
$41.5 B

84
Oregon
Nike
3
18.
MacKenzie Scott
$37.7 B

52
Washington
Amazon
5
19.
Jacqueline Mars
$37 B

82
Virginia
candy, pet food
N/A
19.
John Mars
$37 B

86
Wyoming
candy, pet food
N/A
21.
Ken Griffin
$30.8 B

53
Florida
hedge funds
1
22.
Len Blavatnik
$30.7 B

65

music, chemicals
2
23.
Jeff Yass
$30 B

64
Pennsylvania
trading, investments
1
24.
Stephen Schwarzman
$29.1 B

75
New York
investments
2
25.
Jim Simons
$28.1 B

84
New York
hedge funds
4
26.
Miriam Adelson & family
$26.4 B

76
Nevada
casinos
2
27.
Leonard Lauder
$21.9 B

89
New York
Estee Lauder
3
28.
Harold Hamm & family
$21.1 B

76
Oklahoma
oil & gas
1
29.
Abigail Johnson
$20.5 B

60
Massachusetts
money management
1
29.
Lukas Walton
$20.5 B

36
Illinois
Walmart
1

Elon Musk: The Richest Person In America 2022
He is No. 1 on The Forbes 400 for the first time this year, with an estimated
net worth of $251 billion.
Read More
31.
Thomas Peterffy
$20.3 B

77
Florida
discount brokerage
1
32.
Ray Dalio
$19.1 B

73
Connecticut
hedge funds
3
33.
David Tepper
$18.5 B

65
Florida
hedge funds
2
34.
Eric Schmidt
$18.4 B

67
California
Google
2
35.
Rupert Murdoch & family
$18.1 B

91
New York
newspapers, TV network
1
36.
Carl Icahn
$17.7 B

86
Florida
investments
2
37.
Robert Pera
$17.6 B

44
California
wireless networking gear
3
38.
Steve Cohen
$17.5 B

66
Connecticut
hedge funds
3
39.
Donald Bren
$17.4 B

90
California
real estate
4
40.
Daniel Gilbert
$17.3 B

60
Michigan
Quicken Loans
1
41.
Sam Bankman-Fried
$17.2 B

30

cryptocurrency exchange
1
42.
Thomas Frist, Jr. & family
$17 B

84
Tennessee
hospitals
1
42.
John Menard, Jr.
$17 B

82
Wisconsin
home improvement stores
1
44.
Jerry Jones
$16 B

79
Texas
Dallas Cowboys
1
45.
David Green & family
$14 B

80
Oklahoma
retail
2

From The New York Jets Owner To An Elon Musk ‘Fanboy,’ Meet The 20 Newcomers To
The 2022 Forbes 400
Even in down years, some of the rich can’t help but add dollars. These 20 people
made the ranks for the first time in 2022.
Read More
46.
George Kaiser
$13.7 B

80
Oklahoma
oil & gas, banking
4
47.
Jan Koum
$13.6 B

46
California
WhatsApp
2
48.
Jensen Huang
$12.9 B

59
California
semiconductors
1
48.
Stanley Kroenke
$12.9 B

75
Texas
sports, real estate
N/A
50.
Laurene Powell Jobs & family
$12.6 B

58
California
Apple, Disney
1
51.
Diane Hendricks
$12.2 B

75
Wisconsin
building supplies
1
52.
Stephen Ross
$11.6 B

82
New York
real estate
2
53.
Donald Newhouse
$11.4 B

93
New York
media
2
54.
Israel Englander
$11.3 B

73
New York
hedge funds
1
55.
Shahid Khan
$11.2 B

72
Florida
auto parts
1
56.
Philip Anschutz
$11 B

82
Colorado
investments
3
56.
John Doerr
$11 B

71
California
venture capital
4
56.
Jeffery Hildebrand
$11 B

63
Texas
oil
2
59.
Robert Kraft
$10.6 B

81
Massachusetts
Manufacturing, New England Patriots
3
60.
Charles Schwab
$10.5 B

85
California
discount brokerage
3

The Richest Women In America
After seven years, there is a new number one.
Read More
61.
Andrew Beal
$10.3 B

