Page 165 - Forbes - USA (October 2019)

195. ANTHONY WOOD 207. JEFFERY HILDEBRAND 207. DOUGLAS LEONE at the time—that led to Sterling
being forced to sell the Los Ange-
$3.9 BILLION Ì SELF-MADE SCORE: * $3.8 BILLION T SELF-MADE SCORE: * $3.8 BILLION WX les Clippers basketball team. His
SOURCE: STREAMING TECHNOLOGY SOURCE: OIL SELF-MADE SCORE: ( wife, Shelly, told ESPN that Ster-
AGE: 53 RESIDENCE: PALO ALTO, CA AGE: 60 RESIDENCE: HOUSTON SOURCE: VENTURE CAPITAL ling now feels like he “fell off a
AGE: 62 RESIDENCE: ATHERTON, CA
PHILANTHROPY SCORE: PHILANTHROPY SCORE: tree and . . . landed on a pile of
PHILANTHROPY SCORE: N.A. gold.”
The Roku CEO had a banner Already the nation’s top oil pro-
year; shares of the hardware ducing company, Hildebrand’s Leone oversees the global strategy
and streaming service compa- Hilcorp Energy announced in of Sequoia Capital, whose recent 217. DAVID BONDERMAN
ny he founded have quintupled August that it is buying BP’s as- exits include the IPOs of Zoom
since January. Wood, a serial en- sets in Alaska. The $5.6 billion and Medallia. Not bad for a one- $3.7 BILLION S SELF-MADE SCORE: & 161
trepreneur, also founded digi- deal includes stakes in Prud- time immigrant who lasted exact- SOURCE: PRIVATE EQUITY
tal video recorder firm Replay- hoe Bay and the Trans Alaska ly two days at his first job collect- AGE: 76 RESIDENCE: FORT WORTH, TX
TV in 1997 and sold it in 2001. Pipeline plus exploration leas- ing golf balls by hand at a driving PHILANTHROPY SCORE: T
He learned to code before high es in the Arctic National Wild- range before moving on. “I spent In March his private equity firm H
school. life Refuge. more money on sodas than I got TPG fired Bill McGlashan, the E

paid,” Leone says. managing partner of its impact F
207. BEN ASHKENAZY 207. MIN KAO & FAMILY fund Rise, for his alleged role O
R
207. JOHN MORRIS in the Varsity Blues college ad- B
$3.8 BILLION T SELF-MADE SCORE: * $3.8 BILLION S SELF-MADE SCORE: * missions bribery scandal. Assets E
S
SOURCE: REAL ESTATE SOURCE: NAVIGATION EQUIPMENT $3.8 BILLION T SELF-MADE SCORE: ( under management are up more
4
AGE: 50 RESIDENCE: NEW YORK CITY AGE: 70 RESIDENCE: LEAWOOD, KS SOURCE: SPORTING GOODS RETAIL than $20 billion, to $108 billion, 0
AGE: 71 RESIDENCE: SPRINGFIELD, MO 0
PHILANTHROPY SCORE: PHILANTHROPY SCORE: according to TPG, which invest-
PHILANTHROPY SCORE: ed in Crunch Fitness and Indi-
The Israeli native bought his Kao is executive chairman of Gar-
first property at 17. His Ash- min, the GPS-device maker he The Bass Pro Shops founder and an beauty company Nykaa in the
kenazy Acquisition now owns cofounded in 1989 with Gary conservationist opened the Won- past year. Bonderman received
shopping centers, luxury shops Burrell (d. June 2019). Prior ders of Wildlife National Museum approval for a new NHL team
and office space from Miami to to Garmin, he did research for and Aquarium in Springfield, Mis- in Seattle, which will begin play
New York, including landmarks NASA and the U.S. Army while souri, built with his $300 million in 2020.
