Page 162 - Forbes - USA (October 2019)

168. NATHAN sold equity at a reported $35 also chairs the board of trust- gust it would sell its food order-
billion valuation, increasing the ees at the University of South- ing platform Caviar to competitor
BLECHARCZYK founders’ net worths by $500 ern California, his alma mater, DoorDash for $410 million. Dor-
million each. The company is which has weathered a string sey, the CEO of both companies, is
$4.2 BILLION S SELF-MADE SCORE: *
expected to go public in 2020. of high-profile crises, including also known for his “wellness” hab-
SOURCE: AIRBNB
Gebbia and Chesky met in col- the Varsity Blues college admis- its—from meditating in a cave in
AGE: 36 RESIDENCE: SAN FRANCISCO
lege at Rhode Island School of sions scandal. Caruso’s daugh- Myanmar to eating only one meal
PHILANTHROPY SCORE:
Design, where Gebbia start- ter (a USC student) was friends a day.
ed his first company: portable with one student who was ad-
168. BRIAN CHESKY foam cushions called CritBuns. mitted to USC after her parents 168. JENSEN HUANG
After moving to San Francisco, allegedly paid a bribe; the two
158 $4.2 BILLION S SELF-MADE SCORE: * the pair, who were struggling women were aboard Caruso’s $4.2 BILLION T SELF-MADE SCORE: *
SOURCE: AIRBNB
to make ends meet, bought an yacht when charges were an- SOURCE: SEMICONDUCTORS
AGE: 38 RESIDENCE: SAN FRANCISCO
air bed for their apartment and nounced in March. AGE: 56 RESIDENCE: LOS ALTOS, CA
PHILANTHROPY SCORE:
T rented it out.
S PHILANTHROPY SCORE:
I
L 168. JOE GEBBIA 168. BARRY DILLER His graphics-chip maker Nvidia

E 168. RICK CARUSO is caught in the crosshairs of the
H $4.2 BILLION S SELF-MADE SCORE: * $4.2 BILLION S SELF-MADE SCORE: ( trade war with China. Nvidia said
T
SOURCE: AIRBNB $4.2 BILLION S SELF-MADE SCORE: & SOURCE: ONLINE MEDIA it would acquire computer net-
AGE: 38 RESIDENCE: SAN FRANCISCO SOURCE: REAL ESTATE AGE: 77 RESIDENCE: NEW YORK CITY working firm Mellanox Technolo-
AGE: 60 RESIDENCE: LOS ANGELES
PHILANTHROPY SCORE: PHILANTHROPY SCORE: gies in March for $6.9 billion, but
Airbnb’s trio of cofounders con- PHILANTHROPY SCORE: Diller’s first job was working the deal is pending approval from
tinue to push their home-shar- The man behind Los Angeles’ in the mailroom at the William China, where both companies
ing platform into hotels and popular outdoor shopping mall Morris Agency when he was 19. have a significant customer base.
bed-and-breakfasts as the com- The Grove opened his first hotel Today he oversees media and Its shares were hit last year by
pany tries to attract a wider in March. Rooms at the Rose- dating app conglomerate IAC trade war worries but have been
range of hosts and guests. In wood Miramar Beach Resort and online travel giant Expedia. rebounding. Huang, a Taiwanese
March, Airbnb acquired book- in Montecito, California, start Longtime New Yorker is build- immigrant, waited tables at Den-
ing startup HotelTonight and at a lofty $825 a night. Caruso ing Pier 55—nicknamed Diller Is- ny’s as a high school student and
land—a park and performance says the experience helped him
venue in the Hudson River slat- overcome his shyness.
ed to open in 2021.
• B E G I N N I N G S •
168. JOHN PAULSON
168. DAGMAR DOLBY
$4.2 BILLION T SELF-MADE SCORE: (
& FAMILY SOURCE: HEDGE FUNDS
AGE: 63 RESIDENCE: NEW YORK
$4.2 BILLION T SELF-MADE SCORE: !
PHILANTHROPY SCORE:
SOURCE: DOLBY LABORATORIES
AGE: 78 RESIDENCE: SAN FRANCISCO The arbitrageur famed for his
“big short” of the U.S. subprime
PHILANTHROPY SCORE:

market before the 2008 financial
In September 2018, Dolby donated crisis was once the 17th-rich-
$20 million to UC San Francisco est American. But he has stum-
to establish the Dolby Family Cen-
bled in recent years on ill-fated
ter for Mood Disorders. She has
bets such as one on the consol-
also supported the Academy Foun- idation of the healthcare indus-
dation to fund the construction of
try. His hedge fund firm Paulson
the Academy Museum of Motion
& Co. lost most of its outside in-
Pictures in Los Angeles. A German
vestors and now largely manages
native, she met her late husband, his personal fortune plus nearly
Ray, in 1962 while studying in a $2 billion in his foundation. He
summer language program in the
recently moved his downsized
U.K. Three years later he founded firm into the Manhattan offices
the audio-equipment maker Dolby of piano maker Steinway & Sons,
Laboratories that made them rich.
which he owns.
179. NEAL BLUE & FAMILY
168. JACK DORSEY 168. MARGOT
$4.1 BILLION Ì SELF-MADE SCORE: &
SOURCE: DEFENSE $4.2 BILLION T SELF-MADE SCORE: * BIRMINGHAM PEROT
AGE: 84 RESIDENCE: SAN DIEGO SOURCE: TWITTER, SQUARE
AGE: 42 RESIDENCE: SAN FRANCISCO $4.2 BILLION Ì SELF-MADE SCORE: !
PHILANTHROPY SCORE: N.A.
PHILANTHROPY SCORE: SOURCE: COMPUTER SERVICES,
Blue is chairman and CEO of $2.7 billion (est. sales) defense com- REAL ESTATE
pany General Atomics. The company is best known as the manufac- A licensed massage therapist, AGE: 85 RESIDENCE: DALLAS JAMES BURKE-THE LIFE PICTURE COLLECTION-GETTY IMAGES
Dorsey wrote dispatch software
turer of the Predator drone, which was one of the first drones to fly PHILANTHROPY SCORE:
over Afghanistan after 9/11. He and his brother Linden bought GA for ambulances and cop cars be-
when it was a nuclear energy company in 1986. Three decades earlier fore cofounding two now pub- Her late husband, tech pioneer
Neil (left) and Linden (right), who are looking at a map of South licly traded companies: online and presidential candidate H.
payments firm Square and so- Ross Perot, died in July at 89 after
America in this photo, raised $3,000 to fly a single-propeller Piper
aircraft around the continent. The feat landed them on the cover cial media firecracker Twitter. battling leukemia. She met him on
of Life magazine. Neal Blue later served in the U.S. Air Force as a Square, whose stock dropped in a blind date while he was a stu-
nuclear weapons custodian. the past year, announced in Au- dent at the U.S. Naval Academy.

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