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Christy Walton Net Worth

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Christy Walton Net Worth

What is Christy Walton’s net worth? 

Net Worth:$11.5 Billion
Age:74
Born:February 8, 1949
Gender:Female
Height:Unknown
Country of Origin:United States of America
Source of Wealth:Heiress
Last Updated:January 23, 2024

Introduction 

Christy Ruth Walton was listed as one of the world’s wealthiest individuals and the only female member of the top ten richest billionaires.

She inherited her wealth from her husband John Walton, who died in a 2005 plane crash, the son and heir of Walmart founder Sam Walton.

Her fortune is invested in Walmart and First Solar shares and, as one of the world’s wealthiest people, she’s one of the top global philanthropists.

As of May 2024, Christy Walton’s net worth is estimated to be $11.5 Billion.

 

Christy Walton Facts

  • In 2016, Christy Walton dropped out of the top ten wealthiest people in the world.
  • Her husband, John Walton, died in a plane accident in June 2005.
  • In 1989, Christy’s son, Lukas, was diagnosed with cancer at age three.
  • She donated $20,000 to The Lincoln Project in 2019.
  • In 2002, Christy and her family donated $300 million to the University of Arkansas.

 

Early Life 

Christy Walton was born February 8, 1949, in Jackson, Wyoming into a middle-class family and graduated from the local high school.

She did not go on to study for a college degree and very little is known about her life before meeting and marrying John Walton.

Tragedy struck the Walton family shortly after their son Lukas Walton was born, when he was diagnosed with cancer when he was only three.

When traditional health care failed to cure him and had not responded to chemotherapy, Christy turned to alternative healing to help her son.

Using an all-natural diet, Christy was able to help heal her son, and he fully recovered from an otherwise deadly disease.

 

Career 

Very little was known about Christy before the death of her husband John, who died in an aircraft crash in June 2005.

Her husband was a former Vietnam veteran who served in the Green Berets and received a silver star for his heroic actions in battle.

After returning to the United States, her husband, John, became a professional pilot and worked for Walton Inc. before leaving and starting his own company.

He worked as a crop sprayer and also invested in a company that made trimaran yachts before investing in a solar company.

 

Helping To Cure Her Son’s Deadly Cancer

Christy and John were motivated to start Olivewood Gardens and Learning Center following the recovery of their son from his deadly cancer.

The center is located outside San Diego and acts as both an indoor and outdoor classroom focused on organic gardening and nutritional education.

In June 2005, Christy’s husband was killed in a plane crash, when a control linkage failed and caused the plane to lose aileron control.

On his death, it was assumed that Christy had inherited the majority of his fortune of over $18 billion, making her the richest woman in the world.

 

She’s Not As Rich As Previously Believed

However, court records revealed that Christy was not the major beneficiary of John’s will but rather that her son Lukas inherited a third of his estate.

The balance of his money was distributed to charity while Christy inherited approximately $5 billion, a still sizable sum at the time.

Her wealth was incorrectly estimated to be around $40 billion by various media companies, including Forbes and Bloomberg, who were forced to adjust their estimates.

She joined John’s sister, Alice Walton, on the list of the richest women in the world, although Alice’s net worth is closer to $60 billion.

 

Her Wealth Is Tied To Walmart’s Stock Price

The majority of Christy’s inheritance was made up of Walmart and First Solar stock, according to the court documents that revealed her true net worth.

Her son, Lukas Walton, received an estimated $6 billion and earned his bachelor’s degree in environmentally sustainable business from Colorado College.

Following his graduation in 2010, Lucas was employed by True North Venture Partners, a venture capital firm that focused on early-stage startups.

The company was set up by his father and was run by Michael J. Ahearn, who was also a co-founder of First Solar.

 

Investing In Solar Power

First Solar was started in 1999 and manufactures ecologically efficient solar panels and modules that help stave off climate change.

Manufacturing is based in the USA and is one of the ten largest solar manufacturers in the world as well as being outside China.

The company’s technologically advanced thin-film photovoltaic modules represent a competitive alternative to conventional crystalline silicon photovoltaic panels that are kinder to the environment.

