Page 133 - Forbes - USA (October 2019)
P. 133

59. MICKY ARISON                 after he pleaded guilty to Florida   ment towers and a retail com-  laboration including more than
                                                 prostitution charges. The foun-  plex; roughly 100,000 people visit   35 California newspapers that is
                $8.1 BILLION T SELF-MADE SCORE: %  dation said the disgraced finan-  on a typical weekend day. In Au-  working to cover income inequal-
                SOURCE: CARNIVAL CRUISES         cier was let go in 2007 and only   gust, Ross hosted a fundraiser for   ity and poverty in the state. The
                AGE: 70  RESIDENCE: BAL HARBOUR, FL  appeared on its tax filings due   Donald Trump at his Southamp-  couple’s Beneficus Foundation
                PHILANTHROPY SCORE:              to a recording error. Black later   ton home, sparking calls to boy-  supports free online tutoring site
                                                 sent an email to employees ex-   cott fitness chains Equinox and   Khan Academy and Climate Re-
                The Carnival Corp. chairman
                                                 plaining that he was unaware of   SoulCycle. Ross is a minority in-  ality Project, which is working to
                donated $1 million to victims of
                                                 Epstein’s conduct when he ap-    vestor in both.                  combat climate change.
                Hurricane Dorian. The company
                donated another $1 million and   pointed him. Black cofounded
                dispatched two cruise ships—     private equity giant Apollo Glob-  67. JOHN DOERR                 67. RICHARD KINDER
                                                 al Management in 1990.                                                                                129
                the Pride and the Liberty—to
                Freeport to deliver relief sup-                                   $7.5 BILLION T SELF-MADE SCORE: *  $7.5 BILLION S SELF-MADE SCORE: *
                plies to the Bahamas. Arison’s   63. RONALD PERELMAN              SOURCE: VENTURE CAPITAL          SOURCE: PIPELINES                    T
                dad, Ted, cofounded Carnival                                      AGE: 68  RESIDENCE: WOODSIDE, CA  AGE: 75 RESIDENCE: HOUSTON          H
                in 1972, and Micky soon joined,   $7.7 BILLION T SELF-MADE SCORE: &  PHILANTHROPY SCORE:           PHILANTHROPY SCORE:                  E

