The Doheny Mansion, once home to one of Los Angeles' wealthiest families. Now part of the campus of Mount St. Mary's University. Los Angeles Almanac Photo.
According to the Forbes 400 list of America's wealthiest persons, California is home to 86 persons/families who, in 2023, each had a personal net worth of at least $3 billion. Of these, 28 are residents of Los Angeles County, the highest concentration in any of the state's counties. The combined 2023 wealth of these Los Angeles County billionaires was $162 billion, about 16 percent of the combined wealth of all California billionaires in Forbes' most recent list.
In our list below, the Almanac included an additional six billionaires who are residents of Los Angeles County who did not make the 2023 Fortune 400 net worth cutoff.
Ranked by Net Worth. Net worth figures are for October 3, 2023.
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
|---|---|---|---|---|---|---|
| Eric Smidt | $10.5 | 63 | Beverly Hills | Harbor Freight Tools | 65 | 12 |
| John Tu | $10.2 | 82 | Rolling Hills | Computer Hardware | 67 | 13 |
| Marijke Mars | $9.7 | 59 | Los Angeles | Mars Inc. Heir | 76 | 15 |
| Tom Gores | $8.1 | 59 | Beverly Hills | Private Equity | 108 | 21 |
| Anthony Ressler | $8.1 | 62 | Los Angeles | Finance | 108 | 21 |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| David Geffen | $8.0 | 80 | Beverly Hills | Motion Pictures, Music | 114 | 22 |
| Don Hankey | $7.4 | 80 | Malibu | Auto Loans | 128 | 23 |
| Edward Roski, Jr. | $7.4 | 84 | Los Angeles | Real Estate | 128 | 23 |
| Edythe Broad & Family | $7.0 | 87 | Los Angeles | Homebuilding, Insurance | 145 | 24 |
| Lynsi Snyder | $6.7 | 41 | Glendora | In-N-Out Burger | 156 | 26 |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| Michael Milken | $6.5 | 77 | Los Angeles | Investments | 161 | 27 |
| Peter Thiel | $5.9 | 55 | Los Angeles | Facebook, Investments | 180 | 28 |
| Lynda Resnick | $5.6 | 80 | Beverly Hills | Agriculture | 192 | 29 |
| Stewart Resnick | $5.6 | 86 | Beverly Hills | Agriculture | 192 | 29 |
| Rick Caruso | $5.3 | 64 | Los Angeles | Real Estate | 204 | 31 |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| Patrick Soon-Shiong | $4.9 | 71 | Los Angeles | Pharmaceuticals | 227 | 34 |
| Steven Spielberg | $4.8 | 76 | Pacific Palisades (Los Angeles) | Motion Picures | 238 | 35 |
| Jeff Skoll | $4.4 | 58 | Los Angeles | eBay | 264 | 37 |
| Jean (Gigi) Pritzker | $4.3 | 61 | Los Angeles | Hotel Heir, Investments | 267 | 38 |
| Donald Sterling | $4.0 | 89 | Beverly Hills | Real Estate | 285 | 40 |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| Behdad Eghbali | $3.8 | 47 | Los Angeles | Private Equity | 295 | 41 |
| Jose E. Feliciano | $3.8 | 50 | Marina del Rey | Private Equity | 295 | 41 |
| Anthony Pritzker | $3.7 | 62 | Los Angeles | Hotels, Investments | 304 | 42 |
| Travis Kalanick | $3.6 | 47 | Los Angeles | Uber | 314 | 43 |
| Nicolas Berggruen | $3.2 | 62 | Beverly Hills | Real Estate, Investments | 356 | 47 |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| Geoffrey Palmer | $3.1 | 73 | Beverly Hills | Real Estate | 366† | 48 |
| Haim Saban | $3.0 | 78 | Beverly Hills | TV Network, Investments | 379 | 49 |
| Meg Whitman | $3.0 | 67 | Los Angeles | eBay | 379 | 49 |
| Sean Parker | $2.8 | 43 | Los Angeles | ---** | ---** | |
| Evan Spiegel | $2.5 | 33 | Los Angeles | Snapchat | ---** | ---** |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| Alec Gores | $2.4 | 70 | Beverly Hills | Private Equity | ---** | ---** |
| Bruce Karsh | $2.4 | 67 | Los Angeles | Private Equity | ---** | ---** |
| Jeffrey Gundlach | $2.2 | 64 | Los Angeles | Investments | ---** | ---** |
| Bobby Murphy | $2.1 | 35 | Venice (Los Angeles) | Snapchat | ---** | ---** |
* Tied in Ranking
† New to the Forbes 400 List.
** Did not make the 2023 Forbes 400 list. The Almanac, however, still lists billionaires with a net worth of $2.1 billion or more.
Source: Forbes
