Pittsburgh residents on Forbes’ 2024 list of the world’s billionaires

Pittsburgh Billionaires Shine on Forbes World’s Richest List

In 2024, Forbes released its annual list of the world’s billionaires, featuring many ties to Pittsburgh. The list includes 2,781 billionaires with a combined net worth of $14.2 trillion. Forbes calculated each person’s wealth using stock prices and exchange rates from March 8, 2024.

Among those who made it to the list were three individuals with strong connections to the Steel City: Maggie Hardy, Mark Cuban, and David Tepper. Additionally, Thomas Tull and Ron Burkle, both with ties to Pittsburgh, also made the cut.

David Tepper ranked No. 94 on the list with a net worth of $20.6 billion. He is known as one of the greatest hedge fund managers of his generation and founded Appaloosa Management in 1993. Tepper owns the Carolina Panthers and has roots in Pittsburgh’s Stanton Heights neighborhood. Mark Cuban came in at No. 563 with a net worth of $5.4 billion and sold his majority stake in the Dallas Mavericks recently while attending University of Pittsburgh for undergrad studies. Maggie Hardy holds a net worth of $4.1 billion as owner and CEO of 84 Lumber and took over from her father Joe Hardy who founded the company and passed away at age 100 years old in January 2023 at spot No775 on the list .

Both Thomas Tull and Ron Burkle were placed at No.,1104 on the list each worth $3 billion . Tull has a minority stake in Pittsburgh Steelers while Burkle is a minority stakeholder in Pittsburgh Penguins . These individuals represent the wealth and success of Pittsburgh on a global scale

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