02:00 | 13/03/2022 Print
|Top 10 Richest People in North Carolina Right Now|
According to Forbes, the 400 wealthiest Americans grew their wealth by 40 percent throughout the last year reaching a collective $4.5 trillion.
The wealthiest North Carolinians could afford to buy a large cup of coffee at Krispy Kreme for every adult in the state every day for the next year, and still have millions of dollars in change left over. A total of five billionaires on this year's list hail from North Carolina. At the top is James Goodnight, 78, who as CEO of the technology company SAS Institute has a net worth of worth a net $9.3 billion.
To compile this year's list, Forbes used a snapshot of its real-time billionaire's rankings by analyzing stock prices and exchange rates for March 5.
1. James Goodnight
2. Tim Sweeney
3. Julian Robertson
4. John Sall
5. Clemmie Spangler Jr
6. Dennis Gillings
7. Leon Levine & family
8. Ollen Smith
9. Jerry Richardson
10. Rick Hendrick
• Estimated net worth: $9.3 billion
James Goodnight was born on January 06, 1943, in Cary, North Carolina, United States, is CEO, of SAS Institute.
With an estimated net worth of $9.3 billion, James Goodnight is the wealthiest person in North Carolina and one of the 100 wealthiest people in America. Like many in the Research Triangle area, Goodnight made his fortune in the software industry. Goodnight founded analytics software firm SAS with a fellow NC State University faculty member in 1976. The company has since grown from $138,000 in annual revenue to $3.2 billion. SAS has more than 14,000 employees worldwide and is currently the largest employer in Cary, accounting for about 6 percent of the town's total workforce.
• Estimated net worth: $7.4 billion
The second richest North Carolinian—and 120th richest American—is Tim Sweeney, 50. While you may not recognize his name, gamers out there are sure to recognize his company, Epic Games.
Sweeney initially founded the company as Potomac Computer Systems way back in 1991 before releasing his first video game ZZT and transforming the company into Epic MegaGames Inc. the following year, according to Polygon.
While the company was founded in Maryland, Epic moved to Cary in 1999 at about the time when the name was simplified to Epic Games. Some of Epic’s most popular titles include Fortnite and Gears of War.
And at this point of the story, you’ve already met the third richest man in North Carolina, Goodnight’s business partner, and SAS co-founder John Sall. Sall, 73, is worth an estimated $4.4 billion.
• Estimated net worth: $4.8 billion
Born and raised in North Carolina, Robertson served two years in the Navy after graduating from UNC-Chapel Hill.
Before becoming one of the most successful hedge fund managers in history, Robertson served in the Navy while working as a stockbroker for Kidder Peabody. In 1980, he founded Tiger Management which became one of the highest-grossing hedge funds. In 2000 he dissolved the business and focused his attention on coaching up-and-coming hedge fund managers. Additionally, he divides his time between different philanthropic causes and medical research.
Robertson has given away $1.3 billion of his wealth to charitable causes including medical research, charter schools and environmental protection.
• Estimated net worth: $4 billion
John Sall is an American businessman who has a net worth of $4 billion dollars which makes him one of the richest people in North Carolina. Born in Rockford, Illinois, John Sall graduated from Beloit College, and then went on to earn his Master's Degree in Economics from Northern Illinois University.
He also took graduate school courses in Statistics at North Carolina State University, and it was there that he met his future business partner, Jim Goodnight. The pair, along with two other colleagues, founded SAS Institute, Inc. The company has since grown to become the largest, a privately owned software company in the world. It is recognized for its worker-friendly policies, including on-site childcare services and wellness programs, as well as its technological innovations. Mr. Sall is the company's current vice-president and runs the dynamic data visualization division. He is also the co-owner of Prestonwood Country Club and the Umstead Hotel & Spa, and co-founded the private school, Cary Academy.
• Estimated net worth: $2.4 billion
Clemmie Spangler, Jr. is an American businessman who has a net worth of $2.3 billion dollars which makes him one of the richest people in North Carolina today. Born in Charlotte, North Carolina, Clemmie Spangler, Jr., graduated from the University of North Carolina, and then earned an MBA from Harvard University.
He took over management of his father's bank, Bank of North Carolina while it was struggling. In the early 80s, he merged it with North Carolina National Bank and then merged it with Bank of America. In addition to his banking work, he is the Head of National Gypsum, a building materials company. He was the chair of the Board of Education in North Carolina for four years from the early to mid-80s, and he also served as President of the University of North Carolina from 1986 to 1997. He regularly donates to North Carolina area education initiatives through his charitable organization, the C.D. Spangler Foundation.
• Estimated net worth: $2.3 billion
Dennis Barry Gillings CBE is a British-born American statistician and entrepreneur, the founder and former chairman of Quintiles, a clinical research company. Gillings, a former biostatistics professor, launched Quintiles in 1982 with the goal of making clinical trials for drugs faster and more efficient.
Gillings retired from the board of IQVIA in April 2018. He still serves as a partner of healthcare-focused investment firm NovaQuest Capital.
In November 2019, NovaQuest finished raising $275 million for its first private equity fund. The firm manages about $2.75 billion in total assets. Quintiles reached annual revenues of $5.7 billion before merging with healthcare data firm IMS Health in 2016.
