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.
In the 2024 Forbes 400 list of America's wealthiest persons, are 84 persons/families who reside in California. Each had a personal net worth of at least $3.4 billion. Of these, 26 were residents of Los Angeles County, the highest concentration in any of the state's counties. The combined 2024 wealth of these Los Angeles County billionaires was $185 billion, about 14 percent of the combined wealth of all California billionaires in Forbes' most recent list.
In our list below, the Almanac included an additional nine billionaires who did not make the 2024 Fortune 400 net worth cutoff, but, were residents of Los Angeles County. These were still reported to have a net worth of at least $2 billion.
Ranked by Net Worth. Net worth figures are as of October 2024.
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
|---|---|---|---|---|---|---|
| Eric Smidt | $15.6 | 64 | Beverly Hills | Harbor Freight Tools | 50 | 10 |
| John Tu | $14.0 | 83 | Rolling Hills | Computer Hardware | 59 | 15 |
| Marijke Mars | $11.9 | 60 | Los Angeles | Mars Inc. Heir | 77 | 18 |
| Anthony Ressler | $10.9 | 63 | Los Angeles | Finance | 87 | 19 |
| Tom Gores | $9.4 | 60 | Beverly Hills | Private Equity | 110 | 23 |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| Peter Thiel | $9.2 | 56 | Los Angeles | Facebook, Investments | 116 | 24 |
| David Geffen | $8.5 | 81 | Beverly Hills | Motion Pictures, Music | 130 | 27 |
| Don Hankey | $7.8 | 81 | Malibu | Auto Loans | 150 | 31-tie |
| Edward Roski, Jr. | $7.8 | 85 | Los Angeles | Real Estate | 150 | 31-tie |
| Lynsi Snyder | $7.3 | 42 | Glendora | In-N-Out Burger | 164 | 32 |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| Edythe Broad & Family | $7.0 | 88 | Los Angeles | Homebuilding, Insurance | 169 | 34-tie |
| Michael Milken | $7.0 | 78 | Los Angeles | Investments | 169 | 34-tie |
| Lynda Resnick | $6.3 | 81 | Beverly Hills | Agriculture | 204 | 36-tie |
| Stewart Resnick | $6.3 | 87 | Beverly Hills | Agriculture | 204 | 36-tie |
| Patrick Soon-Shiong | $6.3 | 72 | Los Angeles | Pharmaceuticals | 204 | 36-tie |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| Rick Caruso | $5.8 | 65 | Los Angeles | Real Estate | 225 | 39 |
| Steven Spielberg | $5.3 | 77 | Pacific Palisades (Los Angeles) | Motion Picures | 247 | 42 |
| Jean (Gigi) Pritzker | $5.2 | 62 | Los Angeles | Hotel Heir, Investments | 250 | 43-tie |
| Jeff Skoll | $5.0 | 59 | Los Angeles | eBay | 266 | 45-ite |
| Behdad Eghbali | $4.4 | 48 | Los Angeles | Private Equity | 308 | 51-tie |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| José E. Feliciano | $4.4 | 51 | Marina del Rey | Private Equity | 308 | 51-tie |
| Donald Sterling | $4.3 | 90 | Beverly Hills | Real Estate | 319 | 52-tie |
| Anthony Pritzker | $4.1 | 63 | Los Angeles | Hotels, Investments | 329 | 54-tie |
| Travis Kalanick | $3.6 | 48 | Los Angeles | Uber | 374 | 57-tie |
| Walter Wang | $3.6 | 59 | Los Angeles | JM Eagle Inc | 374 | 57-tie |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| Meg Whitman | $3.6 | 68 | Los Angeles | eBay | 374 | 57-tie |
| Nicolas Berggruen | $3.2 | 63 | Beverly Hills | Real Estate, Investments | ---** | ---** |
| Haim Saban | $3.1 | 79 | Beverly Hills | TV Network, Investments | ---** | ---** |
| Sean Parker | $3.0 | 44 | Los Angeles | ---** | ---** | |
| Evan Spiegel | $3.0 | 34 | Los Angeles | Snapchat | ---** | ---** |
| Name | Net Worth ($ Billion) |
Age | Residence | Source of Wealth | National Rank | California Rank |
| Bobby Murphy | $2.5 | 36 | Venice (Los Angeles) | Snapchat | ---** | ---** |
| Bruce Karsh | $2.4 | 68 | Los Angeles | Private Equity | ---** | ---** |
| Alec Gores | $2.2 | 71 | Beverly Hills | Private Equity | ---** | ---** |
| Geoffrey Palmer | $2.0 | 74 | Beverly Hills | Real Estate | ---** | ---** |
* Tied in Ranking
† New to the Forbes 400 List.
** Did not make the 2024 Forbes 400 list. The Almanac, however, still lists billionaires with a net worth of $2 billion or more.
Source: Forbes
