Page 16 - Forbes Magazine-October 31, 2018

FORBES THE LIST

7.5 million square feet of commercial by Square, but he sold $33 million
space, with tenants like Netflix and of Square stock in August and ear-
Apple. He donated more than $400 ly September.
million to his family’s philanthrop-
ic foundation and other charities. In
2017 he pledged $100 million to San- 85. WHITNEY
ta Clara University, his alma mater, MACMILLAN
for a new center dedicated to STEM $6.3 BILLION S SELF-MADE SCORE: @
education. SOURCE: CARGILL
AGE: 89 RESIDENCE: MINNEAPOLIS
83. ANN PHILANTHROPY SCORE:
WALTON-KROENKE MacMillan was the last member
of the Cargill-MacMillan family to
$6.5 BILLION S SELF-MADE SCORE: ! serve as CEO of Cargill, America’s
SOURCE: WALMART largest private company. He led the
AGE: 69 RESIDENCE: COLUMBIA, MO
agri-giant for 19 years before step-
PHILANTHROPY SCORE: ping down in 1995.
The daughter of Bud Walton, who
helped his brother Sam build
Walmart into a retail giant, she is 85. DAVID SHAW
married to fellow Forbes 400 mem- $6.3 BILLION S SELF-MADE SCORE: *
ber Stan Kroenke (No. 58). SOURCE: HEDGE FUNDS
AGE: 67 RESIDENCE: NEW YORK CITY
PHILANTHROPY SCORE:
84. MARC BENIOFF
88. DENNIS WASHINGTON The quantitative hedge fund pioneer
$6.4 BILLION S SELF-MADE SCORE: * started his firm far from Wall Street,
$6.2 BILLION S SELF-MADE SCORE: ) SOURCE: BUSINESS SOFTWARE in a small space above a New York
SOURCE: CONSTRUCTION, MINING AGE: 54 RESIDENCE: SAN FRANCISCO bookstore where employees tripped
AGE: 84 RESIDENCE: MISSOULA, MT
PHILANTHROPY SCORE: over exposed extension cords. D.E.
PHILANTHROPY SCORE: In May, Salesforce, the cloud com- Shaw, which started with $28 mil-
His Washington Companies bought Dominion Diamond Corp. in Can- puting software firm Benioff co- lion, now manages over $51 bil-
ada for $1.2 billion in November 2017. He already owns Seaspan ULC, founded in 1999, celebrated the lion. Shaw handed over the day-to-
one of the largest tug and barge operators on Canada’s West Coast. In the opening of a 1,070-foot office tow- day management of his firm more
U.S., Montana’s richest resident owns a copper mine and regional railroad, er in downtown San Francisco that than 15 years ago; he now spends
among other businesses. He and his wife, Phyllis, a former teacher, have bears its name, though it’s actual- his time working on computational
personally put $840 million into their foundation, which in turn has doled ly co-owned by Mort Zuckerman’s biochemistry research and teaching
out nearly $300 million to more than 1,000 organizations, many in his (No. 280) Boston Properties and at Columbia University.
home state of Montana and most in support of children’s education. Houston-based developer Hines.
The prominence of the build-
ing mirrors the rise of the compa- 88. DANNINE AVARA
79. JENSEN HUANG in 2015. He cofounded the company ny, whose stock is up nearly 60% $6.2 BILLION S SELF-MADE SCORE: !
in 1997 and still serves as its execu-
$6.6 BILLION S SELF-MADE SCORE: * tive chairman. in the past 12 months. Benioff and SOURCE: PIPELINES
AGE: 54 RESIDENCE: HOUSTON
SOURCE: SEMICONDUCTORS his wife, Lynne, have committed
AGE: 55 RESIDENCE: LOS ALTOS, CA more than $500 million to char- PHILANTHROPY SCORE:
79. ROBERT KRAFT itable causes, including gifts and
PHILANTHROPY SCORE:
His graphic-chip maker Nvidia re- $6.6 BILLION S SELF-MADE SCORE: * pledges of more than $325 million 88. SCOTT DUNCAN
cently launched Pegasus, an AI com- SOURCE: NEW ENGLAND PATRIOTS to UCSF for its children’s hospi- $6.2 BILLION S SELF-MADE SCORE: !
puter that enables fully autonomous AGE: 77 RESIDENCE: BROOKLINE, MA tals and research. In September the SOURCE: PIPELINES
driving, and this fall it is set to re- PHILANTHROPY SCORE: couple agreed to buy Time maga- AGE: 35 RESIDENCE: HOUSTON
lease the fastest video-gaming card In January, the Kraft Center for Com- zine from Meredith Corp. for $190 PHILANTHROPY SCORE:
on the market. Nvidia’s stock has munity Health launched a new pro- million.
jumped over 50% in the past year gram that sends a van to distribute
as sales have skyrocketed. Huang clean syringes in Boston neighbor- 85. JACK DORSEY 88. MILANE FRANTZ
cofounded Nvidia in 1993 with hoods with drug-overdose problems; $6.2 BILLION S SELF-MADE SCORE: !
$40,000 and took it public 6 years it also offers prescriptions to help with $6.3 BILLION S SELF-MADE SCORE: * SOURCE: PIPELINES
SOURCE: TWITTER, SQUARE
later. He still calls the shots as CEO. drug cravings and treat overdoses. AGE: 41 RESIDENCE: SAN FRANCISCO AGE: 49 RESIDENCE: HOUSTON
Kraft made his fortune in paper and PHILANTHROPY SCORE: PHILANTHROPY SCORE:
79. RICHARD KINDER packaging and bought the New Eng- The juggling act continues for
land Patriots for $172 million in 1994.
$6.6 BILLION T SELF-MADE SCORE: * It’s worth $3.8 billion today. Dorsey, who has served as CEO 88. RANDA WILLIAMS
SOURCE: PIPELINES of both payments firm Square and $6.2 BILLION S SELF-MADE SCORE: #
AGE: 74 RESIDENCE: HOUSTON Twitter since 2015. While Square is SOURCE: PIPELINES
79. JOHN A. SOBRATO still unprofitable, its stock surged AGE: 57 RESIDENCE: HOUSTON
PHILANTHROPY SCORE:
In April, Kinder and his wife, Nan- $6.6 BILLION S SELF-MADE SCORE: & 213% in the past year, adding $3.8 PHILANTHROPY SCORE:
cy, donated $70 million for the res- SOURCE: REAL ESTATE billion to Dorsey’s fortune. Twitter Williams is the only one of 4 chil-
toration and redesign of Memorial AGE: 79 RESIDENCE: ATHERTON, CA too was up three quarters. All that dren of Dan Duncan, the cofound-
Park in Houston, a large urban park PHILANTHROPY SCORE: more than makes up for his lack er of pipeline giant Enterprise Prod-
that will include about 30 miles of His real estate behemoth Sobra- of a traditional paycheck. In 2017 ucts Partners, to sit on its board; the
trails. Kinder stepped down as CEO to Organization owns 6,700 apart- he declined all compensation from siblings inherited a $10 billion stake
KAMIL BIALOUS
of gas pipeline giant Kinder Morgan ment units along the West Coast and Twitter and was paid a mere $2.75 after Duncan’s death in 2010.

142 | 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