Six Massachusetts Billionaires Made Forbes’ Richest People List
Photo by SCOTT M. LACEY for ‘I’m Robert Kraft. Do You Know Who I Am?’
Six Bay State billionaires have cracked this year’s Forbes 400 list of the wealthiest people in America, and it’s the usual suspects:
- Fidelity CEO and Harvard alum Abigail Johnson, named the richest person in Boston earlier this year, is also the richest person in Massachusetts, ranking 29th on Forbes’ list with an estimated net worth of $13.2 billion.
- Her father, Fidelity chairman Edward Johnson III, ranked 68th with an estimated net worth of $7.1 billion.
- Jim Davis and his family rounded out the top 100 at No. 94, with an estimated net worth of $5.2 billion. Davis bought New Balance in 1972 when it was producing just 30 pairs of shoes a day, and has since turned it into a sports apparel juggernaut with $3.7 billion in estimated sales.
- Patriots owner and Brookline native Robert Kraft ranked 102nd with an estimated net worth of $5.1 billion. Earlier this year, Forbes named the Pats, which Kraft purchased for $172 million in 1994, the second-most valuable franchise in the NFL, worth $3.4 billion. (The Dallas Cowboys took the top spot.)
- Also representing Massachusetts is cable TV pioneer and Barr Foundation co-founder Amos Hostetter, Jr. (214th, $3.1 billion).
- And finally, Phillip Ragon (374th, $1.8 billion), owner of Cambridge-based healthcare software company InterSystems, remains on the list after cracking the top 400 back in 2013.
Beyond Massachusetts, Bill Gates is still the richest guy in the room, Warren Buffett loses his no. 2 seat to Jeff Bezos of Amazon, and Facebook’s Mark Zuckerberg is sitting pretty at no. 4. Charles and David Koch share the no. 7 spot.
In addition to sorting their annual list by industry and state, Forbes also deconstructs the list with breakouts on Immigrants, Women, Youngest, Newcomers, and Self-Made.
You can check out Forbes’ full list here.
Previously:
The Same Rich People on Forbes’ 2015 World Billionaires List
The Same Rich People on the 2014 Forbes 400 List
The Same Rich People on the 2013 Forbes 400 List
The Same Rich People on the 2012 Forbes 400 List
