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Forbes Lists 400 Richest Americans : Sam Walton of Wal-Mart Stores Is No. 1 With $6.7 Billion

October 11, 1988|Associated Press

Duplicated numbers represent ties; boldfaced entries are used to designate Californians. 1) Sam Moore Walton, $6,700, Bentonville, Ark., Wal-Mart Stores, 70. 2) John Werner Kluge, $3,200, Charlottesville, Va., Metromedia, 75. 3) Henry Ross Perot, $3,000 Dallas, Electronic Data Systems, 58. 4) Donald Edward Newhouse, $2,600, New York, publishing, 59. 4) Samuel Irving Newhouse Jr., $2,600, New York, publishing, 60. 6) Henry Lea Hillman, $2,500, Pittsburgh, industrialist, 69. 7) Lester Crown, $2,300, Wilmette, Ill., inheritance (investments), 63. 8) Anne Cox Chambers, $2,250, Atlanta, inheritance (Cox Enterprises), 68. 8) Barbara Cox Anthony, $2,250, Honolulu, inheritance (Cox Enterprises), 65. 10) Warren Edward Buffett, $2,200, Omaha, Neb., stock market, 58. 10) Jay Arthur Pritzker, $2,200, Chicago, financier, 66. 10) Robert Alan Pritzker, $2,200, Chicago, financier, 62. 13) David Packard, $2,000, Los Altos Hills, Hewlett-Packard, 76. 14) Donald Leroy Bren, $1,850, Newport Beach, real estate, 56. 14) Adolph Alfred Taubman, $1,850, Bloomfield Hills, Mich., real estate, 64. 16) Harry Brakmann Helmsley, $1,700, New York, real estate, 78. 17) Ted Arison, $1,600, Miami Beach, Fla., cruise ships, 64. 17) Robert Muse Bass, $1,600, Ft. Worth, oil, 40. 17) Marvin Harold Davis, $1,600, Beverly Hills, oil, 63. 20) Samuel Jayson LeFrak, $1,500, New York, real estate, 70. 21) Edward John DeBartolo, $1,400, Youngstown, Ohio, shopping centers, 70. 21) Sumner Murray Redstone, $1,400, Newton Centre, Mass., Viacom, 65. 23) Edgar Miles Bronfman, $1,300, New York, Seagram, 59. 23) Charles F. Feeney, $1,300, London, England, duty-free shops, 57. 23) Ray Lee Hunt, $1,300, Dallas, inheritance (oil), 45. 23) Forrest Edward Mars Sr., $1,300, Las Vegas, candy, 84. 23) Forrest Edward Mars Jr., $1,300, McLean, Va., candy, 57. 23) John Franklyn Mars, $1,300, Arlington, Va., candy, 54. 23) Charles A. Sammons, $1,300, Dallas, cable TV, 90. 23) Leonard Norman Stern, $1,300, New York, pet supplies, 50. 23) Jacqueline Mars Vogel, $1,300, Bedminster, N.J., candy, 49. 32) Walter Hubert Annenberg, $1,200, Wynnewood, Pa., publishing, 80. 32) John Thompson Dorrance Jr., $1,200, Gladwyne, Pa., inheritance (Campbell Soup), 69. 32) Margaret Hunt Hill, $1,200, Dallas, inheritance (oil), 73. 32) Keith Rupert Murdoch, $1,200, New York, publishing, 57. 36) Philip Frederick Anschutz, $1,100, Denver, oil, 48. 36) August Anheuser Busch Jr., $1,100, St. Louis, Anheuser-Busch, 89. 36) William Henry Gates III, $1,100, Seattle, Microsoft, 32. 36) Edward Lewis Gaylord, $1,100, Oklahoma City, broadcasting, 69. 36) Charles de Ganahl Koch, $1,100, Wichita, Kan., inheritance (oil services), 52. 36) David Hamilton Koch, $1,100, New York, inheritance (oil services), 48. 36) David Rockefeller, $1,100, New York, inheritance (oil), 73. 36) Harold Clark Simmons, $1,100, Dallas, investments, 57. 44) Lee Marshall Bass, $1,000, Ft. Worth, oil, 32. 44) Sid Richardson Bass, $1,000, Ft. Worth, oil, 45. 44) William Redington Hewlett, $1,000, Portola Valley, Hewlett-Packard, 75. 44) Ronald Owen Perelman, $1,000, New York, leveraged buyouts, 45. 44) Donald Worthington Reynolds, $1,000, Las Vegas, publishing, 82. 