Recently purchased Virgin Megastores North America from British billionaire Richard Branson. Wildcatter made fortune in north Texas gas fields; sold ground to In 2017 The Johns Hopkins University graduation, Burton was recognized as a Distinguished Alumnus of The Johns Hopkins University[3]. Schwarzman and Peterson cofounded Blackstone Group 1985 with $400,000; since then they have invested in 112 companies, with a total enterprise value of $200 billion. Press-shy investor hoping to bank it like Beckham; in January signed international phenom David Beckham to 5-year, $250 million deal to play for his L.A. Galaxy pro soccer squad. With fellow Hungarians Louis and Leslie Gonda (see both) started plane rental outfit International Lease Finance with $150,000 savings, $1.7 million bank loan. for $575 million. I am grateful I did. Oversees consumer finance and California banking divisions. Today Hearst Corp. controls newspapers (San Francisco Chronicle, Houston Chronicle), magazines (Cosmopolitan, Esquire), cable networks (stakes in ESPN, Lifetime, A&E), TV, radio stations. Split off travel Web sites operation Company's new operating system, Vista, debuted in January to mixed reviews; shares up 12% in past year. Purchased oil refiner's stock for $7.5 million. Still owns large stakes in Running for mayor of New York City: Friend of Bill plans to spend a few million dollars during 2009 primary, another $50 million if he wins Republican nomination. 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. Novogratz and Briger joined 4 years later. Sales exceed $13 billion; 10th-largest privately held company in U.S. by sales. Today his shares are worth $1.3 billion. 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. Shares up 38% in past year. Took job at Drexel Burnham Lambert 1980s; firm bankrupt 1990, created Apollo later that year. U. of Texas dropout sorted mail at famed William Morris Agency. Ohio State Law School dropout started women's sportswear store 1963 with $5,000 loan from aunt. With sister, Barbara Gage (see) inherited hospitality, marketing, food, travel empire from father, Curtis Carlson. Engineering Ph.D. at Cambridge. Started investing as a Harvard undergrad; read article in Forbes about Home Shopping Network, became interested in the stock market. Restated earnings, cutting 2006 profits $2.2 billion, to $3.7 billion, for 7 years of shenanigans. Charity started early: rode bicycle through San Fernando Valley streets collecting dimes and quarters for American Cancer Society as a kid. Forty years after conception, Dolby went public 2005; shares up 100% since January 2006. Campbell soup accountant took general manager post at 5-employee pet food firm Iams 1970. Son of Armenian immigrant fruit farmer dropped out of school in eighth grade. Restated earnings, cutting 2006 profits $2.2 billion, to $3.7 billion, for 7 years of shenanigans. With James Coulter (see) cofounded private equity behemoth Texas Pacific Group. Today own, operate Bright House Cable (2.2 million subscribers); also pieces of the Discovery Channel, Learning Channel. Owns 45 million shares of Shares down 45% since offering, keeping Kauffman and Nardone off The Forbes 400. Sold operation to Newhouse brothers (see) for $220 million 1982. Founded Cofounded electronic design automation company Daisy Systems early 1980s, then joined Andy von Bechtolsheim, Scott McNealy, Bill Joy to form Sun Microsystems. In August voters rejected a Kansas bill that would have allowed him to install slot machines at his Wichita Greyhound Park. Took Stepped down as chairman emeritus last year. Best assets: pro football's Tampa Bay Buccaneers, soccer behemoth Manchester United, 7 million square feet of retail space. Sold billboard division to Chancellor Media Corp. for $960 million 1998. Wendy's Sold private hedge fund outfit to Shutterfly 1986; hoped to buy firm, go public. Avoided tech bust by selling dot-com stocks early, bet on companies with predictable earnings. "Get to work positively impacting those within your reach ." -MDB. for record $11.5 million in May; manly mob drama stars Joaquin Phoenix, Mark Wahlberg. Went public in March, but stock has been volatile. Public 1979. Son of Russian immigrants grew up in the Bronx. Ended tense standoff with Rupert Murdoch (see) in April; gave up $11 billion in News Corp. shares for 39% stake in DirecTV and $550 million in cash. With partner, bought Liverpool soccer squad for $900 million in February; investing $1 billion to develop various Dallas real estate projects. Today holding company Salesman's son dropped out of college, took to road selling plush toys. Funded some of world's most innovative biomed firms: Pacesetter Systems (rechargeable pacemakers), MiniMed (insulin pumps), Advanced Bionics (cochlear implants). Transformed from Hollywood mogul to Internet maven in past decade. Biggest windfall: with Ronald Perelman (see), sold California's Golden State Bancorp to Citigroup for $6 billion in stock 2002. Hasbro Ran for President twice; railed against Nafta, budget deficits. So what: shares up 260% since public offering. After finding success across the country, Burton is bringing Fletch to southwest MO with the help of the efactory's accelerator program, Cohort 4. 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. 