Delaware
This Delaware family made the Forbes list for 2024 richest families in America
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If you’re from Delaware, you probably know one of the richest families in the nation that has made everlasting change for the First State.
The du Pont family, known for owning the DuPont Co., has made the recent Forbes list highlighting some of the most affluent families in the United States for 2024.
With a net worth of $18.1 billion, the du Ponts came in at No. 22 out of 45 families. All of those listed had a net worth of at least $10 billion. The combined worth of all came in at $1.3 trillion, according to Forbes.
The du Pont family, one of the richest in the US
The du Pont legacy began in 1802 when Eleuthère Irénée du Pont bought 95 acres on the Brandywine.
The company was one of the first major gunpowder suppliers, alongside being credited for other important creations like rayon, nylon and Kevlar.
TIMELINE: DuPont Co. through the years
Since then, the American chemical company has amassed the du Ponts a net worth of over $18 billion, with around 3,500 family members, according to Forbes.
The du Pont name is now all across Delaware: on a highway, a high school, a hotel and more.
Who else made the Forbes list?
The first one on the list was the Walton family, which owns the Walmart empire and came in at a net worth of $267 billion with only about seven family members. Walmart is headquartered in Bentonville, Arkansas.
Second on the list is the Mars family, which owns the pivotal candy company Mars. The family’s net worth is estimated to be $117 billion, with 31 family members. They are headquartered in McLean, Virginia.
DELAWARE’S WEALTHIEST TOWNS: Here are the top 50
The rest of the top 10 are:
- Third place: Koch family, diversified money source – $116 billion
- Fourth place: Cargill-MacMillan family, Cargill Inc. – $60.6 billion
- Fifth place: (Edward) Johnson family, money management – $44.8 billion
- Sixth place: Pritzker family, hotels and investments – $41.6 billion
- Seventh place: S.C. Johnson family, cleaning supplies – $38.5 billion
- Eighth place: Cathy family, Chick-fil-A – $33.6 billion
- Ninth place: Duncan family, pipelines – $30 billion
- 10th place: Cox family, media – $26.8 billion
The rest of the list can be found at www.forbes.com/families/list/#tab:overall.
Delaware
Done Deal: 695 Delaware Avenue – Buffalo Rising
Ellicott Development has expanded it local property portfolio. Ellicott’s 4628 Group Inc. purchased 695 Delaware Avenue on Wednesday for $1.025 million. Fred Kaplan Living Trust was the seller. The 8,454 sq.ft., three-story barn-like structure with mansard roofed addition is occupied by media production and marketing firm Crosswater Digital Media. It was the home of WKBW radio for a number of years. The property totals 0.4 acres in size with a large parking lot fronting Delaware Avenue.
The property is bookended by the Westbrook Apartments and Wilcox House apartment buildings, both ten-story structures. It sits across the street from 700 Delaware, the former Computer Task Group Building Ellicott purchased in 2018 and is now occupied by the NYS Department of Environmental Conservation.
Delaware
Man, 77, dies after collision with teen driver near Hartly, police say
What to do if you come across a serious car accident
What to do if you come across a serious car accident
A 77-year-old man died following a two-car crash near Hartly on the morning of Dec. 10, Delaware State Police said.
The man, from the Dover area, has not been identified by police pending family notification.
According to police reports, the man was driving a Honda Accord east on Judith Road approaching Hartly Road about 9 a.m., as an 18-year-old woman was driving a Ford Focus south on Hartly Road approaching Judith Road.
Police reported that a preliminary investigation shows the Honda moved from the stop sign into the Ford’s path, causing a collision.
The man was pronounced dead at the scene. The woman, from Hartly, was treated at the scene. Police said she refused to be taken to a hospital.
Send tips or story ideas to Esteban Parra at (302) 324-2299 or eparra@delawareonline.com.
Delaware
Delaware County approves 19% property tax hike in 4-1 vote
MEDIA, Pa. (WPVI) — Delaware County Council voted 4-1 Wednesday night to approve a budget that includes a 19% property tax increase, despite objections from residents.
Property owners with a home assessed at $255,000 will pay about $188 more annually under the new budget, which takes effect next month.
Before the vote, some residents urged council to reconsider.
“I ask council to revisit the proposed budget, forgo voting tonight, avoid solving the entire deficit on the back of the hardworking taxpayers,” said Cynthia Sabitini of Upper Providence Township.
One councilmember agreed, but most did not.
“Simply put, I feel that the increase is too drastic,” said Councilmember Elaine Paul Schaefer.
“This needs to occur. I don’t like it, but it’s what has to occur,” said Councilmember Kevin Madden.
The hike follows a 23% increase last year and a 5% increase the year before. County officials say tax hikes were minimal for a decade, forcing steep increases now.
The current all-Democratic council argues they’re righting the financial ship after past Republican leaders didn’t do enough.
“For the first time in more than a decade, this budget puts Delaware County on track to have a truly balanced budget,” said Council Chair Dr. Monica Taylor.
County leaders say the increase addresses a structural deficit, but opponents blame spending on projects such as de-privatizing George Hill Correctional Center and creating a health department.
“How do you justify coming in with a deficit and then saying you’re repairing it after you grew it?” said Michael Straw of Media Borough Republicans.
Officials say future hikes should be minimal if the county makes any request at all, but some remain skeptical.
“I have my doubts that we won’t be seeing increases in the future,” Straw said.
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