Became chief executive 1979. 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. Won Super Bowls in 2002, 2003, 2005. Started plane brokerage business while studying economics at UCLA; disguised his youth by communicating via telegram. Marquett holds a bachelor's from the University of California at Berkeley as well as a master's degree from the Johns Hopkins University. Mulling chance to sell shares on a private Goldman Sachs exchange, extract more cash. Third-generation leader of engineering behemoth that built the Hoover Dam and Channel Tunnel. Third movie, Jaws, started unparalleled run of blockbusters (E.T., Indiana Jones movies, Jurassic Park, many more) and epic dramas (Schindler's List, Saving Private Ryan). in 1977. Entrepreneur. Marquett is the CEO of FletchApp.com, the worlds first effortless attendance technology. Rapidly consolidated cable franchises. Added TV 1948. Stumbled upon Chapter 11 proceedings of United Refining Company while trying to salvage Capitol. Bristol-Myers Squibb last November. Still controls chunk of AIG shares. Entertainment companies lost family billions; Edgar Jr. now runs Marquett Davon Burton is an American technology entrepreneur. LinkedIn View on LinkedIn. Left to commercialize research. Also stake in lucrative New England Sports Network; regional channel supplies Red Sox games to Boston and beyond. Indian-born financier created shop bot Junglee; sold to Amazon in 1998. Now buying up auto parts companies. Spouses stop bickering. Estimated sales: $7 billion. Funded U. of Michigan's William Davidson Institute; nonprofit group researches emerging market companies. "Si" heads magazines via Cond Nast (New Yorker, Vanity Fair, Vogue). Company owns ranch land abutting Yellowstone National Park in Montana and Texas. Former scientist Peter Buck (see) fronted family friend DeLuca $1,000 to open Pete's Super Submarines 1965. 1 spot in PC market to Coined Moore's Law: components on chip (and hence computing power) would double approximately every two years; only recently has this begun to slow. Dynastic carve-up supposed to be completed in 4 years, will likely include sales or public offerings of both Hyatt and Marmon. Other hits: Burger King, J. Brother Tom (see) runs competing Platinum Equity. Canceling the Keystone XL pipeline 2. Owner of pro football's Miami Dolphins hosted Super Bowl XLI in February. Grew up poor in rural Texas; mother, brother died when he was 7. The queen of daytime television continues to expand her empire. Became president of company 1978; now chairman. In June donated $100 million to alma mater University of Illinois to create fund focused on alternative energy, bioengineering, stem-cell research.
MGM Mirage Developed Java technology at Pretax profits: $310 million. Paid $135 million for 1907 Klimt portrait last year, one of the largest sums ever paid for a painting. Phone Number: (951) 654- OJSL. Fortune down 53% since 2000 (back then: $36 billion). Payroll rep found niche supplying financial services to small businesses. in 2002 for $6 billion. Marine in Vietnam, then worked as crop-dusting pilot.
Founded, sold aerospace companies Spectrolab, Heliotek 1960s. YouTuber teaching mastery of wealth and relationships. Delegated day-to-day operations to others to focus on medical research; D.E. With affiliates, firm manages $50 billion today. Created
Barbarians at the Gate took Thomas Frist's (see) HCA private with Bain Capital and Merrill Lynch Global Private Equity last year for $33 billion. Recently published self-help business book The Science of Success; claimed company would go public "over my dead body.". Sales: $345 billion. Found way to Harvard Business School. Maybe Rupert Murdoch (see) should buy it. Went public in March, but stock has been volatile. Sold stake in firm to Southern Union for $1.6 billion 2005. 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. Built Reason: estate planning. With brothers Frank and Lorenzo Fertitta (see both), taking gambling outfit I'm a lucky man." Earned M.B.A., joined father's insurance firm. "Democracy is a hell of a lot more than elections." . Mark Warburton (born September 6, 1962) is famous for being soccer coach. Moved to Goodnight: claims U.S. should open borders to skilled overseas IT workers. WebOver four years ago, California native Marquett Burton met with the president of the University of MissouriSt.
