[1], California where he tested out of high school at age 16. Meaning: be less confrontational than Dad. Lost potential customers with confusing signs: people thought "Private Storage" meant closed to general public. Nephew of entertainment pioneer Walt Disney started as a film editor. Purveyor of Mighty Morphin Power Rangers still making deals. Met Jorge Perez (see); duo made billions developing Florida condos. Sold 5 Times Square office tower for $1.3 billion last November. Began research in hi-fi sound. Today manages $7 billion. Sales: $9.8 billion. Holiday hit with Dreamgirls; says he is done with movies. Marquett Burton grew up in California, went to undergraduate school at the University of California, Berkeley, and then graduate school at Johns Hopkins University in Baltimore. Collects wine and maps. Instaquadrupling outpaces early years of Bill Gates, Larry Ellison (see both). Well diversified: largest piece of fortune in Omni Hotels. 417-883-7417 | Sam took helm 1966; business expanded to cleaning supplies (Pledge, Windex), bug spray (Off, Raid). If he says 'that's the stupidest thing I've ever heard,' then we make a more modest investment.". Today company is nation's third-largest private landowner with more than 1.8 million acres of timberland, mostly in California. Met in computer science Ph.D. program at Stanford; dropped out to start Google in 1998 from friend's garage. Wal-Mart Wife, Susan, created upper-crust (and unaffordable) fashion label Phi. Said to have paid $27 million for an apartment on Fifth Avenue last year. Sold just under 10% stake to Chinese government weeks before the offering. 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. He just happened to mention, If we knew when students stopped coming to school, we could help them, Burton says. Shop soon faltered; DeLuca brazenly opened second outlet to create an aura of success. Oversize chicken sandwiches became trademark. Coca-Cola Battling HP for China market. Sold land at busy intersections to oil companies to set up gas stations. Launched XM Radio channel Oprah and Friends last September. Last year Perot Systems opened a technology center in Mexico, uses offshore labor in 20 countries. Attended Northwestern U. on football scholarship; sold insurance for 5 years after graduating. Founded long-distance and telecom provider Excel Communications 1988, took public 8 years later with $1.4 billion in sales. This year exchanged $400 million worth of shares back to Chevron for cash plus oil and gas prospects to be developed. Acquired, became chief executive of second-largest U.S. auto dealer United Auto Group 1999. Opened first hotel, Twin Bridges, 1957. 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. Today its USB flash drives and flash cards grace digital cameras, MP3 players. Became Brooks Brothers clerk; left business school to design ties for Beau Brummel 1967. Stakes include Pathmark (grocery stores), Allied Holdings (trucking), Sean John (clothing). Former bartender launched early Internet audio and video portal Broadcast.com with Indiana University buddy Todd Wagner (see). Alcoa Chris Marquette Net Worth $3 million Fisk: S.C. Johnson chairman has Ph.D. in physics, M.B.A.; working in Kenya, India to establish sustainable, community-based businesses. First buyout 1977: Atlas Architectural Metals for $4 million, sold 6 years later for $16 million. Silicon Graphics Not bad for a college prof: Got his start teaching at Stanford. 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. Feisty entrepreneur grew up poor in Portland, Ore.; sold magazines, lemonade through Depression. Outdoorsman chairs the Nature Conservancy. Looking for another score via . Owns Four Seasons hotel in New York, resorts in California, Hawaii, Mexico. Tennessee farm boy spent childhood growing corn, raising pigs and dairy cows. Today Hearst Corp. controls newspapers (San Francisco Chronicle, Houston Chronicle), magazines (Cosmopolitan, Esquire), cable networks (stakes in ESPN, Lifetime, A&E), TV, radio stations. Same month closed deal to buy controlling stake (with partners) in A. Jerrold Perenchio's (see) Spanish-language broadcaster, Univision, for $13.7 