Forbes’ annual list of the world’s billionaires has 28 D.C.-area residents on it, about a half dozen more than a year ago. At least two of the names on the list continue to sneak by based on a residential technicality, and one is a new administration cabinet member.
Forbes again ranks Amazon founder Jeff Bezos as the wealthiest D.C. resident. Bezos owns the Washington Post and does own homes in D.C.’s Kalorama neighborhood, but it’s a part-time D.C. residence. His full-time residency is officially in Florida. Forbes lists Bezos’ estimated personal wealth at $215 billion.
Bezos ranks No. 3 on the global list.
President Donald Trump’s current address, 1600 Pennsylvania Avenue, is without question a D.C. address, though his full-time residence is also in Florida. Forbes lists Trump’s estimated wealth at $5.1 billion, ranking him No. 700 among the world’s wealthiest.
Trump’s new Secretary of Commerce, Howard Lutnick, ranks No. 1,141 on the Forbes list with an estimated personal wealth of $3.2 billion. Lutnick is new to the D.C. billionaire list.
Lutnick, former CEO of New York investment firm Cantor Fitzgerald, is a solid D.C. resident now, and at a price. Lutnick purchased a Foxhall home, previously owned by Fox News anchor Bret Baier, for $25 million, the most expensive D.C. residential sale on record.
