Page 158 - Forbes - USA (October 2019)
P. 158

145. STANLEY                     tember that he would not run      evolved into the largest staffing   154. JACK DANGERMOND
                                               for president, citing his frus-   firm in the United States, with
              DRUCKENMILLER                    tration with the political sys-   19,000 employees and $13.4 bil-  $4.4 BILLION S SELF-MADE SCORE: *
                                               tem and saying that his inde-     lion in revenue in 2018. Bisciotti   SOURCE: MAPPING SOFTWARE
              $4.7 BILLION T SELF-MADE SCORE: *
                                               pendent run would increase        also owns the NFL’s Baltimore Ra-  AGE: 74 RESIDENCE: REDLANDS, CA
              SOURCE: INVESTMENTS
                                               the odds of reelecting Donald     vens, worth $2.75 billion.       PHILANTHROPY SCORE:
              AGE: 66 RESIDENCE: NEW YORK CITY
                                               Trump (No. 275). Last spring his
              PHILANTHROPY SCORE:                                                                                 The godfather of digital maps
                                               venture capital firm Maveron—      150. CHASE COLEMAN III           started out working at his fa-
              In December the former hedge     which has invested in Groupon                                      ther’s plant nursery in Red-
              fund manager penned a Wall       and trendy shoe firm Allbirds—     $4.5 BILLION S SELF-MADE SCORE: &  lands, California. After high
              Street Journal op-ed urging the   raised $180 million in its lat-  SOURCE: HEDGE FUNDS
      154     Federal Reserve to halt its interest-  est fund. In June 2018  Schultz   AGE: 44 RESIDENCE: NEW YORK CITY  school, he and his then girl-
                                                                                                                  friend and now wife, Laura,
              rate increases, which it did. His   stepped down as chairman of    PHILANTHROPY SCORE:              went to Cal Poly, where he stud-
              Duquesne Capital Management      Starbucks, the coffee chain he
       T      averaged 30% returns for over a   grew from four stores in 1982    A “Tiger Cub” who worked for Ju-  ied environmental science and
       S                                                                         lian Robertson’s legendary hedge   landscape architecture. In 1968
       I      quarter century before Drucken-  to more than 30,000 locations
       L                                                                         fund outfit Tiger Management,     Dangermond worked with a
              miller returned outside money in   worldwide.
       E                                                                         Coleman founded his own tech in-  team at Harvard that developed
       H      2010 and formed a family office.                                   vestment firm in 2001. Now his    the first computer mapping
       T                                       148. HENRY SAMUELI                $30 billion (assets) Tiger Global   software. The next year Danger-
              145. HOWARD SCHULTZ                                                Management has made early-stage   mond moved back to Redlands
                                               $4.6 BILLION S SELF-MADE SCORE: (  investments in companies such as   to start Esri. Today the company
              $4.7 BILLION S SELF-MADE SCORE: )  SOURCE: SEMICONDUCTORS
                                                                                 Juul, Warby Parker and Glassdoor   is worth an estimated $4.4 bil-
              SOURCE: STARBUCKS                AGE: 65 RESIDENCE: NEWPORT
                                                                                 as well as more traditional hedge   lion and its software is used by
              AGE: 66 RESIDENCE: SEATTLE       BEACH, CA
                                                                                 fund investments like positions in   governments, cities and corpo-
              PHILANTHROPY SCORE:              PHILANTHROPY SCORE:               Microsoft and Facebook. He is a   rations across the world.
              Schultz announced in Sep-        Samueli resigned as chief tech-   descendant of Peter Stuyvesant, a
                                               nology officer of chipmaker       director-general of the Dutch colo-  154. JOSHUA HARRIS
                   •   B E G I N N I N G S   •  Broadcom in December 2018,       ny that became New York.