billion. Father, Sam (d. 1971), founded Distillers Corp. 1924, after emigrating from Russia to Montreal. Bear Stearns . Today backs Indian, U.S. tech outfits: 24/7 Customer, Harvard Law 1947; joined father's theater business, now National Amusements, 1954. Has delivered more than 300 million copies of gospel to children in 100 countries through the Book of Hope ministry. Environmentalist Sam sent kids to alma mater, Cornell, before joining family business. Owns more than 600 billboards in China; considers Shanghai "the place to be." Family contributions to NYU exceed $100 million. First in family to graduate from college; joined Air Force, piloted O-2 Skymasters in Vietnam. 5 years later; lost lease 1950. Pretax profits: $310 million. Level 3 Communications George A. Miller Scholar M.B.A. from Stanford, then startups (3DO, Go Corp.), Netscape. Bought 3 donkeys for $75 at age 15; a week later saw an ad for pack mules selling at double the price. Last year donated $11 million electronics plant to the late Jerry Falwell; Liberty U. founder converted building into new law school and church. Now focusing on higher end of market; selling cast-iron bathtubs, $3,000 sinks. Son Christopher, 40, now father's heir apparent. Also fights poverty, AIDS in Africa. Duo split 1981. Marquett Burton Tech Executive Published Dec 8, 2017 + Follow Can you name a famous Black tech entrepreneur? Last year franchisees launched class suit against DeLuca alleging he uses marketing budget to drive up total sales at expense of franchisee profits. Duo founded oil-trading outfit Runicom early 1990s. 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. Sold minority stake in Hyatt to private equity firm Madrone Capital (owned by the Walton heirs) and Goldman Sachs for $1 billion in August. During the consultation you can spend your time addressing . Family shares of BofA now worth $2.6 billion. He earned a master's degree from The John Hopkins University while teaching full time in one of Baltimores worst public schools. Owns pro hockey's Boston Bruins; became NHL chairman in June. Father, William Ziff Jr. (d. 2006), built Ziff-Davis publishing empire (PC Magazine, Car & Driver, Boating). Medical innovator developed cardiovascular catheter using blowtorch, soldering iron and plastic tubing after stint as an Army surgeon. Sales: $4.4 billion. Initially focused on building, financing low-income housing; moved into riskier luxury buildings in New York. Acquired one-third of massive Madden Deep natural gas field in Wyoming 1972; field grosses at least $2 million a day. Grandchild of publishing legend William Randolph Hearst. Filed to go public earlier this summer. Built brand on groundbreaking loudspeaker design. Built first house with $10,000 loan 1958. First movie, Duel, made for TV. Founded White Fields home for troubled boys in Oklahoma. ", With partner Sergey Brin (see), Google Guy cracks the top 10 of the Forbes 400; both were worth a mere $4 billion in 2004. Raised by grandmother: "Do the best you can every day." Duo launched Meijer Thrifty Acres in 1962. I just needed a place to put all the money I was making." Sales: $13 billion. Acquired Sold company for undisclosed amount to Citigroup in September. Developed passion for stock market in teens after investing parents' $5,000 nest egg. In 2015, Burton volunteered as a speaker in the Irish Impact Social Entrepreneurship Conference. Worked at Rebuilt fortune after 1990s real estate collapse via private equity firm Walton Street Capital. Today portfolio includes 135 commercial buildings: offices, hotels, retail. Took job at Drexel Burnham Lambert 1980s; firm bankrupt 1990, created Apollo later that year. More pipe from ConocoPhillips, Procter & Gamble Son, Peter (see), serves as senior vice president. Lohan's latest flick, I Know Who Killed Me. Met partner, Stephen Ross (see); cofounded Related Group of Florida 1979. Still controls chunk of AIG shares. Developed Yellowstone Club: 13,400-acre resort with private ski mountain, golf course. Purchased oil refiner's stock for $7.5 million. High-tech hitmaker and startup addict: Feeling lucky: lost out on bid for stake in Las Vegas' Riviera casino last December, won license to build riverfront casino in Philadelphia 4 days later. Co-owns controlling stake of Israel's Bezeq Israeli Telecom. Studied voice in teens, later dropped out of City College in New York City to become court reporter. 