Auto mechanic's son dropped out of law school to sell cars in 1950, owned 1st dealership by age 25. 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. 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. St. Paul, Minn. native took first job at age 8 working in father's garment shop. . Conseco Son Paul runs company. Business lagged early 1990s; ditched frozen cheese, refurbished stores. At work employees get free candy, day care, 35-hour workweek and scholarships for their kids to attend affiliated Cary Academy. , took public 1995. 1976. 4:513. Added TV 1948. Other investments: Nike Opened to outside investors 2003. Detroit native dropped out of Stanford M.B.A. program to join former Harvard classmate Gates (see) in 1980. Last summer irrevocably earmarked the majority of his Berkshire shares to charity, mostly to the Bill & Melinda Gates Foundation. Joined father's Cleveland firm Kinsman Marine Transit in 1957. Secretive; believed to be giving portions of fortune to children. The Black Box went #1 in Teen & Young Adult Biography Books as well as Boys & Men Issues. . Duo are equal partners in TPG. Art collector founded 13,000-square-foot museum devoted to Georgia O'Keeffe 1997; houses 1,149 paintings, drawings, sculptures. Studied harpsichord at Juilliard. Grandson of visionary oil baron John D. Rockefeller focusing on where his fortune will go after he is gone. Since then Cisco sales up 28%, net profits up 63%, per-share earnings up 160%. End Date . Built publicly traded holding company Valhi with hostile takeovers. Agreed to sell company to Italian rival 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. Became chairman of powerful Real Estate Board of New York in January. U. of Michigan dropout made first fortune in shopping malls. Mulling chance to sell shares on a private Goldman Sachs exchange, extract more cash. Aging, active baby boomers boosting bottom line: net profits soared 21% to $778 million in 2006. Took public in 1986, a day before Microsoft. Son Christopher, 40, now father's heir apparent. Favorite piece: Jeff Koons' "Balloon Dog." Today owns, manages 22 companies with combined sales exceeding $8 billion. That's for my heirs to worry about.". Ratted out by fellow arbitrager Ivan Boesky; plead guilty to 6 counts of securities fraud 1990. Sold to Yahoo in 1999 for $5.7 billion; company isn't visible today. Son of J.W. 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. InterActiveCorp Stumbling online: nearly all Cond Nast Web sites used mainly to sell subscriptions, deliver magazine content. Earned $550 million in salary and bonus in 1986. Operations now controlled through holding company United National Corp. Became president of Started DreamWorks with partners Jeffrey Katzenberg, Steven Spielberg (see) 1995. Creator of original chicken sandwich fired up first grill 1946. U. of Chicago grad personally purchased Fast Company and Inc. magazines from Gruner & Jahr for $35 million 2 years ago. 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. rose to 4th-biggest player, shipped in Holstein-cow-patterned boxes in homage to origins. Parted ways with head coach Bill Parcells last year. Quit to form Tiger Management; firm became world's largest hedge fund 1990s. Part owner of Pebble Beach golf course. Sold in 2005 to Investing in technology that removes carbon dioxide from coal-burning plants, cancer research. Founded Kohlberg & Co. 1987. from fast-food container supplier into nation's largest private chemical company via acquisitions. Involved in Middle East diplomacy since 1988. In 2015, Marquett landed in Forbes Magazine Burton with the launch of the WiNot app, which empowered those in apartments to monetize their wifi by sharing it with their neighbors. Cabdriver's son borrowed $200 from uncle to sell newspapers at age 12. Partnership continues via Perez's condo and hotel projects in Latin America. Expanded; launched Limited Express 1980, bought Victoria's Secret 2 years later for $1 million. With about half of America's college students dropping out, Burton launched the Fletch App to reduce college dropout rates[4][5]. Deonte Burton's Net Worth and Salary As of 2019, Deonte Burton has an estimated net worth of over $100,000. Sales approaching $12 billion. In August voters rejected a Kansas bill that would have allowed him to install slot machines at his Wichita Greyhound Park. Expanded into TV, movies with Viacom. Public 1997; dominated market with Niaspan, which raises good cholesterol. Extending ad business into TV, cell phones, various online venues; bought Web video portal YouTube for $1.65 billion last year; recently partnered with EchoStar, LG Electronics, Salesforce.com. Iranian immigrant got electrical engineering degree at San Jose State, did short stint at Hewlett-Packard. Owns stake in private jet maker Aerion; expanding freight outfit Cargo 360 with $1.4 billion order for 6 Sales: $2 billion. Patent fees are now 84% of profits. Marquett is the CEO of FletchApp.com, the world's first effortless attendance technology. Bought rival Shurgard for $5.5 billion in 2005. Sales exceed $20 billion; company booked $25 billion in new contracts last year. Union Pacific 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. Dartmouth grad earned law degree from Southern Methodist U. in 1986. Took control of Loews Theatres 1959; varied interests now include watches (Bulova), tobacco (Lorillard), oil drilling (Diamond Offshore), natural gas pipelines (Boardwalk). Expanded into commercial real estate 1960s. , Shell; added Terasen for $5.6 billion 2005. Emphasizes saving: "There are 7 wonders of the world, but the eighth wonder is compounded interest." executes over 280,000 transactions a day, managing 6.3 million accounts. Edit Jobs Section. Powered by a long-range Bluetooth device in each classroom, the Fletch app on the student's phone sends a signal to the device when they have entered the room and updates attendance records in programs like Blackboard and Canvas. Host Hotels & Resorts Latest project: ReelzChannel, movie info and trivia channel. Ted turned to hedge funds, real estate via Avalon Capital. Son James, 34, runs BSkyB in U.K.; son Lachlan, 36, who quit in 2005 and stayed onboard, could yet return. Money now reinvested in oil, real estate, more car dealerships. Became Bechtel president 1960; chairman 1973. Public 1983; sold to American International Group 7 years later for stock. Created firm in 1981 to sell financial data, analytic tools to Wall Street. Kept 7 acres for condos. "What can I say? Jim: oversees family banking business. What investments should a high value man make 1:14:1715. Owns pro basketball's Miami Heat. Environmentalist Sam sent kids to alma mater, Cornell, before joining family business. Once finalized, Patricia Disney will likely receive half of Roy's fortune. Craig, at age 19, finds father dead of a heart attack, watches as dad's partners try to grab family business. Sold minority stake in Hyatt to private equity firm Madrone Capital (owned by the Walton heirs) and Goldman Sachs for $1 billion in August. Private investment arm, Shamrock Holdings, invests in hotels, entertainment, Israeli insurance companies. Emigrated from Korea to U.S. 1955, started Amkor Electronics 1968 as U.S. sales and design partner of father H.S. Keeps aviation skills honed flying his Marchetti jets. Company now peddles 27 brands, including Clinique, Aveda, Bobbi Brown, La Mer. ", With partner Sergey Brin (see), Google Guy cracks the top 10 of the Forbes 400; both were worth a mere $4 billion in 2004. Son, Ross Jr., runs Dallas real estate firm Hillwood. Public 1968, bought it back via leveraged buyout 17 years later. Reinvested in Neoteris (computer security), MyCFO.com (wealth management), Hyperion Development Group (Miami real estate). Today privately held Arnel & Affiliates owns, manages 5,200 apartments and 2 million square feet of commercial space. Southern Union 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. Added pacemakers, syringes, ultrasound, penile grafts; now company is the world's largest privately held medical device manufacturer. Pioneered the exclusive selling of term life insurance, sent swarms of sales "termites" out to attack rivals' market share. Sold 1960s; built New York real estate empire with profits. Airplane junkie recently purchased a Falcon 7X jet. Recently renovated the Kennedy Cottage at his San Ysidro Ranch in California; travelers pay $2,990 per night to sleep in cottage occupied by John and Jackie Kennedy on their honeymoon. Left to study chemical engineering at Auburn U. Harvard M.B.A. He has a breadth of experience, spanning non-profit, government and private industry. Food-court pioneer opened first Chick-fil-A at Greenbriar Mall in Atlanta 1967. Owns stake in basketball's Seattle Sonics, cattle ranches, feedlot operations. Expanded into gambling: opened $380 million casino resort in French Lick, Ind. In 2014, Marquett Davon Burton invented the world's first effortless attendance technology, called the Fletch App. New concept in home improvement appealed to pro contractors, do-it-yourselfers alike. Father, Sam (d. 1971), founded Distillers Corp. 1924, after emigrating from Russia to Montreal. Studied literature at Middlebury College. Childs. In 2017 The Johns Hopkins University graduation, Burton was recognized as a Distinguished Alumnus of The Johns Hopkins University[3]. Moved to Fremont General for $2.1 billion in June. Rest of Seagram empire snatched up by Vivendi for $34 billion 2000. Collects Aboriginal art. Limited Brands Created joint venture with chic hotelier Ian Schrager to develop line of hip boutique Marriotts; planning kid-friendly hotels with Nickelodeon. private for $9 billion. Donates to doctors looking for cures for prostate and breast cancers, melanoma, Alzheimer's, diabetes, leukemia, AIDS. Company owns ranch land abutting Yellowstone National Park in Montana and Texas. In 2015, Burton volunteered as a speaker in the Irish Impact Social Entrepreneurship Conference. Upon graduating he joined Teach For America's 2009 Baltimore Corp. Buying, drilling natural gas wells; mulling public offering. Hank forced into retirement by his handpicked board in 2005 following an investigation by then N.Y. Attorney General Eliot Spitzer; most of the charges dropped earlier this summer. Expanded into catheters, balloons, stents. Tumbles out of The Forbes 400 Top 10 this year. Today invests via Pilot House Associates; owns $200 million stake in Energy Transfer Equity. Affable buyout maven putting the money men of The Forbes 400 to work. 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. Worked as processing engineer at aluminum company. Aon Corp. Plans to redevelop 98-acre site of a former Israeli immigrant raised in Flint, Mich. First job at GM. Now lords over natural gas transporter Southern Union; with family, owns stake worth $525 million. Australia-born, U.S.