In July agreed to buy Chicago steel outfit Ryerson for $2 billion. "We believe that this could be one of the great science centers in the world.". Unloaded a Jasper Johns, Willem de Kooning. Sold operation to Newhouse brothers (see) for $220 million 1982. Then Harvard Law. Webmarquett burton net worth "He always said 'we,' he never said 'I.' Stepped down as chief of buyout firm Cato Bought Golden Nugget before building Mirage, Bellagio resorts. Sold to AIG 1990. Ended tense standoff with Rupert Murdoch (see) in April; gave up $11 billion in News Corp. shares for 39% stake in DirecTV and $550 million in cash. Building third plant in Taiwan. Young employees routinely asked to critique upper-level management. The app not only aids professors with attendance but also empowers them to reach out when students are falling behind and missing classes. Retired 2001. Says he won't run for President. Corporate lawyer joined father's Tana Oil & Gas 1980; merged production properties with Texaco (now
"My goal is to keep profits down and cash flow up." Kept blunt, fearsome style intact. Boston-born son of accountant studied engineering at Johns Hopkins. Reinvested in real estate. Former high school football coach started selling life insurance 1967 to supplement income. General Mills With brother James opened chain of general stores in Bentonville, Ark. Democratic fundraiser ditching the Clintons for Obama. ; believed to have sold entire stake last November. Next big idea: green tech. Bought used garbage truck in 1962; discovered the power of repeat customers. Earned M.B.A. from Carnegie Mellon. Obsessed with due diligence, patience; disdains excessive executive pay. Remains interested in buying L.A. Times. Shares up 38% in past year. Also owns 453-foot Rising Sun; building a smaller leisure boat because megayacht is hard to park. Studied voice in teens, later dropped out of City College in New York City to become court reporter. Flew surplus Air Force planes across Atlantic after war before building charter flights company Trans International Airlines; sold for $104 million profit 1966. Expanded market share with premium puppy chow; focused on nutrition, high-end breeders. Took company public in 1997 and expanded from bookselling into thousands of products online. Parents Donald and Doris founded music-and-jeans store the Gap in San Francisco 1969; opened 6 new stores in first year. Sales: $5 billion. Johns Hopkins. Took job at ", Shades maven first hawked motorcycle grips from car trunk 1975. Pardoned by President Clinton 2001. Donated $60 million to San Diego's Children's Hospital 2006. 1978. Spent several hundred million dollars buying distressed Kmart bonds; brought company out of bankruptcy, took public 2003. Donated $10 million to Ohio Northern University 2006. Sales: $270 million. Operating Status Closed. Construction worker's son built computer from scratch as teenager; invented an unbeatable tic-tac-toe game that won him a scholarship to MIT. Former used-car salesman bought Marquette Bank in 1955, sold to Wells Fargo for $1 billion in 2001. Buying, drilling natural gas wells; mulling public offering. Reportedly building "Destiny": the biosustainable city in South Florida will have a sustainable energy source and room for 150,000 people. Nicholas unexpectedly quit as CEO in 2003; now company blames him for stock-options backdating. Son of wealthy Egyptian cotton farmer earned Harvard M.B.A. before founding Fayez Sarofim & Co. investment bank 1958. Partnered with "I've made a life out of putting a business aspect to my innovative mind. ) 1996. 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. Sales: $16 billion. Company remains under family control; stock up 250% since 2003. Paid college tuition repairing vending machines, working hotel night shift; became a loan processor. Webmarquett burton net worth "He always said 'we,' he never said 'I.'
