iOS app Android app More

Michigan Billionaires 2012: The Richest Men, And A Few Women, In The State (PHOTOS)

Posted: 03/ 7/2012 6:00 pm

On Forbes list of 2012's worldwide billionaires, released Wednesday, Michiganders took only 11 of the record 1,226 spots. None of the Michiganders' net worth came near the double-digit billions of the top dogs, but their combined net worth of $21.4 billion is nothing to sneeze at.

In fact, it's more than 100 times Detroit's deficit -- not that we're suggesting anything.

Two local billionaires on the list have been to lock-up, at least two are college dropouts and one is a former race-car driver. Others made their fortunes from pizza, malls and medical equipment. And Michigan's top billionaire comes in as the 205th richest man in the world.

It's an intriguing list, if not quite a roadmap to riches. Find out who made the cut below, and see how they stack up against all the world's billionaires in the Forbes gallery.

Loading Slideshow...
  • #7 Roger Penske

    At the bottom of the list is Roger Penske, former race car driver who made his riches with Penske Auto Group. While he fell off the billionaire list last year, Penske is now holding steady with <a href="" target="_hplink">a net worth of $1.1 billion</a>. (Photo by Chris Trotman, Getty Images for NASCAR)

  • #6 (Tie) William Ford Sr., John Brown And Jon Stryker

    While these men have to share the spotlight, they each have their own $1.2 billion. William Ford Sr. <a href="" target="_hplink">owes much of his wealth</a> to his grandfather's newfangled invention -- a little thing called the car, from Henry Ford. One of the several sports team owners on the list, William Ford Sr. claims the Detroit Lions. <a href="" target="_hplink">John Brown</a> and <a href="" target="_hplink">Jon Stryker</a> both have their fortunes tied up in Stryker Corp., along with Ronda Stryker up in the #2 spot. (Photo of William Clay Ford by Tom Pidgeon, Getty Images)

  • #5 Manoj Bhargava

    Creator of 5-Hour Energy Manoj Bhargava is one of several college dropouts on the list, but after a whole host of business ventures and a short time as a monk, he's <a href="" target="_hplink">amassed a net worth of $1.3 billion</a>. (Flickr photo <a href="" target="_hplink">by Raymond Gilford</a>.)

  • #4 (Tie) Manuel "Matty" Moroun And Family

    Detroit International Bridge Company owner Manuel "Matty" Moroun, <a href="" target="_hplink">net worth $1.5 billion</a>, is one of the two Michigan billionaires who has spent a night in jail, for failing to comply with a court order to finish construction on the Gateway project, which is meant to connect the Ambassador Bridge (which crosses the Detroit River) to area freeways. (Photo by Carlos Osorio, AP)

  • #4 (Tie) Daniel Gilbert

    Dan Gilbert <a href="" target="_hplink">made his $1.5 billion with Detroit-based Quicken Loans</a>, but he's been spending left and right on <a href="" target="_hplink">building after building</a> in the city's downtown. (<a href="" target="_hplink">Photo courtesy of Quicken Loans</a>)

  • #3 Mike And Marian Ilitch

    Owner of the Detroit Tigers baseball team Mike and owner of the Motor City Casino Marian Ilitch are <a href="" target="_hplink">quite the power couple</a>, with a net worth of $2.4 billion. Their fortune comes from the pizza chain Little Caesars -- something to ponder the next time you <a href="" target="_hplink">eat a Hot-N-Ready</a>. (Photo by Bruce Bennett, Getty Images)

  • #2 (Tie) A. Alfred Taubman

    Mall-mogul and philanthropist A. Alfred Taubman's name adorns buildings on college campuses across the country. With a <a href="" target="_hplink">net worth of $2.5 billion</a>, the Bloomfield Hills resident is known for his business savvy as well as a short stint in jail for his <a href="" target="_hplink">involvement in a price-fixing scheme</a> at Sotheby's art auction house in 2002. (Photo by Matthew Peyton, Getty Images for Magnolia Pictures)

  • #2 (Tie) Ronda Stryker

    Ronda Stryker's <a href="" target="_hplink">$2.5 billion comes from Stryker Corp.</a>, a medical supply company founded by her grandfather, according to Forbes. (<a href="" target="_hplink">Photo courtesy of Stryker Corp.</a>)

  • #1 Rich DeVos

    And the winner is ...<a href="" target="_hplink">Richard DeVos</a>! The Amway founder and Orlando Magic team owner has a net worth of $5 billion, which doubles the second-richest Michiganders'. And how did he make his billions, you might ask? <a href="" target="_hplink">Positivity and compassion</a>, if we're to believe his author list.


Filed by Kate Abbey-Lambertz  |