-naturalized tabloid titan pays too much, then makes it work. With Stephen Schwarzman and Hamilton James (see both) took their investment house Blackstone public in June; shares down 30% since. Today holds a wide range of investments: restaurants (Ponderosa, Bennigan's, Steak & Ale chains), peanuts. "Mouth of the South" getting richer with real estate, food. Then Lehman. Rose from elevator operator to president; became chairman 1979. Now focusing on higher end of market; selling cast-iron bathtubs, $3,000 sinks. ConocoPhillips Working on 3 videogames for Built Kendall-Jackson into populist wine concern. Sales: $16.3 billion. Opened Ben Franklin 5-and-10 store in Newport, Ark. Flowers & Co. buyout shop decade later. Sorted potatoes, raised hogs, saved up to buy first potato field; became millionaire by 30. Captained 1964 Cotton Bowl-winning University of Arkansas Razorbacks football team. Assets under management: $1.5 trillion. Even Microsoft fails him: stock down 50% since 2000. Best asset: YES Network. Studied math at MIT, then Ph.D. from UC, Berkeley. Wynn Resorts Prefer complex deals others shy away from. Locked out new investors 2000; much of Quantum Endowment Fund's $13 billion in assets are his. Recently pulled out of Iraq after completing $2.3 billion in reconstruction work. Returned to Duquesne Capital, runs No Margin Fund from Pittsburgh. Covered overrun by selling $300 million in real estate. Valuation revised this year to include stunning art collection (Johannes Lingelbach, Rubens). Child of Samuel Curtis Johnson (d. 2004), great-grandson of salesman who founded floor wax company 1886. 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. In interim had second coming at Apple 1996. Studied biophysics. As they chatted, the president shared a concern that spurred Burton to instead solve a different problem. 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. Married former Miss Universe Porntip Nakhirunkanok in 2002. Grew up poor in rural Texas; mother, brother died when he was 7. Shares up 38% in past year. Spent 4 years in business; sold to Texaco in 1986 for $10 billion. Trio made first fortune merging Tyumen Oil Company and Price tag: $5 billion (over 90% cash) plus $600 million in assumed debt. Wisconsin native dropped out of high school; later joined family roofing business. Early riser drives himself to work, arrives at 5 a.m.; eats meals in company cafeteria. Studied voice in teens, later dropped out of City College in New York City to become court reporter. Spent much of past few years buying up competitors; now investing internally. Joined UCLA faculty 1980, launched research leading to first human islet cell transplant. Based franchise on Ray Kroc's With father founded Hospital Corp. of America 1968; took public 1969. 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. Founded Mesa Petroleum 1956 with $2,500. Back to Vegas: nabbed Steve Wynn's (see) Mirage Resorts for $6.4 billion 2000, then Mandalay Bay Resorts for $7.9 billion 4 years later. Chris Marquette Net Worth $3 million ). Tried to purchase company via leveraged buyout; failed, was fired. , Richard retired 1993; second generation now at helm. Today serves 3 million customers; sales nearly $6 billion. Fisk: S.C. Johnson chairman has Ph.D. in physics, M.B.A.; working in Kenya, India to establish sustainable, community-based businesses. Mom, Helen, passed away April; matriarch's fortune to pass to charity over next few years. Pushes patience: "Great things in this business don't happen overnight." This article "Marquett Davon Burton" is from Wikipedia. Devout Christian sponsors sons' nationally competitive basketball teams; provides jerseys, equipment, rides on his private jet to tournaments. Sold just under 10% stake to Chinese government weeks before the offering. Bolted when plans faltered 1997; launched Marsico Capital later that year. Worth the price: a $2.5 million investment in his funds in 1990 would be worth $1 billion today. Today firm's private equity, hedge fund, real estate operations manage $43 billion. Brin emigrated from Russia, Page grew up in Michigan; both sons of professors. Broadcom Still owns 4.8 million shares worth $180 million. British Petroleum Unilever Art collector owns works by Picasso, Matisse and Renoir. Opened car stereo store 1966. The solution? John closed pet-cloning business: "Not commercially viable.". Sold minority stake in Hyatt to private equity firm Madrone Capital (owned by the Walton heirs) and Goldman Sachs for $1 billion in August. Sales: $4.7 billion. Immigrated to U.S. at age 15 with $800. 1982; Netscape 1994; Healtheon (now Lear 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 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. PepsiCo what happened to archie in monarch of the glen; funeral poem our father kept a garden. , launched natural gas processing hub and pipeline in Gulf of Mexico earlier this year. Revenue: $1.8 billion. Enjoys badminton. Donated $23 million to alma mater USC last year to fund fine arts school; serves on board of National Geographic Society. New rival to business network CNBC debuts Oct. 15. Three mistakes that make them less successful 1:14:3916. 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