It employs 3,000 in Florida. Many of the top 25 wealthiest people in South Florida own a controlling equity stake in a large enterprise that they founded, said Jaret Davis, co-managing partner of Greenberg Traurig's Miami office. . This has been coming for a long time and why I selected real estate some 40 years ago. Perlmutter, a friend of Donald Trump, was meeting at Mar-a-Lago with the then president-elect when Reuters shot a picture through a window. The story: Bharat Desai, 61, is chairman of the board of Syntel Inc., a leading source of integrated information technology to help large companies transact business in the fields of financial services, healthcare and life sciences, insurance, manufacturing, retailing, logistics and telecommunications. Schmieding is among the few on our list who are entirely self-made and who made their money in Florida. Braman also has used his success to serve in South Florida as both a philanthropist and an activist. 7 $43 million 3085 Munroe Drive Coconut Grove, Miami. Mendelson would advise someone starting out in business to do what you enjoy doing and focus hard. He also said in an email exchange to focus on more than money, just do a good job and remember that your customer must get good value, respect and quality products., The chairman of Heico also said that Heicos South Florida home has contributed to its success: South Florida is a great source of quality life and fine people to work with you. His net worth is an estimated $26.6 billion. r of the Decade in 2010. 16 George Lindemann, 80 $3.3 billion Palm Beach. For Florida Trend, consulting and advisory firm Global Governance Advisors identified the 25 wealthiest people who claim Florida as their primary residence. Johnson, who previously served as chief executive officer of Franklin, began working for the company more than 50 years ago, when its assets under management totaled $2.5 million. Owned by Aurelio Fernandez, a retired tech executive and real estate investor, and his pediatrician wife, Berta, the bayfront, five-bedroom house was a location in the Miami Vice movie. It's for business reasons because I have several projects under way down there. PublicPrivate Court, Arrest, Lawsuits, Bankruptcy Records & Sex Offender Status I believe strongly in the power of surfing to impact peoples lives, and its that power that brings surfers and non-surfers alike to our sport and community, Ziff says. The CEO of Watsco advises someone starting out in business to consider financing the acquisition of a successful company. She completes her course with nary a fault. Steve Harvey hasn't forgotten his roots and knows the value of acquiring real estate. The Marcellus is a massive shale rock formation in the Appalachian region of the United States, where East Resources had acquired 650,000 acres by June 2009. He and his wife, Constance Fernandez, have five children. South Florida has played a huge role in my life and career and what Ive been able to accomplish, he said. The story: Laurans Mendelson, 76, was an accountant in New York City during the 1960s when he and his wife Arlene and their two sons relocated to Miami, where some of her family members already resided and worked in real estate. His net worth is an estimated $400 million That number is according to numerous sources, which is equal to the amount he paid for the team in 2004. . Arisons father, Carnival founder Ted Arison, died at age 75 in Tel Aviv in October 1999. Make a one-time donation today for as little as $1. Forbes magazine ranked Syntel 15th in its 2012 list of America's 200 Best Small Companies. Syntels net income last year was $219 million, up 85 percent from $118 million in 2009. You cant sit back in business; if you sit back, you fall back, Braman said in a phone interview, citing the current expansion of his flagship location just north of downtown Miami. When we started off in the car business, Cadillac was our dominant franchise. The Yale alum, for instance, gave $250 million to the university in 2013 to build two residential colleges there. The latest edition of the Forbes 400 is out, and 21 of the most filthy rich scions in America call humble little South Florida their primary home. In an email exchange, Henry said he would advise people starting in business today to find a professional passion: You cant work hard enough at whatever it is you want to be successful at, so you had better love what you are doing. Henry said, although I spend my summers up north, South Florida has been his principal