DENVER – Billionaire investor Philip Anschutz has been replaced atop the list of richest Coloradans.
According to the Denver Business Journal, EchoStar founder Charlie Ergen increased his net worth by $1.3 billion over the past year, bringing his total net worth to $8.3 billion. That makes Ergen the 106th richest person in the world.
Anschutz, meanwhile, lost $500 million since last year’s rankings, giving him an estimated net worth of $7 billion, the Business Journal reported Thursday.
Anschutz ranks No. 133 on the world’s-richest list.