Colts and Entrepreneurship and Pacers and Cook Group Inc. and Simon Property Group and Banking & Finance and Executives and Herb Simon and Health Care & Life Sciences and Jim Irsay and Bill Cook and Philanthropy and Real Estate & Retail and Sports Business

Irsay, Simon tie on magazine's world's-richest list

March 10, 2011

In a feat not possible for their teams, Indiana Pacers owner Herb Simon and Indianapolis Colts owner Jim Irsay tied for 879th place on Forbes magazine’s annual list of the richest people in the world.

Both Irsay and Simon—also co-founder of Simon Property Group—were among the four Hoosier entrepreneurs who also made the list last year.

Forbes estimated each man’s net worth at $1.4 billion, unchanged for 52-year-old Irsay and an improvement for Simon, 76, whose holdings were pegged at $1.1 billion last year.

Cook Group Inc. founder Bill Cook, who made his fortune selling medical devices, slipped nearly 100 places in the rankings, ending up 362nd with a net worth of $3.1 billion, down from $4.5 billion. Cook, 79, and his wife Gayle are noted philanthropists who live in Bloomington.

Dean White, the 87-year-old founder of Merrillville-based White Lodging, was listed 692nd with a net worth of $1.8 billion.

Mexican tycoon Carlo Slim Helu ($74 billion) topped the billionaires list for the second time in a row, followed by Microsoft chief Bill Gates ($56 billion) and investing guru Warren Buffett ($50 billion).

All told, 1,210 billionaires made the list with a total net worth of $4.5 trillion—both records for Forbes.

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