arthur dantchik net worth

[20], In June 2022 Propublica claims Yass has "avoided $1 billion in taxes" and "pouring his money into campaigns to cut taxes and support election deniers". Arthur Dantchik - forbes.com Check Full Reputation Profile - Source of wealth: online retail, self made, #1. The West Texas wildcatter, whose Big Dog rig number 28 was the focus of season two of TruTVs Black Gold oil patch reality series in 2009, is the richest of the 20 newcomers to this years Forbes 400. The Sackler brothers Arthur, Mortimer, and Raymond founded Purdue Pharma in the 1950s. The ultimate nightmare for cybersecurity experts is someone using a quantum computer to factorize the large numbers that underlie our existing encryption systems, from banks and financial markets to secure databases. Woody JohnsonDonald Trumps ambassador to the U.K., heir to the Johnson & Johnson family fortune and co-owner of the NFLs New York Jetsjoins with an estimated net worth of $3.4 billion. In 2005, SIG launched SIG China, its venture capital operation in China. For a college economics class, Yass wrote a final paper titled, "An Econometric Analysis of Horse Racing," that he eventually published in Gambling Times magazine. Michael Rubin- Net worth: $11.3 billion (#156 wealthiest in the world) In 2006 Susquehanna founded its own venture capital firm focused on startups across the US, Israel and China. Richest Billionaires in Pennsylvania | Stacker By the 2000s. In a way, Susquehanna isnt straying very far from its core strength when it comes to venture capital - like options, startups provide a convex risk/reward opportunity with limited downside but truly massive upside. - Source of wealth: trading, investments, self made. [17], In November 2020, it was reported that Yass had donated $25.3 million, all to Republican candidates, and was one of the ten largest political donors in the US. - Residence: Erie To put this incredible ownership stake into perspective, Susquehanna owns about as much of TikTok as. 2022 Billionaires: Youngest . Susquehanna quickly found a chance to prove their trading prowess. As TikTok grew in Asia and was launched in the US in 2017, returns started to build. Was Jeff Yass hauled before Congress to talk about his firms part in todays chaotic markets? During a year where most professional traders were either licking their wounds or going bust, Susquehanna ended the year up $30 million, rivaling firms more than 100x their size. The 2022 Forbes 400: The 20 Richest People In America, 10 Under 40: The Youngest Billionaires On The 2022 Forbes 400, Mark Zuckerberg Is No Longer One Of The 10 Richest Americans, The 2022 Forbes 400 Self-Made Score: From Silver Spooners To Bootstrappers, The 2022 Forbes 400 List Of Richest Americans: Facts And Figures, Trump Rejoins The Forbes 400 A Year After Falling Off The List, 2022 Forbes 400 Methodology: How We Crunch The Numbers, less than half of the 44 who joined in 2021. the 18 new entrants who earned a spot in Covid-plagued 2020. eventually developed a massive AI-powered warehouse robotics system. [16], Yass and his wife, Janine Coslett, are public supporters of school choice, with Coslett writing a 2017 opinion piece for the Washington Examiner in support of then-incoming Secretary of Education Betsy DeVos's views at school choice. This site requires JavaScript to run correctly. FC Barcelona head coach Xavi Hernandez has spoken more on his team's 'sensational' defensive performance against Real Madrid in the Copa del Rey semi-final first leg ahead of his team's clash with Valencia in La Liga on Sunday. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. It really is quite impressive how a firm so successful & integral to the financial system stays so far out of the spotlight. View court, arrest, criminal/conviction No. At the time TikToks global future was uncertain as the US & China sparred over the apps ownership and data sharing agreements with the Chinese government. Questions flooded in as I read and re-read the article. Cohen and his immediate familys more than 70% stake makes up most of their wealth. Yass gave $21.7 million to Club For Growth Action and $8.6 million to Protect Freedom Political Action Committee. Arthur's reported annual income is about $250K+; with a net worth that tops Greater than $499,999. Net worth: $169.7 billion . In 1973 the CBOE launched the first US exchange-listed options contract, opening up a complex new trading frontier. The most well-known newcomers will be familiar to sports fans. Arthur Dantchik still works at Susquehanna as a Managing