Page 176 - Forbes - USA (October 2019)
P. 176

•   B E G I N N I N G S   •
                                                                                296. PAT STRYKER                 but he still owns U.S. News &
                                                                                                                 World Report and has a stake
                                                                                $2.9 BILLION S SELF-MADE SCORE: !    in real estate developer Boston
                                                                                SOURCE: MEDICAL EQUIPMENT        Properties, which he cofounded
                                                                                AGE: 63 RESIDENCE: FORT COLLINS, CO
                                                                                                                 in 1970. He launched the Zuck-
                                                                                PHILANTHROPY SCORE:              erman STEM Leadership Pro-
                                                                                Her paternal grandfather was     gram in 2016, providing $100
                                                                                Homer Stryker, an orthopedic     million-plus over 20 years to
                                                                                surgeon who founded medical-     foster scientific collaboration
                                                                                devices company Stryker. Her     between the U.S. and Israel.
                                                                                passion for service also comes
      172                                                                       from her maternal grandparents,   306. CLIFFORD ASNESS
                                                                                who were educational mission-
                                                                                aries in China. She has doled out   $2.8 BILLION T SELF-MADE SCORE: *
       T                                                                        nearly $200 million through her   SOURCE: MONEY MANAGEMENT
       S
       I                                                                        Bohemian Foundation to sup-      AGE: 53 RESIDENCE: GREENWICH, CT
       L
                                                                                port initiatives including the na-  PHILANTHROPY SCORE:
       E                                                                        tion’s first memorial of racial ter-
       H                                                                                                         Asness is cofounder of invest-
       T                                                                        ror lynchings.
                                                                                                                 ment management firm AQR
                296. MICHAEL RUBIN                                                                               Capital Management, which
                                                                                296. GLEN TAYLOR                 has $194 billion in assets under
                $2.9 BILLION T SELF-MADE SCORE: *                                                                management as of June. The
                SOURCE: ONLINE RETAIL                                           $2.9 BILLION WX                  firm has had a bad run over the
                AGE: 47 RESIDENCE: BRYN MAWR, PA                                SELF-MADE SCORE: (               past two years. He apologized
                                                                                SOURCE: PRINTING
                PHILANTHROPY SCORE:                                                                              to investors, and AQR laid off
                                                                                AGE: 78 RESIDENCE: MANKATO, MN
                At age 8, Rubin started selling vegetable seeds and homemade sta-                                a small percentage of its work-
                                                                                PHILANTHROPY SCORE:
                tionery door-to-door in his suburban Philadelphia neighborhood. At                               ers. In high school he worked
                                                                                As a teenager Taylor worked on
                10, he hired other kids to shovel driveways. At 12, he started a ski-                            as a cashier and server at a
                tuning shop, pictured above, in his parents’ basement; it spun out   his neighbors’ farms in Min-  Carvel ice cream store in Roslyn
                enough cash for him to buy a Porsche before he turned 16 and net-  nesota for $1 an hour. Three   Heights, New York.
                ted him his first million by age 18. Today, Rubin’s fortune stems from   days after graduating from high
                                                                                school he took a job at a local
                his majority ownership in e-commerce companies including Fanatics                                306. BENNETT DORRANCE
                                                                                printing company. He bought
                and Rue Gilt Groupe.
