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