David: ran as vice presidential candidate on the Libertarian Party ticket in 1980. Searching for more universities that will do the same; several have turned him down because of his strict rules as to how funds should be used. 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. , Honeywell, Intel. Marquett L Burton, Age 35. aka Marquett D Burton, Marquette Davon Burton, Burton Marquette. Founded Dolby Labs in London 1965, relocated to San Francisco 1975. Detroit native dropped out of Stanford M.B.A. program to join former Harvard classmate Gates (see) in 1980. High-tech hitmaker and startup addict: Native Nebraskan ran discount stock brokerage. Bought by ; owns 90% stake in the publicly traded holding company that controls casinos, real estate, home fashion. Stakes include Pathmark (grocery stores), Allied Holdings (trucking), Sean John (clothing). Began research in hi-fi sound. Met partner Jerry Yang (see) as Stanford grad student, veered off Ph.D. path to form new portal; took Yahoo public 1996. Started Oracle in 1977. Democratic donor supporting Hillary Clinton's presidential bid. Founded pilot training academy FlightSafety International 1951. Merrill Lynch Brin serves as president of technology, Page heads product division. Donates 5% of pretax earnings to charitable causes. Created joint venture with chic hotelier Ian Schrager to develop line of hip boutique Marriotts; planning kid-friendly hotels with Nickelodeon. Cofounded Columbia Hospital Corp. 1987, merged with Tom Frist's (see) Hospital Corporation of America 1994. Sam began retail career 1940 making $75 a month as J.C. Penney clerk. Studied electrical engineering at Rice U., then Harvard M.B.A. Electronic Arts Now third-largest home improvement firm in U.S. behind High school dropout became 3-term governor of Ohio; Democratic presidential nominee in 1920 with FDR as his running mate. Today Jackson Family Wines produces 5.2 million cases on 14,000 planted acres. Also supports entrepreneurship through Dayton business center Aileron, single mothers through Dayton-area program The Glen. Bought stake in 19-store video rental chain Spent 3 decades in Hollywood then quit News Corp. 1992 to be owner, not employee. Media to buyout firms KKR and Permira for $4 billion, over double the $1.7 billion he and partners had paid for it in 2003. Fairchild Semiconductor Duo parted ways in 2000. The Oprah Winfrey Show launched nationally 1986; currently airs in 135 countries, drawing 46 million viewers a week in the U.S. Also launched showboating shrink Dr. Phil; a producer of the musical version of The Color Purple on Broadway. Says Buffett: "If we ask Charlie something and he says 'no,' then we put all of our money in it. Childs. Submit feedback for this page. Merged with Combined International in 1982; renamed Opened Ben Franklin 5-and-10 store in Newport, Ark. Spent 4 years in business; sold to Texaco in 1986 for $10 billion. for an estimated $4.2 billion in 2001. Amassed fortune buying and selling broadcast, cellular properties. 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. Partner John Tu (see): family fled China for Taiwan 1949, later moved to Germany where he studied electrical engineering. 1,859. Rebuilt fortune after 1990s real estate collapse via private equity firm Walton Street Capital. As a University of CaliforniaBerkley graduate, Burton remembered his owncollege experience and saw the correlation between a students attendance and his success. OJ Paranone used to pay about $150 a month for his cable internet, phone and TV package. Studied French literature at U. of Pennsylvania. Christy: widow of John Walton (d. 2005) supports school choice programs for underprivileged kids. Developed Java technology at Son of a lawyer grew up in Omaha reading medical journals, Ben Franklin aphorisms. Borrowed $1,800 to buy diner, flipped for tiny profit. Smart market timer: sold most of his EMC stake in tech boom, quit as chairman in 2001. 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. 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. Donated $750,000 to Veterans Outreach Center in honor of brother Charles, who died in Korean War. Negotiations with bankrupt auto parts company Delphi Corp. continue; seeking bigger stake in company in exchange for advice, much-needed cash. After bosses at San Jose State U. turned down proposal for his adult education program, John, humanities professor with Ph.D. from Cambridge, left to start for-profit University of Phoenix 1976. Acquired online ad shop Aquantive in May for $6 billion in cash (20% of bankroll). Shares soared 145% in past year. With Today owns 15.5 million SPG shares worth $1.5 billion. Widow of Samuel Curtis Johnson (d. 2004), great-grandson of salesman who founded floor wax company 1886. Expanded into gambling: opened $380 million casino resort in French Lick, Ind. Became president of company 1978; now chairman. Borrowed $300 from wife, founded real estate developer Lerner Enterprises in 1952. Today owns 7 office buildings in Manhattan; 1-million-square-foot office tower in downtown undergoing extensive renovations. Dynastic carve-up supposed to be completed in 4 years, will likely include sales or public offerings of both Hyatt and Marmon. 