Richest Billionaires | Celebrity Net Worth https://www.celebritynetworth.com/category/richest-businessmen/richest-billionaires/ Richest Rappers, Celebrity Houses and Salary Fri, 11 Aug 2023 16:18:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 Shin Dong-Joo Net Worth https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/shin-dong-joo-net-worth/ https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/shin-dong-joo-net-worth/#respond Thu, 10 Aug 2023 17:38:50 +0000 https://www.celebritynetworth.com/?p=45810 Shin Dong-Joo net worth: Shin Dong-Joo is a South Korean businessman who has a net worth of $1.9 billion. Shin Dong-Joo is the eldest son

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What is Shin Dong-Joo's net worth?

Shin Dong-Joo is a South Korean businessman who has a net worth of $800 million. At his peak of power, around 2011, Shin Don-Joo's net worth topped $2 billion. At that level he was one of the richest people in Korea.

Shin Dong-joo (Korean: 신동주; Japanese: 重光昭夫, Shigemitsu Akio) is best known for being the former CEO of the Japanese Lotte Group. He is the eldest son of Shin Kyuk-ho, the founder of Lotte Group. He was ousted from the family business in 2015 by his brother, Shin Dong-Bin after a bitter feud.

Early Life

Shin Dong-joo was born on April 19, 1954, in Tokyo, Japan. He attended Aoyama Gakuin University in Japan, where he studied industrial engineering. After graduating from university, he worked for Mitsubishi Corporation for two years. In 1978, he joined Lotte Group, where he worked in a variety of roles, including as the head of Lotte's U.S. branch.

Lotte Group

In 1987, Shin Dong-joo was appointed CEO of Lotte's Japanese operations. He oversaw a period of rapid growth for the company, and Lotte became one of the largest conglomerates in Japan. Shin Dong-joo was also instrumental in expanding Lotte's operations into China and other Asian countries.

In 2010, Shin Dong-joo's younger brother, Shin Dong-bin, was appointed CEO of Lotte Group. This led to a bitter feud between the two brothers, as they both vied for control of the company. In 2015, Shin Dong-bin was able to oust Shin Dong-joo from his position as CEO of Lotte's Japanese operations.

Shin Dong-joo has since been living in exile in the United States. He has filed a number of lawsuits against his brother and Lotte Group, alleging that he was wrongfully removed from his position as CEO. In 2017, a Seoul court ruled in Shin Dong-joo's favor, ordering Lotte Group to pay him $1.2 billion in damages.

(Photo by Chung Sung-Jun/Getty Images)

Personal Life and Philanthropy

Shin Dong-joo is a controversial figure. He has been accused of being ruthless and authoritarian in his business dealings. However, he is also credited with being a visionary leader who helped to transform Lotte Group into a global conglomerate.

In addition to his business career, Shin Dong-joo has also been active in philanthropy. He is the founder of the Hiroyuki Shigemitsu Foundation, which provides scholarships to students from disadvantaged backgrounds. He is also a member of the World Economic Forum's Young Global Leaders program.

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Alki David Net Worth https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/alki-david-net-worth/ https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/alki-david-net-worth/#comments Wed, 02 Aug 2023 00:29:39 +0000 http://www.celebritynetworth.com/?p=9937 Alki David Net Worth: Alki David is a Nigeria-born Greek billionaire heir who is a member of the prominent Greek Leventis family and who has a net worth of

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What is Alki David's Net Worth?

Alki David is a businessman, entrepreneur, filmmaker, and actor who has a net worth of $50 million.

Alki David founded or co-founded such companies as FilmOn, 9021go, BattleCam, and Independent Models. He also wrote, directed, and starred in the films "The Freediver" and "Fishtales," and appeared in several other films as well as television series. Since 2010, David has been entangled in a series of litigations, including ones alleging broadcast copyright violations, sexual assault, and fraud.

Former Billionaire Status

For many years Alki David was referred to as a "billionaire" by many reputable outlets. According to David himself, he and a PR person fabricated his billionaire status to increase his profile. The PR person "put me out as a billionaire who was going to buy a soccer team in England called Coventry, and that became big news."

In 2007 The Sunday Times included Alki on its annual "Rich List" with a net worth of $4 billion (more than $10 billion in today's dollars).

In an interview with the Daily Beast in 2021, David said that he was completely empty of cash resources and that his prior claims of being a billionaire were totally fabricated. Around the time of the interview, he was facing $80 million in legal judgements.

Beverly Hills Mansion

In 2010 David paid $16.5 million for a 16,000 square foot mansion in Beverly Hills. He sold this home in January 2017 for $20.4 million.

Early Life and Education

Alkiviades David was born in May 1968 in Lagos, Nigeria to a trading and shipping family of Greek-Cypriot descent. The family business, the Leventis-David Group, owns Coca-Cola bottling plants in multiple countries. Because of this, David spent his childhood in various countries throughout Europe, and went to high school in Switzerland. For his higher education, he attended Bennington College in Vermont and then the Royal College of Art in London.

Business Career

David has founded or co-founded a number of companies over the years. In 1998, with Duncan Heath, he co-founded Independent Models, a London-based modeling agency that included in its roster Danish model Helena Christensen. Later, in 2009, David launched the Internet-based television provider FilmOn, a subscription service that allows remote computer and mobile viewing of local television stations. The service is an extension of his production and international sales company 111 Pictures, which he co-founded with film producer Elliott Kastner. Among David's other ventures is BattleCam.com, a peer-to-peer video streaming site that features pay-per-view tournaments related to MMA, gaming, and comedy. Elsewhere on the web, he launched the home-shopping site 9021go.com in 2011.

