Area Residents Worth Billions

D.C. Residents On Forbes' 400 List

By Caitlin O'Brien
|  Thursday, Sep 23, 2010  |  Updated 6:16 PM EDT
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Area Residents Worth Billions

Martin Mistretta

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How do we get one of these guys’ jobs? Fourteen Washington-area people were included on Forbes’ list of the 400 richest Americans this year. While Bill Gates and Warren Buffet are still at the top of the list—with net worths of $54 billion and $45 billion respectively—the D.C. natives included certainly aren’t looking too shabby.

The sugar business can be sweet in more ways than one. John Mars and Forrest Mars Jr., the candy moguls, tied for No. 26. The Mars men both had an estimated net worth of $10 billion.
 
It looks like owning a professional sports team is a pretty lucrative career. Ted Lerner, owner of the Washington Nationals, is ranked No. 110. According to Forbes, Lerner has a net worth of $3 billion thanks to real estate investments and the Major League Baseball team. Dan Snyder, the owner of the Redskins, came in at No. 365 with $1.1 billion.
 
Baltimore beat D.C. in yet another football Beltway brawl. The Baltimore Ravens’ owner, Stephen Bisciotti, is ranked No. 308 with a net worth of $1.3 billion.
 
Steve Case, of AOL, tied with Snyder at No. 365. The Rales brothers also made the list due to their forays into technology with Danaher Corp. Mitchell Rales came in at No. 136 with $2.6 billion and Steven Rales is listed as No. 159 with an estimated net worth of $2.3 billion.
 
The No. 182 spot is a three-way tie between the Carlyle Group co-founders David Rubenstein, Daniel D’Aniello and William Conway Jr. They each have an estimated net worth of $2 billion.
 
John Marriott Jr. is at the No. 266 spot with $1.55 billion. His brother, Richard Marriott, is listed at No. 269 with $1.5 billion.
 
Bernard Saul II is ranked at No. 332 with $1.2 billion. Saul founded the local banking company Chevy Chase Bank, which was acquired by Capital One in 2009.
 
The total combined wealth of Washingtonians on Forbes’ list was of $41.65 billion. The total net worth of all the individuals on the list was $1.37 trillion. That's up eight percent from 2009.

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