Cincinnati's Wealthiest Resident: Carl Lindner III

According to Forbes real-time billionaire tracking and historical rankings, the richest person in Cincinnati, Ohio is Carl H. Lindner III (often styled Carl Lindner III).

Profile

  • Role: Co-Chief Executive Officer & Co-Chairman, American Financial Group (AFG) (NYSE: AFG).
  • Net Worth: Estimated $2.7–3.5 billion (fluctuates with AFG stock; Forbes 2024: ~$3.1B).
  • Family Dynasty: Son of Carl Lindner Jr. (1919–2011), who built the Lindner empire from a dairy farm into a financial/insurance/convenience-store conglomerate (United Dairy Farmers, Chiquita, Great American Insurance). Carl III and siblings (S. Craig Lindner, Martha Lindner, Courtney O'Neil, Carl Lindner IV) hold controlling interest via Lindner Family Holdings.
  • Education: University of Cincinnati (did not graduate); honorary doctorate 2011.
  • Civic Leadership: Major philanthropist (Lindner Family Foundation)—UC Lindner College of Business, Cincinnati Children's Hospital, Cincinnati Zoo, arts institutions. Minority owner, Cincinnati Reds (since 2006).

American Financial Group (AFG) Snapshot

  • Founded 1872 as German Mutual Fire Insurance; Lindner family control since 1970s.
  • Specialty property/casualty insurer: niche markets (equine, trucking, aviation, agribusiness, executive liability).
  • Annuity subsidiary: Great American Life Insurance.
  • Market cap: ~$11B; 7,000+ employees; HQ: Great American Tower, 301 E Fourth St, Cincinnati.

Other Notable Cincinnati-Area Billionaires (Forbes)

  • B. Brett Finlay (Cintas founder, Scott's Crossing, KY – metro adjacent) – ~$3B.
  • John & David Mehas (Tasti-Brands, snack foods) – ~$1B+.
  • James J. Gardner (Gardner Inc., logistics) – ~$1B.

Note: Many ultra-wealthy Cincinnatians (e.g., Procter & Gamble heirs, Kroger descendants) hold wealth via trusts/family offices not fully captured in public filings. Lindner III is the most visible, actively managed, locally headquartered billionaire.

If you're in Cincinnati, look up at the Great American Tower (Tiara) at 4th & Vine—that's the Lindner family's vertical signature on the skyline.

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