Business Yuengling
040916_Yuenglinglager Matt Rourke, File/AP

Bottles of Yuengling beer are displayed in Philadelphia, Wednesday, May 16, 2007.

October 19, 2017

Yuengling's billionaire owner edged out of the Forbes 400

Phillies, Sixers, Eagles owners all appear on the rankings

Forbes released its 2017 list of the 400 richest people in the U.S., highlighting a few billionaire Pennsylvanians and edging out the owner of Philly's most known beer, Yuengling.

Wharton alum and Newtown Square resident Victoria Mars is the highest-ranked Pennsylvanian on the list at No. 79, with a net worth of $6.3 billion as the heir of Mars Inc. Chester County resident Mary Alice Dorrance Malone, heir to the Camden-based Campbell Soup Co., comes in at No. 226 with her $3.3 billion fortune.

Phillies principal owner John Middleton also appears on the list, as does Sixers minority owner Michael Rubin and Eagles owner Jeffrey Lurie.

Our nation’s president makes a cameo on the list, landing at No. 248 with a net worth of $3.1 billion. Forbes reported his worth has declined $600 million since last year.

Absent from the list is Richard Yuengling Jr., among the 26 billionaires booted from this year’s rankings. Yuengling holds a net worth of $1.4 billion – about $500 million less than last year.

As usual, Bill Gates tops the list with his net worth of $89 billion. Check out the full list at Forbes.