The spat stems from a dispute over whether Mel Simon's sale of his half of the Indiana Pacers to his brother Herb months before Mel's death in 2009 was an arm's-length transaction.
Hotel and billboard magnate Dean White, who had been a fixture in the annual rankings by Forbes for years, fell from the list after his death in September at 93.
Three former presidents of the city’s Capital Improvement Board—Pat Early, Bob Grand and Ann Lathrop—are fighting an effort by attorneys for the IRS to depose them about what they learned about the Indiana Pacers' finances during discussions with the team.
Cook Group CEO Carl Cook remains the wealthiest Hoosier, with a fortune valued at $4.8 billion, a $1.7 billion drop from the prior year.
Cook Group Inc. CEO Carl Cook is the richest person in Indiana with a net worth of $6.5 billion, according to calculations released Monday by Forbes magazine.
Gayle Cook, 80, the widow of Cook Group Inc. founder Bill Cook, saw her net worth skyrocket in the last year.
Herb Simon serves on the advisory board of an investment fund that is raising $100 million to buy minor league baseball teams.
The donations from Jim Irsay and Herb Simon, combined with a $500,000 challenge grant from symphony board member Yvonne Shaheen, bring the orchestra nearly halfway toward its goal of raising $5 million by Feb. 3.
The widow of medical device pioneer Bill Cook ranks 104th with a net worth of $3.7 billion. Other Hoosiers to make the Forbes 400 list were shopping mall magnate and Indiana Pacers owner Herb Simon, hotel developer Dean White and Indianapolis Colts owner Jim Irsay.
A partnership of Herb Simon and Jeff Smulyan filed plans to buy up to an additional 1 million shares of Emmis Communications Corp. at no more than $2 apiece.
A defamation lawsuit filed by Indiana Pacers owner Herb Simon and his wife against a California attorney looks as though it will be thrown out after an appeal.
A lawsuit by a nanny and a chauffeur against Indiana Pacers owner Herb Simon and his wife has ended with a judge's written ruling confirming that the employees failed to prove their claims of mistreatment.
A household employee of Indiana Pacers owner Herb Simon and his wife said they were happy when they learned their nanny was pregnant, even though the nanny claims she was fired over the pregnancy.