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30 LOS ANGELES BUSINESS JOURNAL MAY 19, 2014
WEALTHIEST ANGELENOSTHE LIST Ranked by net worth, in millions
ON
! WINNERS & LOSERS See page 32
1. Patrick Soon-Shiong
2. Elon Musk
3. Sumner Redstone
4. Eli Broad
5. Kirk Kerkorian
6. David Geffen
7. Don & Jin Sook Chang
8. John Tu
9. Stewart and Lynda Resnick
10. Donald Sterling
11. Steven Udvar-Hazy
12. Haim Saban
13. William Hilton
14. Steven Spielberg
15. Tamara Gustavson
16. Tom Gores
17. Jerrold Perenchio
18. Ed Roski
19. Anthony Pritzker
20. Jeffrey Skoll
21. Alec Gores
22. David Murdock
23. Marion Anderson
24. Rick Caruso
25. Andrew & Peggy Cherng
26. Don Hankey
27. Nicolas Berggruen
28. Bruce Karsh
29. Gary Michelson
30. Neil Kadisha
31. George Joseph
32. Michael Eisner
33. Wayne Hughes
34. Michael Milken
35. Thomas Barrack
36. Ryan Kavanaugh
37. Bassam Alghanim
38. Charlie Munger
39. Marc Nathanson
40. Ray Irani
41. Eric Smidt
42. Tony Ressler
43. Vera Guerin
44. Jeffrey Katzenberg
45. Richard Kayne
46. Ted Field
47. John Shea
48. Aubrey Chernick
49. Isaac Larian
50. Lowell Milken
3. SUMNER REDSTONENET WORTH: $7.7 BILLION | "45% | LAST YEAR: $5.3 BILLIONAGE: 90 RESIDENCE: BEVERLY HILLSSOURCE OF WEALTH: BROADCASTING, MOVIE THEATERS
4. ELI BROADNET WORTH: $7.4 BILLION | "4.4% | LAST YEAR: $7.1 BILLIONAGE: 80 RESIDENCE: LOS ANGELESSOURCE OF WEALTH: HOMEBUILDING, INSURANCE
1. PATRICK SOON-SHIONGNET WORTH: $13.9 BILLION | "31% | LAST YEAR: $10.6 BILLIONAGE: 61 RESIDENCE: WEST LOS ANGELESSOURCE OF WEALTH: PHARMACEUTICALS
2. ELON MUSKNET WORTH: $9.6 BILLION | "68% | LAST YEAR: $5.7 BILLIONAGE: 42 RESIDENCE: BEL AIRSOURCE OF WEALTH: E-COMMERCE, TECHNOLOGY
5. KIRK KERKORIANNET WORTH: $6.7 BILLION | "18% | LAST YEAR: $5.7 BILLIONAGE: 96 RESIDENCE: BEVERLY HILLSSOURCE OF WEALTH: INVESTMENTS, CASINOS
7. DO WON ‘DON’ & JIN SOOK CHANGNET WORTH: $5.6 BILLION | "4.7% | LAST YEAR: $5.35 BILLIONRESIDENCE: BEVERLY HILLSSOURCE OF WEALTH: APPAREL RETAILING
8. JOHN TUNET WORTH: $4.5 BILLION | "88% | LAST YEAR: $2.4 BILLIONAGE: 72 RESIDENCE: ROLLING HILLSSOURCE OF WEALTH: COMPUTER TECHNOLOGY
6. DAVID GEFFENNET WORTH: $5.9 BILLION | "16% | LAST YEAR: $5.1 BILLIONAGE: 71 RESIDENCE: MALIBUSOURCE OF WEALTH: MUSIC, MOVIE PRODUCTION
9. STEWART & LYNDA RESNICKNET WORTH: $4 BILLION | "2.6% | LAST YEAR: $3.9 BILLIONRESIDENCE: BEVERLY HILLSSOURCE OF WEALTH: AGRICULTURE, RETAIL
10. DONALD STERLINGNET WORTH: $3.84 BILLION | "15% | LAST YEAR: $3.35 BILLIONAGE: 80 RESIDENCE: MALIBUSOURCE OF WEALTH: REAL ESTATE
THE TOP 10
$13,900
$9,570
$7,666
$7,410
$6,700
$5,900
$5,600
$4,500
$4,000
$3,840
$3,840
$3,800
$3,730
$3,700
$3,670
$3,500
$3,500
$3,400
$3,330
$3,240
$3,150
$3,100
$3,010
$3,000
$2,890
$2,300
$2,000
$1,732
$1,700
$1,540
$1,500
$1,500
$1,500
$1,660
$1,450
$1,400
$1,370
$1,340
$1,330
$1,285
$1,170
$1,140
$1,100
$1,080
$1,080
$1,028
$1,010
$1,010
$926
$870
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32 LOS ANGELES BUSINESS JOURNAL MAY 19, 2014
Figures in millions(change from a year ago)
+$3,863
+$3,300
+$2,366
+$2,100
+$1,000
+$500
+$500
+$800
+$499.9
+$490
+$480
+$445
+$430
+$410
+$390
+$340
+$310
+$300
+$300
+$250
+$249.9
+$220
+$200
+$150
+$150
+$140
+$123
+$114
+$110.2
+$110
+$110
+$100
+$100
+$95
+$40
+$2
NO CHANGE
NEW TO LIST
-$66
-$60
-$5
-$70
WINNERS & LOSERS
ELON MUSKThough not as rapid an ascent aslast year, Musk’s Tesla andSolarCity shares continued rise.
