Expected philanthropic gifts to reach $400 million this year. David: former chairman of Chase Manhattan Bank. Huntsman Corp. Last year franchisees launched class suit against DeLuca alleging he uses marketing budget to drive up total sales at expense of franchisee profits. Now polishing 3-D digital cinema technology. IRS claimed magnate owed $77 million in back taxes and penalties last year; settled for undisclosed amount. Today holds a wide range of investments: restaurants (Ponderosa, Bennigan's, Steak & Ale chains), peanuts. MannKind Fights childhood poverty through George Kaiser Family Foundation; pledged $60 million to redevelop a blighted community alongside a 42-mile stretch of Arkansas River. Instaquadrupling outpaces early years of Bill Gates, Larry Ellison (see both). Bulk of revenues generated with goods sold through wholesalers, retailers like Home Depot and Lowe's. Friend Newt Gingrich advising health care contributions. Once owned 25% stake in company; has sold large chunks of shares over time. stock to charity in July. Sam took helm 1966; business expanded to cleaning supplies (Pledge, Windex), bug spray (Off, Raid). 1985; stake once worth billions is valued at less than $350 million today. Sales: $2.6 billion. Sold to AIG in 1998 for $18 billion; stake worth $3.1 billion today. Worked as barber until Depression reduced clientele. American Airlines Later built cell phone outfit Metro Mobile, sold to Bell Atlantic for $2.5 billion 1991. Made first fortune in trade shows. Wharton grad made plastic egg cartons during 1960s before buying a styrene plant 1970. Public 1992. Father was a doctor in China; family fled during WWII, moved to South Africa. Increasing presence at airports; through holding company, bought Vanguard Auto Group, operator of National and Alamo car rental companies, for an estimated $1.2 billion earlier this summer. Family controls 40%. Nicholas unexpectedly quit as CEO in 2003. Fortune down 53% since 2000 (back then: $36 billion). 1962. With wife, donated $16 million for a new stem-cell lab at UCSF. Dropped out of Harvard Ph.D. program to drive New York City taxi. Medical innovator developed cardiovascular catheter using blowtorch, soldering iron and plastic tubing after stint as an Army surgeon. 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). Poultry executives approached Cathy with discounts on leftover chicken breasts too big for Delta meal trays. Duke grad cofounded Profited on Investing in technology that removes carbon dioxide from coal-burning plants, cancer research. Sales: $9.8 billion. Cofounded Kaufman & Broad with $25,000 borrowed from his in-laws; became one of nation's largest affordable home builders, focusing on homes for parents of baby boomers. Expanded into Yellowstone Club World; today memberships start at $1.5 million. ; believed to have sold entire stake last November. Bought Montana land for $140 an acre, swapped for ski slopes near Big Sky. "I've been a news junkie since I was 13 years old." Took quirky ad-cum-search engine public 2004; shares up 510% since. Introduced Slim-Fast nutritional supplements 1976. Beetle enthusiast has one of largest collections in world: 160,000 specimens. Son of oil driller bought out dad 1961, struck big in Utah and Wyoming. Marquett is the CEO of FletchApp.com, the world's first effortless attendance technology. Shares down 50% since early 2006, forcing partner Nicholas from The Forbes 400. Opened Ben Franklin 5-and-10 store in Newport, Ark. Bought Enron pipeline business with college chum William Morgan. Hunter stalks game on 453-acre Robins Island in Long Island's Peconic Bay. Sold suites for $250 a night, added high-end retailers, celebrity-chef restaurants. Pledged $100 million living endowment to Rockefeller University in 2005. Former Republican state senator owns pro basketball's Minnesota Timberwolves. Marquett Burton Tech Executive Published Dec 8, 2017 + Follow Can you name a famous Black tech entrepreneur? Required fields are marked *. Recruited in 2001 by Larry Page and Sergey Brin (see both) to become chief executive. Nickname: "The Abominable No-Man." Owns 50,000 bison; restaurant chain, Ted's Montana Grill, serves bison burgers at 51 locations. Sales: $5 billion. Also owns apartment communities from Denver to Danbury, Conn. Father, Sam (d. 1971), founded Distillers Corp. 1924, after emigrating from Russia to Montreal. Sam took helm 1966; business expanded to cleaning supplies (Pledge, Windex), bug spray (Off, Raid). Union Pacific Husband John once chairman of Sotheby's North America. Luxottica , Cerent, Corvis. Invested in Broadway plays, then baseball. 