Washington’s resident billionaires do very well, too. Here’s who they are and where their money came from.
Jacqueline Mars, $10 billion.
The heiress to the Mars candy fortune—granddaughter of the company founder and daughter of M&M’s creator Forrest Mars Sr.—is a philanthropist and supporter of the Washington National Opera, the National Symphony Orchestra, and the US Equestrian Team. Brothers John and Forrest Jr. have retired to Wyoming. She lives in The Plains, Virginia.
Ted Lerner, $3 billion.
The founder of the family real-estate company Lerner Enterprises—developer of Tysons II, White Flint, Dulles Town Center, and other shopping malls in the area as well as a partner in the sports-and-entertainment complex Chelsea Piers in New York City—also owns the Washington Nationals.
Mitchell Rales, $2.6 billion.
Founder with his brother, Steven, of the diversified manufacturing company Danaher, Mitchell Rales is a trustee of the National Gallery of Art and collector of post–World War II American art, including works by Alexander Calder and Jackson Pollock. The art is housed at his private museum in Potomac.
Steven Rales, $2.3 billion.
Founder with his brother, Mitchell, of the diversified manufacturing company Danaher, Steven Rales is also founder of the film-production outfit Indian Paintbrush Company, producer of The Darjeeling Limited and other movies.