Film and Television

David has been involved in film and television in multiple roles, including as an actor, writer, director, producer, and editor. He made his debut in 2004 with the British film "The Freediver," which he wrote, directed, and starred in. Other cast members include Adam Baldwin, Dominique Swain, and Judd Nelson. Also in 2004, David appeared in an episode of the television drama "The Grid." The next year, he appeared in the film "Opa!" and in an episode of the British spy drama television series "Spooks."

In 2006, David played Mr. Pappas in an episode of the British series "Hotel Babylon," based on the book of the same name. He subsequently appeared in the 2007 direct-to-DVD action thriller "Flight of Fury," starring Steven Seagal. The same year, David co-directed, co-wrote, edited, and acted in the family comedy film "Fishtales," starring Billy Zane and Kelly Brook. His other film credits include the heist thriller "The Bank Job" and the action comedy "Bob Thunder: Internet Assassin." Meanwhile, on television, David appeared in episodes of the British police procedurals "Trial & Retribution" and "Waking the Dead" in 2009.

Alki David net worth

LONDON – FEBRUARY 18: Actor Alki David arrives at the 'The Bank Job' world premiere at the Odeon West End on February 18, 2008 in London, England. (Photo by Gareth Cattermole/Getty Images)

Legal Problems

David has long been embroiled in legal problems related both to his businesses and his personal behavior. In 2010, he was issued a restraining order by CBS, NBC, ABC, and Fox due to his unlicensed use of their broadcast signals on his Internet streaming service FilmOn. David filed a countersuit against the four networks in mid-2013 claiming that offering Internet technology for the reception of over-the-air broadcasts at no cost did not violate the networks' copyrights.

David got into more serious legal trouble in 2019 when he was ordered to pay $11 million in damages to a woman who accused him of sexual assault. This included $8 million in punitive damages and $3 million in compensatory damages. Also in 2019, David was ordered to pay $100,000 in fines to the SEC for engaging in a fraudulent scheme related to his Hologram Theatre in Hollywood. Moreover, he was prohibited from being an officer in a publicly held company for five years.

He has also alleged that the California court system is part of a corrupt conspiracy against him, and as such has refused to obey his court-ordered payments and appearances. David was reported to be suffering from severe mental health issues because of his legal problems, and was being considered for a possible conservatorship.

Personal Life

David has been wed multiple times. From his first marriage, he has two sons named Andrew and Alexander. David was married to his second wife, Emma McAllister, from 2007 until 2009. He got betrothed to his third wife, swimsuit designer and former model Jennifer Stano, in 2011.

In 2010, David bought a 16,200-square-foot mansion in Beverly Hills for $16.5 million. He also has residences in Greece, Switzerland, and the United Kingdom.

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Craig McCaw Net Worth https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/craig-mccaw-net-worth/ https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/craig-mccaw-net-worth/#respond Mon, 31 Jul 2023 22:40:26 +0000 https://www.celebritynetworth.com/?p=39529 Craig McCaw net worth: Craig McCaw is an American businessman who has a net worth of $2 billion. For most of his adult life, Craig McCaw has been one of the richest residents of the state of Washington.

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What is Craig McCaw's net worth?

Craig McCaw is an American businessman who has a net worth of $2 billion. For most of his adult life, Craig McCaw has been one of the richest residents of the state of Washington.

After graduating from Stanford, McCaw returned to Seattle and joined his father's business. He quickly became interested in the emerging cellular phone industry. In 1974, he founded McCaw Cellular, which became the largest cellular phone company in the United States.

McCaw was a visionary leader in the cellular phone industry. He saw the potential of cellular phones long before most people did. He was also a brilliant businessman. He was able to acquire spectrum licenses and build a nationwide network of cellular phone towers. In 1994, McCaw Cellular was sold to AT&T for $12.6 billion. McCaw became a billionaire overnight. He also founded the Clearview Corporation, a national broadband company, in 2004.

Craig and Wendy McCaw had one of the most expensive divorces ever when after she agreed to pay her a $460 million settlement after they divorced in 1997.

Early Life

Craig McCaw was born on August 11, 1949, in Centralia, Washington. He was the second of four boys in his family. His father, Bill McCaw, was a successful businessman who owned a chain of radio and television stations. His mother, Virginia, was a homemaker.

McCaw was a bright child, but he struggled in school. He was diagnosed with dyslexia at a young age, which made it difficult for him to read and write. However, he was a hard worker and he eventually overcame his learning disability.

After graduating from high school, McCaw attended Stanford University, where he studied history. He graduated in 1973.

McCaw Cellular

In the early 1980s, Craig McCaw foresaw the future potential of cellular telephony, deciding to transform the family's struggling cable business into a cellular phone venture. Leveraging emerging technologies and with a keen eye for consolidation opportunities, McCaw Cellular began buying up small, financially distressed cable operators and FCC cellular licenses. This strategic expansion made McCaw Cellular the largest cellular operator in the US. In 1994, McCaw made a move that shocked the industry when he sold McCaw Cellular to AT&T for a staggering $12.6 billion.

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Clearwire Corporation

Not one to rest on his laurels, McCaw embarked on another telecommunications venture, founding Clearwire Corporation in 2003. Clearwire was conceived as a provider of wireless broadband services, focusing particularly on WiMAX technology. Despite early promise and substantial growth, Clearwire faced formidable challenges in the highly competitive market. The company was eventually sold to Sprint Nextel in 2013.

