I’ve had the privilege of getting my hands on the list early, folks. I think I may even be the first to break the story over the weekend before it hits newsstands on Monday. What luck!

Below you will find a list of the top 50 wealthiest individuals in Los Angeles - 41 of whom live right here in Los Angeles! If money moves you, and you’re curious about who’s doing what, check out the list below!

L.A. is home to the rich and famous and not-so-famous, but $118.3 billion dollars are represented by 50 people here! The Los Angeles Business Journal will be naming
the definitive list of who’s who in L.A. with its 50 Wealthiest Angelenos annual issue (on newsstands Monday, May 28th).

With 41 billionaires, this list contains Hollywood hot shots such as David Geffen (#4), Steven Spielberg (#11), and Roy Disney (#33), but also some Angelenos famous in their own industries such as pharmaceutical’s Patrick Soon-Shiong (#7), supermarket’s
Ron Burkle (#9), real estate’s Ed Roski Jr. (#12 at 2.6 billion), Chief Executive of Majestic Realty Co., one of the nation’s oldest and largest privately held real estate companies and commercial developers in Southern California. Also, commercial real estate developer Rick Caruso debuts on the list at #37 this year.

Entertainment and real estate were the two most common sources of wealth among L.A.’s wealthiest, with some benefiting from both.

There is also a worldwide trend…Forbes recently calculated that there are 946 billionaires worldwide. 41 of them live here in L.A.! It is astonishing that the power and wealth has risen to such a level that you can’t even get to the top 40 without being a billionaire! Five more billionaires have been added since last year’s Los Angeles Business Journal list was released.

These are the true power brokers in Los Angeles.

TOP 50 WEALTHIEST LOS ANGELENOS

1. Kirk Kerkorian $16.1 billion

2. Sumner Redstone $8.4 billion

3. Eli Broad $6.5 billion

4. David Geffen $4.5 billion

5. David Murdock $4.5 billion

6. Haim Saban $4.1 billion

7. Patrick Soon-Shiong $3.7 billion

8. Steven Ferencz Udvar-Hazy $3.6 billion

9. Ron Burkle $3.4 billion

10. A. Jerrold Perenchio $3.1 billion

11. Steven Spielberg $3.1 billion

12. Ed Roski Jr. $2.6 billion

13. Tom Gores $2.5 billion

14. John Tu $2.4 billion

15. John E. Anderson $2.32 billion

16. Bradley Wayne Hughes $2.3 billion

17. Alfred E. Mann $2.1 billion

18. Franklin Otis Booth Jr. $2 billion

19. Barbara Davis $2 billion

20. Charles T. Munger $2 billion

21. Anthony Pritzker $1.8 billion

22. David Hearst Jr. $1.7 billion

23. George Randolph Hearst Jr. $1.7 billion

24. Alan Casden $1.6 billion

25. Louis Gonda $1.6 billion

26. Merv Griffin $1.6 billion

27. Gary Michelson $1.52 billion

28. Leslie Gonda $1.4 billion

29. Alec Gores $1.4 billion

30. Michael Milken $1.4 billion

31. Donald Sterling $1.4 billion

32. Robert Addison Day Jr. $1.37 billion

33. Roy E. Disney $1.35 billion

34. George Joseph $1.3 billion

35. Stewart Resnick $1.3 billion

36. John Shea $1.3 billion

37. Rick Caruso $1.2 billion

38. William Barron Hilton $1.2 billion

39. Frank & Jamie McCourt $1.1 billion

40. Jeffrey Katzenberg $1 billion

41. Peter Lowy $1 billion

42. Stephen L. Bing $970 million

43. Lowell J. Milken $970 million

44. Frederick “Ted” Field $950 million

45. Neil Kadisha $900 million

46. Tom Werner $895 million

47. Aubrey Chernick $845 million

48. Guilford Glazer $820 million

49. Michael Eisner $790 million

50. Ming Hsieh $715 million

Now ladies, don’t e-mail me asking me which men are single -
because THAT, I DO NOT KNOW!!! :-D

Remember that the detailed list with a bio of each person will be found on newsstands in MONDAY, MAY 28th’s edition of the Los Angeles Business Journal or online at: www.labusinessjournal.com.