 

Supporting The Democrats

Christy is also involved in politics, contributing funds to the Lincoln Project, a super PAC that opposed Donald Trump during his 2020 presidential campaign.

She supported the Democratic Party and also contributed funds to help elect Joe Biden during his bid for the presidential election in 2020.

 

Christy Walton’s Career Earnings

In 2006, Christy agreed to make a gift of her Victorian home to the International Community Foundation – Center for Cross-Border Philanthropy.

To ensure that the building is looked after and properly maintained, she has donated more than $4 million to a fund to preserve its structure.

Here’s an estimated overview of Christy Walton’s career earnings:

  • Christy Walton’s Salary In 2015 – $8.2 Million
  • Christy Walton’s Salary In 2016 – $8 Million
  • Christy Walton’s Salary In 2017 – $8.9 Million
  • Christy Walton’s Salary In 2018 – $9.5 Million
  • Christy Walton’s Salary In 2019 – $9.8 Million
  • Christy Walton’s Salary In 2020 – $9 Million
  • Christy Walton’s Salary In 2021 – $8.5 Million
  • Christy Walton’s Salary In 2022 – $10 Million
  • Christy Walton’s Salary In 2023 – $10 Million

She is also a supporter of the Walton Family Charitable Support Foundation, which focuses on education and supports various institutions of higher learning.

The family foundation has provided funding in excess of $1.6 billion to various business schools and universities to support students.

 

Christy Walton’s Net Worth Annually

Christy became interested in film production and set up a company in 2009, whose main aim was to produce entertaining and socially conscious movies.

Tenaja Productions’ first project was the financing of the movie Bless Me, Ultima, which was an adaption of a popular coming-of-age novel.

Here’s a breakdown of Christy Walton’s annual net worth:

  • Christy Walton’s Net Worth In 2015 – $5 Billion
  • Christy Walton’s Net Worth In 2016 – $5.2 Billion
  • Christy Walton’s Net Worth In 2017 – $5.4 Billion
  • Christy Walton’s Net Worth In 2018 – $7.3 Billion
  • Christy Walton’s Net Worth In 2019 – $7.2 Billion
  • Christy Walton’s Net Worth In 2020 – $8.9 Billion
  • Christy Walton’s Net Worth In 2021 – $7.2 Billion
  • Christy Walton’s Net Worth In 2022 – $7.9 Billion
  • Christy Walton’s Net Worth In 2023 – $11.5 Billion
  • Christy Walton’s Net Worth In 2024 – $11.5 Billion

The film was released in 2012 and received a positive response from movie critics and audiences, who appreciated its touching message.

Walton’s production company continues to create documentaries that focus on educational content, with the movie, “Ultima,” being one of the more popular ones.

 

Personal Life

Christy lives in an exquisite mansion located in the picturesque Jackson Hole, Wyoming, home to many of America’s wealthiest families.

The estate is a 2.45-acre paradise with direct access to some of the most beautiful national forests in the area.

It is in one of the most expensive houses in the world, that Christy claimed that an all-organic diet helped to eliminate her son’s life-threatening tumor.

This was one of the reasons that, in 2010, she set up Cuna del Mar, a fund to help companies focused on developing sustainable seafood supplies.

Christy Walton’s online presence includes an official website and an official Twitter account where you can follow the foundation’s latest news. 

 

How Does Christy Walton Spend Her Money?

Walton is a Democrat and supports The Lincoln Project, which ran ads in important states during the 2020 presidential elections.

She is reported to have donated $30,000 to further the centrist aims of the Democratic Party and those Republicans who opposed Donald Trump.

A large part of Walton’s fortune is earmarked for educational donations, supporting the Children’s Scholarship Fund for disadvantaged children.

As a board member of the Walton family’s Charitable Support Foundation, Christy ensures that money is directed to causes close to her heart.

She oversees the provision of funds that are earmarked for the San Diego Zoological Society, a cause that supports numerous educational and cultural projects.

 

Highlights 

Christy acted as an executive producer on the “Ultima” movie and is intimately involved in the projects that the company takes on.

She also serves on the board of the San Diego Natural History Museum as one of the Trustees Emeriti who help to guide the organization.

