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. is adam leaving the young and the restless 2022. He is chairman of the board of the St. Joe Company, a publicly held Florida-based real estate developer. One was a company acquirer and builder. His Related Group is separate from New York-based Stephen Ross Related Cos., though they each have an ownership stake in the other. He is the majority owner of the Miami Dolphins and Hard Rock Stadium. The serial health care entrepreneur said he would back Hillary Clinton but ultimately told reporters that on election day he wrote in Jeb Bush. Gender: All males Average age: 68 Average net worth: $4.7 billion Median net worth: $3.8 billion Oldest: 84 Youngest: 46 Immigrants: 6 Bachelors holders: 20 Advanced degree holders: 6 Never graduated college: 4 Two-year degree holders: 1 Florida natives: 0 Florida college graduates: 0 Self-made: 17, Most prevalent source of fortune: Investing: 7 Manufacturing: 5 Real estate: 4. 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 private equity firm remains active in Miami-based Concordia Care, Vero Beach-based eMindful and Miami-based Strategic Health Holdings. 2. Steven Smith Net worth $23 million & he is the current captain of Australia. Greene came to Florida with his family in the 1970s, working for a time as a busboy at the Breakers. Berkowitz said in an email that he advises people getting into business that any industry they find appealing has promise. The big Penn State donor has his primary residence near Boca Raton, but his heart looks northward. Quintessential with this exception: He built the Buffalo,N. In 1983, Pegula borrowed $7,500 from family and friends to start East Resources Inc., and he built the independent oil and gas exploration business into one of the largest privately held companies in the United States with a helping hand from advanced oilfield technology. It has 1,200 feet of beach frontage, 1,300 feet on the Intracoastal and a furnished, air-conditioned tunnel running under A1A connecting the main house to guest houses. The name combines the first letters of Soffer, the Miami billionaire family behind Turnberry Associates, LeFrak and Miami. Make a one-time donation today for as little as $1. New York Stock Exchange-listed Heico stock recently was trading at share prices near $47, about 28 percent below the 52-week high of $65.04. His net worth is an estimated $26.6 billion. South Florida, I am convinced, will continue to be a wonderful place to live, raise a family, work and invest in. By the end of the 1980s, Subway had locations in Puerto Rico, Canada and the Bahamas. Franklin employs 1,100 in Florida. You can find more information on an imate by visiting the county's arrest inquiry page or by calling 954-831-5900. They can buy bigger properties for their money. The couple bought preconstruction and listed it a few months after taking ownership. MBF focuses on investments in healthcare service providers. Owned by Gail and James McCready. As. Hes up $1.6 billion in four years. The young rider in a black jacket and white pants is Jennifer Gates, daughter of the worlds richest man. The story: Micky Arison, 65, has been with the cruise company his father founded for more than 30 years. Today, it takes $2.6 billion. Lampert has invested in many retail companies. New York Stock Exchange-listed Lennar stock recently was trading at share prices around $39, about 11 percent below its 52-week high of $44.40. Peterffys estate comes in 30th in taxes, with a $587,409 bill on $38.5 million in market value. In 2014, a federal court ordered him and his real estate company to pay $450,000 in damages to a sculptor whose work they had copied; another court awarded $640,000 to another sculptor. 6 Dirk Ziff, 52 $4.8 billion North Palm Beach. The majority of students attend on financial aid. According to Forbes magazine, Olenicoff has been preparing his daughter Natalia Ostensen to take over the management of Olen Properties. Steve Savard has an estimated net worth ranging from $300,000 to $700,000 as of 2021. Amazons cavernous distribution centers continue to go up in Florida, while his Blue Origin rocket company is building a rocket factory just outside the Cape Canaveral space port fence. Peter is an assignment reporter at Fox News who was born on July 21, 1987. His fortune has increased $400 million since 2013. 10 $35.9 million 5004 N. Bay Road, Miami Beach. Our labor will continue to go up; our technological superiority gap will continue to narrow with other countries, particularly China and Russia. File for a homestead exemption to designate a Florida home as the primary residence. Hes written three books on fishing and, recently, a novel. He is a financial backer of Faena District, a multi-block, multi-use real estate project under way in Miami Beach, led by Argentine developer Alan Faena, who in 2012 started amassing hotel properties on Collins Avenue, including the old Saxony, Versailles and Atlantic Beach hotels. Prez also has an interest in Ross Dolphins, of which hes vice chairman. His net worth is up $4.6 billion since our 2013 ranking. Arisons net worth could take a dip even if Carnival stock remains buoyant. Source: Fairholme Capital Management, LLC. To charter it for a week cost the rough equivalent of four years at a private university. At the bash, Jones called for people to pressure state leaders on the foundations cause. 