Forbes has released its annual list of the world’s billionaires, and Pittsburgh boasts several connections. The 2024 list features 2,781 billionaires with a combined net worth of $14.2 trillion. Each person’s wealth was calculated using stock prices and exchange rates as of March 8, 2024.

Three individuals with strong ties to the Steel City made the list: Maggie Hardy, Mark Cuban, and David Tepper. Hardy, owner and CEO of 84 Lumber, has a net worth of $4.1 billion, which puts her at No. 775. She took over the reins of 84 Lumber from her father, Joe Hardy, who founded the company and passed away in January 2023. Cuban, with a net worth of $5.4 billion, came in at number 563. Cuban, who grew up in Mount Lebanon and attended the University of Pittsburgh, recently sold his majority stake in the Dallas Mavericks. Tepper, known as one of the greatest hedge fund managers of his generation and founder of Appaloosa Management in 1993, came in at number 94 with a net worth of $20.6 billion and owns the Carolina Panthers and has roots in Pittsburgh’s Stanton Heights neighborhood.

In addition to these three individuals with strong ties to Pittsburgh are Thomas Toole and Ron Burkle both have minority stakes in their respective teams – Toole has a minority stake in the Pittsburgh Steelers while Burkle has a minority stake in the Pittsburgh Penguins.

Overall these individuals represent not only Pittsburgh’s wealth but also its success globally on Forbes’ list

By Samantha Johnson

As a dedicated content writer at newspuk.com, I immerse myself in the art of storytelling through words. With a keen eye for detail and a passion for crafting engaging narratives, I strive to captivate our audience with each piece I create. Whether I'm covering breaking news, delving into feature articles, or exploring thought-provoking editorials, my goal remains constant: to inform, entertain, and inspire through the power of writing. Join me on this journalistic journey as we navigate through the ever-evolving media landscape together.

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