Washington Life Magazine
Washington Life Magazine

the birthday bash of the century (his 60th) at New York’s Park Avenue Armory, attended by billionaires Donald Trump, Leon Black, Wilbur Ross and Thomas H. Lee. No doubt, his vision and largess will be most appreciated at the Kennedy Center for years to come.

$1 BILLION TO $2 BILLION
PETER ANGELOS

A quick Google search provides pages of vitriolic hits from Orioles fans ranting over Angelos’ handling of their team, which he purchased from Eli Jacobs in 1993 for $173 million. “He’ll still blow up any deal, free agent signing or draft pick if he feels like it. And he’ll do it for any reason that pleases him,” one says. When you’re a billionaire [excuse us, Angelos says, “I’m not a billionaire. Multi-millionaire is plenty”], you’re allowed to be somewhat eccentric; being wellliked is no longer of great concern. Angelos’ roots are as a Baltimore trial lawyer and champion of both integration and his hometown – he ran unsuccessfully for mayor in 1963 on the first integrated citywide ticket. In 1992, his wealth and law fi rm expanded exponentially when he represented a large number of plaintiffs in asbestos litigation and won. That’s when Angelos became a Baltimore power player – naturally, a player’s got to have a game, and Angelos chose baseball.
STEPHEN J. BISCIOTTI

“From the ground up” might have eked a wry smile from Bisciotti as he opened his basement offi ce, furnished with little more than second-hand desks and a fi rst-hand knowledge of the temporary help industry. Having lost his own temp job, Bisciotti had insider information on providing aerospace and technology companies with skilled workers; his fi rm, Aerotek, shot into the stratosphere from a humble launching pad of two clients to become the sixth largest staffi ng fi rm in the world. Not bad for a guy with a liberal arts degree.

STEPHEN CASE

Steve Case jumped from Froggies Used Books and Records in Waikiki, to Procter & Gamble, to co-founder of America Online. Now the Hawaiian-born billionaire is running the Revolution Health Group, a $500 million far cry from “You’ve got mail!” The group consists of a dozen companies, from Revolution Health which aims to change the U.S. healthcare system to Exclusive Resorts and Miraval Health Spa. Former Secretary of State Colin L. Powell is an investor and Case lured Carly Fiorina to his board. Case’s wife, Jean, guides the family’s foundation and the couple was recently honored by the nonprofi t CityYear for their commitment to education.

RICHARD FAIRBANK

When one can happily waive
an annual salary and live on stock options, as Fairbank reportedly does, one has it made – especially if that stock is in Capital One, the 11th largest bank in the world. With 2.4 million in shares and vested options valued at $445 million, this fl ush financier quite literally – in the hip-hop parlance – makes “bank”; additionally, he’s “iced out” to the max. A partner in Lincoln Holdings LLC, the owner of the Capitals pro hockey team as well as the Washington Mystics. Fairbanks’ cash cow revolutionized the credit card industry. He had the vision to realize that the cards offer fingerprints of consumer behavior, and that this priceless data can be leveraged competitively to ensure Americans of all income levels get a crack at worry-free shopping … at least, until the bills roll in.

DONALD GRAHAM
In a media town, The Washington Post is big news – and big money. When Donald Graham took the scepter of CEO from mother Katharine Graham in 1991, he inherited a third-generation legacy of powerful punditry. Under the umbrella of The Washington Post Company, the Grahams control Kaplan, Inc., Post Newsweek Stations, Newsweek Magazine, Cable One and other smaller companies. Graham also serves as a director of BrassRing, Inc. and is a member of the Pulitzer Prize Board. He is president of the
District of Columbia College Access Program and a trustee of the Federal City Council in Washington, D.C.

ROBERT L. JOHNSON


BET is a goliath among TV channels; for many young people, it’s a brand, a community voice, style guide, news source and in some ways, a cultural identity. Johnson became the fi rst African-American billionaire in the U.S., after selling the station to Viacom in 2001 for $3 billion. The ninth of ten children growing up in the sleepy hamlet of Hickory, Mississippi, Johnson nevertheless thought big-picture. He recognized the void of black entertainment in the media, fi lling it so successfully that in 1991 BET became the fi rst African- American controlled company listed on the New York Stock Exchange. He has his hand in an assortment of pies at the moment: a recording studio, restaurant (Posh), and has the controlling interest in the Charlotte Bobcats. Returning to cultural avatar status, Johnson started Our Stories, a Los Angeles-based fi lm company, with partner Harvey Weinstein in 2006. P. Diddy only wishes.

SHEILA JOHNSON

It’s highly appropriate that Sheila Johnson’s prospective Salamander Inn and Spa, an 85,000-square-foot French country resort in the heart of Middleburg horse country, should be named after that lively lizard it’s the only animal that can walk

 



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