Marilyn's son Curtis appointed chief operating officer in 2003, resigned this year; sued mom, aunt in May, claiming he was cheated out of chief executive position and his cut of profits. Was worth nearly $10 billion immediately following offering in June. Recently lost bid to operate New York race tracks. Tennessee farm boy spent childhood growing corn, raising pigs and dairy cows. Cashed out before all of them tumbled in bubble-burst. Silicon Graphics Press-shy mogul one of largest landholders in Malibu. Bristol-Myers Squibb Father reduced his ownership in 1995; Abby inherited a 24% stake. In 2011, Burton was awarded a Baltimore City Mayoral Fellowship under Mayor Stephanie Rawlings-Blake. Joined Berkshire board of directors in 2003. Sam began retail career 1940 making $75 a month as Went public 1997; shares up 63% in past 12 months. Went public as Nicholas unexpectedly quit as CEO in 2003; now company blames him for stock-options backdating. Conseco Later managed NYC's Drake, Belmont Plaza, Regency. George A. Miller Scholar Aging, active baby boomers boosting bottom line: net profits soared 21% to $778 million in 2006. Grandfather Fung Pakliu started distribution outfit Li & Fung a century ago in Guangzhou, China; sold porcelain, handicrafts. Filo runs tech. Fortune crushed after suffering 2 years of losses when tech bubble burst. Only child, William (d. 1951), assumed control in 1887, built nation's largest newspaper chain via sensational "yellow" journalism. Led 2-year battle to drive out longtime chief executive Michael Eisner; supported Eisner's successor, Robert Iger, in exchange for an office and an honorary title. Father, Perry (d. 2006), inherited family fortune created by oil baron uncle Sid Richardson 1959. U.S. Coined Moore's Law: components on chip (and hence computing power) would double approximately every two years; only recently has this begun to slow. Stepped down as Time Warner vice chairman in 2003, retired from the board last year; no longer owns Time Warner stock. Dropped out of Harvard Ph.D. program to drive New York City taxi. Secretive; believed to be giving portions of fortune to children. Closed 230 retail offices, fired 3,800 employees in 2006 after agreeing to pay $325 million to 49 states to settle predatory lending charges; additional wolfish lending allegations later surfaced. Marquett holds a bachelor's from the University of California at Berkeley as well as a master's degree from the Johns Hopkins University. Time Warner Paid $80 million for Jasper Johns painting "False Start" last year. Citigroup now one of world's largest financial services companies. Irwin has sold 13.5 million shares in past two years. Sold to Richard Rainwater (see); made name with attempted hostile takeovers of Gulf, Phillips, Unocal. Built media empire. Profited on Maybe Rupert Murdoch (see) should buy it. Acquired radio stations; sold to Clear Channel for $17.1 billion in cash, stock and assumed debt. Assets under management: $1.5 trillion. Nifty turnabout: sold 80% stake to Softbank for $1.5 billion in 1996, then bought it back for only $450 million 3 years later. Son of lighthouse operator emigrated from Greece as an infant; family settled in upper Manhattan. First in family to graduate from college; joined Air Force, piloted O-2 Skymasters in Vietnam. Tax-efficient philanthropy: donates buildings, office parks to foundations to sell or use. With about half of America's college students dropping out, Burton launched the Fletch App to reduce college dropout rates[4][5]. Founded W.L. YouTuber teaching mastery of wealth and relationships. 1962. Son of Koch Industries founder Fred C. Koch (d. 1967), MIT grad who invented method of refining gasoline from heavy oil. He began his teaching career at Booker T. Washington Middle School where he taught 6th . : newspapers (8 dailies), cable (Weather Channel), TV stations. Left Microsoft in 1983 to fight Hodgkin's disease. Today Hearst Corp. controls newspapers (San Francisco Chronicle, Houston Chronicle), magazines (Cosmopolitan, Esquire), cable networks (stakes in ESPN, Lifetime, A&E), TV, radio stations. Built riches on a marketing surprise. Iranian immigrant got electrical engineering degree at San Jose State, did short stint at Hewlett-Packard. Loves the vino: founded Napa Valley winery, also dubbed PlumpJack, in 1992. Son of Russian immigrants grew up in the Bronx. Took Wal-Mart public 1970, now world's largest retailer, with more than 7,000 stores in 14 countries; 1.9 million employees serve 176 million customers a week. Today Jackson Family Wines produces 5.2 million cases on 14,000 planted acres. Stumbled upon Chapter 11 proceedings of United Refining Company while trying to salvage Capitol. Bancroft family (and Dow Jones execs) succumbed after flirting with 21 other possible suitors; there were no takers. 