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Friday, dec 13
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Business
Five Virginia Billionaires Make Forbes 400 List Of 'Richest In America'
Virginia is home to five of the richest people in America, according to Forbes. And four of them have only gotten richer. 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 Virginia billionaires on the list are: 19. Jacqueline Mars, of The Plains, Fauquier County. Mars is an American heiress and investor whose net worth is $38.9 billion. She is 83 years old 76. Pamela Mars, fourth generation of the Mars family who is worth $9.7 billion. She is 63 years old…
News
Five Virginia Residents Named To Forbes List Of Richest In America
Five Virginia residents were named to the 2022 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 country 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 Virginians who…
Real Estate
Herndon's ManTech Acquired For $4.2B by DC Firm
ManTech International, a Herndon-based defense contractor with more than 9,000 employees, will be acquired by Washington DC equity firm Carlyle Group for a cool $4.2 billion, the company announced. “This announcement is an important milestone for ManTech and a testament to our growth and the leadership position we have built since our founding by George Pedersen more than 50 years ago,” said ManTech CEO and President Kevin M. Phillips in a press release. ManTech provides analytics and cybersecurity to the country's defense and intelligence agencies. The all-cash deal received t…