44) Donald John Trump, $1,000, New York, real estate, 42. 44) Leslie Herbert Wexner, $1,000, Columbus, Ohio, The Limited, 51. 44) William Bernard Ziff Jr., $1,000, Manalapan, Fla., publishing, 57. 52) Jack Kent Cooke, $950, Middleburg, Va., real estate, 75. 52) Kirk Kerkorian, $950, Los Angeles, investments, 71. 52) Carl Henry Lindner II, $950, Cincinnati, insurance, 69. 55) Carl Celian Icahn, $940, Westchester, N.Y., financier, 52. 56) Caroline Rose Hunt, $900, Dallas, inheritance (oil), 65. 56) David Howard Murdock, $900, Bel Air, real estate, 65. 56) Laurance Spelman Rockefeller, $900, New York, inheritance (oil), 78. 59) Laurence Allan Tisch, $850, New York, Loews, 65. 59) Preston Robert Tisch, $850, New York, Loews, 62. 59) Harry Weinberg, $850, Honolulu, real estate, 80. 62) Doris Duke, $800, Somerville, N.J., inheritance (investments), 75. 62) Michael Robert Milken, $800, Encino, financier, 42. 62) Winthrop Paul Rockefeller, $800, Winrock Farm, Ark., inheritance (oil), 40. 65) Fred Trammell Crow, $775, Dallas, real estate, 74. 66) Edward Perry Bass, $750, Ft. Worth, oil, 43. 66) Helen Kinney Copley, $750, La Jolla, publishing, 65. 66) Michel Fribourg, $750, New York, grain trader, 75. 66) Pincus Green, $750, Zug, Switzerland, commodities trader, 54. 66) Randolph Apperson Hearst, $750, Hillsborough, inheritance (media), 72. 66) William Randolph Hearst Jr., $750, New York, inheritance (Hearst), 80. 66) Paul Mellon, $750, Upperville, Va., inheritance (Mellon family), 81. 66) Milton Jack Petrie, $750, New York, Petrie Stores, 86. 66) Marc Rich, $750, Zug, Switzerland, commodities trader, 54. 66) Norton Winfred Simon, $750, Los Angeles, industrialist, 81. 76) Joan Beverly Kroc, $745, La Jolla, inheritance (McDonald's), 60. 77) Ewing Marion Kauffman, $740, Mission Hills, Kan., Marion Laboratories, 72. 77) Orville Wayne Rollins, $740, Atlanta, entrepreneur, 76. 79) Samuel Curtis Johnson, $710, Racine, Wis., S.C. Johnson & Son, 60. 80) Jack Rudin, $700, New York, real estate, 64. 80) Lewis Rudin, $700, New York, real estate, 61. 82) Carl Ray Pohlad, $670, Minneapolis, MEI, 73. 83) Curtis Leroy Carlson, $650, Minneapolis, entrepreneur, 74. 83) Oveta Culp Hobby, $650, Houston, media, 83. 83) Louis Larrick Ward, $650, Kansas City, Mo., Russell Stover Candies, 68. 86) William Clay Ford, $630, Grosse Pointe Shores, Mich., inheritance (Ford Motor), 63. 86) Roger Milliken, $630, Spartanburg, S.C., textiles, 72. 88) Richard Alexander Manoogian, $625, Grosse Pointe Farms, Mich., Masco, 52. 89) Robert Henry Dedman, $600, Dallas, country clubs, 62. 89) Charles Henry Dyson, $600, New York, conglomerator, 79. 89) Thomas John Flatley, $600, Milton, Mass., real estate, 57. 89) Katharine Graham, $600, Washington, Washington Post, 71. 89) Jeremy Maurice Jacobs, $600, East Aurora, N.Y., sports concessions, 49. 89) William Ingraham Koch, $600, Boston, inheritance (oil services), 48. 89) Jerry J. Moore, $600, Houston, shopping centers, 60. 96) Joe Lewis Allbritton, $590, Houston, media, 63. 96) Jane Bancroft Cook, $590, Cohasset, Mass., inheritance (Dow Jones), 76. 96) Henry Earl Singleton, $590, Los Angeles, Teledyne, 71. 99) Donald Joyce Hall, $560, Mission Hills, Kan., Hallmark Cards, 60. 100) Frank Batten, $550, Virginia Beach, Va., publishing, 61. 