Page 40 - Forbes Magazine-October 31, 2018
P. 40

THE LIST

           383. JOHN FARBER                                                           last year and $2.5 billion more
                                                                                      than the $185 million he reported-
           $2.1 BILLION 3 SELF-MADE SCORE: *                                          ly spent on the team in 1994. Lurie
           SOURCE: CHEMICALS                                                          still owns at least 80% of the team,
           AGE: 93 RESIDENCE: NEW YORK CITY
                                                                                      which accounts for the bulk of his
           PHILANTHROPY SCORE: N.A.                                                   fortune.
           The $7.1 billion sale of Fruta-
           rom, an Israeli-based flavors com-
           pany, to International Flavors &                                           383. PHILIP T. RAGON
           Fragrances announced in May                                                $2.1 BILLION 3 SELF-MADE SCORE: *
           bumped Farber back onto The                                                SOURCE: SOFTWARE
           Forbes 400. Farber held a control-                                         AGE: 69 RESIDENCE: BOSTON
           ling stake in Frutarom and is also                                         PHILANTHROPY SCORE:
           the longtime chairman of ICC In-                                           Physics major Ragon, known as
           dustries, which trades basic and                                           Terry, founded, owns and runs
           specialty chemicals, plastics and                                          Cambridge, Massachusetts, soft-
           pharmaceuticals globally. He start-                                        ware firm InterSystems, which had
           ed ICC in 1950 as a chemical trad-                                         $644 million in 2017 revenues and
           ing division of Leslie Kleyman                                             targets clients in healthcare, busi-
           Corp., his father-in-law’s textiles                                        ness and government, with soft-
           export-import firm. Farber’s fam-                                          ware to help them analyze big data.
           ily left Romania after his father’s                                        In 2008 he helped start the Ragon
           business United Factory for Var-                                           Institute in partnership with Mas-
           nishes & Paints was nationalized                                           sachusetts General Hospital, Har-
           following World War II. In the                                             vard and MIT. An HIV vaccine
           1990s Farber reacquired the com-                                           backed by the Ragon Institute is
           pany, now known as Azur.                                                   undergoing human clinical trials.

           383. FRANK                                                                 383. ANTONY RESSLER
           FERTITTA III                                                               $2.1 BILLION Ì SELF-MADE SCORE: 8
                                                                                      SOURCE: PRIVATE EQUITY
           $2.1 BILLION S SELF-MADE SCORE: %                                          AGE: 56 RESIDENCE: LOS ANGELES
           SOURCE: CASINOS,
           MIXED MARTIAL ARTS                                                         PHILANTHROPY SCORE:
           AGE: 56 RESIDENCE: LAS VEGAS                                               Ressler worked with his broth-
           PHILANTHROPY SCORE:                                                        er-in-law Leon Black (No. 76) at
                                                                                      Drexel Burnham Lambert and lat-
           383. LORENZO                                                               er at Apollo Global Management.
                                                                                      He left in 1997 to start Ares Man-
           FERTITTA                                                                   agement; he is still executive chair-
                                    368. TED TURNER                                   man of the now $121 billion (AUM)
           $2.1 BILLION S SELF-MADE SCORE: %
           SOURCE: CASINOS,         $2.2 BILLION WX SELF-MADE SCORE: &                firm. Ressler sits on the boards of
           MIXED MARTIAL ARTS       SOURCE: CABLE TELEVISION                          the Los Angeles County Museum of
           AGE: 49 RESIDENCE: LAS VEGAS  AGE: 79 RESIDENCE: ATLANTA                   Art and Cedars-Sinai Medical Cen-
           PHILANTHROPY SCORE:      PHILANTHROPY SCORE:                               ter. He owns a majority stake in the
           The brothers made the bulk of their   Turner, who made his mark as founder of CNN, is now North Ameri-  NBA’s Atlanta Hawks. His wife, ac-
           fortune through mixed martial arts   ca’s second-largest landowner, with about 2 million acres that are home   tress Jami Gertz, appeared in the
           promoter UFC, which they sold for   to 51,000 bison. His Turner Foundation has awarded over $400 million in   movie Twister and the TV show The
           $4 billion in 2016. They also con-  grants since 1990, supporting land and water conservation, wildlife diversi-  Neighbors, among others.
           trol publicly traded gaming busi-  ty and clean energy.
           ness Red Rock Resorts, which
           owns the Palms Casino Resort in                                            383. RONALD WANEK
           Las Vegas. The brothers have each   383. CHRIS LARSEN   en, who has a Stanford M.B.A., co-  $2.1 BILLION WX SELF-MADE SCORE: &
           pledged $7.5 million to NYU’s                     founded online mortgage lend-  SOURCE: FURNITURE
           business school for scholarships for   $2.1 BILLION Ì SELF-MADE SCORE: 8  er Eloan in 1997 and peer-to-peer   AGE: 77
                                                                                      RESIDENCE: ST. PETERSBURG, FL
           veterans.                SOURCE: CRYPTOCURRENCY   lender Prosper in 2005. Now more
                                    AGE: 58 RESIDENCE: SAN FRANCISCO
                                                             focused on philanthropy, he’s given   PHILANTHROPY SCORE:
                                    PHILANTHROPY SCORE:      away close to $100 million, includ-  As a boy in Minnesota, Wanek
           383. GORDON GETTY        Larsen is worth a lot less than he   ing $47 million so far in 2018.    loved watching his grandfather
           $2.1 BILLION WX SELF-MADE SCORE: @  was at the start of the year, when     and great-uncle build boats and
           SOURCE: GETTY OIL        his fortune briefly reached $20 bil-              furniture in their spare time. Now
           AGE: 84                  lion, but he is still the richest per-  383. JEFFREY LURIE  he is chairman at Ashley Furniture,
           RESIDENCE: SAN FRANCISCO
                                    son Forbes found in cryptocurren-  $2.1 BILLION S SELF-MADE SCORE: $  which sells 30 million pieces of
           PHILANTHROPY SCORE:      cies. The bulk of his fortune resides   SOURCE: PHILADELPHIA EAGLES  furniture a year; his son Todd is
           Getty, the son of oil tycoon J. Paul   in his stake in Ripple, the company   AGE: 67    CEO. He has given away more than
                                                             RESIDENCE: WYNNEWOOD, PA
           Getty, has given more than $100   he cofounded in 2012 to facilitate       $75 million, with a chunk of that
           million to his philanthropic foun-  bank payments using blockchain   PHILANTHROPY SCORE:   going to medical research at the
           dation since 2007, supporting per-  technology, and from his holdings   After winning their first Super   Mayo Clinic to help improve treat-
           forming arts, music and muse-  of XRP, Ripple’s cryptocurrency.   Bowl earlier this year, Lurie’s Phil-  ment for a serious heart defect that
           um projects, particularly in the   He stepped down as Ripple CEO in   adelphia Eagles are worth $2.75   affected his granddaughter at birth.
           Bay Area.                2016 but remains chairman. Lars-  billion—$100 million more than   She is now in college.
       DAVID GOLDMAN/AP
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