Page 160 - Forbes - USA (October 2019)

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solved the issue. Jacobs has begun cess with its nondairy whipped
handing ownership of the Boston cream. Today it sells cakes,
Bruins hockey team and Delaware icings and pizza dough. Rich
North to his six children. has served as chairman of the
$3.9 billion (sales) company
159. JANE LAUDER since 2006.

$4.3 BILLION S SELF-MADE SCORE: $ 159. ALEJANDRO SANTO
SOURCE: ESTÉE LAUDER
AGE: 46 RESIDENCE: NEW YORK CITY DOMINGO
PHILANTHROPY SCORE: N.A.
156 The daughter of Ronald Laud- $4.3 BILLION S SELF-MADE SCORE: #
SOURCE: BEER
er (No. 159) started her career AGE: 42 RESIDENCE: NEW YORK CITY
at Clinique, the Estée Laud-
T PHILANTHROPY SCORE:
S er brand her father has head-
I ed as chairman since 1994.
L 159. ANDRES SANTO
After stints with other brands
E
H such as Origins, she returned to DOMINGO
T
Clinique and was named Global
Brand President in 2014. $4.3 BILLION S SELF-MADE SCORE: #
SOURCE: BEER
AGE: 41 RESIDENCE: NEW YORK CITY
159. DAVID FILO 159. RONALD LAUDER PHILANTHROPY SCORE:
$4.3 BILLION S SELF-MADE SCORE: % The brothers each hold a 1.75%
$4.3 BILLION T SELF-MADE SCORE: *
SOURCE: ESTÉE LAUDER stake in Anheuser-Busch InBev,
SOURCE: YAHOO
AGE: 75 RESIDENCE: NEW YORK CITY which owns their family’s former
AGE: 53 RESIDENCE: PALO ALTO, CA
Colombian brewer Bavaria. They
PHILANTHROPY SCORE:
PHILANTHROPY SCORE: inherited the stake from their late
The advocacy group that urged
Filo and Jerry Yang (No. 333) dropped out of Stanford’s Ph.D. pro- father. But their paths diverged
gram to start Yahoo in 1994. After plenty of nights at the office in shoppers to avoid SoulCycle and from there. Alejandro, a senior
the early days, they built it into an internet giant, once worth $125 other brands owned by Trump managing director at Quadrant
billion. But that was a long time ago; its core business was sold to supporter Stephen Ross (No. 66) Capital Advisors in New York, pur-
called for a similar boycott of
Verizon for $5 billion in 2016. The rest of Yahoo, notably a stake in chased 20% of Château Pétrus, the
Chinese internet company Alibaba, was renamed Altaba; Filo owns Estée Lauder in August because renowned southern France vine-
a 6% stake. Altaba shareholders voted to liquidate in June, and the of Ron Lauder’s ties to POTUS. yard, in September 2018. Andres
The president of the World Jew-
company plans to sell its remaining Alibaba shares in 2020. cofounded a record label, Kemado,
ish Congress and Estée Lauder and sits on the boards of Conser-
board member gave $100,000 to
vation International and the New
a Trump PAC two years ago and York Public Library.
154. JULIAN recruiter of Victoria’s Secret mod- reportedly showed up at Ross’
els. Epstein’s six-story Manhat- Hamptons fundraiser for Trump.
ROBERTSON JR. tan townhouse, worth $56 million, He has also informally advised the 159. KELCY WARREN

was previously owned by Wexner. White House on Israel. $4.3 BILLION T SELF-MADE SCORE: (
$4.4 BILLION S SELF-MADE SCORE: *
L Brands maintains Epstein was SOURCE: PIPELINES
SOURCE: HEDGE FUNDS
never an employee; it says it has 159. IGOR OLENICOFF AGE: 63 RESIDENCE: DALLAS
AGE: 87 RESIDENCE: LOCUST VALLEY,
hired an outside law firm to re-
NY PHILANTHROPY SCORE:
view the company’s ties with him. $4.3 BILLION S SELF-MADE SCORE: )
PHILANTHROPY SCORE: SOURCE: REAL ESTATE Warren grew up around pipe-
Wexner admitted that he is “em-
Robertson was the stock savant barrassed” by his relationship AGE: 77 RESIDENCE: LIGHTHOUSE lines. When he was young, he
behind Tiger Management— with Epstein. Even before the POINT, FL spent summers as a welder’s
one of the most successful hedge scandal, Victoria’s Secret had been PHILANTHROPY SCORE: assistant. Today the CEO and
funds of the 1980s and ’90s. He losing customers. The Russian immigrant got his chairman of Energy Transfer
shuttered Tiger in 2000 follow- first job after college as an ana- LP oversees more than 86,000
ing heavy losses from the dot-com 159. JEREMY JACOBS SR. lyst for Shell Oil and moonlighted miles of pipelines.
crash, shifting to seeding his pro- as a college math teacher. Today
tégés, the Tiger Cubs. & FAMILY his Olen Properties owns 8.1 mil- 168. BERT BEVERIDGE
lion square feet of office space and
154. LES WEXNER & FAMILY $4.3 BILLION S SELF-MADE SCORE: % 15,662 apartments. $4.2 BILLION S SELF-MADE SCORE: *
SOURCE: FOOD SERVICE
SOURCE: VODKA
AGE: 79 RESIDENCE: EAST AURORA, NY AGE: 57 RESIDENCE: AUSTIN, TX
$4.4 BILLION T SELF-MADE SCORE: * 159. ROBERT RICH JR.
SOURCE: RETAIL PHILANTHROPY SCORE: PHILANTHROPY SCORE: N.A.
AGE: 82 RESIDENCE: NEW ALBANY, OH Jacobs’ concessions giant Dela- $4.3 BILLION T SELF-MADE SCORE: % Beveridge’s company Tito’s
PHILANTHROPY SCORE: ware North and the federal gov- SOURCE: FROZEN FOODS Handmade Vodka is one of the
The CEO of L Brands, which owns ernment settled a long legal fight AGE: 78 RESIDENCE: ISLAMORADA, FL fastest-growing spirits brands in
Victoria’s Secret, made headlines this summer over naming rights PHILANTHROPY SCORE: the U.S. Tito’s sold an estimat-
when former friend and person- at Yosemite National Park. Dela- After college, Rich briefly tried ed 88 million bottles of vodka in
al money manager Jeffrey Ep- ware North lost the contract for his luck in pro hockey, play- 2018, up nearly 40% from 2017.
stein was arrested on charges of Yosemite in 2016 to rival Aramark, ing as the backup goalie for the After graduating from college MERI SIMON-KRT-NEWSCOM
sex trafficking minors in July. Ep- but initially refused to give up Buffalo Bisons in the Ameri- with degrees in geology and
stein, who died by apparent sui- the trademarks for popular ven- can Hockey League. In 1964 he geophysics, he started working
cide in prison in August, alleged- ues. A $12 million payment from joined his dad’s company, Rich in the oil business, including as
ly lured girls by pretending to be a Ara mark and the government re- Products, which had early suc- a well-site geologist.

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