Here are some of the most notable occasions in Christy Walton’s career: 

  • In 2007, Christy’s family foundation contributed $1.6 billion to charitable causes.
  • She established Tenaja Productions in 2009 to finance the film, “Bless Me, Ultima.”
  • Since the mid-2000s, Christy has supported The Philanthropy Roundtable and the San Diego Natural History Museum.
  • In 2020, Christy and the Walton Foundation donated $749.5 million to various charities.

Together with John’s brother Samuel Walton, sister Alice, and younger brother Jim Walton, Christy controls the majority of the Walton family’s investment in Walmart.

She joins other wealthy heiresses like Kirsten Rausing and Julia Koch who make up the list of the world’s wealthiest men and women.

 

Favorite Christy Walton Quotes

According to the Condé Nast Portfolio magazine, Christy gave away more money to charity than any other female philanthropist in comparison to her net worth.

Christy was a serving member of The Philanthropy Roundtable, a non-profit organization serving to maintain donor privacy and freedom to support philanthropic causes.

Here are our favorite quotes from Christy Walton:

  • “Expenses should never exceed one percent of our purchases.” – Christy Walton
  • “I think we’re at a turning point in how we represent Latino culture.” – Christy Walton
  • “All of us question the nature of divinity.” – Christy Walton
  • “I really connect with Ultima.” – Christy Walton
  • “I had a near-death experience – when I realized how easy it was to die, I had a few questions.” – Christy Walton

 

3 Amazing Lessons From Christy Walton

Christy credits feeding her son, Lukas, an all-organic diet that caused the cancer tumor threatening his life to shrink and saving him.

Now that you know all about Christy Walton’s net worth, here are some of the best success lessons to learn from Christy Walton:

 

1. Focus On Giving Back To Your Community

Christy Walton’s dedication to helping those in need is evident from her consistent focus on investing in youth and education.

She has used her financial position to ensure that worthy causes are supported and able to continue with sufficient financial backing.

 

2. Resilience Comes From Within

Despite her great wealth, Christy has had her share of tragedies, losing her husband and nursing her son through a deadly illness.

Through it all, she has remained steadfast in her belief that she can help others, in spite of the turmoil in her own life.

 

3. Influence Others Through Art

Christy Walton’s film production company, Tenaja Productions, underscores her belief that one can leverage wealth and influence for creative endeavors.

Using her money and power, she can support film projects that resonate with her belief that she can help change cultural narratives through education.

 

Summary 

After living in relative obscurity, Christy was thrust into the limelight following the death of her husband in a plane crash.

Having already dealt with the trauma of nursing her son through a deadly cancer scare, Christy managed to keep going against all odds.

It is a testament to her belief in serving others and her willingness to get involved that she continues supporting those who need it most.

As of May 2024, Christy Walton’s net worth is estimated to be $11.5 Billion.

What do you think about Christy Walton’s net worth? Leave a comment below. 

John is a professional accountant with a passion for writing. When not helping clients identify tax and financial opportunities, you can find him writing, sailing offshore, or flying a plane. He’s worked and partied with the rich and famous from around the world, getting an inside look at the secretive lifestyles of high-net-worth celebrities.

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Net Worth

Kodak Black Net Worth

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Kodak Black Net Worth

What is Kodak Black’s net worth?

Net Worth:$5 Million
Age:26
Born:June 11, 1997
Gender:Male
Height:1.70 m (5 ft 7 in)
Country of Origin:United States of America
Source of Wealth:Professional Rapper
Last Updated:May 2, 2024

Introduction

As of May 2024, Kodak Black’s net worth is estimated to be $5 Million.

Bill K. Kapri, better known as Kodak Black, is an American rapper.

Black is noted for his singles ‘Zeze’, ‘Roll in Peace’, ‘Tunnel Vision’, and ‘No Flockin’, as well as his numerous legal issues.

 

Early Life

Bill K. Kapri “Kodak Black” was born on the 11th of June, 1997, in Pompano Beach, Florida.

His father left the family soon after Kodak was born, and he was raised by a single mother.

Kodak and his mother shifted to a nearby housing society in Golden Acres, where many immigrants from Haiti also lived.

Kodak began selling drugs and indulging in other petty crimes at an early age.