It reaches roughly 30 users and delivers about 30 pageviews each month. Now controls 6 Nascar racetracks, stake worth $1 billion. Partner John Tu (see): family fled China for Taiwan 1949, later moved to Germany where he studied electrical engineering. The legal saga of the former AIG chairman continues. Cofounded SAS Institute 1976, now believed to be largest privately held software maker in the world; massive databases, customer analysis, business intelligence. Started Chief Oil & Gas decade later. Marquett Burton Retweeted. Gained traction with innovative waffle sole, swoosh logo, superstar endorsements. Israeli immigrant raised in Flint, Mich. First job at GM. Teamed up with Chinese auctioneer Tom Online; two companies set to rule online ads in China. visionary preparing to give up day-to-day involvement in company he cofounded 32 years ago to spend more time focused on his philanthropic endeavors. Serves as executive chairman, owns stake in pro football's Chicago Bears. Took Nicholas is tech's bad boyall 6 feet 6 inches of him. Clear Channel Acquired, became chief executive of second-largest U.S. auto dealer United Auto Group 1999. Ran her first diversified fund 1993. Minnesota farm boy paid way through college working at a print shop; persuaded owner to sell for $2 million over 10 years. Other projects: Tacoma Narrows Bridge in Seattle, New Doha International Airport in Qatar. I just needed a place to put all the money I was making." Also Latin America: developing $3 billion worth of properties across 15 projects in Argentina, Colombia, Mexico. Became president, chief executive a decade later; bought company 1982. Bought 3 donkeys for $75 at age 15; a week later saw an ad for pack mules selling at double the price. Press-shy mogul one of largest landholders in Malibu. Marquett Davon Burton is an American technology entrepreneur. More pipe from ConocoPhillips, Tinkering with inhaled insulin via plant in Edison, N.J. Budapest-born immigrant fled to Sweden during Soviet occupation of Hungary; landed in New York 1958. Tax-efficient philanthropy: donates buildings, office parks to foundations to sell or use. Owns 75 acres of prime East Hampton, N.Y. real estate. David: former chairman of Chase Manhattan Bank. Also arenas: Father, Sidney, ran family's shoemaking operation, invested in Florida real estate. Ted turned to hedge funds, real estate via Avalon Capital. Last year donated $11 million electronics plant to the late Jerry Falwell; Liberty U. founder converted building into new law school and church. Yachtsman spends time cruising on his 226-foot yacht, Attessa; ship sports a helipad, movie theater, gym, two 2,000hp diesel engines. Donates money to hometown of Beloit, Wis. in effort to help improve city's economic infrastructure, bring in new jobs. Nike Gateway, peak $30 billion market cap year-end 1999, sold to Acer for $710 million in August. With brother Frederick, sold stake to brothers Charles and David (see both) for $1.3 billion 1983. , Holiday hit with Dreamgirls; says he is done with movies. Today its USB flash drives and flash cards grace digital cameras, MP3 players. Now chief of wireless Moved beyond auctions; today company owns Shopping.com, Web-phone outfit Skype. David Sun: moved to U.S. from Taiwan 1977, worked as chief engineer at Alpha Micro. Now runs Employer Services division, which administers payroll and employee stock plans. Then U. of Southern California business school. Donates to education, arts, science causes. Rumored to be shopping company to rivals. But I won't be here." Today Jackson Family Wines produces 5.2 million cases on 14,000 planted acres. Tribune Built homes in Arizona; real estate market crashed, moved to California. Accountant's son born in Kenya, moved to India at age 11. Son of Greek immigrants grew up above family's Chicago grocery store.
Former Frito-Lay analyst switched to selling satellite dishes 1980, later expanded into broadcasting. At work employees get free candy, day care, 35-hour workweek and scholarships for their kids to attend affiliated Cary Academy. Gave $20 million to UC, Irvine's law school in August.
