Page 111 - Forbes Magazine-October 31, 2018
P. 111
LeaderBoard
NEAR-MISSES
CHRIS WANSTRATH
NOT QUITE $1.4 BILLION
GITHUB
In June, Microsoft an-
ENOUGH nounced it was acquiring
the software-development
THIS YEAR, A record 204 American platform GitHub, cofound-
billionaires didn’t have sufficient wealth ed by Wanstrath in 2007,
to crack The Forbes 400. Those who for $7.5 billion in stock.
failed to make the $2.1 billion cut As part of the deal, he
include a sports legend (Michael Jordan, stepped down as CEO to
$1.7 billion), private-equity giants become a “technical fellow”
who have been 400 regulars (Oaktree at Microsoft. Wanstrath,
Capital’s Bruce Karsh and Howard Marks, 33 (left), who dropped out
$2 billion each) and new billionaires of the University of Cincin-
(Paycom Software’s CEO, Chad Rich- nati in 2005, was GitHub’s
ison, $1.3 billion). For the full list, see largest individual share-
forbes.com/forbes-400-didnt-make-cut. holder.
JIM KAVANAUGH
ANASTASIA SOARE
$1 BILLION $2 BILLION
COSMETICS IT SERVICES
A former pro soccer player,
Soare, who emigrated from Romania in 1989, expanded her L.A. eye-
Kavanaugh was on the 1984
brow salon—clients include Kim Kardashian and Cindy Crawford—
U.S. Olympic team. Six years
into an international makeup phenomenon. Her Anastasia Beverly
later, at 27, he cofounded
Hills brand is sold in more than 1,500 stores and had sales of $200
IT provider World Wide
million last year. Her secret ingredient? Social media. With nearly 18
Technology in St. Louis. To
million Instagram followers and a number of celebrities touting her
fulfill one early order on
products, Soare, 60, has built a low-cost marketing machine.
time, he rented a truck and
drove 500 PCs six hours to
Omaha. Today, at 56, he’s
JIMMY JOHN CEO of the $10.4 billion
LIAUTAUD (sales) company, with a 38%
$1.7 BILLION stake. He’s also part-owner
JIMMY JOHN’S
of the St. Louis Blues hockey
Liautaud, 54, founded his
team.
eponymous sub shop in
1983 at age 19. Although
TIM SWEENEY
he sold a minority stake
$1.8 BILLION
to private-equity investor
FORTNITE
Weston Presidio over a de-
This year’s blockbuster video
cade ago and Roark Capital
game sensation Fortnite
bought a majority stake in
Battle Royale has generated a
2017, Liautaud still owns an
windfall for North Carolina
estimated 35% of the com-
developer Epic Games and
pany and serves as its chair-
founder Sweeney, 47. Since
man. A poor student who
its debut a year ago, Fortnite
graduated near the bottom
has attracted at least 125 BY KATHLEEN CHAYKOWSKI, NOAH KIRSCH, MAX JEDEUR-PALMGREN, MADELINE BERG AND LAUREN GENSLER
of his high school class, Li-
million players and over
autaud started the business
$1 billion of estimated in-
using a $25,000 loan from DAVID PAUL MORRIS/BLOOMBERG; TIMOTHY ARCHIBALD; JOHN KRAYNAK FOR FORBES
game sales (the game is free
his father, an Army veteran.
to play, but players can buy
Jimmy John’s now has nearly
various extras). Sweeney
3,000 locations.
owns an estimated 16% of
the company he founded in
1991 while studying me-
chanical engineering at the
University of Maryland.
32 | FORBES OCTOBER 31, 2018