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). Sports fanatic tried out for 1964 U.S. Olympic hockey team; owns Triple-A Buffalo Bisons. Today owns 3 million shares. Today serves on boards of Teva, American Stock Exchange, Smithsonian. Opened car stereo store 1966. Built portfolio erecting campuses for tech titans Apple and Money now reinvested in oil, real estate, more car dealerships. Submit feedback for this page. Bancroft family (and Dow Jones execs) succumbed after flirting with 21 other possible suitors; there were no takers. Retired 1998, still chairman Follow. Father, Sidney, ran family's shoemaking operation, invested in Florida real estate. Private investment arm, Shamrock Holdings, invests in hotels, entertainment, Israeli insurance companies. Marquett L Burton, Age 35. aka Marquett D Burton, Marquette Davon Burton, Burton Marquette. Limited Brands Became chief executive 1979. rose to 4th-biggest player, shipped in Holstein-cow-patterned boxes in homage to origins. Days as world's richest man may be over; Mexican Carlos Slim Hel also worth $59 billion. Fund up 150% in 2003; believed to have averaged 30% returns net of fees since inception. . Also owns stake in money management firm Fremont Group. Former MIT professor got rich on wireless patents. "It soothes the soul to help people.". Child of Samuel Curtis Johnson (d. 2004), great-grandson of salesman who founded floor wax company 1886. Former Amkor general counsel awaits trial on insider trading charges. One of the Traitorous Eight cofounded 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. 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. Merged with Richard Rainwater's (see) Columbia Hospital Corp., stepped down 1994. San Francisco socialite composes operas; latest, PlumpJack, was inspired by Falstaff, the spirited knight in Shakespeare's Henry IV plays. Previous net worth estimates failed to account for value of Oprah's powerful brand. Last year returned 16.7% after fees (25% of profits, 3% of assets). Grandchild of a.n. Founded Gores Technology Group buyout firm 1987 after selling computers out of his father's basement. Qualcomm Offered 50% stake of Newport News newspaper if he halted broadsheet's losses within a year; succeeded. Delegated day-to-day operations to others to focus on medical research; D.E. Family fled Nazi Germany 1938, settled in Oklahoma. Iranian immigrant got electrical engineering degree at San Jose State, did short stint at Hewlett-Packard. Moved to energy: struck gas in first 13 wells drilled 1970s. Filed to go public earlier this summer. With partners bought real estate developer Irvine Co. for $337 million 1977. 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. Practiced bankruptcy law in Dallas, left to invest in oil and gas 1984. WebMarquett Burton embodies the high-value life. Left to start hedge fund Appaloosa Management in 1992. Founded Renaissance Technologies 1982. Marquett holds a bachelor's from the University of California at Berkeley as well as a master's degree from the Johns Hopkins University. Sall: soft-spoken statistician heads software development. Left to study chemical engineering at Auburn U. Fourth-generation Wrigley now runs the operation. Told FORBES in February that the Bancrofts wouldn't sell for "5, 10, 20 years. Bank of New York Holds more than 30 patents with other inventors. Quit to form Tiger Management; firm became world's largest hedge fund 1990s. Became partners with dad, ran company's day-to-day operations. Net Worth: $2.2 billion Father, James (Bud) Walton, and his brother Sam ran handful of small 5-and-10 stores in Arkansas and Missouri. Marine in Vietnam, then worked as crop-dusting pilot. Today Carlson Cos. own hotels (Radisson, Country Inns & Suites), restaurants (T.G.I. Left day-to-day operations 2004; remains chairman. Jim: oversees family banking business. Email Address: m GWCP @earthlink.net +1 email. WebNumber of Founded Organizations 1. Would-be rival to to spend $300 million firming up famed ketchup brand; stock up 5% since. 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). Estimated sales: $7 billion. Son Pete ran for U.S. Senate last year; dumped personal $12 million into bid. Mormon missionary in New England, then Upjohn salesman 1946. 
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