The annual Forbes “definitive ranking of the wealthiest Americans,” better known as The Forbes 400, includes at least seven individuals who particpate in horse racing in a major way. Six of the seven are racehorse owners and the other owns two racetracks.
John Malone. Age 77. Net worth $7.5 billion. Forbes rank: #67/400. Principal source of wealth is cable television. Owns Bridlewood Farm in Florida and Ballylinch Stud in Ireland.
Daniel Gilbert. Age 56. Net worth $7.1 billion. Forbes rank: #71/400. Principal source of wealth is mortgage loans. Through his casino companies, he owns Turfway Park and Thistledown racetracks.
B. Wayne Hughes. Age 85. Net worth $2.9 billion. Forbes rank: #280/400. Principal source of wealth is self-storage facilities. Owns Spendthrift Farm.
Gayle Benson. Age 71. Net worth $2.9 billion. Forbes rank: #298/400. Principal source of wealth is professional sports teams. Widow of Tom Benson. Horses run under the banner of GMB Racing.
Lee Bass. Age 62. Net worth $2.5 billion. Forbes rank: #328/400. Principal sources of wealth are oil and investments. Horses race in the name of Lee’s wife Ramona.
Brad Kelley. Age 61. Net worth $2.4 billion. Forbes rank: #344/400. Principal source of wealth is tobacco. Owns Calumet Farm.
Vincent Viola. Age 62. Net worth $2.4 billion. Forbes rank: #344/400. Principal source of wealth is electronic trading. Among other horses, owns part of 2017 Kentucky Derby winner Always Dreaming.
Three of these billionaires own professional sports teams: John Malone, Atlanta Braves of Major League Baseball; Daniel Gilbert, Cleveland Cavaliers of the National Basketball Association; and Gayle Benson, New Orleans Saints of the National Football League and New Orleans Pelicans of the NBA.
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