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Wealthiest Persons in Los Angeles County, 2015

Name

Net Worth
(Billion)

Age

Residence

Source of Wealth

National
Rank*
California
Rank**

Patrick Soon-Shiong

$12.4

63

Los Angeles

Pharmaceuticals

34

7

Elon Musk

$11.7

44

Los Angeles

Tesla Motors

35

8

Eli Broad

$7.4

82

Los Angeles

Investments

65

12

David Geffen

$6.9

72

Malibu

Entertainment

70

13

Sumner Redstone

$5.0

92

Beverly Hills

Media

94

19

Jin Sook & Do Won Chang

$4.6

56

Beverly Hills

Fashion Retail

119

23

Tamara Gustavson

$4.4

53

Malibu

Self Storage

124

25

Stewart & Lynda Resnick

$4.3

-

Beverly Hills

Agriculture, Water

129

26

John Tu

$4.2

74

Rolling Hills

Computer Hardware

133

28

Jeffrey Skoll

$4.1

50

Los Angeles

Ebay

135

30

Edward Roski, Jr.

$4.0

76

Los Angeles

Real Estate

138

32

Kieu Hoang

$3.8

71

Los Angeles

Pharmaceuticals

149

34

Steven Udvar-Hazy

$3.7

69

Beverly Hills

Aircraft Leasing

159

37

Steven Spielberg

$3.6

68

Pacific Palisades

Movies

164

39

Haim Saban

$3.5

71

Beverly Hills

TV Network, Investments

171

41

Rick Caruso

$3.5

56

Brentwood

Real Estate

171

40

Anthony Pritzker

$3.4

54

Los Angeles

Hotels, Investments

182

43

Tom Gores

$3.3

51

Beverly Hills

Private Equity

194

47

Donald Sterling

$3.1

79

Beverly Hills

Real Estate

209

48

David Murdock

$2.9

92

Los Angeles

Dole, Real Estate

227

54

A. Jerrold Perenchio

$2.7

84

Bel Air

Television, Univision

246

62

Don Hankey

$2.7

72

Malibu

Auto Loans

246

60

Michael Milken

$2.5

69

Los Angeles

Investments

268

64

Alec Gores

$2.1

62

Beverly Hills

Private Equity

327

76

Evan Spiegel

$2.1

25

Los Angeles

Snapchat

327

79

Bruce Karsh

$2.0

60

Los Angeles

Private Equity

342

82

Bobby Murphy

$1.8

27

Venice

Snapchat

375

87

* 400 Wealthiest Persons in the United States, 2015
** 92 Wealthiest Persons in California, 2015

Source: Forbes Magazine

South-African-born Patrick Soon-Shiong's personal wealth at $12.4 billion makes him the wealthiest resident
in Los Angeles County in 2015 and the seventh wealthiest in the state. Forbes ranks him 34 among the 400
wealthiest people in the nation and 96 on their list of the world's billionaires. His father was a village doctor
in China who fled with his family to South Africa during World War II. Soon-Shiong graduated from high school
at age 16 and became a doctor at age 23. He went on to achieve prominence as a surgeon, medical researcher,
businessman, UCLA professor and philanthropist. He took his first pharmaceutical venture public in 2001,
eventually selling that and another start-up for more than $8 billion.

Forbes Magazine makes California home to 92 people who in 2015 had a personal net worth of $1 billion or
more. Of these, 27 reside in Los Angeles County, the highest concentration in any of the state's counties.
The combined wealth of Los Angeles County's billionaires comes to $115.7 billion.

 

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