Net Worth:

$2.0 billion +18%

Last year:

$1.7 billion

Age:

83

Residence:

Bel Air

Source of Wealth:

Investments

The Money:

Longtime friend of Charlie Munger, Booth invested $1 million with Warren Buffet in 1963 and owns 17,000 shares of Berkshire Hathaway stock. His holdings have increased by $20,000 per share over the past 12 months, and are now worth $1.8 billion. Has property, including ranches and orange groves, valued at more than $250 million.

Buzz:

Expanding Otis Orchards, now one of the largest independent orange growers in California. Has added more than 5,000 acres of orange grove and 4,000 acres of cattle ranch mostly in the Central Valley. Hired daughter Loren as the orchard’s general manager. Great-grandson of Times Mirror founder Harrison Gray Otis. Entered college at age 16, received engineering degree from Cal Tech and M.B.A. from Stanford. Stint as vice president of Los Angeles Times; left to start printing business that failed. Married to Lynn Hirsch, widow of Newport businessman Clement Hirsch. Enjoys fly-fishing and hunting and flies own Learjet.