Marriott Sr. (d. 1985), who started root beer stand Hot Shoppe 1927; expanded into catering, restaurants. Took control of Loews Theatres 1959; varied interests now include watches (Bulova), tobacco (Lorillard), oil drilling (Diamond Offshore), natural gas pipelines (Boardwalk). Met partner John Sall (see) as a graduate student at North Carolina State. Aging, active baby boomers boosting bottom line: net profits soared 21% to $778 million in 2006. Started as an international finance attorney, moved on to invest with Robert Bass (see). Pardoned by President Clinton 2001. , spent time in product management, personnel; ran manufacturing section and surgical instruments division. Also dolls: recently released Ty Girlz can be registered online to allow kids to shop, take vacations virtually. Nation's most beloved investor is $6 billion richer this year despite handing over $2.1 billion in Yale economics student wrote senior thesis on what would become Federal Express. Parents fled Poland for America weeks before Nazi invasion. Vista, Windows overhaul, released to mixed reviews. Emigrated from Korea to U.S. 1955, started Amkor Electronics 1968 as U.S. sales and design partner of father H.S. In 2011, Burton was awarded a Baltimore City Mayoral Fellowship under Mayor Stephanie Rawlings-Blake. Today backs Indian, U.S. tech outfits: 24/7 Customer, Bought New Frontier Hotel and Casino, 41 acres of land on Las Vegas Strip for $165 million in 1998. Duo split 1981. Today Sobrato Development owns and manages 100 buildings in Silicon Valley, 8.5 million square feet of commercial space, 8,500 residential units; another 400 acres ready for development. Earned Ph.D. in electrical engineering from MIT, stayed on faculty. earlier this year. Because of his dedication, he has achieved great achievements. Assets have swelled from $28 million to $34 billion in 20 years. Heinz Also has noncontrolling stakes in Now chief of wireless Rising oil prices squeezed profits; forced to give up 49% of firm to settle debts with creditors. Collects wine and maps. Apple Public 1976. Lehman Brothers Hewlett-Packard Learned lumber business from father, Joe Hardy, who opened first lumberyard 1952; founded 84 Lumber in 1956. Initially focused on building, financing low-income housing; moved into riskier luxury buildings in New York. Today publicly held holding company, Today its USB flash drives and flash cards grace digital cameras, MP3 players. and Triad Financial (auto finance), McMoran Exploration (oil and gas). Began offering chewing gum instead of baking powder. Company renamed Penske Auto Group in July. David Sun: moved to U.S. from Taiwan 1977, worked as chief engineer at Alpha Micro. Now invests via Granite Associates: hedge funds, real estate, private equity, Time Warner stock. Brought in "professional management" (Tim Koogle in 1995, then Warner Bros. chief Terry Semel in 2001). Founded Ivax the following year; sold drug giant to Teva Pharmaceuticals for $7.6 billion in 2005. Former used-car salesman bought Marquette Bank in 1955, sold to Wells Fargo for $1 billion in 2001. Acquired stakes in newly privatized Russian companies. Son of Samuel Newhouse Sr., first-generation American who parlayed tiny Bayonne Times into nation's largest privately owned newspaper chain. Earned $550 million in salary and bonus in 1986. Former scientist Buck fronted family friend Fred DeLuca (see) $1,000 to open Pete's Super Submarines 1965. Also arenas: pritzker (d. 1986), who, with sons Jay (d. 1999) and Robert, created industrial conglomerate Marmon (sales: $7 billion) and hotel chain Hyatt (735 hotels worldwide). Early riser drives himself to work, arrives at 5 a.m.; eats meals in company cafeteria. Estimated sales: $90 billion. Green's the thing now, says this renowned venture capitalist and vegetarian. Australia-born, U.S.-naturalized tabloid titan pays too much, then makes it work. Owns stakes in pro basketball's L.A. Lakers, hockey's L.A. Kings. Took refining innovation to Soviet Union 1929; returned home 1930s, became fervently anticommunist. 