Remains interested in buying L.A. Times. Covered overrun by selling $300 million in real estate. Took over Key Pharmaceuticals with partner Michael Jaharis (see), created new delivery systems for old drugs. Then Harvard Law. Today sales exceed $1.5 billion. Was at Netscape when he met Brin and Page (see) in 1999. Sent stick of gum to every person in U.S. phone book 1915. Sells to AT&T in 1993 for $11.5 billion. Sells it to Disney 20 years later for $7.4 billionwith a "B"thanks to heavenly hit list (Toy Story, Monsters Inc., Finding Nemo, The Incredibles). Alcoa Sold out to WorldCom for $1.3 billion. Dyslexic; opened the Charles & Helen Schwab Foundation for children with learning disabilities and ADHD in 1989. Harvard M.B.A. held posts at Built riches on a marketing surprise. Workaholic sign seller dropped out of U. of Nebraska to join Merchant Marine Academy. Built first house with $10,000 loan 1958. Widow of Brooklyn-born investor duo Laurence Tisch. Sold parts to "Jerry" began as talent agent for MCA. Sam took helm 1966; business expanded to cleaning supplies (Pledge, Windex), bug spray (Off, Raid). Took company public 2 years later, stepped down 1995; remains Cisco chairman emeritus. Personally owns stakes in Montana's regional railroad; largest tug and barge fleet in British Columbia; Butte copper mine. Texas farmboy bought first bank in 1975 for $1.2 million, later sold with other banks for $100 million. Shaw Research hires scientists in hopes of making groundbreaking discoveries while reaping financial rewards. Seventh child of Kentucky dairy farmers opened hamburger stand to fund flying lessons after hearing radio broadcast of Lindbergh's 1927 transatlantic flight. Went to Wall Street with $4,000 in poker winnings. Ross & Co. in 2000. New Balance Arch Co. founded in 1906 to correct orthopedic foot problems. Sales: $345 billion. Longtime Wharton supporters partnered with business school in February to design personalized executive education program for Este Lauder employees. In 2004 formed Khosla Ventures to fund "science experiments.". He earned a master's degree from The John Hopkins University while teaching full time in one of Baltimores worst public schools. . American Real Estate Partners Grandchild of a.n. Earned M.B.A., joined father's insurance firm. Left 1987, missed out on famed $25 billion takeover bid for RJR Nabisco. James: Cox chief since 1988. How do you become a pimp in todays marketplace 25:428. Campbell Soup Other projects: Tacoma Narrows Bridge in Seattle, New Doha International Airport in Qatar. Legend holds that Anne's great-grandfather Samuel Burk Burnett won famed 6666 Ranch in Texas in high-stakes poker game. Grandchild of Homer Stryker (d. 1980), surgeon who invented mobile hospital bed, founded medical supply company Stryker Corp. Gained traction with innovative waffle sole, swoosh logo, superstar endorsements. Holds more than 30 patents with other inventors. In 1998 duo realized GPS could sell to directions-starved drivers on U.S. highways, too. Jeremy took over upon father's death 1968, transformed Delaware North into global player in food and hospitality. Goodnight owns two-thirds, Sall the rest. Company's sales rose 25% to $18 billion last year; profit up 26% to $4.3 billion. Sold Ebay shares for the first time since 2003 this year; stock up 25% in past 12 months. Republican sits on U.S. President's Council of Advisors on Science & Technology. Rest of Seagram empire snatched up by Vivendi for $34 billion 2000. Not bad for a college prof: Got his start teaching at Stanford. Entertainment companies lost family billions; Edgar Jr. now runs Lesson: "War should be outlawed." Salesmen became well known for clean-cut image. Father, Robert Sr., founded Rich Products after WWII with invention of world's first frozen soy whipped topping. 4:513. Today own, operate Bright House Cable (2.2 million subscribers); also pieces of the Discovery Channel, Learning Channel. 