• Wed. Apr 17th, 2024

Three Pittsburgh Billionaires Make Forbes’ Global List, Showcasing the City’s Entrepreneurial Spirit

BySamantha Jones

Apr 3, 2024
Pittsburgh residents on Forbes’ 2024 list of the world’s billionaires

Pittsburgh has once again made its mark on the global stage with three individuals from the city appearing on Forbes’ annual list of the world’s billionaires. The 2024 list features a total of 2,781 billionaires with a combined net worth of $14.2 trillion.

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

Maggie Hardy, the owner and CEO of 84 Lumber, holds a net worth of $4.1 billion and landed at spot No. 775 on the list after taking over the company from her father who founded it and passed away at 100 years old in January 2023. Thomas Tull and Ron Burkle, each worth $3 billion, were placed at No. 1,104 on the list respectively – Tull has a minority stake in the Pittsburgh Steelers while Burkle is a minority stakeholder in the Pittsburgh Penguins. These individuals represent not only their own success but also that of their hometown on an international scale.

Forbes calculated each person’s wealth using stock prices and exchange rates from March 8th, 2024 to determine their place on this year’s list.

Overall, these individuals are just some examples of how successful entrepreneurs can come from any background or location – even a small town like Pittsburgh – and make it big on a global scale through hard work and determination.

In conclusion, these three individuals showcase how much wealth can be generated by those born or raised in Pittsburgh as well as those who have ties to our city but didn’t grow up here – proving that anyone can make it if they are willing to work hard enough for it!

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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