11 self-made American billionaires who are on the Forbes 400 list for the first time

Reed Hastings finally made the Forbes 400 list this year.

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Reed Hastings finally made the Forbes 400 list this year.
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Getty/Ethan Miller

Hundreds of billionaires call the US home.

But only those with a net worth of at least $2 billion made the 2017 Forbes 400 list, which was released on Tuesday. That’s 18% higher than the $1.7 billion minimum net worth required in 2016.

Even with the higher hurdle to join the richest of the rich in America, 22 newcomers made the Forbes 400 list this year. Some of the 22 inherited their fortunes, while others are self-made entrepreneurs, such as Netflix founder and CEO Reed Hastings.

To determine the ranking, Forbes took into account stakes in public and private companies, real estate holdings, and other assets including art, jewelry, cars, and planes. All net worth estimates are current as of October 17, 2017.

Scroll through to see 11 of America’s self-made billionaires who joined the Forbes 400 list for the first time in 2017, how they made their fortune, and and how much it’s worth today.


Reed Hastings: $2.2 billion

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Reed Hastings is the cofounder and CEO of Netflix, which has more than 100 million members in 190 countries worldwide.
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Carlos Alvarez / Getty

Rank: 359

Source of wealth: Tech company Netflix

Age: 57

Residence: Santa Cruz, California

Read more on Forbes.


Bert Beveridge: $2.5 billion

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Bert “Tito” Beveridge is the founder of Tito’s Vodka, one of the fastest growing spirits brands in the US.
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Getty/Rachel Murray

Rank: 324

Source of wealth: Beverage company Tito’s Vodka

Age: 55

Residence: Austin, Texas

Read more on Forbes.


Frank VanderSloot: $2.7 billion

Rank: 302

Source of wealth: Nutrition and wellness company Melaleuca

Age: 69

Residence: Idaho Falls, Idaho

Read more on Forbes.


Osman Kibar: $2.8 billion

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Osman Kibar is the founder and CEO of biotech firm Samumed. He earned a Ph.D. from the University of California, San Diego, and lives in La Jolla, California (pictured).
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Irina Sen/Shutterstock

Rank: 288

Source of wealth: Biotech company Samumed

Age: 46

Residence: La Jolla, California

Read more on Forbes.


Don Vultaggio: $3 billion

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Don Vultaggio is the cofounder of AriZona Beverages, which sells 3 billion drinks each year, including tea, juice, water and alcoholic beverages.
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Sheila Fitzgerald/Shutterstock

Rank: 264

Source of wealth: Beverage company AriZona Beverages

Age: 65

Residence: Port Washington, New York

Read more on Forbes.


Chuck Bundrant: $3 billion

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Chuck Bundrant is the chairman and cofounder of Trident Seafoods, which sells seafood to chains like Costco and Long John Silver’s.
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Trident Seafoods Facebook

Rank: 264

Source of wealth: Fishing company Trident Seafoods

Age: 75

Residence: Seattle, Washington

Read more on Forbes.


Clifford Asness: $3 billion

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Clifford Asness cofounded AQR Capital Management, a money management firm that has $195 billion under management.
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YouTube / 1957Atlas

Rank: 264

Source of wealth: Hedge fund AQR Capital Management

Age: 51

Residence: Greenwich, Connecticut

Read more on Forbes.


Rodger Riney: $3.5 billion

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Rodger Riney founded Scottrade in 1980 and currently serves as president and CEO of the discount brokerage firm, which has $170 billion under management.
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REUTERS/Sarah Conard

Rank: 212

Source of wealth: Discount brokerage Scottrade

Age: 71

Residence: St. Louis, Missouri

Read more on Forbes.


Rishi Shah: $3.6 billion

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Rishi Shah is the cofounder and CEO of Outcome Health, which provides tablets and touch screens in doctors’ offices and is valued at $5.6 billion.
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Outcome Health Facebook

Rank: 206

Source of wealth: Healthcare media company Outcome Health

Age: 31

Residence: Chicago, Illinois

Read more on Forbes.


Ben Ashkenazy: $4 billion

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Ben Ashkenazy is the founder and CEO of real estate firm Ashkenazy Acquisitions, which has a $12 billion portfolio including The Shops at the Bravern (pictured) in Bellevue, Washington.
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The Shops at Bravern Facebook

Rank: 172

Source of wealth: Real estate firm Ashkenazy Acquisitions

Age: 48

Residence: New York, New York

Read more on Forbes.


Rocco Commisso: $4.5 billion

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Rocco Commisso is the founder and CEO of cable company Mediacom, which he started in 1995.
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Larry Busacca / Getty

Rank: 150

Source of wealth: Telecom company Mediacom

Age: 67

Residence: Saddle River, New Jersey

Read more on Forbes.