Pittsburgh residents on Forbes’ 2024 list of the world’s billionaires

Forbes released its annual list of the world’s billionaires, which includes plenty of Pittsburgh ties. The 2024 list consists of 2,781 billionaires with a combined net worth of $14.2 trillion. Forbes calculated each person’s wealth using stock prices and exchange rates from March 8, 2024. Among those who made it to the list are three individuals with strong connections to the Steel City: Maggie Hardy, Mark Cuban, and David Tepper. Additionally, Thomas Tull and Ron Burkle, both with ties to Pittsburgh, also made the cut.

David Tepper, known as one of the greatest hedge fund managers of his generation, ranked No. 94 with a net worth of $20.6 billion. Tepper, who founded Appaloosa Management in 1993, owns the Carolina Panthers and has roots in Pittsburgh’s Stanton Heights neighborhood. Mark Cuban, with a net worth of $5.4 billion, came in at No. 563. Cuban, who grew up in Mt. Lebanon, recently sold his majority stake in the Dallas Mavericks. He attended the University of Pittsburgh. Maggie Hardy, the owner and CEO of 84 Lumber, holds a net worth of $4.1 billion, landing her at spot No. 775. She took over the reins of 84 Lumber from her father, Joe Hardy, who founded the company and passed away at 100 years old in January 2023.

Both Thomas Tull and Ron Burkle, each worth $3 billion, were placed at No. 1,104 on the list. Tull has a minority stake in the Pittsburgh Steelers, while Burkle is a minority stakeholder in the Pittsburgh Penguins. These individuals represent the wealth and success of Pittsburgh on a global scale.

By Samantha Robertson

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