Mar
12

Coupon King is Chicago’s Newest Billionaire

March 12, 2011

Here’s a list we all wish to grace.

Eric Lefkofsky

Eric Lefkofsky is Chicago's newest billionaire.

Forbes magazine released its 2010 list of World Billionaires. The usual Chicago names are on there, with one new addition: Groupon’s co-founder Eric Lefkofsky.

This year’s list broke records in size, with 1,210 billionaires, and combined worth, with $4.5 trillion.

Americans accounted for 34 percent of the world’s richest, down from 40 percent last year. The Asia-Pacific region came in second with 27 percent.

“This year, the United States is still number one but the lead is shrinking,” said Forbes. “The trend is very real.”

Mexican tycoon Carlos Slim, 71, is the wealthiest person on earth for the second year in a row with a fortune worth an estimated $74 billion.

Not that impressive, considering the No. 2 richest, Microsoft co-founder Bill Gates, 55, is now worth $56 billion after giving away a large portion of his wealth to charity.

That is impressive.

No. 3 on the list, and a Chicagoland Real Estate Forum favorite, Berkshire Hathaway CEO Warren Buffett, 80, is worth $50 billion. He, too, has given half his fortune to charitable causes.

Facebook’s Mark Zuckerberg, 26, saw his net worth more than triple, from $4 billion to $13.5 billion. That is the largest percentage gain of any billionaire this year. Five other people connected to Facebook made the list as well.

Twenty of the world’s 1,210 richest reside in the Chicago area.

Here are those local billionaires with their age, place of residency, occupation and net worth according to Forbes Magazine:

*No. 208: Sam Zell, 69, Chicago, real estate and private equity, $5 billion

Sam Zell holding money

Real estate tycoon Sam Zell is Chicago's richest resident.

*No. 217: Lester Crown and family, 85, Wilmette, investments, $4.9 billion

*No. 420: Oprah Winfrey, 57, Chicago, television, $2.7 billion

*No. 488: Ty Warner, 67, Chicago, Beanie Babies, $2.4 billion

*No. 512: Ken Griffin, 42, Chicago, hedge funds, $2.3 billion

*No. 564: Thomas Pritzker, 60, Chicago, hotels and investments, $2.1 billion

*No. 564: Williams Wrigley Jr., 47, Lake Forest, chewing gum, $2.1 billion

*No. 651: Penny Pritzker, 51, Chicago, hotels and investments, $1.9 billion

*No. 651: J. Christopher Reyes, 57, Lake Forest, Reyes Holdings, $1.9 billion

*No. 651: Jude Reyes, 55, Kenilworth, Reyes Holdings, $1.9 billion

*No. 692: Neil Bluhm, 73, Chicago, real estate, $1.8 billion

*No. 692: Jay Robert Pritzker, 46, Evanston, hotels and investments, $1.8 billion

*No. 736: James Pritzker, 59, Chicago, hotels and investments, $1.7 billion

*No. 736: Jean (Gigi) Pritzker, 49, Chicago, hotels and investments, $1.7 billion

*No. 782: Joseph Mansueto, 54, Chicago, Morningstar, $1.6 billion

*No 782: Eric Lefkofsky, 41, Glencoe, technology, $1.6 billion

*No. 993: Patrick Ryan, 73, Winnetka, insurance, $1.2 billion

*No. 993: Nicholas Pritzker, 67, Chicago, hotels and investments, $1.2 billion

*No. 993: Matthew Bucksbaum and family, 85, Chicago, real estate, $1.2 billion

*No. 1057: Michael Krasny, 57, Highland Park, CDW Corp., $1.1 billion

Sadly, no one from Chicagoland Real Estate Forum came even close to making the list. Maybe next year.

About The Author

Tracey

Read All Stories By Tracey

2 Comments

1

[...] The country is in financial crisis, and Chicago is no different. One Illinois Senator is attempting to reduce the deficit by creating a new tax system for millionaires and billionaires. [...]

2

[...] Groupon has certainly made a splash since its inception, and now it’s trying its hand in the Chicago real estate [...]

Leave a Comment

Copyright © 2008-2017 mRELEVANCE, LLC | Chicago Real Estate News | Chicagoland Real Estate Forum. All rights reserved. Thank you for visiting Chicago Real Estate News Chicagoland Real Estate Forum, Real Estate Listings and Information Provided by MLC Realty, Inc.
Internet Marketing by Marketing RELEVANCE

Equal Housing Opportunity

1819 W Grand Ave | Chicago, IL 60622