                                                                                that company in 1975 for $2
                                                                                                                 $2.8 BILLION S SELF-MADE SCORE: @
                                                                                million and grew it into Tay-
                                                                                                                 SOURCE: CAMPBELL SOUP
                                                                                lor Corp., a printing firm with   AGE: 72 RESIDENCE: PARADISE VAL-
              296. VINCENT                     296. HAIM SABAN                  over $2 billion in sales. Taylor   LEY, AZ
                                                                                owns stakes in Minnesota’s NBA
              MCMAHON                          $2.9  BILLION WX                 team, the Timberwolves; its      PHILANTHROPY SCORE:
                                               SELF-MADE SCORE: (               WNBA team, the Lynx; and the     The Campbell Soup heir, who
              $2.9 BILLION T SELF-MADE SCORE: (  SOURCE: TELEVISION NETWORKS,   United FC soccer team.           owns a 15% stake in the com-
              SOURCE: ENTERTAINMENT            INVESTMENTS                                                       pany, remains a director after a
              AGE: 74 RESIDENCE: GREENWICH, CT  AGE: 75  RESIDENCE: BEVERLY HILLS, CA  296. TY WARNER            proxy battle led by activist inves-
              PHILANTHROPY SCORE:              PHILANTHROPY SCORE:                                               tor Daniel Loeb (No. 306). In 2017
                                                                                                                 he donated $45 million worth
              McMahon’s World Wrestling En-    Saban chairs struggling Span-    $2.9 BILLION S SELF-MADE SCORE: )  of Campbell Soup shares to his
              tertainment took a public beating   ish-language broadcast net-   SOURCE: REAL ESTATE, PLUSH TOYS  foundation, which pays for first-
              in March when comedian John      work Univision, which put it-    AGE: 75 RESIDENCE: OAK BROOK, IL  generation students to go to col-
              Oliver excoriated the working con-  self up for sale in July. That   PHILANTHROPY SCORE:           lege in Arizona. Dorrance is a li-
              ditions of its wrestlers on his HBO   same month he said he’d in-  After a failed attempt as a teenage   censed pilot with a hangar in
              show. WWE hit back, challenging   vest $500 million in Saban      actor, the Illinois native accepted   Arizona.
              “every point in his one-sided pre-  Music Group, a new record     a sales job with plush-toy maker
              sentation.” McMahon, who grew    label that will sign global art-  Dakin, where he worked for 20
              up in a trailer park, bought the   ists. Much of his fortune      years. He then designed wood-    306. ARCHIE ALDIS “RED”
              business from his dad and turned   comes from TV (he helped cre-  en music boxes in Italy and later   EMMERSON & FAMILY
              it into a global phenomenon with   ate Mighty Morphin Power       created Beanie Babies. That fad
              $930 million in annual revenue.   Rangers). He got his start in   faded, but his Ty Inc. still makes   $2.8 BILLION T SELF-MADE SCORE: (
              His wife, Linda, headed President   the music industry, working as   miniature plush animals. He’s also   SOURCE: TIMBERLAND, LUMBER MILLS
              Trump’s Small Business Admin-    a concert promoter.              acquired hotels like the Four Sea-  AGE: 90 RESIDENCE: REDDING, CA
              istration before leaving to chair a                               sons New York and Four Seasons   PHILANTHROPY SCORE:
              PAC that supports Trump.         296. ROBERT SANDS                Biltmore in Santa Barbara.       He is the founder and chairman
                                                                                                                 emeritus of Sierra Pacific Indus-
              296. JEFF ROTHSCHILD             $2.9 BILLION T SELF-MADE SCORE: $  296. MORTIMER                  tries, a forest products company
                                               SOURCE: LIQUOR
                                               AGE: 61 RESIDENCE: CANANDAIGUA, NY                                that owns over 2 million acres
              $2.9 BILLION S SELF-MADE SCORE: ^                                 ZUCKERMAN                        in California and Washington.
              SOURCE: FACEBOOK                 PHILANTHROPY SCORE:                                               He began working in lumber
              AGE: 64 RESIDENCE: PALO ALTO, CA  In March, Sands stepped down    $2.9 BILLION WX                  mills at 19, following in the foot-
                                                                                SELF-MADE SCORE: *
              PHILANTHROPY SCORE:              as CEO of his family booze                                        steps of his father, “Curly” Em-
                                                                                SOURCE: REAL ESTATE, MEDIA
              Before becoming one of Face-     business Constellation Brands    AGE: 82 RESIDENCE: NEW YORK CITY  merson, who built and owned
              book’s earliest employees, the en-  to supplant his brother, Rich-  PHILANTHROPY SCORE:            a sawmill in Humboldt Coun-
              gineer turned venture capital in-  ard (No. 275), as chairman. His                                 ty, Califormia. Emmerson’s sons
              vestor worked at Honeywell and   replacement is the first outsid-  Zuckerman sold the New York      George and Mark are president
              Intel. He left Facebook in 2015.  er to serve as CEO.             Daily News in September 2017,    and chairman.

                                                                                                                             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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