Page 126 - Forbes - USA (October 2019)

11. ALICE WALTON Walmart after college as a buyer 13. JULIA KOCH & FAMILY can politicians’ coffers ahead of
of children’s clothes.
the 2020 election. Adelson and
$51.4 BILLION S SELF-MADE SCORE: ! $41 BILLION Ì SELF-MADE SCORE: ! his wife, Miriam, donated over
SOURCE: WALMART 13. CHARLES KOCH SOURCE: KOCH INDUSTRIES $200,000 to the National Repub-
AGE: 70 RESIDENCE: FORT WORTH, TX AGE: 57 RESIDENCE: NEW YORK CITY lican Senatorial Committee in
PHILANTHROPY SCORE: $41 BILLION T SELF-MADE SCORE: % PHILANTHROPY SCORE: July alone. Adelson, who at age
SOURCE: KOCH INDUSTRIES Koch and her three children in- 12 borrowed $200 from his uncle
12. ROB WALTON AGE: 83 RESIDENCE: WICHITA, KS herited a 42% stake in Koch In- to buy the rights to sell newspa-
PHILANTHROPY SCORE: dustries from her husband, David, pers on a Boston street corner,
$51.3 BILLION S SELF-MADE SCORE: $ Koch is in his 52nd year of run- who died in August at age 79. An made a fortune selling comput-
SOURCE: WALMART ning $110 billion (revenues) in- Iowa native who graduated from er-trade-show company Comdex
122 AGE: 75 RESIDENCE: BENTONVILLE, AR to Softbank in 1995. He bought
dustrial conglomerate Koch the University of Central Arkan-
PHILANTHROPY SCORE: Industries, which in August in- sas, she moved to New York in the casino operator Las Vegas Sands
Four weeks after a mass shoot- vested in Ibotta, a mobile pay- 1980s and worked as an assistant in 1989 and is still CEO and ma-
T jority owner. He’s battling non-
S ing at a Walmart store in El ment and coupon app. Koch was to designer Adolfo. In 1991, friends
I Hodgkin’s lymphoma.
L Paso, Texas, left 22 dead, the trained as an engineer at MIT but set up Julia and David on a blind

E nation’s biggest retailer said it worked as a consultant before re- date, which did not go well. They
H would limit ammunition sales, turning home to Wichita in 1961 ran into each other again six 18. MICHAEL DELL
T
end handgun sales in Alas- to join the family business. A po- months later and dated for five
ka and discourage customers litical heavyweight, last Decem- years before marrying in 1996. $32.3 BILLION S
from openly carrying guns in its ber he helped push for passage of SELF-MADE SCORE: *
SOURCE: DELL COMPUTERS
4,700 U.S. stores, even in states the First Step Act, a criminal jus- 15. MACKENZIE BEZOS AGE: 54 RESIDENCE: AUSTIN, TX
where it’s legal to do so. Rob tice reform bill. The act allows
PHILANTHROPY SCORE:
ran Walmart for nearly 25 years; some federal prisoners to be re- $36.1 BILLION Ì SELF-MADE SCORE: #
he stepped down as chair- leased early and improves reentry SOURCE: AMAZON Dell again proved his financial
man in 2015 but still sits on the readiness among the imprisoned AGE: 49 RESIDENCE: SEATTLE engineering wizardry in Decem-
board. Alice briefly worked for population. PHILANTHROPY SCORE: N.A. ber, when he took public his
namesake hardware and storage
Weeks before her divorce from Jeff
giant. The deal raised the hack-
• B E G I N N I N G S • Bezos was finalized, she signed les of Carl Icahn (No. 30), who
the Giving Pledge, promising to said the offering served as an
give more than half of her wealth
“economic windfall mostly at-
to charity. (Jeff has not signed the
tributable to Michael Dell” and
pledge.) Bezos, a novelist who says his partners. The company had
she wrote her first book when she gone private in 2013 following
was 6 (a 142-pager called The Book
a nasty battle with, yes, Icahn.
Worm), has worked as a dishwash-
Dell founded the business out
er, waitress, deli cashier, library of his University of Texas dorm
monitor and a research assistant
room in 1984.
to novelist Toni Morrison.
16. PHIL KNIGHT & FAMILY 19. JACQUELINE MARS
$29.7 BILLION S
$35.9 BILLION S SELF-MADE SCORE: @
SELF-MADE SCORE: *
SOURCE: CANDY, PET FOOD
SOURCE: NIKE
AGE: 80 RESIDENCE: THE PLAINS, VA
AGE: 81 RESIDENCE: HILLSBORO, OR
PHILANTHROPY SCORE:
PHILANTHROPY SCORE:
Knight is the founder of Nike, 19. JOHN MARS
which featured former NFL quar-
terback Colin Kaepernick in a con- $29.7 BILLION S
troversial 2018 ad campaign. “It SELF-MADE SCORE: @
SOURCE: CANDY, PET FOOD
doesn’t matter how many people
AGE: 84 RESIDENCE: JACKSON, WY
hate your brand as long as enough
24. RUPERT MURDOCH & FAMILY people love it,” he said in Febru- PHILANTHROPY SCORE:
ary. “You have to take a stand on The siblings’ candy compa-
$19.1 BILLION S SELF-MADE SCORE: % something.” Knight has said that ny has been innovating. This
SOURCE: NEWSPAPERS, TV NETWORK his decision to feature Kaepernick spring Mars launched its Seeds
AGE: 88 RESIDENCE: NEW YORK CITY was shaped by a conversation he of Change accelerator, provid-
PHILANTHROPY SCORE: had with LeBron James, who wor- ing $50,000 grants to food-fo-
The Australian-born media mogul, pictured in 1960 around ried that his son, who is black, cused startups. In September,
the time he took over the Sydney tabloid the Daily Mirror, would get shot by a policeman. it acquired a majority stake
in Berlin-based protein and
capped his six-decade career in March with one of the biggest
ever media deals. He sold nearly all of 21st Century Fox’s assets— 17. SHELDON ADELSON snack company Foodspring.
including its movie studio, two television networks and stakes in The brother-and-sister duo each
Hulu and Star India—to Disney for $71.3 billion. He kept conser- $34.5 BILLION T own an estimated one third of KEYSTONE-HULTON ARCHIVE-GETTY IMAGES
SELF-MADE SCORE: ) the $35 billion (est. sales) com-
vative media outlet Fox News and the Fox broadcast stations, giv-
SOURCE: CASINOS pany, which was founded by
ing his son Lachlan control of the remaining assets. He’s been in
AGE: 86 RESIDENCE: LAS VEGAS
the media business since his 20s, when he inherited a newspaper their grandfather. While both
PHILANTHROPY SCORE: have retired from the board,
after the death of his father, a former war correspondent. His ca-
reer served as the basis for the Broadway play Ink and partially The casino mogul and Trump Jacqueline’s son is chairman of
inspired the HBO series Succession. supporter is flooding Republi- the board.

O C T O B E R 3 1 , 2 0 1 9
F O R B E S . C O M
FOR METHODOLOGY, WEALTH INHERITED VS. SELF-MADE CHANGE IN WEALTH KEY: S UP T DOWN SIGNATORY OF THE PHILANTHROPY SCORE
SEE P. 181. ! @ # $ % ^ & * ( ) WX UNCHANGED Ì NEW TO LIST 3 RETURNEE GIVING PLEDGE