CEO, The Kamson Corporation Richard Kurtz is the founder, CEO and controlling shareholder of The Kamson Corporation, a privately held real estate management company. The Englewood, New Jersey-headquartered Kamson controls over 60 multifamily apartment buildings properties, with over 15,000 units, across New Jersey, New York, Pennsylvania and Connecticut. Net worth: $1 bi... read more
CO – FOUNDER, AppLovin Andrew Karam is a cofounder of AppLovin, which which makes mobile games and provides marketing services to app developers. Karam serves as vice president of product at the Palo Alto-based technology company. Net worth: $1 billion Before AppLovin, Karam cofounded mobile marketing firm Social Hour and Style Page, a now-defunct social platform f... read more
Musician Entrepreneur and musician Kanye West lost his lucrative multi-year deal to design sneaker brand Yeezy for Adidas after making antisemitic comments. Other brands and companies that cut ties to West, who formally changed his name to Ye, include Gap, CAA and Balenciaga. Net worth: $400 million Forbes had valued the Adidas deal at $1.5 billion. Without it, West̵... read more
Founder, FTX Sam Bankman-Fried was one of the richest people in crypto, thanks to his FTX exchange and Alameda Research trading firm, before his empire came crashing down in November 2022. After users began withdrawing their investments from FTX at a rapid pace, Bankman-Fried filed for bankruptcy for FTX, FTX’s U.S. operations and Alameda Research. It’s a stu... read more
CEO, Theranos Elizabeth Holmes dropped out of Stanford University and founded blood testing startup Theranos in 2003, with the aim of using just a few drops of blood. Theranos raised more than $700 million from investors (including from billionaires Rupert Murdoch and Larry Ellison), who valued the company at $9 billion. Forbes named Holmes the world’s youngest sel... read more
CHAIRMAN & CEO, Mohawk Industries Jeffrey Lorberbaum built Georgia-based Mohawk Industries into the largest flooring company in the world; he owns a nearly 15% stake. His father Alan founded Aladdin Mills in 1957 as a maker of bath mats; Lorberbaum joined the company in 1976 and later became CEO. Net worth: $1 billion In 1994, the family sold Aladdin to Mohawk Indust... read more
CEO, National Instruments James Truchard cofounded National Instruments, a supplier of testing and measurement equipment and software for scientists and engineers, in 1976. A Texas native, he got a PhD in electrical engineering from the University of Texas, Austin in 1974. Net worth: $1.1 billion He launched National Instruments while working as managing director of the ... read more
Cofounder, Bolt Ryan Breslow dropped out of Stanford in 2014 to launch payment startup Bolt. In January 2022, he stepped down as CEO. He is now chairman. Breslow has raised $1.3 billion for Bolt, including $355 million in January 2022, which valued the company at $11 billion. Forbes estimates the company is now worth around $5 billion as private markets have tanked. Net ... read more
CEO, Golub Capital Golub is president of Golub Capital and CEO of the $30 billion in assets firm’s publicly traded finance arm. After stints at Centre Partners and a fund affiliated with Lazard, Golub joined his brother at Golub Capital in 2003. Net worth: $1.1 billion Golub is on the board of Burton Snowboards and also spends significant time backing ParkinsonR... read more
FOUNDER & CEO, Lewis Energy Rodney Lewis grew up on the border in Laredo, Texas. Started Lewis Petro Properties in 1983 with one natural gas well. He eventually acquired 500,000 acres in the Eagle Ford shale and became the fourth-biggest gas producer in Texas. Net worth: $1 billion He owns America’s biggest fleet of air-worthy World War II fighter planes, inclu... read more
Executive Chairman, Tanium David Hindawi cofounded cybersecurity firm Tanium with his son Orion in 2007. Tanium has raised $800 million from investors who valued it at $6.5 billion in October 2018. In February 2016, Orion took over as CEO from his father. David is executive chairman. Net worth: $1.1 billion David, now a U.S. citizen, was born in Baghdad, grew up in Israe... read more
Cofounder, Dropbox Arash Ferdowsi is a cofounder of Dropbox, a file sharing and storage service that has more than 500 million users. Ferdowsi launched Dropbox in 2007 while he was still a student at MIT, with MIT graduate Drew Houston, who is the CEO. Net worth: $1 billion The company went public in March 2018; shares jumped on the first day of trading. Ferdowsi, who fo... read more
CO – FOUNDER, Qualtrics Scott Smith is one of three cofounders of Utah-based cloud computing company Qualtrics. He cofounded the company in Provo, Utah in 2002 with his two sons, Ryan and Jared; Ryan is the CEO. Net worth: $1 billion Three days before its scheduled IPO in January 2019, Qualtrics was acquired by German software firm SAP for $8 billion in cash. Scott... read more
Founder, Spanx Sara Blakely is founder and part owner of shapewear brand Spanx, which sells undergarments, leggings, swimwear and maternity wear in over 50 countries. In late 2021, Blackstone bought a majority stake in Spanx in a deal that valued the company at $1.2 billion. She initially shilled her new invention, which became shapewear brand Spanx, on the sales floor a... read more
FOUNDER & OWNER, Huy Fong Foods David Tran is the founder and owner of Huy Fong Foods, the Irwindale, California-based company that makes Sriracha hot sauce. Tran arrived in the U.S. as a refugee from Vietnam in 1979 and started selling hot sauce from a blue Chevy van in Los Angeles in February 1980. Net worth: $1 billion He first started making chili sauce as a cook... read more
CHAIRMAN, Hamilton Lane Hartley Rogers is chairman and a managing director of Hamilton Lane, a publicly traded asset management firm. Hartley Rogers is chairman and a managing director of Hamilton Lane, a publicly traded asset management firm. Net worth: $1 billion Rogers owns about 22% of the company, which listed on the Nasdaq in 2017. Prior to joining Hamilton Lane in... read more
Athlete, PGA Woods has earned roughly $1.8 billion during his pro golf career, including a PGA Tour-record $121 million in prize money. In 2022, Forbes certified him as a billionaire, making him only the second active athlete ever with that distinction, after LeBron James. Woods reached that rarified air despite reportedly turning down a “mind-blowingly enormous... read more
Entrepreneur Ryan Graves was the first employee hired at ride-hailing service Uber in 2010. He was CEO for a brief period in 2010, then president and most recently SVP of Global Operations, working as a “resident entrepreneur and builder.” Net worth: $1.1 billion. He announced he was resigning as an Uber exec in August 2017, two months after cofounder Travis ... read more
Chief Executive Officer, Coca-Cola Enterprises Summerfield Johnston Jr.’s grandfather got the first Coca-Cola bottling license back in 1899 and Summerfield inherited the family bottling franchise, Johnston Coca-Cola. In 1991 the company bought Johnston’s Chattanooga, Tennessee-based outfit and brought Summerfield in to run the larger operation. Johnston turne... read more
CO – FOUNDER, ManTech International George Pedersen is the cofounder ManTech International, which he started in 1968 with a single contract with the U.S. Navy. Today, the defense and intelligence contractor has 8,700 employees and nearly $2.5 billion in revenue. Net worth: $1.3 billion Pedersen, a Staten Island native, owns a third of the firm, which is based in Vi... read more