WASHINGTON — The 2017 Forbes 400 list of the richest individuals in America includes eight who reside in the Washington region. It is nine if you count the President of the United States, whose current official residence is 1600 Pennsylvania Avenue.
Ranked highest locally is Jacqueline Mars of the Mars Candy empire. The resident of The Plains, Virginia is worth an estimated $25.5 billion, according to Forbes, coming in at No. 16 on the Forbes 400 list.
Second on the list of Washington-area billionaires is Washington Nationals owner and longtime real estate tycoon Ted Lerner, worth an estimated $4.9 billion. That’s enough to rank the Chevy Chase, Maryland resident at No. 122 on Forbes list.
Next is real estate developer Bernard Saul, II who ranks No 212. Forbes gives the Chevy Chase resident an estimated net worth of $3.5 billion.
Saul is followed closely by Mitchell Rales, the co-founder and former CEO of buyout firm Danaher Corp. Forbes ranks the Potomac resident at No. 219 with an estimated net worth of $3.4 billion.
Donald Trump ranks as the fifth-richest individual currently residing in the Washington area. Forbes ranks the President at No. 248, with an estimated net worth of $3.1 billion.
William Conway of McLean, David Rubenstein of Bethesda, and Daniel D’Aniello of Vienna all tie for No. 278. The three co-founders of the Carlyle Group each have an estimated net worth of $2.9 billion.
Redskins owner Dan Snyder, of Potomac, ranks No. 248, with an estimated net worth of $2.3 billion.
The second-richest person in America is technically a part-time D.C. resident. Amazon founder and Washington Post owner Jeff Bezos, who paid $23 million for side-by-side mansions on S Street in Kalorama, is worth an estimated $81.5 billion — $14.5 billion more than a year ago.
For the 24th consecutive year, the richest American is Microsoft founder Bill Gates, worth an estimated $89 billion.
Jeff Clabaugh has spent 20 years covering the Washington region's economy and financial markets for WTOP as part of a partnership with the Washington Business Journal, and officially joined the WTOP newsroom staff in January 2016.