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. Owns pro hockey's Boston Bruins; became NHL chairman in June. Daughter, Jo Ann Taylor Kindle, is president of charitable Enterprise Rent-A-Car Foundation. Sports fanatic tried out for 1964 U.S. Olympic hockey team; owns Triple-A Buffalo Bisons. Uncle Samuel Slover arrived in Virginia 1900. Launched cable biz with $1,500 in 1956: built 5-channel system in Liberty, N.Y. Carnival Chairman of Juilliard donated 140 original musical scores, sketches by Bach, Beethoven, Brahms, to school last year. Brother Leonard Lauder (see) took company public 1995; son William now chief executive. As of 2021, Afrojack's net worth is estimated to be $60 million. Sales: $3.7 billion. Son Robert is chief executive of Pepsi America. Severed ties with his buyout company after the discovery of fraud and conspiracy at the commodities brokerage. Sold houses as a student at Santa Clara U. 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. New Trump Soho condo hotel development recently announced. Leonore: Stanford grad, U.S. Chief of Protocol under Reagan. Former MIT professor got rich on wireless patents. real estate investment trust owns 23 malls in 11 states. Calamos Asset Management Partnering with Google to better focus ads: E-Trade targets stock traders by demographics and region; company pays only when a viewer watches a spot. Construction worker's son built computer from scratch as teenager; invented an unbeatable tic-tac-toe game that won him a scholarship to MIT. Signed exclusive deal with Wimbledon to dress umpires, ballpersons in French navy RLX Tennis duds; last year was first time umps didn't sport green in tennis tourney's 129-year history. Traded futures at brokerage CBWL-Hayden Stone; left after feud with boss. Wilma transferred large chunks of stock to sons soon after his death in 2003. Net Worth: $59.0 billion Harvard dropout and Microsoft visionary preparing to give up day-to-day involvement in company he cofounded 32 years ago to spend more time focused on his philanthropic. 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). Born in Paris on the eve of WWII; family moved to Montreal, then California late 1950s. Tough job: Yahoo (market cap $31.2 billion) is only one-fifth value of Google; in 2004 they were neck and neck at $52 billion apiece. Marquett Burton is CEO and cofounder of Fletch; a college retention app that empowers students to invite any classmate to a study group with just 3 taps on their phone or get quick answers around the clock. Dropped out of college to flip burgers. ) 1996. Dropped out of U. of Kentucky to follow passion; flew Pan Am planes for 10 years. Beetle enthusiast has one of largest collections in world: 160,000 specimens. Onetime owner of Minnesota Vikings cashed out in 2005, selling team for $600 million and netting $350 million profit. Sold land at busy intersections to oil companies to set up gas stations. Chicago native studied physics at U. of Chicago; didn't graduate. Tata Consultancy Services Tinkered with idea of selling stake in company to outside investors this spring; put on hold after markets turned downward this summer. Hired former So what: shares up 260% since public offering. Sold minority stake in Hyatt to private equity firm Madrone Capital (owned by the Walton heirs) and Goldman Sachs for $1 billion in August. Developed Java technology at Mormon missionary in New England, then Upjohn salesman 1946. Planning to turn some of his ground into residential developments. Kao: Garmin chief executive; donated $17.5 million to U. of Tennessee for science and engineering research. Net profits last year: $1.1 billion. Founded Moore Capital in 1989; returned 86% in first year on savvy bet that Gulf war would drive up oil prices. Company owns ranch land abutting Yellowstone National Park in Montana and Texas. Son of Brooklyn developer borrowed heavily, built big, lived large, became a billionaire during 1980s. . Today ABC Supply largest supplier of roofing and siding materials to professional contractors in the U.S. with 404 stores. Funded U. of Michigan's William Davidson Institute; nonprofit group researches emerging market companies. . ProSiebenSat.1 Founded Professors and teachers are already very busy, so we made it so that they don't have to learn a new technology, Burton says. Founded W.L. 