50 Wealthiest: Edward Roski Jr. #20

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NET WORTH: $2.3 billion +4%

LAST YEAR: $2.21 billion

AGE: 73

RESIDENCE: Los Angeles

SOURCE OF WEALTH: Real estate, development

THE MONEY: Chairman and chief executive of industrial developer Majestic Realty saw modest recovery in real estate market. Minority owner of Los Angeles Lakers, Kings and Staples Center also saw small gains in sports holdings.

BUZZ: Roski still battling to land NFL team for Los Angeles. Sweetened his City of Industry stadium plan after rival proposal by AEG in downtown Los Angeles gained momentum. Now offering to hand over the site’s 600 acres to team in exchange for a share of franchise. Still focused on industrial development. Trying to build 500-acre industrial park in Bethlehem, Penn., a state where he’s personally donated more than $75,000 to politicians in last year, and where company has spent $700,000 plus on lobbying since 2009. Also has donated to national Democratic and Republican candidates in election cycle, including presidential candidates Tim Pawlenty and Mitt Romney, California Rep. Brad Sherman and House Speaker John Boehner. Vietnam vet has two Purple Hearts and climbed to base camps at Mount Everest. Wife, Gayle, is artist and arts patron. Her illustrations were displayed last year at Los Angeles County Natural History Museum’s new Dinosaur Hall.

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