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

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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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  • Bob
    Irsay has a good thing going~~he is a billionaire and we keep building his stadiums!
  • Bob
    Really? Our national debt and financial crisis could be eliminated if we elected people who didn't spend our money and then raise our taxes, or try,to pay off what they spend. Term limits, and a MODEST retirement. They retire at their regular pay or close to that amount. There is lots more, but that is a start.
  • A drop in the bucket?!?!
    95% of the wealth of this country is held by 5% of the population. What is enough? I'd say when people chose between heat and food while one man choses which vacation home to fly his personal jet to is enough. I am talking about people, you seem to be talking about personal assets. In my mind, people are most important, but I'm a wacko extremist!
  • Who says what's enough?
    Careful there Joe. You sound a bit like ol' Hugh Chavez. All their combined wealth is a drop in the bucket. Less envy, more ambition.
  • Really?
    Are we supposed to be glad that billionaires are still billionaires? The higher they make it on the list, the worse off the state will be. At what point is enough enough. Why do we consider it appropriate for all the nation's wealth to be concentrated among so few. Our national debt and financial crisis could be eliminated if the wealthy shared the same burdon as us low lifes, yet we chose to cut vital programs and lower a majority of the populations quality of life. God bless the American dream or be damned right?
    • Tax dollars at work
      If you deduct that part of their income which is extorted from tax payers and give away to by the GOP, I doubt they would have made it. But be assured, these guys will never thank Hoosiers for giving them such huge profits for doing little if anything to earn it.
    • huh?
      "In a feat not possible for their teams"??? What kind of drivel is that??? Ridiculous. Grow up.
    • en·tre·pre·neur. noun
      Irsay entrepreneur? More like beneficiary.
    • en·tre·pre·neur. noun
      Irsay entrepreneur? More like beneficiary.
      • Congrats!
        Congratulations to all Hoosiers who made this list! We should be proud of all our businesspeople, but the Simons and Cooks made their fortunes from Indiana, and for that we, and the thousands of people they employ, should be very grateful. Thanks for staying in Indiana!

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