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. Reinvests profits in Nextel satellite networkthen it all collapses in telecom crash of 2000. Hobbies: reading newspapers, donating to educational causes. Sales: $10.5 billion, net margins 30%. Estimated sales in 2005: $7.2 billion. "Bob" studied at Columbia U., then Harvard Business School. Today owns millions of square feet of commercial and retail property, thousands of apartments. Poultry executives approached Cathy with discounts on leftover chicken breasts too big for Delta meal trays. Bancroft family (and Dow Jones execs) succumbed after flirting with 21 other possible suitors; there were no takers. Save my name, email, and website in this browser for the next time I comment. Stepped down as Time Warner vice chairman in 2003, retired from the board last year; no longer owns Time Warner stock. 1991, using Nicholas' spare bedroom to design high-speed telecom chips. Began pushing all-purpose cleaner to friends, strangers, door-to-door 1959; today more than 3 million salespeople generating $6.3 billion a year under Alticor name. Gateway, peak $30 billion market cap year-end 1999, sold to Acer for $710 million in August. With brother James opened chain of general stores in Bentonville, Ark. Founders stepped down from daily management 2004. Owns 20% stake in pro basketball's Seattle Sonics. Paid fine for exceeding campaign contribution limits in 2001; continues to fight IRS claim he used an illegal tax shelter. Pair started first memory-chip shop Camintonn 1982, sold 4 years later for $6 million, then formed Kingston. Goodnight owns two-thirds, Sall the rest. "Why restrict the best and the brightest people from coming into your country?" ) for stock and cash 1989. Landmark Communications Ads remain the driver of the high-profit search engine, posting 99% of sales, now past $10.5 billion a year. Owns ranches on 20,000 acres on Fort Worth's Barnett Shale. Simon Property Group Wife runs Mathile Family Foundation. Specter of options backdating still hangs; SEC stops at CFO, new ex-pal Fred Andersonwho blames Jobs. * Note: these are all the books on Goodreads for this . Donates to educational, cultural institutions. Sales: $10.7 billion. Long-running fraternal feud over deal settled 2001. Renamed Shinsei Bank, cut jobs, fixed balance sheet. In August voters rejected a Kansas bill that would have allowed him to install slot machines at his Wichita Greyhound Park. Frequent panelist on Sunday morning chatfest The McLaughlin Group. Firm has raised, invested $27 billion across 6 private equity funds. Assets under management: $28 billion. Took public 1996. Pecks out weekly blog with thoughts on leadership, BBQ sauce recipes. Son of poor preacher worked at local 5-and-10 store in high school. Today boasts 13.5 million subscribers, gaining on Shuns public markets: "The notion of selling hedge funds is ridiculous." Built publicly traded holding company Valhi with hostile takeovers. Brin emigrated from Russia, Page grew up in Michigan; both sons of professors. Sells it to Disney 20 years later for $7.4 billionwith a "B"thanks to heavenly hit list (Toy Story, Monsters Inc., Finding Nemo, The Incredibles). Batten studied at U. of Virginia, then Harvard M.B.A.; became publisher at age 27. Parents Donald and Doris founded music-and-jeans store the Gap in San Francisco 1969; opened 6 new stores in first year. Reason: estate planning. Reward and punishment occur during life. Less than two years after launching Fried Design Company, Josh Sullivan was ready for his next business. Sold real estate investment trust Equity Office Properties to Stephen Schwarzman's (see) Blackstone Group for $39 billion cash in February. Outdoorsman chairs the Nature Conservancy. Widow of Brooklyn-born investor Preston Tisch. Started Penske Corp. 1969; distributor for GM's Detroit Diesel. Today's episode will mainly focus on what you need to become a high-value man in 2021, a trait that EVERY man should aspire to become.#MarquettBurton #Freshfit #freshandfit #freshfit #Freshnfit #freshnfit #FreshandfitPodcast #freshandfitpodcastOur Goal is to help men navigate women, finances, and fitness. Nancy inherited large stake after Bud's death 1995. Same month closed deal to buy controlling stake (with partners) in A. Jerrold Perenchio's (see) Spanish-language broadcaster, Univision, for $13.7 billion. Anne inherited family's land, earnings, oilfields upon death of her mother 1980. Sales: $4.7 billion. Assets: $15 billion. Cable pioneer founded network that became Home Box Office; traded channel with the old Time Inc. for a cable company with 1,500 Long Island customers 1973. Lifetime charitable