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Cook again tops list of richest Hoosiers

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The widow of medical device industry pioneer Bill Cook again is the top Hoosier on the latest Forbes 400 list of the nation’s wealthiest people.

Gayle Cook of Bloomington ranks 104th with a net worth of $3.7 billion, according to the annual list released Wednesday. Though her net worth increased from $3.4 billion last year, Cook slipped out of the top 100, from her previous ranking of 96th. Bill Cook, who died in April 2011, founded Cook Group Inc. in Bloomington.

Simon Property Group co-founder and Indiana Pacers owner Herb Simon continues to rise in the rankings, from No. 330 in 2010, to No. 273 in 2011 and to No. 218 this year. His wealth increased from $1.25 billion to $2.2 billion during that span.

Hotelier Dean White of Crown Point was the next wealthiest Hoosier, ranked No. 271 with $1.8 billion.

Indianapolis Colts owner Jim Irsay climbed one spot in the rankings, to No. 311, with a net worth of $1.5 billion.

Microsoft Corp.’s co-founder Bill Gates remains the nation’s richest man by far, taking the top spot for the 19th consecutive year with a net worth of $66 billion.

Investor Warren Buffett, the head of Berkshire Hathaway Inc., again took second with $46 billion.

Forbes said the rich mostly got richer in 2012, with net worth rising for 241 members of its list and shrinking for only 66. Rising stock prices, a rebound in real estate values and an increase in rare art prices helped.
 

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  • Wow
    That 2% sales tax on medical devices really will be crippling.
  • Correction
    @JJ I think you meant 'socialize risk and privatize profits'. Couldn't agree more with your sentiment.
  • Why are you suprised?
    The redistrubution from the masses to the few rich continures, Simon, alone, has received over 440 million, according to your own paper in direct subsidies from the city and state. The city is a 25% payer for the JW, and everyone knows the numbers for Irsay. As always, socialize risk, and privatize risk. The lower 99% continues to pay for the 1%.

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    1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

    2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

    3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

    4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

    5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

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