Here are Arizona’s richest businessmen, Forbes says

Apr 12, 2020, 6:39 AM

(Photo by Mark Wilson/Getty Images)...

(Photo by Mark Wilson/Getty Images)

(Photo by Mark Wilson/Getty Images)

PHOENIX — There are now 10 billionaires living in the state of Arizona, according to Forbes’ recently released list of the world’s extremely wealthy.

That metric is up one from the nine Arizona billionaires that made the cut in 2019.

This year’s edition of Forbes’ annual list saw Los Angeles Angels owner Arturo Moreno as Arizona’s richest man with a value of $3.3 billion.

Retired U-Haul vice president Mark Shoen and DriveTime magnate Ernest Garcia II shared the Grand Canyon State’s crown in 2019 at $3.2 billion apiece.

But this time around, Shoen finished at the No. 3 spot ($2.9 billion), while Garcia came in at the No. 5 ($2.4 billion).

The total number of billionaires around the globe dipped from 2,153 to 2,095 over the last year, lowering the overall net worth from $8.7 trillion to $8 trillion, according to Forbes.

Globally, four of the top five were Americans.

Amazon CEO Jeff Bezos took the cake globally with a net worth of $124.7 billion, with Microsoft founder Bill Gates coming in second at $104.1 billion.

Investor Warren Buffett ($76.3 billion) and Oracle co-founder Larry Ellison ($66.2 billion) rounded out the top five at the number four and five spots, respectively.

Arizona’s big moneymakers didn’t appear on the list until nearly the 600 spot.

Others on the list included Bennett Dorrance, the Campbell Soup heir and DMB Associates co-founder, and GoDaddy founder Bob Parsons, whose company is headquartered in Scottsdale.

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

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No. 1: Arte Moreno.  The Valley resident is the richest person in Arizona, with a net worth estimated at $3.3 billion. The Tucson-born businessman owns Major League Baseball's Los Angeles Angels but made his first fortune in outdoor advertising. He is No. 590 overall on the list. (AP Photo) No. 2: Bennett Dorrance.  A member of the Campbell Soup empire, Dorrance also makes money in real estate. He founded Phoenix-based development company DMB Associates in 1984. Dorrance's net worth is $3 billion. He is No. 680 overall. (DMB Photo) No. 3: Mark Shoen.  The former vice president of the company started by his parents is at $2.9 billion. Shoen also owns a private self-storage company and is No. 712 overall. (Instagram Photo)

(Instagram Photo) No. 4: Bob Parsons.  The businessman/philanthropist is listed with $3 billion. Overall, the founder of internet domain giant GoDaddy is No. 764 in the country, according to Forbes. (Twitter Photo) No. 5: Ernest Garcia II.  The chairman of Tempe-based Carvana started out in the used-car business with Ugly Duckling in 1991.  Including his DriveTime business, Garcia's worth is valued at $4.3 billion. (DriveTime Automotive Group Photo) No. 6: Joe Shoen.  U-Haul boss Joe Shoen made his cellphone number public several years ago so customers could call him. He's worth $2.4 billion and No. 875 on the overall list. (Screenshot/U-Haul) No. 7: Stewart Horejsi.  In 1980, Horejsi bought 300 shares of Warren Buffet's Berkshire Hathaway stock. Now he's worth $1.5 billion and lives in the Valley.  The private Horejsi worth dropped from $1.9 billion a year ago. Overall, he's No. 1,415. (Pixabay Photo) (tie) No. 7: Peter Sperling.  The son of late University of Phoenix founder John Sperling is listed with $1.5 billion. The ex-chairman of Apollo Education is ranked No. 1,415 overall. (KTAR News Photo/Jim Cross) No. 9: Jerry Moyes.  The man who built Knight-Swift Transportation is worth $1.2 billion. Overall,  he's no. 1,730 in the country. (Screenshot/Swift Transportation) No. 10: Trevor Milton.  The man founded Phoenix-based Nikola Motor in 2014 and is worth $1.1 billion, landing him at the No. 2,041st spot on the list. (Tim Pannell/Forbes)

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Here are Arizona’s richest businessmen, Forbes says