+$460
PATRICK SOON-SHIONGValue of privately held NantWorksenterprises increase throughoutside investments.
JOHN TUGlut of microchipsabated, fueling demandfor Kingston products.
CHARLIE MUNGERNonagenarian investor has beenmaking large charitable gifts.
DON HANKEYRevenue shot up 20 percent asHankey’s Westlake FinancialServices expanded.
RAY IRANIRise in value of Occidental stock was offset by drop innumber of unrestricted shares.
DO WON ‘DON’ & JIN SOOK CHANGChangs’ Forever 21 chain debutslow-priced alternative F21 Red asrevenue exceeds $4 billion.
JEFF SKOLLReturns to thelist as localresidency isfirmly estab-lished.
NICOLASBERGGRUENFormer “home-less billionaire”buys L.A. home,spends timeat eponymousinstitute here.
BASSAMALGHANIMQuiet presencein Los Angelescomes to lightthrough litiga-tion over familyfinancial empire.
TONY RESSLERIPO of AresManagementsheds light oninvestmentbanker’s vastholdingsin the business.
VERA GUERINHeir to ShapellIndustriesfortune joinslist after lastyear’s sale ofhomebuildingbusiness.
RIC KAYNEDeeper look atKayne Andersonholdingsreveals extentof Kayne’swealth.
ERIC SMIDTDebt offeringby his HarborFreight offersglimpse atcompanyfinances.
ISAAC LARIANRevenue at MGAEntertainment,largest privatetoymaker in theworld, nearing$1 billion.
HOWARD MARKSOaktree Capitalco-founder nowconsiders NewYork home.DAVID HEARSTalso left the area.
ARRIVALS DEPARTURES
Elon Musk
Patrick Soon-Shiong
Sumner Redstone
John Tu
Kirk Kerkorian
David Geffen
Alec Gores
Rick Caruso
Tom Gores
Donald Sterling
Anthony Pritzker
Don Hankey
Haim Saban
William Hilton
Ed Roski
Steven Udvar-Hazy
Jerrold Perenchio
Eli Broad
Steven Spielberg
Marion Anderson
Don & Jin Sook Chang
Michael Eisner
Neil Kadisha
Thomas Barrack
George Joseph
Marc Nathanson
Andrew & Peggy Cherng
Jeffrey Katzenberg
Tamara Gustavson
Ted Field
Gary Michelson
Aubrey Chernick
Stewart and Lynda Resnick
David Murdock
Michael Milken
Wayne Hughes
Bruce Karsh
Ryan Kavanaugh
Jeffrey Skoll
Nicolas Berggruen
Bassam Alghanim
Eric Smidt
Tony Ressler
Vera Guerin
Richard Kayne
Isaac Larian
Ray Irani
John Shea
Charlie Munger
Lowell Milken
With 48 billionaires on thisyear’s list, eight more thanlast year, a higher barpushed six members of the2013 class off this year.Gone are:PETER LOWYROBERT DAYGLORIA JOSEPHKOU FAMILYJERRY BRUCKHEIMERJAMES CAMERON
! THE LIST continued from page 30
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