IBJNews

Cook again tops list of richest Hoosiers

Back to TopCommentsE-mailPrintBookmark and Share

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.
 

ADVERTISEMENT

  • 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%.

    Post a comment to this story

    COMMENTS POLICY
    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
     
    You are legally responsible for what you post and your anonymity is not guaranteed.
     
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
     
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
     
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
     

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by
    ADVERTISEMENT

    facebook - twitter on Facebook & Twitter

    Follow on TwitterFollow IBJ on Facebook:
    Follow on TwitterFollow IBJ's Tweets on these topics:
     
    Subscribe to IBJ
    1. I had read earlier this spring that Noodles & Co was going to open in the Fishers Marketplace (which is SR 37 and 131st St, not 141st St, just FYI). Any word on that? Also, do you happen to know what is being built in Carmel at Pennsylvania and Old Meridian? May just be an office building but I'm not sure.

    2. I'm sorry, but you are flat out wrong. There are few tracks in the world with the history of IMS and probably NO OTHER as widely known and recognized. I don't care what you think about the stat of Indy Car racing, these are pretty hard things to dispute.

    3. Also wondering if there is an update on the Brockway Pub-Danny Boy restaurant/taproom that was planned for the village as well?

    4. Why does the majority get to trample on the rights of the minority? You do realize that banning gay marriage does not rid the world of gay people, right? They are still going to be around and they are still going to continue to exist. The best way to get it all out of the spotlight? LEGALIZE IT! If gay marriage is legal, they will get to stop trying to push for it and you will get to stop seeing it all over the news. Why do Christians get to decide what is moral?? Why do you get to push your religion on others? How would legalizing gay marriage expose their lifestyle to your children? By the way, their lifestyle is going to continue whether gay marriage is legalized or not. It's been legal in Canada for quite a while now and they seem to be doing just fine. What about actual rules handed down by God? What about not working on Sundays? What about obeying your parents? What about adultery? These are in the 10 Commandments, the most important of God's rules. Yet they are all perfectly legal. What about divorce? Only God is allowed to dissolve a marriage so why don't you work hard to get divorce banned? Why do you get to pick and choose the parts of the Bible you care about?

    5. Look at the bright side. With the new Lowe's call center, that means 1000 jobs at $10 bucks an hour. IMS has to be drooling over all that disposable income. If those employees can save all their extra money after bills, in five years they can go to the race LIVE. Can you say attendance boost?

    ADVERTISEMENT