Business & Tech

Eight Maryland Billionaires Make the 2015 Forbes List

Check out the list of Maryland billionaires who made the annual list of the wealthiest people in the world.

»Photo: Kevin Plank of Under Armour and Steve Bisciotti of the Baltimore Ravens.

Maryland has eight uber-wealthy residents who made Forbes 2015 list of the planet’s billionaires.

The names include sports business owners – Steve Bisciotti and Kevin Plank – and investors like Mitchell Rales.

Find out what's happening in Hunt Valley-Cockeysvillefor free with the latest updates from Patch.

The magazine says there are now 1,826 billionaires worldwide with a combined net worth of $7.05 trillion, up from $6.4 trillion a year ago.

There aren’t any surprise at the top of the Americans on the billionaire heap: Microsoft co-founder Bill Gates, Berkshire Hathaway’s Warren Buffett and Oracle’s Larry Ellison are the leaders.

Find out what's happening in Hunt Valley-Cockeysvillefor free with the latest updates from Patch.

Forbes, which has been compiling the list since 1986, says the rankings show entrepreneurship is alive and well: 1,191 members of the list are self-made billionaires, while only 230 inherited their fortunes.

Here are the Maryland billionaires on the list:

  • Ted Lerner of Chevy Chase, developer and founder of Lerner Enterprises, is No. 330 on the list. Net worth: $4.8 billion. He was No. 112 on the fall Forbes 400 list of the wealthiest Americans.
  • Mitchell Rales of Potomac, co-founder of Danaher investment firm, is No. 418. Net worth: $4 billion. Also, No. 144 on U.S. list.
  • Kevin Plank of Lutherville, founder and CEO of Under Armour, is No. 577. Net worth: $3.1 billion. Also, No. 209 on U.S. list.
  • David Rubenstein of Bethesda, co-chief executive officer and co-founder, Carlyle Group, is No. 628. Net worth: $2.9 billion. Also, No. 198 on U.S. list.
  • Stephen Bisciotti of Millersville, co-founder of Allegis staffing company and owner of the Baltimore Ravens, is No. 690. Net worth: $2.7 billion. Also, No. 249 on U.S. list.
  • Bernard Saul II of Chevy Chase, chairman and CEO of Saul Centers Inc., is No. 714. Net worth: $2.6 billion. Also, No. 252 on U.S. list
  • Dan Snyder of Potomac, owner of the Washington Redskins, is No. 1,118. Net worth: $1.7 billion. Also, No. 371 on U.S. list/
  • Jim Davis of Cockeysville, co-founder and now head of Allegis, a staffing company, is No. 1,638. Net worth: $1.1 billion. Was not on fall U.S. top 400 list.

>>News Alerts: Subscribe to a free email newsletter: ANNAPOLIS • EDGEWATER • ODENTON • PERRY HALL • OWINGS MILLS • TOWSON • DUNDALK • ELDERSBURG • BEL AIR • HAVRE DE GRACE • FALLSTON • COLUMBIA • ELLICOTT CITY • BETHESDA • ROCKVILLE • SILVER SPRING • BOWIE

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

More from Hunt Valley-Cockeysville