69
Texas
banks, real estate
1
62.
Michael Rubin
$10.2 B

50
Pennsylvania
online retail
1
63.
Autry Stephens
$10 B

84
Texas
oil
N/A
63.
Christy Walton
$10 B

73
Wyoming
Walmart
1
65.
Pierre Omidyar
$9.9 B

55
Hawaii
eBay, PayPal
4
66.
Carl Cook
$9.7 B

60
Indiana
medical devices
N/A
66.
John Malone
$9.7 B

81
Colorado
cable television
3
68.
David Duffield
$9.4 B

82
Nevada
business software
3
69.
Marijke Mars
$9.3 B

58
California
candy, pet food
N/A
69.
Pamela Mars
$9.3 B

62
Virginia
candy, pet food
N/A
69.
Valerie Mars
$9.3 B

63
New York
candy, pet food
N/A
69.
Victoria Mars
$9.3 B

65
Pennsylvania
candy, pet food
N/A
73.
Eric Smidt
$9 B

62
California
hardware stores
1
74.
Brian Chesky
$8.9 B

41
California
Airbnb
1
75.
Chase Coleman, III.
$8.5 B

47
New York
investments
2

Yahoo’s Jerry Yang, Rivian’s RJ Scaringe, The Winklevoss Twins: Here’s Who Fell
Off The 2022 Forbes 400 List Of Richest Americans
A tenth of last year’s list failed to make the cut in 2022. A handful lost their
billionaire status altogether.
Read More
75.
Patrick Ryan
$8.5 B

85
Illinois
insurance
2
77.
Jim Kennedy
$8.4 B

74
Georgia
media, automotive
3
77.
Blair Parry-Okeden
$8.4 B

72

media, automotive
1
79.
Jay Chaudhry
$8.3 B

63
Nevada
security software
N/A
79.
Ann Walton Kroenke
$8.3 B

73
Texas
Walmart
1
81.
Leon Black
$8.2 B

71
New York
private equity
2
81.
Bernard Marcus
$8.2 B

93
Georgia
Home Depot
4
83.
Tamara Gustavson
$8.1 B

60
Kentucky
self storage
1
83.
Dustin Moskovitz
$8.1 B

38
California
Facebook
4
83.
George Roberts
$8.1 B

79
California
private equity
2
86.
Robert F. Smith
$8 B

59
Texas
private equity
2
87.
Orlando Bravo
$7.9 B

52
Florida
private equity
1
87.
Michael Kim
$7.9 B

58

private equity
1
87.
Ramzi Musallam
$7.9 B

54
New York
private equity
N/A
87.
Steven Rales
$7.9 B

71
California
manufacturing, investments
1

Mark Cuban On Cost Plus Drugs And The Evolution Of Cryptocurrency
Mark Cuban sat down with Forbes reporter Jemima McEvoy to talk about Cost Plus
Drugs, where he sees cryptocurrency going and what his biggest business regret
is.
Read More
87.
David Shaw
$7.9 B

71
New York
hedge funds
1
92.
John Morris
$7.8 B

74
Missouri
sporting goods retail
2
93.
Nathan Blecharczyk
$7.7 B

39
California
Airbnb
1
93.
Rocco Commisso
$7.7 B

72
New Jersey
telecom
1
93.
Tilman Fertitta
$7.7 B

65
Texas
Houston Rockets, entertainment
1
93.
David Geffen
$7.7 B

79
California
movies, record labels
3
93.
Nancy Walton Laurie
$7.7 B

71
Nevada
Walmart
1
93.
Harry Stine
$7.7 B

80
Iowa
agriculture
1
99.
Arthur Blank
$7.6 B

80
Georgia
Home Depot
3
99.
Rick Cohen & family
$7.6 B

70
New Hampshire
warehouse automation
N/A
99.
Joe Gebbia
$7.6 B

41
Texas
Airbnb
1
99.
Leonard Stern
$7.6 B

84
New York
real estate
1
99.
Tim Sweeney
$7.6 B

51
North Carolina
video games
1
104.
Charles Butt
$7.5 B

84
Texas
supermarkets
1
104.
Arthur Dantchik
$7.5 B

64
Pennsylvania
trading, investments
2

Trump Rejoins The Forbes 400 A Year After Falling Off The List
The roots of his resurgence go back to January 6, 2021.
Read More
104.
James Goodnight
$7.5 B

