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Chicago Real Estate Magnate City’s Richest

September 25, 2011

Even though the Chicago real estate market is doing so poorly, a real estate investor is Chicago’s richest resident.

Forbes magazine has released its annual list of the 400 richest Americans. Sam Zell, who was ranked No. 66 in the country, sits atop the Windy City pack with a net worth of $4.7 billion. The 69-year-old real estate magnate was ranked No. 60 last year with a net worth of $4.4 billion.

Sam Zell is Chicago's richest resident.

Another Chicago real estate investor, and the President of Midwest Gaming, Neil Bluhm, 73, was ranked No. 212 on the Forbes list and at No. 7 in Chicago with a net worth of $2 billion.

Joining Zell and Bluhm on the list for the first time is Groupon co-founder and Chairman Eric Lefkofsky. The entrepreneur came in at No. 293 on the list with a net worth of $1.5 billion and is the 15th richest Chicagoan.

Outside of the city, Bill Gates was named the richest American for the 18th straight year. His estimated net worth is $59 billion. Real estate veteran Warren Buffett came in second with a net worth of $39 billion.

In all, 18 Chicago-area residents made Forbes America’s Richest list. Here they are, with their rank and estimated net worth for 2011, as well as their rank and net worth in 2010:

• No. 66, Sam Zell, $4.7 billion. (No. 60, $4.4 billion.)

• No. 139, Oprah Winfrey, $2.7 billion. (No. 130, $2.7 billion.)

• No. 159, J. B. Pritzker, $2.5 billion. (No. 290, $1.4 billion.)

• No. 166, Ty Warner, $2.4 billion. (No. 153, $2.4 billion.)

• No. 171, Ken Griffin, $2.3 billion. (No. 159, $2.3 billion.)

• No. 188, William Wrigley Jr., $2.2 billion. (No. 170, $2.1 billion.)

• No. 212, Neil Bluhm, $2 billion. (No. 221, $1.8 billion.)

• No. 212, J. Christopher Reyes, $2 billion. (No. 205, $1.9 billion.)

• No. 212, Jude Reyes, $2 billion. (No. 205, $1.9 billion.)

• No. 242, Thomas Pritzker, $1.8 billion. (No. 252, $1.6 billion.)

• No. 263, Penny Pritzker, $1.7 billion. (No. 269, $1.5 billion.)

• No. 273, Joseph Mansueto, $1.6 billion. (No. 332, $1.2 billion.)

• No. 273, James Pritzker, $1.6 billion. (No. 308, $1.3 billion.)

• No. 273, Gigi Pritzker, $1.6 billion. (No. 308, $1.3 billion.)

• No. 293, Eric Lefkofsky, $1.5 billion. (New to the list.)

• No. 359, Nicholas Pritzker, $1.2 billion. (No. 395, $1 billion.)

• No. 375, Michael Krasny, $1.1 billion. (No. 385, $1 billion.)

• No. 372, Patrick Ryan, $1.1 billion. (No. 385, $1 billion.)

To see the entire list, visit forbes.com. Don’t bother looking for my name, it’s not there.

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Tracey

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[...] today, we talked about Chicago real estate‘s richest residents, as listed according to Forbes magazine. Rosie's new home in the 1500 [...]

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