Pittsburgh residents on Forbes’ 2024 list of the world’s billionaires

In 2024, Forbes released its annual list of the world’s billionaires, featuring an impressive number of Pittsburgh ties. The list included 2,781 billionaires with a combined net worth of $14.2 trillion.

Forbes calculated each person’s wealth using stock prices and exchange rates from March 8, 2024. Among those who made it to the list were three individuals with strong connections to the Steel City: Maggie Hardy, Mark Cuban, and David Tepper. Additionally, Thomas Tull and Ron Burkle, both with ties to Pittsburgh, also made the cut.

David Tepper, known as one of the greatest hedge fund managers of his generation, ranked No. 94 with a net worth of $20.6 billion. Tepper founded Appaloosa Management in 1993 and currently owns the Carolina Panthers and has roots in Pittsburgh’s Stanton Heights neighborhood. Mark Cuban, with a net worth of $5.4 billion, came in at No. 563 on the list. Cuban grew up in Mt. Lebanon and recently sold his majority stake in the Dallas Mavericks while attending the University of Pittsburgh.

Maggie Hardy, owner and CEO of 84 Lumber since January 2023 after taking over from her father Joe Hardy who founded the company at age 100 years old and passed away in January 2023 holds a net worth of $4.1 billion which landed her at spot No.775 on the list.

Thomas Tull and Ron Burkle each worth $3 billion were placed at No.,1104 on the list .Tull has a minority stake in the Pittsburgh Steelers while Burkle is a minority stakeholder in the Pittsburgh Penguins.

These individuals represent not just their wealth but also their success on a global scale that hails from Pittsburgh which is truly remarkable!

By Samantha Johnson

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