donations approaching $1 billion. Sid: known to invest with brother Lee (see); billions of dollars held in Cayman Islands investment accounts. Formed Mom, Helen, passed away April; matriarch's fortune to pass to charity over next few years. Aids right-wing policy via think tank Heritage Foundation; also supports Center for the Study of Popular Culture. Owns stake in Staples Center arena with Philip Anschutz (see); also stakes in pro basketball's L.A. Lakers, hockey's L.A. Kings. "A total accident. Founded Blue Star hedge fund of funds in 1999. Started Chief Oil & Gas decade later. Raised by grandmother: "Do the best you can every day." Opened Ben Franklin 5-and-10 store in Newport, Ark. Son Howard oversees real estate and banking operations. Marquett Davon Burton is an American technology entrepreneur. Owns stake in basketball's Seattle Sonics, cattle ranches, feedlot operations. Transformed from Hollywood mogul to Internet maven in past decade. Purchased licorice maker MacAndrews & Forbes, used as a holding company for buyouts. Today company is nation's third-largest private landowner with more than 1.8 million acres of timberland, mostly in California. Last summer agreed to buy 41% of Evraz, Russia's largest steelmaker. ConocoPhillips Grandchild of publishing legend William Randolph Hearst. The , owns stakes in cable (QVC, Encore, Starz), cell phones (Motorola), online retailing ( Opened first Hobby Lobby store with $600 loan 1970. 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. Failed to land board seat with cell phone producer Motorola in May; initially demanded company chief Ed Zander buy back shares, now pushing for cost cuts, reorganization. Changed the way casinos do business by enticing conventioneers to Sin City midweek, taking emphasis off gambling. This year donated $15 million to "Newseum" in Washington, D.C.; $30 million to the Eisenhower Medical Center. Sold publishing empire to Rupert Murdoch (see) for $3 billion in 1988. Last fall began producing The Rachael Ray Show; Food Network sweetheart's gabfest already garners 2.3 million viewers a week. "Meg" steered company through Internet boom, then bust, by sticking with loyal trading communities and original goal: "create an environment in which ordinary people could be successful." Owns pro basketball's Orlando Magic; with wife, Helen, has donated more than $400 million to health, education, the arts. "We do not grow larger by making others smaller." -MDB. Still owns large stakes in Founded Wrigley Company 1891; introduced first spearmint chewables 2 years later. Public 1983; sold to American International Group 7 years later for stock. Cofounded Kaufman & Broad with $25,000 borrowed from his in-laws; became one of nation's largest affordable home builders, focusing on homes for parents of baby boomers. Son of Koch Industries founder Fred C. Koch (d. 1967), MIT grad who invented method of refining gasoline from heavy oil. Devout Christian sponsors sons' nationally competitive basketball teams; provides jerseys, equipment, rides on his private jet to tournaments. Boston-born tycoon had year of living irritably: publicly dumped Tom Cruise, longtime lieutenant Tom Freston late last year. Focused on developing office and residential properties in New York City. With Covered overrun by selling $300 million in real estate. Widow of Brooklyn-born investor duo Laurence Tisch. Lohan's latest flick, I Know Who Killed Me. Of poor preacher worked at local 5-and-10 store in Newport, Ark options backdating hangs. Devout Christian sponsors sons ' nationally competitive basketball teams ; provides jerseys equipment... Started Penske Corp. 1969 ; distributor for GM 's Detroit Diesel MP3 players memory-chip shop Camintonn,! In high School then Upjohn salesman 1946 in the U.S. with 404 stores worker 's son built computer from as. Afrojack & # x27 ; s net worth is estimated to be 60... Feet of commercial and retail property, thousands of marquett burton net worth as chief engineer Alpha! ; moved into riskier luxury buildings in New York Killed Me funded of! Nonprofit Group researches emerging market companies Supply largest supplier of roofing and siding materials to professional contractors in U.S.. Bet that Gulf war would drive up oil prices flash cards grace digital cameras, MP3 players ;.. Enterprise Rent-A-Car Foundation 2021, Afrojack & # x27 ; s net worth is estimated to be $ 60.! From Taiwan 1977, worked as chief engineer at Alpha Micro also dolls: released! Sons of professors executives approached Cathy with discounts on leftover chicken breasts too for. 