Who are the wealthiest people in South Florida? Forbes reveals billionaire boom

South Florida’s reputation as a magnet for the nation’s wealthiest people is reflected in the latest Forbes 400 annual ranking, which shows that America’s richest residents are wealthier than ever.

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The Forbes 400, released this week, offers a glimpse into the extraordinary concentration of wealth in Miami-Dade, Broward and Palm Beach counties.

The region has attracted technology entrepreneurs, hedge fund managers, private equity investors, corporate executives and real estate developers whose fortunes have helped drive demand for waterfront estates, luxury condominiums, private aviation and mega-yacht facilities.

There is a downside: As more billionaires establish homes in the region, their wealth is influencing the housing market, commercial development and demand for high-end services — even as the region continues to grapple with affordability and infrastructure challenges.

The 400 wealthiest Americans are collectively worth a record $8 trillion, up from $6.6 trillion in 2025, according to Forbes.

The minimum fortune required to make the list has climbed to $4.4 billion, $600 million more than last year.

Collectively, the fortunes of the 15 South Florida billionaires on the list represents a whopping $912.6 billion.

Here are 15 of the wealthiest people with homes or significant ties to South Florida who appear on the Forbes 400. Only one woman of the 62 who made the list is from Broward.

Note: Google founders Larry Page, No. 3 on the Forbes list and Sergey Brin, No. 5 on the list, along with Mark Zuckerberg, Meta founder and No. 6 on the list, all own homes in Miami-Dade, but are considered California residents by Forbes.

1. JEFF BEZOS

Residence: Miami-Dade

How he made his money: Founded Amazon, the e-commerce and cloud-computing giant. His wealth also includes investments in aerospace company Blue Origin and other ventures.

Net worth: $378 billion

Forbes 400 ranking: No. 2

2. LARRY ELLISON

Residence: Manalapan in Palm Beach County

How he made his money: Co-founded Oracle, the enterprise software and cloud-computing company. He remains the company’s executive chairman and chief technology officer.

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Net worth: $204 billion

Forbes 400 ranking: 7

3. THOMAS PETERFFY

Residence: Palm Beach

How he made his money: Founded Interactive Brokers and built his fortune through electronic trading and financial technology.

Net worth: $107.8 billion

Forbes 400 ranking: 15

4. KEN GRIFFIN

Residence: Miami

How he made his money: Founded Citadel, the global investment firm, and Citadel Securities, one of the world’s largest market-making companies.

Net worth: $60.5 billion

Forbes 400 ranking: 20

5. DAVID TEPPER

Residence: Palm Beach

How he made his money: Built his fortune as a hedge fund manager and founder of Appaloosa Management. He also owns the Carolina Panthers.

Net worth: $28.5 billion

Forbes 400 ranking: 39

6. STEPHEN ROSS

Residence: Palm Beach

How he made his money: Founded Related Companies, the real estate development firm behind major projects in New York and South Florida. He also owns the Miami Dolphins.

Net worth: $21.5 billion

Forbes 400 ranking: 56

7. ANTONIO GRACIAS

Residence: Miami

How he made his money: Investments

Next Worth: $17 billion

Forbes 400 Ranking: 68

8. J. CHRISTOPHER REYES and MICHAEL JUDE REYES (brothers)

Residence: Palm Beach

How they made their money: Food distribution empire

Net worth: $14.3 billion

Forbes 400 ranking: 90

9. ROBERT DUGGAN

Residence: Miami

How he made his money: Built his fortune through investments in technology, biotechnology and pharmaceutical companies.

Net worth: $13.4 billion

Forbes 400 ranking: 96

10. JOSH HARRIS

Residence: Miami-Dade

How he made his money: Co-founded Apollo Global Management, the private equity firm. He has also built a portfolio of professional sports team investments.

Net worth: $12.4 billion

Forbes 400 ranking: 109

11. TERRY PEGULA

Residence: Boca Raton

How he made his money: Made a fortune in oil and gas and has since turned it into a sports empire that includes the Buffalo Bills and the Buffalo Sabres

Net worth: $11.8 billion

Forbes 400 ranking: 120

12. ORLANDO BRAVO

Residence: Miami Beach

How he made his money: Co-founded Thoma Bravo, a private equity firm specializing in software and technology investments.

Net worth: $11.6 billion

Forbes 400 ranking: 128

13. MICKY ARISON AND FAMILY

Residence: Miami-Dade

How he made his money: Built his fortune through Carnival Corp., the cruise company founded by his father. He is also the owner of the Miami Heat.

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Net worth: $11.5 billion

Forbes 400 ranking: 132

14. ELIZABETH DeLUCA AND FAMILY (only Florida woman and Broward resident on list)

Residence: Pompano Beach

How she made her money:Widow of co-founder of Miami-based Subway

Net Worth: $10.2 billion

Forbes 400 ranking: 153

15. JEFF GREENE

Residence: Palm Beach

How he made his money: Luxury real estate and investments

Net worth: $10.1 billion

Forbes 400 ranking: 156