Page 38 - Forbes Magazine-October 31, 2018

FORBES THE LIST

354. LARRY ROBBINS Japanese dolphin-hunting docu- and 5 siblings in the 60s, says he Sun Microsystems in 1982. He sup-
has donated more than $50 mil-
ports his wife Neeru’s CK-12 Foun-
mentary The Cove.
$2.3 BILLION WX SELF-MADE SCORE: & lion to philanthropic causes in his dation, which provides customiz-
SOURCE: HEDGE FUNDS lifetime, with recipients including able education tools. He continues
AGE: 49 RESIDENCE: ALPINE, NJ 368. STEVE CONINE charities for children and the He- to battle authorities over public ac-
PHILANTHROPY SCORE:
$2.2 BILLION Ì SELF-MADE SCORE: * brew University of Jerusalem. Alec cess to Martins Beach in Califor-
Double-digit returns in 2017 at SOURCE: ONLINE RETAIL and his younger brother Tom (No. nia, which he owns, even appealing
his Glenview Capital Manage- AGE: 46 RESIDENCE: BOSTON 190) have run their own private eq- to the U.S. Supreme Court.
ment are a hard act to follow, with PHILANTHROPY SCORE: uity firms for more than 2 decades.
his hedge fund up just 2.6% as of Alec’s company, the Gores Group,
September. A champion of edu- 368. NIRAJ SHAH had $1.4 billion under manage- 368. AERIN LAUDER
cation reform, Robbins has given ment as of December. $2.2 BILLION S SELF-MADE SCORE: $
more than $100 million to orga- $2.2 BILLION Ì SELF-MADE SCORE: * SOURCE: ESTÉE LAUDER
nizations like Teach for America, SOURCE: ONLINE RETAIL AGE: 48 RESIDENCE: NEW YORK CITY
AGE: 44 RESIDENCE: BOSTON
KIPP public charter schools and 368. VINOD KHOSLA PHILANTHROPY SCORE:
Relay Graduate School of Educa- PHILANTHROPY SCORE: $2.2 BILLION S SELF-MADE SCORE: * She is Estée Lauder’s style and im-
tion. He is also chairman of the The longtime partners founded and SOURCE: VENTURE CAPITAL age director and has her own lux-
Robin Hood Foundation, which run online home goods seller Way- AGE: 63 ury lifestyle brand, AERIN, which
RESIDENCE: PORTOLA VALLEY, CA
supports a number of education fair, which went public in 2014. Rev- sells everything from lamps to
initiatives in its efforts to alleviate enues jumped 40% to $4.7 billion in PHILANTHROPY SCORE: handbags. Her line of fragrances
poverty in New York City. 2017 and the stock took off, rising One of venture capital investor and beauty products is sold in
nearly 80% in the past year, enough Khosla’s bets on clean-tech scored 40 countries. Her fortune comes
to put both men on The Forbes 400 a payoff when Bloom Energy, a fuel
354. WILLIAM YOUNG for the first time. Conine and Shah cell company he’d backed while from her 4% stake in Estée Lauder,
$2.3 BILLION S SELF-MADE SCORE: * became friends while students at at Kleiner Perkins, went public in the company her grandmother
founded.
SOURCE: PLASTICS Cornell and together created sever- July. Khosla was a cofounder of
AGE: 77 RESIDENCE: YPSILANTI, MI al other businesses, including digital
PHILANTHROPY SCORE: consulting agency Simplify Mobile,
The CEO of plastic contain- before starting Wayfair in 2002.
ers manufacturer Plastipak since
1983, he cofounded the firm with 368. JAMES COULTER
his father in 1967; they sold Plas-
tipak to Beatrice Foods in 1973 $2.2 BILLION WX SELF-MADE SCORE: &
and bought it back 9 years later. SOURCE: PRIVATE EQUITY
AGE: 58 RESIDENCE: SAN FRANCISCO
The firm, which makes contain-
ers for companies such as Proct- PHILANTHROPY SCORE:
er & Gamble, PepsiCo and Kraft Coulter is cofounder and co-CEO
Foods, invested $15 million to ex- of private equity giant TPG. The
pand its Louisiana manufacturing firm, with $84 billion in assets un-
facilities last year. der management, remains a private
partnership, unlike peers KKR, Car-
lyle, Apollo and Blackstone, which
368. TODD CHRISTOPHER have all gone public. Coulter is also
$2.2 BILLION S SELF-MADE SCORE: ( a director at J. Crew and TPG’s im-
SOURCE: HAIR-CARE PRODUCT pact-investing-focused Rise Fund.
AGE: 56
RESIDENCE: CLEARWATER, FL
368. JAMES DINAN
PHILANTHROPY SCORE: N.A.
Christopher opened his own sa- $2.2 BILLION 3 SELF-MADE SCORE: *
lon at age 22 and later started SOURCE: HEDGE FUNDS
selling hair-care products such AGE: 59 RESIDENCE: NEW YORK CITY
as FX, Maui and OGX through PHILANTHROPY SCORE:
his Vogue International. He sold Dinan makes his return to the 400
a minority stake to the Carlyle after a one-year hiatus, adding
Group in 2014 for an undisclosed $300 million to his fortune since
price. Johnson & Johnson bought last year thanks to strong equi-
the whole company in 2016 for ty markets. His firm York Capital
$3.3 billion. oversees $19 billion in assets, about
$2 billion more than a year ago. Di-
368. JAMES CLARK nan also owns a minority stake in 354. PAT STRYKER
the Milwaukee Bucks NBA team.
$2.2 BILLION S SELF-MADE SCORE: ( $2.3 BILLION T SELF-MADE SCORE: !
SOURCE: NETSCAPE, INVESTMENT SOURCE: MEDICAL EQUIPMENT
AGE: 74 RESIDENCE: PALM BEACH, FL 368. ALEC GORES AGE: 62 RESIDENCE: FORT COLLINS, CO
PHILANTHROPY SCORE: PHILANTHROPY SCORE:
$2.2 BILLION WX SELF-MADE SCORE: (
The former Stanford professor SOURCE: PRIVATE EQUITY The healthcare heir has given $185 million to charity over her lifetime, pri-
cofounded Web browsing firm AGE: 65 marily through her Bohemian Foundation in Fort Collins, Colorado, which
RESIDENCE: BEVERLY HILLS, CA
Netscape and made early bets funds community, music, civic and global programs. She is also a big donor
on Apple, Facebook, Twitter and PHILANTHROPY SCORE: to Colorado State University and to Democratic political campaigns. She is
Palantir. An avid sailor, he provid- Gores, who immigrated to Amer- the granddaughter of the founder of medical equipment firm Stryker Corp.
ed financial support for the 2009 ica from Israel with his parents

204 | FORBES OCTOBER 31, 2018