California's economy may be hurting, but Forbes magazine, in its latest listing of the globe's 1,226 billionaires, says that 100 are Californians.
Standing at the top of the California billionaires is Oracle Corp.'s Larry Ellison at $36 billion, the world's sixth richest person and third richest American behind Bill Gates and Warren Buffett. Mexican media mogul Carlos Slim and his family top the global rankings at $69 billion.
The California list includes Meg Whitman, the Republican candidate for governor in 2010, who ranks 913th globally with a fortune estimated at $1.4 billion, about 10 times what she spent on her unsuccessful gubernatorial run. The poorest of the 100 California billionaires, No. 1153, is Charles Munger, a Los Angeles lawyer who is Buffett's business partner and whose wealth was tabbed at $1 billion.
Munger has shared his wealth with his children.
Charles Jr. is a Republican scientist at Stanford University who bankrolled successful ballot measure campaigns to shift legislative and congressional redistricting from the Legislature to an independent commission.
Daughter Molly is a Democrat who is spending heavily this year on a ballot measure that would raise income taxes and devote proceeds to education.