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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.

Mitchell Rales

Mitchell Rales

Photo Credit: Maryland GovPics - Glenstone Museum Pavilion Dedication Opening Reception

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, to start a real estate company selling homes for developers. Lerner Enterprises has become the largest real estate enterprise in the Washington, D.C area.
  • 244. Mitchell Rales grew up in Bethesda and is the Danaher Corporation founder. He is worth $4.7 billion, and is 67 years old.
  • 264. Jim Davis, of Cockeysville, cofounded Allegis Group, the largest staffing firm in the U.S., Forbes says. He's worth $4.4 billion, and is 63.
  • 278. Dan Snyder, a college dropout, made his fortune with Snyder Communications, a marketing business. He is the former owner of the Washington Commanders. He's worth $4.1 billion and is 58 years old.
  • 326. David Rubenstein is a lawyer from Baltimore. He's one of three billionaire founders of private equity firm Carlyle Group, which is approaching $400 billion in assets under management, Forbes writes. He's worth $3.5 billion, and is 74.

Click here for the complete 2023 Forbes 400 list.

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