The D.C. area is home to 11 billionaires who made the 2019 Forbes list, including the region’s newest billionaire resident, President Donald Trump.
Forbes’ 33rd-annual ranking of the world’s billionaires counts 2,153 of them worldwide, down from 2,208 in 2018. The total net worth of this year’s billionaires is $8.7 trillion, down from $9.1 trillion in 2018, the first decrease in billionaire wealth since 2016.
The average net worth of billionaires on the 2019 list is $4 billion, down from $4.1 billion in 2018.
The top of the list remains Jeff Bezos. The Amazon founder, who bought a $32 million mansion in Kalorama, has an estimated net worth of $131 billion, up $19 billion from 2018.
Bill Gates is No. 2 at $96.5 billion, up from $90 billion.
Warren Buffett is No. 3 with a net worth of $82 5 billion, down $1.5 billion.
The youngest billionaire on the list is Kylie Jenner. At age 21, Forbes estimates her net worth at $1 billion. It makes her the youngest self-made billionaire of all time.
Mark Zuckerberg, who once held the title of youngest billionaire, fell three places to No. 8 this year. He’s worth an estimated $62.3 billion, down $8.7 billion from 2018.
Here are the D.C. area’s billionaires, where they rank this year, and their net worth, as estimated by Forbes:
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.