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