7 Marylanders Are Among The World’s Billionaires

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.

Click here to read the rest of the article over at the Baltimore Business Journal

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