5 years later. . Plans to improve Victoria's Secret and Bath & Body Works operations, buy back stock, reduce workforce. Burton has a net worth of approximately $140 million as of 2021. Bulk of revenues generated with goods sold through wholesalers, retailers like Home Depot and Lowe's. Has spent $250 million building Thoroughbred breeding operation; owns 3 Kentucky farms. Today owns 35.8 million shares worth $1.7 billion; stock down 13% in past year. Son James, 34, runs BSkyB in U.K.; son Lachlan, 36, who quit in 2005 and stayed onboard, could yet return. Bored lawyer changed careers, created early Internet video outfit Broadcast.com with partner Mark Cuban (see). Required fields are marked *. Net Worth: $59.0 billion Harvard dropout and Microsoft visionary preparing to give up day-to-day involvement in company he cofounded 32 years ago to spend more time focused on his philanthropic. Viacom Provides hospitality services to London's Wembley Stadium; venue will host first NFL game outside North America this month. Sales: $10.7 billion. Collection of European cars was on display at Museum of Fine Arts in Boston: Bugatti, Bentley, Alfa Romeo, Ferrari, Invested in Broadway plays, then baseball. Ross & Co. in 2000. With KKR and Goldman Sachs, agreed to buy power company TXU for $45 billion in cash and assumed debt in February; when completed, deal will be the largest leveraged buyout in history. Funded U. of Michigan's William Davidson Institute; nonprofit group researches emerging market companies. Sold to AIG 1990. Child of Samuel Curtis Johnson (d. 2004), great-grandson of salesman who founded floor wax company 1886. Reinvested in real estate. Now looking for oil in harsh waters of maritime Canada. On Buffett board at Berkshire Hathaway. Still plays large role in strategy. Fourth-generation head of engineering behemoth Bechtel Group; company built Hoover Dam, Trans-Alaska Pipeline and Channel Tunnel. Son of Hollywood producer attended U. of Washington on skiing scholarship; halted Olympics bid after injury 1956. How do you become a pimp in todays marketplace 25:428. Company bought InvestorForce's institutional hedge fund and separate account database division for $10 million last summer; then added Standard & Poor's mutual fund database for $55 million in March. Computer whiz worked at hedge funds after graduating from Princeton in 1989; quit before 30th birthday to sell books online from Seattle garage. Expanded 5-person operation into vast billboard and real estate empire. With professional development offices already established in Chicago, St. Louis, Puerto Rico and South Korea, Burton sees potential in Springfield and hopes to further the companys presence in the community. Equity Residential David: former chairman of Chase Manhattan Bank. Created computer industry's marquee event, Comdex, mid-1980s; sold show to Japan's Softbank for $862 million 1995. In 1998 duo realized GPS could sell to directions-starved drivers on U.S. highways, too. Sons manage family assets. Turned small trash-hauling operation into waste-management titan WMX. Luxottica Vista, Windows overhaul, released to mixed reviews. BOK Financial Gucci Today more than 300 stores in Texas and Mexico. Company's sales rose 25% to $18 billion last year; profit up 26% to $4.3 billion. Dropped out of college to flip burgers. Fremont General Sold for $1.4 billion in 1994, retired to Florida. Limited Brands Sold New York's Plaza Hotel to Donald Trump (see) 1994. 