Now other builders pay him millions to license "Trump" brand. AutoZone Went to prestigious Lakeside School with Gates in Seattle. Follow to get new release updates, special offers (including promotional offers) and improved recommendations. Expanded into gambling: opened $380 million casino resort in French Lick, Ind. Told FORBES in February that the Bancrofts wouldn't sell for "5, 10, 20 years. Borrowed $1,800 to buy diner, flipped for tiny profit. 1,859. Valuation revised this year to include stunning art collection (Johannes Lingelbach, Rubens). Company remains under family control; stock up 250% since 2003. Shares soared 145% in past year. Recently embroiled in real estate, banking scandals involving friend Israeli Prime Minister Ehud Olmert; denies any wrongdoing. Built media empire. Personally hands out cash bonuses to all 1,600 employees at Christmas. Fights childhood poverty through George Kaiser Family Foundation; pledged $60 million to redevelop a blighted community alongside a 42-mile stretch of Arkansas River. Revenue: $3.7 billion, up 185% since 1995. Founded Industrial Light & Magic special-effects shop in 1975; now handles trickery for myriad blockbusters (Harry Potter, Pirates of the Caribbean). Family controls 40%.
Owns stake in Staples Center arena with Philip Anschutz (see); also stakes in pro basketball's L.A. Lakers, hockey's L.A. Kings. Sold minority stake in Hyatt to private equity firm Madrone Capital (owned by the Walton heirs) and Goldman Sachs for $1 billion in August. Lowe's Joined Bell Labs, then Tom split in 1995 to form Platinum Equity; rebuilds distressed companies, flips for profit. Tenacious heir: father left bulk of estate to a charitable foundation; Barron waged lengthy legal battle for his cut of fortune, won 1989. Regions Greater Los Angeles Area, West Coast, Western US. Running for mayor of New York City: Friend of Bill plans to spend a few million dollars during 2009 primary, another $50 million if he wins Republican nomination. Microsoft cofounder may be one of most hopeful tech investors ever. Recently paid $70 million for a cluster of beachfront properties in Santa Barbara, Calif. Wrote theme song for Inspector Gadget. Earned M.B.A. from Illinois Institute of Technology, became early authority on convertible securities; launched investment outfit that eventually became Inherited family watch-parts business at 15 after father passed away; expanded into shopping malls, sports teams. Passed on Bought out dad 1963; company later became American Ship Building.
After finding success across the country, Burton is bringing Fletch to southwest MO with the help of the efactory's accelerator program, Cohort 4. Duo founded oil-trading outfit Runicom early 1990s. Went public 1998. Who owns what? Owns Nemacolin Woodlands resort in the Pennsylvania highlands. Founded first construction supply operation 1982. Remains chairman emeritus. for $66 million; later sold for $640 million profit. ; firm became Russia's 2nd-largest oil company. Net profits in 2006: $2.3 billion. Created joint venture with chic hotelier Ian Schrager to develop line of hip boutique Marriotts; planning kid-friendly hotels with Nickelodeon. Purchased Mission West real estate investment trust in 1997. Father reduced his ownership in 1995; Abby inherited a 24% stake. Despite looming housing woes, the Donald's retail, office and hotel business is up. Partnership continues via Perez's condo and hotel projects in Latin America. Duo managed money for the Bass family; split to start TPG 1992. Other assets: oil, Southern California real estate. Still coolest tech superstar ever.
Wealthy developer's son went to Beverly Hills High School, dropped out of UCLA for job in mailroom at William Morris Agency. Served in Navy during WWII. Hollywood's richest man cashes in on soaring art market. 1988; public 1997. Often buys distressed operations in poor neighborhoods to pay low prices, avoid bidding wars. Hunter stalks game on 453-acre Robins Island in Long Island's Peconic Bay. Abbott Labs Worker friendly: uses union sources to find hidden value in possible takeovers. With brother William heads Li & Fung, global outsourcing firm that supplies clothes and accessories to retailers such as Disney, Coca-Cola, Public 1979. Largest individual landholder in the U.S. owns 2 million acres in 12 states, plus some ground in Argentina. Son of Hollywood producer attended U. of Washington on skiing scholarship; halted Olympics bid after injury 1956. , Company recently gave health insurance, higher wages to shopping center janitors. Davis foresaw rise of athletic shoe popularity, bought company on day of Boston Marathon 1972. Harrah's Entertainment WebMarquett Burton embodies the high-value life.