Director, serving on the board of ByteDance on Susquehannas behalf. Reviews help As a group, the net worth of super rich Americans was down $500 billion, or 11 percent, to $4 trillion, Forbes said. Thomas Tull- Net worth: $2.8 billion (#1,073 wealthiest in the world) It really is quite impressive how a firm so successful & integral to the financial system stays so far out of the spotlight. Momentum is growing behind a bill in Congress to ban Chinese social media app TikTok, the app that some term Chinas Trojan horse for controlling U.S. users data and hearts and minds. The group wouldnt just skip class to gamble - being mostly science & math majors, they took an obsessive, analytical approach to the game. No. As of 2022, the firm had grown to 14 offices worldwide. His cofounder, Sam Bankman-Fried, now 30, was the youngest new member of the list in 2021. Donald Trumps real net worth? I cover the world's richest people and how they made their billions. 69 with a net worth of $9.3 billion. Previously known as Project Skyfall, Ultra G has impressive power and features unique customisations that ensure the owners and their pets are treated like VIPs. 7: Sergey Brin, Google co-founder and board member, $83.1 billion. Was Jeff Yass hauled before Congress to talk about his firms part in todays chaotic markets? Mark Girgis, Marco Musa, Natasha Farkas, Dennis Crowley and Maria Zelechowska, and many others are family members and associates of Arthur. 3: Bill Gates, Microsoft founder and Bill and Melinda Gates Foundation co-founder, $103 billion. Arthur Dantchik Net Worth Arthur Dantchik Net Worth 2023, Age, Height, Relationships, Married, Dating, Family, Wiki Biography. Alan Miller & family- Net worth: $1.4 billion (#1,978 wealthiest in the world) - Source of wealth: money management, self made, #14. While not a fixture of Congressional hearings or the spotlight of the news media, Susquehanna is one of the largest and most successful Wall Street trading firms in operation with a massive impact on todays market infrastructure. View Arthur Dantchik's record in Gladwyne, PA including current phone number, address, relatives, background check report, and property record with Whitepages. Campbell's headquarters in Camden, New Jersey. According to estimates of the Wall Street Journal in 2019, Susquehanna is worth $80 billion. Their expertise in index options, a new & at the time controversial product thought to be a cause of the crash, helped them thrive. With an estimated net worth of $10 billion, Autry Stephens joins the list thanks to his Midland, Texas-based Endeavor Energy Resources, the largest privately-owned oil producer in the U.S. (excluding Alaska). [6] As of 2018, he still works for SIG, as a senior executive and advisor.[6]. 9: Michael Bloomberg, Bloomberg LP CEO, $76.8 billion. Shapiro, Aging PA Population Will Need $17 Billion Through 2035 For Retirement, Snow, Ice, Possible Flooding With PA Storm: See Latest, Boeing Worker Claims $754.6M Powerball Jackpot, Barrier-Breaking Black Army Officer Finally Awarded Medal Of Honor, FL Blogging Bill Says Political Writers Should Register With State, The Poop On Free-Range Cats And Your Lawn And Garden [Block Talk], 7 Good News Stories: Sense Of Belonging; Secrets To 70-Year Marriage, Man Walking Across America Makes Stops In The Keystone State, 'Open Primary' Legislation Supported By Bipartisan PA Lawmakers, Josh Shapiro Speaks Out After U.S. Supreme Court Overturns Roe v. Wade, How U.S. Supreme Court Ruling May Impact PA Gun Policy, 10 Of The Best Summer Activities in Pennsylvania: Photos, Jeff Yass (23rd nationwide), Susquehanna group owner, TikTok investor, $30 billion, Michael Rubin (62nd), Fanatics CEO and former owner of Philadelphia 76ers and New Jersey Devils, $10.2 billion, Victoria Mars (69th), candy and pet food, $9.3 billion, Arthur Dantchik (104th), trading, $7.5 billion, Jeffrey Lurie (241st), Philadelphia eagles owner), $4.4 billion, Thomas Hagen (271st), insurance, $4 billion, Mary Alice Dorrance Malone (285th), $3.9 billion, John Middleton (327th), tobacco and owner of Philadelphia Phillies, $3.4 billion, Thomas Tull (369th), movies and investments, $2.9 billion. According to Pew Research Center data, people in the U.S. became somewhat more critical of billionaires between 2020 and 2021. Forbes said Zuckerberg has lost more than half of his fortune, $76.8 billion, since September 2021. For example, Stretching Spreads (@FadingRallies) published an. as well as image rights, data visualizations, forward planning tools, Left-handed batters, hurt by