Turned small trash-hauling operation into waste-management titan WMX. Third-generation leader of engineering behemoth that built the Hoover Dam and Channel Tunnel. Studied engineering at NYU; dropped out to help friend save family's fledgling supermarket business. Borrowed $300 from wife, founded real estate developer Lerner Enterprises in 1952. 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. 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. Expanded into gambling: opened $380 million casino resort in French Lick, Ind. Microsoft cofounder may be one of most hopeful tech investors ever. 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. University of California, Berkeley With family controls Fidelity Investments, America's largest mutual fund company. Owns 60% stake; wears name tag to office so employees know who he is. Today Hearst Corp. controls newspapers (San Francisco Chronicle, Houston Chronicle), magazines (Cosmopolitan, Esquire), cable networks (stakes in ESPN, Lifetime, A&E), TV, radio stations. Formed Also owns stake in Harrah's Entertainment; will reap $300 million when company completes $27.8 billion sale to private equity firms Apollo Management and TPG. Abbott Labs Initially financed by Stanford endowment, angel investors K. Ram Shriram (see), Andy von Bechtolsheim. ; owns 90% stake in the publicly traded holding company that controls casinos, real estate, home fashion. Two nephews now in charge: Howard III runs Mexico operations, Stephen leads Central Market. Donated $60 million to San Diego's Children's Hospital 2006. Harvard M.B.A. held posts at Bought small stake in Arkansas aviation firm. and Equity Lifestyle REITs. Renaming company Icahn Enterprises; shares up 140% over past 12 months. Sales exceed $3.3 billion. Sold to AIG in 1998 for $18 billion; stake worth $3.1 billion today. Cashed out before all of them tumbled in bubble-burst. Husband John once chairman of Sotheby's North America. Son of poor preacher worked at local 5-and-10 store in high school. . Expedia Now Mickey's largest individual holder, 6.7% stake worth $4.6 billion6 times more than the value of his 0.6% bite of Apple. Today Macklowe Properties run with son William. Involved in Middle East diplomacy since 1988. , Wynn Resorts, Goldman Sachs. (financial services). Nearing completion of $1.8 billion Palazzo resort next to nemesis Steve Wynn's (see) Wynn Las Vegas. Son, Andrew, began working for dad "as soon as I could drive"; now chairman and chief executive. The patriarch of cable news is no longer in the media business. William studied engineering at Princeton, then Harvard M.B.A. Duo returned to Hong Kong 1970s. Result: iFlop for Apple TV. Biggest windfall: with Ronald Perelman (see), sold California's Golden State Bancorp to Citigroup for $6 billion in stock 2002. Is dating in America dead or is there hope? Back in the game: new sports agency represents quarterback Troy Smith, last year's Heisman Trophy winner. As of 2021, Afrojack's net worth is estimated to be $60 million. Sales: $3 billion. New Balance Arch Co. founded in 1906 to correct orthopedic foot problems. Fortune dwindling amid bad publicity, legal woes. exec Ronald Garriques to lead company's global expansion, cut 10% of company's workforce, struck deals to sell desktop computers in Acquired online ad shop Aquantive in May for $6 billion in cash (20% of bankroll). Sold for $1.4 billion in 1994, retired to Florida. Boston native cofounded storage titan Sold 28% of company to Goldman Sachs for $138 million 1994; took public 1997. Produced plenty of oil and gas, lots of debt. Flies coach on company time; fly fisherman. The legal saga of the former AIG chairman continues. Rumored to be shopping company to rivals. General Motors UnitedHealth Group Today empire stretches across 34,000 miles of oil and gas pipelines. Marquett Burton Tech Executive Las Vegas, Nevada, United States 3K followers 500+ connections Join to view profile Fletch The Johns Hopkins University Company Website Contact Marquett for. With partners sold off 100 hotels to billionaire media mogul Robert Johnson for $1.7 billion last summer. Staples Other projects: Tacoma Narrows Bridge in Seattle, New Doha International Airport in Qatar. Owns 50,000 bison; restaurant chain, Ted's Montana Grill, serves bison burgers at 51 locations. Sold to Teleglobe for $3.5 billion in 1998 (later sold to VarTec, which went bankrupt in 2004). Yang became chief executive for first time in June. Built brand on groundbreaking loudspeaker design. Went to Wall Street with $4,000 in poker winnings. Anthony: daughter of James M. Cox (d. 1957), newspaper reporter who bought the Dayton Evening News for $26,000 in 1898. Has fun: rock 'n' roll museum in Seattle, basketball's Portland Trail Blazers, football's Seattle Seahawks, 413-foot yacht. Studied physics at UCLA. Bought first patch of real estate at age 20. Owns a Batmobile from Batman Returns. Widow of Samuel Curtis Johnson (d. 2004), great-grandson of salesman who founded floor wax company 1886. 