These are the Philadelphia region's newest billionaires
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Half of the Philadelphia region's newest billionaires are making a fortune in real estate, per Forbes' annual list.
Why it matters: The region minted at least four new billionaires from last year.
State of play: Twenty-five entrepreneurs, investors and heirs out of the more than 3,000 on this year's list live in Pennsylvania, per Forbes.
- Meanwhile, at least 16 billionaires live in the Philly region or founded companies with headquarters here.
💰 Top dog: Jeffrey Yass, the co-founder of trading firm Susquehanna International Group, was the region's highest-ranked billionaire.
- The Haverford resident's net worth more than doubled over the past year to reach $59 billion, good enough for 25th on this year's list.
Newcomers: The latest billionaires from or linked to the region to land on the list include:
- 🏠 Mitchell Morgan (net worth of $5.5 billion) is the founder and CEO of Conshohocken-based Morgan Properties, the third-largest owner of apartments in the U.S.
- 🏗️ Real magnate Bruce E. Toll ($1.9 billion), the co-founder of Fort Washington-based Toll Brothers.
- 🧮 Westphal sisters (each worth $1.1 billion), of the King of Prussia-based tax solutions company Vertex Inc.
🎤 Plus: Reading-native and global pop superstar Taylor Swift made the cut again this year, ranking 2,110th with a net worth of $1.6 billion.
- 🏀 Fanatics founder and CEO Michael Rubin ($10.6 billion) ranked 248th and Sixers part-owner David Adelman ($2.3 billion) landed at 1,573rd.
- 💻 While Comcast CEO Brian Roberts ranked 1,947th with a net worth of $1.8 billion.