If you need assistance, please call 480-365-8346

Forbes: Here are Arizona's 9 billionaires for 2019

Friday, March 8, 2019   /   by Juan Grimaldo

Forbes: Here are Arizona's 9 billionaires for 2019

1.png



2.png




3.png




4.png




5.png




6.png




7.png




8.png




9.png




10.png



Arizona has one less billionaire than last year, but the others in the state saw their ranking rise on the annual Forbes list of the world's wealthiest people.

 

Most of the state's nine billionaires saw their fortunes grow during the past year, according to the Forbes ranking. No one saw that more than DriveTime owner and Carvana (Nasdaq: CVNA) Chairman Ernest Garcia II, who added $1 billion to his net worth.

 

That change pushed Garcia up more than 500 spots on the list and landed in a tie with another Arizona billionaire, U-Haul vice president Mark Shoen, who owns one-fifth of the the rental vehicle firm's parent company, Nevada-based Amerco (Nasdaq: UHAL).

To see the full list of Arizona billionaires, click on the image gallery above.

 

Arturo Moreno, the Tucson businessman and owner of the Anaheim Angels, saw his fortune grow by roughly $500 million, the second-highest leap among Arizona billionaires.

 

Three of the nine billionaires saw their fortunes decline by varying amounts, including GoDaddy (Nasdaq: GDDY) founder Bob Parsons and Bennett Dorrance, Campbell Soup Co. heir and DMB Associates co-founder.

 

Jerry Moyes, the founder of Swift Transportation, now part of Knight-Swift Transportation Holdings Inc. (NYSE: KNX) saw his fortune drop the most, by $500 million.

Only one billionaire fell of this year's list: John Kapoor, founder of Insys Therapeutics Inc. For the past two years, Insys has been embroiled in lawsuits over its opioid product Subsys that has seen its former CEO and other executives plead guilty to pushing the drug.

 

The world's top three billionaires hail from the U.S., with Amazon.com Inc. founder Jeff Bezos and family at the top of the list, followed by Microsoft Corp. co-founder Bill Gates and Berkshire Hathaway head Warren Buffett. For the complete Forbes list, click here.


Author: Patrick O'Grady, Managing Editor, Phoenix Business Journal (Images: Joel Chadwick, Phoenix Business Journal)

Keller Williams Realty Professional Partners - The Grimaldo Group
Juan Grimaldo
7025 West Bell Road #10
Glendale, AZ 85308
480-365-8346

© 2020 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Juan Grimaldo - Keller Williams Realty Professional Partners - The Grimaldo Group (WINBACK) are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. September 29, 2020
This site powered by CINC: www.cincpro.com