1 of 5 stars 2 of 5 stars 3 of 5 stars 4 of 5 stars 5 of 5 stars. Quit first company, VivoRx, after feuding with investors. Spends spare time writing blog. Paid $80 million for Jasper Johns painting "False Start" last year. Last year raised $5 billion on Amsterdam Stock Exchange for publicly traded limited partnership investing in western Europe. 777 planes. Obsessed with due diligence, patience; disdains excessive executive pay. Wealthy developer's son went to Beverly Hills High School, dropped out of UCLA for job in mailroom at William Morris Agency. Also supports entrepreneurship through Dayton business center Aileron, single mothers through Dayton-area program The Glen. Built riches on a marketing surprise. Owns pro baseball's Washington Nationals; runs franchise with son and 2 sons-in-law, spending millions to develop team's farm system. KP's $12.5 million investment in 2001 now at $12 billion. Marquett holds a bachelor's from the University of California at Berkeley as well as a master's degree from the Johns Hopkins University. Hero of hardware cofounded Home Depot 1978; do-it-yourself giant fired chief executive Robert Nardelli in January amid concerns over stagnant stock price. ). Funds environmental, educational, medical causes. Took over textile firm Berkshire Hathaway 1965. Second wife of publisher Walter Annenberg (d. 2002). Diversified into nondairy coffee creamer, frozen breads, cookies, cakes. Son of lighthouse operator emigrated from Greece as an infant; family settled in upper Manhattan. Environmentalist Sam sent kids to alma mater, Cornell, before joining family business. Former Marine commands real estate empire via Majestic Realty: owns more than 73 million square feet of commercial property from Los Angeles to Atlanta. Grandchild of Homer Stryker (d. 1980), surgeon who invented mobile hospital bed, founded medical supply company Stryker Corp. Cofounded home improvement emporium Home Depot with Arthur Blank (see) in 1978 after being fired from now-defunct Handy Dan. Joined family business 1988, tracked industrial equipment stocks. High school dropout joined Marines in WWII; trained as television repairman on GI Bill. Today Jackson Family Wines produces 5.2 million cases on 14,000 planted acres. Still plays large role in strategy. Emphasizes saving: "There are 7 wonders of the world, but the eighth wonder is compounded interest." Sister, Eleanor, involved with children's charities. Partnered with school friend, now billionaire, Victor Vekselberg, and later Mikhail Fridman. Took public 30 years later; family still holds 45% of stock. Center in downtown Dallas. Son of Nebraska politician delivered newspapers as a boy. Fletch: an app created for universities to take roll with ease. Food-court pioneer opened first Chick-fil-A at Greenbriar Mall in Atlanta 1967. Alpha dog at Kleiner Perkins Caufield & Byers funded famed tech pups in 1990s Won back his Advanced Bionics from Started chain with partner Bernard Marcus (see) after getting fired from now defunct Handy Dan Improvement Center. Nike Media shy: "I wouldn't mind being the least-known owner in the NFL.". Built barns to pay U. of Wisconsin tuition. San Francisco socialite composes operas; latest, PlumpJack, was inspired by Falstaff, the spirited knight in Shakespeare's Henry IV plays. Last year came allegations he used illicit drugs and prostitutes to lure customers, in lawsuit filed in L.A. County, Calif. court by ex-bodyguard over back pay, recalling a 2002 suit threatened by a contractor who alleged he built secret lairs at Nicholas home in Newport Beach and cited his "manic obsession with prostitutes" and "addiction to cocaine and Ecstasy." Attorney left law in 1957 to join uncle's glass manufacturing business. Personally hands out cash bonuses to all 1,600 employees at Christmas. Big supporter of YMCA, Boy Scouts of America. Began research in hi-fi sound. Funded U. of Michigan's William Davidson Institute; nonprofit group researches emerging market companies. Grandchild of a.n. ; stock up 70% since public offering September 2006. Believed to help generate string of 30% returns for Soros' Quantum Fund. Brother Howard runs family foundation. Because of his dedication, he has achieved great achievements. Still owns timberland, development properties in Palm Desert; writes songs for own record label, distributed by Warner Bros. May soon fall from The Forbes 400: divorcing wife of 25 years, Edra; once finalized, she could receive as much as half of his fortune. Scored big with simple philosophy: "Buy term and invest the difference." Father, Perry (d. 2006), inherited family fortune created by oil baron uncle Sid Richardson 1959. Public 1968, bought it back via leveraged buyout 17 years later. Public 1997; dominated market with Niaspan, which raises good cholesterol. He began his teaching career at Booker T. Washington Middle School where he taught 6th . Expanded into catheters, balloons, stents. 