The 10 Richest People in Miami

Miami, besides having stunning beaches, a vibrant nightlife, and a rich cultural mix, is also home to some of the richest people in the United States. These individuals have amassed impressive fortunes across various industries, from real estate, technology, and entertainment to finance.

1. Ken Griffin

The hedge fund magnate Ken Griffin, founder of Citadel LLC, is one of the wealthiest residents of Miami. With an estimated fortune of over $30 billion, Griffin has been a dominant figure in the financial world. His recent move to Miami from Chicago has further highlighted the city as an emerging financial hub.

2. Micky Arison

Chairman of Carnival Corporation, the world’s largest cruise company, Micky Arison has an estimated fortune of $10 billion. In addition to his success in the cruise industry, Arison is known for owning the Miami Heat basketball team.

3. Rakesh Gangwal

Co-founder of InterGlobe Aviation, the parent company of IndiGo, one of India’s largest low-cost airlines. Gangwal, with a fortune of around $4 billion, has made his home in Miami, where he enjoys seaside living and is actively involved in various philanthropic initiatives.

4. Barry Sternlicht

Founder of Starwood Capital Group, Barry Sternlicht is another real estate and hospitality titan who has made Miami his home. With a fortune close to $3.5 billion, Sternlicht has greatly influenced the development of luxury real estate in the city.

5. Eddie Lampert

Former CEO of Sears Holdings and founder of ESL Investments, Eddie Lampert has an estimated fortune of $2.3 billion. Lampert is known for his strategic investments and influence in the restructuring of large companies.

6. Phillip Frost

Doctor, inventor, and entrepreneur, Philip Frost has made his fortune in the pharmaceutical and biotechnology industries. With an estimated fortune of $2 billion, Frost is also a prominent philanthropist in Miami, supporting numerous educational and cultural initiatives.

7. Steve Stowe

Although less known nationally, Steve Stowe has amassed a considerable fortune through investments in technology and real estate. His net worth is estimated at around $1.5 billion, and he is known for his discretion and private life.

8. George Lindemann

Investor and entrepreneur, George Lindemann inherited a considerable fortune and has increased his wealth through smart investments in telecommunications and energy. His fortune is estimated at $1.4 billion.

9. Armando Codina

A prominent figure in Miami’s real estate development, Armando Codina is the founder of Codina Partners. With an estimated fortune of $1.2 billion, Codina has played a crucial role in transforming Miami’s urban landscape.

10. Norman Braman

Former owner of the Philadelphia Eagles and automotive industry magnate, Norman Braman has built an estimated fortune of $1.1 billion. Braman is known for his philanthropy, especially in the arts and education in Miami.