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Forbes: Five billionaires call Georgia home (Natalie Ransom)

March 12, 2010

Natalie Ransom, Buckhead Office Founding Member, REALTOR®

Natalie Ransom, Buckhead Office Founding Member, REALTOR®

From The Atlanta Business Chronicle (March 11, 2010)

Submitted by Natalie Ransom

There is a new richest man in the world and Georgia remains home to five billionaires, according to Forbes magazine’s new annual ranking of the richest people in the world published Thursday.

The wealthiest among Georgia’s billionaires remains Anne Cox Chambers, the 90-year-old daughter of James M. Cox, the media mogul who built Cox Enterprises. Her estimated net worth is $10 billion, up $1 billion over 2009. She ranked 64th on the overall list.

Cox Chambers’ nephew James Kennedy, 62, is ranked 154th richest with net worth of $5 billion, up from $4.5 billion in 2009.

Chick-fil-A Inc. founder S. Truett Cathy, 89, is tied with another Atlantan at 655th with an estimated net worth of $1.5 billion. It is his first mention on the world’s wealthiest list, though he was on Forbes’ wealthiest Americans list last year.

Bernie Marcus, the 80-year-old The Home Depot Inc. (NYSE: HD) co-founder, Georgia Aquarium benefactor and Atlanta philanthropist, also ranked 655th with an estimated net worth of $1.5 billion. His net worth was estimated at $1.,2 billion in 2009.

Home Depot co-founder and Atlanta Falcons owner Arthur Blank, 67, came in at 773rd on the list with an estimated net worth of $1.3 billion. His net worth was estimated at $1.,2 billion in 2009.

Carlos Slim, the 70-year-old Mexican telecommunications mogul took the honors as world’s wealthiest person, with a net worth of $53.5 billion. That was just above Microsoft co-founder Bill Gates’ net worth of $53 billion.

Click here to see the complete list.

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