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