home for the last 25 years, so I owe a lot to the area. In August, Frost led a group that invested in preferred shares of Drone Aviation Holding Corp. in Jacksonville. Our labor will continue to go up; our technological superiority gap will continue to narrow with other countries, particularly China and Russia. The rankings have been disrupted by the arrival of new, very big money from the likes of Interactive Brokers founder Thomas Peterffy and hedge fund manager David Tepper. Share Background Report Overview of Steve Savor Lives in: Ft Lauderdale, Florida Phone: View phone number Age: 62 Gender: Male A friend of his family, Dr. Peter Buck, suggested that DeLuca open a restaurant specializing in submarine sandwiches and loaned DeLuca $1,000 to get started. After studying at Pitt and Carnegie Mellon, Tepper eventually made his way into high-yield trading at Goldman Sachs before starting his own hedge fund firm, Appaloosa Management. 13 Igor Olenicoff, 74 $3.7 billion Lighthouse Point. Place Of Birth. He has a six-acre estate on Palm Beach. The retired chairman of mutual fund company Franklin Resources, a firm started by his father, came to Florida very late in life from California. How he made his money: Real estate investments, and his acquisition and development of Heico Corp. South Florida is a wealth magnet. His firm has an office in Palm Beach but its headquarters remains in Connecticut. He was founder, president and CEO of Group Tech Systems, which developed a national database of group health insurance information. His most recent triumph was selling the Southern Union pipeline company for $5.7 billion in 2012. Billionaires left behind from our 2013 list: William Koch; Eddie Lampert, the hedge fund manager whose Sears is struggling mightily; Slim-Fasts S. Daniel Abraham; construction company leader Alfred James Clark, who died; Netscape founder Jim Clark: car dealer Norman Braman [Icon, p. 16]; coal mogul Christopher Cline; and Red Sox owner John Henry. Education will not; the world is full of educated derelicts. Carl Icahn, 80 $16.9 billion, Indian Creek Village. Sears stock (NASDAQ: SHLD) recently traded around $27, well below the level of late 2013, when it topped $50. The second generation of family management proved impressive. One shared trait: Old money didnt get them there theyve kept working. The serial health care entrepreneur said he would back Hillary Clinton but ultimately told reporters that on election day he wrote in Jeb Bush. Fracking is an emergent technology that involves high-speed injections of fluids and other materials that stimulate oil and gas flow from shale rock formations by creating fractures within them. Built as the home of the Miami Yacht Club and later converted into a single-family home, it has 255 feet of waterfront. In 2013, making the cut for the top 25 required $1.2 billion. The wealthy arent evenly distributed around the state. To be successful requires huge effort. These New Yorkers arent officially Florida residents but have homes here and affect Florida in important ways. Cisneros Group, for example, is led by CEO Adriana Cisneros, daughter of board chairman Gustavo Cisneros. I had a degree of success before coming here, Braman said in a phone interview, but my great success in life has been in South Florida.. The story: Albert H. Nahmad leads not just a company but an industry. As a result, some of the wealth fueling South Floridas Bentleys and multi-million dollar condo purchases such as privately held entrepreneurial endeavors may not be reflected on our list. He has a $14-million waterfront home in Naples. Owned by Gail and James McCready. Steve Wynn - Net Worth: $3.2 Billion Casino owner, real estate developer, and art collector Steve Wynn has overseen the development of some of the country's most popular entertainment venues, including the Golden Nugget, Golden Nugget Atlantic City, Treasure Island, the Bellagio, and The Mirage. He lives on a lake north of Naples downtown. He gave $1 million in 2016 to Baptist Health in Jacksonville. 