Richest billionaires in Pennsylvania

Written by:
August 3, 2022
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Richest billionaires in Pennsylvania

The first billionaire ever is thought to be Standard Oil magnate John D. Rockefeller back in 1916, or perhaps Henry Ford in 1925. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. While the U.S. is home to the most billionaires out of any other country, Americans are somewhat split in their feelings on the billionaire class. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Although support for individual billionaires like Elon Musk or Bill Gates is relatively strong, many Americans view the ultra-rich—as a group rather than as individuals—negatively. Meanwhile, Amazon CEO Jeff Bezos is projected to become the world's first trillionaire by 2026.

The U.S.'s wealthiest billionaires are mostly concentrated within just a couple of industries: finance and investments, and technology. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. Stacker compiled a list of the richest billionaires that are residents of Pennsylvania, using data from Forbes. Billionaires are ranked by net worth as of July 31. Forbes lists 17 billionaires in Pennsylvania.

#17. Richard Hayne
- Net worth: $1.1 billion (#2,460 wealthiest in the world)
- Residence: Philadelphia, Pennsylvania
- Source of wealth: Urban Outfitters, Self Made

#16. Alan Miller & family
- Net worth: $1.1 billion (#2,395 wealthiest in the world)
- Residence: Lower Merion, Pennsylvania
- Source of wealth: healthcare services, Self Made

#15. Richard Yuengling Jr
- Net worth: $1.2 billion (#2,321 wealthiest in the world)
- Residence: Pottsville, Pennsylvania
- Source of wealth: beer

#14. Jared Isaacman
- Net worth: $1.2 billion (#2,248 wealthiest in the world)
- Residence: Easton, Pennsylvania
- Source of wealth: payment processing, Self Made

#13. Alfred West Jr
- Net worth: $1.3 billion (#2,117 wealthiest in the world)
- Residence: Paoli, Pennsylvania
- Source of wealth: money management, Self Made

#12. Brian Roberts
- Net worth: $1.4 billion (#2,027 wealthiest in the world)
- Residence: Philadelphia, Pennsylvania
- Source of wealth: Comcast

#11. Maggie Hardy Knox
- Net worth: $1.4 billion (#2,018 wealthiest in the world)
- Residence: Belle Vernon, Pennsylvania
- Source of wealth: building materials

#10. David Paul
- Net worth: $1.5 billion (#1,874 wealthiest in the world)
- Residence: Audubon, Pennsylvania
- Source of wealth: medical devices, Self Made

#9. Edward Stack
- Net worth: $1.5 billion (#1,866 wealthiest in the world)
- Residence: Sewickley, Pennsylvania
- Source of wealth: Dick's Sporting Goods, Self Made

#8. Thomas Tull
- Net worth: $2.0 billion (#1,482 wealthiest in the world)
- Residence: Pittsburgh, Pennsylvania
- Source of wealth: movies, investments, Self Made

#7. John Middleton
- Net worth: $3.4 billion (#871 wealthiest in the world)
- Residence: Bryn Mawr, Pennsylvania
- Source of wealth: tobacco

#6. Jeffrey Lurie
- Net worth: $3.5 billion (#842 wealthiest in the world)
- Residence: Wynnewood, Pennsylvania
- Source of wealth: Philadelphia Eagles

#5. Thomas Hagen
- Net worth: $3.8 billion (#754 wealthiest in the world)
- Residence: Erie, Pennsylvania
- Source of wealth: insurance

#4. Mary Alice Dorrance Malone
- Net worth: $3.9 billion (#722 wealthiest in the world)
- Residence: Coatesville, Pennsylvania
- Source of wealth: Campbell Soup

#3. Michael Rubin
- Net worth: $8.0 billion (#265 wealthiest in the world)
- Residence: Bryn Mawr, Pennsylvania
- Source of wealth: online retail, Self Made

#2. Victoria Mars
- Net worth: $8.2 billion (#247 wealthiest in the world)
- Residence: Philadelphia, Pennsylvania
- Source of wealth: candy, pet food

#1. Jeff Yass
- Net worth: $12.0 billion (#154 wealthiest in the world)
- Residence: Haverford, Pennsylvania
- Source of wealth: trading, investments, Self Made

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