Follow LA Observed on Twitter here
The Los Angeles Business Journal is out with its annual guess of who is worth what, promoting Kirk Kerkorian ($9.3 billion) to the top spot over last year's champion, Sumner Redstone ($7.4 billion.) Three new names make the top 50—#36 Ming Hsieh, founder and CEO of Cogent Systems Inc., and Dodgers owners Frank and Jamie McCourt at #46. David Geffen, Steven Spielberg, Mel Gibson and Jeffrey Katzenberg stay on the list, but Michael Eisner slips off. The usual caveats apply, plus they use the term Angeleno loosely: six of the top ten live in Beverly Hills or Malibu.
1. KIRK KERKORIAN
Net Worth: $9.3 billion +15%
Last Year: $8.1 billion
Beverly Hills2. SUMNER REDSTONE
Net Worth: $7.4 billion -11%
Last Year: $8.3 billion
Beverly Hills3. BARBARA DAVIS & FAMILY
Net Worth: $6 billion -7%
Last Year: $6.4 billion
Beverly Hills4. ELI BROAD
Net worth: $5.6 billion +17%
Last year: $4.8 billion
Brentwood5. JEFFREY SKOLL
Net Worth: $4.8 billion +7%
Last Year: $4.5 billion
Los Angeles6. DAVID MURDOCK
Net Worth: $4.5 billion
Last Year: $4.5 billion
Los Angeles7. DAVID GEFFEN
Net Worth: $4.2 billion -2%
Last Year: $4.3 billion
Malibu8.PATRICK SOON-SHIONG
Net Worth: $4 billion +11%
Last Year: $3.6 billion
Los Angeles9.BRADLEY WAYNE HUGHES & FAMILY
Net Worth: $3.6 billion +33%
Last Year: $2.7 billion
Malibu10.STEVEN FERENCZ UDVAR-HAZY
Net Worth: $3.4 billion +13%
Last Year: $3 billion
Beverly Hills
Not sure whether this is free or subscriber-only, but here's the full Top 50. This year's theme is philanthropy.
Photo: Mike Mergen/Bloomberg News