Connect with us

Pittsburg, PA

These are the Pittsburgh billionaires who are on the Forbes 400 list

Published

on

These are the Pittsburgh billionaires who are on the Forbes 400 list


PITTSBURGH (KDKA) — Forbes’ annual list of the 400 wealthiest people in America features billionaires from the Pittsburgh area.

The “definitive ranking of America’s richest people 2024” was released this week and features 400 people worth a total of $5.4 trillion. Forbes said a minimum net worth of $3.3 billion was required to be on the list.

To tally each person’s wealth as of Sept. 1, Forbes said it included all of their assets, including stakes in public and private companies, real estate, art, etc. 

Of the 400 names on the list, three reside in the Pittsburgh region: Edward Stack and family, Thomas Tull and Maggie Hardy. 

Advertisement

Stack is the executive chairman and largest individual shareholder of Dick’s Sporting Goods, a Coraopolis-based company. He has an estimated net worth of $5.8 billion and came in at No. 225, according to Forbes. 

Tull, who owns a minority stake in the Pittsburgh Steelers, is No. 359 on the list with an estimated net worth of $3.7 billion. He also founded Legendary Entertainment, a production company. 

Hardy came in at No. 374 with an estimated net worth of $3.6 billion. She is the owner and CEO of 84 Lumber. According to Forbes, Maggie Hardy took control of 84 Lumber in 1992.   

David Tepper and Mark Cuban, both Pittsburgh natives, made the list, but the two billionaires do not live in Pennsylvania. Tepper’s $21.3 billion net worth placed him at No. 39, while Cuban’s $5.7 billion net worth placed him at No. 230. 

Tepper, who owns the NFL’s Carolina Panthers, grew up in Pittsburgh’s Stanton Heights neighborhood. Cuban, who grew up in Mt. Lebanon, founded Broadcast.com and owns a minority stake in the NBA’s Dallas Mavericks. 

Advertisement

Elon Musk earned the top spot on this year’s list. 

Who is the richest person in Pennsylvania? 

Jeff Yass, the cofounder of Susquehanna International Group, is the richest person in Pennsylvania, according to Forbes’ list. Yass has a $49.6 billion net worth, ranking him No. 18 overall. 

Twelve Pennsylvanians made the 2024 list. 

Advertisement



Source link

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Pittsburg, PA

Beaver County woman selected as Pittsburgh Steelers nominee for 2024 NFL Changemakers

Published

on

Beaver County woman selected as Pittsburgh Steelers nominee for 2024 NFL Changemakers


PITTSBURGH — Chippewa Township resident Carolina Frantz was recently recognized as the Pittsburgh Steelers nominee for the 2024 NFL Changemakers. 

The National Football League and the Pittsburgh Steelers have worked together to showcase local leaders who are making a difference in their communities during the NFL’s Inspire Change Weeks since 2017. 

“It is exciting and a humbling experience for me,” Frantz said. “I had mentioned to them [the Steelers] when I won the award that I couldn’t believe that I could have won it because there are so many people out there in the community doing all sorts of things. I am just a normal human being, a nurse, looking to make things better for people. I am truly honored to have been chosen for it.”

Advertisement

For Pittsburgh Steelers senior director of community relations Blayre Holmes Davis, honoring Frantz, who has given so much to the community, is an important thing to do. 

“We want to take the time to recognize the unsung heroes in our community and we appreciate folks like Carolina who are there to do the work and are there to receive services. We are honored to uplift her story and the work that she has done over the years and everything that is going to come along with it,” Holmes Davis said. 

Frantz is currently the BSN-AID Program Director of Diversity and Inclusion at Duquesne University where she helps support students and mentor underrepresented students in nursing. 

Advertisement

Back in 2018, Frantz decided to found the Western Pennsylvania Area Chapter of the National Association of Hispanic Nurses with an old colleague who worked at Pittsburgh Mercy. 

She signed up the chapter to become a distributor of socks from the company Bomba’s. For every pair of socks purchased, the company would also donate a pair. 

For three years, the chapter had to wait to become distributors but once Frantz was chosen, she hit the ground running helping the Pittsburgh region all while sorting and distributing socks out of her garage.

“After I received the socks, I contacted my friend at Pittsburgh Mercy who gave me a list of all of the shelters in the Pittsburgh area that needed sock donations to help move product. After contacting them, all of those boxes were offloaded quickly, and I took a day trip in my husband’s pickup truck delivering socks to different homeless shelters in the Pittsburgh region. After that, I just kept expanding donations and continued to distribute them throughout the Pittsburgh region.” 

Since 2023, Frantz has delivered over 15,000 pairs of socks to the Pittsburgh community. 

