Today son Andrew manages real estate investments: 4.5 million square feet of commercial property, mostly in Broward County, Fla. Has no plans to diversify: "I don't plan to cash out. In Solscan, if you look at TVL (total value locked), it looks like the pool was at $2k for a couple of days before collapsing to 0. Founded Koch Industries, passed on to sons after death in 1967. Sold Ebay shares for the first time since 2003 this year; stock up 25% in past 12 months. Fund up 150% in 2003; believed to have averaged 30% returns net of fees since inception. Borrowed $300 from wife, founded real estate developer Lerner Enterprises in 1952. Donated $175 million to build cancer center at alma mater. Pogo Producing Son of cattle brokers left U. of Iowa one semester short of degree to start PC maker with older brother Norman in 1985. British Petroleum Owns 50,000 bison; restaurant chain, Ted's Montana Grill, serves bison burgers at 51 locations. Sold just under 10% stake to Chinese government weeks before the offering. Other investments: for $1.6 billion 2005. Public 1979. Son Peter expanding Huntsman into Asia; son Jon Jr. governor of Utah. Also pledged to stop advertising to children products that do not meet nutritional standards. Even Microsoft fails him: stock down 50% since 2000. Harvard Law 1947; joined father's theater business, now National Amusements, 1954. Merged with Combined International in 1982; renamed Electronic Arts Older brother Melvin (see) left native Brooklyn for Midwest, ended up in Army. New York Times Co. Mom, Helen, passed away April; matriarch's fortune to pass to charity over next few years. Stock up 25% over past 12 months. Wendy's Took public 1996. Assets under management: $96 billion. First blockbusters in 1977: Star Wars, Close Encounters of the Third Kind. Boston Properties Oracle Rose to store manager, eventually vice president of Stater Bros.' parent, Petrolane. Started investing as a Harvard undergrad; read article in Forbes about Home Shopping Network, became interested in the stock market. Worked at Mom, Helen, passed away April; matriarch's fortune to pass to charity over next few years. Stepped down as chairman emeritus last year. CompX International Served as Ambassador to the Court of St. James under Nixon. Childs. Became chief executive 1979. In 2018, Burton was honored at the Global Good Funds annual gala for his work and efforts impacting global education. MannKind Computer whiz worked at hedge funds after graduating from Princeton in 1989; quit before 30th birthday to sell books online from Seattle garage. Running for mayor is cheaper; spent $85 million on reelection in 2005 ($11 million more than in first election 2001, despite 67% approval rating). Played hockey for UCLA, started out earning $14 a week working nights at an aircraft factory. Bearded baron of Chicago real estate now writing headlines. Now third-largest home improvement firm in U.S. behind Building third plant in Taiwan. Coca-Cola Threw himself a 60th birthday party at New York's Park Avenue Armory in February. for $2.1 billion in June. Today there are 28,198 Subway shops in 86 countries; much of company's success can be attributed to infamous Jared commercials claiming formerly obese airline worker lost 245 pounds eating only Subway sandwiches. Campbell Soup Jim: oversees family banking business. Also owns pro hockey's Dallas Stars. Sold cars after war, became sales manager for St. Louis Cadillac distributor. Purchased licorice maker MacAndrews & Forbes, used as a holding company for buyouts. Jazz musician's son executed first trade at age 12. Marquett Burton 4.71 55 ratings13 reviews "The Black Box is not a tale of a great man. Born in Paris on the eve of WWII; family moved to Montreal, then California late 1950s. Alternative asset manager became billionaire alongside Michael Novogratz and Peter Briger Jr. (see both) in February with public offering of Walter's father, Moses, started Triangle Publications; Walter inherited it at age 32, added magazines (Seventeen, TV Guide). Today holding company Last year, he was selected as an emerging fellow by the After a decade with SRC Holdings Corp., Darin Bridges is now president of management consultant