Michigan's billionaires: Gilbert, Ilitch, Ford all make the list - Philadelphia News, Weather and Sports from WTXF FOX 29

Michigan's billionaires: Gilbert, Ilitch, Ford all make the list

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SOUTHFIELD, Mich. (WJBK) -

Forbes magazine says Richard DeVos is Michigan's wealthiest resident and one of 10 billionaires living in the Great Lakes state.

According to Forbes latest annual tally of billionaires around the world, the 87-year-old co-founder of the Amway Corporation is worth $5.7 billion.

Locally, Quicken Loans founder Dan Gilbert is that state's third wealthiest with a net worth of $3.5 billion. Pizza mogul Mike Ilitch and his family rank sixth with a net worth of $2.7 billion. Energy drink founder Manor Bhargava ($1.5B) and Ford Motor Co.'s William Ford, Sr. ($1.25B) are also on the list.

Mexico's Carlos Slim remains the world's richest man for the fourth year in a row, while Warren Buffett dropped out of the top three for the first time since 2000.

A record 1,426 people around the world made the Forbes list, up 16 percent from last year. Their average net worth was $3.8 billion, rising 3 percent from 2012.

MICHIGAN'S BILLIONAIRES: (SOURCE: FORBES MAGAZINE)

World Rank Name Net Worth Age Source
239 Richard Devos $5.1B 87 Amway
248 Hank & Doug Meijer $5B - Supermarkets
384 Daniel Gilbert $3.5B 51 Quicken Loans
490 Alfred Taubman $2.9B 89 Real estate
503 Ronda Stryker $2.8B 58 Medical technology
527 Michael & Marian Ilitch $2.7B 83 Pizza
974 Manoj Bhargava $1.5B 60 5-Hour Energy
1031 John Brown $1.4B 78 Stryker Corp.
1107 Jon Stryker $1.3B 54 Medical technology
1161 William Ford, Sr. $1.25B 87 Ford Motor Co.
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