A Few Clouds 51°
Tag:

Mitchell Rales

Business
Here's Who Rank As The Richest Maryland Billionaires In New Forbes 400 Report Here's Who Rank As The Richest Maryland Billionaires In New Forbes 400 Report
Here's Who Rank As The Richest Maryland Billionaires In New Forbes 400 Report Former and current sports team owners are among the richest in Maryland, though everyone is still chasing the renowned Lerner family, according to Forbes' most recent ranking of the richest people in America. With an estimated net worth of $5.8 billion, 94-year-old Annette Lerner and her family, which owns the Washington Nationals, as well as Lerner Enterprises in Rockville, are the most wealthy in Maryland, the new report states, though they are being rapidly approached by other moguls in Maryland. According to the report, "Lerner Enterprises is among the largest owners of real estate in t…

SHARE

by Zak Failla
Business
Five Maryland Billionaires Make Forbes 400 List Of 'Richest In America' Five Maryland Billionaires Make Forbes 400 List Of 'Richest In America'
Five Maryland Billionaires Make Forbes 400 List Of 'Richest In America' Maryland is home to five of the richest people in America, according to Forbes. In the last year, two have made money, two have lost money, and one is brand-new to the list. The residents on the Forbes 400, the definitive list of the richest people in the nation, are worth $4.5 trillion in total, tying the 2021 record, according to the business outlet. The Maryland billionaires on the list are: 161. Annette Lerner & family, of Chevy Chase, are new to the list, and are worth $6.5 billion. According to Forbes, in 1952, Lerner, now 93 years old, lent $250 to her 26-year-old husband, Ted…

SHARE

by Cecilia Levine
News
Dan Snyder To Sell Commanders To Group Led By Pro Sports Tycoon, DC Billionaire: Reports Dan Snyder To Sell Commanders To Group Led By Pro Sports Tycoon, DC Billionaire: Reports
Dan Snyder To Sell Commanders To Group Led By Pro Sports Tycoon, DC Billionaire: Reports White smoke can be seen coming from FedEx field, but there’s no fire. One day after billionaire Jeff Bezos said he would stay away from the team, the Washington Commanders have reportedly been sold for a record price to a group led by Josh Harris, who looks to add to his collection of pro sports teams. pic.twitter.com/4CTiCULI0x — Barstool DMV (@Barstooldmv) April 13, 2023 The news was first reported by Sportico, Sports Business Journal, and CBS News before it was confirmed by other outlets. Already the owner of the NBA’s Philadelphia 76ers and NHL’s New Jersey Devils, Harris’ group h…

SHARE

by Zak Failla
News
Seven Maryland Residents Named To Forbes List Of Richest In America Seven Maryland Residents Named To Forbes List Of Richest In America
Seven Maryland Residents Named To Forbes List Of Richest In America Seven Maryland residents were named to the Forbes list of the 400 richest people in America. The nation's wealthiest citizens are worth $4 trillion — $500 billion less than last year, Forbes said. The minimum net worth required to make the list also fell for the first time since the Great Recession, by $200 million, to $2.7 billion. The wealthiest man in the world is Elon Musk, who is worth $251 billion, and the second wealthiest is Jeff Bezos, who is worth $151 billion. Fortunes were calculated on Sept. 2 using stock prices and exchange rates. The Maryland residents who made the lis…

SHARE

by Cecilia Levine