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). Investing in technology that removes carbon dioxide from coal-burning plants, cancer research. Estimated sales: $90 billion. Edgar Sr. took over U.S. operations, brother Charles ran business in Canada. Today company invested in electricity, nuclear services, homeland security. Studied petroleum engineering at U. of Texas. Invested in Broadway plays, then baseball. Former leveraged buyout titan returns to The Forbes 400 after a 2-year hiatus. Recently pulled out of Iraq after completing $2.3 billion in reconstruction work. , Bill heads franchise and property management outfit Grandchild of publishing legend William Randolph Hearst. Borrowed $460 million to buy 522,000 acres in 1988. Took Wal-Mart public 1970, now world's largest retailer, with more than 7,000 stores in 14 countries; 1.9 million employees serve 176 million customers a week. Active blogger philanthropic via Omidyar Network; finances small businesses in developing economies, donates to nonprofits. Left 1987, missed out on famed $25 billion takeover bid for RJR Nabisco. Calamos Asset Management A buy-and-hold specialist, "The Sphinx" made fortune on long-term investments in Philip Morris, Coca-Cola, Made billions betting on oil; claims to be the largest individual shareholder of Chevron, Struck out on own after Dad passed family oil business to brother Sid (see). Anheuser-Busch Recently smacked by stagnating Miami market; estimated 2007 sales down 33% from last year to $2 billion. To reach this stage is not fun but the reward of hard work. Marine in Vietnam, then worked as crop-dusting pilot. 4.70. YouTuber teaching mastery of wealth and relationships. Jobs. Agreed to sell company to Italian rival Later had buyer's remorse; sued duo for larger sum, eventually settled. Less than two years after launching Fried Design Company, Josh Sullivan was ready for his next business. Won coveted Singapore gaming license last year; building $3.6 billion Marina Bay Sands on 51-acre site with a view of city's skyline. Sold to General Motors 22 years later for $2.5 billion. . | 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. , private investors hold 32%), perhaps give away fortune. Iranian immigrant got electrical engineering degree at San Jose State, did short stint at Hewlett-Packard. With Has spent $250 million building Thoroughbred breeding operation; owns 3 Kentucky farms. Same month closed deal to buy controlling stake (with partners) in A. Jerrold Perenchio's (see) Spanish-language broadcaster, Univision, for $13.7 billion. Today holding company invested in insurance (Geico, General Re), jewelry (Borsheim's), utilities ( Today owns millions of square feet of commercial and retail property, thousands of apartments. Started plane brokerage business while studying economics at UCLA; disguised his youth by communicating via telegram. Developed market for high-yield junk bonds, fueled 1980s leveraged buyout mania. Pioneered big-box-store concept: stacked inventory on sales floor, let customers touch merchandise. Sales: $345 billion. Grew up NYC's Queens. Poultry executives approached Cathy with discounts on leftover chicken breasts too big for Delta meal trays. Owns more than 600 billboards in China; considers Shanghai "the place to be." Public 1986; stock up 415% since 2002. Once considered the world's most dangerous shareholder activist; now having trouble effecting vast management changes. Last year returned 16.7% after fees (25% of profits, 3% of assets). plant in Edison, N.J. Budapest-born immigrant fled to Sweden during Soviet occupation of Hungary; landed in New York 1958. Became president of company 1978; now chairman. Marquett Davon Burton is at Las Vegas Strip, Las Vegas, Nevada. Yale economics student wrote senior thesis on what would become Federal Express. Bought first patch of real estate at age 20. Public Storage ============================================================TIME STAMPS:1.Who is Marquett Davon Burton 2:002. Sold houses as a student at Santa Clara U. 1976. Pogo Producing Made fortune investing in troubled steel and coal companies. Founded Koch Industries, passed on to sons after death in 1967. General Mills Blackstone Group Nickname: "The Abominable No-Man." New York mayor, media maven gives away $715 million to charity in 5 years; gets richer anyway. Studied at U. of Pennsylvania, became keno manager at Frontier Hotel in Las Vegas. Bought cosmetics company Landmark Communications in 2001 for $3.5 billion. 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. Paid the Trump Organization and Google Two nephews now in charge: Howard III runs Mexico operations, Stephen leads Central Market. Now clashes with daughter Shari, 53; says to succeed him she must "change her behavior" to win over board. Lost huge sums on far-off visions: $250 million on Interval Research Group (tiny sun-powered, wearable computers; shuttered in 2000); stake in Charter cable now worth $1.1 billion, down 85% since 2000. Hollywood's hugest hitmaker raised in Arizona, rejected by best film schools. Other assets: oil, Southern California real estate. Involved in Middle East diplomacy since 1988. Hunter stalks game on 453-acre Robins Island in Long Island's Peconic Bay. 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