Today more than one million people use it as primary or secondary source of income. Entrepreneur. Leonore: Stanford grad, U.S. Chief of Protocol under Reagan. for $66 million; later sold for $640 million profit. "Bob" with brother Laurence, bought New Jersey hotel in 1946, leased hotels in once posh Atlantic City. Annually disputes FORBES' net worth estimate: "I'm worth $7 billion.". Earned $550 million in salary and bonus in 1986. Valuation revised this year to include stunning art collection (Johannes Lingelbach, Rubens). Devout Baptist keeps stores closed on Sundays, enforces strict Christian corporate code. Sunbeam Founded Wrigley Company 1891; introduced first spearmint chewables 2 years later. With James Coulter (see) cofounded private equity behemoth Texas Pacific Group. Opened Charlotte Motor Speedway 1960. Became president of company's mutual fund division 2001. Brought in "professional management" (Tim Koogle in 1995, then Warner Bros. chief Terry Semel in 2001). Child of Samuel Curtis Johnson (d. 2004), great-grandson of salesman who founded floor wax company 1886. Graduated from Salisbury State. Academy of Hair Designs Linda Daugherty, Chair of the Springfield Area Chamber of Commerces Small Business Council, shares tips to 417-lander Seth Harrell has a masters degree in a unique field: foresight. Took control of oil firm Sibneft 1995; sold stake to Russian state-owned gas monopoly Gazprom for $13.1 billion a decade later. Today Macklowe Properties run with son William. Penny-pinching Frederik took helm following father's death in 1963. Sold to Yahoo in 1999 for $5.7 billion. Duo are equal partners in TPG. exec Ronald Garriques to lead company's global expansion, cut 10% of company's workforce, struck deals to sell desktop computers in Heico Merged with Richard Rainwater's (see) Columbia Hospital Corp., stepped down 1994. This year bought 9 TV stations from Son Howard oversees real estate and banking operations. Johns Hopkins. Settled for $1 billion. Electronic Data Systems Son of Montreal tobacco and candy wholesaler studied at Harvard, then Wharton M.B.A. Cofounded Devout Mormon used proceeds to buy land in Idaho, Utah; donated rest to cancer research. John Tu: family fled China for Taiwan 1949, later moved to Germany where he studied electrical engineering. following federal bribery conviction in 2000. Airman flies gliders at his 750,000-acre Nevada ranch. French-born computer programmer launched online auction Ebay in 1995. Donates to education, arts, science causes. Plan to pass control of empire to Jay's son Tom (see), cousin Nick (see) and niece Penny (see) collapsed in 2001; family agreed to split empire 11 ways, drawing lawsuit by Robert's 2 youngest children, Matthew and Liesel. Marquett Burton is bringing his app concept, Fletch, to life with the help of the efactory's accelerator program, Cohort 4. Today Cox Enterprises owns 17 newspapers, 15 TV stations, 80 radio stations, Manheim Auctions (used cars), stake in AutoTrader.com (online classifieds). Dynastic carve-up supposed to be completed in 4 years, will likely include sales or public offerings of both Hyatt and Marmon. Today own, operate Bright House Cable (2.2 million subscribers); also pieces of the Discovery Channel, Learning Channel. Former U.S. ambassador to Spain raising money for John McCain's presidential run; enjoys sailing, skiing, hunting. Would-be rival to Other investments: NIBC (Netherlands bank), Took over 1971. Sold to Yahoo in 1999 for $5.7 billion; company isn't visible today. Sold real estate investment trust Equity Office Properties to Stephen Schwarzman's (see) Blackstone Group for $39 billion cash in February. Became one of the leading marketers of replacement joints. Brin emigrated from Russia, Page grew up in Michigan; both sons of professors. In 2017 The Johns Hopkins University graduation, Burton was recognized as a Distinguished Alumnus of The Johns Hopkins University[3]. Renamed Shinsei Bank, cut jobs, fixed balance sheet. This year agreed to pay $25 billion for student loans firm All in on Asia: opened $265 million Sands Macau Casino May 2004, recouped entire investment in one year. Studied philosophy, history at Dartmouth. SAP Created chipmaker Remains chairman. "I've been a news junkie since I was 13 years old." Constructing a $260 million float glass plant in Ryazan, Russia. Stanley made fortune developing commercial and retail properties. buy back stock, split company into 4 individual parts 2005; media firm repurchased $20 billion in shares but never split. Opening $500 million, 1.3-million-square-foot Patriot Place on land adjacent to Gillette Stadium; shops, hotel, office space. Courtesy of Renaissance Technologies Corp. Rob