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.
1) The E.W. Scripps Family
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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.
2) Leslie Wexner
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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.
3) The Gund Family
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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.
4) Jay Schottenstein/ The Schottenstein Family
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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.
5) The Epprechts Family
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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.
6) The Lindners
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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.
7) The Farmer Family
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The CEO of the Cincinnati-based company Cintas Corporation, Scott Farmer, and his family have a net worth of $2 billion, according to reports.
8) The Lewis Family
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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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