1:50PM. In 1972, he acquired a controlling interest in Coconut Grove-based Watsco Inc. from its founder, William Wagner. While South Floridas economy turns largely on trade and tourism, the areas richest residents have made their money in a broader mix of industries and professions often linked to geography and the vibrant, entrepreneurial spirit unrestricted by the generations-old social structure of cities like New York and Chicago. That makes him the 75th richest man in America. Since the 1972 startup of Carnival, Ive spent the better part of my life working in Miami and building the company from three ships to a fleet of more than 100 ships. South Florida continues to help drive our growth, he said, citing easy access to the Caribbean and the beautiful setting here.. New York-based billionaire Richard LeFrak, for example, has been spending more time in South Florida since he invested in the 2008 recapitalization of BankUnited, the largest locally based bank. Initially, he was a sports anchor before transitioning to news reporting in February 2013. The new presidents name is all over south Florida: Trump Grande and Trump Towers in Sunny Isles, Trump Hollywood, Trump National Golf Club Jupiter, Trump National Doral and Mar-a-Lago, now the weekend White House for the most powerful person on earth. Rich then started and staffed the companys first marketing department. The Pegulas recently made a successful bid to acquire the Buffalo Bills, the National Football League franchise. The Best Buy founder has a foundation that last year gave $10 million to the American Cancer Society and is very active in his native Minnesota. Steve's scramble with the Minnesota Vikings in 1988 became a feature in a Burger King commercial in 2006. Desai has an MBA in finance from the University of Michigan's Stephen M. Ross School of Business, and a bachelor of technology degree in electrical engineering from the Indian Institute of Technology in Bombay, India. This story was originally published October 11, 2014, 8:00 PM. Hes up $1.6 billion in four years. Its holdings in the United States, Europe and South America include large equity stakes in LyondellBasell Industries, a leading chemical company, and music company Warner Music Group, which has recorded artists ranging from Aretha Franklin to k.d. Purchases of stock in Bank of America and American International Group, or AIG, in 2011 helped to produce handsome 2013 returns on investment in his $8.8 billion-asset Fairholme Fund, according to trade publication Institutional Investor. Check out the rest of your mega-rich neighbors below. frsvunna mattias flashback; trailerdragare till salu. The story: Terence M. Pegula, 63, is a self-made billionaire who collected a fortune from a technology-driven surge in gas production from shale rock. How he made his money: Took over the family business his father founded and turned it into a media industry leader. Perlmutters wife, Laura, was on Trumps inaugural committee. The family patriarch now serves as co-chairman of the board of Cisneros Group with Steven Bandel, a former chief executive officer of the family business. Early life and education [ edit] So youve got to love what you do, and if you dont, try something else.. How he made his money: Built the frozen food products business his father started. Franklin was managing $846 billion of assets just before Johnson retired. He is shoveling it out fast: $100 million to the University of Miami last year to fund engineering and science program upgrades, $35 million for a new Miami science museum. Miamis premier condo developer, Prez is wrapping up condo projects in Florida in favor of rental housing developments and projects abroad. Enough is enough. The Miami Beach Senior High grad amassed a fortune in real estate with his Related Cos. And has become Michigans biggest donor, with more than $300 million given. How he made his money: Increased interest in the extraction of gas from shale rock. "I was part of the original money that recapitalized the bank," he said. Huizenga has since sold his stake in all three teams except for fractional ownership of the Dolphins. Although the standard of living in other countries will improve and thereby raise the cost of labor there, they will always be able to do it less expensively. Ortega has been buying trophy properties in trophy cities around the globe. 