company The Great Game of Business. Next big idea: green tech. Pulled off one of the greatest corporate comebacks in history with 2005 merger of Kmart and Sears, Roebuck. Sales: $3 billion. Estimated sales: $90 billion. Dynastic carve-up supposed to be completed in 4 years, will likely include sales or public offerings of both Hyatt and Marmon. stock to charity in July. Enstar Group Buyouts: Castle & Cooke (Hawaii real estate), Dole Food (bananas, pineapples). Dropped out of NYU to work on Wall Street, took job in mail room of Philipp Brothers. Medical innovator developed cardiovascular catheter using blowtorch, soldering iron and plastic tubing after stint as an Army surgeon. Duo formed Broadcom 1991 using Nicholas' spare bedroom to design high-speed telecom chips. Studied petroleum engineering at U. of Texas. Founded Asylum Records 1970, then Geffen Records. Donated $100 million to alma mater to create the Frank Batten School of Leadership & Public Policy. Scored big with simple philosophy: "Buy term and invest the difference." Courtesy of Renaissance Technologies Corp. Rob Kinmonth//Time Life Pictures/Getty Images, AP Photo/Idaho Press Tribune, Dick Selby, Matthew Naythons//Time Life Pictures/Getty Images, Courtesy of General Growth Properties, Inc, Courtesty of Sobrato Develepment Companies, AP Photo/The Philadelphia Orchestra Association, Alan Kolc, John M. Heller/Getty Images for the NHL, Jennifer Pottheiser/NBAE via Getty Images, AP Photo/Dayton Daily News, Bill Reinke, Courtesy of American Assets Real Estate Group, AP Photo/Kalamaazoo Gazette, Mark Bugnaski, AP Photo/The Oklahoman, Paul Hellstern, File, Ted Thai//Time Life Pictures/Getty Images, AP Photo/Independent Record, George Lane, Thomas S. England//Time Life Pictures/Getty Images, Paul Hawthorne/Getty Images for The Miami Project, AP Photo/The Times Of Northwest Indiana, John J. Watkins, Ray Ng//Time Life Pictures/Getty Images, Alan Levenson//Time Life Pictures/Getty Images, 3 Tips To Improve Your Health & Well-Being From A Female Wellness Entrepreneur, Seven Indicators You Have A Culture That Values Security, How To Use Compounding Within Your Business, The Great Rationalization Has Redefined Selling: 3 Strategies To Grow Market Share, Londons Energy Week Is A Lesson In Cognitive Dissonance, FC Barcelona Coach Xavi Talks Real Madrid Up As Favourites Ahead Of Copa Del Rey El Clasico, 5 Strategies To Keep Your Fashion E-Commerce Business Competitive In 2023 And Beyond, Five Key Enterprise Business Technology Predictions (And What They Mean For Enterprise And Service Providers). Once owned 25% stake in company; has sold large chunks of shares over time. Chairs Orbis International: nonprofit group fights blindness in developing countries, uses DC-10 plane as mobile ophthalmological teaching and surgery lab. 's turf (and vice versa); spent $6 billion to land Web ad firm Aquantive in May. Company remains under family control; stock up 250% since 2003. Bought 3 donkeys for $75 at age 15; a week later saw an ad for pack mules selling at double the price. Contrarian investor Larry known for his bearish pessimism. "American economic security is at risk without better public education.". Today owns 35.8 million shares worth $1.7 billion; stock down 13% in past year. Son Paul runs company. Republican sits on U.S. President's Council of Advisors on Science & Technology. A buy-and-hold specialist, "The Sphinx" made fortune on long-term investments in Philip Morris, Coca-Cola, Focused on developing office and residential properties in New York City. Ran junk bond desk at Goldman Sachs, failed to become a partner. Owns more than 600 billboards in China; considers Shanghai "the place to be." Gained reputation for buying into troubled companies, forcing management to improve, restructure, buy back stock; scores in 1980s with Texaco, USX. Siebel's salve: his stake brings $500 million in cash. I don't." Today its USB flash drives and flash cards grace digital cameras, MP3 players. Sall: soft-spoken statistician heads software development. Louis to discuss his new app for student success. Marquett continued on to complete his bachelor's in Political Science from the University of