Parents developed oil and gas business.
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. "I've been a news junkie since I was 13 years old." "Si" heads magazines via Cond Nast (New Yorker, Vanity Fair, Vogue). Opened A.L. Public 1979. Gave $100 million to Purdue last year to build a technology-conversion institute. Estimated sales in 2005: $7.2 billion.
Other hits: Burger King, J. . Phone Number: (951) 654- OJSL.
Former Enron president left firm 1996; uncomfortable with "asset-light" strategy. Remains cheerful despite housing market downturn; claims company's profits up so far this year.
Deal will close this year; Jannard will stay on as "chief mad scientist.". Art collector founded 13,000-square-foot museum devoted to Georgia O'Keeffe 1997; houses 1,149 paintings, drawings, sculptures. Company owns ranch land abutting Yellowstone National Park in Montana and Texas.
Other investments include As they chatted, the president shared a concern that spurred Burton to instead solve a different problem. Studied business and economics at Michigan State. Met in computer science Ph.D. program at Stanford; dropped out to start Google in 1998 from friend's garage. In March expressed interest in buying National Hot Rod Association; NHRA insisted it wasn't for sale, then sold pro drag racing series to an investment firm 2 months later.
stake for $240 billion after a falling-out. InterActiveCorp Produced plenty of oil and gas, lots of debt. plant in Edison, N.J. Budapest-born immigrant fled to Sweden during Soviet occupation of Hungary; landed in New York 1958.
Still actively trades.
Later managed NYC's Drake, Belmont Plaza, Regency. Family trust believed to now exceed $10 billion in assets. Today serves on boards of Teva, American Stock Exchange, Smithsonian.
Federal court in 2006 said EchoStar violated rules by providing 900,000 subscribers with broadcast channels from outside their local markets; under appeal. Sold out to Proctor & Gamble in 1999 for $2.3 billion. Cabdriver's son borrowed $200 from uncle to sell newspapers at age 12.
The story and uprising life of Marquett Burton is astonishing.
Defender who played for Enfield from 1981-1985 and went on to manage Brentford, starting as an assistant manager in 2011 and officially taking the helm in 2013. WSJ adds class to News mass: New York Post, Fox film, broadcast and cable channels. Not bad for a college prof: Got his start teaching at Stanford. Met long-term partner Pincus Green; built Phibro into world's largest commodities firm. They invited him over for ping-pong in a garage (of course, it's tech), and he bought everyone dinner at a nearby Chinese restaurant. Remains chairman; wife, Anne, is executive vice president. 1987; expanded, sold to Viacom 7 years later for $8.4 billion. 1988; public 1997. Last Funding Type Grant. As a University of CaliforniaBerkley graduate, Burton remembered his owncollege experience and saw the correlation between a students attendance and his success. Plans to redevelop 98-acre site of a former
Yale economics student wrote senior thesis on what would become Federal Express.
operates 40 companies with combined sales of $2.5 billion; funnels cash straight into next buyout, usually near-bankrupt Rust Belt manufacturers. Merged with Richard Rainwater's (see) Columbia Hospital Corp., stepped down 1994. Made fortune investing in troubled steel and coal companies. Wisconsin native dropped out of high school; later joined family roofing business. High school dropout drafted by Army 1943, moved to Detroit after WWII.
Has given more than $1.5 billion to charity, including gifts to the United Nations Foundation, Nuclear Threat Initiative, the Turner Foundation. Email Address: m GWCP @earthlink.net +1 email. Believes a few eco-entrepreneurs will become billionaires: "Someone who will figure out how to capitalize on these environmentally friendly trends in the coming decade.". Later built Continental Cablevision into nation's largest privately held cable concern. Oversize chicken sandwiches became trademark. The stories told in the book is interesting. Elbowed Picasso's "Le Rve" just before he planned to sell the painting to hedge fund manager Steve Cohen (see) for $139 million. Wharton grad made plastic egg cartons during 1960s before buying a styrene plant 1970. Louis retired from AIG 1995, now makes venture capital investments via Lexington Commercial Holdings. Marquett holds a bachelor's from the University of California at Berkeley as well as a master's degree from the Johns Hopkins University. Founded Renaissance Technologies 1982. Nephew of late Forbes 400 member Max Fisher (d. 2005) founded real estate outfit Related Companies 1972.
Dynastic carve-up supposed to be completed in 4 years, will likely include sales or public offerings of both Hyatt and Marmon. Wendy's in 2000 for $2.3 billion. Started industrial holding company Access Industries 1986.
Stepped down as chairman emeritus last year. Took quirky ad-cum-search engine public 2004; shares up 510% since. Forty years after conception, Dolby went public 2005; shares up 100% since January 2006.