5 Charles Johnson, 84 $5.7 billion Palm Beach. Steve and Kathy have three children altogether. Frost went on to invest in a generic drug developer in South Florida named Ivax Corp. Frost is a major shareholder and a director of premium liquor supplier Castle Brands, and he is a major shareholder of Vector Group Ltd., a leading cigarette manufacturer through its Liggett Group LLC subsidiary. Christopher and his brother Jude sit atop Reyes Holdings, the Chicago-based beer, soft drink and food wholesaler that ranks as the nations 12th-largest private company. Spains Amancio Ortega, the worlds second-richest person, has backed the Epic Residences & Kimpton Epic Hotel in Miami. The key take-away from the list is this: It requires more money gobs more to make and keep a place on the list. Balbirer says high net worth individuals, advised by accountants or lawyers, establish residency properly. LeFrak served four years as a director of BankUnited before selling his shares in the largest South Florida-based bank. Lampert has invested in many retail companies. There are a lot of take-aways from the list. Access has corporate offices in New York, Moscow and London. Robert Gary Sarver [1] (born October 31, 1961) is an American businessman, co-founder of Southwest Value Partners, a real estate development company, owner of the RCD Mallorca La Liga Spanish football team, [2] and the former owner of the Phoenix Suns NBA team and Phoenix Mercury WNBA team. In 1996, he founded Boca Resorts. The story: Micky Arison, 65, has been with the cruise company his father founded for more than 30 years. Read More The urban corridor from southern Palm Beach County to the Florida Keys is home, at least part time, to 19 billionaires and six millionaires with an estimated net worth of $200 million or more. In recent years, he got tangled in some twisted litigation in Florida over what else? As a result, some senior women then leave to become entrepreneurs. Fernandez advises people getting into business to try to exceed their own expectations. How he made his money: Used his managerial experience in the healthcare industry to invest successfully in healthcare-related businesses. South Florida, I am convinced, will continue to be a wonderful place to live, raise a family, work and invest in. Steve and Wife Kathy Gerrity's Children. The Norman and Irma Braman Family Foundation funded the opening of the Braman Family Breast Cancer Institute at the University of Miami's Sylvester Comprehensive Cancer Center. Frost was chairman of the board and a major shareholder of Key when he and Jaharis sold it to the old Schering-Plough pharmaceuticals company for about $575 million in 1986. Persistence and determination alone are omnipotent.. In a March 2011 article, Why Diddy Will Be Hip-Hops First Billionaire, Forbes magazine reported that Combs most lucrative asset was his 2007 agreement with Diageo, the worlds largest supplier of beverage alcohol, to promote its Ciroc vodka brand. He contributed $40 million in cash and art to the old Miami Art Museum, now known as Prez Art Museum Miami, or PAMM, located in a new home on Biscayne Bay that opened in December 2013. ). Its developments include adjacent Vero Beach golf resorts Grand Harbor and Oak Harbor. Stephen Ross, 76 $7.4 billion, Palm Beach. The value of the franchise, however, has more than doubled since he bought it. | View as text Related Information Similar Players Not the Steve Savor you're looking for? The property tax alone is $1 million a year. For Huizenga, it all started with a garbage truck. He ceded the 49ers to his sister in 2000 and focused on the real estate side. His net worth is up $4.6 billion since our 2013 ranking. In January 2012, a ship carrying Costa Cruises passengers wrecked along the Tuscan coast of Italy, killing 32 people. At the time, Weiner offered it for charter. His Ukranian-Ukrainian born father, Sidney, a successful shoemaker in Boston, went on to become a successful Florida real estate investor in the 1950s, according to Forbes. Tom James, executive chairman of Raymond James Financial in St. Petersburg, has $1.14 billion in Raymond James stock alone. Wilbur Ross, President Trumps Secretary of Commerce, just missed the cut at $2.5 billion. It includes a cluster of apartment buildings in Broward and Palm Beach counties. The name combines the first letters of Soffer, the Miami billionaire family behind Turnberry Associates, LeFrak and Miami. How he made his money: Worked with his father to build the worlds largest cruise company. Source: Privately held Access Industries. He earlier bought a block on Miami Beachs Lincoln Road for $370 million. The $4.7 billion asset sale to Royal Dutch Shell has allowed Terrence Pegula and his wife Kim Pegula to go shopping: They paid $189 million to acquire the Buffalo Sabres team in the National Hockey League in 2010, according to the Buffalo News. The story: John W. Henry, 65, got rich in commodities trading, rich enough to allow him to buy the since-renamed Florida Marlins baseball team from Wayne Huizenga for $150 million in 1999. Florida offers them favorable tax treatment that their respective home