NEW YORK – Five Minnesotans made the annual Forbes magazine list of the 400 richest people in the world:
> Glen Taylor: $2.7 billion. From his Mankato-based graphic commuications company Taylor Corporation. Owns Timberwolves, Lynx and Loons sports teams and the Minneapolis Star Tribune newspaper.
> Stanley Hubbard: $1.6 billion. Owns KSTP and other broadcast properties.
> Jeffrey Michael: $1.2 billion. From his healthcare technology company Corvel.
> Martha MacMillan: $1.2 billion. Inherited from the Cargill food company fortune.
> John MacMillan: $1.2 billion. Inherited from the Cargill fortune.
Wealth indicators
Forbes relies on extensive research of court documents, like probate and divorce papers; of corporate reports from publicly traded companies; and hundreds of other indicators. The lists were stated in 1982 by Forbes publisher Malcolm Forbes and updated and refined annually.