101) Charles Francis Dolan, $550, Oyster Bay, N.Y., cable television, 62. 101) Daniel Keith Ludwig, $550, New York, shipping, 91. 101) Robert Lee Moody, $550, Galveston, Tex., American National Insurance, 53. 101) Luigino Francesco Paulucci, $550, Sanford, Fla., food processing, 70. 101) Melvin Simon, $550, Indianapolis, shopping centers, 61. 101) Alexander Gus Spanos, $550, Stockton, real estate, 65. 107) Paul Gardner Allen, $540, Bellevue, Wash., Microsoft, 35. 108) Robert Edward Turner III, $535, Roswell, Ga., Turner Broadcasting System, 49. 109) Robert Staples Howard, $530, Rancho Santa Fe, publishing, 63. 109) Edward Crosby Johnson III, $530, Boston, investment management, 58. 111) Richard Mellon Scaife, $525, Shadyside, Pa., inheritance (Mellon family), 56. 112) Harold Brown, $500, Boston, real estate, 63. 112) William Walter Caruth Jr., $500, Dallas, real estate, 76. 112) Wallace Henry Coulter, $500, Hialeah, Fla., blood equipment, 71. 112) William Morse Davidson, $500, Bloomfield Hills, Mich., Guardian Industries, 66. 112) Roy Edward Disney, $500, Los Angeles, Walt Disney Co., 58. 112) Daniel Mauck Galbreath, $500, Columbus, Ohio, real estate 60. 112) Charles Cassius Gates, $500, Denver, Gates Corp., 67. 112) John Murdoch Harbert III, $500, Birmingham, Ala., construction, 66. 112) Peter Stephen Kalikow, $500, New York, real estate, 45. 112) Howard Kaskel, $500, New York, real estate, 51. 112) Laszlo Nandor Tauber, $500, Potomac, Md., real estate, 73. 113) Malcolm Stevenson Forbes, no wealth estimate, Far Hills, N.J., publishing, 69. 124) John Thomas Lupton, $480, Chattanooga, Tenn., Coca-Cola bottling, 62. 124) Thomas Stephen Monaghan, $480, Ann Arbor, Mich., pizza, 51. 124) Oakleigh Blakeman Thorne, $480, Millbrook, N.Y., Commerce Clearing House, 56. 127) William Alvin Moncrief Jr., $475, Ft. Worth, oil, 68. 127) Roy Hampton Park, $475, Ithaca, N.Y., Park Communications, 78. 127) Sheldon Henry Solow, $475, New York, real estate, 52. 127) Frederick Woodruff Field, $470, Beverly Hills, inheritance (media), 36. 131) Norton Clapp, $465, Seattle, inheritance (Weyerhaeuser), 82. 131) Barbara Piasecka Johnson, $465, Princeton, N.J., inheritance (Johnson & Johnson), 51. 133) Morton K. Blaustein, $450, Baltimore, inheritance (oil), 61. 133) Seymour Cohn, $450, New York, real estate, 77. 133) Miles Carnes Collier, $450, Naples, Fla., inheritance (land), 41. 133) Fitz Eugene Dixon Jr., $450, Lafayette Hill, Pa., inheritance (investments), 65. 133) Gordon Peter Getty, $450, San Francisco, inheritance (oil), 54. 133) William Russell Kelly, $450, Troy, Mich., Kelly Services, 83. 133) Frederick Robinson Koch, $450, New York, inheritance (oil services), 54. 133) Estee Lauder, $450, New York, cosmetics, 80. 133) Leonard Alan Lauder, $450, New York, cosmetics, 55. 133) Ronald Steven Lauder, $450, New York, cosmetics, 44. 133) Ralph Lauren, $450, New York, apparel, 49. 133) M. Larry Lawrence, $450, San Diego, real estate, 62. 133) Cordelia Scaife May, $450, Ligonier, Pa., inheritance (Mellon family), 60. 133) Sigfried Weis, $450, Lewisburg, Pa., Weis Markets, 72. 147) John Orin Edson, $440, Seattle, manufacturing, 55. 147) Richard E. Jacobs, $440, Lakewood, Ohio, shopping centers, 63. 147) William S. Paley, $440, New York, CBS, 87. 147) Meshulam Riklis, $440, New York, financier, 64. 151) Bob John Magness, $435, Englewood, Colo., cable TV, 64. 