Colorado's four richest people on the Forbes 400 richest list

Key Points:

• Four Colorado residents made the Forbes 400 list of richest Americans, with total wealth among the 400 richest rising from $6.6 trillion to $8 trillion, driven by technology sectors like semiconductors and AI.
• Philip Anschutz remains Colorado’s wealthiest at $19.3 billion, benefiting from investments in railroads, fiber optics, entertainment venues, and sports franchises, with a 78% net worth increase since 2023.
• Charlie Ergen, founder of EchoStar, saw his net worth drop 92% over the decade due to costly efforts to build a national cellular network, but has rebounded to $12.8 billion partly through spectrum sales to SpaceX and AT&T.
• Mark Stevens, a partner at Sequoia Capital, ranks third in Colorado with $11.8 billion, boosted 228% by Nvidia shares; he has invested in local housing in Steamboat Springs to support workers.
• John Malone, former Liberty Media chairman, holds $11.4 billion and recently saw Liberty Broadband’s 25% stake in Charter Communications bought out, marking a significant shift in his cable and entertainment holdings.