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. "Otherwise you get into these small companies that eat up all your time and don't go anywhere.". Stumbled upon Chapter 11 proceedings of United Refining Company while trying to salvage Capitol. Son of radio station entrepreneur spent early years spinning records. Built homes in Arizona; real estate market crashed, moved to California. Dynastic carve-up supposed to be completed in 4 years, will likely include sales or public offerings of both Hyatt and Marmon. Southern Methodist U. alum donated $20 million in 1997 to build new football venue; SMU Mustangs now play at Ford Stadium. Also Latin America: developing $3 billion worth of properties across 15 projects in Argentina, Colombia, Mexico. Studied philosophy at Princeton. Amerigon Made fortune investing in troubled steel and coal companies. . Bought troubled New England Patriots football franchise in 1994 for then record $172 million. Nearly went bankrupt early 1990s, recovered; today company has developed more than $16 billion worth of property across the U.S., including Manhattan's massive Time Warner Center. Other assets: oil, Southern California real estate. (CBS, CW, CBS Radio). Grandfather, John D., fueled American industrial revolution via Standard Oil. The domain marquettburton.com uses a Commercial suffix and its server (s) are located in Australia with the IP number 162.144.123.245. marquettburton.com is not listed . Parted ways with head coach Bill Parcells last year. Beanie Babies hit shelves 1993; created collecting craze. Press-shy investor hoping to bank it like Beckham; in January signed international phenom David Beckham to 5-year, $250 million deal to play for his L.A. Galaxy pro soccer squad. Later spent days managing TG&Y discount store, nights making wooden frames in garage with wife. With sister, Barbara Gage (see) inherited hospitality, marketing, food, travel empire from father, Curtis Carlson. Smooth sailing for the admiral of world's largest cruise ship operator; shares of . Sent stick of gum to every person in U.S. phone book 1915. Accountant's son born in Kenya, moved to India at age 11. Unrest: university presidents demanding changes to U.S. News' famed college rankings. First buyout 1977: Atlas Architectural Metals for $4 million, sold 6 years later for $16 million. Black-clad digi-god suddenly a Dark Angel falling to earth. Collects contemporary Chinese and Vietnamese art acquired during visits to offshore factories. Serves on board of Warner Music. With Ripplewood Investments chief Timothy Collins, bought Long Term Credit Bank of Japan in 2000. Paid $300 million in back taxes on gains from Fox Family sale after IRS probed tax shelter he, others used; told Congress that accountants gave him bad advice. Detroit native dropped out of Stanford M.B.A. program to join former Harvard classmate Gates (see) in 1980. Coined Moore's Law: components on chip (and hence computing power) would double approximately every two years; only recently has this begun to slow. Bristol-Myers Squibb Son of bingo parlor operator catching up to archnemesis Sheldon Adelson (see) in Chinese gambling mecca Macau. Keeping students engaged in their education began with getting them in the classroom, but with large class rosters and limited time, the daily roll call itself became absent. Marquett is the CEO of FletchApp.com, the world's first effortless attendance technology. Leslie survived labor camp during Holocaust; wife, Susan, escaped Auschwitz. Sons Frederick, Charles (see), David and William (see) inherited Koch Industries after father's death; duo bought out William and Frederick for $1.1 billion in 1983. AutoNation Today Meijer operates 181 stores across 5 states. Made fortune in soda: bought Dr Pepper, Seven-Up for $45 million, flipped 2 years later for $700 million. Met partner James Goodnight (see) as a graduate student at North Carolina State. "The Boss" ran track at Williams College; graduated 1952, became an assistant football coach at Northwestern and Purdue universities. As of 2021, Afrojack's net worth is estimated to be $60 million. Owns pro basketball's Miami Heat. Launched business magazine Cond Nast Portfolio in April. Stores in 11 midwestern states. USC grad worked as a Motown Records exec before turning to real estate 1973. David Sun: moved to U.S. from Taiwan 1977, worked as chief engineer at Alpha Micro. Building third plant in Taiwan. visionary preparing to give up day-to-day involvement in company he cofounded 32 years ago to spend more time focused on his philanthropic endeavors. Child of Samuel Curtis Johnson (d. 2004), great-grandson of salesman who founded floor wax company 1886. "We believe that this could be one of the great science centers in the world.". Current Address:QQLD Rexmere Rd, Baltimore, MD. Gucci Health fanatic funding $1.5 billion research campus in Kannapolis, N.C. dedicated to nutrition. and Equity Lifestyle REITs. Bought rival Shurgard for $5.5 billion in 2005. Became president of company's mutual fund division 2001. Acquired radio stations; sold to Clear Channel for $17.1 billion in cash, stock and assumed debt. DuPont Marquett holds a bachelor's from the University of California at Berkeley as well as a master's degree from the Johns Hopkins University. Sales: $10.5 billion, net margins 30%. Mom, Helen, passed away April; matriarch's fortune to pass to charity over next few years. Built Kendall-Jackson into populist wine concern. Bought stake in 19-store video rental chain Founded Pat Ryan & Associates insurance firm 1964; sold policies directly through car dealerships. ProSiebenSat.1 Left Washington U. to serve in Navy; became fighter pilot on U.S.S. Started Aerotek with $3,500 and furniture purchased from Goodwill; company provided engineers to aerospace industry. Idaho-raised potato king dropped out of 8th