This is the Wealthiest Person in Michigan
Tis the season to find out who is the wealthiest person in your area. Forbes has come out with its annual list of the wealthiest people in all of America, and a handful of people from our state made the cut. You’ll often see the same names on this list, but it’s interesting to see who falls out of the top 400 richest people in America and who falling into it. It’s also fascinating to see which industries they cover. So, who is the wealthiest person in Michigan? Read on for the answer.
It’s mind-blowing to see how much wealth these people have. According to Forbes, “After losing a collective $500 billion last year, the nation’s 400 wealthiest people have gained it all back. This elite set is now worth $4.5 trillion in aggregate, tying a record set in 2021, and it takes $2.9 billion to make The Forbes 400, another tied record.” So, where are the big gains when it comes to wealth? According to the publication, about half of those gains are from the rebounding technology stocks. Also, as for methodology, net worths were calculated using stock prices from September 8, 2023, according to the publication.
Michigan has a whopping eight people who have made the cut as one of the 400 richest people in America. Before we get to No. 1, let’s look at No. 2 and 3. The No. 3 richest person in the state is Mat Ishbia. According to the magazine, Ishbia is chairman and CEO of mortgage lender United Wholesale Mortgage, now UWM Holdings. No. 2 on the tally is Ronda Stryker. She’s a director of Stryker Corp., a medical equipment company.
So, who is the wealthiest person in Michigan? It’s a familiar name. It’s Dan Gilbert, who, according to the publication, “cofounded what would become Quicken Loans, the largest mortgage lender in the U.S., in 1985 at 22 years old.” Find the full list here.