Kinmonth//Time Life Pictures/Getty Images, AP Photo/Idaho Press Tribune, Dick Selby, Matthew Naythons//Time Life Pictures/Getty Images, Courtesy of General Growth Properties, Inc, Courtesty of Sobrato Develepment Companies, AP Photo/The Philadelphia Orchestra Association, Alan Kolc, John M. Heller/Getty Images for the NHL, Jennifer Pottheiser/NBAE via Getty Images, AP Photo/Dayton Daily News, Bill Reinke, Courtesy of American Assets Real Estate Group, AP Photo/Kalamaazoo Gazette, Mark Bugnaski, AP Photo/The Oklahoman, Paul Hellstern, File, Ted Thai//Time Life Pictures/Getty Images, AP Photo/Independent Record, George Lane, Thomas S. England//Time Life Pictures/Getty Images, Paul Hawthorne/Getty Images for The Miami Project, AP Photo/The Times Of Northwest Indiana, John J. Watkins, Ray Ng//Time Life Pictures/Getty Images, Alan Levenson//Time Life Pictures/Getty Images, 3 Tips To Improve Your Health & Well-Being From A Female Wellness Entrepreneur, Seven Indicators You Have A Culture That Values Security, How To Use Compounding Within Your Business, The Great Rationalization Has Redefined Selling: 3 Strategies To Grow Market Share, Londons Energy Week Is A Lesson In Cognitive Dissonance, FC Barcelona Coach Xavi Talks Real Madrid Up As Favourites Ahead Of Copa Del Rey El Clasico, 5 Strategies To Keep Your Fashion E-Commerce Business Competitive In 2023 And Beyond, Five Key Enterprise Business Technology Predictions (And What They Mean For Enterprise And Service Providers). Also real estate: 520,000 acres, including entire mountain across from posh Park City, Utah ski resort; wind farm in central Utah. Honeywell With Anheuser-Busch Owns art collection worth $1 billion. Footing most of the bill for new $800 million Yankee Stadium in the Bronx. Working to bring Summer Olympics to Chicago in 2016. Marquett Burton Tech Executive Published Dec 8, 2017 + Follow Can you name a famous Black tech entrepreneur? Meaning: be less confrontational than Dad. Charity started early: rode bicycle through San Fernando Valley streets collecting dimes and quarters for American Cancer Society as a kid. Today Airplane junkie recently purchased a Falcon 7X jet. First billion-dollar deal: Wometco 1984. Client accounts swelled during dot-com craze, then deflated when Internet bubble burst. Siebel's salve: his stake brings $500 million in cash. Bought company 1970s; founded wood and paper trader International Forest Products later in 1972. Tinkered with idea of selling stake in company to outside investors this spring; put on hold after markets turned downward this summer. Want to Read. Worked construction jobs in Alaska before borrowing a bulldozer on credit and founding his own company in Montana. Frontline Recently donated millions of dollars to fund a new building for the Frost Art Museum at Florida International University; also gave $30 million to the Frost School of Music at University of Miami. Trio made first fortune merging Tyumen Oil Company and Snagged early investment from Richard Rainwater. Estimated sales: $5 billion. Options due in October. Chief executive till 1992. Sales up 30% last year to $2.7 billion. Took public 1996. Sales now $13 billion. San Francisco socialite composes operas; latest, PlumpJack, was inspired by Falstaff, the spirited knight in Shakespeare's Henry IV plays. Once owned 25% stake in company; has sold large chunks of shares over time. Bearded baron of Chicago real estate now writing headlines. Sales: $3 billion. Switched Mountain View, Calif. headquarters to solar power this summer; part of plan to "do no evil.". Revlon I'm a lucky man." Son Mark runs company's finances. Created mutual funds for almost every investment strategy to increase market share. Marquett Davon Burton (born April 26, 1992) is an American entrepreneur, author and Youtuber [1][18]. Shoe baron ran track for U. of Oregon, teamed up with coach to start sneaker company 1964. Marquett Davon Burton was born to Jeffrey Leadbetter and Kim Burton in San Diego, California. Motorola You can't avoid risk. As they chatted, the president shared a concern that spurred Burton to instead solve a different problem. Most of net worth now outside Dell. CSI: Utahhis Sorenson Forensics unit has lead to arrests in 5 cold-case murder mysteries since opening last year. Following his bachelors, Marquett joined Teach For Americas Baltimore corp. Funded some of world's most innovative biomed firms: Pacesetter Systems (rechargeable pacemakers), MiniMed (insulin pumps), Advanced Bionics (cochlear implants). Hewlett-Packard Lost hundreds of millions with ill-timed investments in former Soviet Union 1996. Viacom Purchased 8-year-old computer-repair firm Geek Squad 2002 for $3 million; today all U.S. Best Buy stores have Geek Squad service available. Ampex "Why restrict the best and the brightest people from coming into your country?" Grandchild of publishing legend William Randolph Hearst. Assets under management: $43 billion. Took each public. Minnesota farm boy paid way through college working at a print shop; persuaded owner to sell for $2 million over 10 years. 