5 Super-rich People in Colorado

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Forbes published its 35th annual billionaire list. The number of individuals on the list has increased to an all-time high of 2,755 since many on the list are currently 86 percent wealthier than they were a year before.

There are 660 more billionaires than last year, and the world's wealthiest individuals have amassed more than $5 trillion in value in just a year. Since March 2020, billionaires in Colorado have gained nearly $10 billion in wealth.

Here is a list of some of the people from Colorado that made it into the club of the super-rich people.

Philip Anschutz

Philip Anschutz has amassed fortunes in mining, railroads, telecommunications, real estate, and movies over the course of five decades.

He controls the NHL's Los Angeles Kings and a third of the Los Angeles Lakers, as well as the Staples Center, where they play.

Anschutz Entertainment Group owns and runs over 100 stadiums and music halls around the country.

Anschutz plans to develop one of the world's largest wind turbines on 300,000 acres he owns in Wyoming.

Anschutz put his entrepreneurial acumen to the test when he was six years old, selling Kool-Aid from a wheeled stand he constructed on a local college campus.

Charles Ergen

Charlie Ergen is the co-founder and chairman of Dish Network and EchoStar, a satellite communications group.

In 1980, Ergen started selling satellite dishes from the back of a truck in Colorado.

In 1996, he went public with Dish. It now has more than 11 million users.

EchoStar was spun off from Dish in 2008 and now has over two dozen satellites in orbit.

Dish is developing a 5G network to reach at least 70% of the United States by 2023 as a condition of the Sprint-T-Mobile merger in 2020.

John Malone

John Malone, dubbed the Cable Cowboy, is noted for his affinity for media partnerships and convoluted organizational systems.

Malone served as the right-hand man to TCI creator Bob Magness from the 1970s to the 1990s (d. 1996).

At the age of 29, Malone became the CEO of TCI, which he sold to AT&T for more than $50 billion in 1999.

In January 2017, his Liberty Media, which owns the Atlanta Braves baseball team, completed a $4.4 billion purchase of Formula 1 racing.

Malone stepped down from the boards of Charter Communications and Lions Gate Entertainment in 2018.

Mark Stevens

Mark Stevens, a Silicon Valley venture capitalist, was a director at Sequoia Capital when the company made investments in Google, PayPal, and LinkedIn.

Via his company S-Cubed Capital, he is now investing in startups.

Stevens joined Sequoia in 1989 after working at Intel and Hughes Aircraft, and stayed for the next two decades.

He is a board member of Nvidia, a fabless semiconductor company, and a partial owner of the Golden State Warriors NBA basketball team.

Stevens was suspended from the remainder of the NBA finals after pushing a player on the Toronto Raptors team during an NBA finals game on June 5, 2019.

Stevens was also barred from attending games for a year and fined $500,000 for moving Raptors' Kyle Lowry and using obscene words, according to the NBA.

Pat Stryker

Pat Stryker is a philanthropist and the founder of the Bohemian Foundation, a non-profit organization that promotes music, community, national, and civic initiatives.

Over the course of her life, the healthcare heir has donated $225 million to charities, mainly through her foundation.

Stryker Corp., founded by her grandparents, sold $14.4 billion in surgical equipment in 2020.

She and her pal, Jon Stryker, gave a combined $10 million in 2016 to help fund the nation's first memorial to lynching victims of racial terror.

Her foundation announced in September 2017 that it will match up to $3 million in contributions to hurricane relief from Colorado residents.

What do you think of all these super-rich individuals?

Source:

https://www.denverpost.com/2021/04/08/coloradans-forbes-2021-billionaires-list/

https://www.forbes.com/profile/philip-anschutz/?list=billionaires&sh=7712e05e5fdb

https://www.forbes.com/profile/charles-ergen/?list=billionaires&sh=6f43f8fc1daf

https://www.forbes.com/profile/john-malone/?list=billionaires

https://www.forbes.com/profile/mark-stevens/?list=billionaires

https://www.forbes.com/profile/pat-stryker/?list=billionaires&sh=65467c813542

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