Florida is not only a haven for sunshine and tourism—it’s also home to a growing list of billionaires and ultra-wealthy individuals. With no state income tax and a business-friendly climate, Florida has attracted Wall Street titans, tech moguls, and real estate developers from around the country.
Here are the Top 10 Richest People in Florida in 2025, based on Forbes, Bloomberg, and regional wealth disclosures.
1. Thomas Peterffy – $62.3 Billion
Source of Wealth: Brokerage (Interactive Brokers)
Residence: Palm Beach, FL
The founder of Interactive Brokers, Peterffy is a Hungarian-born tech pioneer in electronic trading. Now retired from active leadership, he continues to be a major political donor and investor in Florida property.
2. Ken Griffin – $44.5 Billion
Source of Wealth: Hedge Funds (Citadel)
Residence: Miami, FL
Founder and CEO of Citadel, Griffin moved his headquarters from Chicago to Miami and has become a major force in Wall Street’s migration to Florida. He owns some of the most expensive real estate in the state, including multiple Palm Beach and Miami Beach mansions.
3. David Tepper – $21.7 Billion
Source of Wealth: Hedge Funds (Appaloosa Management), NFL (Carolina Panthers)
Residence: Palm Beach, FL
Tepper, one of the most successful hedge fund managers of all time, relocated to Florida for tax reasons and lifestyle. He also owns the Carolina Panthers and maintains large stakes in sports and real estate.
4. Stephen Ross – $18.9 Billion
Source of Wealth: Real Estate (Related Companies), NFL (Miami Dolphins)
Residence: Palm Beach / New York, NY
Ross is the visionary behind Hudson Yards in NYC and owns the Miami Dolphins. He’s expanded luxury development in West Palm Beach and Miami, making him a real estate icon in both New York and Florida.
5. Shahid Khan – $13.7 Billion
Source of Wealth: Auto Parts (Flex-N-Gate), NFL (Jacksonville Jaguars), AEW Wrestling
Residence: Naples, FL
Khan made his fortune in auto manufacturing and owns the Jacksonville Jaguars and All Elite Wrestling (AEW). He is one of the most prominent immigrant billionaires in America.
6. Micky Arison – $9.1 Billion
Source of Wealth: Cruise Lines (Carnival Corporation), NBA (Miami Heat)
Residence: Miami, FL
Arison is the former CEO and current chairman of Carnival Corp, the world’s largest cruise company. He also owns the Miami Heat and is a major player in Florida tourism, hospitality, and sports.
7. Rakesh Gangwal – $6.8 Billion
Source of Wealth: Airlines (IndiGo Airlines, U.S. Air Industry)
Residence: Miami, FL
Gangwal is a co-founder of IndiGo, India’s largest airline. He also held senior roles at United and US Airways. He resides in Florida and is an active philanthropist in education and health.
8. Jeff Greene – $5.2 Billion
Source of Wealth: Real Estate, Hedge Funds
Residence: Palm Beach, FL
Greene made billions shorting subprime mortgages during the 2008 crisis. He now invests heavily in real estate, hotels, and urban development in South Florida, particularly West Palm Beach.
9. Carl Icahn – $4.9 Billion
Source of Wealth: Activist Investing
Residence: Indian Creek Island, FL
Icahn is one of the most famous corporate raiders and activist investors of the past 50 years. He moved from New York to Indian Creek Island, a gated enclave of billionaires in Florida.
10. Dirk Ziff – $4.6 Billion
Source of Wealth: Inheritance (Ziff Davis publishing), Investments
Residence: North Palm Beach, FL
Heir to the Ziff Davis publishing fortune, Dirk Ziff invests in media, tech startups, and real estate. He’s also active in ocean conservation and progressive causes.
Summary Table
| Rank | Name | Net Worth (2025) | Source of Wealth | Residence |
|---|---|---|---|---|
| 1 | Ken Griffin | $36.5B | Citadel (Hedge Funds) | Miami |
| 2 | Thomas Peterffy | $27.3B | Interactive Brokers | Palm Beach |
| 3 | David Tepper | $18.7B | Appaloosa Management | Palm Beach |
| 4 | Stephen Ross | $11.3B | Real Estate, NFL | Palm Beach |
| 5 | Micky Arison | $9.1B | Carnival, NBA | Miami |
| 6 | Shahid Khan | $8.7B | Auto Parts, NFL, AEW | Naples |
| 7 | Rakesh Gangwal | $6.8B | Airlines | Miami |
| 8 | Jeff Greene | $5.2B | Real Estate, Investing | Palm Beach |
| 9 | Carl Icahn | $4.9B | Activist Investing | Indian Creek |
| 10 | Dirk Ziff | $4.6B | Ziff Davis, Investing | North Palm Beach |
Final Thoughts
Florida’s billionaires are concentrated in Palm Beach, Miami, and Naples, drawn by favorable tax laws, luxury lifestyle, and investment opportunities. The state has become a national center for hedge funds, real estate power plays, and high-end philanthropy, rivaling traditional wealth hubs like New York and California.