1962. Marquett Davon Burton is at Las Vegas Strip, Las Vegas, Nevada. Sales: $5 billion. Burton opened offices in Chicago, Petoskey, South Korea, Puerto Rico[8], Cincinnati, Springfield, St. Louis, and Erie.[9]. New York Times Co. Turned Spent millions of dollars building performance hall on site of original Woodstock concert. Joined family business 1988, tracked industrial equipment stocks. 1985 for CDMA scheme in cell networks. Took refining innovation to Soviet Union 1929; returned home 1930s, became fervently anticommunist. Paid fine for exceeding campaign contribution limits in 2001; continues to fight IRS claim he used an illegal tax shelter. Workaholic sign seller dropped out of U. of Nebraska to join Merchant Marine Academy. Yahoo upside is over 200 million registered users; most Google visitors are strangers. Struggled through tech downturn, then grudge match vs. Ellison ended badly: Siebel quits, his creation gets sold to Oracle in 2006 for $5.9 billion. 1:10:4714. Built publicly traded holding company Valhi with hostile takeovers. Wynn Resorts Studied biophysics. Harvard Law 1947; joined father's theater business, now National Amusements, 1954. Started industrial holding company Access Industries 1986. Gives staff stock options anyway. Bid against billionaires Eli Broad, Ronald Burkle (see both) for Tribune-owned Los Angeles Times; all lost out to Sam Zell (see) in April. . Founder and Executive: 2014: Sep 2020: Related Hubs. Investor in education outfit Knowledge Universe; company sold stake earlier this year to diversify ownership. Bought channel for $550 million in 1992 with Latin American partners; sold in March to a Haim Saban (see) group for $13.7 billion. Rate this book. Studied French literature at U. of Pennsylvania. Also owns 453-foot Rising Sun; building a smaller leisure boat because megayacht is hard to park. Mom, Helen, passed away April; matriarch's fortune to pass to charity over next few years. Today Charles lords over nation's largest privately held company: chemicals, pipelines, ranching, commodities trading, lumber, paper; also refining operations in Alaska, Texas and Minnesota. Holiday hit with Dreamgirls; says he is done with movies. 1994; today one of nation's largest private university systems. Herb came aboard 1962. William's father, George, was a prospector, land baron, U.S. senator who "won" failing San Francisco Examiner newspaper as payment for gambling debt in 1880. Founded Moore Capital in 1989; returned 86% in first year on savvy bet that Gulf war would drive up oil prices. Today owns 11 companies through 2 private equity funds, telecom outfits including SER Solutions, First Communications. Former Frito-Lay analyst switched to selling satellite dishes 1980, later expanded into broadcasting. Part owner of Pebble Beach golf course. Donated $40 million to create the Leadership Academy for Girls in South Africa. Who owns what? Founded Stanley Marquett Davon Burton In July agreed to buy Chicago steel outfit Ryerson for $2 billion. , agreed to buy power firm Grandchild of a.n. Today nation's second-largest REIT owns 200 million square feet across 194 malls and planned communities in 44 states; shares up 17% in past 12 months. Paid the Trump Organization and , Jaguar. Sales: $2.1 billion in 2006. William's father, George, was a prospector, land baron, U.S. senator who "won" failing San Francisco Examiner newspaper as payment for gambling debt in 1880. Entrepreneurial duo opened drive-in diner after stints in the Army. Started plane brokerage business while studying economics at UCLA; disguised his youth by communicating via telegram. Joined packing firm Rand-Whitney after marrying Myra Hiatt, daughter of founder. ; more than half of net worth now outside of Microsoft. Partnered with Today Meijer operates 181 stores across 5 states. Funds computer science grad students; also supports Salvation Army and an intentionally scary ad campaign on the horrors of methamphetamine addictionin Montana (where half of the 2,100 kids in foster care were there because of parents' meth habit). With James Coulter ( see ) cofounded private equity funds, telecom outfits including SER Solutions, first.. Limits in 2001 ; continues to fight IRS claim he used an illegal tax shelter money john... 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