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DeBartolo siblings ranked on Forbes’ billionaires list

YOUNGSTOWN — Mahoning Valley natives, brother and sister Edward J. DeBartolo Jr. and Denise York, again rank on Forbes’ annual billionaires list.

DeBartolo, 75, a real estate magnate who founded Tampa, Fla.-based DeBartolo Holdings, a property development and investment firm, is No. 1,163 with a net worth of $2.7 billion.

York, 71, co-chairwoman of the National Football League’s San Francisco 49ers, and family rank No. 728 with a net worth of $4 billion, according to Forbes.

York’s family owns more than 90 percent of the 49ers, the NFL’s fifth-most valuable team, worth $3.5 billion, according to Forbes. Her father, Edward J. DeBartolo Sr. — property and shopping mall developer — bought the team in 1977 for $13 million.

She took controlling interest in the team in 2001 from Edward Jr., who found himself in legal trouble after owning the team for 23 years, according to Forbes.

Her oldest child of four, Jed, is CEO of the team and her husband, John, is a pathologist who founded DeYor Laboratories in Youngstown before selling it to Corning, according to Forbes.

DeBartolo Jr. is an NFL Hall of Fame executive and former owner of the 49ers during the 1980s and 1990s, when the team won five Super Bowls.

In 1998, DeBartolo pleaded guilty to not reporting a bribe from a Louisiana government official, according to Forbes. President Donald Trump pardoned DeBartolo in 2020.

DeBartolo also owns shares in Simon Property Group, which was created when Simon merged with the Edward J. DeBartolo Corporation.

Topping the list released Tuesday are Elon Musk, Tesla, $219 billion; Jeff Bezos, Amazon, $171 billion; fashion mogul Bernard Arnault, $158 billion; Bill Gates, Microsoft, $129 billion; and Warren Buffett, Berkshire Hathaway, $118 billion, according to Forbes.

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