Seven of the world’s 2,208 billionaires live in Maryland, according to new rankings from Forbes.
Real estate developer and Washington Nationals owner Ted Lerner, a resident of Chevy Chase, remains the wealthiest Marylander. Forbes estimates the 92-year-old is worth $4.7 billion, good for No. 441 in the world.
Baltimore Ravens owner Steve Bisciotti, who co-founded Hanover staffing giant Allegis Group, is worth an estimated $4.2 billion. The 57-year-old Millersville resident ranks No. 514 in the world.
Bisciotti’s cousin and his co-founder at Allegis, Jim Davis, has a net worth of $2.8 billion, according to Forbes. Davis ranks No. 859. (The Baltimore Business Journal recently profiled Davis and his widespread impact across the region.)
Kevin Plank, the CEO of Baltimore-based Under Armour Inc. (NYSE: UAA), is worth an estimated $1.5 billion. Plank’s wealth has slipped in the past year as Under Armour Inc.’s stock has struggled. Plank is No. 1,561 on Forbes’ new list.