California, Berkeley. Goodnight: claims U.S. should open borders to skilled overseas IT workers. CBS Later managed NYC's Drake, Belmont Plaza, Regency. Filo expanding into China: bought 40% stake in Alibaba.com for $1 billion in 2005; public offering of Chinese business-to-business Web site likely. Broadcom Schering-Plough Then Star Wars: original 1977 film remains 18th-best-grossing movie of all time with $800 million worldwide. Expanded into commercial real estate 1960s. Raised $25 billion for institutional fund RIEF last year; so far performing below expectations. Yale economics student wrote senior thesis on what would become Federal Express. Third generation controls 30% of company's shares. Then magazine, cable network, radio station. "I've been a news junkie since I was 13 years old." Its estimated monthly revenue is $ 0.00. Plan to pass control of empire to Jay's son Tom (see), 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. Also stakes in football's St. Louis Rams, English soccer squad Arsenal; 5 ranches across Montana, Wyoming, California, Canada. Remains chairman emeritus. CSI: Utahhis Sorenson Forensics unit has lead to arrests in 5 cold-case murder mysteries since opening last year. So what: shares up 260% since public offering. Sports fanatic tried out for 1964 U.S. Olympic hockey team; owns Triple-A Buffalo Bisons. Restated earnings, cutting 2006 profits $2.2 billion, to $3.7 billion, for 7 years of shenanigans. Partnered with school friend, now billionaire, Victor Vekselberg, and later Mikhail Fridman. Once considered the world's most dangerous shareholder activist; now having trouble effecting vast management changes. [1], California where he tested out of high school at age 16. Gateway, peak $30 billion market cap year-end 1999, sold to Acer for $710 million in August. Predicts his next fortune will be made in water; owns vast water rights in Texas Panhandle. Left 1987, missed out on famed $25 billion takeover bid for RJR Nabisco. Also 30% stake in Preakness winner Curlin. Grandfather, John D., fueled American industrial revolution via Standard Oil. Louis retired from AIG 1995, now makes venture capital investments via Lexington Commercial Holdings. Former salesman for Oracle left 1990 after chief Larry Ellison (see) ditched plans to bring Siebel's sales-tracking software to market. Texas farmboy bought first bank in 1975 for $1.2 million, later sold with other banks for $100 million. Sales: $2.1 billion in 2006. Estimated sales: $7 billion. Diversified into nondairy coffee creamer, frozen breads, cookies, cakes. Acquired large stake in Disney 1984; went solo 2 years later to manage personal investments. Became partners with dad, ran company's day-to-day operations. ProSiebenSat.1 Took over Stryker Corp. after Lee Stryker died in a plane crash 1976. I have always had the courage to take advantage of opportunities when they come my way." Extending ad business into TV, cell phones, various online venues; bought Web video portal YouTube for $1.65 billion last year; recently partnered with EchoStar, LG Electronics, Salesforce.com. Founded J.C. Public 1976. Tome focused on improving overnight delivery services using integrated network of planes and trucks. Yahoo upside is over 200 million registered users; most Google visitors are strangers. Internal rate of return from 1985 to 2003: 43% a year. 417-883-7417 | Nearly went bankrupt early 1990s, recovered; today company has developed more than $16 billion worth of property across the U.S., including Manhattan's massive Time Warner Center. [1], California where he tested out of high school at age 16. ). In August sold half of CityCenter, 9.5% chunk of MGM to Middle East investment firm Dubai World for $5 billion. Now owns casinos in Atlantic City, Gulf states and Europe, plus luxury hotels and apartment buildings. Owns stake in private jet maker Aerion; expanding freight outfit Cargo 360 with $1.4 billion order for 6 Professors and teachers are already very busy, so we made it so that they don't have to learn a new technology, Burton says. Later joined fellow Sun-backer Doerr. , private investors hold 32%), perhaps give away fortune. Shares rose 40% between July 2006 and April of this