5 Michiganians make Forbes list of wealthiest Americans
Five Michigan billionaires have made Forbes list of the 400 wealthiest Americans for 2021 — and the names aren’t much of a surprise.
Ranked at No. 23 on the list, and the highest among all Michiganians, is 59-year old Quicken Loans founder and Chairman Dan Gilbert. Gilbert’s net worth is listed by Forbes as $30.9 billion.
Quicken, which originated $320 billion in mortgages in 2020, went public as Rocket Companies in August 2020 at a $36 billion valuation. Gilbert is also the owner of the NBA’s Cleveland Cavaliers. So far, Gilbert and his companies have invested $5.6 billion to purchase and rehab a swath of buildings in downtown Detroit. He also cofounded online sneaker sale platform StockX, which is now valued at $3.8 billion.
Hank and Doug Meijer
No. 42 on the list are Hank and Doug Meijer of Grand Rapids. The brothers own the supermarket chain Meijer, which has 230 stores in the Midwest.
The brothers share a net worth of $16.9 billion, and still serve on the board of the company which brings in an estimated $19.5 billion in sales, Forbes said.
Their grandfather Hendrik, a Dutch immigrant, started the company back in 1934.
Mat Ishbia of Bloomfield Hills, the president and CEO of mortgage lender United Wholesale Mortgage now, UWM Holdings, ranks No. 102 on Forbes' list.
Ishbia has a total net worth of $8.3 billion with a 69 percent stake in the company, which was founded by his attorney father Jeff in 1986 as a side gig.
Mat joined the firm in 2003 after graduating from Michigan State University and became the CEO in 2013. By 2015, UWM became America’s largest wholesale lender.
Ranked at 117 is Ronda Stryker, of Portage, who is the director of Stryker Corp, the medical equipment company that was founded by her grandfather Homer Stryker.
Stryker has a net worth of $7.5 billion with a 6 percent stake in the company that she inherited from her parents, Forbes said. She is the only one of her siblings to serve on the board.
The final Michiganian comes in at 253: Marian Illtich, of Bingham Farms, who is the wife of deceased pizza mogul Mike Illitch. Together the couple founded Little Caesars Pizza in 1959.
Marian has a net worth of $4.4 billion as the current owner of the pizza chain that brings in more than $4 billion in annual sales, Forbes reported.
She also owns the Detroit Red Wings and MotorCity Casino Hotel — the Detroit Tigers are held by a family trust. Ilitch is helping build a $1.4 billion sports and entertainment district in Detroit that includes a new headquarters with pizza-shaped windows.
One notable name that fell off the list this year: Former President Donald J. Trump.
Terry Pegula is the 188th-richest American, Forbes says
Owner Terry Pegula of the Buffalo Bills walks to the field prior to the game against the Pittsburgh Steelers at Highmark Stadium on September 12, 2021 in Orchard Park, New York. (Photo by Bryan M. Bennett/Getty Images)
What is Terry Pegula’s net worth? Here’s what Forbes says about the Bills and Sabres owner
BUFFALO, N.Y. (WIVB) – Of the approximately 330 million people living in America, only 187 are richer than Bills and Sabres owner Terry Pegula, according to new rankings released Tuesday by Forbes.
Pegula’s net worth is $5.7 billion, according to Forbes’ numbers. That’s an increase of $600 million over the past year and $800 million from 2019, which equates to a 16% rise from his pre-pandemic valuation.
Pegula ranks tied for 20th in Forbes’ ranking of richest sports owners and tied for eighth among NFL owners.
Forbes gave Pegula a Philanthropy Score of 2 out of 5, with 5 being the best. Only eight members of the Forbes 400 received a 5.
Pegula, whose fortune was self-made in the oil and gas industry, ranked tied for 520th on Forbes’ list of billionaires worldwide.
Pegula and Bills are currently seeking a public-private partnership to build a new football stadium in Orchard Park. Pegula Sports and Entertainment has proposed a $1.4 billion stadium across the street from the currently facility.
New York Gov. Kathy Hochul said the state is conducting its own study to evaluate the team’s stadium needs and will share the findings with the public.
Amazon founder Jeff Bezos ranked first on Forbes’ list with a net worth of $201 billion. Former president Donald Trump did not make the Forbes 400 for the first time in over 20 years, according to CNN.
‘New Amsterdam’: Michelle Forbes Teases Banter Between Max & Veronica
A new and improved New Amsterdam is job one for Dr. Veronica Fuentes (Michelle Forbes, above), the mysterious visitor from last week’s episode who tonight is revealed to be a financial “fixer” brought in to boost the hospital’s bottom line.
Here Forbes, whose credits include True Blood, The Killing and Berlin Station, offers us a free preview.
What attracted you to this character?
Michelle Forbes: Her supreme confidence. She’s a provocateur. She doesn’t care one blink what people think of her. If you hate her, she actually finds that amusing, almost endearing. My last gig was on [ABC’s] Big Sky, as a woman beaten down by life’s woes. It’s nice to be free of that.
Does Dr. Fuentes get along with do-gooder Dr. Max Goodwin (Ryan Eggold)?
They have a history, so they know their approaches are completely antithetical: pragmatism versus idealism. She enjoys taking the piss out of him—it’s easy because he’s so earnest.
How has it been working with Ryan?
I’m having an enormous amount of fun with him because we have a lot of bantering, and I don’t [usually] get to do that kind of stuff. If there’s a depressing show, I’ll find it. [Laughs] But occasionally, I like to go to work with some amazing actors, have some fun banter, wear some pretty clothes and talk about hope. The focus this season is joy.
So she’ll win over other staffers?
She tells them what they want to hear. That doesn’t mean she’s going to fulfill it.
New Amsterdam, Tuesdays, 10/9c, NBC