Page 180 - Forbes - USA (October 2019)

342. NORMAN BRAMAN enues. John has diversified his Armstrong, in 2010. Pritzker was a Ruzicka was convicted of feder-
wealth outside of the family busi- guitarist and songwriter for Sonia al fraud charges in 2018 and sen-
$2.5 BILLION S SELF-MADE SCORE: ( ness. His majority stakes in the Dada, a fusion rock and soul band. tenced to seven years in prison.
SOURCE: ART, CAR DEALERSHIPS Oakland A’s baseball team and the
AGE: 87 RESIDENCE: MIAMI San Jose Earthquakes soccer team 342. WARREN STEPHENS 355. RON BARON
PHILANTHROPY SCORE: are worth about $1 billion.
Braman owns one of Florida’s $2.5 BILLION T SELF-MADE SCORE: $ $2.4 BILLION S SELF-MADE SCORE: *
largest car dealerships, Braman 342. JOSEPH GRENDYS SOURCE: INVESTMENT BANKING SOURCE: MONEY MANAGEMENT
Motorcars; he first made a fortune AGE: 62 RESIDENCE: LITTLE ROCK, AR AGE: 76 RESIDENCE: NEW YORK CITY
retailing pharmaceuticals and cos- $2.5 BILLION WX PHILANTHROPY SCORE: PHILANTHROPY SCORE:
SELF-MADE SCORE: &
metics. Stephens is the president and CEO A former lifeguard, ice-cream-
176 SOURCE: POULTRY PROCESSING
AGE: 57 RESIDENCE: CHICAGO of Stephens Inc., a privately held truck driver and emergency-
342. JOHN FISHER PHILANTHROPY SCORE: investment bank that his uncle room orderly, Baron made his
T Witt Stephens founded in 1933. fortune holding stocks for the
S $2.5 BILLION T SELF-MADE SCORE: @ Grendys helms Koch Foods, a The Arkansas-based bank under- long haul. His $7 billion flagship
I $3.3 billion (revenues) supplier of
L SOURCE: GAP wrote Walmart’s public offering in fund, Baron Growth, has an an-
chickens to retailers like Walmart
E AGE: 58 RESIDENCE: SAN FRANCISCO 1970 and now has 24 offices in 13 nual turnover of 3%. When mar-
H PHILANTHROPY SCORE: and Kroger. Its Morton, Missis- states. In January a housekeeper kets sank in early August, he
T sippi, plant was one of five poul-
In November Fisher joined his try processors targeted by U.S. got stuck for three days in the ele- loaded up on equities by tripling
brothers William and Robert on vator of a Manhattan town house his usual weekly investment. His
Immigration and Customs En- he owns. In a statement, Stephens’ buy-and-hold approach is even
the board of Gap, the fashion
forcement in August as part of company said it was working “to immune to the Musk-induced tu-
chain started in 1969 by their par-
the largest immigration raids in ensure that something like this mult in Tesla shares. He’s still
ents. Despite announcing plans more than a decade. ICE arrest-
to spin off Old Navy, the compa- never happens again.” bullish about owning the stock.
ed 234 Koch Foods workers, who Founded in 1982 with just $10
ny’s stock is down nearly 40% in
had previously passed the govern- million in assets, Baron Capital
the past year, amid a drop in rev- 342. DAVID WALENTAS
ment’s E-Verify program. today manages over $28 billion.
$2.5 BILLION S SELF-MADE SCORE: )
• B E G I N N I N G S • 342. C. DEAN SOURCE: REAL ESTATE 355. GEORGE BISHOP
AGE: 81 RESIDENCE: NEW YORK CITY
METROPOULOS PHILANTHROPY SCORE: $2.4 BILLION T SELF-MADE SCORE: &
$2.5 BILLION WX After a stroke left his father paral- SOURCE: OIL & GAS
SELF-MADE SCORE: * ized, 6-year-old Walentas spent AGE: 82 RESIDENCE:
SOURCE: INVESTMENTS time on neighboring farms near THE WOODLANDS, TX
AGE: 73 RESIDENCE: PALM BEACH, FL Rochester, New York, as he puts PHILANTHROPY SCORE:
PHILANTHROPY SCORE: N.A. it, “milking cows and shovel- Bishop founded GeoSouthern En-
The man known for saving the ing s--t for my room and board.” ergy in 1981 and became an early
iconic Twinkies and Hostess Years later, in 1979, the hardscrab- investor in the Eagle Ford shale
brands started a small summer ble developer borrowed $12 mil- of South Texas, one of the larg-
landscaping company while he lion to buy two million square feet est natural-gas plays in the U.S.
