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Pennsylvania’s billionaire class continues to grow

By Patrick Berkery

March 16, 2026

A Republican mega-donor with ties to Trump and TikTok, a candy bar and pet food heiress, the owner of 84 Lumber, and the primary owners of two Philly sports teams are among the Pennsylvania billionaires on Forbes’ annual list of the world’s richest people.

The richest people on the planet keep getting richer. And Pennsylvania’s billionaire class keeps growing.

There were 400 more billionaires in the world in 2025 than 2024, according to Forbes’ 2026 World’s Billionaires List. Combined, those billionaires are worth $20.1 trillion (with a T), $4 trillion more than in Forbes’ last billionaires ranking. The list is based on stock prices and exchange rates from March 1. 

This year’s Forbes list was topped by Elon Musk, founder of carmaker Tesla and SpaceX, and briefly the head of the Trump administration’s Department of Government Efficiency, with a net worth of $839 billion.

President Donald Trump also appears on this year’s list, with his net worth climbing from $5.1 billion to $6.5 billion, placing him at 645 on the Forbes list.

The US has the most billionaires, with a record 989, including 20 Pennsylvanians, up from 18 last year. 

Let’s meet Pennsylvania’s billionaire class:

Jeffrey Yass, Haverford – No. 28

Pennsylvania’s $67.4 billion dollar man, Republican mega-donor Jeffrey Yass, lands at 28 on this year’s list after climbing from 67 to 25 in last year’s ranking. Yass is a co-founder of the Susquehanna International Group trading firm, which oversees a 15% stake in TikTok’s parent company, ByteDance. Yass has financial ties to Trump’s social media platform, Truth Social, and was named as a donor to Trump’s $250 million White House ballroom.

Arthur Dantchik, Gladwyne – No. 171

Arthur Dantchik co-founded Susquehanna International Group along with Yass, his best friend from high school and college roommate. Like Yass, this former professional poker player also made a big jump on the Forbes list last year (up from 397 to 153) and took a slight dip this year to 171, despite increasing his net worth from $14.6 to $16.1 billion.

Victoria Mars, Philadelphia – No. 245

Victoria Mars and her three sisters are heirs to the family’s giant candy and pet food company, Mars, Incorporated. So if you buy M&Ms, Milky Way, and Skittles candies, and/or pet food like Pedigree and Whiskas, you’re contributing to the Mars family fortune. Her net worth increased from $10.7 to $12.3 billion, even though she slipped from 236 to 245 on the list.

Michael Rubin, Bryn Mawr – No. 362 

Michael Rubin is the founder and CEO of online sports merchandising retailer Fanatics, and a former minority owner of the Philadelphia 76ers and New Jersey Devils. After dropping out of Villanova University, Rubin started GSI Commerce, which he sold to eBay for $2.4 billion in 2011. Rubin’s net worth dropped $1 billion over the last year, from $10.6 to $9.6 billion. He fell from 248 to 362 on the Forbes list.

Jeffrey Lurie, Wynnewood – No. 498

Even though the Eagles missed out on another Super Bowl, it was still a good year financially for the team’s owner, Jeffrey Lurie. He saw his net worth increase from $5.3 to $7.6 billion, good for a jump from 673 to 498 on the Forbes list. And the team for which he paid $185 million in 1994 is now worth more than $8 billion. That’s a very solid return on investment.

Mitchell Morgan, Bryn Mawr – No. 684 

Developer Mitchell Morgan is founder and CEO of Conshohocken-based Morgan Properties, the third-largest owner of apartments in the US. The company owns more than 350 properties with over 97,000 units in 20 states. Morgan’s net worth is $6.1 billion, good for 684 on the list.

Edward Stack, Sewickely – No. 780

Edward Stack is the executive chairman and largest individual shareholder of Dick’s Sporting Goods, which his father, Dick Stack, founded in 1948 with a $300 loan from his grandmother. Dick’s Sporting Goods now generates more than $13 billion in annual sales across more than 850 stores. Stack landed at 780 on the Forbes list, with a net worth of $5 billion.