                                               but he remains chairman of the                                     $4.4 BILLION S SELF-MADE SCORE: *
                                               company he cofounded with         150. WALTER SCOTT JR.            SOURCE: PRIVATE EQUITY
                                               Henry Nicholas (No. 179). Sam-                                     AGE: 54  RESIDENCE: NEW YORK CITY
                                               ueli, who owns the Anaheim        & FAMILY                         PHILANTHROPY SCORE:
                                               Ducks hockey team, has bought                                      Harris’ Apollo Global Manage-
                                               land near Anaheim’s Honda         $4.5 BILLION WX
                                                                                 SELF-MADE SCORE: &               ment, which first made a name
                                               Center, the Ducks’ home. Sam-
                                                                                 SOURCE: UTILITIES, TELECOM       for itself by investing in dis-
                                               ueli’s parents were Holocaust
                                                                                 AGE: 88 RESIDENCE: OMAHA         tressed debt, is making inroads
                                               survivors; he stocked shelves
                                                                                 PHILANTHROPY SCORE:              into media, buying majority in-
                                               at his parents’ Los Angeles li-                                    terests in Cox Enterprises’ radio
                                               quor stores as a teenager in the   Scott and old friend Warren Buf-  and broadcast television port-
                                               late 1960s.                       fett teamed up last year to sup-
                                                                                 port a Nebraska initiative to    folios. The deals will give Apol-
                                                                                                                  lo control of over a dozen TV sta-
                                                                                 expand Medicaid in the state, do-
                                               148. SHELDON SOLOW                nating $200,000 each to a sup-   tions and 60 radio stations. Harris,
                                                                                                                  who cofounded Apollo in 1990,
                131. PAUL TUDOR                $4.6 BILLION T SELF-MADE SCORE: (   porting committee called Insure   showed his business chops early:
                                               SOURCE: REAL ESTATE               the Good Life. Nebraska vot-
                JONES II                       AGE: 91 RESIDENCE: NEW YORK CITY  ers approved the expansion in a   The Maryland native spent several
                                                                                 state ballot measure in Novem-   college summers managing lem-
                                               PHILANTHROPY SCORE:
                $5 BILLION S SELF-MADE SCORE:                                    ber 2018.                        onade stands outside the Smith-
                &                              The New York native was a                                          sonian’s National Zoo and other
                SOURCE: HEDGE FUNDS            small-time developer before                                        D.C. spots.
                AGE: 65  RESIDENCE: PALM       erecting 9 West 57th Street in    150. TIM SWEENEY
                BEACH, FL                      1974. The 49-story office tower,   $4.5 BILLION Ì SELF-MADE SCORE: * 154. MITCHELL RALES
                PHILANTHROPY SCORE:            whose tenants include KKR         SOURCE: VIDEO GAMES
                                               and Apollo Global Manage-
                Before attaining acclaim as a                                    AGE: 48 RESIDENCE: CARY, NC      $4.4 BILLION S SELF-MADE SCORE: &
                hedge fund manager, Jones ed-  ment, makes up roughly half of    PHILANTHROPY SCORE: N.A.         SOURCE: MANUFACTURING,
                ited the front pages of his fa-  Solow’s fortune; he is currently                                 INVESTMENTS
                                               working on a 52-story skyscrap-   Over 250 million people, most-   AGE: 63 RESIDENCE: POTOMAC, MD
                ther’s small business newspa-
                                               er across the street.             ly boys ages 10 to 25, have played
                per, the Memphis Daily News.                                                                      PHILANTHROPY SCORE:
                                                                                 his company’s video game Fort-
                The macro trader wrote under                                     nite since it launched in July 2017.   Big art collectors, Rales and his
                the pseudonym Paul Eagle       150. STEPHEN BISCIOTTI            It held the finals for its inaugural   wife, Emily, bought Lee Krasner’s
                while in high school and col-                                    Fortnite World Cup in July at New   The Eye Is the First Circle (1960)
                lege. He then made his first    $4.5 BILLION S SELF-MADE SCORE: *  York City’s Arthur Ashe Stadium,   for $11.7 million in May. It is out
                million trading cotton futures,   SOURCE: STAFFING, BALTIMORE                                     on tour until 2021, at which time
                                               RAVENS                            where finalists competed for more
                before opening Tudor Invest-                                                                      it will be put on display at their
                                               AGE: 59 RESIDENCE: MILLERSVILLE, MD  than $30 million in prize money.
                ment Corp.’s first office (where                                  A 16-year-old took home the top   Glenstone Museum in Potomac,
                he’s pictured) in 1980. Jones,   PHILANTHROPY SCORE:             prize of $3 million. In 2018, Epic   Maryland. They have donated
                who cofounded anti-poverty     Bisciotti worked in the staffing in-  raised $1.25 billion from firms in-  more than $1 billion to the mu-
                group Robin Hood Foundation,   dustry for a year right out of col-  cluding KKR, Kleiner Perkins and   seum’s private foundation. Rales’
                helped launch wildlife conser-  lege before starting Allegis Group,   Vulcan Capital. Sweeney found-  fortune comes from the industrial
                vation nonprofit African Com-   then called Aerotek, in 1983 with   ed the company in 1991 in his par-  firm Danaher, which he cofound-
                munity & Conservation Foun-    his cousin Jim Davis (No. 85).    ents’ house, developing and releas-  ed with his brother Steven (No. 82)
                dation last November.          What started in a basement has                                     in 1983; he still sits on the board.
                                                                                 ing his game ZZT at age 21.

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