the increasingly popular practice of bunching defenders on one side of the field, are exacting their revenge by signing sweet post-shift contracts. - Source of wealth: Campbell Soup, #6. Arthur Dantchik - Net worth: $7.5 billion (#287 wealthiest in the world) - Residence: Gladwyne, Pennsylvania - Source of wealth: trading, investments, Self Made #3. Eldridge has investments in everything from Bruce Springsteens song rights to daily fantasy and sports-betting firm DraftKings. They are CEO and president, respectively. Amid a flurry of headlines, the WSJ took time to highlight an unlikely winner of TikToks recent exponential growth streak - Susquehanna, a low-key, under the radar trading firm based in Pennsylvania. Andrew Frost still helps manage Susquehanna's sprawling venture capital business in Asia. If you like this newsletter and want to follow the exchange industry with me, please hit the Subscribe button below & be sure to share with friends & colleagues: published a fascinating piece about the popular social media platform TikTok that caught my attention. He liberated airlines and trucking and enabled the 1980s-1990s boom. Using the Black-Scholes formula allowed traders to buy or sell an option, create a replicating portfolio using a combination of stocks, interest rates & time, and arbitrage between the two for profit. 9 PA Billionaires Make Forbes 400 List Of Super Rich The business skyrocketed when it began selling OxyContin in 1995. . Since the early 2000s, Susquehannas unique expertise in options has given it an edge in an even larger & more integral part of the financial system: ETFs. She also spent $47,860 on a mailer and $2,857 on media billboards/outdoor advertising. Now that Ive introduced price as a new variable, your choice should change to #1 ($100,000 expected value for only $50,000 is way better than a $125,000 expected value for $130,000). Check Full Reputation Profile In 2001, he joined the executive advisory council of the Cato Institute. You may opt-out by, Photos by (from left): Desiree Navarro/WireImage, Kyle Grillot/Bloomberg. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. The three men determined to see Williams become the next mayor are Jeff Yass, Arthur Dantchik and Joel Greenberg. Currently, Arthur is single. Victoria Mars - Net worth: $9.7 billion (#185 wealthiest in the world) - Residence: Philadelphia, Pennsylvania $2.5 billion, according to our most recent tally. Eric Brooks went on to win the 2008 World Series of Poker in Seven Card Stud, and runs a non-profit focused on decision making education among children. About Arthur Dantchik Dantchik is a cofounder of Susquehanna International Group, one of Wall Street's largest and most successful trading firms. Markets were still figuring out how to properly value & trade these instruments, and even the industrys top firms hadnt mastered them quite yet. - Source of wealth: movies, investments, self made, #8. - Source of wealth: beer, #17. Find contact's direct phone number, email address, work history, and more. Six classmates - Jeffrey Yass, Steve Bloom, Eric Brooks, Arthur Dantchik, Andrew Frost and Joel Greenberg - became friends through their shared skill & interest in poker and horse racing. Facebook founder and Meta Platforms co-founder Mark Zuckerberg was knocked out of the top 10, coming in at No. Stacker believes in making the worlds data more accessible through A $5 million investment in ByteDances founding year bought 15% of the company and a board seat. Or a barrage of stories about how Citadel Securities pays Robinhood hundreds of millions for retail order flow, getting Griffin hauled before Congress amid the GameStop blowup. - Source of wealth: candy, pet food, #2. Exchanges put out a new wave of volume reports this week as March and Q1 came to a close. Dantchik is on the board of the libertarian Cato Institute. Looking to keep costs low, he began tinkering with automation in his warehouses. $2500 Tax Credit For Teachers, Cops, Nurses Proposed By Gov. While thats less than half of the 44 who joined in 2021, its an increase from the 18 new entrants who earned a spot in Covid-plagued 2020. Susquehanna specializes in trading ETFs that are difficult to price, like illiquid fixed income or international products, particularly in Europe. For example, Stretching Spreads (@FadingRallies) published an interesting set of charts showing how fragile underlying market liquidity has become since Volmageddon in 2018 and the COVID crash of 2020. For those of you reading this newsletter who are not on Twitter, youre truly