CINCINNATI — Two prominent Cincinnati businessmen have been included in Forbes’ 2025 list of the world’s richest individuals, which features 2,933 billionaires globally. Mike Brown, owner of the Cincinnati Bengals, and August Troendle, founder and CEO of Medpace, are the only locals to make the prestigious list. The rankings were determined as of March 7, using stock prices and exchange rates from that date. It is important to note that the wealth of these individuals can fluctuate significantly due to market changes. This volatility was highlighted following President Donald Trump’s announcement of tariffs on April 3, which caused a sharp decline in global stock markets, with the S&P 500 dropping 4.8% on the same day, its steepest fall since 2020. As of Friday morning, the index had fallen an additional 2.5%. \n— new from WKRC