• Estimated net worth: $1.9 billion
Leon Levine is a famous Entrepreneur, who was born on June 8, 1937, in the United States. Businessman and philanthropist who founded the Family Dollar chain of discount stores in 1959. According to Astrologers, Leon Levine's zodiac sign is Gemini.
Family Dollar had always been a family company. That is until the activist investors started swarming. In June 2014, 55 years after his father Leon had started Family Dollar with $6,000, Howard Levine reportedly got a call from Carl Icahn. The Wall Street legend wanted Levine out. Dollar General had been producing higher margins than Family Dollar, and Icahn thought there was an opportunity for bigger profits at Levine's company -- if Levine weren't leading it.
Icahn wasn't the only one who thought Family Dollar could use new leadership. Rivals Dollar General and Dollar Tree had both been eyeing Family Dollar, and the two kicked off an epic bidding war for the discount retailer, boosting Family Dollar's share prices to new highs. Billionaire hedge fund manager Paul Singer joined Icahn in advocating for a sale to Dollar General. In the end, Dollar Tree won the contest, agreeing to pay a reported $8.5 billion for Family Dollar in January 2015. The deal still had not closed as of June. But everyone with a stake in Family Dollar got a boost from the soaring stock, including the Levine family. Howard has been selling off his shares since the announcement.
• Estimated net worth: $1.49 Billion
Ollen Bruton Smith was born on March 2, 1927, in Oakboro, North Carolina, United States. Growing up, Smith spent most of his time watching car races after watching his first race as an eight-year-old. His passion for racing and cars led him to buy his first race car when he was 17 years old. At 18, he was already promoting stock car events at Midland, North Carolina. In his statement, he defeated NASCAR legends Joe Weatherly and Buck Baker and Joe Weatherly but had to quit racing because his mother asked him to.
The American racetrack owner and racing promoter, Bruton Smith, who was born and brought up in North Carolina, currently owns a net worth of $1.5 billion. Not only is he the promoter of the NASCAR track Speedway Motorsports, Inc., he is also its owner and chief executive officer. His Speedway Motorsports company has been his major source of income for the past decade. Another of his income booster is Sonic Automotive which he founded many years ago. Sonic is a group of 100 car dealerships that operate within the United States.
• Estimated net worth: $1.1 billion
Richardson was born in Spring Hope, North Carolina, on July 18, 1936, and graduated from Wofford in Spartanburg, South Carolina. He was an NFL player and became an owner when he established the Carolina Panthers franchise. In 2016, helped create the Rosalind Sallenger Richardson Center for the Arts on the Wofford College campus to honor his wife.
Јеrrу Rісhаrdѕоn іѕ а реrѕоn whо ѕtаrtеd hіѕ саrееr wіth bеіng аn NFL рlауеr аnd thеn hе bесаmе thе buѕіnеѕѕmаn. Не bесаmе а bіllіоnаіrе bу bесоmіng thе оwnеr оf thе Саrоlіnа Раnthеrѕ. Не hаd іntеrеѕt іn thе fооtbаll ѕіnсе hе wаѕ іn hіѕ hіgh ѕсhооl аnd соllеgе. Аt рrеѕеnt, hе іѕ thе со-оwnеr оf thе оnе оf thе lаrgеѕt fооd сhаіn оf Аmеrіса nаmеd Flаgѕtаr. Аlmоѕt оnе lаkh еmрlоуееѕ wоrk іn thе 2500 rеѕtаurаntѕ runnіng undеr thаt fооd lіnе. Не hаѕ nоt dіѕсlоѕеd аnуthіng аbоut hіѕ реrѕоnаl lіfе tо mеdіа оr hіѕ fаnѕ.
• Estimated net worth: $1 billion
Joseph Riddick Hendrick was born on the 12th of July, 1949, in Warrenton, North Carolina. Hendrick was raised on his family’s farm.
At the age of 16, Hendrick won the Virginia division of the Chrysler-Plymouth Troubleshooting Contest, a two-part test consisting of a written exam and a timed hands-on diagnosis and repair of defects planted on a car.
As of 2022, Rick Hendrick’s net worth is estimated to be $1 billion.
Rick Hendrick is the current owner of the American NASCAR team, Hendrick Motorsports, and co-owner of JR Motorsports, and founder of the Hendrick Automotive Group and Hendrick Marrow Program.
What is The Richest Town In North Carolina?
- Median household income: $206,469 (200.5% more than U.S. median income)
- Households earning over $200,000: 957 (51.3% of households)
- Median earnings for workers: $70,476 (male: $172,813; female: $64,135)
- Civilian population with health insurance: 95.8%
- Unemployment rate: 2.4%
- Families with income below poverty level: 1.6%
Marvin Village, North Carolina, is a small suburb of Charlotte. The small community is in the process of growing, however, according to Neighborhood Scout, as residents are moving to Marvin Village attracted by a thriving job market and booming local economy. The town is white-collar, with 92.3% of the workforce working in white-collar jobs, including management, sales, and finance. Nearly 20% of the workforce telecommutes.
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