Page 28 - Forbes Magazine-October 31, 2018

FORBES THE LIST

232. DAVID STEWARD 239. ALLAN GOLDMAN including Google, Facebook and UCLA Pritzker Center for Strength-
Hewlett-Packard, Paul recent-
ening Children & Families.
$3.4 BILLION Ì SELF-MADE SCORE: ) $3.3 BILLION S SELF-MADE SCORE: $ ly completed a 70-story mixed-use
SOURCE: IT PROVIDER SOURCE: REAL ESTATE skyscraper in downtown San Fran-
AGE: 67 RESIDENCE: ST. LOUIS AGE: 75 RESIDENCE: NEW YORK CITY 239. LYNN
cisco. The building’s penthouse is
PHILANTHROPY SCORE: PHILANTHROPY SCORE: currently on sale for $42 million. SCHUSTERMAN
One of 8 children, Steward milked
cows and slopped hogs on the family 239. JANE GOLDMAN $3.3 BILLION S SELF-MADE SCORE: !
SOURCE: OIL & GAS, INVESTMENTS
farm before school every day while 239. ANTHONY PRITZKER AGE: 79 RESIDENCE: TULSA
his dad worked as a mechanic, trash $3.3 BILLION S SELF-MADE SCORE: $ $3.3 BILLION T SELF-MADE SCORE: # PHILANTHROPY SCORE:
collector and janitor to make ends SOURCE: REAL ESTATE SOURCE: HOTELS, INVESTMENTS
AGE: 63 RESIDENCE: NEW YORK CITY
meet. After graduating from Cen- AGE: 57 RESIDENCE: LOS ANGELES When Schusterman sold oil firm
tral Missouri State University, he PHILANTHROPY SCORE: PHILANTHROPY SCORE: Samson Resources in 2011 for $7.2
sent out 400 résumés in 3 years be- Hyatt Hotels heirs Tony and his billion, she directed $2.3 billion of
fore landing his “dream job” at Mis- 239. AMY GOLDMAN brother J.B. (No. 251) own the Pritz- the windfall to the Charles & Lynn
souri Pacific Railroad. He cofounded ker Group, a private equity and ven- Schusterman Family Foundation,
IT provider World Wide Technolo- FOWLER ture capital firm. In April the group which is devoted to Jewish chari-
gy in 1990. Now he has a 62% stake $3.3 BILLION S SELF-MADE SCORE: @ spun out PPC Partners, where Tony ties, including Birthright Israel and
in the $10.4 billion (sales) compa- SOURCE: REAL ESTATE is CEO, with the purpose of acquir- K–12 education.
ny, which counts Citigroup, Verizon AGE: 64 RESIDENCE: RHINEBECK, NY ing middle-market companies. Three
and the federal government among PHILANTHROPY SCORE: months later PPC said it had raised 239. MEG WHITMAN
its customers. In July the jazz lov- $1.8 billion for its first fund, mostly
er donated $1.3 million to the jazz 239. DIANE KEMPER from wealthy families, and purchased $3.3 BILLION S SELF-MADE SCORE: ^
SOURCE: EBAY
studies program at the University private label food maker C.H. Guen- AGE: 62 RESIDENCE: ATHERTON, CA
of Missouri-St. Louis. His daughter $3.3 BILLION S SELF-MADE SCORE: @ ther & Son. Tony and his wife, Jeanne, PHILANTHROPY SCORE:
was a producer of the film Manches- SOURCE: REAL ESTATE gave $10 million this year for the
AGE: 73 RESIDENCE: NEW YORK CITY
ter by the Sea. Whitman’s tenure as CEO of
PHILANTHROPY SCORE: Hewlett-Packard Enterprise ended
These 4 siblings inherited a vast real in February. The following month
239. DAVID BONDERMAN estate fortune from their father, Sol she took the top job at Jeffrey Kat-
$3.3 BILLION S SELF-MADE SCORE: & Goldman (d. 1987), once New York zenberg’s mobile media startup,
SOURCE: PRIVATE EQUITY City’s biggest landlord. Jane and Al- NewTV, which raised $1 billion in
AGE: 75 lan are cochairs of their Solil Man- August. Whitman, who led eBay
RESIDENCE: FORT WORTH, TX from $5.7 million (sales) in 1997 to
agement, which owns more than 400
PHILANTHROPY SCORE: properties in the city. The clan has $8.5 billion in 2008, joined Drop-
Bonderman’s TPG exited from endowed the deanship at Yale Law box’s board in September 2017.
