Thoroughbred owners and breeders among 2,755 billionaires ranked by Forbes – Horse Racing News

As owners of the French luxury brand Chanel, brothers Alain and Gérard Wertheimer are among the most fashionable thoroughbred owners and breeders in the world. According to the latest World’s Billionaires List published by Forbes, they are also the richest.

According to Forbes, Alain and Gerard Wertheimer each have a net worth of $ 34.5 billion, which places them 41st on the list of 2,755 billionaires in the world.

Amazon founder Jeff Bezos tops the list with an estimated net worth of $ 177 billion.

Running primarily with local breeds in Europe and the United States under the stable name Wertheimer and Frere, the brothers are best known for leading the three-time Grade 1 Breeders’ Cup Mile winner Goldikova. Their current star of the team is Happy Saver, trained by Todd Pletcher.

At least a dozen others on Forbes’ billionaire list have been identified as thoroughbred owners or breeders. (Note: The list does not include members of the ruling families of Arab countries, including the Maktoums of Dubai.)

Next on the list of people affiliated with thoroughbred racing and breeders is financier George Soros, whose Soros Fund Management in 2008 launched SF Racing and SF Bloodstock, now operated by Gavin Murphy and Tom Ryan. Forbes estimates a net worth of $ 8.6 billion for the Soros, placing him 288th.

Cable TV mogul John Malone is rated 316^e on the Forbes list with an estimated net worth of $ 7.8 billion. One of America’s largest landowners, Malone owns Bridlewood Farm in Ocala, Florida, and Ballylinch Stud in Ireland.

Tamara Gustavson, daughter of the late B. Wayne Hughes, is ranked 496^e on the list with an estimated net worth of $ 5.6 billion. Along with her husband Eric, Tamara Gustavson now operates Spendthrift, which Forbes estimated to be worth $ 400 million. A video produced by Forbes explains how they arrived at this estimate, based on leading stallion Into Mischief, other blood holdings and the farm properties and buildings.

Wayne Hughes, who died in August, remains on the Forbes list, ranked 925^e with an estimated net worth of $ 3.3 billion. Self-made billionaire Hughes created Public Storage, the largest self-storage company in the United States

Vincent Viola is ranked 807^e on the list with an estimated net worth of $ 3.7 billion acquired in part through his electronic trading startup, Virtu Financial. Owner of the Florida Panthers in the NHL, Viola is co-owner of Vino Rosso, winner of the G1 Breeders’ Cup Classic in 2019.

Another sports team owner, Gayle Benson, ranks 891^st on the Forbes list with an estimated net worth of $ 3.4 billion. Benson, widow of Tom Benson, owns the New Orleans Saints of the NFL and the New Orleans Pelicans of the NBA. His GMB Racing campaigned for Tom’s of State, winner of the G1 Clark Stakes at Churchill Downs in 2019.

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Brad Kelley, owner of Calumet Farm, has an estimated net worth of $ 2.6 billion, which earns him 1,205^e on the list of the richest people in the world. Kelley, who lives in Tennessee, made her fortune in the tobacco industry.

Gerald Ford, who races under the Diamond A Racing Corporation name, has 1,249^e on the list with an estimated net worth of $ 2.5 billion. Ford built its wealth through the acquisition of troubled banks.

Kevin Plank, who founded the Under Armor sportswear brand and owns Sagamore Farm in Md., Has an estimated net worth of $ 2 billion, which puts him at No. 1,580.

Charlotte Weber, heir to Campbell Soup Co., is listed as number 1,833 with an estimated net worth of $ 1.7 billion. Owner of Live Oak Plantation, Weber’s local breeds have won numerous Class 1 races, and she has won two editions of the G1 Breeders’ Cup Mile with the worldwide endorsement and endorsement of Miesque.

Kenny Troutt, owner of WinStar Farm, founded long distance company Excel Communications over 30 years ago. Forbes estimates his net worth at $ 1.5 billion, placing him at No. 2,035 on their list.

Seth Klarman, who also has an estimated net worth of $ 1.5 billion, has become a major owner in the industry. his partner on a number of runners. Klarman manages one of the largest hedge funds in the financial market, Baupost, based in Boston.

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