Business

These Pennsylvania billionaires made the Forbes 400 wealthiest list

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PITTSBURGH — Several of Pennsylvania’s largest business heirs and entrepreneurs have once again made Forbes' list of the 400 wealthiest people in the United States.

The Philadelphia area’s wealthiest remain virtually unchanged from a year ago, with no newcomers from the region making it onto Forbes' list for 2020. From the heirs of the Campbell Soup Co. fortune to owners of the city’s professional sports teams, we’ve picked out some of the wealthiest locals who made the cut.

Victoria Mars, who lives in Pennsylvania and is an heir to the Virginia-based Mars Inc. candy company fortune, came in at No. 74 on Forbes' list with $7.2 billion in wealth. She shares the ranking with her three sisters, who are also heirs to the company.

Thomas Hagen, the chairman of Erie Indemnity, ranked as No. 213 on the list with an estimated net worth of $3.7 billion. The 84-year-old has been involved with Erie Indemnity, which oversees the managements of Erie Insurance Exchange, for more than 50 years and served as its CEO for three years from 1990 to 1993 according to Forbes.

Read more from our news partners at the Pittsburgh Business Times.

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