Page 20 - Forbes Magazine-October 31, 2018

FORBES THE LIST

136. GWENDOLYN would become his heir only if he de-
voted one day a month to clean the
SONTHEIM MEYER park. According to park staff, Klyde
has held up his part of the bargain,
$4.9 BILLION S SELF-MADE SCORE: !
SOURCE: CARGILL cleaning yoga mats and pulling weeds.
AGE: 57
RESIDENCE: RANCHO SANTA FE, CA
143. STANLEY
PHILANTHROPY SCORE:
This great-granddaughter of Cargill’s DRUCKENMILLER
founder inherited an estimated 7% $4.8 BILLION S SELF-MADE SCORE: *
stake in the agribusiness giant. The SOURCE: HEDGE FUNDS
heiress trains show-jumping hors- AGE: 65 RESIDENCE: NEW YORK CITY
es on her farm in Rancho Santa Fe, PHILANTHROPY SCORE:
California. Facebook may have lost some of its al-
lure in the past year, but it can again
136. J. CHRISTOPHER count Druckenmiller as a friend. Af-
REYES ter dumping shares in early 2018, he
bought close to 1 million shares of the
$4.9 BILLION S SELF-MADE SCORE: * social network in the second quar-
SOURCE: FOOD DISTRIBUTION ter. He’s been managing his money
AGE: 64 RESIDENCE: HOBE SOUND, FL through a family office after closing
PHILANTHROPY SCORE: his Duquesne Capital Management
hedge fund 8 years ago. Since 2009,
136. JUDE REYES he’s donated more than $1 billion to
his foundation.
$4.9 BILLION S SELF-MADE SCORE: *
SOURCE: FOOD DISTRIBUTION
AGE: 63 RESIDENCE: PALM BEACH, FL 143. SUMNER REDSTONE
PHILANTHROPY SCORE:
$4.8 BILLION T SELF-MADE SCORE: %
149. LES WEXNER The brothers own Chicago-based SOURCE: MEDIA
Reyes Holdings, a $30 billion (sales) AGE: 95 RESIDENCE: BEVERLY HILLS, CA
$4.7 BILLION T SELF-MADE SCORE: *
SOURCE: RETAIL food and drink distributor. It exclu- PHILANTHROPY SCORE:
AGE: 81 RESIDENCE: NEW ALBANY, OH sively distributes Coca-Cola on the Redstone is the controlling share-
West Coast and in the Midwest, as holder of CBS and Viacom through
PHILANTHROPY SCORE:
well as beer brands like Miller and his company National Amusements.
One of America’s longest-serving CEOs, Wexner has developed some of the Heineken. Subsidiary Martin Brow-
country’s best-known mall brands, including Bath & Body Works, Limited In ailing health, he’s entangled in a
Too and Abercrombie & Fitch. In 1982 he paid $1 million for Victoria’s Se- er supplies chains like McDonald’s and series of legal battles. His daughter,
cret. Today his Ohio-based L Brands has $12 billion in sales. He has donat- Chick-fil-A with food. Shari, National Amusements’ pres-
ed nearly a quarter of a billion dollars to institutions in the state, including ident, has long tried to take control
Ohio State University’s Wexner Medical Center. The longtime Republican 136. ROBERT RICH of her father’s companies, causing
announced in September that he was leaving the party. tension, but the problems escalated
$4.9 BILLION T SELF-MADE SCORE: % in May. CBS sued National Amuse-
SOURCE: FROZEN FOODS ments, claiming the parent compa-
AGE: 77 RESIDENCE: ISLAMORADA, FL
134. CHARLES JOHNSON is playing its first full season in the ny breached its “fiduciary duty.” Na-
same stadium that hosts his NFL PHILANTHROPY SCORE: tional Amusements reportedly fired
$5 BILLION T SELF-MADE SCORE: % Falcons. Blank made his fortune His father invented nondairy back, filing a complaint targeting
SOURCE: MONEY MANAGEMENT
AGE: 85 RESIDENCE: PALM BEACH, FL as cofounder of Home Depot, after whipped cream in 1945. Today Rich CBS director Charles Gifford and
he and Bernard Marcus (No. 109) Products, which Rich took over as CEO Leslie Moonves, who, in an-
PHILANTHROPY SCORE:
were fired by home-improvement chairman in 2006, brings in $3.7 bil- other twist, stepped down in Sep-
Johnson pledged $250 million to Yale chain Handy Dan. lion in sales peddling frozen foods tember amid allegations of sexual
in 2013, the university’s largest gift to such as cakes, icings and pizza dough. assault and harassment.
date. When it was announced in 2016 Through a foundation affiliated with
that a new residential college would 136. TED LERNER the company, the Rich family sup-
be named after Benjamin Franklin at $4.9 BILLION WX SELF-MADE SCORE: ( ports community organizations on 143. LEONARD STERN
Johnson’s request, students protest- SOURCE: REAL ESTATE the West Side of Buffalo. $4.8 BILLION S SELF-MADE SCORE: %
ed because of Franklin’s slavehold- AGE: 93 SOURCE: REAL ESTATE
ing past; the college stuck with using RESIDENCE: CHEVY CHASE, MD AGE: 80 RESIDENCE: NEW YORK CITY
Franklin’s name. Johnson led Franklin PHILANTHROPY SCORE: 136. KELCY WARREN PHILANTHROPY SCORE:
Templeton Investments for 56 years Lerner and his family own some $4.9 BILLION S SELF-MADE SCORE: ( Many know his name thanks to his
before retiring in 2013. He is the larg- 20 million square feet of commer- SOURCE: PIPELINES $30 million donation 30 years ago
est individual shareholder of the $770 cial and retail space in the Wash- AGE: 62 RESIDENCE: DALLAS to New York University’s business
billion (assets) firm. His son Gregory ington, D.C., area. His White PHILANTHROPY SCORE: school, renamed in his honor. Stern
is chairman and CEO. Flint Mall site in suburban Mary- CEO and cofounder of pipeline behe- got his M.B.A. from NYU before
land is in contention to become moth Energy Transfer, Warren donat- joining his father Max’s pet-supply
136. ARTHUR BLANK Amazon’s second headquarters. ed $10 million to build a 5-acre park business in 1959. A few years later
In a string of lawsuits, howev-
in Dallas. The Klyde Warren Park,
$4.9 BILLION S SELF-MADE SCORE: ( er, minority owners of the mall which opened in 2012 and is named he bought a warehouse in New Jer-
sey. Now his company, Hartz Moun-
SOURCE: HOME DEPOT site have claimed they are being
AGE: 76 RESIDENCE: ATLANTA after his son, is built above an 8-lane tain, owns over 42 million square
forced out. In June he passed con- freeway. At the opening ceremony, feet of real estate, mostly in New
PHILANTHROPY SCORE: trol of the Washington Nationals Warren apparently joked that his son York and New Jersey.
Blank’s soccer team Atlanta United baseball team to his son Mark. MARTIN SCHOELLER
156 | 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