Page 18 - Forbes Magazine-October 31, 2018
P. 18

FORBES


         109. CHARLES DOLAN       109. JOHN MORRIS         er of tree nuts and America’s largest   118. BUBBA CATHY
                                                           citrus grower.
         $5.7 BILLION S SELF-MADE SCORE: (  $5.7 BILLION S SELF-MADE SCORE: (       $5.5 BILLION S SELF-MADE SCORE: $
         SOURCE: CABLE TELEVISION  SOURCE: SPORTING GOODS RETAIL                    SOURCE: CHICK-FIL-A
         AGE: 92 RESIDENCE: OYSTER BAY, NY  AGE: 70        114. EDWARD ROSKI        AGE: 64 RESIDENCE: ATLANTA
                                  RESIDENCE: SPRINGFIELD, MO
         PHILANTHROPY SCORE:                                                        PHILANTHROPY SCORE:
                                                           $5.6 BILLION S SELF-MADE SCORE: %
         Cable pioneer sold Cablevision   PHILANTHROPY SCORE:   SOURCE: REAL ESTATE
         in 2016, but he retains control-  The Bass Pro Shops founder sits atop   AGE: 79 RESIDENCE: LOS ANGELES  118. DAN CATHY
         ling stakes in Madison Square Gar-  an $8 billion (sales) outdoor gear be-  PHILANTHROPY SCORE:
         den Company and AMC Networks.   hemoth after completing his acqui-  His wife’s successful cataract treat-  $5.5 BILLION S SELF-MADE SCORE: $
         MSG, which is led by Dolan’s son,   sition of Cabela’s in 2017; Morris is   ment by ophthalmologists at the   SOURCE: CHICK-FIL-A
                                                                                    AGE: 65 RESIDENCE: ATLANTA
         reportedly explored selling the New   CEO and majority owner of the pri-  University of Southern California
                                                                                    PHILANTHROPY SCORE:
         York Knicks and Rangers, but the   vately held retailer. The conservation-  led the couple to pledge $25 million
         company denies it.       ist has spent $300 million building a   to USC, their alma mater, in 2016   Revenues of the brothers’ Chick-fil-
                                  sprawling museum and aquarium in   for a new eye institute. Roski owns   A keep growing thanks to its indus-
                                                                                    try-best per-store revenues—$4 mil-
         109. NANCY               his hometown of Springfield—home   78 million square feet of commercial   lion in 2017—achieved despite a
                                  to 35,000 fish, reptiles, birds and oth-
                                                           real estate, much of it in California.
         WALTON LAURIE            er creatures—which opened in Sep-  He is also a minority owner of the   commitment to closing on Sundays.
                                  tember 2017.             L.A. Kings and the L.A. Lakers.  Sales rose 13% to $9 billion sys-
         $5.7 BILLION S SELF-MADE SCORE: !                                          temwide in 2017. Today it has over
         SOURCE: WALMART                                                            2,300 locations in the U.S., includ-
         AGE: 67 RESIDENCE: HENDERSON, NV  109. GEORGE ROBERTS  114. RONDA STRYKER  ing 95 new stores so far in 2018. Dan
         PHILANTHROPY SCORE:                                                        is chairman and CEO while brother
                                  $5.7 BILLION S SELF-MADE SCORE: *  $5.6 BILLION S SELF-MADE SCORE: @
         She inherited her stake in Walmart   SOURCE: PRIVATE EQUITY  SOURCE: MEDICAL EQUIPMENT  Bubba, an executive vice president,
         from her father, Bud Walton, the   AGE: 75 RESIDENCE: ATHERTON, CA  AGE: 64 RESIDENCE: PORTAGE, MI   runs the company’s Georgia-based
         brother of company founder Sam.   PHILANTHROPY SCORE:   PHILANTHROPY SCORE:   Dwarf House and Truett’s Grill res-
         She and her husband, Bill Laurie,                                          taurants. Their late father, Tru-
                                  Along with his cousin and former   Stryker and her husband, Wil-
         gave $10 million in 2013 to the Uni-                                       ett Cathy, opened his first chicken
                                  Bear Stearns colleague Henry Kra-  liam Johnston, gave $100 mil-
         versity of Memphis, their alma mater.                                      shack in an Atlanta mall in 1967.