He was not interested in school and had a poor attendance record. He got into several fights in school, which led to his expulsion from the school on many occasions.

 

Career

Kodak Black's Career

Kodak Black started in 2009 when he joined the rap group Brutal Youngnz when he was 12. 

He released his first mixtape, Project Baby, a year later, which he followed with Heart of the Projects in 2014 and Institution in 2015. 

Black’s popularity soared soon after when Drake posted a video of himself dancing to Kodak Black’s song “Skrt.” 

He was then signed with Atlantic Records and was set to join Lil Uzi Vert on the Parental Advisory Tour, but ultimately couldn’t attend. 

 

Kodak Black’s Big Break

In 2016, Kodak Black appeared on French Montana’s single “Lockjaw,” and his single “Skrt” hit No. 10 on Billboard’s Hip-Hop Singles chart. 

After releasing his fourth mixtape, Lil B.I.G. Pac, Black was included on XXL magazine’s 2016 Freshman Class list. 

The following year, Kodak released his single “Tunnel Vision,” which debuted at no. 27 and peaked at no. 6 on the Hot 100. 

In March 2017, he released his debut album, Painting Pictures, which sold 71,000 copies in its first week. 

That same year, he released Project Baby 2 and its deluxe version, Project Baby 2: All Grown Up, with the single “Codeine Dreaming.” 

Unfortunately, following a raid on his home, Kodak Black was arrested in January 2018 but was able to release Heart Break Kodak in February. 

In December of that year, he released his second album, Dying to Live, which featured Travis Scott and Offset on the single “Zeze.”  

This album also featured Lil Pump and Juice WRLD and a tribute to XXXTentacion, who died in June 2018 after being shot. 

In 2019, Kodak released “Zombie” with NLE Choppa and “Because of You,” followed by a music video. 

 

Kodak Black’s Recent Work

Kodak Black released his third album, Bill Israel, in November 2020 while he was in prison for firearms possession. 

That year, he served his sentence at Big Sandy’s high-security prison before being transferred to Thomson Penitentiary in October. 

In 2021, then-president Donald Trump commuted Black’s sentence, though he was still facing charges of criminal sexual assault. 

After being released, Kodak released “Last Day In” and was featured on Lil Yachty’s “Hit Bout It” in February. 

That same year, he released the mixtape Haitian Boy Kodak, which he used to celebrate his Haitian roots. 

His next project, Happy Birthday Kodak, was released in June to celebrate his 24th birthday. 

In February 2022, he released his fourth studio album, Back for Everything, which peaked at no. 2 on the Billboard 200. 

Soon after, he released “Walk/Spin” and announced he was leaving Atlantic Records for an eight-figure deal with Capitol Records. 

His final project with Atlantic was the mixtape Kutthroat Bill: Vol. 1, released in October 2022. 

Most recently, Kodak Black was arrested in Florida, and although he posted bail, he was quickly back in federal custody after violating his probation.

After being released from jail in February 2024, he threatened to punch a reporter and threw rocks at a journalist covering his release.

 

Kodak Black Net Worth

As of May 2024, Kodak Black’s net worth is $5 Million.

 

Highlights

Here are some of the best highlights of Kodak Black’s career: 

  • Skrt (Song, 2016) 
  • Tunnel Vision (Song, 2017) 
  • MTV Video Music (Best New Artist, 2017) – Nominated 
  • ZEZE (Song, 2018) 

 

Favorite Quotes from Kodak Black

Kodak Black Picture Quotes 1

“I’m a product of my environment. I grew up in the projects, I’m a project baby. All the project babies can relate to what I say, ‘cause they’re on the same thing. We’re cut from the same cloth, you feel me? We going through the same struggle and all that shit. So, they gonna feel me. And all the other people, they just like what I’m saying, they just like my drive.” – Kodak Black

 

Kodak Black Picture Quotes 2

“But I feel like I have enough knowledge to get me by in life. Obviously, I don’t know everything, but I feel like I have enough knowledge to get me through.” – Kodak Black

 

Kodak Black Picture Quotes 4

“I have a huge drive. I was born with nothing. So I was always brought up like: go get it. No matter what. Even if it’s scoping and poking. Rapping and trapping. You know, I did it. I switched my whole grind up from doing that, from scoping and poking, to just getting in a booth and just doing my thing.” – Kodak Black

 

Kodak Black Picture Quotes 3

“I just hope to continue to be blessed.  Elevate to something bigger. Somebody bigger. Somebody better.” – Kodak Black

 

Kodak Black Picture Quotes 5

“I will just be doing me. I don’t listen to rappers, but I’ll listen to it if it’s a good song. But, I don’t look up to nobody.” – Kodak Black

View our more extensive collection of the best Kodak Black quotes!

