Six Mormons identified on Forbes 400 (America's Richest People)
Forbes 11Oct99 P2
Six Mormons identified on Forbes 400 (America's Richest People)

Forbes has released its annual survey of the 400 richest Americans, and in its article specifically identifies six of them as being Mormons. Here are a listing of those that are, most likely, the six richest Americans:

Jon Huntsman, 62 Huntsman is listed on the Forbes 400 as worth $3.9 billion, based mainly on the largest privately-held chemical concern in the U.S. Recently, he purchased 4 chemical businesses from ICI of Great Britan for $2.8 billion, doubling the revenues of Huntsman's operations. Huntsman is quoted as saying "You will never find maximum happiness until you can effectively make a difference in the life of another person." [In the Forbes issue under Landlords ]

Richard Peery, 59 Peery and his partner, John Arrillaga, bought up cheap farmland in the 1960s in what is now Silicon Valley. After developing their holdings into high-end office space, the partners are now one of the tech industry's largest landlords. Peery has a Stanford M.B.A. and actually ran the business while Arrillaga combined design skills and salesmanship to get them business. Recently they have sold-off some of their holdings, including 200 acres to Cisco for $400 million. Peery's fortune is valued by Forbes at $1.3 billion. [In the Forbes issue under Servicers ]

See also the following articles and Forbes resources: The Forbes 400