Free Willy Foundation

Outside his commercial ventures, McCaw is a noted philanthropist. Perhaps his most famous charitable endeavor is the Free Willy Foundation, established after the release of the 1993 film "Free Willy". The foundation aimed to release Keiko, the orca that starred in the film, back into the wild. Although the campaign faced challenges, it raised significant public awareness about the welfare of marine life.

Personal Life

McCaw's personal life has been as fascinating as his professional one. He was married to Wendy McCaw, a fellow Stanford alumna, for 21 years before their separation. The couple had a shared interest in entrepreneurship and philanthropy. Following his divorce, McCaw married Susan Rasinski, an accomplished athlete and philanthropist, with whom he shares a passion for environmental conservation.

Divorce Settlement

McCaw's divorce from Wendy was marked by one of the largest settlements in history. The divorce was finalized in 1998, with Wendy receiving assets estimated at over $460 million. The settlement included properties, a newspaper company, and cash, making it one of the most expensive divorces ever at the time.

Ferrari 250 GTO

An avid car enthusiast, McCaw boasts an impressive collection of vintage and luxury vehicles. At one point Craig and his brother Bruce McCaw together owned over 400 cars.

His collection includes a variety of marques and models, from rare classics to contemporary sports cars. Notably, he purchased a 1962 Ferrari 250 GTO for $38.1 million in 2014, setting a record for the most expensive car ever sold at auction. There are only 36 Ferrari 250 GTOs left in the world.

Kenny G Mansion

In 1990, musician Kenny G paid $8.8 million over three separate transactions to acquire what became a 4-acre estate in Hunts Point, Washington. Five years later he completed construction on a 12,200 square foot mansion, which he then listed for sale in 1998 for $26.5 million. A year later Craig bought this property for an undisclosed amount. Craig listed this property for sale in mid-2022 for $85 million. He lowered the price a year later to $70 million.

James Island

In 1994 Craig paid $19 million for a 780-acre private island called James Island located off the coast of Vancouver Island, not far from the city of Victoria. It is the second largest privately-owned island in the area. James Island features an 18-hold Jack Nicklaus golf course in addition to a 5,000 square foot mansion, six guest cottages, an old west town and an airstrip.

Craig bought the island from a developer who had been planning to build 300 homes on the island. McCaw sued the former owner after he was forced to spend several million dollars removing remnants of an active explosives plant that existed on the island from 1913 to 1978. He won a $4 million award. It has also been alleged that James Island was stolen from its native inhabitants in the 1900s.

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James Leprino Net Worth https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/james-leprino-net-worth/ https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/james-leprino-net-worth/#respond Thu, 27 Jul 2023 05:41:55 +0000 https://www.celebritynetworth.com/?p=10474 James Leprino net worth: James Leprino is a Colorado-based businessman who has a net worth of $3 billion. James is the founder and CEO of Leprino Foods, the largest mozzarella producer in the world.

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What is James Leprino's net worth?

James Leprino is a Colorado-based businessman who has a net worth of $3 billion. Jim Leprino has earned a whole lot of cheese from… cheese. He is the CEO of Leprino Foods, the largest mozzarella producer in the world. Leprino Foods controls 85% of the American pizza cheese market. Leprino Foods is one of the 200 largest private companies in the United States. Annually the company generates more than $3 billion in revenue, selling over 1 billion pounds of cheese and employing 10,000 people.

Leprino Foods supplies cheese to multiple companies including Domino's, Papa John's, and Pizza Hut, among many other packaged food companies. In addition to mozzarella cheese, Leprino Foods also produces a variety of other dairy products, including whey protein, casein, and ricotta cheese. The company has operations in the United States, Mexico, and China.

James Leprino is one of the richest people in Colorado.

Early Life

James Leprino was born on June 13, 1937 in Denver, Colorado, to Italian immigrants. His father, Mike Leprino Sr., was a farm worker who had emigrated from Italy in 1914. In 1950, Mike Leprino Sr. opened a grocery store in Denver's Little Italy. James Leprino worked in the store from a young age, learning the ins and outs of the dairy business. After making homemade cheese for local stores, Mike had the idea to market his own label of cheese under the name "Gina Marie."

Unfortunately, in 1958 the family business was pushed out by larger regional grocery chains.

Leprino Foods Cheese Empire

Using their last $615, the Leprinos created Leprino Foods and decided to shift their focus entirely to manufacturing cheese for pizza which had recently taken off as the country's most-popular food.

Their timing was perfect. The same year that Leprino went into the cheese business, the first Pizza Hut opened in Wichita, Kansas. The following year, the first Little Caesars opened in a suburb of Detroit. In 1960, Dominos started delivering pizzas in Michigan. After just two years in business, Leprino Foods was delivering 200 pounds of mozzarella a week to local Denver restaurants.

In 1968, Leprino hit a stroke of genius. Pizza Hut was looking for a cheese supplier that could help the company reduce their costs while also making their processes standardized. Leprino knew that shredding five pound blocks of cheese was very time consuming and didn't produce consistent slices of cheese. Leprino Foods started selling frozen, pre-sliced blocks of cheese. This was the first time pizza makers could layer slices of cheese onto each pizza simply and efficiently.

Leprino Foods was also among the first companies to sell cheese in shredded form, and they pioneered the "delivery system" to prevent pizza cheese from burning while retaining its creaminess. These innovations, coupled with their dedication to customer service, have made Leprino Foods the preferred cheese supplier for global pizza chains.

