Local billionaires represent

Not all Florida billionaires live in West Palm or Miami.

The Gulf Coast has its shares of billionaires, too, according to Forbes magazine's recently published ranking of the top 400 wealthiest people in America in 2014.

Shahid Khan of Naples, with a net worth of $4.5 billion, tops the list of the wealthiest residents on the Gulf Coast. He's the owner of the Jacksonville Jaguars football team. Born in Pakistan, Khan made his fortune in the auto-parts business. Khan is ranked 110th in the Forbes 400.

The Gulf Coast runner-up is another Naples resident: Reinhold Schmieding, the founder of medical-device manufacturer Arthrex, with a net worth of $3.4 billion. He's ranked the 155th wealthiest person in America.

Others on the list include Tampa's Edward DeBartolo Jr., the shopping center magnate ($3.1 billion); Best Buy Chairman and Bonita Springs resident Richard Schulze ($2.6 billion); Paychex founder and Naples resident Tom Golisano ($2.1 billion); Ashley Furniture Chairman and St. Petersburg resident Ronald Wanek ($1.9 billion); and Feld Entertainment Chairman and Sarasota resident Kenneth Feld ($1.8 billion).