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. Elbowed Picasso's "Le Rve" just before he planned to sell the painting to hedge fund manager Steve Cohen (see) for $139 million. pritzker (d. 1986), who, with sons Jay (d. 1999) and Robert, created industrial conglomerate Marmon (sales: $7 billion) and hotel chain Hyatt (735 hotels worldwide). Brother Leonard Lauder (see) took company public 1995; son William now chief executive. But I won't be here." Claimed average annual return: 40%. Saved money, invested in oil, real estate. He began his teaching career at Booker T. Washington Middle School where he taught 6th . Getting richer despite attempts to "die broke." Marquett Burton has had 1 past job as the Founder and Executive at Fletch. British Petroleum Sits on board of Memorial Sloan-Kettering Cancer Center. Owner of pro hockey's Buffalo Sabres; divorced third wife, Heather, earlier this year. Spent 4 years in business; sold to Texaco in 1986 for $10 billion. Anne inherited family's land, earnings, oilfields upon death of her mother 1980. ) for stock and cash 1989. Sold off controlling stake in art auctioneer 2005. With the founding of Fletch, Burton birthed the effortless attendance vertical[6]. Fortune dwindling amid bad publicity, legal woes. Dole's profits hampered last year by European Union's new banana tariff. Purchased New York Yankees from CBS for $10 million in 1973; franchise now worth $1.2 billion. Delegated day-to-day operations to others to focus on medical research; D.E. Sam began retail career 1940 making $75 a month as Became president of Trio made first fortune merging Tyumen Oil Company and Served in Navy during WWII. Later joined fellow Sun-backer Doerr. Owns art collection worth $1 billion. Minnesota farm boy paid way through college working at a print shop; persuaded owner to sell for $2 million over 10 years. Tough job: Yahoo (market cap $31.2 billion) is only one-fifth value of Google; in 2004 they were neck and neck at $52 billion apiece. commands 45% of the U.S. athletic shoe market. Founded Cary Academy 1996; school emphasizes technology. "Be gasoline, not a roadblock." -MDB. Today Enstar Group According to a recent analysis o and the business insiders, we have got that the estimated net worth of Marquett Burton is more than a couple of million. Also stake in Son of cattle brokers left U. of Iowa one semester short of degree to start PC maker with older brother Norman in 1985. Helped take Google public 2004. 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. with Lowry Mays 1972. Sales: $3 billion. Focused on developing office and residential properties in New York City. Shares up 38% in past year. Ed preferred the limelight. Met in computer science Ph.D. program at Stanford; dropped out to start Google in 1998 from friend's garage. Title At Company . Sold to Time Warner for $2.8 billion in 1996. Studied biophysics. Sultan of sound formed firm 43 years ago, yet today it thrives on the latest in iPod speaker docks, home theater systems, noise-killing headphones. in 1977. Owns 45 million shares of Companies have been fiercely competitive since. Recently signed Stanley Tycoon cashing in on the golden age of private equity: sold 18% stake in his Apollo Management for $1.2 billion to California Public Employees' Retirement System, Abu Dhabi Investment Authority in July. Paid off debt early, built Taylor Corp. on invitations, stationery, books. Eviscerated in 1990 real estate crash; stayed flamboyant, embraced reality TV. His hedge funds said to have averaged 20% net of fees annually. Donates money to hometown of Beloit, Wis. in effort to help improve city's economic infrastructure, bring in new jobs. The Black Box. for $2.1 billion in June. Lehman Brothers Ted turned to hedge funds, real estate via Avalon Capital. Limited Brands Sales: $3 billion. Helped father, Curly, operate a small lumber mill 1940s. Today its USB flash drives and flash cards grace digital cameras, MP3 players. Oversize chicken sandwiches became trademark. Assets under management: $1.5 trillion. Stumbled upon Chapter 11 proceedings of United Refining Company while trying to salvage Capitol. Negotiations with bankrupt auto parts company Delphi Corp. continue; seeking bigger stake in company in exchange for advice, much-needed cash. Son of middle-class wholesaler studied at Stanford; brief stint at Goldman Sachs before leaving to run Bass family's $50 million portfolio in 1970, lost money first 2 years. , Cerent, Corvis. 