This year, the combined net worth of the Forbes 400 increased by $240 million and now stands at an astonishing $3.2 trillion.
Highest on the list is Michael Rubin of Bryn Mawr at No. 228 with a net worth of $3.5 million. Rubin, 48, has climbed more than 60 spots compared to last year when he placed at No. 296. He is the majority owner and CEO of Kynetic.
Next is John Middleton, also of Bryn Mawr, who is at No. 238 with $3.4 billion in net worth. Last year, he ranked at No.261.
Middleton, 65, made his fortune by selling his family’s tobacco business to Altria for $2.9 billion thirteen years ago. He also owns close to a 50 percent stake in Philadelphia Phillies.
Finally, Jeffrey Lurie of Wynnewood comes in at No. 319 – the same as last year – with a net worth of $2.9 billion. Lurie, 69, is a former professor of social policy and the owner of Philadelphia Eagles.
Read more about the richest Montgomery County residents at the Patch by clicking here.
You Might Also Like