Page 25 - Forbes Magazine-October 31, 2018

THE LIST

190. ALEJANDRO SANTO kerage house Spear, Leeds & Kel- 207. JOE GEBBIA
logg to Goldman Sachs for $6.5 bil-
DOMINGO lion in cash and stock in 2000. He $3.7 BILLION T SELF-MADE SCORE: *
had run the business for nearly 30 SOURCE: AIRBNB
$3.9 BILLION T SELF-MADE SCORE: # AGE: 37 RESIDENCE: SAN FRANCISCO
SOURCE: BEER years. Today he is chairman of $3
AGE: 41 RESIDENCE: NEW YORK CITY billion (assets) IAT Insurance. PHILANTHROPY SCORE:
Ten years after launching Airbnb,
PHILANTHROPY SCORE:
the 3 cofounders are working to
200. DOUGLAS LEONE turn their home and apartment-
190. ANDRES SANTO $3.8 BILLION S SELF-MADE SCORE: ( booking service into a one-stop
DOMINGO SOURCE: VENTURE CAPITAL shop for travel. The company add-
AGE: 61 RESIDENCE: ATHERTON, CA
ed boutique hotels and bed-and-
$3.9 BILLION T SELF-MADE SCORE: # PHILANTHROPY SCORE: N.A. breakfasts to its booking lineup
SOURCE: BEER
AGE: 40 RESIDENCE: NEW YORK CITY Leone leads Sequoia Capital, one of in February, and it’s making a big
the world’s top venture capital firms, push into experiences, for which
PHILANTHROPY SCORE:
with operations in China, India, Isra- hosts lead tours or teach classes
Heirs to a beer fortune, these broth- el and the U.S. Sequoia was the sole like chocolate making. The private
ers each have a stake of 1.7% in An- outside investor in WhatsApp be- company is valued at $31 billion by
heuser-Busch InBev. Alejandro was fore it was acquired by Facebook for investors; it did $2.6 billion in rev-
a key negotiator in the 2016 merger $19 billion in 2014; other big wins in- enue last year and has more than
between AB Inbev and SABMiller, clude Yahoo, Google and LinkedIn. 5 million listings in 81,000 cities
in which his family had a 15% stake. Leone sits on 6 boards, including that 207. KEN LANGONE around the globe. The Airbnb
He now sits on AB Inbev’s board of software firm Medallia. He started $3.7 BILLION S SELF-MADE SCORE: ( founders’ net worths are down ver-
and is a senior managing director at his career at Sun Microsystems. SOURCE: INVESTMENTS sus a year ago because Forbes is us-
Quadrant Capital Advisors. Andres AGE: 83 RESIDENCE: SANDS POINT, NY ing a lower estimate of their own-
is on the board of Conservation In- PHILANTHROPY SCORE: ership stakes.
ternational and the New York Pub- 200. ROBERT MCNAIR Aspiring doctors will now at-
lic Library.
$3.8 BILLION WX SELF-MADE SCORE: * tend NYU School of Medicine tu-
SOURCE: ENERGY, SPORTS ition-free, thanks in part to Lan- 207. JOSHUA HARRIS
AGE: 81 RESIDENCE: HOUSTON
200. ROCCO COMMISSO gone, who pledged $100 million to $3.7 BILLION S SELF-MADE SCORE: *
PHILANTHROPY SCORE: the institution in August. The an- SOURCE: PRIVATE EQUITY
$3.8 BILLION T SELF-MADE SCORE: % nouncement came a decade af- AGE: 53 RESIDENCE: NEW YORK CITY
SOURCE: TELECOM In response to NFL players kneeling
AGE: 68 RESIDENCE: SADDLE RIVER, NJ in protest during the national anthem ter Langone gave $200 million to PHILANTHROPY SCORE:
McNair, owner of the Houston Tex- NYU’s hospital, which bears his After raising nearly $25 billion
PHILANTHROPY SCORE:
ans, reportedly told fellow NFL team name. As an investment banker, he for the largest private equity
Italian-born Commisso tried to buy owners last year that they cannot took many companies public, in- fund ever in 2017, Apollo Glob-
the AC Milan soccer club this sum- “have the inmates running the pris- cluding Ross Perot Sr.’s (No. 172) al Management, which Harris
mer but lost out to Paul Singer’s (No. on.” His comments caused an uproar, Electronic Data Systems, but made cofounded, is looking for deals.
