The Richest People In America: Daniel Ziff

MATTHEW STAVER/Bloomberg News /Landov

#99 Daniel Ziff

$3.7 billion
Source: inheritance, hedge funds

Son of William Ziff Jr. (d. 2006), publishing magnate. Aspiring philosopher William inherited Ziff-Davis publishing company from father 1953; parlayed into niche media conglomerate (PC Magazine, Car & Driver, Boating). Three sons cashed out when family sold 95% of business to Forstmann Little for $1.4 billion in 1994; dad retired to Florida. Plowed proceeds into Ziff Brothers Investments: hedge funds, real estate, corporate debt, equities. Family trust said to be worth more than $10 billion.

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