Advertisement

While she continues to make impressive strides with her efforts, Frantz’s extensive work within the healthcare field has given her a deeper understanding of what her work can do for a community. 

“It is more than just delivering socks,” Frantz said. “I have gotten to see what things look like in the healthcare space. To see people come into the healthcare system with foot ulcers, or other people that are at a higher risk for injuries and wounds. Unfortunately, a lot of people who are experiencing those ailments are part of the unhoused population. People most of the time that are unhoused don’t have proper footwear and socks which place them at a higher risk to develop those wounds.”

 While she did not grow up a Beaver County resident, Frantz moved into the Pittsburgh region when she was 12 years old after immigrating from Colombia. 

After moving around Western Pennsylvania, she, her husband and three kids moved to the Beaver County area around six years ago after her husband started to work at the Beaver Valley Nuclear Power Plant. 

Advertisement

While being involved with the community close to home along with volunteer work, she has also started a new position in the Beaver County area. 

“Recently I made an addition to my career working for the Gateway Rehab Center, and that was purposeful to give myself more experience in the behavioral health space,” Frantz said. “I have gotten a better understanding of people who have the most needs and continue to be able to give back. I work there once a week as a nurse at the Aliquippa facility, which is another part that I am giving to the community. Hopefully, some of the sock donations from the bigger organizations will touch the Beaver County community soon.”

By being nominated, Frantz will also receive a $10,000 donation from the NFL Foundation paid directly to the non-profit of her choice, which is Pittsburgh Mercy. 

Frantz will also be recognized at the Pittsburgh Steelers’ Week 17 game against the Kansas City Chiefs on Christmas Day. 

Advertisement

Though she won’t be able to be recognized in person at the game, Holmes Davis believes that her story can continue to push change in the community. 

“We are a city that helps each other to create the needs for people,” Holmes Davis said. “We are excited to be able to share her story with our fanbase and hopefully through her work, people in the community will feel inspired to do something in their community as well.”

As Frantz continues to help the community with her various endeavors, she hopes that the work that she did can show people that putting a small effort into helping a cause can go a long way. 

“It doesn’t take a lot of sacrifice to make a difference. We have been blessed with the ability to have a garage big enough and I am just one human being. If you take all the people that live in a five-mile region, you can do big things. People can make a lot of difference in the world by doing small things.”



Source link

Advertisement
Continue Reading

Pittsburg, PA

Santa’s reindeer cleared for Christmas flight in Pennsylvania

Published

on

Santa’s reindeer cleared for Christmas flight in Pennsylvania


Santa’s reindeer cleared for Christmas flight in Pennsylvania – CBS Pittsburgh

Watch CBS News


State leaders cleared Santa for Christmas Day.

Advertisement

Be the first to know

Get browser notifications for breaking news, live events, and exclusive reporting.




Source link

Advertisement
Continue Reading

Pittsburg, PA

Andrew McCutchen Gets Another Shot in Pittsburgh, And That Makes Me Happy (UPDATE) – Bleacher Nation

Published

on

Andrew McCutchen Gets Another Shot in Pittsburgh, And That Makes Me Happy (UPDATE) – Bleacher Nation


The days of “Andrew McCutchen The Superstar” are long since gone. He hasn’t been worth more than 3.0 WAR in a season since 2017, and he just wrapped up his age-37 campaign in Pittsburgh last season. And yet, he’s kinda still cooking. In 2023, McCutchen walked 15.9% of the time, struck out at just 21.1% clip, and posted a 114 wRC+ with 12 homers, 11 stolen bases, and a .378 OBP. Last season, McCutchen’s overall production slipped to 105 wRC+, but he hit 20 homers in 120 games. And he’s not done yet.

Andrew McCutchen and the Pirates Give it Another Go

Just now, in a statement released on X, the Pirates announced that they had re-signed Andrew McCutchen. The terms aren’t out there yet, but the official MLB account did call it a one-year deal for what it’s worth (and that’s what you should expect anyway). I’ll update this post when we know more (UPDATE: One year, $5 million)

And you know what? I’m happy about it. The Pirates may be in the Cubs division and they may be an up-and-coming team led by some very formidable starting pitching … But Andrew McCutchen belongs on the Pirates. That just makes me happy. I’m a Cubs fan first, but a baseball fan second. And baseball is better when McCutchen is in Pittsburgh. He means a lot to that team and city and I like when players stick around. Except Kyle Tucker, he was right to get out of Houston and he should definitely spend the rest of his career with the Cubs. That’s your new home now, bub.

I’m not sure exactly what to expect out of Andrew McCutchen next season, but Steamer is projecting a 102 wRC+ with 17 HRs, so they still forecast a useful player. The market is humming before Christmas, eh?

Advertisement



Source link

Continue Reading

Trending