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Gayle Cook tops list of richest Hoosiers

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

Gayle Cook of Bloomington ranks 96th with a net worth of $3.4 billion, according to the list released Wednesday. Her husband, founder of medical device giant Cook Group Inc., died April 15 at the age of 80.

Bill Cook finished No. 101 on last year's list with a net worth of $3.1 billion.

The next-wealthiest Indiana resident this year was again hotelier Dean White, 88, of Crown Point. He came in at No. 242 with $1.8 billion.

Simon Property Group co-founder and Indiana Pacers owner Herb Simon, 76, rose in the rankings from No. 330 last year to No. 273. His wealth increased from $1.25 billion to $1.6 billion.

Indianapolis Colts owner Jim Irsay, 52, also rose in the rankings from No. 330 to No. 312, though his net worth remained unchanged at $1.4 billion.

Microsoft founder Bill Gates kept the top spot with $59 billion. He was followed by Berkshire Hathaway's Warren Buffet ($39 billion), Oracle's Larry Ellison ($33 billion) and Charles Koch of Koch Industries ($22 billion).

Political activist George Soros, ranked No. 7, joined the top 10 for the first time and was one of several hedge fund managers on the list, the magazine said.

Forbes also said entrepreneurs comprised an all-time high of 70 percent of the list.

The combined wealth of America's 400 richest people is $1.5 trillion, the magazine said. The average net worth was $3.8 billion, up 12 percent from 2010.

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  1. Now if he'd just stay there...

  2. Daniel - what about the many US citizens who do NOT follow what the Bible teaches? The Hindus, Jews, Muslims and others who are all American citizens entitled to all rights as Americans?? This issue has NOTHING to do with "What the Bible says..." Keep all Churches separate from State! Pence's ongoing idiocy continues to make Indiana look like a backwards, homophobic state in the eyes of our nation. Can't we move on to bigger issues - like educating our kids?

  3. 1. IBJ should link to the referenced report. We are in the age of electronic media...not sharing information is lazy. Here is a link http://www.in.gov/gov/files/Blue_Ribbon_Panel_Report_July_9_2014.pdf 2. The article should provide more clarity about the make-up of this panel. The commenters are making this item out to be partisan, it does not appear the panel is partisan. Here is a list of the panel which appears to be balanced with different SME to add different perspectives http://www.in.gov/activecalendar/EventList.aspx?view=EventDetails&eventidn=138116?formation_id=189603 3. It suggests a by-pass, I do not see where this report suggests another "loop". 4. Henry, based on your kneejerk reaction, we would be better off if you moved to another state unless your post was meant as sarcasm in which case I say Well Done. 5. The article and report actually indicates need to improve rail and port infrastructure in direct contradiction to Shayla commentary. Specifically, recommendation is to consider passenger rail projects... 6. People have a voice with their elected officials. These are suggestions and do not represent "crony capitalism", etc. The report needs to be analyzed and the legislature can decide on priorities and spending. Don't like it, then vote in a new legislature but quit artificially creating issues where there are none! People need to sift through the politics and provide constructive criticism to the process rather than making uninformed comments in a public forum based on misinformation. IBJ should work harder to correct the record in these forums when blatant errors or misrepresentations are made.

  4. Joe ... Marriage is defined in the Bible ... it is mentioned in the Bible often. Marriage is not mentioned once in the US or Indiana Constitution ...

  5. Daniel - Educate me please: what does the Bible have to do with laws? If the government wasn't in the business of marriage to begin with, then it wouldn't have to "define" marriage at all. Marriage could be left as a personal, religious, or otherwise unregulated action, with no ties to taxes, legal status, etc. Then people could marry whomever they want, and all this silliness would go away. Remember to vote Libertarian in November.

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