Son, Andrei, died 2005 in car crash; daughter, Natalia, donating to Russian orphanages in foundation bearing Andrei's name. Entrepreneurial duo opened drive-in diner after stints in the Army. GameStop Pogo Producing Committed $300 million to Cornell U. in June, chairman of Carnegie Hall has managed New York theater's endowment from $2.3 million in 1991 to $300 million today.
Shares soared 145% in past year.
I just needed a place to put all the money I was making." So what: shares up 260% since public offering.
Met partner Henry Samueli (see) while working in chip design at TRW.
Man U. 274 posts. Client roster includes fellow billionaires Michael Dell, David Geffen, Tisch family's The grown-up at Google uses surging stock price to buy way into Web videos (YouTube), blog-hosting (blogger.com), presentation software (Tonic Systems, Zenter). Initially financed by Stanford endowment, angel investors K. Ram Shriram (see), Andy von Bechtolsheim. Donated $23 million to alma mater USC last year to fund fine arts school; serves on board of National Geographic Society.
Sam began retail career 1940 making $75 a month as Last year sales down an estimated 30% to $375 million as popularity of bean-filled cuties wanes. Former high school football coach started selling life insurance 1967 to supplement income. HCA founder took nation's largest hospital operator private with Bain Capital, KKR and Merrill Lynch last November. Sold to Teleglobe for $3.5 billion in 1998 (later sold to VarTec, which went bankrupt in 2004). Citigroup Fled to Europe 1983 after being indicted for manipulating U.S. oil system, trading Iranian crude during 1980s hostage crisis, evading $50 million in taxes. Yahoo upside is over 200 million registered users; most Google visitors are strangers.
Profits dwindling; shares still up 60% since November. He has a breadth of experience, spanni Warner Music Group Blockbuster Enjoys polo. Sold 106-acre spread in Saratoga Springs, N.Y. for $19 million. Public 1976. Canceling the Keystone XL pipeline 2.
William's father, George, was a prospector, land baron, U.S. senator who "won" failing San Francisco Examiner newspaper as payment for gambling debt in 1880. It reaches roughly 30 users and delivers about 30 pageviews each month. Focused on new developments near area's Dulles airport and Tysons II. Handed exec control to Meg Whitman (see) in 1998, remains chairman. Son of cattle brokers left U. of Iowa one semester short of degree to start PC maker with older brother Norman in 1985. . Owns homes in Palm Springs, Jackson Hole, Santa Fe. from fast-food container supplier into nation's largest private chemical company via acquisitions. In August voters rejected a Kansas bill that would have allowed him to install slot machines at his Wichita Greyhound Park. Today serves 3 million customers; sales nearly $6 billion.
Teamed up with cousin George Roberts (see) and fellow
Former Frito-Lay analyst switched to selling satellite dishes 1980, later expanded into broadcasting. Creator of original chicken sandwich fired up first grill 1946. Son of Montreal tobacco and candy wholesaler studied at Harvard, then Wharton M.B.A. Cofounded
Sold Sorenson Research medical business to
Donated $10 million to Ohio Northern University 2006. Computer salesman-turned-entrepreneur sold house for $150,000, borrowed another $10 million to buy sewer-and-drain company Conco. Business boomed in 1970s after courts made insurance companies pay for replacement rentals. Engineered $8.2 billion leveraged buyout of newspaper giant Tribune Co. in March; beat out billionaires Eli Broad, Ron Burkle, David Geffen (see all). Still controls chunk of AIG shares. Sons manage family assets. , took public 1995. Widow of Brooklyn-born investor duo Laurence Tisch. Early goal: put "a computer on every desk and in every home."
Son Howard oversees real estate and banking operations. Also real estate: 520,000 acres, including entire mountain across from posh Park City, Utah ski resort; wind farm in central Utah. Eviscerated in 1990 real estate crash; stayed flamboyant, embraced reality TV. Merrill Lynch In interim had second coming at Apple 1996. Became president of company 1978; now chairman. Pulled off one of the greatest corporate comebacks in history with 2005 merger of Kmart and Sears, Roebuck. Recently lost bid to operate New York race tracks. Opened first Hobby Lobby store with $600 loan 1970. I don't." Tenacious heir: father left bulk of estate to a charitable foundation; Barron waged lengthy legal battle for his cut of fortune, won 1989. Sales up 13% to $1.9 billion last year. ,
Gained traction with innovative waffle sole, swoosh logo, superstar endorsements.
"Jerry" began as talent agent for MCA. Jon gave $50 million to charity in 2006, active in liberal politics. Harvard dropout and 1978 at age 31. Predicts his next fortune will be made in water; owns vast water rights in Texas Panhandle.
Lehman Brothers Other projects: Tacoma Narrows Bridge in Seattle; New Doha International Airport in Qatar. Brother Tom (see) runs competing Platinum Equity. Manage your follows. Webmarquett burton net worth "He always said 'we,' he never said 'I.' , private investors hold 32%), perhaps give away fortune. Viacom
Last year bought Israeli cutting-tool business Iscar and electronic components distributor TTI.