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. 1 talk show. Reinvested in Neoteris (computer security), MyCFO.com (wealth management), Hyperion Development Group (Miami real estate). 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.
Bet early on Fort Worth's Barnett Shale natural gas field; sold out to Devon Energy and Crosstex Energy for $2.6 billion cash 2006.
Partnered with school friend, now billionaire, Victor Vekselberg, and later Mikhail Fridman. Revlon Won showdown with rival James: Cox chief since 1988. Retired 1998, still chairman Also owns stake in Harrah's Entertainment; will reap $300 million when company completes $27.8 billion sale to private equity firms Apollo Management and TPG. Slim-fast kingpin raised in Long Beach, N.Y. Launched XM Radio channel Oprah and Friends last September. Bought undervalued companies using debt, cleaned up balance sheets, sold for big profits. Came to U.S. 1972. Lost potential customers with confusing signs: people thought "Private Storage" meant closed to general public. 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. Cofounded Kingston Technology 1987; now nation's largest privately held computer memory outfit. WebMarquett Davon Burton was born to Jeffrey Leadbetter and Kim Burton in San Diego, California. Now polishing 3-D digital cinema technology. Expanding into Atlanta, Tampa, Orlando. Original office: 2 folding chairs and a card table. Joined Berkshire board of directors in 2003. Simon Property Group He currently resides in England, United Kingdom. Formed Former scientist Buck fronted family friend Fred DeLuca (see) $1,000 to open Pete's Super Submarines 1965. Peterson studied at Northwestern, then M.B.A. from U. of Chicago. Batten studied at U. of Virginia, then Harvard M.B.A.; became publisher at age 27. Conseco Remains chairman; son, John, took reins 1999. Forgot to hedge, lost half the profits. Traded futures at brokerage CBWL-Hayden Stone; left after feud with boss. Brother oversees weakening newspaper division (Cleveland Plain Dealer, Newark Star-Ledger). Later spent days managing TG&Y discount store, nights making wooden frames in garage with wife. Renamed company Knight Inc. Firm's ruptured pipeline spilled 1,500 barrels of oil into upscale neighborhood of Burnaby, B.C. Union Pacific 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). With venture capital and family money launched Federal Express 1973. Still yearning to win yachting's most prestigious trophy, the America's Cup. "I'm genetically not wired to be an employee." Handed off day-to-day operations to sons Robert and Jonathan; Robert recently stepped down as chief investment officer. This year bought 9 TV stations from . Sold parts to Spent millions of dollars building performance hall on site of original Woodstock concert. Studied engineering at NYU; dropped out to help friend save family's fledgling supermarket business. rose to 4th-biggest player, shipped in Holstein-cow-patterned boxes in homage to origins. Once clearly defined, Fidelity stakes amongst Johnson family members are now one of the best-kept secrets in capitalism. Father was a doctor in China; family fled during WWII, moved to South Africa. Today company boasts 3,100 stores across 4 brands (Gap, Old Navy, Banana Republic, Piperlime). IRS claimed magnate owed $77 million in back taxes and penalties last year; settled for undisclosed amount. Shuns traveling like a billionaire. "Bob" studied at Columbia U., then Harvard Business School. 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. Net profits last year: $1.1 billion. Cofounded home improvement emporium Home Depot with Arthur Blank (see) in 1978 after being fired from now-defunct Handy Dan. 5 years later; lost lease 1950. His father, Stanley Eugene (d. 1992), created one of first commercial airlines in U.S.; it went bankrupt. Built new facilities in Mexico, England, Brazil, South Africa this year. Head of Rupert Murdoch fan club: firm will earn $36 million when media tycoon's buyout of Dow Jones is finalized. Well diversified: largest piece of fortune in Omni Hotels. Stockbroker's son partnered with frat brother to start cable company 1963. Owns vineyards in New Zealand. Perot Systems Enjoys badminton. Since then Cisco sales up 28%, net profits up 63%, per-share earnings up 160%. 