Every year, Forbes releases its list of the 400 wealthiest people in the United States, setting the gold standard for financial success. This year, the bar was raised even higher, with a record-tying entry threshold of $2.9 billion. Among the tech moguls, professional athletes, and other notable billionaires, two Ohioans have made their mark.
Topping the list of Ohio’s wealthiest is Les Wexner, a resident of New Albany. Wexner secured the 176th position on Forbes’ list with a staggering net worth of $6 billion. He is the founder of L Brands, a global retail conglomerate that has included iconic brands like Victoria’s Secret and Bath & Body Works. Wexner’s leadership spanned over five decades, making him a stalwart in the retail industry.
A Sporting Fortune
The next Ohioan to grace the list is Denise DeBartolo York, who ranks 182nd with a net worth of $5.8 billion. York grew up in a family famous for real estate development. She resides in Youngstown and her family owns over 90% of the San Francisco 49ers, one of the NFL’s 10 most valuable teams. Her financial prowess extends beyond Ohio, impacting the lucrative world of professional sports.
The Buckeye State’s Billionaires: A Closer Look
While the list is dominated by individuals from various states and industries, the inclusion of two Ohioans is noteworthy. It reflects not just individual achievement but also the economic vitality and diverse opportunities available in Ohio. From retail empires to sports franchises, the state is home to a range of lucrative ventures.
While they may not be Delaware Countians, the presence of such wealthy individuals in Ohio has broader implications. It serves as an indicator of the state’s economic health and its ability to foster entrepreneurial talent. Moreover, the philanthropic efforts of these billionaires could have a significant impact on local communities, further enhancing Ohio’s reputation as a center of opportunity.
Source: Forbes, Wikipedia; Image: DALLE-3