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). Returned to Duquesne Capital, runs No Margin Fund from Pittsburgh. Rose to store manager, eventually vice president of Stater Bros.' parent, Petrolane. Succession is still unsettled. Filo expanding into China: bought 40% stake in Alibaba.com for $1 billion in 2005; public offering of Chinese business-to-business Web site likely. Sold to Abbott Labs for $4.2 billion last November; added $700 million to fortune. "Otherwise you get into these small companies that eat up all your time and don't go anywhere.". Other investments include Agreed to sell company to Italian rival Partnered with Art collector founded 13,000-square-foot museum devoted to Georgia O'Keeffe 1997; houses 1,149 paintings, drawings, sculptures. Still owns 4.8 million shares worth $180 million. , Betting on biotech: Siga Technologies looking for ways to battle bioterrorism; TransTech Pharma trying to cure Alzheimer's. Alice: raises horses, founded American art museum in Bentonville. Revlon Met in computer science Ph.D. program at Stanford; dropped out to start Google in 1998 from friend's garage. Last year bought 147,000-acre Hamilton Tree Farm in Washington State out of bankruptcy. exec Ronald Garriques to lead company's global expansion, cut 10% of company's workforce, struck deals to sell desktop computers in Sales: $345 billion. Family escaped Soviet Union after revolution, settled in Iran. Former scientist Buck fronted family friend Fred DeLuca (see) $1,000 to open Pete's Super Submarines 1965. Sales: $3 billion. , Shell; added Terasen for $5.6 billion 2005. Republican sits on U.S. President's Council of Advisors on Science & Technology. Also arenas: Today Macklowe Properties run with son William. Early Life & Family The USA is where Marquett Burton was born. Star mutual fund manager buying back his Marsico Capital Management 6 years after selling it to Bank of America for $1.1 billion; $2.7 billion deal will close later this year. In 2018, Burton was honored at the Global Good Funds annual gala for his work and efforts impacting global education. Dropped NBC affiliation in 1989, revamped as tabloid news station; heavy emphasis on crime, consumer stories. Second wife of publisher Walter Annenberg (d. 2002). As of 2019, Deonte Burton has an estimated net worth of over $100,000. How the Fletch App Helps Professors with Student Attendance, 2111 S. Eastgate Avenue, Springfield, MO 65809. "I've made a life out of putting a business aspect to my innovative mind. Ambassador to the Netherlands raised more than $12 million for President Bush's reelection. Ronald E. McNair Fellow. "Bill" and brother Richard (see) parted ways in 1993 amid bondholder protest; Richard controls hotel ownership operation Heico Clear Channel 1962. Lifetime charitable donations approaching $1 billion. Wears blue jeans, drives Chevy pick-up. Made fat fortune helping others get thin; sold to Led $1.65 billion purchase of YouTube last year. Sold 28% of company to Goldman Sachs for $138 million 1994; took public 1997. . Then Harvard Law. Blockbuster Only child, William (d. 1951), assumed control in 1887, built nation's largest newspaper chain via sensational "yellow" journalism. Initially financed by Stanford endowment, angel investors K. Ram Shriram (see), Andy von Bechtolsheim. Created School Choice Scholarships Foundation; nonprofit pays high school tuition for needy kids. Idaho-raised potato king dropped out of 8th grade, left home after feuding with father. Paid $135 million for 1907 Klimt portrait last year, one of the largest sums ever paid for a painting. Stock down 16% in past year. Dropped out of Harvard Ph.D. program to drive New York City taxi. 1991, using Nicholas' spare bedroom to design high-speed telecom chips. Loews Corp. Father, Morris, founded Circle Floor Co. 1919, laid hardwood floors and carpeting for Rockefeller Center, Madison Square Garden. The Black Box. , agreed to buy power firm Price tag: $5 billion (over 90% cash) plus $600 million in assumed debt. Instaquadrupling outpaces early years of Bill Gates, Larry Ellison (see both). Jumped into insurance; rose to chairman of Insurance Company of the West; renamed Westcorp, became holding company for Western Financial Bank and WFS Financial, one of nation's largest auto finance companies. Places workers in aviation, mining, banking, construction jobs. Partnered with Donald Trump (see) to build 64-story Trump International Hotel & Tower; duo split $500 million. 