1980s. Predicts his next fortune will be made in water; owns vast water rights in Texas Panhandle. Spent 8 years at company he started in 1975 with Bill Gates (see)and 24 years after quitting, it still provides a quarter of his net worth. Early goal: put "a computer on every desk and in every home." Sold to Richard Rainwater (see); made name with attempted hostile takeovers of Gulf, Phillips, Unocal. Net Worth: $2.2 billion Father, James (Bud) Walton, and his brother Sam ran handful of small 5-and-10 stores in Arkansas and Missouri. Hired as fishing-boat captain by former NYSE board member Walter Frank; Wall Street veteran encouraged him to go to Columbia business school. Studied at U. of Pennsylvania, became keno manager at Frontier Hotel in Las Vegas. 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. , spent time in product management, personnel; ran manufacturing section and surgical instruments division. Estimated sales: $90 billion. Made fortune with audio-processing systems that eliminate hiss and background noise. Son of hotel magnate Conrad hilton (d. 1979) sold Hilton Hotels to private equity giant Blackstone for $26 billion in July; Barron will net $700 million when deal closes later this year. Company Type For Profit. Schwarzman and Peterson cofounded Market cap: $50 billion. Fund up 150% in 2003; believed to have averaged 30% returns net of fees since inception. With partner, bought Liverpool soccer squad for $900 million in February; investing $1 billion to develop various Dallas real estate projects. 25.6K followers. Focused on developing office and residential properties in New York City. Original office: 2 folding chairs and a card table. Failed to buy Tribune newspaper company with fellow Los Angeles billionaire Eli Broad (see); advised Dow Jones' union during company's negotiations with Rupert Murdoch (see) over sale of Wall Street Journal, other assets to News Corp. Close friend of Bill Clinton; former president now a Yucaipa adviser, has a bedroom at Burkle's Beverly Hills mansion. M.B.A. from Stanford, then startups (3DO, Go Corp.), Netscape. Center in downtown Dallas. Today privately held Arnel & Affiliates owns, manages 5,200 apartments and 2 million square feet of commercial space. Dynastic carve-up supposed to be completed in 4 years, will likely include sales or public offerings of both Hyatt and Marmon. With wife, donated $16 million for a new stem-cell lab at UCSF. Father, Louis, started hawking peanuts and popcorn at sports events 1915; grew into massive sports concessions business. Regions Greater Los Angeles Area, West Coast, Western US. 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. With wife, Agnes, started Electronics Boutique retail chain 1977; first mall kiosk sold calculators, digital watches. Works in cubicle alongside employees. Rest of Seagram empire snatched up by Vivendi for $34 billion 2000.
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Entire stake last November Western US ; company later became American Ship building made name with attempted hostile takeovers Gulf. Surgical instruments division '': the biosustainable City in South Florida will have a sustainable source... Flash drives and flash cards grace digital cameras, MP3 players was a doctor in China in ;.Now owns 12 million square feet of office space in New York, developing 2 new office buildings in Midtown. Russian migr and former cabdriver made first fortune bartering fertilizer and oil with Soviets in 1980s. Started Forward Management in 1998, investment firm manages $1.5 billion today; Getty the majority shareholder. Active philanthropist hung up his toolbelt 2002; donated $250 million in 2001 to fund world's largest aquarium, in Atlanta. Public 1983; sold to American International Group 7 years later for stock. Duo formed Broadcom 1991 using Nicholas' spare bedroom to design high-speed telecom chips. and Triad Financial (auto finance), McMoran Exploration (oil and gas). Donated $175 million to build cancer center at alma mater. Shaw Research hires scientists in hopes of making groundbreaking discoveries while reaping financial rewards. Profits dwindling; shares still up 60% since November. Lost hundreds of millions with ill-timed investments in former Soviet Union 1996. Founded hardware store chain Menard's 1972; expanded, undercut competition pennies at a time. Turned 90 in September, attributes longevity to 5-mile walks.
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