Chobani in June, 4 years after it School and funds a clinic there fo-
rescued the yogurt maker when cused on family advocacy. 251. JOHN MIDDLETON
it needed cash. The private equity
firm, which he cofounded in 1992, $3.2 BILLION S SELF-MADE SCORE: %
also led a $1.9 billion deal in April 239. VINCENT MCMAHON SOURCE: TOBACCO
AGE: 63 RESIDENCE: BRYN MAWR, PA
to fund Du Xiaoman, the fintech $3.3 BILLION 3 SELF-MADE SCORE: (
spinoff of Chinese internet giant SOURCE: ENTERTAINMENT PHILANTHROPY SCORE:
Baidu, along with other investors AGE: 73 RESIDENCE: GREENWICH, CT Best known for owning nearly half
such as Carlyle. Through his Wild- PHILANTHROPY SCORE: of the Philadelphia Phillies, Mid-
cat Foundation, Bonderman has Shares of McMahon’s company dleton made his fortune selling
donated tens of millions to support World Wrestling Entertainment his family’s storied tobacco busi-
wildlife conservation. have nearly tripled in the past year, 239. JOHN ARNOLD ness, John Middleton Co., to Phil-
putting McMahon back on The $3.3 BILLION WX SELF-MADE SCORE: * ip Morris parent Altria for $2.9 bil-
Forbes 400 for the first time since SOURCE: HEDGE FUNDS lion in 2007. His sister later sued
239. LEON G. 2002. Its programming is a life- AGE: 44 RESIDENCE: HOUSTON him, claiming he cheated her out of
COOPERMAN line for cable networks, which are PHILANTHROPY SCORE: her inheritance. He objected to the
increasingly reliant on live con- The Enron gas-trading wunderkind claims and reached a reported $22
$3.3 BILLION S SELF-MADE SCORE: ( million settlement.
SOURCE: HEDGE FUNDS tent to attract viewers. He grew up stopped managing other people’s
AGE: 75 RESIDENCE: SHORT HILLS, NJ in a trailer park in North Carolina money in 2012 at age 38, but Ar-
and joined his father’s small wres- nold is still investing. Last year his
PHILANTHROPY SCORE: 251. J.B. PRITZKER
tling promotion company in 1972. Centaurus Renewable Energy sold
After 27 years, Cooperman is clos- $3.2 BILLION T SELF-MADE SCORE: #
ing his hedge fund, Omega Advi- McMahon purchased the business a collection of solar farms. His in- SOURCE: HOTELS, INVESTMENTS
sors, and converting it to a fami- 10 years later, then transformed it vestments have generated signif- AGE: 53 RESIDENCE: CHICAGO
ly office. His exit comes after 2 years into an international phenomenon, icant gains: He and his wife, Lau- PHILANTHROPY SCORE:
of strong investment results and with programs broadcast in more ra, have put $900 million into their J.B. stepped down from running
the resolution of an insider trad- than 180 countries. foundation in the past 5 years; it private equity firm Pritzker Group
ing probe he settled last year, with- has assets of $2 billion. The foun- with his brother Anthony (No.
out admitting or denying the allega- 239. JAY PAUL dation has made nearly $500 mil- 239) in early 2017 in order to run
tions. “I don’t want to spend the rest lion in grants so far to groups seek- for governor of Illinois. He won the
of my life chasing the S&P 500,” said $3.3 BILLION S SELF-MADE SCORE: * ing to address the root cause of so- Democratic primary in March and
SOURCE: REAL ESTATE
Cooperman. He’s given at least $200 AGE: 71 RESIDENCE: SAN FRANCISCO cial problems, including pension will face incumbent Bruce Rau ner
million away so far to such recipi- PHILANTHROPY SCORE: N.A. reform, criminal justice reform, in the November election. Pritz-
ents as alma maters Columbia Uni- reining in drug pricing, and K-12 ker spent $106 million of his own
BRENT HUMPHREYS
versity and Hunter College. Office developer and landlord to school governance.
Silicon Valley’s biggest tech firms, funds on his campaign.
172 | 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