missing out on some incredibly detailed finance & market structure content shared willingly for free by others. The firms metrics speak for themselves: With two major money making operations now stood up in options & ETFs, Susquehanna followed other upper echelon trading firms and began diversifying its investments. A managing director, Dantchik helps recruit and train traders using poker tournaments; Susquehanna's traders have won 3 World Series of Poker bracelets. Boehlys old boss at Guggenheim Partners and fellow Forbes 400 member, Mark Walter, with whom he partly owns the Los Angeles Lakers and Dodgers, also backed his bid. His partner and company co-founder, Arthur Dantchik has a net worth of $7.5 billion which earns him the spot No. - Residence: Sewickley That 15% investment is now valued at over $30 billion, rivaling the value of Susquehanna itself. (He also owns stakes in the Los Angeles Lakers and Dodgers. Biography of Arthur Dantchik - The Official Board Who's Searching for You, Relatives, Associates, Neighbors & Classmates, Lawsuits, Liens or Bankruptcies found on Arthur's Yass is considered the richest man in the State of Pennsylvania. Israel Englander, a successful hedge fund manager & NYU alumnus, sponsored Yass for a seat on the Philadelphia Stock Exchange after seeing his early success as a grad student. Questions flooded in as I read and re-read the article. The Bahamas resident is worth an estimated $4.6 billion. - Residence: Audubon - Residence: Lower Merion That one donation made up 70% of the PACs annual fundraising. Talk about an attractive risk reward opportunity for a $5 million lottery ticket. In July, it agreed to acquire the Hollywood Foreign Press Association, which hosts the Golden Globes; Boehly is its interim CEO. Stephens, 84, isnt the eldest newcomer: that honor belongs to Eleanor Butt Crook, the 90-year-old heir to the fortune behind Texas supermarket chain H.E.B., who joins with an estimated $2.8 billion net worth. - Residence: Belle Vernon He unseated Amazon founder Jeff Bezos, who had topped the list for four years. - Source of wealth: insurance, #4. Fast forward some 100 years to 2021: As the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. No. view. [5][non-primary source needed], In 2006, SIG launched Susquehanna Growth Equity, which invests in software and information services, and offers growth stage funding to companies operating in the US and Israel. businesses, and does affect the Reputation Score. In its simplest form, both pursuits are about probability & risk management. [5] His father, Gerald Yass, also helped to found the company. Dick, an heir to the Schlitz beer fortune, and Elizabeth started Uline together in their basement in 1980. Players on a big scale. Victoria Mars - Net worth: $9.6 billion. Sundheim founded hedge fund D1 Capital Partners in 2018 after 15 years working under Norwegian billionaire Andreas Halvorsen at Viking Global Investors; he now manages a $22 billion blend of public and private investments. Americas 400 richest people are a combined $500 billion poorer this year. Virtu Financial CEO Doug Cifu was interviewed on the Odd Lots podcast recently talking about his firm, the market-making landscape & equity market structure as a whole. SPY+Top ETFs Bid-Ask Spread (the pink line) showing the cost of trading even the biggest ETFs is higher today than pre-2018, with big spikes seen when volatility picks up. Elizabeth and Richard Dick Uihlein have funneled more than $190 million into conservative politics since the 1990s, including more than $40 million to 2022 midterm races. - Residence: Bryn Mawr - Source of wealth: Dick's Sporting Goods, self made, #9. His foray into options proved so successful that Yass wouldnt end up finishing school. Maggie Hardy Knox- Net worth: $1.4 billion (#1,997 wealthiest in the world) While markets may be quieting down in recent weeks, all may not be as it seems beneath the surface. Arthur Dantchik | Inside Philanthropy His betting prowess & entrepreneurial spirit has taken him from poker games in his college dorm room to the flashy Vegas casino tables, to the crowded Philadelphia options pits and ultimately the top of Wall Streets food chain. [15] In 2018 he donated $3.8m to the Club for Growth, and $20.7m in 2020. Six classmates - Jeffrey Yass, Steve Bloom, Eric Brooks, Arthur Dantchik, Andrew Frost and Joel Greenberg - became friends through their shared skill & interest in poker and horse racing. His real-time net worth Thursday was $51.2 billion, down from $57.7 billion when the list was released. 