79
North Carolina
software
1
104.
Paul Tudor Jones, II.
$7.5 B

67
Florida
hedge funds
1
104.
Gordon Moore
$7.5 B

93
California
Intel
5
109.
Henry Kravis
$7.4 B

78
New York
private equity
2
110.
Pauline MacMillan Keinath
$7.3 B

88
Missouri
Cargill
1
110.
Richard Kinder
$7.3 B

77
Texas
pipelines
3
112.
Jeff Greene
$7.2 B

67
Florida
real estate, investments
1
112.
Don Hankey
$7.2 B

79
California
auto loans
1
112.
Leo Koguan
$7.2 B

67

IT provider
1
115.
Jack Dangermond
$7 B

77
California
mapping software
2
115.
J. Christopher Reyes
$7 B

68
Florida
food distribution
1
115.
Jude Reyes
$7 B

67
Florida
food distribution
1
115.
Don Vultaggio & family
$7 B

70
New York
beverages
1
119.
Dannine Avara
$6.9 B

58
Texas
pipelines
1
119.
Edythe Broad & family
$6.9 B

86
California
homebuilding, insurance
N/A

The 2022 Forbes 400 Self-Made Score: From Silver Spooners To Bootstrappers
A guide to just how self-made America’s richest people are.
Read More
119.
Scott Duncan
$6.9 B

39
Texas
pipelines
1
119.
Milane Frantz
$6.9 B

53
Texas
pipelines
1
119.
Philippe Laffont
$6.9 B

55
New York
hedge fund
1
119.
Igor Olenicoff
$6.9 B

80
Florida
real estate
1
119.
Randa Duncan Williams
$6.9 B

61
Texas
pipelines
1
126.
John Overdeck
$6.8 B

52
New Jersey
hedge funds
2
126.
David Siegel
$6.8 B

61
New York
hedge funds
2
128.
Judy Faulkner
$6.7 B

79
Wisconsin
healthcare software
1
128.
Paul Lee
$6.7 B

64

battery separators
N/A
128.
Terrence Pegula
$6.7 B

71
Florida
natural gas
2
128.
Henry Samueli
$6.7 B

68
California
semiconductors
2
128.
George Soros
$6.7 B

92
New York
hedge funds
5
133.
Bubba Cathy
$6.6 B

68
Georgia
Chick-fil-A
1
133.
Dan Cathy
$6.6 B

69
Georgia
Chick-fil-A
1
133.
Trudy Cathy White
$6.6 B

66
Georgia
Chick-fil-A
1

The Forbes Philanthropy Score 2022: How Charitable Are The Richest Americans?
The wealthiest people in the U.S. have big wallets. That doesn’t mean they all
write big checks.
Read More
133.
Edward Johnson, IV.
$6.6 B

57
Massachusetts
money management
2
133.
Bruce Kovner
$6.6 B

77
New York
hedge funds
2
138.
David Bonderman
$6.5 B

79
Texas
private equity
2
138.
Ralph Lauren
$6.5 B

82
New York
apparel
1
138.
Reinhold Schmieding
$6.5 B

67
Florida
medical devices
N/A
138.
John A. Sobrato & family
$6.5 B

83
California
real estate
4
138.
John Tu
$6.5 B

81
California
computer hardware
1
143.
Marc Benioff
$6.4 B

58
California
business software
2
143.
Stephen Bisciotti
$6.4 B

62
Maryland
staffing, Baltimore Ravens
2
143.
Stanley Druckenmiller
$6.4 B

69
New York
hedge funds
3
143.
Melinda French Gates
$6.4 B

58
Washington
Microsoft
5
143.
Ted Lerner & family
$6.4 B

96
Maryland
real estate
1
143.
Edward Roski, Jr.
$6.4 B

83
California
real estate
1
143.
David Sun
$6.4 B

70
California
computer hardware
1
150.
Ken Fisher
$6.3 B

71
Texas
money management
1

America's Richest Tech Billionaires Have Lost $315 Billion In The Past Year
Last year they were flying high. What a difference a year makes.
Read More
150.
Dennis Washington
$6.3 B