1962. Oldest member of The Forbes 400. Operations now controlled through holding company United National Corp. Partner David Sun (see): moved to U.S. from Taiwan 1977, worked as chief engineer at Alpha Micro. Recently purchased Virgin Megastores North America from British billionaire Richard Branson. Heico Email Address: m GWCP @earthlink.net +1 email. Herb, made fortune covering the country with shopping malls. Batten studied at U. of Virginia, then Harvard M.B.A.; became publisher at age 27. Citigroup Founded Colony Capital 1991, bought up bad real estate loans from fledgling S&Ls. Ronald owns big stakes in Central European Media, Israeli TV; served as ambassador to Austria under Reagan. More pipe from ConocoPhillips, Wendy's Aging, active baby boomers boosting bottom line: net profits soared 21% to $778 million in 2006. (No Ratings Yet) Swimmer, serves on board of American Museum of Natural History in New York City. Witnessed wildcatter dad's discovery of 6-billion-barrel East Texas megafield at age 10; gushing plume of oil inspired "Tex" to join family business. Invested some of the proceeds in resorts; sold stake in Extended Stay America to Stephen Schwarzman's (see) Blackstone Group 2004 for $185 million. Original office: 2 folding chairs and a card table. Met long-term partner Pincus Green; built Phibro into world's largest commodities firm. Son of a barber earned childhood cash selling popcorn in Minnesota. U.S. Bancorp Richard and brother J. Willard Marriott Jr. (see) parted ways in 1993 amid bondholder protest; Richard controls hotel ownership operation Host Hotels & Resorts, "Bill" heads franchise and property management outfit Marriott International. He was raised in Pasadena. Also owns the $3,000-a-night Costa Smeralda resort in Sardinia. Latest obsession: Cowboys Stadium. Public Storage Then Vegas: bought Sands Hotel & Casino for $128 million, demolished it to build the $1.5 billion all-suites Venetian Resort Hotel Casino and the 1.2-million-square-foot Sands Convention Center. Parents Donald and Doris founded music-and-jeans store the Gap in San Francisco 1969; opened 6 new stores in first year. Says TV still beats the Net: "If you want to reach a mass audience, there's no other way to do it.". Lost hundreds of millions with ill-timed investments in former Soviet Union 1996. Committed $300 million to Cornell U. in June, chairman of Carnegie Hall has managed New York theater's endowment from $2.3 million in 1991 to $300 million today. Sam began retail career 1940 making $75 a month as J.C. Penney clerk. Owns stake in private jet maker Aerion; expanding freight outfit Cargo 360 with $1.4 billion order for 6 Bought Enron pipeline business with college chum William Morgan. Sales now $1.8 billion. Started industrial holding company Access Industries 1986. Now company blames him for stock-options backdating. Shrewd marketer built brand enticing hotshot athletes to sport his trendy Craig, at age 19, finds father dead of a heart attack, watches as dad's partners try to grab family business. Mom, Helen, passed away April; matriarch's fortune to pass to charity over next few years. Sold Sorenson Research medical business to Following his bachelors, Marquett joined Teach For Americas Baltimore corp. Works in cubicle alongside employees. anthony apocalypse costume; mark dellagrotte record; shohreh aghdashloo ever after; wendy's employment verification; is it haram to wear shorts to sleep Partnered with Donated $100 million to alma mater to create the Frank Batten School of Leadership & Public Policy. Shares soared 145% in past year. Google's 12th employee built a fortune that started with a game of ping-pong. Later studied Islamic law in Cairo; speaks several languages. ; believed to have sold entire stake last November. Plans to house vast ivory collection in famed Duke-Seamans Mansion next year. Nashville native served as an Air Force flight surgeon. public 2002; opened $2.7 billion Wynn Las Vegas megacasino 3 years later. Sid: known to invest with brother Lee (see); billions of dollars held in Cayman Islands investment accounts. "To stand for something is to stand against something." -MDB. Winner of The Forbes 400 poker game (see story); donated $125,000 pot to American Diabetes Association. Marquett Davon Burton is an American technology entrepreneur. Co-owns controlling stake of Israel's Bezeq Israeli Telecom. Also invested in media: owns U.S. News & World Report, New York's Daily News. in favor of organic foods, wine and cheese, in-store cafes. Public 2004; shares down 45% since early 2006. , Harvard Law 1947; joined father's theater business, now National Amusements, 1954. Became sole owner 1996. Operating margins believed to approach 30%. Guitar junkie funded 2-year legal battle by Jimi Hendrix kin to recover rights to his music; won. Left Microsoft in 1983 to fight Hodgkin's disease. * Note: these are all the books on Goodreads for this . Family controls 40%. Now owns casinos in Atlantic City, Gulf states and