Page 13 - Forbes Magazine-October 31, 2018

FORBES

ing services, knocking $5 billion from 49. MICKY ARISON
Ergen’s net worth. In 2015 he put
$200 million into a foundation. $9.4 BILLION WX SELF-MADE SCORE: %
SOURCE: CARNIVAL CRUISES
AGE: 69 RESIDENCE: BAL HARBOUR, FL
45. KEN GRIFFIN PHILANTHROPY SCORE:
$10 BILLION S SELF-MADE SCORE: * Arison, his NBA team the Miami
SOURCE: HEDGE FUNDS Heat and the cruise company his
AGE: 50 RESIDENCE: CHICAGO dad founded, Carnival Corp., com-
PHILANTHROPY SCORE: mitted $10 million in relief efforts
The hedge fund manager post- after Hurricane Irma last year. Car-
ed double-digit returns across his nival also used 11 ships to distrib-
funds in 2017, helping assets at his ute food, water, clothing and med-
Chicago-based Citadel rise from ical supplies to hard-hit areas of
$28 billion to around $30 billion. Florida and the Caribbean. Ari-
Griffin began investing as a Har- son dropped out of the Univer-
vard sophomore after he collect- sity of Miami to join Carnival in
ed $265,000 from friends and fami- 1972, the year it was founded. He
ly (including his grandmother) and was the CEO from 1979 to 2013
managed to make money during the and remains chairman of Carnival,
October 1987 market crash. He has which owns Costa, Cunard, Hol-
donated $700 million to date, in- land America and Princess lines,
cluding $300 million to nonprof- among others.
its in Chicago. In November he an-
nounced a new $125 million gift to 49. GORDON
the U. of Chicago.
MOORE
46. ANDREW BEAL $9.4 BILLION S SELF-MADE SCORE: *
47. JAN KOUM SOURCE: INTEL
$9.9 BILLION T SELF-MADE SCORE: * AGE: 89 RESIDENCE: WOODSIDE, CA
$9.6 BILLION WX SELF-MADE SCORE: ) SOURCE: BANKS, REAL ESTATE
SOURCE: WHATSAPP AGE: 65 RESIDENCE: DALLAS PHILANTHROPY SCORE:
AGE: 42 RESIDENCE: SANTA CLARA, CA It’s been 5 decades since Moore
PHILANTHROPY SCORE:
PHILANTHROPY SCORE: and his colleague Bob Noyce at
The nation’s wealthiest banker made
Koum, who cofounded WhatsApp in 2009 with Brian Acton (No. 215), an- his fortune by picking up distressed Fairchild Semiconductor decid-
nounced his resignation as CEO of the messaging app in April, 4 years after assets such as bonds backed by air- ed to jump ship and launch a new
Facebook bought it for $22 billion in cash and stock. Koum wrote on Facebook planes after 9/11, then cashing out chip firm. The pair started off call-
that he would take time off “to do things I enjoy outside of technology, such as at a profit. The college dropout ing it NM Electronics before set-
collecting rare air-cooled Porsches, working on my cars and playing ultimate started Beal Bank in 1988, which tling on Intel, derived from “in-
frisbee.” He has sold or given away more than half his Facebook shares: In 2014 now has $7.4 billion in assets. In tegrated electronics.” Moore, who
he gave $556 million worth of stock to a donor-advised fund. He endowed the December 2017 he sold a sprawling, is famous for coming up with
Koum Family Foundation with $544 million worth of stock in 2016. Moore’s Law, a prediction that
25-acre Dallas estate for $36 mil- computer processing power would
lion, less than 2 years after purchas- double every year, served as Intel
ing it for an undisclosed sum. CEO for more than a decade and
41. DONALD NEWHOUSE Zuckerberg (No. 4) start Facebook, retired as chairman in 1997. Since
& FAMILY Moskovitz and his wife, Cari Tuna, 47. DAVID DUFFIELD then he’s been largely devoted to
have become 2 of the most active
$11 BILLION T SELF-MADE SCORE: % young philanthropists in Ameri- $9.6 BILLION S SELF-MADE SCORE: * philanthropy. Created in 2000, his
SOURCE: MEDIA ca. The couple has donated more SOURCE: BUSINESS SOFTWARE Gordon & Betty Moore Founda-
AGE: 89 RESIDENCE: NEW YORK CITY than $1.4 billion to philanthrop- AGE: 78 tion has donated more than $6.8
PHILANTHROPY SCORE: ic causes, including $1 billion-plus RESIDENCE: INCLINE VILLAGE, NV billion toward environmental con-
While 75% of his estimated net worth to their Good Ventures Foundation, PHILANTHROPY SCORE: servation, patient care, scientif-
comes from stakes in cable TV out- which has given millions to malaria Duffield plans to donate the bulk of ic research and projects in the San
fits Charter Communications and eradication and marriage equality. his fortune to charity and not to his Francisco Bay Area.
Discovery, the remainder includes Moskovitz runs software firm Asa- 10 children. The founder of 2 soft-
Advance assets: more than 2 dozen na, which he founded in 2008 after ware giants, Workday and People- 49. RONALD
newspapers, American City Business leaving Facebook. Soft, has already given away $345
Journals (published in 40 cities) and million to his animal welfare foun- PERELMAN
Condé Nast, which has put maga- dation Maddie’s Fund, named after $9.4 BILLION T SELF-MADE SCORE: &
zines Brides, W and Golf Digest up 44. CHARLES ERGEN his deceased miniature schnauzer. SOURCE: LEVERAGED BUYOUTS
for sale. $10.8 BILLION T SELF-MADE SCORE: * He’s doled out another $200 mil- AGE: 75 RESIDENCE: NEW YORK CITY
SOURCE: SATELLITE TV PHILANTHROPY SCORE:
AGE: 65 RESIDENCE: DENVER lion to, among others, his alma ma-
43. DUSTIN PHILANTHROPY SCORE: ter Cornell and the Safety Net (this Perelman was one of the fiercest
supports former PeopleSoft em-
corporate raiders of the 1980s. His
MOSKOVITZ The satellite-television pioneer ployees “adversely impacted” by daughter Debra made news in May
stepped down as CEO of Dish Net- the Oracle acquisition). He serves when she became the first female
$10.9 BILLION T SELF-MADE SCORE: *
SOURCE: FACEBOOK work (again) in December 2017 to fo- as chairman of Workday, which CEO of cosmetics giant Revlon,
AGE: 34 RESIDENCE: SAN FRANCISCO cus on the company’s new wireless went public in 2012. The uptick in where Perelman owns a control-
network for the Internet of Things.
PHILANTHROPY SCORE: Workday’s stock added more than ling stake. He pledged $100 mil- WOLF-HEIDER-SAWALL/LAIF/REDUX
Shares of Dish tumbled 34% in the $2 billion to his net worth in the lion to Columbia Business School
Since dropping out of Harvard in last year as subscribers fled to stream-
2004 to help his roommate Mark past year. in 2013.
138 | 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