Nine Wisconsin residents make Forbes’ billionaires list

Menards founder is richest in state

Last updated on July 2nd, 2019 at 09:07 am

Forbes magazine published its annual list of billionaires, and some with Wisconsin ties made the list.

John Menard Jr., founder of Menards, has a $9.3 billion net worth and is the richest Wisconsin resident, according to Forbes.

Nine Wisconsin residents made the list. They include:

  • John Menard Jr., founder of Menards, $9.3 billion net worth
  • Herbert Kohler Jr. and family, Kohler Company, $7.3 billion
  • Diane Hendricks, Hendricks Holding Compay and ABC Supply Co., $5.1 billion
  • H. Fisk Johnson, Imogene Powers Johnson, S. Curtis Johnson, Helen Johnson-Leipold, S.C. Johnson & Son, $3.3 billion each
  • James Cargill, Cargill Inc., $3.2 billion
  • Judy Faulkner, Epic Systems, $2.4 billion

Others with Wisconsin ties who made the list include:

  • Jamie Dinan, Milwaukee Bucks co-owner, $2 billion
  • Marc Lasry, Milwaukee Bucks co-owner, $1.7 billion
  • David Einhorn, Nicolet High School graduate and founder of New York hedge fund Greenlight Capital, $1.4 billion
  • John Morgridge, Wauwatosa native who is the former CEO of Cisco and a major donor to the University of Wisconsin-Madison, $1 billion

The top five billionaires in the U.S., according to Forbes, are: Bill Gates, Microsoft, $75 billion; Warren Buffett, Berkshire Hathaway, $60.8 billion; Jeff Bezos,, $45.2 billion; Mark Zuckerberg, Facebook, $44.6 billion; and Larry Ellison, Oracle, $43.6 billion.

Presidential candidate Donald Trump’s net worth is $4.5 billion, according to Forbes.

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Andrew is the editor of BizTimes Milwaukee. He joined BizTimes in 2003, serving as managing editor and real estate reporter for 11 years. A University of Wisconsin-Madison graduate, he is a lifelong resident of the state. He lives in Muskego with his wife, Seng, their son, Zach, and their dog, Hokey. He is an avid sports fan and is a member of the Muskego Athletic Association board of directors.

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