 

3 Strong Lessons from Kodak Black 

Now that you know all about Kodak Black’s net worth and how he achieved success Let’s take a look at some of the most substantial lessons we can learn from Kodak Black:

 

1. Go Against All Odds

You gotta go against all odds, you know? Boss your life up.

 

2. Don’t Gamble Your Life

Change your life today. Don’t gamble on the future; act now, without delay.

 

3. Change Your Negative Mindset

Change your thoughts, and you change your world.

 

Frequently Asked Questions

 

How much is Kodak Black worth?

Kodak Black’s net worth is estimated to be $5 Million.
 

How old is Kodak Black?

Kodak Black was born on June 11, 1997, and is currently 26 years old.
 

How tall is Kodak Black?

Kodak Black’s height is 1.70 m, equal to 5 ft 7 in.
 

Summary

Kodak Black is a controversial rapper best known for his singles ‘Roll in Peace’, ‘Tunnel Vision’, and ‘No Flockin’.

Although Black is very young, he is already very successful.

His debut album ‘Painting Pictures’ reached the third spot on the Billboard 200 chart. 

As of May 2024, Kodak Black’s net worth is approximately $5 Million.

What do you think about Kodak Black’s net worth? Leave a comment below. 

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Entrepreneurs

Amancio Ortega Net Worth

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Amancio Ortega Net Worth

Net Worth:$98.3 Billion
Age:88
Born:March 28, 1936
Gender:Male
Height:1.73 m (5 ft 8 in)
Country of Origin:Spain
Source of Wealth:Entrepreneur
Last Updated:May 2, 2024

What is Amancio Ortega’s net worth?

Introduction

As of May 2024, Amancio Ortega Gaona’s net worth is approximately $98.3 Billion.

Amancio Ortega Gaona is a Spanish billionaire businessman.

Ortega is the founder and former chairman of Inditex fashion group which is best known for its chain Zara clothing and accessories shops.

He is the second-wealthiest person in Europe after Bernard Arnault

 

Early Life 

Amancio Ortega Gaona was born in Busongo de Arbas, Leon, Spain on the 28th of March, 1936.

He is the son to Antonia Ortega Rodriguez and Josefa Gaona Hernandez. He mostly spent his childhood in Leon. 

Ortega left school at an early age and moved to A Coruna at the age of 14.

Shortly after, he found a job as a shop hand for a local shirtmaker called Gala, which still sits on the same corner in downtown A Coruña. 

 

Career

Amancio Ortega grew up as the son of a railway worker and landed his first hand-made shirt job when he was 14. 

Unlike Philip Anschutz or David Thomson, Ortega didn’t have family wealth to help him start his career, so he built himself independently. 

In 1963, he founded Confecciones Goa, a business selling quilted bathrobes, which helped him earn much money. 

After marrying Rosalia Mera Goyenechea in 1966, the couple opened the fast fashion company Zara in 1975. 

 

The Retail Industry

Since its launch, Amancio Ortega’s Zara brand has opened stores worldwide, with 2,007 locations currently. 

In 2010, it became one of the most popular brands online when it opened its online boutique in Jordan, Austria, Ireland, Belgium, and Luxembourg. 

In subsequent years, the online boutique expanded to include the U.S., Russia, Canada, Mexico, India, Brazil, and more. 

By 2015, Zara had become one of the top global brands specializing in clothing and home designs. 

In 2021, Zara launched its first beauty line, Zara Beauty, a detergent that reduces abrasion during wash cycles. 

The same year, Zara left Venezuela following economic struggles in the country, and in 2023, it left Russia after selling the business there to Fashion and More Management. 