251) Elliott Management. Commis- and he later apologized and said he it big after he helped finance the In August, Apollo announced it
so, who played soccer at Columbia was referring to league officials. Mc- first two Home Depot stores and would buy Bermuda-based Aspen
University and owns the New York Nair bought the franchise in 1999 for later helped take the firm public. “I Insurance for $2.6 billion. A for-
Cosmos pro soccer team, has donat- $700 million after selling his power think my net worth is what good I mer college wrestler and an own-
ed to his alma mater, which named generator company Cogen Technolo- do with what I have,” he told Forbes er in the NBA’s Philadelphia 76ers
its soccer stadium for him in 2013. gies for $1.5 billion. The team is now in July. and NHL’s New Jersey Devils, he’s
His fortune comes from regional ca- worth $2.7 billion. been a supporter of athletic pro-
ble company Mediacom.
grams—such as America Scores—
200. IRA RENNERT ters, is developing a shopping cen- that use sports to help at-risk
200. KEN FISHER ter in northern Virginia and bought youth focus on education.
$3.8 BILLION WX SELF-MADE SCORE: * another in Maryland in January
$3.8 BILLION S SELF-MADE SCORE: * SOURCE: INVESTMENTS
SOURCE: MONEY MANAGEMENT AGE: 84 RESIDENCE: NEW YORK CITY 2017. Altogether it owns 9.2 million 207. MICHAEL MILKEN
AGE: 67 RESIDENCE: CAMAS, WA square feet of retail and mixed-use
PHILANTHROPY SCORE: space, and 49 shopping centers. Saul $3.7 BILLION WX SELF-MADE SCORE: *
PHILANTHROPY SCORE: SOURCE: INVESTMENTS
In 2015 a court ruled that Rennert, was awarded the highest papal hon-
His money management firm Fish- the founder of industrial empire Ren- or that a non-clergyman can receive AGE: 72 RESIDENCE: LOS ANGELES
er Investments finished 2017 with co Group, was liable for improperly in 1991 for his service to the Catho- PHILANTHROPY SCORE:
$96 billion in assets, up $24 billion diverting money from his business to lic Church. As chairman of the Milken Insti-
from the previous year. A longtime help pay for his extravagant home in tute think tank, he convenes gath-
Forbes columnist who published his Southampton, New York. In January, erings of a who’s who of luminar-
last piece in 2016, he now writes reg- Rennert sued his attorneys, alleging 207. NATHAN ies in government, finance, real
ularly for USA Today, the Financial that malpractice led to the $213 mil- BLECHARCZYK estate, the nonprofit world and
Times and several other internation- lion judgment. The suit was reported- more at his Milken Institute Glob-
al publications. Fisher says he is “not ly settled in July. $3.7 BILLION T SELF-MADE SCORE: * al Conference in Beverly Hills
a fan of philanthropy.” SOURCE: AIRBNB
AGE: 35 RESIDENCE: SAN FRANCISCO each spring. He is the leading
fundraiser for the Prostate Cancer
200. BERNARD SAUL II PHILANTHROPY SCORE:
200. PETER KELLOGG Foundation; an August gala in the
$3.8 BILLION S SELF-MADE SCORE: % Hamptons featuring singer John
$3.8 BILLION S SELF-MADE SCORE: $ SOURCE: BANKING, REAL ESTATE 207. BRIAN CHESKY Fogerty raised more than $4 mil-
SOURCE: INVESTMENTS AGE: 86
AGE: 76 RESIDENCE: SHORT HILLS, NJ RESIDENCE: CHEVY CHASE, MD $3.7 BILLION T SELF-MADE SCORE: * lion. Milken was diagnosed with
SOURCE: AIRBNB the cancer in 1993 and launched
PHILANTHROPY SCORE: PHILANTHROPY SCORE: AGE: 37 RESIDENCE: SAN FRANCISCO the foundation to improve treat-
His fortune comes from selling bro- His publicly traded REIT, Saul Cen- PHILANTHROPY SCORE: ment of the disease.
JAMEL TOPPIN
OCTOBER 31, 2018 FORBES | 169