year; down 25% since. Started Aerotek with $3,500 and furniture purchased from Goodwill; company provided engineers to aerospace industry. LEGAL INNOVATION | Tu Agente Digitalizador; LEGAL3 | Gestin Definitiva de Despachos; LEGAL GOV | Gestin Avanzada Sector Pblico Still works out of a modest sales office on the showroom floor of one of his 175 car dealerships; uses a fleet of 4 jets to watch races across the globe. He announces his coin on youtube (archive: https://archive.ph/U0CuH) . Sold online classifieds site StumbleUpon.com to Ebay this year; owns similar Indian site Naukri.com. Boeing Enterprise during WWII. Today Charles lords over nation's largest privately held company: chemicals, pipelines, ranching, commodities trading, lumber, paper; also refining operations in Alaska, Texas and Minnesota. Bob served 2-year term as U.S. Postmaster General, eventually co-owner of pro football's New York Giants. Bloomberg sales: $4.7 billion. Early Life & Family The USA is where Marquett Burton was born. BOK Financial He began his teaching career at Booker T. Washington Middle School where he taught 6th . Son of Armenian immigrant fruit farmer dropped out of school in eighth grade. Beanie Babies hit shelves 1993; created collecting craze. Marquett L Burton, Age 35. Donates 5% of pretax earnings to charitable causes. in 1986. 1970. Bought Studied philosophy at Princeton. Spent much of past few years buying up competitors; now investing internally. , Jaguar. Marquett Davon Burton speaking to Korean Government in Seoul. Man U. Developed market for high-yield junk bonds, fueled 1980s leveraged buyout mania. Took public 3 years later. Bought Enron pipeline business with college chum William Morgan. Mom, Helen, passed away April; matriarch's fortune to pass to charity over next few years. Herb, made fortune covering the country with shopping malls. Bass Enterprises Production Co. pumps an estimated 8 million barrels of oil and gas a year. Recently moved into a new mansion on his 38-acre estate in Mendon, N.Y. Served in Navy during WWII. Son of Brooklyn developer borrowed heavily, built big, lived large, became a billionaire during 1980s. Took public 1983. Tied the knot in February with longtime girlfriend, art consultant Gabrielle de Heinrich Sacconaghi. Opened first Bath & Body Works 1990. Planning to turn some of his ground into residential developments. Semel quit under fire this year. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one. Active philanthropist interested in funding research on cures for diabetes and Lou Gehrig's Disease. Revenue: $1.8 billion. Today empire stretches across 34,000 miles of oil and gas pipelines. 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. 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. Not bad for a college prof: Got his start teaching at Stanford. 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. Now owns 12 million square feet of office space in New York, developing 2 new office buildings in Midtown. Working on 3 videogames for 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. Now does deals through Lee Equity Partners; owns stakes in Dunkin' Donuts, Warner Music. You made a viral video avoid white girls who date black guys can you tell us how this came about 57:0611. Annually disputes FORBES' net worth estimate: "I'm worth $7 billion.". Owns pro basketball's Miami Heat. Johns Hopkins University, Distinguished Alumnus of The Johns Hopkins University, article "Marquett Davon Burton" is from Wikipedia, "Venture Capital Firm Invests in Tech Company Owned by Young Pasadena City College Grad Pasadena Now", "Scholars 2007-2008 | McNair Scholars Program", "Outstanding Recent Graduate Award 2017 | Johns Hopkins Alumni", "How one Chicago startup seeks to solve America's college dropout problem", "#47 Can This Tiny Gadget Keep Kids in College? for an estimated $4.2 billion in 2001. Son of Texas wildcatter Perry Bass (d. 2006). With KKR and Goldman Sachs, agreed to buy power company TXU for $45 billion in cash and assumed debt in February; when completed, deal will be the largest leveraged buyout in history. Rumored to be shopping company to rivals. 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