 

Zara Controversies

While not as controversial as Elon Musk nowadays, Amancio Ortega has still been in trouble throughout his career. 

In 2007, he faced backlash after a customer complained about a swastika design on a handbag that came from an outside supplier. 

Zara later faced accusations of antisemitism for selling a striped toddler t-shirt with a large yellow star on the chest. 

Although the design was supposed to be based on an old west sheriff, others felt it resembled a concentration camp uniform. 

The shirt was removed a few hours after it went up for sale, and the brand apologized for the misunderstanding. 

In 2011, Zara was accused of using sweatshops to produce products after a factory in Brazil was closed for poor labor conditions. 

A few years later, BBC News reported they had found evidence of child labor in factories in Turkey, and Zara responded that the issues had since been solved.  

Most recently, the Finnish Occupational Safety and Health Administration found illegal labor practices in four Zara stores. 

 

Ortega’s Other Ventures

In 2009, Amancio Ortega became part of the Inditex group, owning 59.29%, which included the Zara brands, Massimo Dutti, Bershka, and more. 

After retiring from Inditex in 2011, he purchased the Torre Picasso skyscraper in Madrid and the Epic Residences and Hotel in Miami, Florida. 

In 2017, the Spanish Association of Foundations awarded him the Philanthropic Initiative Award after he donated €300 million to cancer foundations in Spain. 

That year, he also became the wealthiest man in the world, beating Bill Gates, who has since overtaken him once more. 

In 2020, Ortega’s investment company, Pontegadea, was worth $17 billion, though he reportedly lost $10 billion due to the pandemic.

As of 2016, he owned around 60% of Inditex, the holding company for Zara and related chains. 

 

Amancio Ortega Net Worth

As of May 2024, Amancio Ortega’s net worth is estimated to be roughly $98.3 Billion.

 

Amancio Ortega’s Net Worth Over Time

YearNet Worth
2009$18.3 Billion
2010$25 Billion
2011$31 Billion
2012$57.5 Billion
2013$57 Billion
2014$64 Billion
2015$64.5 Billion
2016$67 Billion
2017$71.3 Billion
2018$70 Billion
2019$62.7 Billion
2020$55.1 Billion
2021$77 Billion
2022$59.6 Billion
2023$77.3 Billion
2024$98.3 Billion

 

Highlights 

Here are some of the best highlights of Amancio Ortega’s career:

  • Founded Confecciones Goa (1972)
  • Zara became a part of the Inditex group (2009)
  • Ortega owned 60% of Inditex (2016

 

Favorite Quotes From Amancio Ortega 

“The life experiences which have made me grown as a human being, an entrepreneur and a citizen are based upon a number of principles which I deem deeply valuable: Solidarity, Understanding, Commitment, Hard-work Reliability, and Faithfulness.” – Amancio Ortega 

“We cannot limit ourselves to continuing on the path we have already opened and once again we will have to be enthusiastic and exacting in order to convert ideas and projects into reality in a world that is advancing at great speed.” – Amancio Ortega

“My true and simple desire is that, through the strategies and activities of the Foundation, the results of my life experience, both personal and professional, may reach all those members of the society who might be in special need of backing and encouragement.” – Amancio Ortega 

“The successful combination of intense expansion and renewed business efficiency has only been possible through the immense effort of our team at all levels of the organization.” – Amancio Ortega 

 

3 Rules for Success from Amancio Ortega 

Now that you know all about Amancio Ortega’s net worth and how he achieved success, let’s take a look at some of the lessons we can learn from him:

 

1. Introverts can thrive as entrepreneurs

Most entrepreneurs are extroverts, but that is by no means necessary for success.

Many great entrepreneurs are introverts, and Amancio Ortega is one of them. 

Little is known about the retail conglomerate because he makes a lot of effort to avoid talking to the press. He once said:

“You must appear three times in the newspapers: when you are born, get married, and die.” 

Don’t be discouraged if you aren’t the life of the party because you can still run a profitable business.

 

2. Be humble and modest

Being successful in life doesn’t mean that you can’t still be humble and modest.

Having those traits can be highly beneficial for both your professional and personal lives.

Humility has been found to help us cope better with anxiety, become better leaders and workers, have more self-control, and be more willing to help others.

