The Richest People In America: Philip Anschutz

©AP Photo/Elaine Thompson

#36 Philip Anschutz

$8.0 billion
Source: investments

Entertainment entrepreneur plans on profiting from increasing popularity of basketball in Asia. With the NBA, his AEG (other-otc: AEGXY.PK - news - people ) sports and concert outfit will market, program and operate the Olympic basketball arena in Beijing now that the games are over. First goal: sell the naming rights. Brought soccer phenom David Beckham to U.S. last year in $250 million, 5-year deal. Also owns Kodak Theatre (L.A.), Nokia (nyse: NOK - news - people ) Theatre (Grand Prairie, Tex.), stake in pro basketball's L.A. Lakers, hockey's L.A. Kings. Both teams play in his own Staples (nasdaq: SPLS - news - people ) Center. Son of oil driller bought out dad 1961, struck big in Utah, Wyoming. Holdings include railroads (Union Pacific (nyse: UNP - news - people )), movie theaters (Regal Cinemas); sold billions worth of Qwest shares in recent years.

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