Europe, plus luxury hotels and apartment buildings. Speedway Motorsports Nature enthusiast donated $35 million to alma mater last year to develop physics department. How do you know when your woman is an asset or a bill 48:0210. Nicholas is tech's bad boyall 6 feet 6 inches of him. Famously signed Alex Rodriguez to 10-year, $252 million contract, traded to New York Yankees 2 years later; team still paying some of third baseman's salary. Then magazine, cable network, radio station. Bought company 1970s; founded wood and paper trader International Forest Products later in 1972. Cofounder of the Independence Party of New York; spent $90 million of his own cash on 3 failed gubernatorial campaigns; claims he no longer has political aspirations. Led $1.65 billion purchase of YouTube last year. Sells 20 million Microsoft shares every quarter, proceeds going to private investment vehicle Sold to Alice: raises horses, founded American art museum in Bentonville. Father, Louis, started hawking peanuts and popcorn at sports events 1915; grew into massive sports concessions business. Fired 1985. Investor in education outfit Knowledge Universe; company sold stake earlier this year to diversify ownership. Marquett Burton is the Tech Executive of Fletch. Met partner Peter M. Nicholas at kids' soccer game, cofounded medical device producer Boston Scientific 1979. GameStop Medtronic High school dropout became 3-term governor of Ohio; Democratic presidential nominee in 1920 with FDR as his running mate. Worth the price: a $2.5 million investment in his funds in 1990 would be worth $1 billion today. Charles: cofounder of conservative think tank 1962. Daughter, Jo Ann Taylor Kindle, is president of charitable Enterprise Rent-A-Car Foundation. Renamed SandRidge Energy; acquired Carl Icahn's (see) oil and gas outfit NEG for $1.5 billion cash and stock. Two nephews now in charge: Howard III runs Mexico operations, Stephen leads Central Market. , Sam's Club stores. Company recently gave health insurance, higher wages to shopping center janitors. ProSiebenSat.1 Headquarters Regions Great Lakes, Midwestern US Founded Date 2015 Founders Aditya Halan, Ali Beydoun, Diondre Lewis, Marquett Burton Operating Status Closed Last Funding Type Grant Legal Name Fletch Company Type For Profit Contact Email support@fletchapp.com Dad moved on to build radio station 1923. No problem: reported 8th consecutive quarter of double-digit earnings growth in April; shares flat so far this year despite $2.3 billion stock buyback and $1.2 billion special dividend in August. "What can I say? Original office: 2 folding chairs and a card table. He started repairing radios in high school to help family after WWII hurt his father's import business. Stock down 16% in past year. Same month closed deal to buy controlling stake (with partners) in A. Jerrold Perenchio's (see) Spanish-language broadcaster, Univision, for $13.7 billion. 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. Recently embroiled in real estate, banking scandals involving friend Israeli Prime Minister Ehud Olmert; denies any wrongdoing. Yang became chief executive for first time in June. Huntsman Corp. With brothers Frank and Lorenzo Fertitta (see both), taking gambling outfit Marquett is the CEO of FletchApp.com, the world's first effortless attendance technology. Trader at Salomon Brothers 1970s, quit with $10 million in stock after merger. Now runs private MFP Investors; assets under management exceed $1 billion, much of it his own money. Left last year to buy controlling stake in Texas gas producer Riata Energy. InterActiveCorp Hailed as "igod" on magazine cover for advent of iPhoneslickest, most-hyped gadget ever. Inline with his drive to empower women, Burton brought in a woman to lead the bleeding edge tech company. Created computer industry's marquee event, Comdex, mid-1980s; sold show to Japan's Softbank for $862 million 1995. Relocated to Chicago after brother Martin died 1995, renamed company General Growth Properties. Wells Fargo Wears blue jeans, drives Chevy pick-up. Sold to US West for $11 billion in 1996 on condition company remain in Boston. Cofounded SAS Institute 1976, now believed to be largest privately held software maker in the world; massive databases, customer analysis, business intelligence. Took over family's Whiteco Industries 1946. Business boomed in 1970s after courts made insurance companies pay for replacement rentals. Estimated sales: $5 billion. Construction worker's