$900 Million Inheritance Fight

In 2014 James and his brother Michael Leprino Jr. had a falling out. Michael, who owned 25% of the company's stock, was forced out against his will in November 2014. Michael died in 2018. At that point his 25% stake was inherited by his two daughters Nancy and Marie. James Leprino also has two daughters, Terry and Gina.

In 2017 Leprino Foods issued a dividend that paid $400 million to James, Terry and Gina and $90 million to Nancy and Marie.

In July 2020 Nancy and Marie sued their uncle and two cousins alleging that they managed the company in a way that made it very difficult for them to earn an income. The long story short is that Leprino stock may be very valuable on paper, but the daughters are not allowed to sell it. Leprino does pay dividends from time to time (for example the 2017 dividend), but re-invests the vast majority of profits back into the company for expansion.

One way the family earns income is by lending their dividends back to the company for operations at a lucrative interest rate.

In their lawsuit, the nieces alleged that James informed them that their equity was "worth 0," (since it essentially could not be sold) AND he refused to allow the nieces to participate in the dividend/loan system that would have earned them over $165 million in interest over time.

In their lawsuit, the nieces claimed that the act of rendering their stock worthless AND preventing them from loaning the company money, cost them as much as $900 million.

James Leprino was ultimately victorious in the case.

Personal Life and Real Estate

James Leprino primarily resides in Indian Hills, Colorado. James maintains several residences around the world. He also owns a number of significant planes, including a Gulfstream G450, a Bombardier jet, and a small commuter plane.

James is reportedly a devout Catholic.

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Esther Grether Net Worth https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/esther-grether-net-worth/ https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/esther-grether-net-worth/#respond Mon, 24 Jul 2023 19:30:17 +0000 https://www.celebritynetworth.com/?p=46505 Esther Grether net worth: Esther Grether is a Swiss businesswoman who has a net worth of $1.9 billion. Esther Grether

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What is Esther Grether's net worth?

Esther Grether is a Swiss businesswoman who has a net worth of $1.9 billion. Esther Grether is known for her vast collection of 20th-century art, which includes works by Picasso, Cezanne, Dali, and Francis Bacon. She is also the former CEO of the Doetsch Grether Group, a beauty and health care products company. Her collection is believed to be one of the most valuable privately-owned art collections in the world.

Early Life and Marriage to Hans Grether

Esther Grether was born in 1936 in Switzerland. She studied economics at the University of Basel and then worked as a secretary for the Doetsch Grether Group. In 1962, she married Hans Grether, the son of the company's founder.

After her marriage, Esther Grether became more involved in the management of the Doetsch Grether Group. She eventually became CEO of the company, a position she held for over 30 years. Under her leadership, the company grew significantly and became one of the leading beauty and health care products companies in Switzerland.

In 1975, Hans Grether died and Esther inherited the company. She continued to run the company and also began to focus on her passion for art collecting.

Art Collection

Esther Grether has one of the most valuable and significant collections of 20th-century art in the world. The collection includes over 600 works by artists such as Picasso, Cezanne, Dali, and Francis Bacon. The collection is housed in a converted printing factory in Basel, Switzerland.

Wealth

Esther Grether is one of the wealthiest women in Switzerland. Her net worth is estimated to be over $1 billion. She is a major shareholder in the Doetsch Grether Group and also owns a significant stake in the Swatch Group.

Legacy

Esther Grether is a successful businesswoman, art collector, and philanthropist. She is known for her passion for art and her commitment to supporting the arts. She is a member of the board of directors of the Museum of Modern Art in New York City and the Tate Gallery in London. She has also donated generously to art museums and other cultural institutions around the world.

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Gordon Getty Net Worth https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/gordon-getty-net-worth/ https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/gordon-getty-net-worth/#respond Mon, 24 Jul 2023 16:08:27 +0000 http://www.celebritynetworth.com/?p=63031 Gordon Getty Net Worth: Gordon Getty is an American businessman, investor, philanthropist and classical music composer who has a net worth of $2.1 billion.

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What is Gordon Getty's Net Worth?

Gordon Getty is an American businessman, investor, philanthropist and classical music composer who has a net worth of $2.1 billion.

Gordon Getty is the fourth child of billionaire industrialist J. Paul Getty, who was once the richest person in the world. When his father passed away in 1976, Gordon assumed control of J. Paul Getty's $2 billion trust. As a composer of classical music, Getty has created piano pieces, choral works, and operas, including "Usher House" and "The Canterville Ghost."

Getty Oil Sale

Gordon Getty was the sole trustee of the Getty Oil trust after his father, J. Paul Getty, died in 1976. In the early 1980s, Getty Oil was the largest independent oil company in the United States. However, it was also facing increasing competition from larger oil companies.

In 1984, Getty Oil was approached by Texaco with an offer to buy the company for $10.1 billion. Getty Oil's board of directors initially rejected the offer, but Getty himself was in favor of selling. He believed that the company would be better off under the ownership of a larger company, and he also wanted to cash out some of his shares.

Getty orchestrated the sale of Getty Oil to Texaco in a series of complex maneuvers. He first had the board of directors replaced with directors who were more likely to approve the sale. He then negotiated a deal with Texaco that gave him and his family a significant stake in the new company.

The sale of Getty Oil to Texaco was finalized in 1984. The deal was controversial, but it ultimately benefited Getty and his family. Getty Oil's shareholders received a large payout, and Getty himself became one of the richest men in the world.

However, the sale of Getty Oil also had some negative consequences. The company's assets were divided up, and its employees were laid off. The sale also led to a long legal battle between Getty and Texaco.