states, Connecticut and New Jersey, didnt, Navas says. There is no substitute for hard work, Arison said in an email exchange. He is the majority owner of the Miami Dolphins and Hard Rock Stadium. How can I find out if Steve Savor is still in a Broward County jail for this arrest? Coral Gables billionaire Mike Fernandez Floridas newest billionaire when we last did the list in 2013 broke with his Republican past last year over Donald Trump. Jennifer Gates is such a presence at the 12-week festival that the Gates family bought a 4.5-acre equestrian estate near the festival grounds in 2013, then kept buying adjoining properties until they had shelled out $38 million for a whole street. With 2013 revenue of $3.7 billion, Watsco is now the largest distributor of air conditioners, and heating and refrigeration equipment in its industry. spotify cover size converter. The promised resurrection. The Bramans also have supported Lotus House, a Miami shelter for homeless women and children, and the Greater Miami Jewish Federation, among other philanthropic organizations. Full Name. Steve Savor Hockey Stats and Profile at hockeydb.com Steve Savor Right Wing -- shoots R Born Jul 1 1988 -- Cooper City, FL [34 yrs. The Boston Red Sox have won three World Series championships (in 2013, 2007 and 2004) under Henrys ownership. Director George Lucas takes the number one spot with a net worth of $5. Steve Savard has an estimated net worth ranging from $300,000 to $700,000 as of 2021. Former Monsanto executive Arnold Donald became the first non-Arison to lead the company and made Carnival the largest company in Florida headed by an African-American. But Trump rarely seems to be vacationing in South Florida, where he has been an active real estate developer and redeveloper. The company is headquartered in Coral Gables and run by CEO Adriana Cisneros, who lives in Miami Beach. The company has a portfolio of mostly residential and office properties concentrated in New York, Los Angeles and London. Berkowitz said in an email that he advises people getting into business that any industry they find appealing has promise. 21, has parlayed an entertainment career into a clothing brand, cable TV venture and marketing venture. The story: Robert E. Rich Jr., 73, followed in his fathers footsteps and built the family business with a focus in frozen food products. Born and raised in Panama, Nahmad relocated to the United States in 1958 to attend the University of New Mexico and settled in South Florida in 1973, where he has been a full-time resident since. They're listed by their rank on the national list via The South Florida Business Journal. He graduated Penn State in 1973 with a bachelor of science degree and got his first job with Getty Oil Co. in Victoria, Texas. Blavatnik is a part-time resident of South Florida, with a primary residence in London, but he is likely to have a permanent impact on the redevelopment of South Beach. 3 Micky Arison, 67 $7.9 billion Bal Harbour. She was chief financial officer at Daszkal Bolton in Boca Raton. Henrys company also owns 80 percent ownership of regional television network NESN (New England Sports Network) and 50 percent of NASCAR racing team Roush Fenway Racing. Another wealth indicator: Coincidental to the Trump-Clinton weekend visit in February, New York private equity firm head Stephen Schwarzman, of the Blackstone Group, threw himself a 70th birthday party at his Palm Beach estate that featured two camels, a gondolier, a fireworks show, Gwen Stefani flying in to sing him Happy Birthday and 400 guests all for a tab the New York Times estimated at $7 million to $9 million. At the bash, Jones called for people to pressure state leaders on the foundations cause. The investment side of his business is heavily involved in such shareholder activism as publicly agitating for changes in management and board governance and sometimes engaging in proxy fights to gain control of target companies. They are young people and very knowledgeable about the product, said Frost, a former director of military aircraft contractor Northrop Grumman Corp. For people starting out in business, the important thing is what business you choose, Frost said. He graduated from Williams College in 1963 with a bachelor of arts degree, and joined the family business in 1964 as president of Rich Products of Canada Ltd. He uploaded his first video on June 11, 2019, titled ''I am taking over YouTube.'' The video has over one million YouTube views. Bloomberg News reported in June that