Business Forbes 400: Meet the 22 Newcomers to the 2016 Billionaires [See LIST]

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The 400 richest Americans requires the minimum amount of about $1.7 billion in 2016 – but 22 new billionaires joined The Forbes 400 club this year.

“More than two-thirds of them lucked into it, inheriting at least some of their wealth”, Forbes said in the new release.

Seven was said to have hit the jackpot on their own, selling everything from plastics to beverages to hair care products. Others owed their fortunes to familiar brands such as Facebook, Publix, Cargill and U-Haul

Here’s a full list of the 22 new members of the 2016 Forbes 400:

1. James Chambers

Net worth: $7.2 billion

Source of wealth: media

2. Katharine Rayner

Net worth: $7.2 billion

Source of wealth: media

3. Margaretta Taylor

Net worth: $7.2 billion

Source of wealth: media

4. Allan Goldman

Net worth: $3 billion

Source of wealth: real estate

5. Amy Goldman Fowler

Net worth: $3 billion

Source of wealth: real estate

6. Jane Goldman

Net worth: $3 billion

Source of wealth: real estate

7. Diane Kemper

Net worth: $3 billion

Source of wealth: real estate

8. Charles Cohen

Net worth: $2.8 billion

Source of wealth: real estate

9. E. Joe Shoen

Net worth: $2.3 billion

Source of wealth: U-Haul

10. Jim Davis

Net worth: $2.2 billion

Source of wealth: staffing & recruiting

11. Rakesh Gangwal

Net worth: $2.2 billion

Source of wealth: airline

12. Jeff Rothschild

Net worth: $2.2 billion

Source of wealth: Facebook

13. John Tyson

Net worth: $2.2 billion

Source of wealth: food processing

14. Nick Caporella

Net worth: $2.1 billion

Source of wealth: beverages

15. William Young

Net worth: $2.1 billion

Source of wealth: plastics

16. Todd Christopher

Net worth: $2 billion

Source of wealth: hair care products

17. Alexandra Daitch

Net worth: $1.8 billion

Source of wealth: Cargill

18. Sarah MacMillan

Net worth: $1.8 billion

Source of wealth: Cargill

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19. Lucy Stitzer

Net worth: $1.8 billion

Source of wealth: Cargill

20. Katherine Tanner

Net worth: $1.8 billion

Source of wealth: Cargill

21. Carol Jenkins Barnett

Net worth: $1.7 billion

Source of wealth: Publix supermarkets

22. Jen-Hsun Huang

Net worth: $1.7 billion

Source of wealth: semiconductors


Read more: Forbes
 
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