In 1985, Getty orchestrated the breakup of the Getty Oil trust into six separate trusts. This was done to protect his family's wealth and to avoid future legal challenges. The trusts are still in existence today, and they control a significant amount of wealth.

Early Life and Education

Gordon Getty was born on December 20, 1933 in Los Angeles, California as the fourth child of billionaire oil tycoon J. Paul Getty, who was then married to Ann Rork. He had a brother named John Jr., plus three half-brothers named George, Jean, and Timothy from his father's various other marriages. Raised in San Francisco, Getty went to St. Ignatius College Preparatory and the University of San Francisco. He earned his bachelor's degree in music from the San Francisco Conservatory of Music.

Business Career

Although his interests lied elsewhere, Getty joined the oil business to appease his father. Upon the death of his father in 1976, he inherited his father's $2 billion trust. A decade later, Getty sold the family's Getty Oil to Texaco for $10 billion.

In his own business ventures, he founded the company ReFlow in 2002; it specializes in the temporary purchase of shares in mutual funds. Getty also founded PlumpJack Winery with Gavin Newsom, many years before Newsom became the governor of California.

(Photo by Kim Kulish/Corbis via Getty Images)

Music Composing

As a composer of music, Getty has created piano works, orchestral works, choral works, cantata, and opera, among other categories of classical music. His piano works include "Ancestor Suite," "Andantino," and "Scherzo Pensieroso," while his choral works include "Annabel Lee," "Beauty Come Dancing," "The Old Man in the Night," "Those Who Love," and "Victorian Scenes." Getty's operas include "Plump Jack," "Joan and the Bells," and "Usher House," the lattermost of which is based on Edgar Allan Poe's short story "The Fall of the House of Usher." The staged world premiere of the opera was held in June of 2014 at the Welsh National Opera, and was later performed by the San Francisco Opera. In 2017, "Usher House" was paired with Getty's opera "The Canterville Ghost" at New York's Centre for Contemporary Opera. That opera is based on Oscar Wilde's short story of the same name.

Getty's career as a music composer is the subject of Peter Rosen's documentary film "Gordon Getty: There Will be Music," which premiered in early 2016 at Cinema Village in New York City. The film went on to play at various film festivals, and was shown on PBS in the United States and on ARTE in Europe.

Honors and Accolades

Getty has received some honors for his work as a classical music composer. In 1986, he won the John F. Kennedy Center for the Performing Arts' award for Outstanding American Composer. Later, in 2003, Getty won the Gold Baton from the League of American Orchestras. In 2015, he was named Alumnus of the Year by his alma mater the University of San Francisco.

Philanthropy

Since 2008, Getty has given over $200 million to his philanthropic foundation, which supports music, the performing arts, and museum projects. The foundation has underwritten productions of the San Francisco Opera and the Russian National Orchestra.

Personal Life

On Christmas Day in 1964, Getty married publisher Ann Gilbert in Las Vegas. The pair lived in a grand yellow Italianate mansion in San Francisco with panoramic views of Alcatraz and the Golden Gate Bridge. They gradually expanded their domestic space over the years by purchasing two adjacent houses. Getty and Gilbert frequently hosted charity events and fundraisers, as well as opera stars and politicians.

With his wife, Getty had four children, including businessman and filmmaker Andrew, who passed away in 2015 from meth intoxication, heart disease, and internal bleeding. In addition to his four children with Gilbert, Getty has three daughters from his former longtime mistress Cynthia Beck. In 2019, a house Beck owns in Bel-Air was raided by police, and her companion Girard Damien Saenz was arrested with over 1,000 firearms in his possession.

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Jim Irsay Net Worth https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/jim-irsay-net-worth/ https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/jim-irsay-net-worth/#respond Sun, 16 Jul 2023 18:42:50 +0000 https://www.celebritynetworth.com/?p=44266 Jim Irsay net worth: Jim Irsay is an American businessman who has a net worth of $4 billion. Jim Irsay earned his fortune as the owner of the NFL's Baltimore Colts franchise.

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What is Jim Irsay's net worth?

Jim Irsay is an American businessman who has a net worth of $4 billion. Jim Irsay earned his fortune as the owner of the NFL's Baltimore Colts franchise. He inherited the franchise from his father Robert Irsay. Robert purchased the then-Baltimore Colts when Jim was in elementary school.

Early Life

He was born in Lincolnwood, Illinois, on June 13, 1969.  He is the son of Harriet Pogorzelski and Robert Irsay, a businessman with a successful heating and air-conditioning company. Growing up in a football-loving family, he developed a deep passion for the sport. Irsay attended high school at Loyola Academy and later graduated from Southern Methodist University in 1982 with a degree in broadcast journalism.

Indianapolis Colts

On July 13, 1972, Robert Irsay bought the Los Angeles Rams for $19 million from the estate of Dan Reeves. That same day, he traded the team to Carroll Rosenbloom, who was the owner of the Baltimore Colts at the time, but who wanted to live on the West Coast.

Robert Irsay will forever be known as the owner who took his team and moved it out of town in the middle of the night. Like many NFL owners, Irsay's relationship with the City of Baltimore officials was strained. The Maryland legislature passed a law on March 27, 1984, that made it legal for the state to claim eminent domain and seize the team in the name of the public good.

Fearing that the state was going to do just that, he accepted a deal from the City of Indianapolis. Then Indianapolis mayor, William H. Hudnut III, was the person who contacted Mayflower moving company to arrange for 15 trucks to move the team in the middle of the night.