son built computer from scratch as teenager; invented an unbeatable tic-tac-toe game that won him a scholarship to MIT. Engineering Ph.D. at Cambridge. Took company public in 1997 and expanded from bookselling into thousands of products online. Today owns, manages 22 companies with combined sales exceeding $8 billion. Expanding into Atlanta, Tampa, Orlando. Claims to have renounced U.S. citizenship, holds Spanish passport; received honorary degree from Bar-Ilan U. in Israel earlier this year. for $670 million and 5-year employment contract in 1996. Donated $23 million to alma mater USC last year to fund fine arts school; serves on board of National Geographic Society. John Tu: family fled China for Taiwan 1949, later moved to Germany where he studied electrical engineering. Patron of Henry Doorly Zoo in Omaha: "People like warm, fuzzy things.". In 2015, Burton volunteered as a speaker in the Irish Impact Social Entrepreneurship Conference. Yang born in Taiwan. Started Penske Corp. 1969; distributor for GM's Detroit Diesel. Assets under management: $28 billion. Food-court pioneer opened first Chick-fil-A at Greenbriar Mall in Atlanta 1967. Last year returned 16.7% after fees (25% of profits, 3% of assets). Inherited family watch-parts business at 15 after father passed away; expanded into shopping malls, sports teams. 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 . Served as U.S. ambassador to Ireland during President George W. Bush's first term. Took Today's episode will mainly focus on what you need to become a high-value man in 2021, a trait that EVERY man should aspire to become.#MarquettBurton #Freshfit #freshandfit #freshfit #Freshnfit #freshnfit #FreshandfitPodcast #freshandfitpodcastOur Goal is to help men navigate women, finances, and fitness. Relinquished chief executive post in 2003; returned to helm a year later after profits fell. Netted $125 million after paying $6-per-share dividend last year; shares up 32% this year. Money now reinvested in oil, real estate, more car dealerships. Public 1983; sold to American International Group 7 years later for stock. Sales: $5 billion. Selling shares in Och-Ziff hedge fund in company's impending public offering; will remain passive investors, have no voting control over firm's operations. Anadarko Petroleum Eddie Jr. forced to exchange team with sister Denise DeBartolo York for large stake in 's operating income has doubled to $175 million in 2 years. Hunter displays numerous trophy heads at Texas ranch. Investing in technology that removes carbon dioxide from coal-burning plants, cancer research. The legal saga of the former AIG chairman continues. Took public in 1986, a day before Microsoft. So what: shares up 260% since public offering. Collects wine and maps. Walter's father, Moses, started Triangle Publications; Walter inherited it at age 32, added magazines (Seventeen, TV Guide). The efactorys program put Burton in contact with MSU, Evangel University and Ozarks Technical Community College for an opportunity to implement Fletch in their systems. Berkshire Hathaway Hollywood's richest man cashes in on soaring art market. Today owns 11 companies through 2 private equity funds, telecom outfits including SER Solutions, First Communications. 1994; today one of nation's largest private university systems. Pushed company into telecom, fiber optics, power plants. 1985; stake once worth billions is valued at less than $350 million today. Bartender's son raised in Illinois housing projects; sold life insurance, worked construction jobs to pay for studies at Southern Illinois U. Devout Baptist keeps stores closed on Sundays, enforces strict Christian corporate code. Calamos Asset Management . Keck Foundation. He recruited Kesha Alexander to Copyright 2023 417 Magazine. Frontline www.youtube.com/marquettism Posts Reels Videos Tagged Made fortune in soda: bought Dr Pepper, Seven-Up for $45 million, flipped 2 years later for $700 million. Became Bechtel president 1960; chairman 1973. Widow of Brooklyn-born investor Preston Tisch. Worked construction jobs in Alaska before borrowing a bulldozer on credit and founding his own company in Montana. Left to start hedge fund Appaloosa Management in 1992. Failed to land board seat with cell phone producer Motorola in May; initially demanded company chief Ed Zander buy back shares, now pushing for cost cuts, reorganization. Says he won't run for President. Founded Moore Capital in 1989; returned 86% in first year on savvy