3 Emerging Trends In Silicon Valley's Unicorn Market, Heesens Most Powerful Superyacht Yet Is Also Dog Friendly, Amazons Fictional Nazi Hunters Conclude Their Pursuit, Ambidextrous CEOs Look To The Future With Optimism, $100 Billion Per MonthLegendary Trader Makes Surprise Crypto U-Turn After Huge Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Price Swings, FC Barcelona Reportedly Interested In Signing Brazil U20 Star Arthur From America-MG, What Every Career Owner Needs To Know About Noncompete Agreements, TikTok And Twitter: A Study In Double Standards, The Forbes 400 2022: 10 Richest Newcomers, Liverpool Turn To Struggling Juventus Midfielder Arthur Melo To Boost Squad Depth, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Mary Alice Dorrance Malone- Net worth: $4.1 billion (#679 wealthiest in the world) Jeffrey Lurie & family- Net worth: $4.4 billion (#621 wealthiest in the world) Stacker distribution partners receive a license to all Stacker stories, #3 - Arthur Dantchik. According to a report from the Philadelphia Business Journal in 2014, Malone was once considered the wealthiest person in Pennsylvania. Black-Scholes was an utter game changer that gave legitimacy to the options market and allowed sophisticated firms to build trading strategies that nearly guaranteed consistent profits. Susquehanna has invested in hundreds of private companies globally, including TikTok parent ByteDance, its most valuable holding based on Forbes reporting. Low order book depth means the market is less able to absorb large trades without moving prices significantly either up or down. Cifu did a good job breaking down the business in simple terms & sharing a bit about how the company was started & his future plans. Kerr leads in January fundraising, spending for DPI race - Residence: Pottsville . No. You can find this episode here. Andrew Frost still helps manage Susquehannas sprawling venture capital business in Asia. Wealthiest people in the United States by state, Port Authority of New York and New Jersey, "Bala CEO's $25 Million Contribution to Republican Candidates and Groups Makes Him One of America's Top Political Donors", "The U.S. billionaires secretly funding the right-wing effort to reshape Israel", "Beating the Odds Susquehanna International Jeff Yass", "Susquehanna International Group LLP Stands To Make Billions Off TikTok", "LIU Brooklyn Alum Gerald Yass Endows Scholarship for Accounting Majors", "MIT Sloan Sports Analytics Conference Speaker | Jeffrey Yass", "How Trader Jeff Yass Parlayed Poker And Horse Race Handicapping Into A $12 Billion Fortune", "Center for Monetary and Financial Alternatives", "Million-Dollar Donors in the 2016 Presidential Race", "Billionaires backed Republicans who sought to reverse US election results", "DeVos isn't opposed to public education, she opposes failing schools", "Jewish American tycoons are financing far-right policies in the US and Israel", "Meet the Billionaire and Rising GOP Mega-Donor Who's Gaming the Tax System", "Centrist Democratic PAC's Sole Funder Is a Republican Megadonor", "Margaret Coslett Obituary (2015) - Times Leader", "Port authority establishes world trade center memorial fund to aid victims and their families", "Protecting Children in a Time of Crisis - Annual Report 2008", "Revitalizing Newborn and Child Survival - Annual Report 2009", https://en.wikipedia.org/w/index.php?title=Jeff_Yass&oldid=1142116676, People from Haverford Township, Pennsylvania, Articles with dead external links from October 2010, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 February 2023, at 16:13. Talk about an attractive risk reward opportunity for a $5 million lottery ticket. Black-Scholes was an utter game changer that gave legitimacy to the options market and allowed sophisticated firms to build trading strategies that nearly guaranteed consistent profits. On this Wikipedia the language links are at the top of the page across from the article title. Despite the market downturn, the most represented industry among this years newcomers is finance and investments, with nine new entrants. I am also long Bitcoin & Ethereum. Owner: dantchik arthur Tax Year: 2018 Tax Amount: $37885 Total Market Value: $1,029,870 Sale Price: $869,700 +Edit Past Address 2546 Nw 63rd St, BOCA RATON, FL 33496-2029 View Address Year Built: 1992 Baths: 3.00 Pool/Spa: POOL Property Lot Size: 12149 SF Building Area: 3509 Owner: dantchik sandra & dantchik leslie During the 2020 election, it ran ads supporting Senate candidates such as David Perdue and Kelly Loeffler of Georgia, as well as House freshmen Madison Cawthorn and Lauren Boebert of Colorado, both of who voted against certifying the 2020 election results on the day of the Jan. 6 Capitol riot. It was around this time that Yass gave serious thought to the idea that the groups success could expand beyond the poker table. Ranking in at Number 284, Malone is the largest shareholder and heiress of Campbell Soup Co. based in Camden, New Jersey. At the same time, Chinas other social media Trojan Horse, WeChat, isn't getting the same attention. Other wealthy sectors include food and drink, fashion and retail, and media and entertainment. [9], In 2013, SIG acquired market maker G1 Execution Services, LLC from E-Trade.