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ARTHUR E. NICHOLAS
Co-founder of Nicholas-Applegate Capital Management; Founder of Nicholas Investment Partners
Estimated net worth $590 million
Arthur E. Nicholas, 65, moved up a position on the 2011 San Diego Business Journal Wealthiest list from the previous year even though his estimated net worth dropped by 8 percent from 2010. His ranking at No. 4 this year with a net worth of $590 million compares with his No. 5 ranking on the Business Journal's Wealthiest list last year with $640 million.
Nicholas acquired much of his wealth through...