Page 179 - Forbes - USA (October 2019)

• B E G I N N I N G S •
333. W. HERBERT HUNT 333. J. JOE RICKETTS

$2.6 BILLION S SELF-MADE SCORE: $ & FAMILY
SOURCE: OIL
$2.6 BILLION S SELF-MADE SCORE: )
AGE: 90 RESIDENCE: DALLAS
SOURCE: TD AMERITRADE
PHILANTHROPY SCORE:
AGE: 78 RESIDENCE: LITTLE JACKSON
One of oil wildcatter H.L. Hunt’s HOLE, WY
15 children, he and his broth- PHILANTHROPY SCORE:
er Nelson discovered the Sarir
He took nine years to graduate
Field in Libya, one of the larg-
from Creighton University, drop-
est oilfields on the African con- ping out at times to save money for
tinent, in 1961. The brothers 175
tuition. He helped pay his way by
then made a massive bet on
working as a dorm-room janitor.
silver that imploded, causing
Ricketts founded a stock brokerage T
them to file for personal bank- in 1975 that grew into Ameritrade. H
ruptcy in 1988. Hunt has been E

back in The Forbes 400 ranks F
since 2013, after selling oilfields 333. DAN SNYDER O
worth $1.5 billion. He remains R
$2.6 BILLION S SELF-MADE SCORE: *
B
an advisor to Petro-Hunt, which E
SOURCE: WASHINGTON REDSKINS S
picked up land and operating
AGE: 54 RESIDENCE: POTOMAC, MD 4
wells in North Dakota’s Willis- 0
PHILANTHROPY SCORE: 319. AERIN LAUDER
ton Basin in 2018. 0
The value of the Washington
$2.7 BILLION S SELF-MADE SCORE: $
333. DRAYTON MCLANE JR. Redskins, which Snyder bought SOURCE: ESTÉE LAUDER
in 1999, is up 10% to $3.4 billion
AGE: 49 RESIDENCE: NEW YORK CITY
in the past year despite game-
$2.6 BILLION S SELF-MADE SCORE: % PHILANTHROPY SCORE:
day attendance declining 23%
SOURCE: WALMART, LOGISTICS A fashion magnate much in the mold of her famous grandmoth-
AGE: 83 RESIDENCE: TEMPLE, TX in 2018. The team hasn’t won a er Estée Lauder (with whom she’s pictured in 1992), she founded
playoff game since 2005. A col-
PHILANTHROPY SCORE: her own luxury lifestyle brand, AERIN, which curates a variety of
lege dropout, Snyder made his
McLane has put his name and collections in beauty, home decor and accessories. The beauty cat-
fortune with Snyder Communi-
money behind the Texas Cen- egory operates within the Estée Lauder company. In August, she
cations, which he took public in
tral railroad, which aims to con- 1996 and then sold for $2.5 bil- launched a hotel amenity line featuring bath and body products.
nect Dallas and Houston with lion in stock in 2000. She holds a 5.6% stake in Estée Lauder, where she is also the style
Japanese-style bullet trains. and image director.
Construction on the $14 bil-
lion project was slated to begin 333. JERRY YANG
in late 2019, but it may face de-
$2.6 BILLION S SELF-MADE SCORE: ) April and are now looking to
lays due to local opposition. He 342. GEORGE ARGYROS
SOURCE: YAHOO develop a residential and com-
started sweeping the floors at
AGE: 50 RESIDENCE: LOS ALTOS & FAMILY
his family’s grocery distribution HILLS, CA mercial project near Sacra-
company at age 9. In 1991 he mento. As an undergraduate
PHILANTHROPY SCORE: $2.5 BILLION T SELF-MADE SCORE: ( at Stanford, Arrillaga worked
sold the family business to Sam SOURCE: REAL ESTATE, INVESTMENTS
Yang, a Taiwanese immigrant, six jobs—including delivering
Walton. AGE: 82 RESIDENCE: NEWPORT
pursued math and science be- BEACH, CA mail and gardening—just to get
cause of his shaky English. by, despite having a basketball
333. JOHN PRITZKER It turned out to be a shrewd PHILANTHROPY SCORE: scholarship.
move—at his computer science A former owner of the Seattle
$2.6 BILLION S SELF-MADE SCORE: # Mariners, Argyros runs Arnel &
SOURCE: HOTELS, INVESTMENTS Ph.D. program at Stanford, he Affiliates, which owns real es- 342. RILEY BECHTEL
met David Filo (No. 159), and to-
AGE: 66 RESIDENCE: SAN FRANCISCO
gether they founded Yahoo. Yang tate in southern California. The & FAMILY
PHILANTHROPY SCORE: grandson of Greek immigrants,
later started AME Cloud Ven-
An heir to the Hyatt Hotel for- tures—which profited this year he worked his way through $2.5 BILLION T SELF-MADE SCORE: $
tune, he sold his shares in Hyatt high school and college as a pa- SOURCE: ENGINEERING,
from the IPOs of Lyft and Zoom.
to relatives in 2010. He then ac- perboy and supermarket clerk. CONSTRUCTION
quired several boutique-hotel AGE: 67 RESIDENCE: SAN FRANCISCO
management companies, and 342. BRIAN ACTON 342. JOHN ARRILLAGA PHILANTHROPY SCORE: N.A.
FAIRCHILD ARCHIVE-PENSKE MEDIA-SHUTTERSTOCK
in late 2018 sold his Two Roads
$2.5 BILLION T SELF-MADE SCORE: *
Hospitality hotel operation for $2.5 BILLION WX SELF-MADE SCORE: ( 342. STEPHEN BECHTEL JR.
SOURCE: WHATSAPP
$408 million to Hyatt, where his AGE: 47 RESIDENCE: PALO ALTO, CA SOURCE: REAL ESTATE
brother Tom Pritzker (No. 187) AGE: 82 RESIDENCE: PORTOLA $2.5 BILLION T SELF-MADE SCORE: $
PHILANTHROPY SCORE: SOURCE: ENGINEERING,
is chairman. In March the John VALLEY, CA
The cofounder of messaging app CONSTRUCTION
Pritzker Family Fund said it was PHILANTHROPY SCORE: AGE: 94 RESIDENCE: SAN FRANCISCO
donating $25 million to build a WhatsApp, which Facebook ac- He and his business partner
waterfront park in San Francis- quired in 2014 for $22 billion in Richard Peery (No. 306) started PHILANTHROPY SCORE:
cash and stock, left the company
co’s Bayview neighborhood. His their Silicon Valley real estate Stephen and his son Riley each
in late 2017. He has started four
first job: busboy, at age 13. Then firm Peery-Arrillaga by buy- own an estimated 20% of Bechtel,
he became a waiter at Lenny’s philanthropic entities and given ing up farmland in the 1960s; the 121-year-old construction and
just over $1 billion to donor-ad- engineering firm whose revenues
Delicatessen in Hubbard Woods, tenants now include Facebook
vised funds and charities that
Illinois: “The experience … ac- and Google. They sold sever- have declined since 2016. Riley’s
tually set me on the path to- focus on promoting civic engage- al buildings in Mountain View son Brendan is Bechtel’s
wards hospitality.” ment and helping the poor in 10 to Google for $250 million in chairman.
counties in the Bay Area.
O C T O B E R 3 1 , 2 0 1 9 F O R B E S . C O M