88
Montana
construction, mining
3
152.
Neil Bluhm
$6.2 B

84
Illinois
real estate
2
153.
Tom Gores
$6.1 B

58
California
private equity
1
153.
Ge Li
$6.1 B

55

pharmaceutical ingredients
N/A
155.
Michael Milken
$6 B

76
California
investments
3
155.
David Steward
$6 B

71
Missouri
IT provider
2
155.
Les Wexner & family
$6 B

85
Ohio
retail
3
158.
Mitchell Rales
$5.8 B

66
Maryland
manufacturing, investments
2
158.
Antony Ressler
$5.8 B

60
California
finance
2
160.
Josh Harris
$5.7 B

57
New York
private equity
2
160.
Ray Lee Hunt
$5.7 B

79
Texas
oil, real estate
2
160.
Ken Langone
$5.7 B

87
New York
investments
3
160.
Douglas Leone
$5.7 B

65
California
venture capital
2
160.
Karen Pritzker
$5.7 B

64
Connecticut
hotels, investments
2
160.
Patrick Soon-Shiong
$5.7 B

70
California
pharmaceuticals
2

160.
Daniel Ziff
$5.7 B

50
New York
investments
1
160.
Dirk Ziff
$5.7 B

58
Florida
investments
1
160.
Robert Ziff
$5.7 B

56
New York
investments
1
169.
Henry Nicholas, III.
$5.6 B

62
California
semiconductors
1
169.
Ronda Stryker
$5.6 B

68
Michigan
medical equipment
3
171.
Micky Arison
$5.5 B

73
Florida
Carnival Cruises
1
171.
James Chambers
$5.5 B

65
New York
media, automotive
1
171.
Wesley Edens
$5.5 B

60
New York
investments
N/A
171.
Archie Aldis Emmerson & family
$5.5 B

93
California
timberland, lumber mills
1
171.
Jonathan Gray
$5.5 B

52
New York
investments
2
171.
Judy Love
$5.5 B
85
Oklahoma
retail & gas stations
1
171.
Tom Love
$5.5 B
84
Oklahoma
retail & gas stations
1
171.
Katharine Rayner
$5.5 B

77
New York
media, automotive
1
171.
Paul Singer
$5.5 B

78
New York
hedge funds
2
171.
Margaretta Taylor
$5.5 B

80
New York
media, automotive
1

181.
Tom Golisano
$5.4 B

80
Florida
payroll services
2
181.
Vinod Khosla
$5.4 B

67
California
venture capital
2
181.
George Lucas
$5.4 B

78
California
Star Wars
3
184.
Todd Boehly
$5.3 B

49
Connecticut
Finance
N/A
184.
Rick Caruso
$5.3 B

63
California
real estate
2
184.
Lynda Resnick
$5.3 B
79
California
agriculture
3
184.
Stewart Resnick
$5.3 B
85
California
agriculture
3
184.
Charles Simonyi
$5.3 B

74
Washington
Microsoft
2
184.
Sam Zell
$5.3 B

80
Illinois
real estate, private equity
3
190.
Robert Faith
$5.2 B

58
South Carolina
real estate management
1
190.
Dan Friedkin
$5.2 B

57
Texas
Toyota dealerships
3
190.
Jane Lauder
$5.2 B

49
New York
Estée Lauder
N/A
190.
Robert Rich, Jr.
$5.2 B

81
Florida
frozen foods
1
190.
Gary Rollins
$5.2 B

78
Georgia
pest control
1
190.
Mark Walter
$5.2 B

62
Illinois
finance
2

196.
Elizabeth Johnson
$5.1 B

59
Massachusetts
money management
2
196.
Sami Mnaymneh
$5.1 B

61
Florida
private equity
1
196.
Tony Tamer
$5.1 B

64
New York
private equity
N/A
196.
Romesh T. Wadhwani
$5.1 B

75
California
software
2
196.
Ken Xie
$5.1 B

59
California
cybersecurity
1
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FEATURED ARTICLES


THE FACT AND FIGURES

By Chase Peterson-Withorn


THE TOP 20

By Matt Durot


THE 10 UNDER 40

By Jemima McEvoy


THE 20 NEWCOMERS

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THE RICHEST PERSON IN AMERICA

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BEHIND THE PHILANTHROPY SCORE

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EMPLOYER

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METHODOLOGY

The Forbes 400 is our annual ranking of the richest Americans. Our estimates are
a snapshot of each member’s wealth as of September 2, 2022. For a detailed
methodology and an explanation of our philanthropy score and self-made score,
please see forbes.com/forbes-400. Daily updated net worths are available at
forbes.com/real-time-billionaires.