 

3. Good things come to those who wait

Even though ten years may seem like an eternity when establishing a business, it paid off.

Patience allows you to wait, watch, and know when to act in all aspects of your life. Instead of acting inappropriately or irrationally, with patience, you can step back, regroup, and make the best decision possible.

 

Frequently Asked Questions

 

How much is Amancio Ortega worth?

Amancio Ortega’s net worth is estimated to be $98.3 Billion.
 

How old is Amancio Ortega?

Amancio Ortega was born on March 28, 1936, and is currently 88 years old.
 

How tall is Amancio Ortega?

Amancio Ortega’s height is 1.73 m, equal to 5 ft 8 in.
 

Summary

Amancio Ortega is one of the wealthiest businessmen and fashion founders in Europe.

He is behind some of the most famous brands, such as Breshka, Zara, and Tempe. 

As of May 2024, Amancio Ortega’s net worth is estimated to be roughly $98.3 Billion, making him one of the richest entrepreneurs in the world. 

What do you think about Amancio Ortega’s net worth? Leave a comment below. 

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Entrepreneurs

Philip Anschutz Net Worth

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Philip Anschutz Net Worth

What is Philip Anschutz’s net worth? 

Net Worth:$11 Billion
Age:84
Born:December 28, 1939
Gender:Male
Height:Unknown
Country of Origin:United States of America
Source of Wealth:Businessman
Last Updated:May 2, 2024

Introduction   

Philip Anschutz is an American billionaire businessman.

Anschutz owns or controls companies in various industries, including energy, railroads, real estate, sports, newspapers, movies, theaters, arenas, and music.

In 2004, he purchased the parent company of the Journal Newspapers.

As of May 2024, Philip Anschutz’s net worth is estimated to be roughly $11 Billion. 

 

Early Life 

Philip Frederick Anschutz was born on the 28th of December, 1939, in Kansas.

Anschutz is the son of Marian and Frederick Benjamin Anschutz. His father was an oil tycoon and land investor.

His grandfather was an ethnic German who emigrated from Russia and started the Farmers State Bank in Russell.

He grew up in Russell, Kansas. He graduated from Wichita High School East in 1957.

In 1961, he earned a bachelor’s degree in business from the University of Kansas, where he was a member of the Sigma Chi Fraternity.

 

Career 

When Philip Anschutz was born, he was already one of the wealthiest people in America, the son of an oil tycoon and land investor. 

After graduating high school, Anschutz earned a bachelor’s degree in business from the University of Kansas in 1961. 

In 1970, he purchased one of the largest farming corporations in America, Baughman Farms, for $10 million. 

The following year, he bought 9 million acres along the Utah-Wyoming border, which he used to create the Anschutz Ranch. 

However, in 1978, oil was discovered in the area, and Anschutz was able to sell the rights to Mobil for $500 million. 

 

Land, Oil & Petroleum

After his oil discovery, Anschutz purchased land in the Western U.S., becoming one of the country’s largest landowners. 

In 1984, Philip Anschutz purchased Rio Grande Industries and, four years later, purchased Southern Pacific Railroad. 

Following the merger between Southern Pacific and Union Pacific in 1996, Anschutz became the vice-chairman of Union. 

Around the same time, he became the director of Forest Oil Corporation, the director and chairman of Qwest, and a director of Pacific Energy Partners. 

In 2001, the Bush administration upheld Anschutz’s right to drill for oil in Montana, where local Native Americans wanted to preserve rock drawings. 

Fortunately, a year later, Anschutz gave up his plans for drilling and donated his leases to the National Trust for Historic Preservation. 

Anschutz left Qwest in 2006 and, two years later, bought Xanterra Parks and Resorts, followed by the Oklahoma Publishing Company. 

Like the Elon Musk of oil and rail, Philip Anschutz has amassed billions from his business ventures. 

He has even ventured into the entertainment industry and has owned numerous American soccer teams throughout his career.

 

Sports & Other Ventures

Along with owning the Coachella Music Festival, Anschutz also owns some of the richest soccer teams in the United States. 