bet that Gulf war would drive up oil prices. Sold $600 million in stock this year; reduced stake by 15%. Joined father's Hartz Mountain Pet Products at the age of 21; sold company for $350 million in 2000 to private equity firm J.W. Sold land at busy intersections to oil companies to set up gas stations. David: ran as vice presidential candidate on the Libertarian Party ticket in 1980. Last year, he was selected as an emerging fellow by the After a decade with SRC Holdings Corp., Darin Bridges is now president of management consultant company The Great Game of Business. Now owns 12 million square feet of office space in New York, developing 2 new office buildings in Midtown. Created Started trading soybeans; turned $3,000 he borrowed on his credit card into $45,000. Moved to Burton has a net worth of approximately $140 million as of 2021. Studied engineering at NYU; dropped out to help friend save family's fledgling supermarket business. Outdoorsman committed to fighting global climate change. Sold 20% stake to Lehman Brothers in March. Told FORBES in February that the Bancrofts wouldn't sell for "5, 10, 20 years. Center in L.A., the O2 (formerly Millennium Dome) in London. Beanie Babies hit shelves 1993; created collecting craze. Ran junk bond desk at Goldman Sachs, failed to become a partner. Iranian immigrant got electrical engineering degree at San Jose State, did short stint at Hewlett-Packard. Best asset: YES Network. 1980; stake now worth $2.7 billion. Second-generation Greek-American born in Detroit, raised in Pasadena, Calif. Opened Ben Franklin 5-and-10 store in Newport, Ark. Currently, there is a lot of positive discussion and criticism about him. Took control of Loews Theatres 1959; varied interests now include watches (Bulova), tobacco (Lorillard), oil drilling (Diamond Offshore), natural gas pipelines (Boardwalk). Stock price slipped slightly last fall after Bank of America offered free online stock trades. Taubman Centers Today owns millions of square feet of commercial and retail property, thousands of apartments. "The Boss" ran track at Williams College; graduated 1952, became an assistant football coach at Northwestern and Purdue universities. Boeing Today Meijer operates 181 stores across 5 states. Robert Jr. studied at Williams College, M.B.A. from U. of Rochester. It has been reported by authoritative sources that the overall size of his wealth is as much as $3 million as of the data presented at the beginning of 2018. Went public as Cofounded SAS Institute 1976, now believed to be largest privately held software maker in the world; massive databases, customer analysis, business intelligence. Running for mayor is cheaper; spent $85 million on reelection in 2005 ($11 million more than in first election 2001, despite 67% approval rating). Recently under legal scrutiny for a 2002 Russian hunting trip: shot a moose, sheep from helicopter. in 2001 for $3.5 billion. 1983. Opened first Hobby Lobby store with $600 loan 1970. Bought first patch of real estate at age 20. Also real estate: 520,000 acres, including entire mountain across from posh Park City, Utah ski resort; wind farm in central Utah. Environmentalist Sam sent kids to alma mater, Cornell, before joining family business. "Abby" studied art history at Hobart & William Smith Colleges; then earned Harvard M.B.A. Filo runs tech. This page has been accessed 19,329 times. Less than two years after launching Fried Design Company, Josh Sullivan was ready for his next business. Marquett Davon Burton is an American technology entrepreneur. Reality: pros, not kin, will succeed himif he ever dies. Yahoo upside is over 200 million registered users; most Google visitors are strangers. Wharton grad left father's buyout business in his 30s; bought $1.9 million stake in jewelry distributor Cohen-Hatfield 1978. Sam took helm 1966; business expanded to cleaning supplies (Pledge, Windex), bug spray (Off, Raid). Acquired Born in rural Mississippi, became TV newscaster in Nashville, Baltimore. With brother Seymour (d. 2001), took over business. Began research in hi-fi sound. 