They're the Socal newcomers on the annual rich list. Musk, who runs both Space X and Tesla Motors, ranks 190 at $2.4 billion. Andrew & Peggy Cherng, who started Panda Express, rank 239, at $2 billion. Musk and Andrew Cherng are both immigrants to the U.S. and made their fortunes in very different ways - Musk with orbital space vehicles and electric cars and Cherng with fast casual Chinese food (what a country!). By the way, the combined net worth of the 400 richest Americans is $1.7 trillion, up from $1.5 trillion a year ago. When Forbes began its list in 1982, the price of admission was a mere $75 million. This year it's $1.1 billion. The other Socal names this year are quite familiar.
24 Donald Bren
$13 B 80 Newport Beach, California real estate
47 Patrick Soon-Shiong
$7.3 B 60 Los Angeles, California pharmaceuticals
55 Eli Broad
$6.3 B 79 Los Angeles, California investments
57 David Geffen
$5.6 B 69 Malibu, California movies, music
79 Jin Sook & Do Won Chang
$4.5 B 57 Beverly Hills, California Forever 21
91 Sumner Redstone
$4.1 B 89 Beverly Hills, California Viacom
104 Edward Roski, Jr.
$3.7 B 73 Los Angeles, California real estate
120 Steven Udvar-Hazy
$3.3 B 66 Beverly Hills, California aircraft leasing
125 Steven Spielberg
$3.2 B 65 Pacific Palisades, California movies
128 Haim Saban
$3.1 B 67 Beverly Hills, California television
132 Tamara Gustavson
$3 B 50 Malibu, California self storage
142 Kirk Kerkorian
$2.9 B 95 Beverly Hills, California casinos, investments
151 Oprah Winfrey
$2.7 B 58 Montecito, California television
170 David Sun
$2.6 B 60 Irvine, California computer hardware
170 John Tu
$2.6 B 71 Rolling Hills, California computer hardware
179 Tom Gores
$2.5 B 48 Beverly Hills, California private equity
179 Anthony Pritzker
$2.5 B 51 Los Angeles, California hotels, investments
190 David Murdock
$2.4 B 89 Los Angeles, California Dole, real estate
190 Elon Musk
$2.4 B 41 Los Angeles, California Tesla Motors
190 A. Jerrold Perenchio
$2.4 B 81 Bel Air, California television
206 Nicolas Berggruen
$2.3 B 51 Beverly Hills, California investments
206 Bill Gross
$2.3 B 68 Newport Beach, California investments
206 Michael Milken
$2.3 B 66 Los Angeles, California investments
218 Stewart and Lynda Resnick
$2.2 B - Beverly Hills, California agriculture, water
239 Andrew & Peggy Cherng
$2 B - Los Angeles, California Panda Restaurant Group
250 George Argyros
$1.9 B 75 Newport Beach, California real estate, investments
250 Alec Gores
$1.9 B 59 Beverly Hills, California private equity
250 David Hearst, Jr.
$1.9 B 67 Los Angeles, California Hearst Corp
250 Donald Sterling
$1.9 B 76 Beverly Hills, California Real Estate
271 Henry Samueli
$1.8 B 58 Newport Beach, California semiconductors
328 Bruce Karsh
$1.4 B 57 Los Angeles, California private equity
328 Howard Marks
$1.4 B 66 Los Angeles, California money management
328 Gary Michelson
$1.4 B 63 Los Angeles, California medical patents
347 Henry Nicholas, III.
$1.3 B 52 Newport Coast, California semiconductors
392 George Joseph
$1.1 B 91 Los Angeles, California insurance