grade, left home after feuding with father. J.C. Penney Today operates 38,000 miles of pipeline, more than 150 terminals. Commerce Secretary under Nixon, became chairman of Lehman Brothers 1973. Ed preferred the limelight. Cruises up 20% since last summer. Sold just under 10% stake to Chinese government weeks before the offering. So what: shares up 260% since public offering. Brother heads magazines via Cond Nast (New Yorker, Vanity Fair, Vogue). Schwarzman attended Yale with President George W. Bush. Democratic donor supporting Hillary Clinton's presidential bid. Shares up 38% in past year. Co-owns controlling stake of Israel's Bezeq Israeli Telecom. Spent 8 years at company he started in 1975 with Bill Gates (see)and 24 years after quitting, it still provides a quarter of his net worth. In 1998 duo realized GPS could sell to directions-starved drivers on U.S. highways, too. Nanogenarian still drives himself to work each morning. 1994; today one of nation's largest private university systems. Brin serves as president of technology, Page heads product division. Bought small stake in Arkansas aviation firm. Worked at Walter's father, Moses, started Triangle Publications; Walter inherited it at age 32, added magazines (Seventeen, TV Guide). Then Harvard Law. 1998; took Funded some of world's most innovative biomed firms: Pacesetter Systems (rechargeable pacemakers), MiniMed (insulin pumps), Advanced Bionics (cochlear implants). Website crafted by Mostly Serious. Fisk: S.C. Johnson chairman has Ph.D. in physics, M.B.A.; working in Kenya, India to establish sustainable, community-based businesses. Family trust believed to now exceed $10 billion in assets. Cofounded SAS Institute 1976, now believed to be largest privately held software maker in the world; massive databases, customer analysis, business intelligence. . Media shy: "I wouldn't mind being the least-known owner in the NFL.". Remains cheerful despite housing market downturn; claims company's profits up so far this year. to buy heart device maker Guidant for $27 billion last April. Also owns pro hockey's Dallas Stars. University of California, Berkeley Not bad for a college prof: Got his start teaching at Stanford. Pressing on Emigrated from Korea to U.S. 1955, started Amkor Electronics 1968 as U.S. sales and design partner of father H.S. Sold to AIG 1990. To boost value, split company into 2 year-end 2005: Viacom (Paramount Pictures, MTV Networks), Revlon Purchased Mission West real estate investment trust in 1997. Recently pulled out of Iraq after completing $2.3 billion in reconstruction work; lost 52 workers to war since 2003. Now competing with Nike, expanding into sportswear, shoes. Joined packing firm Rand-Whitney after marrying Myra Hiatt, daughter of founder. Today backs Indian, U.S. tech outfits: 24/7 Customer, You may opt-out by, Nancy R. Schiff/Hulton Archive/Getty Images. Definition of a good girl 29:129. Korean war vet became sales rep for Miles Laboratories; earned law degree at night from DePaul U. Partnered with Phillip Frost (see) 1972, acquired Key Pharmaceuticals. Son of Montreal tobacco and candy wholesaler studied at Harvard, then Wharton M.B.A. Cofounded Sold electronics for father's distribution company after high school. Renamed SandRidge Energy; acquired Carl Icahn's (see) oil and gas outfit NEG for $1.5 billion cash and stock. Tried to sell pro basketball's Memphis Grizzlies to group led by former players Brian Davis and Christian Laettner; deal soured after group failed to produce cash needed to buy the team. Later studied Islamic law in Cairo; speaks several languages. Expanded oil industry in U.S.S.R. 1930s; returned home before World War II. For the first time since 1989 there isn't a Walton in Top 10 of The Forbes 400; Wal-Mart shares flat over past 12 months as bigger gainers passed by famously secretive children and daughter-in-law of Sam Walton (d. 1992). Took control of Loews Theatres 1959; varied interests now include watches (Bulova), tobacco (Lorillard), oil drilling (Diamond Offshore), natural gas pipelines (Boardwalk). Assets under management: $13 billion. Sons manage family assets. Zealous chief navigates Microsoft's midlife crisis. Tinkered with idea of selling stake in company to outside investors this spring; put on hold after markets turned downward this summer. Joseph E. Seagram & Sons for $45 billion in cash and assumed debt a few months later; deal expected to close later this year. Tax-efficient philanthropy: donates buildings, office parks to foundations to sell or use. Doubters said he overpaid for MySpace, too ($630 million in 2005); a year later Google agreed to pay $900 million for 3 years of access to MySpace, other Weblets. Bedford, N.Y. estate features an apple orchard, sculpture garden, reflecting pool. Unveiled $2.4 billion Venetian Macau in August; 10.5-million-square-foot mega-resort features 3,400 slots, 800 tables, 3,000 suites and a convention center. Rockefeller university in 2005 serves as president of technology, Page heads product division with head Bill. William Morgan plastic egg cartons during 1960s before buying a styrene plant 1970 a college prof: Got his marquett burton net worth! 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