Thomas Hagen, Erie – No. 806

Thomas Hagen is the chairman of Erie Indemnity, a publicly traded insurance company that was co-founded by his late wife Susan’s father, H.O. Hirt, and his friend, O.G. Crawford. Now one of the nation’s largest insurance companies, the firm began in 1925 with a business plan scribbled in a notebook. Hagen’s ranking among the world’s billionaire class slipped considerably from 369 to 806 on the Forbes list, while his net worth decreased from $8.2 to $5.3 billion.

Thomas Tull, Pittsburgh – No. 806

Thomas Tull is a film financier and founder of production company Legendary Entertainment. His new investment holding company, Tulco, has stakes in publicly traded medical apparel startup Figs and insurance brokerage Acrisure. Tull also owns a valuable minority stake in the Pittsburgh Steelers and a valuable collection of baseball memorabilia. His net worth grew from $3.7 to $5.3 billion, and he climbed from 979 to 806 on the Forbes list, tied with Hagen.

Maggie Hardy, Belle Vernon – No. 984

Maggie Hardy is the owner and CEO of 84 Lumber, one of the largest privately-owned building materials suppliers in the US. She also owns the Nemacolin resort in Fayette County, which recently laid off dozens of employees. Hardy’s net worth increased from $3.6 to $4.3 billion, leading to a jump from 1,015 to 984 on the Forbes list.

John Middleton, Bryn Mawr – No. 984  

Though the Phillies can’t seem to get over the hump in October,  the fortunes of the team’s majority owner, John Middleton, continue to rise. After watching his net worth grow from $3.7 to $4.1 billion last year, Forbes now pegs Middleton’s net worth at $4.3 billion. Still, he fell nearly 100 spots on the Forbes list from 887 to 984, tied with Hardy.

Richard Hayne, Philadelphia – No. 1611

Richard Hayne started Urban Outfitters in 1974 as a single store in West Philadelphia. Today, Urban is an international chain with more than 200 locations and over $5 billion in revenue. Hayne took Urban Outfitters public in 1993 and owns nearly a quarter of the company with his wife. He’s worth $2.6 billion, good for 1611 on the Forbes list, up from 1763 last year. 

David Adelman, Haverford – No. 1755

Real estate and sports mogul David Adelman cracked the Forbes billionaire ranking for the third  time, falling from 1623 to 1755. His net worth grew however, from $2.3 to $2.4 billion over the last year.

David Paul, Audubon – No. 1755

David C. Paul is the founder and executive chairman of spine implant manufacturer Globus Medical. Paul took Globus public in 2012, and stepped down as CEO in 2017 for health reasons. He’s worth $2.4 billion, up from $2 billion last year, placing him at 1755 on the Forbes list, tied with Adelman.

Alan Miller, Lower Merion – No. 1982

Alan Miller founded Universal Health Services, a chain of hospitals and other health providers, in 1979. The company has more than 400 facilities across the U.S. and U.K. and brings in over $14 billion in annual revenue. Miller himself is worth $2.1 billion according to Forbes, placing him at 1982 on the list, up from 2019 last year.

Keith Bentley, Elverson – No. 2052

The three Bentley brothers behind Exton-based ​​infrastructure engineering software provider Bentley Systems landed on the Forbes list for the first time. Co-founder Keith Bentley placed the highest at 2052 with a net worth of $2.1 billion.

Alfred West Jr., Paoli – No. 2274

Alfred West oversees SEI, the financial services firm he founded in 1968. He retired as CEO in 2022, after more than 50 years at the helm. He’s now executive chairman. West has a net worth of $1.8 billion, earning him a spot on the Forbes list at 2274.

Barry Bentley, Elverson – No. 2386

Bentley Systems co-founder Barry Bentley landed at 2386  with a $1.7 billion net worth.

Brian Roberts, Philadelphia – No. 2481

Brian Roberts, the CEO and chairman of media giant Comcast, has sole voting power over approximately a third of the company’s stock, giving him a net worth of $1.6 billion, good for 2481 on the Forbes list.

Gregory Bentley, Coatesville – 2,600

Youngest brother Gregory Bentley served as CEO of Bentley Systems for more than two decades before transitioning into the role of executive chair and president in 2024. He placed at 2600 with a net worth of $1.5 billion.

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CATEGORIES: MONEY AND JOBS

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Patrick Berkery
Patrick Berkery, Senior Community Editor
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