Lampert distributed $393 million of AutoNation shares to cover investment redemptions by ESL clients. In a New York Times obituary, the newspaper noted that Ted Arison was widely regarded as the godfather of the modern cruise industry. Carnival has faced operational adversity in recent years, and its net income has declined in the last two consecutive fiscal years. Net Worth: $200 Million. Steve Savard KOLR-TV KOLR, channel 10, is a CBS-affiliated television station licensed to Springfield, Missouri, United States. Donald Trump, 70 $3.7 billion, Palm Beach. Prez preserved Related Group by renegotiating its debts and diversifying its business. Davis has an impressive net worth, and you might be wondering if the former professional snooker player is the richest. Hes written three books on fishing and, recently, a novel. While many of the billionaires and multimillionaires with South Florida homes are longtime residents, a growing number are relative newcomers lured by absolution from harsh winters and a state income tax. Theyre making money in real estate here, Hertzberg said. He buys, holds, sells and scores whether its the family eye-products company, cable, mobile or energy. Henry sold his stake in the Marlins after he and a group of investors acquired the Boston Red Sox in February 2002. No. WSVN ultimately affiliated with the Fox Network and Ansins navigation of the affiliation transition proved a success. Mike Fernandez, right, No. As of 2021, Steve Doocy has amassed a net worth of $11 Million. 1943-11-5. Braman bought the Philadelphia Eagles franchise of the National Football League in 1985 and sold the team in 1994. (He reportedly donated $3 million to Bushs political action committee.) By the end of the 1980s, Subway had locations in Puerto Rico, Canada and the Bahamas. He has a home on Indian Creek Island in northeast Miami-Dade County. South Florida has been wonderful to me.. Having billionaires as neighbors might not be quite as good as being one, but it does have its benefits. Steve Young Facts. USA Today reported in May that DeLuca had resumed his work schedule at Subway after treatment for leukemia, including chemotherapy and a bone marrow transplant. While large corporations provide a ladder for at least some women to higher and higher management positions, compensation is limited at most corporations, and many fast-track female executives are constantly being promoted at lower pay scales within the range, Shaffer said. He hasnt even publicly acknowledged being the buyer. The doctor and health care entrepreneur is also among the few on our list whos self-made and who made his money in Florida. 19, with a net worth of $41.2 billion (up from 2018). He declared Florida residency the following year. Prez also has an interest in Ross Dolphins, of which hes vice chairman. After the Mendelsons settled into a then-unincorporated Pinecrest community in southeastern Miami-Dade County, Laurans became a successful real estate investor and developer and got his sons Eric and Victor involved in the property business. Opko Health Inc. is another one of his Florida priorities. Wealthy people who live full time in South Florida sometimes started residing in the area in a second home, then little by little, they were spending more time until they moved here permanently, Weintraub said. Of the five who amassed their fortune in Florida and built companies here and employed substantial numbers of Floridians, only one did it in tourism and travel. His fortune has increased $400 million since 2013. The 10 most expensive homes on the market in Florida. As of April 2023, Steve enjoys a net worth of approximately $10 million. You really have to be devoted to it.. Steve Stevens Net Worth. The story: Miguel Mike Fernandez, 62, is chairman of a private equity investment firm in Coral Gables called MBF Healthcare Partners. Net worth: $600 million Boston, Massachusetts The Martin Trust Center for MIT Entrepreneurship - MIT 49: Martin Trust, Founder & Chairman -Trust Family Industries & Samtex Net worth: $600. Berkowitz, a Miami resident since 2006, said in an email exchange that Miami has all the resources we need, plus we get to live and work in a beautiful environment. Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. CampdenFB, a publisher focused on family businesses, ranked Rich among the 50 top family-business leaders in the world in 2012, noting that the annual revenue of Rich Products had grown to $3billion from $28million when the founders son joined the company.