such as Boston’s Faneuil Hall pursuing a master’s and a Ph.D. donation, in 2017. Morris started
and Washington, D.C.’s Union in engineering at the University selling fishing tackle out of his fa- 217. MARIAN ILITCH
Station. of Tennessee. ther’s liquor store in Springfield in
1972. His Bass Pro Shops bought $3.7 BILLION T SELF-MADE SCORE: (
207. JUDY FAULKNER • B E G I N N I N G S • rival Cabela’s in 2017 for $5 billion. SOURCE: LITTLE CAESARS
AGE: 86 RESIDENCE: BINGHAM
207. RICHARD SCHULZE FARMS, MI
$3.8 BILLION S SELF-MADE SCORE: *
SOURCE: HEALTH IT PHILANTHROPY SCORE:
AGE: 76 RESIDENCE: MADISON, WI $3.8 BILLION T SELF-MADE SCORE: * The Michigan native worked at
SOURCE: BEST BUY discount store SS Kresge in Dear-
PHILANTHROPY SCORE:
AGE: 78 RESIDENCE: BONITA SPRINGS, born and then as a Delta reserva-
Her $2.9 billion (revenues) FL
Epic Systems, which she built PHILANTHROPY SCORE: tion clerk in Detroit prior to open-
without outside capital, is ing the first Little Caesars pizza
Schulze worked as a represen- shop with her husband Mike (d.
used to store the records of
tative for an electronics com- 2017) in 1959. The chain is now
250 million patients at medi-
cal centers like Johns Hopkins, ponents manufacturer before worth an estimated $2.9 billion.
opening his stereo equipment The family is spearheading the
the Mayo Clinic and the Cleve-
shop Sound of Music in 1966. development of The District De-
land Clinic.
He grew it into the chain of su- troit, a $1.4 billion project that in-
perstores he renamed Best Buy. cludes new Little Caesars Arena
207. RAKESH GANGWAL He is no longer an executive at and a new headquarters for the
the company but is chairman company.
$3.8 BILLION S SELF-MADE SCORE: * 207. FRED SMITH
SOURCE: AIRLINE emeritus and its largest individ-
AGE: 66 RESIDENCE: MIAMI $3.8 BILLION T ual shareholder. 217. MICHAEL MILKEN
PHILANTHROPY SCORE: N.A. SELF-MADE SCORE: (
SOURCE: FEDEX 207. DONALD STERLING $3.7 BILLION WX
This summer, Gangwal got into a AGE: 75 RESIDENCE: MEMPHIS SELF-MADE SCORE: *
public spat with Rahul Bhatia, his $3.8 BILLION S SELF-MADE SCORE: * SOURCE: INVESTMENTS
PHILANTHROPY SCORE: N.A.
cofounder at IndiGo, India’s larg- SOURCE: REAL ESTATE AGE: 73 RESIDENCE: LOS ANGELES
est airline; each man owns more FedEx is moving into smart AGE: 85 RESIDENCE: BEVERLY HILLS, CA PHILANTHROPY SCORE:
than a third of the budget air- sensors that’ll help to better PHILANTHROPY SCORE: The former financier runs the
line. In July, Gangwal complained track packages. Smith (pic- Milken Institute, known for its an-
to India’s stock market regulator tured in a July 1980 photo) Sterling was a trial lawyer before nual Beverly Hills conference. The
about certain business deals be- is still CEO and chairman of pivoting to real estate in 1963, theme of this year’s conference—
tween IndiGo and Bhatia’s other the package-delivery compa- buying a West Hollywood apart- “Driving Shared Prosperity”—nod-
BETTMANN-GETTY IMAGES 15 years, responded that an inde- He overcame a rare bone dis- tion and, in 2018, was accused of wealth inequality. The Milken In-
ment house. He has been lambast-
ny and owns over 7% of it.
companies. Bhatia, his partner for
ded to growing concerns about
ed for alleged housing discrimina-
Smith has come a long way.
pendent review found “no sub-
stitute is also building the Cen-
unfairly attempting to evict vet-
ease as a child and learned to
stantive irregularities.” Gang-
ter for Advancing the American
erans. In August ESPN released
fly at 15. Smith hatched the
wal started his airline career with
Dream—across from the White
a five-part podcast series revisit-
idea for FedEx as part of a
United Airlines in 1984 and went
on to become CEO of US Airways
open in 2022.
remarks he made to his mistress
Group. term paper at Yale in 1965. ing the scandal—involving racist House in Washington. It’s slated to
O C T O B E R 3 1 , 2 0 1 9 F O R B E S . C O M