How many PE execs made Forbes world billionaires list?
Not that many, apparently. Warren Buffett, who isn’t technically private equity, placed third with a $44 billion net worth. Mark Zuckerberg, who also isn’t PE but is interesting, came in 35th with $17.5 billion.
Forbes listed Carl Icahn, the corporate raider, under “leveraged buyouts.” He ranked 50th with a net worth of $14 billion. Ron Perelman, also listed under “leveraged buyouts,” came in 69th with $12 billion.
Sam Zell, the owner of the Tribune, is named under “real estate, private equity.” He has a $4.9 billion net worth and placed 216th. CORRECTION: The more typical buyout execs (that I cover) don’t come until Stephen Schwarzman, the head of Blackstone, who is No. 184. He has a net worth of $5.5 billion. Henry Kravis, one of KKR’s co-founders, placed 276th, with a net worth of $4 billion. George Roberts, also of KKR, ranked 304th with $3.6 billion.
Leon Black, the head of Apollo Global Management, placed 330th with $3.4 billion. And then we have the three founders of the Carlyle Group. William Conway, Daniel D’Aniello and David Rubenstein tied for 418th place (with several other execs not in PE). Each has a net worth of $2.8 billion. Conway, D’Aniello and Rubenstein may move up once Carlyle goes public.
To see more of the Forbes list, go here.
(CORRECTION: A previous version of this story left off Stephen Schwarzman, head of the Blackstone Group. He leads the PE field. The headline has also been changed.)