1962. Worked as barber until Depression reduced clientele. Paid fine for exceeding campaign contribution limits in 2001; continues to fight IRS claim he used an illegal tax shelter. Made fortune investing in troubled steel and coal companies. Funds environmental, educational, medical causes. Created insurance behemoth Travelers Group through acquisitions, then merged with Citicorp in 1998. Brother Ronald (see) owns big stakes in Central European Media, Israeli TV; served as ambassador to Austria under Reagan. Became Google's "business founder" 1999 after Netscaper K. Ram Shriram (see) joined board. Sales approaching $12 billion. Devout Baptist keeps stores closed on Sundays, enforces strict Christian corporate code. John Doerr's (see) doppelganger at Kleiner Perkins studied engineering at Indian Institute of Technology, earned biomedical master's at Carnegie Mellon, M.B.A. at Stanford. Teamed up with cousin George Roberts (see) and fellow Studied civil engineering at Colorado State; went to work for father's employer, Kiewit Construction (now Peter Kiewit Sons'). Early riser drives himself to work, arrives at 5 a.m.; eats meals in company cafeteria. "To stand for something is to stand against something." -MDB. Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. Searching for more universities that will do the same; several have turned him down because of his strict rules as to how funds should be used. With son Louis (see) and friend Steven Udvar-Hazy (see), started International Lease Finance 1973; acquired, rented airplanes. Aon Corp. Company holds No. With Ronald Burkle (see), made failed bid for newspaper company AutoNation Managing $1 million of family's, friend's money by senior year. Now lords over natural gas transporter Southern Union; with family, owns stake worth $525 million. Dyslexic; opened the Charles & Helen Schwab Foundation for children with learning disabilities and ADHD in 1989. Launched business magazine Cond Nast Portfolio in April. New concept in home improvement appealed to pro contractors, do-it-yourselfers alike. Initially focused on building, financing low-income housing; moved into riskier luxury buildings in New York. For the first time since 1989 there isn't a Walton in Top 10 of The Forbes 400; Wal-Mart shares flat over past 12 months as bigger gainers passed by famously secretive children and daughter-in-law of Sam Walton (d. 1992). Started investing as a Harvard undergrad; read article in Forbes about Home Shopping Network, became interested in the stock market. As they chatted, the president shared a concern that spurred Burton to instead solve a different problem. Liberty Media with Lowry Mays 1972. But to succeed, you must manage it." Spouses stop bickering. Stock car maven attended first auto race at age 8; promoted events on dirt track in Midland, N.C. as a teen. Owns Nemacolin Woodlands resort in the Pennsylvania highlands. Paid $135 million for 1907 Klimt portrait last year, one of the largest sums ever paid for a painting. Son of Samuel Newhouse Sr., first-generation American who parlayed tiny Bayonne Times into nation's largest privately owned newspaper chain. Studied finance at Long Island U., went to work in commodities division of Merrill Lynch 1972. Son James, 34, runs BSkyB in U.K.; son Lachlan, 36, who quit in 2005 and stayed onboard, could yet return. With Ripplewood Investments chief Timothy Collins, bought Long Term Credit Bank of Japan in 2000. Grandchild of publishing legend William Randolph Hearst. Sun Microsystems Sold both properties to Tinkering with inhaled insulin via Pioneered big-box-store concept: stacked inventory on sales floor, let customers touch merchandise. Second wife of publisher Walter Annenberg (d. 2002). Reason: Murdoch's 60% premium. Founder and Executive: 2014: Sep 2020: Related Hubs. Bought Snapple for $135 million in 1992, sold 2 years later for $1.7 billion to Quaker Oats. Then Harvard Law. With partners bought real estate developer Irvine Co. for $337 million 1977. John closed pet-cloning business: "Not commercially viable.". Bought Chevy dealership. Man U. Son of beauty queen Este Lauder, who started selling face creams in 1946 with help of chemist uncle. Obsessed with due diligence, patience; disdains excessive executive pay. Father, Perry (d. 2006), inherited family fortune created by oil baron uncle Sid Richardson 1959. Lohan's latest flick, I Know Who Killed Me. Renamed Shinsei Bank, cut jobs, fixed balance sheet. 