Meet The 10 Richest People In Michigan

For the longest we have heard that money can't buy you happiness, well long-term happiness because it sure can make life easier and provide temporary happiness. Nonetheless, those that have the most money often have the most influence which they say comes with the most problems. Whether you have disposable income or are living paycheck to paycheck, we all have our own problems.

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No matter where you are in the world, wealth means the same thing but there are different levels of wealth. The amount of money needed to be wealthy changes based on someone's geographical location because of a number of factors. Taxes, cost of living, average income, and other elements create a blueprint to label wealth within set parameters. Michigan has its own scale of wealth and here are the ten people who land at the top of the list.

This may shock some of you reading this but there are billionaires, yes billionaires living within the Mitten state. They stretch across all kinds of professional endeavors including entertainment, business, sports, finance, real estate, and more. As always, most of them live or are from the East side of the state but there are a few from other regions of the Mitten that made a name for themselves.

Money Inc says they are inspired by the Forbes list that comes out every year letting us know who the wealthiest people in the entire world are, but they never do the dirty work to help us out locally. Money Inc decided to find the 10 wealthiest people in each state and below are the top 10 in Michigan:

10. Marian Ilitch - Net Worth: $3.7 billion:

Since her husband’s death, Ilitch has maintained full ownership of the pizza chain, as well as the Detroit Red Wings and MotorCity Casino Hotel.

9. Tom Gores - Net Worth: $4.1 billion:

The founding owner of the multi-billion-dollar private equity firm Platinum Equity, and as the sole owner of the National Basketball Association's Detroit Pistons.

8. Hank and Doug Meijer - Net Worth: $6.4 billion:

The company, which was founded by their father and grandfather in 1934, currently operates over 230 stores across the Midwest, with estimated sales of $17.4 billion. Currently based in Grand Rapids, Michigan, the brothers share a wealth of $6.4 million.

7. Dan Gilbert - Net Worth: $6.6 billion:

In one of the quickest (and most profitable) backtracks of all time, Gilbert sold the company for $532 million in 1999 to Intuit (who promptly renamed it Quicken Loans); 3 years later, he bought it back for just $64 million.

6. Eli Broad - Net Worth: $6.7 billion:

These days, Broad is as well known for his philanthropic endeavors as his business interests, but despite the large sums he’s plowed into education and medical research, he still sits on a very healthy fortune of $6.7 billion.

5. Ronda Stryker - Net Worth: $7.1 billion:

Portage, Michigan, resident Ronda Stryker can boast the title of 298th richest person in the world thanks to her $7.1 billion fortune. As the granddaughter of Homer Stryker, the founder of medical equipment manufacturer Stryker Corporation, Stryker inherited a chunk of the company after her parent’s death.

4. Stephen Ross - Net Worth: $7.7 billion:

fortune as the chairman and majority owner of The Related Companies. In addition, Ross owns 95% of both the Miami Dolphins and the Hard Rock Stadium.

3. Andrew Beal - Net Worth: $9.9 billion:

As the founder and sole owner of Beal Financial Corporation, Beal presides over a financial empire that has more than $7 billion in assets. The self-made billionaire currently claims a net worth of $9.9 billion, making him the 158th richest person in the world.

2. Steve Ballmer - Net Worth: $51.4 billion:

Steve was once working for Microsoft as it’s CEO before buying the Los Angeles Clippers in 2014.

1. Larry Page - Net Worth: $54.7 billion:

Larry is the Google co-founder and currently is the head of Google’s parent company, Alphabet, and ranks as the 10th richest man in the world.

What would you do if you had this kind of money?