ACKNOWLEDGEMENTS

Euromonitor International; FactSet; Moody’s Investors Service; PitchBook Data;
PropertyShark; ProPublica Nonprofit Explorer; Real Capital Analytics; S&P Global
Market Intelligence; and VesselsValue. All those who helped us with our
reporting and valuations: Eric Anton, Marcus & Millichap; Chad Benyon, Macquarie
Capital; Ronald Buss, Buss Shelger Associates; Hugh Chatham, CFS Jets; Keith
Cubba, Colliers; Cote d'Azur Sotheby's International Realty; Zachary Cutler,
Avison Young; Ronald M. Gold; Matt Hagerty, BTU Analytics; Matt Hegarty, Daily
Racing Forum; Keith Housum, Northcoast Research; Kevin Kamen, Kamen & Co Group
Services; David Katz, Jefferies; Gregory Kirsch, Cushman & Wakefield; Samuel
Koon, Samuel D. Koon & Associates; Jonathan Kracer, Sion Capital LLC; Tom Lagos,
Institutional Property Advisors; Owen Lau, Oppenheimer & Co.; Jonathan Miller,
Miller Samuel; Ray Mota, ACG Research; Tanya Pierson, HVS; Shimon Shkury, Ariel
Property Advisors; Mark Shmulik, AllianceBernstein; Simeon Sigel, BMO Capital
Markets; Jeff Silbert, BMO Capital Markets; Tara Steppacher, Sotheby’s
International Realty; Douglas B. Taylor, Douglasbtaylor International Consulting
LLC; Rich Tehrani, Four Points Capital Partners; Dan Wasiolek, Morningstar;
David Whiston, Morningstar; Jeff Woolson, CBRE; Robin Zhu, AllianceBernstein.


CREDITS

Editors: Rob LaFranco and Chase Peterson-Withorn; Additional Editing: Matt
Durot, Luisa Kroll, Andrea Murphy, Giacomo Tognini; Wealth Team: Richard J.
Chang, David Dawkins, Kerry A. Dolan, John Hyatt, Kylie Kirschner, Jemima
McEvoy, Prateek Parwal, Lisa Rennau, Carlos Sánchez Mora, Rachel Sandler, Jacob
Strier, Sarah Thomas-Oxtoby, Emily Washburn; Reporters: Lauren Debter, Russell
Flannery, Christopher Helman, Chloe Sorvino, Hank Tucker, Lisette Voytko;
Additional Reporting: Maneet Ahuja, Dan Alexander, Justin Birnbaum, Kenrick Cai,
Matt Craig, Saya Desai, Cyrus Farivar, Amy Feldman, David Jeans, Katie Jennings,
John Kang, Jeff Kauflin, Sergei Klebnikov, Alex Knapp, Alexandra S. Levine,
Phoebe Liu, Kyle Mullins, Jonathan Ponciano, Carlie Porterfield, Dylan Sloan,
Will Yakowicz; Research: Sue Radlauer; Editorial Operations: Justin Conklin;
Design Director: Alicia Hallett-Chan; Design: Charles Brucaliere, Fernando
Capeto, Stephanie Jones, Philip Smith; Photography Director: Robyn Selman; Photo
Research: Merrilee Barton, Gail Toivanen; Video: Greg Andersson, Ivan Clow, Jon
Palmer, Brian Petchers, Kirsten Taggart; Engineers: Diab Al-Sadi, Ken Barney,
Gustavo Faria, Dmitri Slavinsky; QA: Fatmeh Afaneh, Ronak Ray; Product Owner:
Arpineh Panossian.

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