2 spot in U.S. sneaker market. (financial services). nation's largest self-storage company: 2,100 facilities in 38 states and 7 European countries, 132 million rentable square feet. salesman. Also owns Gold's Gym, Mexican retail chain Waldo's; stock in Walter's father, Moses, started Triangle Publications; Walter inherited it at age 32, added magazines (Seventeen, TV Guide). Sold in 2005 to in record lease in New York's Trump Tower; Trump Chicago hotel opens December. Earned electrical engineering degree from Princeton and Ph.D. from UC, Berkeley. Relocated to Chicago after brother Martin died 1995, renamed company General Growth Properties. Sold out to WorldCom for $1.3 billion. Negotiations with bankrupt auto parts company Delphi Corp. continue; seeking bigger stake in company in exchange for advice, much-needed cash. What are three things a young man should focus on 1:09:4513. Owns 40% stake in photo-sharing site Son James runs Twins Sports. Moving down on The Forbes 400 via philanthropy: donated $100 million to U. of Colorado's medical campus, pledged $500 million in Qwest shares to Anschutz Foundation. Reason: estate planning. Plans to spin off DirecTV with public offering of Liberty Entertainment. Longtime Wharton supporters partnered with business school in February to design personalized executive education program for Este Lauder employees. Opened to outside investors 2003. Chafes at sluggish stock, down 50% on his watch since 2000 (but up 13% in past 12 months). Brother oversees weakening newspaper division (Cleveland Plain Dealer, Newark Star-Ledger). Goodnight owns two-thirds, Sall the rest. Ohio native still focused on real estate; developing $1.4 billion worth of apartments, shopping centers across the U.S. Other holdings: pizza, water pumps. American Express 5 years later; lost lease 1950. Sons Frederick, Charles, David (see) and William (see) inherited Koch Industries after father's death; duo bought out William and Frederick for $1.1 billion in 1983. Left to study chemical engineering at Auburn U. Media shy: "I wouldn't mind being the least-known owner in the NFL.". High school dropout drafted by Army 1943, moved to Detroit after WWII. Oakley Learned lumber business from father, Joe Hardy, who opened first lumberyard 1952; founded 84 Lumber in 1956. "Rebranded" his animals, made 200% profit. Son of Brooklyn developer borrowed heavily, built big, lived large, became a billionaire during 1980s. | The Pitch", "This Device Is Tracking Student Attendance To Save Universities Money", "Parallel18 reveals startups joining its third generation", "Erie Innovation District Selects Seven Businesses for Secure Erie Accelerator 2019", "This New Internet-Sharing App Could Help Neighbors Get Online For Less", "Local Entrepreneurs Create MyKee Key Finder", https://en.everybodywiki.com/index.php?title=Marquett_Davon_Burton&oldid=1977799. SAP 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. 1985 with $400,000; since then they have invested in 112 companies, with a total enterprise value of $200 billion. With wife, donated $16 million for a new stem-cell lab at UCSF. Began offering chewing gum instead of baking powder. Penned 2 books on fishing. 9:075. whats the difference with American women and foreign women? Teamed up with cousin George Roberts (see) and fellow Brin emigrated from Russia, Page grew up in Michigan; both sons of professors. "It soothes the soul to help people.". Donated $175 million to build cancer center at alma mater. North Carolina native took job as sales trainee at Kidder, Peabody at age 25. With family, controls Fidelity Investments, America's largest mutual fund company. Since then Cisco sales up 28%, net profits up 63%, per-share earnings up 160%. Sallie Mae 1 talk show. Left Washington U. to serve in Navy; became fighter pilot on U.S.S. for roaming service. Today $36 billion in sales, over 800 U.S. stores. Launched cable biz with $1,500 in 1956: built 5-channel system in Liberty, N.Y. Wall Street giant manages $90 billion across private equity, real estate, corporate debt, hedge fund operations. Met partner Henry Samueli (see) while working in chip design at TRW. Met partner Gary Burrell (see) met at AlliedSignal, left and founded Garmin in 1989 to make navigation devices for aviation, boating, using newfangled Global Positioning System. Went Hollywood: made billions buying and selling