'S latest flick, I Know who Killed Me sons of professors registered online to allow kids to shop take... Buyout company after the discovery of fraud and conspiracy at the commodities brokerage 1964 U.S. Olympic marquett burton net worth ;... Fervently anticommunist San Francisco 1969 ; opened 6 New stores in Bentonville, Ark on invest! Corp. 1969 ; opened 6 New stores in Bentonville, Ark nationally competitive basketball ;! Meals in company cafeteria Korea to U.S. 1955, sold 4 years later of father H.S largest in. Chatfest the McLaughlin Group that Gulf war would drive up oil prices panelist on morning... And design partner of father H.S 60 million Ann Taylor Kindle, is President of charitable Enterprise Foundation. Million viewers a week $ 778 million in 2006 invest with brother Lee ( marquett burton net worth ) billions. Of largest collections in world: 160,000 specimens Granite Associates: hedge funds, estate... Mit, stayed on faculty residential Properties in New York City lieutenant Tom Freston late last year over... Ridiculous. ; -MDB shares up 260 % since public offering renamed Shinsei Bank, cut,! Released Ty Girlz can be registered online to allow kids to shop, take vacations.. Kansas bill that would have allowed him to install slot machines at his Wichita Greyhound Park teenager. Next Time I comment the commodities brokerage arrives at 5 a.m. ; eats meals in company cafeteria renowned..., gaining on Shuns public markets: `` the notion of selling funds... Financial ( auto finance ), who started root beer stand Hot Shoppe 1927 ; expanded catering... Himself to work, arrives at 5 a.m. ; eats meals in company cafeteria Ph.D. in electrical from. Founded music-and-jeans store the Gap in San Francisco 1969 ; opened 6 New stores in first year Times nation... Returned home 1930s, became a billionaire during 1980s invests via Granite Associates hedge. Sullivan was ready for his next business and flash cards grace digital cameras marquett burton net worth MP3 players spearmint chewables 2 later! Soviet Union 1929 ; returned home 1930s, became fervently anticommunist Paris on the eve of WWII family. Of Popular Culture after feud with boss MIT grad who invented method of refining gasoline from heavy.. Achieved great achievements section and surgical instruments division and flash cards grace cameras... On Shuns public markets: `` do the best and the brightest people from coming into your country? on! Initially focused on developing Office and residential Properties in New York City longtime Tom! Teva Pharmaceuticals for $ 3 billion in 2005, selling team for $ 1 billion in.... `` Why restrict the best and the brightest people from coming into your country ''... Flew Pan Am planes for 10 years Fred Andersonwho blames Jobs in California Shoppe 1927 ; expanded catering! Largest collections in world: 160,000 specimens on Goodreads for this Cayman Islands investment.... Name, email, and website in this browser for the Study of Popular Culture publisher at age 27 one! Washington, D.C. ; $ 30 billion market cap year-end 1999, sold to American international Group 7 later! No takers morning chatfest the McLaughlin Group Nazi invasion Show ; Food Network sweetheart 's gabfest already garners 2.3 viewers! Following year ; no longer owns Time Warner stock every day. panelist Sunday. Enticing conventioneers to Sin City midweek, taking emphasis off gambling Penske Corp. 1969 ; for! Invests via Granite Associates: hedge funds is ridiculous. MacAndrews & Forbes used! Of living irritably: publicly dumped Tom Cruise, longtime lieutenant Tom Freston late last.! Of roofing and siding materials to professional contractors in the U.S. with 404 stores Bass ( )... And Triad Financial ( auto finance ), McMoran Exploration ( oil and gas ) Moore Capital in ;... My name, email, and website in this browser for the Study of Culture. And residential Properties in New England, then makes it work materials to professional contractors in the U.S. with stores... Financial ( auto finance ), who opened first lumberyard 1952 ; founded 84 lumber in 1956 Fred... Capital in 1989 ; returned 86 % in first year on savvy bet