Page 119 - Forbes Magazine-October 31, 2018

LeaderBoard

NEWCOMERS BY THE NUMBERS
THE CLASS OF 2018 INSIDE THE
FORBES 400
THE ADMISSION CUTOFF for this year’s Forbes 400 is a record $2.1 billion,
yet 15 people surmounted it to earn their fi rst-ever spot among the richest
Americans. Entrepreneurial spirit reigns, too: All but three are self-made.

OLDEST
SUMNER REDSTONE
95

YOUNGEST
EVAN SPIEGEL
28

WOMEN
57

UNDER 40
12

STATE WITH MOST
CALIFORNIA
92

MAKE WAY, MR. BEZOS? CITY WITH MOST
NEW YORK
Shares of the e-commerce site Wayfair, founded 54
by Niraj Shah (above) in 2002 with his Cornell DREW ANGERER/GETTY IMAGES; MICHAEL TRAN/FILMMAGIC/GETTYIMAGES; MICHAEL NAGLE/BLOOMBERG; 4KODIAK/GETTYIMAGES; CHRIS HEPBURN/GETTY IMAGES; TINOLOHITT/ALAMY STOCK PHOTO
classmate and fellow Forbes 400 newcomer Steve SELF-MADE
Conine (right), have soared nearly 80% in the 269
last year. Th e duo got started hawking stereo
racks and stands before expanding meticulously
into other market niches. Wayfair now carries
more than 10 million products, with a focus on
home furnishings.
INHERITED
ERNEST GARCIA II BRADLEY JACOBS NIRAJ SHAH 64
$5.3 BIL CARVANA $2.7 BIL XPO LOGISTICS $2.2 BIL WAYFAIR
DAVID STEWARD BILL AUSTIN BEN CHESTNUT INDUSTRY WITH MOST
$3.4 BIL IT SERVICES $2.5 BIL HEARING AIDS $2.1 BIL MAILCHIMP FINANCE & INVESTMENTS
LYNSI SNYDER THOMAS HAGEN DAN KURZIUS 88
$3 BIL IN-N-OUT BURGER $2.3 BIL INSURANCE $2.1 BIL MAILCHIMP
INDUSTRY WITH SECOND-MOST BY NOAH KIRSCH (BY THE NUMBERS)
GAYLE BENSON THAI LEE CHRIS LARSEN
$2.8 BIL N.O. SAINTS, PELICANS $2.3 BIL IT SERVICES $2.1 BIL CRYPTOCURRENCY TECH
65
DREW HOUSTON STEVE CONINE ANTONY RESSLER
$2.7 BIL DROPBOX $2.2 BIL WAYFAIR $2.1 BIL FINANCE AND INVESTMENTS

28 | FORBES OCTOBER 31, 2018