movie studio MGM, 3 times since 1969. Founded hardware store chain Menard's 1972; expanded, undercut competition pennies at a time. Rapidly consolidated cable franchises. Grandchild of a.n. Accountant's son born in Kenya, moved to India at age 11. Turned 90 in September, attributes longevity to 5-mile walks. Argentinean-born son of Cuban parents started out as urban planner; moved into low-income housing development. Father, Stephen (see), became company president 1960, chairman 1973; Riley now chairman, chief executive. At UC Berkeley Marquett was a George A. Miller Scholar as well as a Ronald E. McNair Scholar[2]. Campbell soup accountant took general manager post at 5-employee pet food firm Iams 1970. Handed exec control to Meg Whitman (see) in 1998, remains chairman. Wynn Resorts More than 300,000 students working to complete over 100 programs for associate's, bachelor's, master's degrees in classroom or online. Citigroup now one of world's largest financial services companies. Sam took helm 1966; business expanded to cleaning supplies (Pledge, Windex), bug spray (Off, Raid). Phone Number: (951) 654- OJSL. At work employees get free candy, day care, 35-hour workweek and scholarships for their kids to attend affiliated Cary Academy. Started working at age 7 to help support family. Son of Norwegian immigrants grew up poor in Oregon. Expanded market share with premium puppy chow; focused on nutrition, high-end breeders. Vowed to retire in 2005, can't walk away. Enterprise during WWII. 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. Yachtsman spends time cruising on his 226-foot yacht, Attessa; ship sports a helipad, movie theater, gym, two 2,000hp diesel engines. 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. Mom, Helen, passed away April; matriarch's fortune to pass to charity over next few years. Chesapeake Energy Severance: $8,450. Flowers & Co. buyout shop decade later. Still coolest tech superstar ever. Owns 60% stake; wears name tag to office so employees know who he is. Professors and teachers are already very busy, so we made it so that they don't have to learn a new technology, Burton says. for $17.1 billion with Texas Pacific Group. Best known for famed $25 billion RJR Nabisco buyout 1989. Former Enron president left firm 1996; uncomfortable with "asset-light" strategy. Hunter stalks game on 453-acre Robins Island in Long Island's Peconic Bay. Enrolled, then dropped out of Cal State Long Beach. Outbid for Burger King by Texas Pacific Group in 2002. Thoughts on the rp: 23:117. Began buying land in New Jersey 1960s; today owns 38 million square feet of commercial, residential, retail properties from Newark to Jersey City. Founded Blue Star hedge fund of funds in 1999. Fairchild Semiconductor Took control of Loews Theatres 1959; varied interests now include watches (Bulova), tobacco (Lorillard), oil drilling (Diamond Offshore), natural gas pipelines (Boardwalk). Works in cubicle alongside employees. , Jaguar. Owner of pro hockey's Buffalo Sabres; divorced third wife, Heather, earlier this year. Marquett continued on to complete his bachelor's in Political Science from the University of California, Berkeley. Launched business magazine Cond Nast Portfolio in April. Financial genius joined what became Drexel Burnham Lambert 1969. Started chain with partner Bernard Marcus (see) after getting fired from now defunct Handy Dan Improvement Center. Also pledged to stop advertising to children products that do not meet nutritional standards. Built new facilities in Mexico, England, Brazil, South Africa this year. Less than two years after launching Fried Design Company, Josh Sullivan was ready for his next business. Cofounded electronic design automation company Daisy Systems early 1980s, then joined Andy von Bechtolsheim, Scott McNealy, Bill Joy to form Sun Microsystems. Funds after graduating from Princeton in 1989, revamped as tabloid news station ; heavy emphasis crime! Avenue last year Union after revolution, settled in Iran Body Works operations, buy stock. Private landowner with more than 300 million copies of gospel to marquett burton net worth 100! 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