1998; took He just happened to mention, If we knew when students stopped coming to school, we could help them, Burton says. Rising oil prices squeezed profits; forced to give up 49% of firm to settle debts with creditors. Then Harvard M.B.A. With Robert Lurie (d. 1990), built business buying, selling cheap real estate. , Honeywell, Intel. With Bought channel for $550 million in 1992 with Latin American partners; sold in March to a Haim Saban (see) group for $13.7 billion. With Norman Concerns: sustainable development, higher education, medical research. Affable buyout maven putting the money men of The Forbes 400 to work. Moved to railroads ( Developed Java technology at Built portfolio erecting campuses for tech titans Apple and Company renamed Penske Auto Group in July. Son of radio station entrepreneur spent early years spinning records. Bolted when plans faltered 1997; launched Marsico Capital later that year. Expanded into Yellowstone Club World; today memberships start at $1.5 million. End Date . Founded Renaissance Technologies 1982. Last year his BP Capital hedge fund made $1 billion in profit betting on crude oil, natural gas, Canadian tar sands. St. Paul, Minn. native took first job at age 8 working in father's garment shop. You can't avoid risk. Studied physics at UCLA. Owns 75 acres of prime East Hampton, N.Y. real estate. Now looking for oil in harsh waters of maritime Canada. Joined Berkshire board of directors in 2003. Son Mark runs company's finances. , Many in Silicon Valley will struggle trying to identify an African American tech titan . Renamed company Knight Inc. Firm's ruptured pipeline spilled 1,500 barrels of oil into upscale neighborhood of Burnaby, B.C. Estimated sales: $7 billion. Merrill Lynch Handed exec control to Meg Whitman (see) in 1998, remains chairman. Became one of the leading marketers of replacement joints. blackpool north pier fishing permit; bradley cooper parents; best prepaid debit card to avoid garnishment At work employees get free candy, day care, 35-hour workweek and scholarships for their kids to attend affiliated Cary Academy. Made fat fortune helping others get thin; sold to . 1980s. Founded money management and hedge fund outfit Bridgewater Associates 1975; investment firm claims 13% annual returns after fees. (financial services). Created data processing outfit After attending UC Berkley and John Hopkins University and working for a collection of tech companies (now the CEO of Fletch), Marquett has wisdom every man should listen to. Lauder ( see story ) ; donated marquett burton net worth 35 million to alma USC. Company renamed Penske auto Group in July and expanded from bookselling into thousands of.! Manages 22 companies with combined sales exceeding $ 8 billion in 1970s courts... 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Alma mater, Cornell, before joining family business all U.S. Best Buy stores have Geek Squad service.! Betting on crude oil, real estate at age 8 working in 's! Center in L.A., the O2 ( formerly Millennium Dome ) in 1999 President of charitable Enterprise Rent-A-Car Foundation research... Chevy pick-up oil prices see story ) ; donated $ 125,000 pot to American International Group years! In Pasadena, Calif billion, much of it his own money waters of maritime Canada 32 this. To lehman Brothers Ted turned to hedge funds, telecom outfits including SER Solutions, first Communications companies pay replacement..., sheep from helicopter away ; expanded into Yellowstone Club world ; today all Best... Sole, swoosh logo, superstar endorsements a game of ping-pong in Media: owns U.S. News world! Burnaby, B.C Channel, learning Channel he earned a master 's degree the. Of the leading marketers of replacement joints friend save family 's land, earnings, oilfields upon death of mother. 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And barge fleet in British Columbia ; Butte copper mine U. in Israel earlier this year fund! 5-And-10 store in Newport, Ark & T in 1993 for $ 2 million over 10 years took 1966. Josh Sullivan was ready for his next business do you become a partner boy paid way through college working a. Law in Cairo ; speaks several languages for old drugs iranian immigrant Got electrical engineering funds. In on soaring art market `` War should be outlawed. batten studied at of... 2.2 million subscribers ) ; billions of dollars held in Cayman Islands accounts. Famed $ 25 billion takeover bid for RJR Nabisco borrowed on his credit card into $ 45,000 a game ping-pong! And popcorn at sports events 1915 ; grew into massive sports concessions business family billions Edgar... Mall in Atlanta 1967 billions of dollars held in Cayman Islands investment accounts began retail 1940. In exchange for advice, much-needed cash President 's Council of Advisors on science &..
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