Jim was 12 years old when his father acquired the team. Upon graduating from SMU in 1982, he went to work for the team.

In 1995, as his father's health was failing, he became Senior Vice President and General Manager. One year later, he became Chief Operating Officer of the Baltimore Colts. After his father passed away in 1997, he and his stepmother fought for control of the Colts. He eventually won, and, at age 37, became the youngest team owner and CEO in the NFL.

Under Irsay's ownership, the Indianapolis Colts have seen considerable success, most notably a Super Bowl XLI victory in 2007. His focus on stability and long-term planning has resulted in the Colts having one of the NFL's best win-loss records since he took ownership. Key decisions, like the hiring of Bill Polian as President and the drafting of Peyton Manning in 1998, reflect Irsay's knack for making critical choices that have shaped the franchise's successful trajectory.

Joe Robbins/Getty Images

Addiction Issues

In March of 2014, Irsay was arrested and charged with a DWI and 4 felony counts of possession of a controlled substance. Police reported that at the time of the arrest Isray failed to pass several roadside field sobriety tests, and they found several pill bottles with Schedule IV prescription drugs in the car.

Subsequently, he sought treatment and became an advocate for mental health and addiction recovery. He has been open about his struggles, using his platform to help others facing similar issues.

Memorabilia Collection

One of Irsay's most notable passions outside football is his collection of music and pop culture memorabilia. This includes iconic items like the original manuscript of "On the Road" by Jack Kerouac, Jerry Garcia's guitar dubbed "Tiger," and Prince's "Yellow Cloud" guitar. Most notably, he is the proud owner of a significant collection of Beatles memorabilia, including the drumhead from their historic Ed Sullivan Show performance and John Lennon's Gibson J-160E guitar.

According to Irsay, he was once offered $1.15 billion for his collection by a buyer from the Middle East. Explaining why he turned the offer down:

"I've been offered $1.15 billion for the collection in totality by someone in the Middle East. I turned it down because, to me, No. 1, it's priceless. And No. 2, I never started the collection for that reason, to look at it and say, 'Oh, this is going to be a great investment.'"

PITTSBURGH, PA - OCTOBER 26: Owner Jim Irsay of the Indianapolis Colts looks on during warmups prior to the game against the Pittsburgh Steelers at Heinz Field on October 26, 2014 in Pittsburgh, Pennsylvania.

(Photo by Joe Robbins/Getty Images)

Personal Life

Irsay has three daughters – Carlie, Casey, and Kalen – with his ex-wife, Meg Coyle. His daughters have increasingly become involved with the Colts, indicating a potential succession plan for the franchise.

Known for often quoting rock music, he also owns Jack Kerouac's original manuscript for "On the Road", for which he paid $2.43 million. He has also purchased guitars owned by Elvis Presley, John Lennon, Paul McCartney, George Harrison, Jerry Garcia, Bob Dylan, and Prince and a drum set owned by Ringo Starr.

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Joshua Harris Net Worth https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/joshua-harris-net-worth/ https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/joshua-harris-net-worth/#respond Sun, 09 Jul 2023 21:41:11 +0000 https://www.celebritynetworth.com/?p=79014 Joshua Harris Net Worth: Joshua Harris is an American private equity investor who has a net worth of $8.5 billion.

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What is Joshua Harris' Net Worth?

Joshua Harris is an American private equity investor who has a net worth of $8.5 billion. Joshua Harris earned his fortune as a co-founder of Apollo Global Management, one of the largest private equity firms in the world with over $500 billion in assets under management. Joshua owns 6.7% of Apollo's outstanding equity.

Outside of his private equity billions, Joshua is probably best known for being the majority owner of the Philadelphia 76ers of the NBA, the New Jersey Devils of the NHL and the Washington Commanders of the NFL. He controls his sports investments through Harris Blitzer Sports & Entertainment. The "Blitzer" is David Blizter, a fellow finance tycoon.

Joshua Harris stepped down from Apollo in 2022 and subsequently founded the firm 26North.

Prior to co-founding Apollo, Josh worked at infamous "junk bond" firm Drexel Burnham Lambert.

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Early Life and Education

Joshua Harris was born in December 1964 in Chevy Chase, Maryland. His father was an orthodontist and his mother was a schoolteacher. He completed his high school education at the Field School in Washington, D.C., before moving on to the University of Pennsylvania. At Penn, he received a Bachelor of Science degree from the Wharton School and a Bachelor of Arts degree from the College of Arts and Sciences in 1986. He later earned his MBA from Harvard Business School.

Drexel Burnham Lambert

After graduating from Wharton Joshua worked in the mergers & acquisitions division at investment bank Drexel Burnham Lambert. While he was at Harvard, Drexel collapsed and was forced into bankruptcy in what became one of the biggest financial scandals of all time. The scandal resulted in several Drexel executives going to jail, including senior executive Michael Milken.

After earning his MBA, Harris spent two months at private equity firm Blackstone Inc. He quit to co-found Apollo Global Management.

Apollo Global Management

Apollo Global Management is a global alternative investment firm with assets under management of $512.8 billion as of March 31, 2022. In addition to Joshua Harris, the firm was founded in 1990 by Leon Black, Antony Ressler and Marc Rowan, and is headquartered in New York City.

Apollo invests in a variety of asset classes, including private equity, credit, real estate, and infrastructure. Some of the firm's most notable acquisitions include ADT Security Services, Barnes & Noble, CareerBuilder, Cox Media Group, Intrado, Legendary Entertainment, Rackspace, Redbox, Shutterfly, Sirius Satellite Radio, Qdoba, Smart & Final, University of Phoenix, and Yahoo Inc.

