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 |