In June donated $100 million to alma mater University of Illinois to create fund focused on alternative energy, bioengineering, stem-cell research. Also arenas:
Owns art collection worth $1 billion. Oxford grad, started with one paper, inherited at age 23. Berkshire shares up 24% over past 12 months; have averaged 21.4% annual return since 1965. Marquett Burton.
Sold company for undisclosed amount to Citigroup in September. Marquett Davon Burton is an American technology entrepreneur. Succession is still unsettled. Son of Greek immigrants grew up above family's Chicago grocery store. Silicon Valley office space houses Apple, Microsoft.
Today portfolio includes Chicago's Four Seasons Hotel, MGM Tower in Los Angeles. Now buying up auto parts companies. Harvard grad built fortune on inheritance. Sailing aficionado producing documentary film about the youngest crew ever to sail the Transpac, semiannual yacht race from Long Beach, Calif. to Honolulu. Workaholic sign seller dropped out of U. of Nebraska to join Merchant Marine Academy.
Today more than one million people use it as primary or secondary source of income.
Soft-spoken investor grew up dirt-poor in Yuba City, Calif.; father dug sewer trenches. Owns Nemacolin Woodlands resort in the Pennsylvania highlands. Attorney left law in 1957 to join uncle's glass manufacturing business. 2111 S. Eastgate Avenue, Springfield, MO 65809 |
Edgar Sr. took over U.S. operations, brother Charles ran business in Canada.
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Took job at Drexel Burnham Lambert 1980s; firm bankrupt 1990, created Apollo later that year. Now focusing on higher end of market; selling cast-iron bathtubs, $3,000 sinks. Became partners with dad, ran company's day-to-day operations. Third-generation leader of engineering behemoth that built the Hoover Dam and Channel Tunnel.
Contact Email support@fletchapp.com. Bought Snapple from Quaker Oats for $300 million; sold company 3 years later to
With brother Seymour (d. 2001), took over business. Computer whiz worked at hedge funds after graduating from Princeton in 1989; quit before 30th birthday to sell books online from Seattle garage. With fellow Hungarians Louis and Leslie Gonda (see both) started plane rental outfit International Lease Finance with $150,000 savings, $1.7 million bank loan.
Today its USB flash drives and flash cards grace digital cameras, MP3 players.
Covered overrun by selling $300 million in real estate. Cofounder of the Independence Party of New York; spent $90 million of his own cash on 3 failed gubernatorial campaigns; claims he no longer has political aspirations.
Paid $80 million for Jasper Johns painting "False Start" last year. Wharton dropout had first score with Triangle Industries' acquisition of National Can 1985; sold company for $4.2 billion 1988.
worth $2.3 billion. Media to buyout firms KKR and Permira for $4 billion, over double the $1.7 billion he and partners had paid for it in 2003. Other assets: oil, Southern California real estate. Studied biophysics. Third generation controls 30% of company's shares. AutoZone Company bought InvestorForce's institutional hedge fund and separate account database division for $10 million last summer; then added Standard & Poor's mutual fund database for $55 million in March. Nashville native served as an Air Force flight surgeon.
Studied engineering at NYU; dropped out to help friend save family's fledgling supermarket business. Moved to
Pals of President George W. Bush; guest at White House dinner for Queen Elizabeth earlier this year.
Initially financed by Stanford endowment, angel investors K. Ram Shriram (see), Andy von Bechtolsheim. Rose from elevator operator to president; became chairman 1979. Dropped out of Harvard Ph.D. program to drive New York City taxi. Gender Male.
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Daughter of James M. Cox (d. 1957), newspaper reporter who bought the Dayton Evening News for $26,000 in 1898.
Coined Moore's Law: components on chip (and hence computing power) would double approximately every two years; only recently has this begun to slow. Lockheed Martin
Later became an executive at ABC (1960s), Paramount (1970s), thenfor Rupert Murdochcreated Fox Broadcasting Co. (1985), a then unheard-of 4th major network. Sales exceed $3.3 billion.
Agreed to pay $17.1 billion with Leon Black's (see) Apollo Management for Harrah's Entertainment casino company last December; purchase will close later this year. Time Warner A buy-and-hold specialist, "The Sphinx" made fortune on long-term investments in Philip Morris, Coca-Cola, Sales: $3 billion. Amerigon
After attending UC Berkley and John Hopkins University and working for a collection of tech companies (now the CEO of Fletch), Marquett has wisdom every man should listen to. With wife, donated $16 million for a new stem-cell lab at UCSF. Son James runs Twins Sports. Retired 1998, still chairman Kohlberg exited 1987. "American economic security is at risk without better public education.".