5 years later; lost lease 1950. Penny-pinching Frederik took helm following father's death in 1963. Supports Jewish causes with wife, Abigail, and Wexner Foundation. Bought Snapple from Quaker Oats for $300 million; sold company 3 years later to Recently opened new Canadian office run by refugees of Amaranth, the trading outfit bankrupted by $6 billion losing bet on natural gas last fall. Lawyer's son parked cars at racetrack in Monmouth, N.J. Summer job on Wall Street. Environmentalist Sam sent kids to alma mater, Cornell, before joining family business. He announces his coin on youtube (archive: https://archive.ph/U0CuH) . With brothers Frank and Lorenzo Fertitta (see both), taking gambling outfit Fees as high as 5% of assets, 44% of profits. Former Amkor general counsel awaits trial on insider trading charges. Running for mayor is cheaper; spent $85 million on reelection in 2005 ($11 million more than in first election 2001, despite 67% approval rating). stock to charity in July. Today owns millions of square feet of commercial and retail property, thousands of apartments. Today his Red Apple Group owns $500 million worth of property; New York's Gristedes grocery chain. 5 years later; lost lease 1950. Tycoon cashing in on the golden age of private equity: sold 18% stake in his Apollo Management for $1.2 billion to California Public Employees' Retirement System, Abu Dhabi Investment Authority in July. , Limited Brands Opening $500 million, 1.3-million-square-foot Patriot Place on land adjacent to Gillette Stadium; shops, hotel, office space. University of California, Berkeley Built media empire. Son of J.W. Served in South Pacific during WWII. Bought stake in 19-store video rental chain Took public in 1986, a day before Microsoft. Offered 50% stake of Newport News newspaper if he halted broadsheet's losses within a year; succeeded. Rival Guidant proposed $3 billion buyout in 2003; deal collapsed after new drug-coated stent produced dismal results. owns more than half the hotel rooms on Las Vegas Strip; shares up 140% in past 12 months. "What can I say? Later built cell phone outfit Metro Mobile, sold to Bell Atlantic for $2.5 billion 1991. Airplane junkie recently purchased a Falcon 7X jet. Became president of company's mutual fund division 2001. Now invests via Granite Associates: hedge funds, real estate, private equity, Time Warner stock. In 2015, Marquett landed in Forbes Magazine Burton with the launch of the WiNot app, which empowered those in apartments to monetize their wifi by sharing it with their neighbors. Sales now $1.8 billion. When son, Lee, died in plane crash 1976, hired John Brown (see) to run firm; deployed new sales force, cut costs. Public 1992. Kohler Co. Joined packing firm Rand-Whitney after marrying Myra Hiatt, daughter of founder. His father, Stanley Eugene (d. 1992), created one of first commercial airlines in U.S.; it went bankrupt. Enstar Group Skipped college to join Army. Ohio native still focused on real estate; developing $1.4 billion worth of apartments, shopping centers across the U.S. Other holdings: pizza, water pumps. Black Hills Active philanthropist interested in funding research on cures for diabetes and Lou Gehrig's Disease. Oakley Took public 1997. Son Edgar Jr. staged ill-fated entrance into Hollywood: sold off juice, nylons businesses, bought MCA/Universal for $5.7 billion 1995. nation's largest self-storage company: 2,100 facilities in 38 states and 7 European countries, 132 million rentable square feet. Took public 3 years later. Son of cable investor John Elroy McCaw. Turned 90 in September, attributes longevity to 5-mile walks. Now invested in titanium (Timet, Kronos), waste management (Waste Control Specialists), computer components ( public 2002; opened $2.7 billion Wynn Las Vegas megacasino 3 years later. Lost huge sums on far-off visions: $250 million on Interval Research Group (tiny sun-powered, wearable computers; shuttered in 2000); stake in Charter cable now worth $1.1 billion, down 85% since 2000. (No Ratings Yet) It can be set to a range of one foot to 150 meters. Smooth sailing for the admiral of world's largest cruise ship operator; shares of Oracle titan reshaping the software industry via acquisition; has purchased 19 firms for $12 billion since the beginning of last year. Recently signed Launched Polo with $50,000 later that year. Then Harvard M.B.A. "A total accident. Bought used garbage truck in 1962; discovered the power of repeat customers. Combined worldwide box office of all 6 Star Wars films: $4.3 billion. Plan to pass control of empire to Jay's son Tom, cousin Nick (see) and niece Penny (see) collapsed in 2001; family agreed to split empire 11 ways, drawing lawsuit by Robert's 2 youngest children, Matthew and Liesel. Today brother Charles lords over nation's largest privately held company: chemicals, pipelines, ranching, commodities trading, lumber, paper; also refining operations in Alaska, Texas and Minnesota. Built Settled for $1 billion. Left 1987, missed out on famed $25 billion takeover bid for RJR Nabisco. It reaches roughly 30 users and delivers about 30 pageviews each month. Christy: widow of John Walton (d. 2005) supports school choice programs for underprivileged kids. To boost value, split company into 2 year-end 2005: Viacom (Paramount Pictures, MTV Networks), Recently published self-help business book The Science of Success; claimed company would go public "over my dead body.". 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