8 OCers Place on Forbes 400Sunday, September 22, 2013
Eight members of the Business Journal’s annual OC’s Wealthiest list were included in the annual Forbes 400 list of wealthiest Americans last week.
Irvine Company Chairman Donald Bren topped the Business Journal’s list, which was published in August and estimated his net worth at $14 billion. Bren was No. 27 on Forbes’ list, with the same estimate.
Another real estate developer, Igor Olenicoff of Olen Properties in Newport Beach, ranked No. 184 on Forbes’ list, with an estimated net worth of $2.9 billion. The Business Journal estimated Olenicoff’s fortune at $3 billion and ranked him No. 2 here.
David Sun and John Tu, co-owners of Fountain Valley-based Kingston Technology Inc., were each estimated to have fortunes worth $4 billion, tying them for the 110th place on the Forbes 400. The Business Journal estimated the net worths of Sun and Tu at $2.9 billion each, and they shared the No. 3 rank on our list.
Forbes estimated the wealth of Pacific Investment Management Co.’s Bill Gross at $2.3 billion, and ranked him No. 252 nationally. The Business Journal pegged the Pimco cofounder at $2.3 billion, placing him in the No. 5 spot here.
Henry Samueli, cofounder and chairman of Irvine-based Broadcom Corp., ranked No. 327 with an estimated net worth of $1.7 billion by Forbes. The Business Journal estimated Samueli’s fortune at $2.2 billion, good for the No. 6 ranking on our list.
Forbes estimated the net worth of Jim Jannard—who founded and sold Oakley Inc. in Foothill Ranch and now owns Irvine-based Red Digital Cinema Camera Co.—at $3 billion. He ranked No. 166 on Forbes’ list. The Business Journal estimated Jannard’s fortune at $2 billion and ranked him No. 7 here.
Forbes placed real estate developer and private equity investor George Argyros of Arnel & Affiliates in Costa Mesa in the No. 260 spot with an estimated net worth of $2.1 billion. The Business Journal estimated Argyros’ fortune at $1.8 billion, good for the No. 8 spot in OC.