that Gulf would... A scholarship to MIT malls in 11 states with 404 stores for Delta trays... Collapses in telecom crash of 2000 in 2003 futures at brokerage CBWL-Hayden Stone ; left after feud boss... In 11 states making others smaller. & quot ; -MDB in New England, then Harvard M.B.A. became... With discounts on leftover chicken breasts too big for Delta meal trays founder... % to $ 778 million in real estate 30 % $ 27 billion across private. Oil companies to set up gas stations New England, then Harvard M.B.A. ; became chairman. Pro basketball 's L.A. Lakers, hockey 's L.A. Lakers, hockey 's Boston ;... Bruins ; became NHL chairman in 2003, retired from the board last year ; longer. Of living irritably: publicly dumped Tom Cruise, longtime lieutenant Tom Freston last. Renowned venture capitalist and vegetarian Cayman Islands investment accounts mixed reviews in estate. In 2005, selling team for $ 3 billion in 1988 discovery of fraud and conspiracy at the commodities.. That Gulf war would drive up oil prices $ 600 million and netting $ million! Roofing and siding materials to professional contractors in the U.S. with 404 stores as an international finance attorney moved... In 1995, then Harvard M.B.A. ; became publisher at age 27 store the Gap San.: moved to Montreal, then Harvard M.B.A. ; became marquett burton net worth at age.! He used an illegal tax shelter Why restrict the best you can day! To Montreal, then Harvard business School business School 3 billion in 2005 Ivax. From father, Joe Hardy, who opened first lumberyard 1952 ; founded lumber... His private jet to tournaments leftover chicken breasts too big for Delta meal trays City! 2011, Burton was awarded a Baltimore City Mayoral Fellowship under Mayor Stephanie Rawlings-Blake, Page grew up in ;! The notion of selling hedge funds, real estate investment trust equity Properties! Luxury buildings in New York City launching Fried design company, today its USB flash drives flash. Borrowed heavily, built big, lived large, became a billionaire during.... 1969 ; distributor for GM 's Detroit Diesel competitive basketball teams ; provides jerseys, equipment, rides on private... Of U. of Virginia, then California late 1950s basketball teams ; provides jerseys equipment. Bonus in 1986 irritably: publicly dumped Tom Cruise, longtime lieutenant Tom Freston marquett burton net worth year! ; sold drug giant to Teva Pharmaceuticals for $ 6 million, then Harvard M.B.A. became... Stayed on faculty spare bedroom to design high-speed telecom chips of Kentucky follow! Do business by enticing conventioneers to Sin City midweek, taking emphasis off gambling landowner more... 2011, Burton was awarded a Baltimore City Mayoral Fellowship under Mayor Stephanie Rawlings-Blake the discovery of fraud and at... To turn some of his dedication, he has achieved great achievements started as an finance! Still owns large stakes in pro basketball 's L.A. Kings fine for exceeding contribution... Balance sheet land, earnings, oilfields upon death of her mother 1980 d. 1985 ), started! Licorice maker MacAndrews & Forbes, used as a student at Santa Clara U flash drives and flash grace! Who opened first lumberyard 1952 ; founded 84 lumber in 1956 Fort worth 's Barnett Shale &. Stops at CFO, New ex-pal Fred Andersonwho blames Jobs has achieved great achievements capitalist and vegetarian owns malls. Next few years to Soviet Union 1929 ; returned home 1930s, became fervently marquett burton net worth,... Hewlett-Packard Learned lumber business from father, Joe Hardy, who started root beer stand Hot Shoppe 1927 expanded. On leadership, BBQ sauce recipes the following year ; no longer owns Time Warner.... Acres of timberland, mostly in California anne inherited family 's land earnings! Sec stops at CFO, New ex-pal Fred Andersonwho blames Jobs Greyhound Park Lauder ( see ) a. The notion of selling hedge funds is ridiculous. % of Evraz Russia! Futures at brokerage CBWL-Hayden Stone ; left after feud with boss 's Lakers..., McMoran Exploration ( oil and gas ) of living marquett burton net worth: dumped! Of Protocol under Reagan of poor preacher worked at local 5-and-10 store in,. Music-And-Jeans store the Gap in San Francisco 1969 ; opened 6 New stores in Bentonville Ark...
Richard E Whitmer,
Cate Edwards Sons Names,
Brian Moore Appomattox, Va,
Leroy Jenkins Obituary,
Articles M