Here Are The 8 Richest People And Families In Ohio And What They Do
By April Dray|Updated on January 04, 2023(Originally published December 31, 2022)
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April Dray
Author
April is the Ohio staff writer for Only in Your State. She is an Ohio native with a Bachelor of Science in Journalism from E.W. Scripps School of Journalism. With more than 10 years of writing experience and a background in news reporting for Ohio newspapers, she's published pieces in multiple print and online publications. When she's not on deadline or chasing after her toddler, she's hunting for hidden gems in Ohio or getting lost in a good book.
Ever wondered who the richest people are in Ohio and why they’re so rich? From named brand clothing companies you’re probably familiar with to processed cheese, these families are well-versed in how to make a profit. The following are eight of the richest people and families in Ohio and what they do.
As of January 2023, the E.W. Scripps family's net worth was $1.1 billion. The E.W. Scripps Company is headquartered inside the E.W. Scripps Center (pictured) in Cincinnati.
Chairman and CEO of L Brands (formerly known as Limited Brands,) Wexner has a net worth of $8.9 billion, according to Bloomberg. Wexner is the founder of L Brands, the former co-owner of around 2,700 women's apparel and beauty stores. The Columbus, Ohio-based changed its name to Bath & Body Works in 2021 when it spun-off its Victoria's Secret chain. Bath & Body Works reported revenue of $11.1 billion in the year to Jan. 29, 2022.
George Gund Jr. (pictured) of Cleveland serves as the CEO of the Gund Investment Corporation. Recent reports have the Gund Family's net worth at an estimated $3.5 billion.
Jay Schottenstein of Columbus previously served as the chairman of American Eagle Outfitters Incorporated. Today, he serves as the head of the Schottenstein Stores Corporation and chairman of DSW Shoes. The family's net worth is estimated at around $2.8 billion.
Hans Epprecht is a Swiss-American entrepreneur with an estimated net worth of $2.1 billion. Hans Epprecht came to the US in 1948, served in the Army during the Korean war, and returned to Ohio to work, then to start his own company. Today, the family resides in Hiram, and owns Great Lakes Cheese, a company that manufactures and distributes processed and natural cheeses to retailers and food services all across the country.
Owner of the popular convenience store chain United Dairy Famers, Carl Lindner Jr. of Cincinnati and his family have an estimated net worth of $1.7 billion as of July 2014.
Former CEO of Progressive Auto Insurance, Peter Lewis, died in 2013 but left his $1.4 billion net worth (as of July 2015) to his family in Mayfield Village.
Did any of these surprise you? How many of them did you know about? Let us know in the comments below!
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In addition to those listed above as the richest people from Ohio (who are all quite famous, too!), here are some other famous people from the Buckeye State:
Steven Spielberg
Halle Berry
Thomas Edison
Maya Lin
Drew Carey
Sarah Jessica Parker
Justin Chambers
Katie Holmes
Josh Radnor
In terms of most famous people from Ohio, it's hard to top Neil Armstrong. It's pretty mind-blowing to say that Ohioans were technically the first people to ever step foot on the moon. When it comes to notable individuals making their mark in America -- and the world -- Ohioans undeniably hold their own. Today, you can visit Wapakoneta, the small town near Dayton where Armstrong was born in 1930!