152) Guilford Glazer, $430, Beverly Hills, real estate, 67. 152) Gerrish Hill Milliken, $430, Greenwich, Conn., textiles, 71. 152) Stanley Irving Stahl, $430, New York, real estate, 64. 155) Marshall Field V, $425, Lake Forest, Ill., inheritance (media, retailing), 47. 156) Joseph S. Gruss, $420, New York, oil, 85. 157) Neil Gary Bluhm, $400, Winnetka, Ill., real estate, 50. 157) Malcolm Austin Borg, $400, Englewood, N.J., publishing, 50. 157) Harvey Roberts Bright, $400, Dallas, oil, 68. 157) James Emmett Evans, $400, Dade City, Fla., citrus, 88. 157) Lawrence Fisher, $400, New York, real estate, 79. 157) Zachary Fisher, $400, New York, real estate, 78. 157) Lillian Goldman, $400, New York, real estate, 66. 157) Leon Hess, $400, New York, Amerada Hess, 74. 157) Philip Hampson Knight, $400, Hillsboro, Ore., Nike, 50. 157) Carl Clement Landegger, $400, New York, paper mills, 58. 157) George Francis Landegger, $400, New York, paper mills, 50. 157) Judd David Malkin, $400, Winnetka, Ill., real estate, 50. 157) Claude Bernard Pennington, $400, Baton Rouge, La., oil, 87. 157) Burton Paul Resnick, $400, Rye, N.Y., real estate, 51. 157) Walter Herbert Shorenstein, $400, San Francisco, real estate, 73. 157) John Richard Simplot, $400, Boise, Ida., potatoes, 79. 157) Vivian Leatherberry Smith, $400, Houston, inheritance (oil, real estate), 80. 157) Saul Phillip Steinberg, $400, New York, financier, 49. 157) William Wrigley, $400, Lake Geneva, Wis., Wrigley's, 55. 176) Stephen Davison Bechtel Sr., $390, Oakland, engineering, 88. 176) Stephen Davison Bechtel Jr., $390, San Francisco, engineering, 63. 176) Jack Eugene Brown, $390, Midland, Tex., oil, 63. 176) Roy Michael Huffington, $390, Houston, oil, 70. 176) Robert Harris Lurie, $390, Chicago, investments, 46. 176) Cyril Anthony Wagner Jr., $390, Midland, Tex., oil, 54. 176) Andrew Jerrold Perenchio, $390, Bel Air, television, 57. 176) Samuel Zell, $390, Chicago, real estate, 46. 184) Robert Alfred Lurie, $385, San Francisco, inheritance (real estate), 59. 184) Richard Alan Smith, $385, Chestnut Hill, Mass., General Cinema, 64. 186) Henry Earl Singleton, $380, Los Angeles, Teledyne, 71. 187) George Randolph Hearst Jr., $375, Los Angeles, inheritance (media), 61. 187) Millicent V. Baoudjakdji, $375, Los Angeles, inheritance (Hearst), 49. 187) Phoebe Hearst Cooke, $375, Woodside, inheritance (media), 61. 187) Mark Les Goodson, $375, New York, game shows, 73. 187) John Jeffry Louis Jr., $375, Winnetka, Ill., inheritance (Johnson Wax), 63. 187) August Christopher Meyer, $375, Champaign, Ill., broadcasting, 87. 187) Paul Milstein, $375, New York, real estate, 66. 187) Seymour Milstein, $375, New York, real estate, 68. 187) Allen Eugene Paulson, $375, Savannah, Ga., Gulfstream Aerospace, 66. 187) Larry Abraham Silverstein, $375, New York, real estate, 57. 197) Joseph Albert Albertson, $370, Boise, Ida., Albertson's, 82. 197) Shelby Cullom Davis, $370, Tarrytown, N.Y., investment banking, 79. 197) Fritz Otto Haas, $370, Ambler, Pa., Rohm & Haas, 72. 197) John Charles Haas, $370, Villanova, Pa., Rohm & Haas, 69. 197) David Whitmire Hearst Jr., $370, Los Angeles, inheritance (media), 44. 197) Patrick Joseph McGovern, $370, Nashua, N.H., publishing, 51. 197) Gordon Earle Moore, $370, Santa Clara County, Intel, 59. 