California Billionaires
California Billionaires
March 10, 2006
Recent reports show that there are at least 100 new billionaires in the world this year, adding to the ever expanding list. Many billionaires reside in California, and are displayed below. Listings include rank, name, age where known, wealth in billions of dollars and source of the money.
A number of billionaires share the same rank because their wealth was reported as being identical to each other.
15. Lawrence Ellison, 61, $16, Oracle
26. Sergey Brin, 32, $12.9, Google
27. Larry Page, 33, $12.8, Google
53. Kirk Kerkorian, 88, $8.7, investments, casinos
63. Sumner Redstone, 82, $7.7, Viacom
103. Eli Broad, 72, $5.9, investments
104. Donald Bren, 73, $5.7, real estate
129. Eric Schmidt, 50, $4.8, Google
140. David Geffen, 63, $4.4, DreamWorks
140. Steven Jobs, 51, $4.4, Apple Computer, Pixar
147. Charles Johnson, 73, $4.3, Franklin Resources
168. David Murdock, 82, $4, investments
168. Charles Schwab, 68, $4, discount stock brokerage
181. Gordon Moore, 77, $3.7, Intel
185. Rupert Johnson Jr., 64, $3.6, Franklin Resources
194. Bradley Hughes, 72, $3.5, Public Storage
194. George Lucas, 61, $3.5, Star Wars
224. Roland Arnall, 67, $3, mortgage banking
240. David Filo, 39, $2.9, Yahoo
240. A. Jerrold Perenchio, 75, $2.9, Univision
245. Haim Saban, 61, $2.8, television
245. Steven Spielberg, 59, $2.8, movies
258. Henry Nicholas III, 46, $2.7, Broadcom
292. Riley Bechtel, 54, $2.5, engineering
292. Stephen Bechtel Jr., 80, $2.5, engineering
292. Barbara Davis and family, 76, $2.5, inheritance, oil
292. George Roberts, 61, $2.5, leveraged buyouts
317. Henry Samueli, 51, $2.4, Broadcom
317. Steven Udvar-Hazy, 60, $2.4, leasing
317. Jerry Yang, 37, $2.4, Yahoo
335. Ronald Burkle, 53, $2.3, investments
350. Gordon Getty, 73, $2.2, inheritance, oil
365. Alfred Mann, 80, $2.1, inventor, entrepreneur
365. Ernest Rady, 68, $2.1, banking, insurance
382. Charles Brandes, 63, $2, money management
382. William Hearst III, 56, $2, Hearst Corp
382. Michael Milken, 59, $2, investments
382. John Sobrato, 66, $2, real estate
410. Phoebe Hearst Cooke, 79, $1.9, Hearst Corp
410. Louis Gonda, 57, $1.9, leasing
410. David Hearst Jr., 60, $1.9, Hearst Corp
410. George Hearst Jr., 78, $1.9, Hearst Corp
410. Irwin Jacobs, 72, $1.9, Qualcomm
428. Franklin Booth Jr., 83, $1.8, Berkshire Hathaway
428. Margaret Cargill, 86, $1.8, inheritance
428. Jess Jackson, 76, $1.8, Kendall-Jackson
451. Tom Gores, 41, $1.7, leveraged buyouts
451. Anthony Pritzker, 45, $1.7, hotels, investments
451. Daniel Pritzker, 47, $1.7, hotels, investments
451. John Pritzker, 53, $1.7, hotels, investments
486. Ray Dolby, 73, $1.6, Dolby Laboratories
486. Thomas Siebel, 53, $1.6, Siebel Systems
486. Patrick Soon-Shiong, 54, $1.6, generic drugs
486. Elizabeth Wiskemann, $1.6, mutual funds
512. Archie Aldis (Red) Emmerson, 76, $1.5, timberland, lumber mills
512. Charles Munger, 82, $1.5, Berkshire Hathaway
512. Kavitark Shriram, 50, $1.5, Google
512. Margaret Whitman, 49, $1.5, Ebay
562. John Anderson, 88, $1.4, investments
562. George Argyros, 69, $1.4, investments
562. Robert Day, 61, $1.4, money management
562. Leslie Gonda, 85, $1.4, International Lease Finance
562. Ming Hsieh, 50, $1.4, Cogent Systems
606. John J. Fisher, 44, $1.3, Gap
606. Robert Fisher, 52, $1.3, Gap
606. William Fisher, 48, $1.3, Gap
606. Alec Gores, 53, $1.3, leveraged buyouts
606. Gary Michelson, 57, $1.3, medical patents
606. John Morgridge, 72, $1.3, Cisco
606. Alexander Spanos, 82, $1.3, real estate
645. Carl Berg, 68, $1.2, real estate
645. Timothy Blixseth, 55, $1.2, timber, real estate
645. Alan Casden, 60, $1.2, real estate
645. Scott Cook, 53, $1.2, Intuit
645. David Copley, 54, $1.2, newspapers
645. Roy Disney, 76, $1.2, Walt Disney
645. Ernest Gallo, 97, $1.2, wine
645. Herbert Sandler, 74, $1.2, banking
645. Theodore Waitt, 43, $1.2, Gateway
698. John Arrillaga, 68, $1.1, real estate
698. Kenneth Fisher, 55, $1.1, money management
698. William Gross, 61, $1.1, bonds
698. George Joseph, 84, $1.1, insurance
698. Robert Naify, 84, $1.1, movie theaters
698. Richard Peery, 65, $1.1, real estate
698. Edward Roski Jr., 67, $1.1, real estate
698. Marion Sandler, 75, $1.1, banking
698. Joyce Raley Teel, 76, $1.1, supermarkets
746. L. Doerr, 55, $1, venture capital
746. William Hilton, 78, $1, hotels, casinos
746. Bernard Osher, 78, $1, banking, investments
If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business. Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most. They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges. Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
New Jersey Governor Says Enough is Enough on Taxing the Wealthy
New Jersey Governor Says Enough is Enough on Taxing the Wealthy It seems that no tax is a bad tax when it comes to the “left” side of the government. It’s a well-known fact that the wealthiest Americans pay the largest portion of the country’s taxes. However, there are some government leaders that lean “right”…
Clinton’s Using Careful Strategies to Avoid Tax They Support
Clinton’s Using Careful Strategies to Avoid Tax They Support Have you ever wondered what wealthy democrats do when tax laws they support and vote for come back to apply to them? Although people typically associate being wealthy with republicans, there are plenty of rich democrats in the nations’ capitol as well. So just what do…
California Going After Tax-Evaders
We have discussed the federal government’s efforts to track down tax-evaders many times before, but the IRS isn’t the only tax agency looking to crack down on those who don’t pay their fair share of taxes. The California Franchise Tax Board is in the middle of a five-and-a-half-year effort to automatically find and identify noncompliant…
The IRS is Not a Bully, No.4
The IRS is Not a Bully You can poke a bully in the nose. Palo Alto, CA. July 4, 2014 – This is the Fourth installment of “The IRS is Not a Bully” series, identifying taxpayer concerns and the difficult position in which Congress puts the IRS. Namely, applying ever increasing pressure to operate in…