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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowIndianapolis Colts owner Jim Irsay is moving up the ranks of the richest Americans a year after making his way onto the Forbes 400 list of the nation’s wealthiest people.
Irsay, 51, ranked 290th on the list with an estimated net worth of about $1.4 billion, according to the list released Wednesday. He made Forbes’ list for the first time last year, ranking 347th with a net worth of $1.1 billion.
Other Hoosiers dropped in the rankings. Cook Group founder Bill Cook of Bloomington landed at No. 101 with $3.1 billion, down from No. 85 last year after losing $400 million of his wealth; White Lodging leader Dean White of Crown Point was No. 221 with $1.8 billion, down from No. 202 despite a $50-million increase in net worth; and Indianapolis-based Simon Property Group co-founder Herb Simon, No. 330 with $1.25 billion, down from No. 317. His wealth was unchanged at $1.25 billion.
This year’s Forbes 400 reflects an "uptick" in wealth among the richest Americans, the magazine said. More than half saw their net worth increase, while just 85 members saw a decline. Forbes said 16 member were new to the list, and 18 returned after an absence.
Microsoft founder Bill Gates topped the list for the 17th straight year with $54 billion, improving on the $50 billion reported in 2009.
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