As one of the founders of Major League Soccer, Philip Anschutz has owned the L.A. Galaxy, Chicago Fire, Colorado Rapids, D.C. United, and Houston Dynamo. 

However, he only owns Galaxy after selling his stakes in the other teams he previously controlled most of. 

Anschutz has also financed the distribution of Christian-themed films, including The Chronicles of Narnia: The Lion, the Witch, and the Wardrobe

In addition, Anschutz has invested in the Clarity Media Group, which includes the newspapers The Oklahoman and The Washington Examiner

Anschutz has since trademarked the name “Examiner” in over 60 cities across the United States. 

He has also invested in Oil & Gas Clearinghouse and NRC Broadcasting, which owns radio stations in Colorado. 

In 2008, he purchased LightEdge Solutions and, in 2011, acquired Oklahoma Publishing Company. 

Outside of this, Anschutz has been active in politics and has donated to conservative think tanks, including the Federalist Society and the Heritage Foundation. 

Most recently, he was found to have donated $75k to the Attorneys General Association days after Roe v. Wade was overturned. 

While he stated he didn’t support the law’s overturning, he was still criticized for the timing of his donation.

As of May 2024, Philip Anschutz’s net worth is estimated to be roughly $11 Billion. 

 

How Does Philip Anschutz Spend His Money?

Philip Anschutz spends some of his money on his real estate in Colorado and other purchases. 

 

Philip Anschutz’s Home 

Anschutz owns a beautiful home in Denver, Colorado. 

 

Philip Anschutz’s Other Purchases 

Anschutz owns stakes in the Los Angeles Lakers and Los Angeles Kings and venues, including the Staples Center, O2 Arena, and the Home Depot Center.

 

Highlights

Here are some of the best highlights of Philip Anschutz’s career:

  • Circle A Drilling (1961) 
  • Journal Newspapers (2004) 

 

Favorite Quotes from Philip Anschutz 

“Properties like the Broadmoor diminish greatly in number over time. They flourish best if owned by a family with the values of stewardship, as opposed to seeing them as just another asset.” – Philip Anschutz

“Some of the early speculation I saw in the press was that I am a rail fan. I’m not. This is not a hobby. This is a full-time business, and a very serious one at that. We’re making this railroad work.” – Philip Anschutz

“I must have had an early leaning toward business. Not that I had an understanding of this when I was 10 years old, but when you see what can be done, the possibilities, you want to be involved in something. You want to own it.” – Philip Anschutz

“We are fortunate to employ a wealth of diverse individuals throughout our family of companies, all of whom are important to us – the only criteria on which they are judged is the quality of their job performance; we do not tolerate discrimination in any form.” – Philip Anschutz

“There is nothing magic. We own 100-percent interest of venues around the world and partial interests in ventures around the world. We own 100-percent sports teams, and we own partial sports teams. There’s no magic here.” – Philip Anschutz

 

3 Powerful Lessons from Philip Anschutz 

Now that you know all about Philip Anschutz’s net worth and how he achieved success, let’s take a look at some of the lessons we can learn from him: 

 

1. Sidelines 

Sitting on the sidelines all the time doesn’t do any good.

 

2. Authentic Things 

People want to do authentic things. They want to go horseback riding, fishing, shooting or searching for turtle nesting spots on the beach. 

 

3. Adversity 

Adversity is a considerable advantage – as long as you think of it as an advantage – because it helps you do things you never thought you could do.

 

Frequently Asked Questions

 

How much is Philip Anschutz worth?

Philip Anschutz’s net worth is estimated to be $11 Billion.
 

How old is Philip Anschutz?

Philip Anschutz was born on December 28, 1939, and is currently 84 years old.
 

How tall is Philip Anschutz?

Philip Anschutz’s height is Unknown.
 

Summary

Philip Anschutz is an American entrepreneur who was born in Russell, Kansas.

Anschutz is the founder of Quest Communications and former owner of the Union Pacific Railroad.

His media empire includes the newspaper publishing company Clarity Media Group, the cinema chain Regal Entertainment Group, and the Anschutz Film Group. 

As of May 2024, Philip Anschutz’s net worth is estimated to be roughly $11 Billion. 

What do you think about Philip Anschutz’s net worth? Leave a comment below. 

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