ARIZONA NEWS

Arizona has 9 billionaires and here’s who they are, says Forbes

Mar 14, 2019, 10:31 AM | Updated: Mar 15, 2019, 10:55 am

(Getty Images/Chung Sung-Jun)...

(Getty Images/Chung Sung-Jun)

(Getty Images/Chung Sung-Jun)

PHOENIX – Some guys have all the luck. There are nine men in Arizona who have billions of dollars to throw around, according to a Forbes list of the world’s extremely wealthy.

The business magazine recently released its annual list of billionaires and DriveTime magnate Ernest Garcia II and retired U-Haul vice president Mark Shoen were the richest Arizonans on the list.

They tied with a net worth of $3.2 billion apiece.

The magazine said it used stock prices and exchange rates from Feb. 8, 2019, to compile the list. Everyone had to have an estimated net worth of at least $1 billion.

In no surprise, Amazon CEO Jeff Bezos topped the overall list with a net worth of $131 billion. Three of the top five were Americans: Microsoft founder Bill Gates followed Bezos with $96.5 billion, and investor Warren Buffett was third at $82.5 billion.

Arizona’s big money makers don’t appear on the list until nearly the 700th spot.

Others on the list included Los Angeles Angels owner Arte Moreno, who grew up in Tucson, and GoDaddy founder Bob Parsons, whose company is headquartered in Scottsdale.

Take a look at the whole Forbes’ Arizona list in the slideshow:

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Glendale Mayor Jerry Weiers holds the supersized scissors at the ribbon cutting at Glendale's newly...

Damon Allred

Glendale officials cut ribbon at newly renovated city court

Glendale officials welcomed a newly updated courthouse, as city leaders cut the ribbon at the public service building.

5 hours ago

indicted in fake elector scheme Arizona Republicans...

KTAR.com

State grand jury indicts 11 Arizona Republicans in fake elector investigation

Eleven defendants were indicted in a fake elector scheme on Wednesday, according to Arizona Attorney General Kris Mayes.

7 hours ago

Boy injured after hit-and-run died, Glendale police say...

KTAR.com

13-year-old boy hit by truck in Glendale 2 weeks ago dies

The Glendale Police Department announced that a 13-year-old boy injured by a hit-and-run died on Tuesday after two weeks in the hospital.

9 hours ago

Image shows Chucho Produce facility in Nogales. (Chucho Produce)...

SuElen Rivera

4 Arizona businesses get nearly $1M from USDA for clean energy projects

The funding totaling $975,000 was provided by the Inflation Reduction Act, according to the Department of Agriculture.

11 hours ago

A collage of photos showing a wooden raft, a headshot of Thomas L. Robison, and a photo of the miss...

KTAR.com

Man who may have taken homemade raft onto Colorado River in Arizona goes missing

A man who may have been trying to float down the Colorado River with his dog on a homemade raft is missing.

12 hours ago

Split image of the Arizona flag on the left and state Rep. Matt Gress on the House floor April 24, ...

KTAR.com

Democrats in Arizona House get enough GOP help to pass bill to repeal near-total abortion ban

Arizona House Democrats, with help from a few Republicans, passed a bill Wednesday to repeal the state’s near-total abortion ban.

12 hours ago

Sponsored Articles

...

DESERT INSTITUTE FOR SPINE CARE

Desert Institute for Spine Care is the place for weekend warriors to fix their back pain

Spring has sprung and nothing is better than March in Arizona. The temperatures are perfect and with the beautiful weather, Arizona has become a hotbed for hikers, runners, golfers, pickleball players and all types of weekend warriors.

...

Day & Night Air Conditioning, Heating and Plumbing

Day & Night is looking for the oldest AC in the Valley

Does your air conditioner make weird noises or a burning smell when it starts? If so, you may be due for an AC unit replacement.

...

Collins Comfort Masters

Avoid a potential emergency and get your home’s heating and furnace safety checked

With the weather getting colder throughout the Valley, the best time to make sure your heating is all up to date is now. 

Arizona has 9 billionaires and here’s who they are, says Forbes