204) An Wang, $365, Lincoln, Mass., Wang Laboratories, 68. 205) John William Berry Sr., $360, Dayton, Ohio, Yellow Pages, 66. 205) Maurice Raymond Greenberg, $360, New York, American International Group, 63. 205) Anne Burnett Marion, $360, Ft. Worth, inheritance (oil), 49. 205) James LeVoy Sorenson, $360, Salt Lake City, medical devices, 67. 209) Jean Bernhard Buttner, $350, Westport, Conn., inheritance (Value Line), 53. 209) James R. Cargill, $350, Minneapolis, inheritance (Cargill), 65. 209) Margaret Cargill, $350, La Jolla, inheritance (Cargill), 68. 209) Grover Connell, $350, Westfield, N.J., food, 70. 209) Gary Campbell Comer, $350, Chicago, Lands' End, 60. 209) William Alfred Cook, $350, Bloomington, Ind., catheters, 57. 209) Edwin Lochridge Cox Sr., $350, Dallas, oil, 66. 209) Jane B. Engelhard, $350, Far Hills, N.J., inheritance (precious metals), 70. 209) Ernest Gallo, $350, Modesto, wine, 79. 209) Julio Gallo, $350, Modesto, wine, 78. 209) Robert William Galvin, $350, Barrington Hills, Ill., Motorola, 66. 209) Joseph Alexander Hardy, $350, Pittsburgh, building supplies, 65. 209) William Barron Hilton, $350, Los Angeles, Hilton Hotels, 61. 209) Nan Tucker McEvoy, $350, San Francisco, inheritance (publishing), 68. 209) Frederik G. H. Meijer, $350, Grand Rapids, Mich., retailing, 69. 209) Jack Parker, $350, New York, real estate, 73. 209) Frank James Pasquerilla, $350, Johnstown, Pa., real estate, 62. 209) Franklin Parsons Perdue, $350, Salisbury, Md., chickens, 68. 209) Alfred Mack Pogue, $350, Dallas, real estate, 54. 209) Jackson Thomas Stephens, $350, Little Rock, Ark., investment banking, 66. 209) Wilton Robert Stephens, $350, Little Rock, Ark., investment banking, 80. 209) Lawrence Arthur Wien, $350, New York, real estate, 83. 231) Charles Allen Jr., $340, New York, stock market, 85. 231) Herbert Allen, $340, New York, stock market, 80. 231) Herbert Anthony Allen, $340, New York, stock market, 47. 231) David M. Durst, $340, Chappaqua, N.Y., real estate, 63. 231) Royal H. Durst, $340, Westchester, N.Y., real estate, 69. 231) Seymour B. Durst, $340, New York, real estate, 75. 231) William Arthur Fickling Jr., $340, Macon, Ga., Charter Medical, 56. 231) Max Martin Fisher, $340, Detroit, oil, 80. 231) Josephine Clay Ford, $340, Grosse Pointe, Mich., inheritance (Ford Motor), 65. 231) Bernard H. Mendik, $340, New York, real estate, 59. 231) Robert Einar Petersen, $340, Beverly Hills, publishing, 61. 231) Anthony Martin Pilaro, $340, Southhampton, N.Y., duty-free shops, 52. 243) Mary Jane Hoiles Hardie, $335, Marysville, newspapers, 66. 243) Harry Howard Hoiles, $335, Santa Ana, newspapers, 72. 245) Hugh Franklin Culverhouse, $330, Tampa, Fla., real estate, 69. 245) Lawrence J. Ellison, $330, Belmont, Oracle, 44. 245) Thomas Mellon Evans, $330, New York, investments, 78. 245) Henry John Heinz III, $330, Fox Chapel, Pa., H. J. Heinz, 49. 245) Stanley Stub Hubbard, $330, St. Mary's Point, Minn., broadcasting, 55. 245) Jerome Spiegel Kohlberg Jr., $330, Mount Kisco, N.Y., leveraged buyouts, 63. 245) Henry R. Kravis, $330, New York, leveraged buyouts, 44. 245) Bennett Stephen LeBow, $330, Saddle River, N.J., financier, 50. 245) Leonard Maximilian Marx, $330, Scarsdale, N.Y., real estate, 84. 245) George R. Roberts, $330, San Francisco, leveraged buyouts, 45.

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