                working in sales before moving   SOURCE: LEVERAGED BUYOUTS        The chairman of venture capi-    Kinder is cofounder and chair-       F
                                                 AGE: 76 RESIDENCE: NEW YORK CITY                                                                       O
                on to reservations. He was its                                    tal firm Kleiner Perkins remains   man of Kinder Morgan, one of        R
                CEO from 1979 until 2013.        PHILANTHROPY SCORE:              one of Silicon Valley’s power bro-  the largest energy infrastruc-    B
                                                 Perelman learned about busi-     kers. An early backer of Google   ture firms in North America, with    E
                                                                                                                                                        S
                60. DAVID GEFFEN                 ness from his father, who ran    and Amazon through the firm,      84,000 miles of pipeline. Hav-
                                                                                                                                                        4
                                                 manufacturing and mining         he’s recently invested in compa-  ing cleared major legal hurdles in   0
                $7.9 BILLION T SELF-MADE SCORE: (  companies. As a teenager he    nies such as health-insights start-  Texas, Kinder Morgan is begin-   0
                SOURCE: RECORD LABELS, MOVIES    worked the loading dock of a     up Cardinal Analytx Solutions,   ning construction of the $2 billion
                AGE: 76 RESIDENCE: BEVERLY HILLS, CA  family brewery. In the 1980s he   health advisor Tia and student-  Permian Highway Pipeline from
                PHILANTHROPY SCORE:              earned a reputation as an ag-    financial-aid tool Mos. With his   Waha, Texas, to the Gulf Coast.
                                                 gressive corporate raider, but   wife, Ann, he has funded projects   Kinder had a paper route growing
                In 1963, the Brooklyn native
                got his start in Hollywood as an   his empire is dwindling. The   like The California Divide, a col-  up in Missouri.
                usher at CBS Television City.    stocks of cosmetics giant Rev-
                                                 lon and gambling business Sci-
                The next year he landed in the
                                                 entific Games are both down
                mailroom of talent agency Wil-                                                         •   B E G I N N I N G S   •
                liam Morris, lying about gradu-  more than 20% this year. In De-
                                                 cember his family foundation
                ating from UCLA. It worked:
                                                 pledged $65 million to Prince-
                Geffen eventually became an
                agent. He then founded his own   ton, where his daughter Debra,
                record labels and later partnered   Revlon’s CEO, went to college.
                with Steven Spielberg (No. 225)
                and Jeffrey Katzenberg to create   63. CHARLES SCHWAB
                DreamWorks.
                                                 $7.7 BILLION T SELF-MADE SCORE: *
                61. TOM & JUDY LOVE              SOURCE: DISCOUNT BROKERAGE
                                                 AGE: 82  RESIDENCE: WOODSIDE, CA
                                                 PHILANTHROPY SCORE:
                $7.8 BILLION S SELF-MADE SCORE: (
                SOURCE: RETAIL & GAS STATIONS    The stock price of Schwab’s epon-
                AGES: 82, 82 RESIDENCE:          ymous brokerage firm is down
                OKLAHOMA CITY                    about 20% in the past year amid
                                                 growing competition. Schwab
                PHILANTHROPY SCORE:
                                                 founded the company in 1971 and
                Before he became a business-
                                                 stepped down as CEO in 2008.
                man, Tom Love was an officer     With his wife, Helen, Schwab
                in the Marines. He left in 1958,
                                                 has donated millions to support
                and six years later he and his
                                                 causes including California char-
                wife, Judy, opened a gas station   ter schools and research for
                in Watonga, Oklahoma. Today      Alzheimer’s and dyslexia. He cut
                their Love’s Travel Stops &
                Country Stores have more than    his teeth in the financial world in
                                                 1963, helping to start The Invest-
                490 locations in 41 states and   ment Indicator newsletter.
                estimated sales of $20 billion.

                63. LEON BLACK                   66. STEPHEN ROSS                   55. HAROLD HAMM & FAMILY

                                                 $7.6 BILLION WX SELF-MADE SCORE: *
                $7.7 BILLION S SELF-MADE SCORE: *                                   $8.8 BILLION T SELF-MADE SCORE: )
                                                 SOURCE: REAL ESTATE
                SOURCE: PRIVATE EQUITY                                              SOURCE: OIL & GAS
                                                 AGE: 79 RESIDENCE: NEW YORK CITY
                AGE: 68 RESIDENCE: NEW YORK CITY                                    AGE: 73 RESIDENCE: OKLAHOMA CITY
                                                 PHILANTHROPY SCORE:
                PHILANTHROPY SCORE:                                                 PHILANTHROPY SCORE:
                                                 After more than a decade of plan-
                The private equity magnate was                                      The youngest of 13 kids born to Oklahoma sharecroppers, Hamm
                                                 ning and construction, Ross’ Re-
                named in the Jeffrey Epstein     lated Companies opened a portion   (above at left in a 1964 photo) picked cotton and tomatoes as a
                scandal this summer when news    of its $25 billion Hudson Yards    child. He later mucked out oil tanks and founded a trucking com-
                broke that tax filings for his fam-                                  pany that hauled water to oilfields. At 21 he started an oil-drilling
                                                 in March. The 28-acre develop-
                ily foundation listed Epstein as                                    outfit. Today his Continental Resources produces 330,000 barrels
                                                 ment on Manhattan’s far west side
                a director until 2012, four years                                   of oil and gas a day in North Dakota, Oklahoma and Montana.
                                                 includes office buildings, apart-
                O C T O B E R   3 1 ,   2 0 1 9                                                                                     F O R B E S . C O M
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