                                  vis and their mentor Jerome Kohl-  lion in 2011 to create a new medi-
                                  berg, he led private equity firm KKR   cal school at Western Michigan Uni-
                                  through a series of debt-financed   versity named for her grandfather,   118. MARTHA INGRAM
                                  hostile takeovers that culminat-  Homer Stryker (d.1980), the inven-
                                  ed with the record 1988 buyout of   tor of the mobile hospital bed. In   & FAMILY
                                  RJR Nabisco. Now with $191 bil-  May the medical school renamed   $5.5 BILLION S SELF-MADE SCORE: $
                                  lion in assets under management,   its auditorium in the couple’s hon-  SOURCE: BOOK DISTRIBUTION,
                                  KKR has moved beyond buyouts,   or. To thank the couple, friends and   TRANSPORTATION
                                  investing in everything from tech-  family raised another $3 million for   AGE: 83 RESIDENCE: NASHVILLE
                                  nology to infrastructure and debt.   the school, which will fund educa-  PHILANTHROPY SCORE:
                                  A trailblazer away from the Street as   tion programs for young students in   Her sons Orrin and John have run
                                  well, Roberts helped create the con-  the area. Stryker is a former teacher   the day-to-day operations of $2.4
                                  cept of venture philanthropy via his   and serves on the board of Stryker   billion (est. sales) Ingram Indus-
                                  nonprofit REDF, which invests in   Corp., which sold $12 billion worth   tries since she stepped down as
                                  companies that provide jobs for the   of medical equipment in 2017. In   CEO 10 years ago. The company,
                                  needy and has 143 social enterprises   August, Stryker Corp. agreed to buy   founded by her late husband, has
                                  employing 28,400 people and gener-  K2M Group Holdings, a maker of   several subsidiaries including In-
                                  ating $505 million in revenue.  spinal surgical products, for $1.4   gram Marine, which has a fleet of
                                                           billion. Her siblings, Jon (No. 251)  150 tow boats and 5,000 barges.
                                  114. STEWART             and Pat (No. 354), are also on The
                                                           Forbes 400.
           109. BERNARD           & LYNDA RESNICK                                   118. JOHN OVERDECK
           MARCUS                 $5.6 BILLION S SELF-MADE SCORE: *  114. SAM ZELL  $5.5 BILLION S SELF-MADE SCORE: *
                                                                                    SOURCE: HEDGE FUNDS
                                  SOURCE: AGRICULTURE, WATER
           $5.7 BILLION S SELF-MADE SCORE: )  AGES: 81, 75    $5.6 BILLION S SELF-MADE SCORE: *  AGE: 48 RESIDENCE: MILLBURN, NJ
           SOURCE: HOME DEPOT     RESIDENCE: BEVERLY HILLS, CA  SOURCE: REAL ESTATE,    PHILANTHROPY SCORE:
           AGE: 89 RESIDENCE: ATLANTA  PHILANTHROPY SCORE:   PRIVATE EQUITY
                                                           AGE: 77 RESIDENCE: CHICAGO
           PHILANTHROPY SCORE:    The couple behind Wonderful Pis-                  118. DAVID SIEGEL
           The Home Depot cofound-  tachios and Fiji Water has  given   PHILANTHROPY SCORE:
           er stepped down as chairman   $550 million to charity,  including   Zell founded Equity Residential,   $5.5 BILLION S SELF-MADE SCORE: *
           in 2002 and has since focused   $80 million in 2017. Much of that   America’s largest real estate invest-  SOURCE: HEDGE FUNDS
                                                                                    AGE: 57 RESIDENCE: SCARSDALE, NY
           on philanthropy, having donat-  is being pumped into California’s   ment trust focused on apartments,
           ed at least $250 million to build   Central Valley, where they own   in the 1960s. His well-timed sale of   PHILANTHROPY SCORE:
           an aquarium in Atlanta. He also   more than 120,000 acres of farm-  REIT Equity Office to Blackstone   Overdeck and Siegel cofounded Two
           funded neurological research   land. They’ve donated $20 mil-  for $39 billion in 2007 was among   Sigma Investments, a quantitative
           hospitals, including one in Col-  lion to an agriculture-career col-  the largest real estate deals ever. To-  trading firm that manages $56 billion,
           orado to treat veterans. Marcus   lege prep program for 7 public high   day his Equity International has 29   up from $5 billion in 2010. Overdeck,
           and coworker Arthur Blank (No.   schools, $106 million to 2 K-12   investments in 15 emerging mar-  who won a silver medal at the Inter-
           136) started Home Depot in 1978   charter schools and $2.5 million to   kets including Argentina, where   national Mathematical Olympiad at
           after being fired from hardware   a local food bank. With $4.2 bil-  it’s co-investing $300 million with   age 16, and Siegel, a computer fanat-
           store Handy Dan.       lion in 2017 revenue, the Wonder-  Goldman Sachs. He also has invest-  ic who got a computer science Ph.D.
                                  ful Co. is the world’s largest grow-  ments in energy, transportation and   from MIT, run the company together.
                                                           healthcare.              They met at hedge fund D.E. Shaw.    MARTIN SCHOELLER
        152     |     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
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