5 Minnesotans on Forbes 400 Richest Americans - KMSP-TV

5 Minnesotans on Forbes 400 Richest Americans list

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MINNEAPOLIS (KMSP) -

Five Minnesotans, led by hotel and restaurant magnates Barbara Carlson Gage and Marilyn Carlson Nelson, held their spots on the Forbes 400 list of the wealthiest Americans.

MINNESOTANS ON FORBES 400

92. Barbara Carlson Nelson ($4 billion, Carlson Inc.)

92. Marilyn Carlson Nelson ($4 billion, Carlson Inc.)

132. Whitney MacMillan ($3 billion, Cargill)

229. Stanley Hubbard ($2.1 billion, DirecTV, Hubbard Broadcasting)

285. Glen Taylor ($1.7 billion, Taylor Corp. printing, Minnesota Timberwolves)

TOP 10

1. Bill Gates ($66 billion, Microsoft)

2. Warren Buffett ($46 billion, Berkshire Hathaway)

3. Larry Ellison ($41 billion, Oracle)

4. Charles Koch ($31 billion, Diversified)

4. David Koch ($31 billion, Diversified)

6. Christy Walton and family (27.9 billion, Wal-Mart)

7. Jim Walton ($26.8 billion, Wal-Mart)

8. Alice Walton ($26.3 billion, Wal-Mart)

9. S. Robson Walton (26.1 billion, Wal-Mart)

10. Michael Bloomberg ($25 billion, Bloomberg LP)

NEW TO THE LIST

179. Shahid Khan (owner of the NFL's Jacksonville Jaguars)

239. Andrew and Peggy Cherng (Panda Express)

285. Judy Faulkner founder of health records firm Epic Systems)

392. Jack Dorsey (creator and cofounder of Twitter)

BIGGEST CHANGE

Biggest dollar gainer: Larry Ellison (No. 3) up $8 billion to a net worth of $41 billion.

Biggest dollar loser: Mark Zuckerberg (No. 36) down $8.1 billion to a net worth of $9.4 billion.

2012 FORBES 400 HIGHLIGHTS

Total combined net worth of the 400 club: $1.7 trillion, up from $1.5 trillion in 2011.

70 percent made their fortunes entirely from scratch.

The average net worth of a Forbes 400 member is $4.2 billion, up from $3.8 billion in 2011. This is a record high.

Biggest dollar gainer: Larry Ellison (No. 3) up $8 billion to a net worth of $41 billion.

Biggest dollar loser: Mark Zuckerberg (No. 36) down $8.1 billion to a net worth of $9.4 billion.

There are 45 women on the list, versus 42 women in 2011.

The oldest is David Rockefeller Sr. (No. 151), age 97.

The youngest is Dustin Moskovitz (No. 151), age 28.

California has the most Forbes 400 members, with 87, followed by New York (67), Texas (46), Florida (32) and Illinois (13).

Top cities where members live: New York (53), San Francisco (18), Dallas (16), Los Angeles (13) and Houston (12)

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