Forbes 400 list includes 8 DC-area billionaires

No. 10. Sergey Brin, Google – $43.4 billion Google co-founder and President of Google’s parent company Alphabet US’s Sergey Brin smiles during the 47th annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan. 19, 2017. (Laurent Gillieron/Keystone via AP)
No. 9. Larry Page, Google – $44.6 billion Alphabet CEO Larry Page speaks at the Fortune Global Forum in San Francisco, Monday, Nov. 2, 2015. (AP Photo/Jeff Chiu)
No. 8. Michael Bloomberg, Bloomberg LP – $46.8 billion In this Dec. 3, 2015 file photo, former New York Mayor Michael Bloomberg speaks in Paris. Bloomberg, elected mayor of New York City as a Republican, will offer a forceful denunciation of fellow New York billionaire Donald Trump on Wednesday, July 27, 2016, at the Democratic convention. (AP Photo/Thibault Camus, File)
No. 6. David Koch,  diversified – $48.5 billion (tie) In this Aug. 30, 2013 file photo, David Koch speaks in Orlando, Fla. Florida Sen. Marco Rubio seems to be moving toward a bid for the Republicans’ presidential nomination, and late Sunday he joins Sens. Ted Cruz of Texas and Rand Paul of Kentucky for an audience with the conservative billionaire Koch brothers. (AP Photo/Phelan M. Ebenhack, File)
No. 6. Charles Koch,  diversified – $48.5 billion (tie) In this photo May 22, 2012 file photo, Charles Koch speaks in his office at Koch Industries in Wichita, Kan. Koch, the billionaire industrialist, and his chief lieutenants offered a more delicate response this weekend when asked about President Donald Trump’s plan to block immigration from seven Muslim-majority countries. They described Trump’s plan as “the wrong approach” that violated its dedication to “free and open societies.” (Bo Rader/The Wichita Eagle via AP, File)
No. 5. Larry Ellison, software – $59 billion  In this Thursday, May 1, 2014 file photo, Oracle CEO Larry Ellison arrives at an opening-round NBA basketball playoff series between the Golden State Warriors and the Los Angeles Clippers in Oakland, Calif. The eight individuals who own as much as half of the rest of the planet are all men, and have largely made their fortunes in technology. Ellison has recently focused more on cloud computing, in which data is stored and managed across a network of computers. His fortune comes from the 27 percent stake he still owns in Oracle, currently worth $160 billion. (AP Photo/Jeff Chiu, file)
No. 4. Mark Zuckerberg, Facebook – $71 billion  In this April 18, 2017 file photo, Facebook CEO Mark Zuckerberg speaks at his company’s annual F8 developer conference in San Jose, Calif. Zuckerberg wrote in a Facebook post on May 21, 2017, that he’s not running for public office. (AP Photo/Noah Berger, File)
No. 3. Warren Buffett, Berkshire Hathaway – $78 billion In this Monday, Aug. 1, 2016 file photo, Berkshire Hathaway Chairman and CEO Warren Buffett applauds at a rally for Democratic presidential candidate Hillary Clinton in Omaha, Neb. The eight individuals who own as much as half of the rest of the planet are all men, and have largely made their fortunes in technology. The Oracle of Omaha, as he’s known for the way his every investment decision is followed by thousands. He began investing as a teenager in the ‘40s and gradually grew his firm, Berkshire Hathaway. (AP Photo/Andrew Harnik, file)
No. 2. Jeff Bezos, Amazon – $81.5 billion In this Dec. 14, 2016 file photo, Amazon founder and CEO Jeff Bezos, speaks during a meeting with then-President-elect Donald Trump and technology industry leaders at Trump Tower in New York. The Washington Post is featuring a new motto on the paper’s website: “Democracy Dies in Darkness.” The words now appear underneath the name of the paper on its website. They were not, however, in a similar place in the paper’s print edition Wednesday, Feb. 22, 2017, Bezos used the phrase in an interview last year when asked to explain why he purchased the paper in 2013. (AP Photo/Evan Vucci, File)
No. 1. Bill Gates, Microsoft – $89 billion In this Monday, June 27, 2016, file photo, philanthropist and co-founder of Microsoft, Bill Gates, leaves after a meeting with France’s President Francois Hollande at the Elysee Palace in Paris. Announced on Monday, Dec. 12, 2016, an international group of institutions and wealthy executives, including Gates and Alibaba’s Jack Ma, are committing $1 billion to an investment fund that will support emerging energy technologies with the goal of reducing greenhouse gas emissions. (AP Photo/Kamil Zihnioglu, File)

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.

You can see the entire 2017 Forbes 400 list on the Forbes website.

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Jeff Clabaugh

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.

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