Colts and Herb Simon and Jim Irsay and Sports Business

Irsay joins ranks of nation's wealthiest

October 1, 2009

Indianapolis Colts owner Jim Irsay has joined the ranks of the richest Americans, earning a spot on this year’s Forbes 400 list of the nation’s wealthiest people.

Irsay, 50, ranked 347th with an estimated net worth of about $1.1 billion, according to the list released Wednesday.

Other Hoosiers on the list include Cook Group patriarch Bill Cook, at No. 85 with $3.5 billion; White Lodging chief Dean White, No. 202 with $1.75 billion; and Simon Property Group co-founder Herb Simon, No. 317 with $1.25 billion.

Forbes’ annual list showed the collection net worth of the country’s super rich fell by $300 billion over the past year. Microsoft founder Bill Gates topped the list for the 16th straight year with $50 billion, despite taking a $7 billion hit due to investment losses.

More than 30 individuals on last year’s list dropped off in 2009, making room for newcomers like Irsay.
 

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