The firm's AUM has grown significantly over the years, from $10 billion in 1999 to $512.8 billion in 2022. This growth has been driven by a number of factors, including the firm's strong investment performance, its expansion into new asset classes, and its acquisition of other investment firms.

Apollo went public in 2011, and its shares are traded on the New York Stock Exchange under the ticker symbol "APO." The firm's stock price has risen significantly since its IPO.

Joshua Harris net worth

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Sports Investments

Joshua Harris's involvement in sports team ownership began in 2011. He led a group of investors to purchase the Philadelphia 76ers from Comcast Spectacor for approximately $280 million. The ownership group also included David Blitzer, Adam Aron, Art Wrubel, and others. Harris's tenure as a majority owner of the 76ers was marked by significant restructuring efforts, most notably the controversial "Process," an aggressive rebuilding strategy aimed at achieving long-term success.

In 2013, Harris expanded his sports portfolio to include hockey. He and his ownership group purchased the New Jersey Devils and the lease to the Prudential Center in Newark, New Jersey, for over $320 million. The purchase brought much-needed stability to the Devils, a team that had been grappling with financial issues for several years.

Harris's sports acquisitions extended across the Atlantic in 2015, when he and Blitzer purchased a majority stake in Crystal Palace, a football club in the English Premier League. The move marked Harris's first foray into international sports ownership and highlighted his expanding global influence.

In 2020, Harris's ownership group announced their interest in acquiring the New York Mets, expanding their footprint in American sports. However, they eventually lost the bid to hedge fund billionaire Steve Cohen.

Josh Harris and David Blitzer, along with a group of investors, finalized the purchase of the Washington Commanders on May 12, 2023 for a record $6.05 billion. The deal was approved by the NFL's other owners in April 2023.

The previous record sale for a sports franchise had been set in August 2022, when a group led by Walmart heir Rob Walton bought the Denver Broncos for $4.65 billion.

The sale of the Commanders marked the end of Dan Snyder's 21-year ownership of the team. Snyder had been under investigation by the NFL for several years for allegations of workplace misconduct.

Harris and Blitzer manage their sports investments under the umbrella company Harris Blitzer Sports & Entertainment.

Personal Life and Real Estate

Joshua and his wife Marjorie met while they were both attending Harvard Business School. They have three sons and two daughters.

In 2017 Joshua and Marjorie paid $45 million for a 21,000 square foot mansion on the Upper East Side of New York City. The mansion was built in 1917 for cotton mogul Otto Louis Dommerich. The building is designed in the neo-French classic style. The home has seven floors and features a curved staircase, and 14 fireplaces. The top level of the building features a stained glass dome. The mansion also has three elevators and a basement with 15-foot ceilings. There is 3,350 square feet of outdoor space, a roof terrace, a second floor terrace, and a terrace off the solarium. It had been listed for $72 million about a year before his purchase.

In 2021 they paid $32 million for a 9,000 square foot mansion in Miami.

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Marc Rowan Net Worth https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/marc-rowan-net-worth/ https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/marc-rowan-net-worth/#respond Sun, 09 Jul 2023 20:35:12 +0000 https://www.celebritynetworth.com/?p=64268 Marc Rowan Net Worth: Marc Rowan is an American businessman who has a net worth of $6.5 billion. Marc Rowan earned his fortune as a co-founder of Apollo Global Management, a private equity firm that currently controls more than $500 billion in assets under management.

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What is Marc Rowan's Net Worth?

Marc Rowan is an American businessman who has a net worth of $6.5 billion. Marc Rowan earned his fortune as a co-founder of Apollo Global Management, a private equity firm that currently controls more than $500 billion in assets under management. Marc owns 6.1% of Apollo's common equity. Over the years Marc has also received at least $1.5 billion in cash distributions from share sales, dividends and profit participation.

In Jun 2021 Marc succeeded his co-founder Leon Black as CEO of Apollo.

Drexel Burnham Lambert

Marc Rowan was born on August 19, 1962 .

After he graduated summa cum laude with a BS and MBA in business administration from the University of Pennsylvania's Wharton School, Marc started his career working for the Mergers & Acquisitions Group of Drexel Burnham Lambert, in New York City and Los Angeles. Over the course of 1989-1990, Drexel Burnham collapsed under the weight of its own "junk bond" empire. In the collapse, several people from the firm went to jail including Drexel's infamous leader Michael Milken.

Speaking of his time at Drexel, Marc would recall:

"I worked directly for Dennis Levine, who went to jail. I then went to work for Marty Siegel, who also went to jail. I then moved out to California to work for Mike Milken, who also went to jail."

(Photo by Arturo Holmes/Getty Images)

Apollo Global

In 1990, Marc teamed up with his former Drexel colleagues Joshua Harris, Antony Ressler and Leon Black to found a private equity firm they named Apollo Global Management.

Fast forward to the present and Apollo controls more than $500 billion worth of assets under management. Marc, Joshua, Anthony and Leon are all multi-billionaires.

Leon Black served as CEO of Apollo until June 2021. Marc became CEO upon Black's resignation. Black resigned after it was revealed that he had paid Jeffrey Epstein $158 million for tax and estate planning advice between 2012 and 2017.

