Elton John, Giorgio Armani, and Miley Cyrus are just a few of the country’s richest people, and they share another similarity: they are all part of the LGBTQ+ area.
Here is a listing of some of the richest LGBTQ+ entrepreneurs and businessmen, and their documented net worth.
Elton John
Pop royalty Sir Elton John, who wears iconic stage costumes, has an impressive net worth of $550 million.
The queer songwriter, pianist, and composer has been open about his battles with his gender, and has also shared the struggles he and his partner, David Furnish, have faced in adopting kids. Zachary and Elijah Furnish-John are their two children.
After falling at his mansion in Nice, France, the multi-award-winning music star was taken to the Princess Grace hospital in Monaco to receive treatment for minor injuries in August 2023.
The star also bid his final farewells to Glastonbury Festival 2023 in June, where he performed some of his biggest hits, including “Bennie and the Jets” and “Crocodile Rock.”
Miley Cyrus
Queer music star Miley Cyrus, who was highlighted in the Forbes 30 Under 30 listing in the music group in 2022, has an estimated net worth of $160 million.
Cyrus has long been open about her gender, confirming it in a 2015 Variety article and revealing details about her sexuality in the years following, admitting she is bisexual.
This time, the two-time Grammy winner thanked her “main lesbians” for her iconic look at the 2024 Grammys as her hit song “Flowers” won Record of the Year.
Giorgio Armani
Legendary fashion designer Giorgio Armani is reportedly one of the world’s richest LGBTQ+ celebrities with an estimated net worth of $11.9 billion.
Armani, who recently made some questionable comments about his style in men, remains largely private about his personal life, but in a 2000 interview with Vanity Fair, he shared: “I have had women in my life and occasionally men.”
David Geffen
Co-founder of DreamWorks and an investor in Apple, David Geffen has an estimated net worth of $8 billion.
The 81-year-old billionaire became one of the first top business executives to declare his homosexuality in 1992, making him one of the first to do so.
Jon Stryker
John Stryker, who is president and founder of the Arcus Foundation, is one of the world’s leading philanthropic donors to the LGBTQ+ community, and his estimated net worth is an impressive $5.4 billion.
His Arcus Foundation, the top LGBTQ-focused grant-making organization in the United States, provides more than $17 million annually to organizations working toward social justice for LGBTQ+ people since 2013.
Stryker has been married to his husband, Slobodan Randjelović, since December 2016.
Jennifer Jenni er P Pritzker
Jennifer Pritzker, the world’s first and only out trans billionaire, has an estimated net worth of $2.2 billion.
Pritzker, who became transgender in 2013, is a former US Army lieutenant colonel and a member of one of the country’s richest families, who founded the Hyatt hotel group.
Due to state laws that discriminate against LGBTQ+ people, she said she would consider emigrating from Tennessee in 2021.
