This is the Wealthiest Person in Pennsylvania
Tis the season to find out who is the wealthiest person in your area. Forbes has come out with its annual list of the wealthiest people in all of America, and a handful of people from our state made the cut. You’ll often see the same names on this list, but it’s interesting to see who falls out of the top 400 richest people in America and who falling into it. It’s also fascinating to see which industries they cover. So, who is the wealthiest person in Pennsylvania? Read on for the answer.
It’s mind-blowing to see how much wealth these people have. According to Forbes, “After losing a collective $500 billion last year, the nation’s 400 wealthiest people have gained it all back. This elite set is now worth $4.5 trillion in aggregate, tying a record set in 2021, and it takes $2.9 billion to make The Forbes 400, another tied record.” So, where are the big gains when it comes to wealth? According to the publication, about half of those gains are from the rebounding technology stocks. Also, as for methodology, net worths were calculated using stock prices from September 8, 2023, according to the publication.
Pennsylvania has a whopping 10 people who have made the cut as one of the 400 richest people in America. Before we get to No. 1, let’s look at No. 2 and 3. The No. 3 richest person in the state is Victoria Mars. She and her three sisters are heirs to the mega-company Mars, Incorporated. No. 2 on the tally is Michael Rubin. According to the magazine, he’s the founder and CEO of online sports merchandising retailer Fanatics. Who knew that sports merchandising would be so lucrative?
So, who is the wealthiest person in Pennsylvania? It’s Jeff Yass. According to Forbes, “Yass is a cofounder of Susquehanna International Group, one of Wall Street’s largest and most successful trading firms.”