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Skyline & The Back Street Horns

Forbes' Honorees

Davidson, Fisher and Taubman place again

on magazine's list of the wealthiest.

ALAN ABRAMS

Special to the Jewish News

T

the No. 200 spot on the Forbes list
of the world's richest people,
released earlier this year.
Davidson, who is married and has
two children, has made it a policy
not to comment on his Forbes desig-
nations.
Fisher told Forbes that he stayed
even in the current Wall
Street bear market,
adding, "I'm not a billion-

hree Detroit-area Jewish
communal leaders and
philanthropists have
retained their member-
ship in the elite 2002 Forbes maga-
zine listing of the 400
richest Americans.
William Davidson of
Bloomfield Hills is the
wealthiest Michigan
resident of the 400.
The 79-year-old
Davidson finished in
the No. 92 spot
nationally with a net
worth of $1.9 billion
Max Fisher of
Franklin, at 94 the
oldest on the list, is
No. 313. His net worth William Davidson
is listed at $750 mil-
lion.
A. Alfred Taubman
Close behind him is
A. Alfred Taubman,
also of Bloomfield
aire." His stakes in
Hills, who holds the
Comerica Bank were
No. 337 position. His
down from last year, but
net worth is given at
his holdings in Sotheby's
$700 million.
and Charter One were up.
Fisher and Taubman
Taubman, the former
both advanced up the
chairman
of Sotheby's, has
list from last year's
been trying to unload his
rankings.
stake in the auction
Fisher was No. 320
house. He was the largest
in 2001, but his net
Max Fisher
shareholder in the New
worth was then listed
York auction house that
at $800 million.
he bought in 1983. He
Taubman, who is 78,
still
holds
a 30 percent stake in
was No. 340 last year and his net
Taubman Centers. His son Robert
worth was then $770 million.
is Taubman Centers' chairman and
Davidson dropped from the No.
chief executive.
85 spot, when his net worth was
The senior Taubman is currently
$2.2 billion. He is the chief execu-
serving a year-and-a-day sentence in
tive officer of Auburn Hills-based
a federal medical center in
Guardian Industries Corp. and
Minnesota following his conviction
managing partner of the Detroit-
earlier this year on charges of fixing
Pistons basketball club and Palace
prices with rival auction house
Sports & Entertainment. He is also
Christie's.
the owner of the National Hockey
Taubman has maintained his
League's Tampa Bay Lightning.
innocence in the matter and,
According to Forbes, Guardian
Industries' sales were $3.8 billion
FORBES on page 66
worldwide. Davidson was tied for

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2002

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