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
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