was in 11th grade. He went on to in New York’s heavily industrial He sold GeoSouthern’s fields there
join lighting and precision-ma- Dumbo neighborhood, now a hot to Devon Energy for $6 billion
terials company Sylvania dur- location in Brooklyn. He credits in 2014, sharing the payday with
ing his junior year at Babson Col- his son Jed, the CEO of Walentas’ Blackstone Group. He reinvest-
lege. Through his Metropoulos & Two Trees real estate firm, with ed the proceeds in the Haynes-
319. OPRAH WINFREY Co., he’s made his fortune turning spearheading the company’s Dom- ville shale of Louisiana the follow-
around and selling such brands as ino Sugar Factory development, ing year. Earlier this year, Bishop
$2.7 BILLION T Chef Boyardee, Pabst Blue Ribbon where Walentas says his new sky- endowed a geology scholarship in
SELF-MADE SCORE: ) and Bumble Bee Tuna. The Greek- scraper at One South First has his name at Mississippi State Uni-
SOURCE: TV SHOWS born entrepreneur, along with pri- started leasing out apartments. versity, his alma mater.
AGE: 65 RESIDENCE: MONTE- vate equity titan Alec Gores (No.
CITO, CA
388), took blank-check company 355. BILL AUSTIN 355. DORIS FISHER
PHILANTHROPY SCORE: Gores Metropoulos public in Feb-
At age 17, after being named ruary. $2.4 BILLION T SELF-MADE SCORE: ( $2.4 BILLION T SELF-MADE SCORE: &
Miss Black Tennessee, Win- SOURCE: HEARING AIDS SOURCE: GAP
frey was offered an on-air 342. DANIEL PRITZKER AGE: 77 RESIDENCE: BROWNSVILLE, TX AGE: 88 RESIDENCE: SAN FRANCISCO
job at a Nashville radio sta- PHILANTHROPY SCORE: PHILANTHROPY SCORE:
tion. While in college she $2.5 BILLION S SELF-MADE SCORE: ! The Starkey Hearing Technologies The stock of Gap, the retail be-
switched to broadcast TV SOURCE: HOTELS, INVESTMENTS founder’s first job helped make hemoth Fisher and her late hus-
(pictured in 1978 as a news AGE: 60 RESIDENCE: MARIN COUNTY, him a billionaire. Austin worked band, Donald, founded 50 years
co-anchor) and made her CA in his uncle’s hearing aid shop ago, is at its lowest point since
mark with her daytime talk PHILANTHROPY SCORE: to help pay for college. Taken by April 2009, and sales are down
show, which ran for 25 sea- In May, after a decade of work, the the way the devices could trans- even at Old Navy, Gap’s high-
sons. Since The Oprah Win- filmmaker and heir to the Hyatt form lives, he dropped out after est-earning brand, which will be AFRO AMERICAN NEWSPAPERS-GADO-GETTY IMAGES
frey Show ended in 2011, fortune finally released Bolden, a a month to create his own hear- spun off from the parent compa-
Winfrey has been busy be- biographical drama about New ing aid production firm, which ny. Doris, who retired from the
hind the camera. A new deal Orleans cornetist Buddy Bold- has become the largest in Ameri- company’s board in 2009, has
with Apple TV+ has her cre- en. The film was Pritzker’s second ca. Customers have included five an art collection valued at an es-
ating content for the stream- foray into the world of jazz. He presidents, two popes and Mother timated $1 billion that includes
ing platform, including doc- produced the critically acclaimed Teresa. After a three-year legal bat- works by the likes of Sol LeWitt
umentaries and TV series. silent biopic Louis, about Louis tle, former Starkey president Jerry and Agnes Martin.

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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