Meet Colorado's 14 billionaires on the Forbes list
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Colorado landed 14 people on the annual Forbes list of the world's richest billionaires.
By the numbers: Most billionaires on the list have become more wealthy in the past year.
- At the top is conservative media and entertainment mogul Philip Anschutz with a net worth of $16.9 billion, an increase from 2024's list.
- He is followed by John Malone at $10.8 billion. Malone amassed his wealth in the cable TV market and sits on a number of prominent company boards.
- Colorado venture capitalist Mark Steves landed at third with a net worth of $8 billion.
Caveat: The state's list doesn't include a number of local power players — such as members of the Walton family — because they list their primary residence outside Colorado.
The intrigue: While Anschutz's $16.9 billion is a lot, it's nothing compared to the top 10 billionaires in the world.
- The richest title belongs to Elon Musk, who is worth $342 billion.
- Anschutz ranked No. 122.
Zoom in: Here's the full list of Colorado's richest billionaires, according to Forbes.
Philip Anschutz, 85
- Net worth: $16.9 billion — up from $15.3 billion in 2024. (Ranks No. 122 wealthiest in the world)
- Source of wealth: Energy, sports, entertainment
- Residence: Denver
John Malone, 84
- Net worth: $10.8 billion — up from $9.8 billion. (No. 230)
- Source of wealth: Cable television
- Residence: Elizabeth
Mark Stevens, 65
- Net worth: $8 billion — up from $6.5 billion. (No. 382)
- Source of wealth: Venture capital
- Residence: Steamboat Springs
Pat Stryker, 69
- Net worth: $4.1 billion — up from $3.9 billion. (No. 887)
- Source of wealth: Medical equipment
- Residence: Fort Collins
Charles Ergen, 72
- Net worth: $3.4 billion — up from $1.4 billion. (No. 1,072)
- Source of wealth: Satellite TV
- Residence: Denver
James Leprino, 87
- Net worth: $2.1 billion — same as prior year. (No. 1,688)
- Source of wealth: Cheese
- Residence: Indian Hills
Walter Kortschak, 65
- Net worth: $1.7 billion. (No. 2019)
- Source of wealth: Venture capital
- Residence: Aspen
- Net worth: $1.6 billion — down from $1.7 billion. (No. 2,110)
- Source of wealth: Slack messaging software
- Residence: Aspen
- Net worth: $1.4 billion — up from $1.3 billion. (No. 2,356)
- Source of wealth: Agriculture
- Residence: Boulder
Gary Magness, 71
- Net worth: $1.4 billion — up from $1.3 billion. (No. 2,356)
- Source of wealth: Cable TV, investments
- Residence: Denver
- Net worth: $1.4 billion — up from $1.3 billion. (No. 2,356)
- Source of wealth: Agriculture
- Residence: Englewood
Thomas Bailey, 88
- Net worth: $1.3 billion — up from $1.2 billion. (No. 2,479)
- Source of wealth: Money management
- Residence: Aspen
Ed Hallen, 43
- Net worth: $1.2 billion. (No. 2,623)
- Source of wealth: Marketing software
- Residence: Boulder
Kenneth Tuchman, 65
- Net worth: $1 billion — down from $1.1 billion. (No. 2,933)
- Source of wealth: Call centers
- Residence: Denver