Irsay joins ranks of nation’s wealthiest

Indianapolis Colts owner Jim Irsay has joined the ranks of the richest Americans, earning a spot on this year’s Forbes
400 list of the nation’s wealthiest people.

Irsay, 50, ranked 347th with an estimated net worth of about
$1.1 billion, according to the list released Wednesday.

Other Hoosiers on the list include Cook Group patriarch
Bill Cook, at No. 85 with $3.5 billion; White Lodging chief Dean White, No. 202 with $1.75 billion; and Simon Property Group
co-founder Herb Simon, No. 317 with $1.25 billion.

Forbes’ annual list showed the collection net worth of
the country’s super rich fell by $300 billion over the past year. Microsoft founder Bill Gates topped the list for the
16th straight year with $50 billion, despite taking a $7 billion hit due to investment losses.

More than 30 individuals
on last year’s list dropped off in 2009, making room for newcomers like Irsay.