Page 12 - Forbes Magazine-October 31, 2018

FORBES THE LIST

29. HAROLD HAMM ing research in science, energy and 38. PIERRE OMIDYAR
sustainability.
& FAMILY $11.6 BILLION S SELF-MADE SCORE: *
SOURCE: EBAY
$17.2 BILLION S SELF-MADE SCORE: ) 35. LEONARD LAUDER AGE: 51 RESIDENCE: HONOLULU
SOURCE: OIL & GAS
AGE: 72 RESIDENCE: OKLAHOMA CITY $13.4 BILLION S SELF-MADE SCORE: % PHILANTHROPY SCORE:
SOURCE: ESTÉE LAUDER In 2017, Omidyar and his wife Pam’s
PHILANTHROPY SCORE:
AGE: 81 RESIDENCE: NEW YORK CITY philanthropic outlet gave close to $260
His Continental Resources reported
a 25% production jump in the sec- PHILANTHROPY SCORE: million to nonprofits such as Poland’s
ond quarter, to more than 150,000 Lauder, the ex-chairman of cosmet- civic technology nonprofit ePaństwo
barrels of oil a day. The son of share- ics giant Estée Lauder, has donated Foundation. Through their Omidyar
croppers, he founded the company hundreds of millions to the arts, ed- Network alone, the couple has given
in 1967 and built it into the largest ucation and health research; the new away more than $700 million. He also
producer in North Dakota’s Bakken building of New York City’s Whit- established First Look Media, which
formation, the nation’s premier oil- ney Museum was named in his hon- launched the Press Freedom Defense
field. Hamm, who has Type 2 diabe- or. He announced a gift of 78 Cubist Fund in 2017 to provide financial sup-
tes, has donated more than $30 mil- artworks worth more than $1 billion port for journalists in legal battles be-
lion to the Oklahoma Diabetes Cen- to New York’s Metropolitan Museum cause of their reporting. Omidyar
ter at the University of Oklahoma. of Art in 2013, but the museum’s plan founded online auction firm eBay in
to build a new wing to display the art 1995 and spun off its online payments
is on pause, reportedly lacking a do- subsidiary Paypal in 2015. He stepped
30. DONALD BREN nor to fund it. down as eBay’s chairman in 2015 and
from Pay pal’s board in late 2017.
$16.4 BILLION S SELF-MADE SCORE: *
SOURCE: REAL ESTATE 34. STEPHEN
AGE: 86 SCHWARZMAN 36. STEVE COHEN
RESIDENCE: NEWPORT BEACH, CA 38. DAVID TEPPER
$13 BILLION WX SELF-MADE SCORE: *
$13.8 BILLION S SELF-MADE SCORE: *
PHILANTHROPY SCORE: SOURCE: HEDGE FUNDS $11.6 BILLION S SELF-MADE SCORE: *
SOURCE: PRIVATE EQUITY SOURCE: HEDGE FUNDS
Bren is the sole owner of Irvine Com- AGE: 71 RESIDENCE: NEW YORK CITY AGE: 62 RESIDENCE: GREENWICH, CT AGE: 61 RESIDENCE: MIAMI BEACH, FL
pany, which has residential and of- PHILANTHROPY SCORE: PHILANTHROPY SCORE:
fice properties in Los Angeles, Orange Cohen is back in business. His Point72 PHILANTHROPY SCORE:
County, San Diego and Silicon Valley. The Blackstone cofounder and CEO Asset Management started managing Tepper is betting bigger on football.
He also owns nearly all of the iconic said in July that his firm expects to outside capital in early 2018 and now The Pittsburgh native, who has owned
MetLife Building in New York City. surpass the half-trillion mark for oversees $13 billion. For years, Cohen a 5% stake in the Steelers for years,
Bren has donated more than $220 mil- assets under management within ran SAC Capital, one of the most suc- paid $2.3 billion for the Carolina Pan-
lion to California schools and has en- the next year. Earlier this year, the cessful hedge funds ever, but he was thers in July. The NFL does not allow
dowed 50 permanent chairs at univer- Pennsylvania native and son of a forced to shut it down after the firm ownership of 2 teams, so he will be
sities to advance research. dry goods store owner announced pleaded guilty in 2013 to insider trad- selling his Steelers stake. His Appaloo-
he would donate $25 million to his sa Management oversees $15 billion,
alma mater, Abington High School. ing charges that cost Cohen $1.8 bil- most of which belongs to Tepper and
