Page 24 - Forbes Magazine-October 31, 2018
P. 24

FORBES

                                                           ginia for him in 2000 after a $60 mil-  ida-based Louisburg Farm, which
         179. JERRY SPEYER        179. STEVEN UDVAR-HAZY   lion donation.           trains horses for show-jumping.
         $4 BILLION S SELF-MADE SCORE: *  $4 BILLION S SELF-MADE SCORE: (
         SOURCE: REAL ESTATE      SOURCE: AIRCRAFT LEASING
         AGE: 78 RESIDENCE: NEW YORK CITY  AGE: 72         190. MARK CUBAN          190. RONALD LAUDER
                                  RESIDENCE: BEVERLY HILLS, CA
         PHILANTHROPY SCORE:                               $3.9 BILLION S SELF-MADE SCORE: *  $3.9 BILLION S SELF-MADE SCORE: %
                                  PHILANTHROPY SCORE:      SOURCE: ONLINE MEDIA     SOURCE: ESTÉE LAUDER
         Founded in 1978, Speyer’s New                     AGE: 60 RESIDENCE: DALLAS  AGE: 74 RESIDENCE: NEW YORK CITY
         York-based Tishman Speyer is   Widely considered the father of the
         best known for redeveloping   airplane leasing industry, Udvar-Ha-  PHILANTHROPY SCORE:   PHILANTHROPY SCORE:
         landmarks like Rockefeller Cen-  zy got into the business after trying   The Dallas Mavericks owner agreed   Lauder is co-chairman of the Alz-
         ter and the Chrysler Building in   and failing to start his own airline   to give $10 million to organizations   heimer’s Drug Discovery Foundation
         Manhattan, the Economist Build-  and realizing there was easier money   supporting women after an investi-  with his brother Leonard Lauder (No.
         ing in London and Yankee Sta-  to be made buying planes and leas-  gation found “numerous instances of   35). The foundation is joining Bill
         dium in the Bronx. Now run by   ing them to other airlines. He co-  sexual harassment and other improp-  Gates (No. 2) and Charles Schwab
         his son Rob, it broke ground in   founded International Lease Finance   er workplace conduct” within the   (No. 52), among others, to fund a
         June on the Spiral, a more than   Corp. in 1973, then sold it to AIG in   Mavericks organization over roughly   $30 million research initiative in Alz-
         1,000-foot-tall Manhattan office   1990 for $1.3 billion. He now chairs   two decades. The Shark Tank star and   heimer’s diagnostics. He also chairs
         tower. In September the San Fran-  airplane leasing company Air Lease,   his fellow Indiana University alum   Clinique Laboratories, a unit of the
         cisco Giants selected Tishman   which he started in 2010. The Smith-  Todd Wagner sold internet radio firm   cosmetics firm founded by his late
         Speyer to develop 28 acres outside   sonian’s National Air & Space Muse-  Broadcast.com to Yahoo for $5.7 bil-  mother, Estée Lauder. A staunch ad-
         the baseball team’s AT&T Park.   um named its sister location in Vir-  lion in stock in 1999. Cuban’s Fallen   vocate for Jewish causes around the
                                                           Patriot Fund has given $5.4 million   world, he also donates to education
                                                           to families of U.S. military personnel   and the arts, including $5 million to
                                                           killed or seriously injured during Op-  build a new dormitory—opened in
                                                           eration Iraqi Freedom.   2017—at the Technion-Israel Insti-
                                                                                    tute of Technology.
                                                           190. TOM GORES
                                                           $3.9 BILLION S SELF-MADE SCORE: *  190. GABE NEWELL
                                                           SOURCE: PRIVATE EQUITY   $3.9 BILLION T SELF-MADE SCORE: *
                                                           AGE: 54 RESIDENCE: BEVERLY HILLS, CA  SOURCE: VIDEO GAMES
                                                           PHILANTHROPY SCORE:      AGE: 55 RESIDENCE: SEATTLE
                                                           Gores and his brother Alec (No. 368)   PHILANTHROPY SCORE: N.A.
                                                           were born in Israel and grew up in   Up to 18 million video game players
                                                           Flint, Michigan. In 2016 his nonprofit   log in to the Steam digital store each
                                                           FlintNow launched a $25 million eco-  day to play and purchase games from
                                                           nomic development program that in-  developers all over the world. Valve
                                                           cluded small business loans to sup-  Corp., the brainchild of Newell, who’s
                                                           port the struggling city, with contri-  also the developer of Steam, takes a
                                                           butions from area businesses and oth-  cut from every sale. Newell cofound-
                                                           er foundations. He and Alec are both   ed Valve in 1996 with a former Micro-
                                                           private equity investors: They run   soft colleague, and had early success
                                                           their own firms but worked togeth-  with games like Half-Life and Team
                                                           er until 1995.           Fortress Classic. Forbes lowered the es-
                                                                                    timate of Newell’s net worth because
                                                           190. EDWARD JOHNSON IV   of his divorce.
                                                           $3.9 BILLION S SELF-MADE SCORE: @
                                                           SOURCE: MONEY MANAGEMENT  190. HENRY SAMUELI
                                                           AGE: 53 RESIDENCE: BOSTON
                                                                                    $3.9 BILLION S SELF-MADE SCORE: (
                                                           PHILANTHROPY SCORE:      SOURCE: SEMICONDUCTORS
                                                                                    AGE: 64
                                                                                    RESIDENCE: NEWPORT BEACH, CA
                                                           190. ELIZABETH           PHILANTHROPY SCORE:
                                                           JOHNSON                  After Broadcom gave up its bid for
                                                                                    chipmaker Qualcomm earlier this
                                                           $3.9 BILLION S SELF-MADE SCORE: !
                                                           SOURCE: MONEY MANAGEMENT  year, the semiconductor compa-
                                                           AGE: 55 RESIDENCE: BOSTON  ny went looking for another tar-
           190. HARRY STINE                                PHILANTHROPY SCORE:      get. In July, it announced it would
                                                                                    scoop up enterprise software com-
           $3.9 BILLION WX SELF-MADE SCORE: )              The siblings of Fidelity Investments
           SOURCE: AGRICULTURE                             CEO Abigail Johnson (No. 28), Ed-  pany CA Technologies in an $18.9
           AGE: 76 RESIDENCE: ADEL, IA                                              billion all-cash deal. Samueli now
                                                           ward and Elizabeth each own an es-
           PHILANTHROPY SCORE:                             timated 5.6% of FMR, parent of the   serves as the chief technology offi-
           Stine, who grew up on an Iowa farm and made his fortune in genetical-  mutual fund giant started by their   cer of Broadcom. He cofounded the
           ly modified soybean and corn seeds, is looking to modernize farming. His   grandfather. Edward is president of   firm in 1991; it was acquired by chip
           Stine Seed, the largest private seed company in the nation, announced in   Pembroke, which manages 8.5 mil-  maker Avago of Singapore in 2015,
           June that it had invested $5 million in Smart Ag, a startup that develops   lion square feet of residential and   then became Broadcom Ltd. Samu-
           software and aftermarket kits for driverless tractors. Stine has donated to   commercial property, including Bos-  eli and his wife, Susan, pledged $200
           numerous Iowa institutions, including McPherson College, Drake Univer-  ton’s waterfront Seaport Place, and is   million in 2017 to UC Irvine for the
           sity and Spurgeon Manor, a skilled nursing facility for seniors.  owned by FMR. Elizabeth, an eques-  College of Health Services, which
                                                                                                              JAMIE KRIPKE
                                                           trian, is founder and owner of Flor-  will bear their name.

        168     |     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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