Clinton and Warren Buffet. Saylor’s
company is famous for having the
most alums who went on to create
their own start-up ventures: 21 former
MicroStrategy employees have gone
on to start 12 companies in Maryland
alone. His Saylor Foundation supports
many charitable organizations, including
Best Buddies International, Fight for
Children and the American Red Cross.
DWIGHT SCHAR
Dwight Schar started his career
on a very specifi c kind of board – a
blackboard, as a humble schoolteacher.
Supplementing his modest income
with a weekend sales job with Ryan
Homes, he took a leap of faith, leaving
academia and purchasing the thenbankrupt
company; this grew into
the Goliath homebuilder-mortgage
company NVR. Schar’s political
ventures are no less bold; he’s a major
player in Northern Virginia and was
a part of the 1999 Virginia GOP
delegation promoting then-Governor
Bush to make a run at the White House.
Bush returned the favor, choosing the
Schar residence as home base for a
posh GOP fundraiser. Business and
politics mixed; Schar says that Bush’s
support for limits on lawsuits against
homebuilders was the dealmaker as far
as his support was concerned. These
days everything’s coming up roses for
the Schars; he’s invited to state dinners,
was appointed as a Kennedy Center
trustee in 2002 and bought a ten
percent stake in the Redskins for an
estimated $100 million. |
DOUG SMITH
In the early ’90s, Doug Smith was
building a wireless telecommunications
company called Omnipoint, which
would grow to 2,500 employees before
merging with Voicestream and two
other regional companies in 2000. His
wife, Gabriela Smith, ran health and
education projects in Bolivia; their
common interests in children and
education led to heavy involvement
with Venture Philanthropy Partners, to
which they are greatly committed to
date. The Smiths started the Amanter
fund (which means “to love” in Latin),
which focuses on supporting these same
principles of family and knowledge.
$200 MILLION TO $300 MILLION
JOHN E. AKRIDGE III
Ever shop for strawberry Pocky
at Da Hua in Chinatown or stroll to
see presidential mugs at the National
Portrait Gallery? If so, tip your hat
to John Akridge, a major player in
Gallery Place’s construction. A builder
by trade, Akridge is still an Eagle Scout
at heart: “Make sure it’s legal, moral
and ethical fi rst,” he says, and then
adds, “Hopefully, it will also make
money.” Akeridge’s days as a Scout
fostered his fascination with the great
outdoors, and today his Eastern Shore
farm functions as a demonstration site
for protecting wetlands and wildlife,
which befi ts his status as leader of
the Nature Conservancy and the
Chesapeake Bay Foundation. |
JOE AND ROBERT ALBRITTON
Although there was no evidence he
knew about the illegal activities, avid
equestrian Joseph Albritton became
something of a dark horse himself
following the Augusto Pinochet–Riggs
Bank investigation. Running true to
form, Albritton rallied from the scandal,
and in 2004 Riggs was sold to PNC
for approximately $652 million. At that
point, Albritton owned 41 percent of
the stock. A journalistic buff, Albritton
has backed or owned The Washington
Star in the Ford-Carter days and started
The Politico and Politico.com in 2007. The
Washington Post once described Joe as
“quiet, private, philanthropic, boardsitting,
art-buying, [and] horse-racing.”
Not a bad list.
ERIC BILLINGS AND J. ROCK TONKEL JR.
Friedman, Billings and Ramsey’s
co-founder, Billings, and president,
Tonkel, should be sleeping a bit better
at night now that the Securities and
Exchange Commission has concluded
the investigation of “Chinese Walls,”
the separation between investment
banking and other areas of the fi rm
and paid their fi ne of $4.5 million.
FBR’s revenue ($995 million) was
down 10 percent last year and they
lost their stronghold on real estate
and financial service companies,
but insiders are still confi dent that
Billings and Tonkel’s leadership will
continue to successfully guide the
fi rm. The bottom line is that Billings
and Tonkel have been good to the
|
Washington community. Through
the firm’s foundation and their
personal efforts, they actively support
a number of charitable organizations
including the boards of Boys & Girls
Clubs of Greater Washington, board
of visitors for the Robert H. Smith
School of Business, and Greater
Washington Sports Alliance.
SAMUEL W. BODMAN III
As secretary of energy, Bodman
may well advocate conserving
resources, but when it comes to money,
he’s good to go. Interestingly, Bodman
began life as a man of science, receiving
his ScD at the Massachusetts Institute
of Technology, and for the next six
years served as an associate professor
of chemical engineering there. Later,
he married scientific knowledge
with business acumen, becoming
chief operating officer of Fidelity
Investments and later director of Cabot,
the Boston-based global chemicals
behemoth. Politically, Bodman has
contributed to republican causes.
KEN BRODY
Ken Brody sees the big picture
where investments are concerned;
as environmentalists advise, he
thinks globally and acts locally. A
milkman’s son, Brody originally had an
engineering degree; his enrollment in
the Harvard Business School changed
his life, leading him to two decades at
Goldman Sachs and a lifetime friendship
with Bill Clinton. Brody is the cofounder
of the investment fi rm Taconic |