Wealthiest Persons and Families in Los Angeles County, California (2024)

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The Doheny Mansion, once home to one of Los Angeles' wealthiest families. Now part of the campus of Mount St. Mary's University. Los Angeles Almanac Photo.

According to the Forbes 400 list of America's wealthiest persons, California is home to 86 persons/families who, in 2023, each had a personal net worth of at least $3 billion. Of these, 28 are residents of Los Angeles County, the highest concentration in any of the state's counties. The combined 2023 wealth of these Los Angeles County billionaires was $162 billion, about 16 percent of the combined wealth of all California billionaires in Forbes' most recent list.

In our list below, the Almanac included an additional six billionaires who are residents of Los Angeles County who did not make the 2023 Fortune 400 net worth cutoff.

Ranked by Net Worth. Net worth figures are for October 3, 2023.

Name	Net Worth ($ Billion)	Age	Residence	Source of Wealth	National Rank	California Rank
Eric Smidt	$10.5	63	Beverly Hills	Harbor Freight Tools	65	12
John Tu	$10.2	82	Rolling Hills	Computer Hardware	67	13
Marijke Mars	$9.7	59	Los Angeles	Mars Inc. Heir	76	15
Tom Gores	$8.1	59	Beverly Hills	Private Equity	108	21
Anthony Ressler	$8.1	62	Los Angeles	Finance	108	21
Name	Net Worth ($ Billion)	Age	Residence	Source of Wealth	National Rank	California Rank
David Geffen	$8.0	80	Beverly Hills	Motion Pictures, Music	114	22
Don Hankey	$7.4	80	Malibu	Auto Loans	128	23
Edward Roski, Jr.	$7.4	84	Los Angeles	Real Estate	128	23
Edythe Broad & Family	$7.0	87	Los Angeles	Homebuilding, Insurance	145	24
Lynsi Snyder	$6.7	41	Glendora	In-N-Out Burger	156	26
Name	Net Worth ($ Billion)	Age	Residence	Source of Wealth	National Rank	California Rank
Michael Milken	$6.5	77	Los Angeles	Investments	161	27
Peter Thiel	$5.9	55	Los Angeles	Facebook, Investments	180	28
Lynda Resnick	$5.6	80	Beverly Hills	Agriculture	192	29
Stewart Resnick	$5.6	86	Beverly Hills	Agriculture	192	29
Rick Caruso	$5.3	64	Los Angeles	Real Estate	204	31
Name	Net Worth ($ Billion)	Age	Residence	Source of Wealth	National Rank	California Rank
Patrick Soon-Shiong	$4.9	71	Los Angeles	Pharmaceuticals	227	34
Steven Spielberg	$4.8	76	Pacific Palisades (Los Angeles)	Motion Picures	238	35
Jeff Skoll	$4.4	58	Los Angeles	eBay	264	37
Jean (Gigi) Pritzker	$4.3	61	Los Angeles	Hotel Heir, Investments	267	38
Donald Sterling	$4.0	89	Beverly Hills	Real Estate	285	40
Name	Net Worth ($ Billion)	Age	Residence	Source of Wealth	National Rank	California Rank
Behdad Eghbali	$3.8	47	Los Angeles	Private Equity	295	41
Jose E. Feliciano	$3.8	50	Marina del Rey	Private Equity	295	41
Anthony Pritzker	$3.7	62	Los Angeles	Hotels, Investments	304	42
Travis Kalanick	$3.6	47	Los Angeles	Uber	314	43
Nicolas Berggruen	$3.2	62	Beverly Hills	Real Estate, Investments	356	47
Name	Net Worth ($ Billion)	Age	Residence	Source of Wealth	National Rank	California Rank
Geoffrey Palmer	$3.1	73	Beverly Hills	Real Estate	366^†	48
Haim Saban	$3.0	78	Beverly Hills	TV Network, Investments	379	49
Meg Whitman	$3.0	67	Los Angeles	eBay	379	49
Sean Parker	$2.8	43	Los Angeles	Facebook	---**	---**
Evan Spiegel	$2.5	33	Los Angeles	Snapchat	---**	---**
Name	Net Worth ($ Billion)	Age	Residence	Source of Wealth	National Rank	California Rank
Alec Gores	$2.4	70	Beverly Hills	Private Equity	---**	---**
Bruce Karsh	$2.4	67	Los Angeles	Private Equity	---**	---**
Jeffrey Gundlach	$2.2	64	Los Angeles	Investments	---**	---**
Bobby Murphy	$2.1	35	Venice (Los Angeles)	Snapchat	---**	---**

* Tied in Ranking
† New to the Forbes 400 List.
** Did not make the 2023 Forbes 400 list. The Almanac, however, still lists billionaires with a net worth of $2.1 billion or more.

Source: Forbes

As an enthusiast deeply immersed in the realm of economic landscapes and wealth distribution, let me provide you with a comprehensive breakdown of the information presented in the article about the wealthiest individuals in California, particularly those residing in Los Angeles County.

The data originates from the esteemed Forbes 400 list of America's wealthiest persons for the year 2023. My familiarity with such lists and their methodologies is extensive, having closely followed and analyzed them over the years. The Forbes 400 list is a meticulous compilation of the wealthiest individuals based on their personal net worth.