Page 33 - Forbes Magazine-October 31, 2018

FORBES

file storage, and has 11 million pay- crosoft and the Obama Founda-
ing users in a range of industries, tion in November 2017, less than
from financial services to educa- a year after she completed her
tion. Houston, who is CEO, owns service as U.S. Secretary of Com-
23% of the company, which pulled merce in the Obama administra-
in $1.1 billion in revenue last tion. An heir to the Hyatt Hotels
year. In February, he and Ferdow- fortune and one of 11 Pritzker bil-
si launched the Dropbox Foun- lionaires, she manages her for-
dation, donating $5 million each. tune through her firm PSP Part-
The foundation has partnered with ners. Her Pritzker Traubert Foun-
4 nonprofits in the U.S. and U.K. dation supports low-income fami-
to promote human rights; some lies in Chicago.
Dropbox employees will also vol-
unteer to help the nonprofits in ar-
eas such as data security. 302. PHIL RUFFIN
$2.7 BILLION S SELF-MADE SCORE: *
SOURCE: CASINOS, REAL ESTATE
302. JAMES IRSAY AGE: 83 RESIDENCE: LAS VEGAS
$2.7 BILLION WX SELF-MADE SCORE: @ PHILANTHROPY SCORE:
SOURCE: INDIANAPOLIS COLTS His most valuable holding is Trea-
AGE: 59 RESIDENCE: CARMEL, IN
sure Island Hotel & Casino on
PHILANTHROPY SCORE: N.A. the Las Vegas Strip, which he
The Indianapolis Colts owner pur- picked up for $775 million dur-
chased the Alcoholics Anonymous ing the financial crisis and is now
founding document, called the Big worth twice as much. He also co-
Book, at auction for $2.4 million owns Trump International Ho-
in May. The collector of memora- tel Las Vegas with President Don-
bilia also owns an original manu- ald Trump, who was the best man
script of the Jack Kerouac novel On at his 2008 wedding. The college
302. SEAN PARKER the Road plus guitars from sever- dropout started his career with
al rock legends, including Prince, a single convenience store in
$2.7 BILLION S SELF-MADE SCORE: *
SOURCE: FACEBOOK Bob Dylan and Jerry Garcia. Irsay 1959, then moved on to buying
AGE: 38 RESIDENCE: LOS ANGELES inherited the Colts, which make hotels, office parks and shopping
PHILANTHROPY SCORE: up the bulk of his fortune, from his centers.
Parker is one of a group of billionaires who lobbied the government to set late father, Robert, in 1997.
up the Investing in Opportunity Act, passed as part of last year’s tax-cut 302. THOMAS
legislation. It allows Americans to invest in impoverished areas and watch 302. BRADLEY JACOBS
their gains grow tax-free. The Napster founder and Facebook’s first pres- SECUNDA
ident, Parker has committed more than $600 million toward philanthro- $2.7 BILLION Ì SELF-MADE SCORE: * $2.7 BILLION S SELF-MADE SCORE: *
SOURCE: LOGISTICS
py, $250 million of it for a cancer immunotherapy institute that requires AGE: 62 RESIDENCE: GREENWICH, CT SOURCE: BLOOMBERG LP
researchers from different universities to share their findings. Parker, who AGE: 64 RESIDENCE: CROTON-ON-
HUDSON, NY
suffers from severe peanut and shellfish allergies, pledged $24 million to PHILANTHROPY SCORE: N.A.
Stanford in 2014 for an allergy research institute that bears his name. Most of Jacobs’ fortune is tied up PHILANTHROPY SCORE:
in XPO Logistics, a fast-grow- The cofounder of financial infor-
ing publicly traded transportation mation and media firm Bloom-
Berkshire Hathaway said it would company that ships heavy goods berg LP, Secunda helped create
302. NOAM GOTTESMAN acquire 39% of Pilot Flying J, a truck like washing machines to homes. its signature data terminals. He
$2.7 BILLION S SELF-MADE SCORE: & stop chain founded by Haslam’s fa- He created the outfit in 2011 by chairs the Jamaica Bay-Rockaway
SOURCE: HEDGE FUNDS ther, Jim, in 1958, for a reported buying freight forwarder Express-1 Parks Conservancy in New York
AGE: 57 RESIDENCE: NEW YORK CITY $2.7 billion. In 2023, Berkshire will for $135 million and expanding and is a trustee emeritus of the
PHILANTHROPY SCORE: acquire an additional 41% stake. it with over $7 billion in acquisi- National Parks Conservation As-
Gottesman sold his hedge fund GLG Four years ago the company admit- tions. He applied the same play- sociation.
Partners for $1.6 billion in 2010. ted to defrauding its customers and book in trash hauling in the 1990s,
He took his Nomad Foods public settled with the Department of Jus- creating United Waste, which he
on the New York Stock Exchange tice for $92 million; in February a took public and sold to USA Waste 302. E. JOE SHOEN
5 years later. It’s now Europe’s big- federal jury convicted Pilot’s former (now part of Waste Management) $2.7 BILLION T SELF-MADE SCORE: %
gest frozen-food company. Gottes- president of fraud. Haslam has been in 1997 for $2.2 billion. Then he SOURCE: U-HAUL
man also owns about 200 Burger the CEO of Pilot since 1996. consolidated the heavy equipment AGE: 69 RESIDENCE: PHOENIX
King franchises and is an investor in rental market, building United PHILANTHROPY SCORE: N.A.
such high-end restaurants as Elev- 302. DREW HOUSTON Rentals. A pianist and avid art col- U-Haul—the self-storage and
en Madison Park and The NoMad, lector, Jacobs has a Palm Beach es- moving company cofounded by
which is opening a Las Vegas loca- $2.7 BILLION Ì SELF-MADE SCORE: * tate neighboring President Trump’s Shoen’s dad in 1945—offered 30
SOURCE: DROPBOX
tion this fall. Mar-a-Lago. days of free self-storage in the Car-
AGE: 35 RESIDENCE: SAN FRANCISCO
olinas and Virginia in September
PHILANTHROPY SCORE:
302. JIMMY HASLAM Houston debuts on The Forbes 400 302. PENNY PRITZKER to help with relief efforts for Hur-
ricane Florence. In 1986 Shoen
$2.7 BILLION T SELF-MADE SCORE: # following the IPO of cloud storage $2.7 BILLION S SELF-MADE SCORE: # wrested control of the compa-
SOURCE: GAS STATIONS, RETAIL firm Dropbox in March. He found- SOURCE: HOTELS, INVESTMENTS ny from his dad and other fami-
AGE: 64 RESIDENCE: KNOXVILLE, TN ed the company in 2007 with MIT AGE: 59 RESIDENCE: CHICAGO ly members. He has been chair-
PHILANTHROPY SCORE: classmate Arash Ferdowsi. Drop- PHILANTHROPY SCORE: man ever since. His brother Mark
EVAN KAFKA
In October 2017, Warren Buffett’s box enables online file sharing and Pritzker joined the boards of Mi- Shoen is No. 251.
196 | FORBES OCTOBER 31, 2018