Apollo invests in a variety of asset classes, including private equity, credit, real estate, and infrastructure. Some of the firm's most notable acquisitions include ADT Security Services, Barnes & Noble, CareerBuilder, Cox Media Group, Intrado, Legendary Entertainment, Rackspace, Redbox, Shutterfly, Sirius Satellite Radio, Qdoba, Smart & Final, University of Phoenix, and Yahoo Inc.

The firm's AUM has grown significantly over the years, from $10 billion in 1999 to $512.8 billion in 2022. This growth has been driven by a number of factors, including the firm's strong investment performance, its expansion into new asset classes, and its acquisition of other investment firms.

Apollo went public in 2011, and its shares are traded on the New York Stock Exchange under the ticker symbol "APO." The firm's stock price has risen significantly since its IPO.

Apollo operates by acquiring distressed businesses, fixing them, and then selling them to turn a profit, a strategy known as "distressed-to-control" or "loan-to-own". Its operations are divided into three business segments: Credit, Private Equity, and Real Assets.

Throughout its history, Apollo has been involved in a number of notable acquisitions and sales. In 2008, it acquired the real estate investment trust (REIT) Innkeepers USA Trust for $1.5 billion. In 2013, the firm bought out the education company McGraw-Hill Education for $2.5 billion, then sold it to private equity firm Platinum Equity in 2020. Apollo also acquired ADT, a home security company, in 2016, and merged it with another security company called Protection 1, enhancing its reach in the security sector.

Personal Life

Marc Rowan is married to Carolyn Pieva.

In 2012, they sold oceanfront mansion in Southampton for $28.5 million. Around the same time they paid $26 million for a Manhattan co-op.

In 2018 Marc donated $50 million to his alma mater, the Wharton School.

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Chip Wilson Net Worth https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/chip-wilson-net-worth/ https://www.celebritynetworth.com/richest-businessmen/richest-billionaires/chip-wilson-net-worth/#respond Thu, 29 Jun 2023 22:26:26 +0000 https://www.celebritynetworth.com/?p=21590 Chip Wilson is an entrepreneur who has a net worth of $7 billion. Chip Wilson earned his fortune as the founder of Lululemon.

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What is Chip Wilson's net worth?

Chip Wilson is an entrepreneur who has a net worth of $7 billion. Chip Wilson earned his fortune as the founder of Lululemon Athletica. The Vancouver-based company generates more than $8 billion in revenue every year. Chip made $100 million selling a portion of his stake in Lululemon to private equity firm Advent International in 2005. In 2014 he sold 13% of Lululemon to Advent for $845 million. Today Chip owns roughly 8% of the publicly-traded Lululemon.

Early Life

Dennis "Chip" Wilson was born in 1955, in San Diego, California. Raised in Canada, he developed an entrepreneurial spirit from a young age. He got a job working on the Alaska pipeline when he was 19 and made $100k, which paid for his university education. Wilson's first venture was a snowboard shop called WestBeach, which he founded in 1979. The shop quickly gained popularity for its innovative snowboarding apparel, setting the stage for Wilson's future successes. Chip sold WestBeach in 1997 for $15 million.

Founding Lululemon Athletica

In 1998, Chip Wilson launched Lululemon Athletica, initially as a yoga clothing retailer. Wilson recognized a gap in the market for high-quality, stylish, and functional activewear. With a focus on blending performance and fashion, Lululemon became synonymous with the rise of athleisure, a trend that transformed the apparel industry. The brand's unique designs and commitment to technical fabrics garnered a loyal following among fitness enthusiasts and fashion-conscious individuals.

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Building a Global Brand

Under Wilson's leadership, Lululemon rapidly expanded its reach and influence. By creating a distinctive retail experience, the brand fostered a sense of community and personal connection with its customers. Wilson's emphasis on customer engagement and brand loyalty played a significant role in Lululemon's success. The company's retail stores became more than just shopping destinations, evolving into hubs for fitness events, workshops, and wellness initiatives.

Becoming A Billionaire

Chip Wilson found out he was a billionaire in 2007 when his banker called him to let him know his net worth had crossed the mark for the first time thanks to the company's IPO. Years later he described that feeling:

"It changed my life not a bit, because I would do exactly what I'm doing now for no money. An entrepreneur has to be able to work the 18, 19 hours a day not for the money but because there's an idea there and you want to see if … the world wants (that idea) too."

Controversies and Growth Challenges

Despite Lululemon's success, the brand faced significant challenges along the way. In 2013, a controversy erupted when some of the brand's yoga pants were found to be see-through, leading to a product recall. Wilson's response to the issue drew criticism, but he eventually stepped down as the company's chairman in 2015. However, the brand persevered and continued to grow under new leadership, expanding its product offerings and diversifying into menswear, accessories, and lifestyle collections.

(Photo by Slaven Vlasic/Getty Images)

Philanthropy and Giving Back

Throughout his career, Chip Wilson has demonstrated a commitment to philanthropy and social causes. He founded the Chip and Shannon Wilson School of Design at Kwantlen Polytechnic University in Vancouver, aiming to nurture young talent in the fashion industry. Wilson has also supported initiatives related to health, education, and entrepreneurship, empowering individuals and communities through his charitable contributions.

Entrepreneurial Ventures Beyond Lululemon

Beyond Lululemon, Chip Wilson has ventured into various other entrepreneurial pursuits. He launched Kit and Ace, a luxury apparel brand specializing in technical cashmere clothing. He also founded Hold It All Inc., a private holding company that oversees his investments and philanthropic ventures. Wilson's entrepreneurial spirit and keen business acumen continue to drive his endeavors beyond his initial success with Lululemon.

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