lion in penalties. He was never crim-
31. CARL ICAHN It was lauded as the biggest gift ever inally charged but agreed to a 2-year his employees.
to a public school, but the plan to
$16.3 BILLION T SELF-MADE SCORE: ( rename the school after him was regulatory ban preventing him from
SOURCE: INVESTMENTS managing client capital. He has donat- 40. PHILIP ANSCHUTZ
AGE: 82 RESIDENCE: NEW YORK CITY scotched after a backlash from the ed $630 million over his lifetime, in-
community. Schwarzman still came
PHILANTHROPY SCORE: cluding $36 million to Cohen’s Veter- $11.3 BILLION T SELF-MADE SCORE: %
through with his gift. Other no- SOURCE: INVESTMENTS
Icahn claimed victory this winter in table donations include $100 mil- an Network, which provides mental AGE: 78 RESIDENCE: DENVER
his 5-year bet over Herbalife with fel- lion to the New York Public Library health care to veterans. PHILANTHROPY SCORE:
low activist investor Bill Ackman, who and $117 million to Schwarzman
exited his short position on the nu- Scholars, which sends students from 37. THOMAS FRIST JR. He collects businesses that range
trition company after reportedly los- around the world to a one-year from the NHL Kings and a chunk of
ing approximately $1 billion. Filings master’s program in China. & FAMILY the L.A. Lakers to venues like Lon-
showed that Icahn gained about the $11.9 BILLION S SELF-MADE SCORE: & don’s O2 Arena and L.A.’s Staples Cen-
same amount. A medical school drop- SOURCE: HOSPITALS ter. Anschutz has begun work to turn
out (he went to NYU med school for 2 33. ERIC SCHMIDT AGE: 80 RESIDENCE: NASHVILLE 320,000 acres of Wyoming ranchland
years), Icahn has donated nearly $200 PHILANTHROPY SCORE: into one of the world’s biggest wind
million to what is now called the Icahn $14.4 BILLION S SELF-MADE SCORE: ^ The HCA Healthcare cofounder sup- farms. He has given nearly $300 mil-
SOURCE: GOOGLE
School of Medicine at Mount Sinai. AGE: 63 RESIDENCE: ATHERTON, CA ports the Frist Art Museum in Nash- lion to the University of Colorado’s
Anschutz Medical Campus.
PHILANTHROPY SCORE: ville with annual contributions of
32. LUKAS WALTON Schmidt stepped down as chairman about $5 million. Over the past 5
of Alphabet in January, ending his years the Frist Foundation, set up by 41. JOHN MENARD
$15.3 BILLION S SELF-MADE SCORE: ! Frist and his father, has given more
SOURCE: WALMART 17 years as an executive. He remains $11 BILLION S SELF-MADE SCORE: (
AGE: 32 RESIDENCE: JACKSON, WY on the board and will serve as a tech- than $50 million in grants to nonprof- SOURCE: HOME IMPROVEMENT STORES
nical adviser. In February he signed its in the Nashville area and across the AGE: 78 RESIDENCE: EAU CLAIRE, WI
PHILANTHROPY SCORE:
on as a visiting innovation fellow at country. Although Frist hasn’t held an PHILANTHROPY SCORE:
A grandson of Walmart found- executive position at HCA since 2001,
er Sam Walton, he graduated from MIT and in June raised a $333 mil- he continues to benefit from the com- The majority owner of the Mid-
Colorado College with a liberal arts lion fund for Innovation Endeavors, pany’s expanding network of 179 hos- west’s Home Depot, his Menards—
degree with a focus on environ- a venture capital firm he cofound- pitals, up from 170 at the beginning of one of the country’s largest private
mentally sustainable business. He ed. Schmidt and his wife Wendy’s pri- 2017. He owns nearly 20% of the hos- firms—had $10 billion in estimated
chairs the Environment Program vate foundation, with $450 million in pital operator, and his sons Thomas 2017 revenue, up 5% from the pre-
Committee of the Walton family’s net assets, gives about $20 million to III and William are board members. vious year. He founded the company
JAMEL TOPPIN
foundation. $30 million a year to groups advanc- 60 years ago.
136 | FORBES OCTOBER 31, 2018 WEALTH INHERITED VS. SELF-MADE CHANGE IN WEALTH KEY: S UP T DOWN SIGNATORY OF THE PHILANTHROPY RATING
! @ # $ % ^ & * ( ) WX UNCHANGED Ì NEW TO LIST 3 RETURNEE GIVING PLEDGE