[10]. His betting prowess & entrepreneurial spirit has taken him from poker games in his college dorm room to the flashy Vegas casino tables, to the crowded Philadelphia options pits and ultimately the top of Wall Streets food chain. Those range from real estateRobert Faith, the founder of Greystar, the largest property manager and multifamily developer in the U.S.to technology, like Leo Koguan, a self-professed Elon Musk fanboy who chairs IT provider SHI International. Making the No. He is the co-founder and managing director of the Philadelphia-based Susquehanna International Group (SIG) and an early investor in TikTok. 2023 Forbes Media LLC. FC Barcelona president Joan Laporta and Real Madrid counterpart Florentino Perez took advantage of their teams' Copa del Rey semi-final first leg meeting on Thursday to meet and discuss a strategy for the launch the European Super League (ESL), according to reports. An influential political figure, he is one of the 10 largest political donors in the United States. 64. - Residence: Haverford [26], In December 2001, following the aftermath of the September 11 attacks, he announced a donation to the charitable fund established by the Port Authority of New York and New Jersey to assist the victims. Susquehanna International Group, LLP (SIG) is a privately held trading and technology firm. Bezos real-time net worth is $141.4 billion, down from $151 billion when the list was compiled. [7] He earned a BA in mathematics and economics from Binghamton University. If your organization is interested in becoming a Stacker [27] He has supported Save the Children,[28][29][30] ''Spirit of Golf Foundation'',[31] People's Emergency Center Families First building,[32] and the Franklin Institute's Franklin Family Funfest Committee.[33]. Their firm has been around since the '80s and now has 1,500 employees in seven offices around the country, as well as one in Dublin and four in Asia. In 2007, he invested in a robotics automation firm that eventually developed a massive AI-powered warehouse robotics system. Net worth: $7.5 billion. 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Arthur Dantchik is the founder of Susquehanna International Group which is a comodities trading company. Jeffrey S. Yass (born 1956) is an American options trader and billionaire. Arthur Dantchik is 65 years old and was born on 11/25/1957. Alfred West Jr- Net worth: $1.4 billion (#2,000 wealthiest in the world) 108 last year, but beat him this year at No. [22], As of 2023, he was the richest man in Pennsylvania, according to The Intercept. Everyone knows who Citadel Securities is - and I mean, Its hard to miss a headline about CEO Ken Griffin buying not one, but several of, . The below chart tracks three main metrics: Thank you for reading this issue of Front Month. focused on startups across the US, Israel and China. Menu Log In Sign Up The 28 Richest Billionaire Families in America, Ranked - Business Insider - Residence: Gladwyne below. Along with seven other billionaires, Coatesville resident Mary Alice Dorrance Malone is one of the wealthiest in the Philadelphia area who made the Forbes 400 ranking of the richest Americans, writes Ryan Mulligan for the Philadelphia Business Journal. Only a few months after launching their firm, Black Monday hit in the US sending stocks down -20% in a single day. An ETF is quite literally a basket of securities that track a benchmark - the price of an ETF should directly match the price of its underlying basket. Arthur Dantchik, 65 - Highland Beach, FL - Has Court or Arrest - MyLife After an investigation into his holdings, Forbes added him to the Worlds Billionaires list last week with an estimated net worth of $12 billion, a fortune thats allowed him to shovel gobs of money into politics. No. $2.5 billion, according to our most recent tally.

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