DC Area’s 11 Billionaires (12 Counting The One At 1600 Pennsylvania Ave.)

The D.C. area is home to 11 billionaires who made the 2019 Forbes list, including the region’s newest billionaire resident, President Donald Trump.

Forbes’ 33rd-annual ranking of the world’s billionaires counts 2,153 of them worldwide, down from 2,208 in 2018. The total net worth of this year’s billionaires is $8.7 trillion, down from $9.1 trillion in 2018, the first decrease in billionaire wealth since 2016.

The average net worth of billionaires on the 2019 list is $4 billion, down from $4.1 billion in 2018.

The top of the list remains Jeff Bezos. The Amazon founder, who bought a $32 million mansion in Kalorama, has an estimated net worth of $131 billion, up $19 billion from 2018.

Here are the D.C. area’s billionaires, where they rank this year, and their net worth, as estimated by Forbes:

* No. 33 Jacqueline Mars – $23.9 billion
* No. 272 Steven Rales – $6 billion
* No. 365 Ted Lerner and family – $4.9 billion
* No. 597 Mitchel Rales – $3.6 billion
* No. 597 (tie) Bernard Saul II – $3.6 billion
* No. 715 Donald Trump – $3.1 billion
* No. 838 William Conway Jr. – $2.7 billion
* No. 838 (tie) Daniel D’aniello – $2.7 billion
* No. 838 (tie) David Rubenstein – $2.7 billion
* No. 1,057 Daniel Snyder – $2.2 billion
* No. 1,717 Steve Case – $1.3 billion
* No. 1,941 Ted Leonsis – $1.1 billion

Baltimore can claim two billionaires as well:

* No. 472 Stephen Bisciotti – $4.2 billion
* No. 1,227 Kevin Plank – $1.9 billion

Click here to read the rest of the article written by Jeff Clabaugh over at WTOP

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