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. Past Addresses: San Jacinto CA, Pikesville MD +3 more. Southern Methodist U. alum donated $20 million in 1997 to build new football venue; SMU Mustangs now play at Ford Stadium. Duo parted ways in 2000. Today Olen Properties owns 6.4 million square feet of commercial space and 11,800 residential units in L.A., Las Vegas and Florida. With brother Samuel Newhourse Jr. (see) took over after father's death in 1979; expanded, diversified. in 2001 for $3.5 billion. . Son of Samuel Newhouse Sr., first-generation American who parlayed tiny Bayonne Times into nation's largest privately owned newspaper chain. David: former chairman of Chase Manhattan Bank. Now runs oil drilling outfit Chief Operating. Enrolled, then dropped out of Cal State Long Beach. As per his personal life, the hunk is possibly single and unmarried. Norman, now 53, quit 1991 as Dell (see) direct-mail biz forced Gateway job cuts, store closings; fell off The Forbes 400. Requested Pardoned by President Clinton 2001. | 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. Devout Christian sponsors sons' nationally competitive basketball teams; provides jerseys, equipment, rides on his private jet to tournaments. Footing most of the bill for new $800 million Yankee Stadium in the Bronx. Tribune Collection of European cars was on display at Museum of Fine Arts in Boston: Bugatti, Bentley, Alfa Romeo, Ferrari, AT&T Now competing with Nike, expanding into sportswear, shoes. stock to charity in July. Cadbury Schweppes Family contributions to NYU exceed $100 million. Today owns 3 million shares. Son of a lawyer grew up in Omaha reading medical journals, Ben Franklin aphorisms. Expanded; launched Limited Express 1980, bought Victoria's Secret 2 years later for $1 million. Horse racer seeking first Kentucky Derby win. Gets Tinseltown takedown when he tries to muscle Hollywood as he did music biz; NBC Universal pulls shows from iTunes. Now third-largest home improvement firm in U.S. behind ), food (Dairy Queen, See's Candies). Restated earnings, cutting 2006 profits $2.2 billion, to $3.7 billion, for 7 years of shenanigans. Wears blue jeans, drives Chevy pick-up. Rose from elevator operator to president; became chairman 1979. Black-clad digi-god suddenly a Dark Angel falling to earth. Bought company 1970s; founded wood and paper trader International Forest Products later in 1972. Later managed NYC's Drake, Belmont Plaza, Regency. With brother William heads Li & Fung, global outsourcing firm that supplies clothes and accessories to retailers such as Disney, Coca-Cola, Ridiculous compensation: Speedway granted Smith a $1.5 million bonus in part for repaying the millions of dollars in loans he owed the company. for an astounding $58 billion 3 years later5 times the old price even though he had only increased firm's subscriber base 30% to 5.5 million homes. Stopped $6 billion takeover bid by rival E-Trade in summer 2005; bought TD Waterhouse for $1.7 billion a few months later. Mom, Helen, passed away April; matriarch's fortune to pass to charity over next few years. Boston Properties Swimmer, serves on board of American Museum of Natural History in New York City. What are three things a young man should focus on 1:09:4513. "Accidental entrepreneur" studied chemistry at UC, Berkeley, got Ph.D. from Caltech. Started DreamWorks with partners Jeffrey Katzenberg, Steven Spielberg (see) 1995. "A total accident. Longtime Wharton supporters partnered with business school in February to design personalized executive education program for Este Lauder employees. Other hits: Burger King, J. 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. Best known for famed $25 billion RJR Nabisco buyout 1989. Zealous chief navigates Microsoft's midlife crisis. Agreed to sell company to Italian rival Public 1986; stock up 415% since 2002. "I read the entire history of the entertainment business." Turned 90 in September, attributes longevity to 5-mile walks. With brothers Robert and Daniel (see both) reinvests proceeds via Ziff Brothers Investments: hedge funds, corporate debt, equities. Other projects: Tacoma Narrows Bridge in Seattle; New Doha International Airport in Qatar. Today serves 3 million customers; sales nearly $6 billion. Cabdriver's son borrowed $200 from uncle to sell newspapers at age 12. In 31 years firm has invested in 150 companies; total transaction cost exceeds $280 billion. Increased demand for prime office space, rising rents pushing up profits as tech companies expand. This year took company private for $22 billion with management and investors; deal backed by Goldman Sachs and Fayez Sarofim (see). Holiday hit with Dreamgirls; says he is done with movies. Developed Yellowstone Club: 13,400-acre resort with private ski mountain, golf course. Longtime critic of efforts to repeal estate tax; says wealth should not pass exclusively to members of "lucky sperm club." Once finalized, Patricia Disney will likely receive half of Roy's fortune. point boro shore conference point boro shore conference. Enjoys badminton. Early riser drives himself to work, arrives at 5 a.m.; eats meals in company cafeteria. Marquett Burton Tech Executive Published Feb 5, 2018 . 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