15 Jeff Greene, 62 $3.3 billion Palm Beach. Frost became co-chairman of Teva shortly after its 2006 acquisition of Ivax. 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.. How reclusive? 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. So youve got to love what you do, and if you dont, try something else.. When his father, Samuel LeFrak, died in 2003, New York-based, family-run LeFrak Organization already was one of the largest private building firms in the world, according to a New York Times obituary. Public institutions including the Arsht Center for the Performing Arts, the New World Symphony performance hall in Miami Beach, the Frost Museum of Science, the Prez Art Museum Miami and the University of Miamis Miller School of Medicine have been made possible in part by gifts by the Arison and Miller families and individuals like Philip Frost, Prez and philanthropist Adrienne Arsht (who gave $30 million for the performing arts center, though her wallet isnt quite hefty as those on this list). Dirk Ziff, eldest of the Ziff brothers, is dealing of late with small potatoes financially. When he sold the company for $1.25 billion in 2004, Boca Resorts owned the Boca Raton Resort & Club and two Fort Lauderdale properties, the Hyatt Regency Pier 66 Hotel and Marina, and the Radisson Bahia Mar Resort and Yachting Center. Milwaukee, Wisconsin, United States. He called the election for Trump in October, telling CNBC, I wouldnt give 2 cents for what the New York Times says about this election. 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. Before this downturn, anything below 1 million housing starts in a year was considered almost a housing depression. By the time Eric and Victor were in college, Mendelson had switched his investment preferences from real estate to public companies, and his sons invested along with him and suggested target companies to buy and flip for profit. Its a very diversified source of wealth compared to what youd find in Silicon Valley and other parts of the United States, said Luis Navas, managing partner of Global Governance Advisors. Steve and Kathy have three children altogether. In 2013, Arison ended his 34 years as CEO of the Carnival cruise line business he had built into its leviathan scale after taking over from its founder, his father, Ted. The operations side of Icahn Enterprises runs businesses in myriad industries. The island is the second home of magnates like David Koch, Discount Tires Bruce Halle of Phoenix and Citadel hedge funds Ken Griffin of Chicago, not to mention Estee Lauder and Cox heirs, buyout maven Henry Kravis, Patriots owner Robert Kraft, casino owner Steve Wynn and, of course, the president of the United States. Rich is nearly the quintessential Keys transplant. The company provided IT services to 120 customers last year in the United States and Europe, including American Express and State Street Bank, its two largest customers in 2013. 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. Reach for the unreachable, he said in an email exchange, but avoid debt whenever possible, and be the dumbest person in the room, as this will accelerate your development., Fernandez also said by email that South Florida has provided him a useful sense of likely U.S. business trends: By looking at Florida's changing demographics, I believe that you are seeing our nations future. Prez preserved Related Group by renegotiating its debts and diversifying its business. In 1984, the company began expanding abroad by opening a location in Bahrain. He is the principal owner behind the 2001 formation of Fenway Sports Group, which has a portfolio including the Red Sox, English Premier League soccer team Liverpool FC and their home stadiums. Led by Laurans Mendelson as chairman and sons Eric and Victor, the co-presidents of the company, Heico now has a market capitalization of $3.19 billion, way up from $25 million when they bought control of Heico in 1990. LeFrak now has a second home in Miami Beach and two Miami-area real estate projects under way: renovation of the Gansevoort hotel in Miami Beach in partnership with Starwood Capital and resuscitation of an aborted North Miami development previously known as Biscayne Landing. Lots and lots of money. Micky Arison, Miami Heat owner and Carnival Cruises CEO has the biggest moneybags in Miami with a net worth of $4.2 billion. His portfolio in both film and TV is much more extensive than that of his colleagues, though. Citadel hedge funds Ken Griffin paid $60 million for two units at Faena House in 2015. The newspaper also reported that DeLuca, a Fort Lauderdale resident, spends most of his time traveling to visit Subway franchisees and has no plans to retire.. Born to Cuban parents in Argentina, hes self-made and made-in-Florida, first developing government-supported housing before switching to luxury condos.He purchased a unit in a Fort Lauderdale condo he developed, Auberge Beach Residences & Spa, for use as his beach pad.