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Local men make Virginia Business 100 list
BY BILL FREEHLING
Fredericksburg real-estate developer Carl D. Silver placed 11th on a recently published list of Virginia's wealthiest people.
Virginia Business magazine published its annual list of the 100 richest Virginians in its June edition. The magazine estimated Silver's net worth at $800 million, the same as last year.
The magazine assigned a "B" confidence grade to Silver's net worth, which means it used public information about the person's assets but got no direct confirmation.
Spotsylvania County couple Betty and Farmer Meadows placed 44th on the list with a net worth of $129 million, which is $4 million more than their tally last year. The couple's Meadows Farms company includes nurseries, a golf course and a landscaping business. The magazine assigned an "A" confidence grade to the Meadowses' net worth, meaning it was confirmed.
As was true last year, the Mars family easily topped everyone else on the Virginia 100 list. The net worth of the Northern Virginia family, which owns Snickers and M&M's maker Mars Inc., was estimated at $14 billion. The confidence grade was "B."
Next on the list were William E. Conway Jr. and Daniel D'Aniello, McLean residents who co-founded The Carlyle Group, a global private equity firm. Each man's net worth was estimated at $2.5 billion with a confidence grade of "C," which is the magazine's best guess based on public information and comparisons with other similar companies in the same industry.
There were nine billionaires listed this year, the same as last year. This year the minimum net worth to make the list was $42 million. Last year it was $45 million.
Well-known names on this year's list include former Virginia governor and current U.S. Senate candidate Mark Warner (estimated net worth: $200 million) and the Rev. Pat Robertson (estimated net worth: $175 million).
Bill Freehling: 540/374-5405