Wealthiest Angelenos

The Business Journal is out with its annual list of L.A.'s richest. It's all the usual suspects, although the interesting news is how Kirk Kerkorian has taken such a huge lead as the richest of the rich, at $16.1 billion (his shares in MGM Mirage are worth close to $12 billion alone). After that comes Sumner Redstone, at a measly $8.4 billion (look at Viacom and CBS stock), and then Eli Broad, at $6.5 billion. Of the 50 names on the list, 41 are billionaires. That's a record.

1. Kirk Kerkorian $16.1 billion
2. Sumner Redstone $8.4 billion
3. Eli Broad $6.5 billion
4. David Geffen $4.5 billion
5. David Murdock $4.5 billion
6. Haim Saban $4.1 billion
7. Patrick Soon-Shiong $3.7 billion
8. Steven Ferencz Udvar-Hazy $3.6 billion
9. Ron Burkle $3.4 billion
10. A. Jerrold Perenchio $3.1 billion


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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