Posted on 02/20/2004 7:50:10 PM PST by nypokerface
The new billionaire owner of the San Francisco Examiner hasn't given a substantive interview since 1974 and thoroughly protects his privacy. But it's clear that Philip Anschutz is a dealmaker of the first order.
A Kansas native who has lived in Denver for the past 42 years, the 64- year-old Anschutz is the chairman and owner of Anschutz Co., a highly diversified firm that owns or has investments in about 100 companies in energy, pipelines, railroads, agriculture, real estate, film production, movie theaters, telecommunications, sports, media and entertainment.
Most notably, Anschutz is the founder and largest shareholder of Qwest Communications International Inc., a telecom concern, and vice chairman of Union Pacific Corp., the nation's largest railroad. He is also a major investor in Major League Soccer, owns the Los Angeles Kings hockey team and is a minority owner of the Los Angeles Lakers.
Forbes.com puts his net worth at $4.9 billion, ranking him number 62 on Forbes' annual list of the world's richest people. Anschutz's wealth is self- made, after his father, who worked wildcat oil wells, asked him to take over the family business when he fell ill in 1961.
A conservative Christian, Anschutz, who could not be reached for comment, has long contributed money to political causes and candidates, including former Sen. Bob Dole. Anschutz also backed the 1992 campaign in Colorado that opposed municipal ordinances that would provide civil rights protections for gays and lesbians.
"He's a very religious man -- it's very important to him,'' said Martin Fridson, a Wall Street specialist in the high-yield bond market who included a chapter on Anschutz in his book, "How To Be a Billionaire.''
(Excerpt) Read more at sfgate.com ...
Sorry, no conservative Christian or anyone in their right mind would be an owner of the Lakers!! :-). (I live in Sacramento, in case you needed a clue...)
In San Fransisco, there is a vastly different meaning to the word.
( I don't watch network TV that much either.. )
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