Publishing its 36th annual World’s Billionaires List, the business magazine said its 2022 data includes 25 people from Chicago or its suburbs, including four new to the exclusive club. In 2021, the Chicago region had 23 billionaires, in Forbes’ reckoning. But the largest local gainer, 135%, was insurance mogul Patrick Ryan, now the second richest person in the Chicago area, according to Forbes. Collectively, they are worth $12.7 trillion, down from $13.1 trillion in the 2021 list. “The tumultuous stock market contributed to sharp declines in the fortunes of many of the world’s richest,” saidKerry Dolan, assistant managing editor of wealth at Forbes.

Source: Forbes April 05, 2022 23:22 UTC