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

Twenty-two of America's richest billionaires made the Forbes 400 list for the first time this year, including Netflix founder and CEO Reed Hastings. 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 Rank: 359 Source of wealth: Tech company Netflix Age: 57 Residence: Santa Cruz, California Read more on Forbes. Bert Beveridge: $2.5 billion 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 Rank: 288 Source of wealth: Biotech company Samumed Age: 46 Residence: La Jolla, California Read more on Forbes. Don Vultaggio: $3 billion Rank: 264 Source of wealth: Beverage company AriZona Beverages Age: 65 Residence: Port Washington, New York Read more on Forbes. Chuck Bundrant: $3 billion Rank: 264 Source of wealth: Fishing company Trident Seafoods Age: 75 Residence: Seattle, Washington Read more on Forbes. Clifford Asness: $3 billion Rank: 264 Source of wealth: Hedge fund AQR Capital Management Age: 51 Residence: Greenwich, Connecticut Read more on Forbes. Rodger Riney: $3.5 billion Rank: 212 Source of wealth: Discount brokerage Scottrade Age: 71 Residence: St. Louis, Missouri Read more on Forbes. Rishi Shah: $3.6 billion Rank: 206 Source of wealth: Healthcare media company Outcome Health Age: 31 Residence: Chicago, Illinois Read more on Forbes. Ben Ashkenazy: $4 billion 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 Rank: 150 Source of wealth: Telecom company Mediacom Age: 67 Residence: Saddle River, New Jersey.***prbxselfnetwork***



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