Lloyd Goldman
Net Worth: $3 billion Source: BLDG Mgmt. Son of real estate investor Irving Goldman, it’s actually his uncle, Sol, who was one of the most prominent real estate investors in NYC during the 1980s. His extensive portfolio included over 600 commercial and residential properties. Now that’s one wealthy landlord! Goldman, through his family ties, inherited a portfolio of these fabled real estate holdings but went down a path that saw him work on urban development. In the 90s, Goldman focused on buying properties that were a little dusty at government auctions. Some years prior, he founded BLDG Management which owns over 250 commercial properties across the United States, and the properties he bought up in the 90s now belong to this extensive portfolio. Pretty darn impressive!
Most recently, Goldman built BLDG Management’s first residential building in NYC, which was a change from the usual holdings of major office skyscrapers in the Big Apple! As well as his business pursuits, Goldman serves on a number of boards of charities – philanthropy is important to him! In 2012 for example, Goldman was elected president of American Associates, Ben-Gurion University of the Negev. He’s also a trustee of the North Shore-Long Island Jewish Health System.
Caroline Rose Hunt
Net Worth: $1 billion Source: H.L. Hunt At one point in time, Caroline Rose Hunt was, in fact, one of the richest women in the United States of America. How’s that you ask? Well, she can thank her inheritance from the H.L.Hunt Oil empire for that title! Passed down from her parents, the entrepreneurial Hunt founded the luxury (and not “five-star” luxury, we’re talking thousands of dollars a night type luxury – think Hôtel de Crillon, Paris, etc) hospitality brand Rosewood Hotels Corporation. Any known celebrities are regulars at her prestigious, uber-luxe hotels, and pretty much is reserved for people who wouldn’t blink at spending $10,000 a night for accommodation. Excessive as it may seem, clearly there’s a market for it, and a burgeoning one at that!
After attending Mary Baldwin College and the University of Texas in North Austin, for the Arkansas-born Hunt, the world truly was her oyster. But she decided to go down a path which saw her become an author and philanthropist, as well as a mother, to five children! Up until she founded Rosewood Hotels (at the age of 55 – never too old to start something!), she didn’t hold any conventional job. But hey, if there’s anyone to be in that predicament, it’s going to be a mega-wealthy billionaire!
Dirk Ziff
Net Worth: $4.8 billion Source: William Bernard Ziff, Jr. Eldest son of publishing magnate William Bernard Ziff Jr. next up is the 54-year-old Dirk Edward Ziff. An American billionaire businessman, he and his two brothers inherited the family fortune. Some quick trivia for you: Ziff’s maternal grandparents, were well known for being war heroes, receiving the Israeli Righteous Among Nations honorific for their efforts to provide sanctuary and refuge to Jewish people during WWII! His father, on the other hand, was the Jewish American media magnate. The Ziff’s reach regarding publications includes PC Magazine, Popular Aviation, Car and Driver and more.
An attendee of Columbia, he received a Bachelor of Arts, and then went on to receive his Master of Business Administration from Harvard University. Ziff and his brothers inherited the family fortune in 1994 after their father sold 95% of the business for $1.4 billion and then retired. Initially, Papa Ziff wanted to pass on the family business, but due to their disinterest, sold and packed up! The brothers formed NYC based Ziff Brothers Investments, investing their inheritances. However, the company dissolved and now they invest independently! Ziff spends his time with former Forbes reporter Natasha Bacigalupo and their two children. Most recently we heard of Ziff resigning from the board of the Weinstein Company after allegations of sexual assault were disclosed. Talk about a scandal!
Donald Newhouse
Net Worth: $12 billion Source: Sam Newhouse Now, this wealth has flowed down from his father, Samuel Irving Newhouse Sr., who was an American broadcasting businessman and magazine and newspaper publisher. He was the founder of Advance Publications in 1922, at 27 years of age. The eldest of eight children born to Jewish immigrants, Sam Meier Neuhaus Americanised his name to Meyer Newhouse! Donald is the heir to the publishing fortune built by his father, which he shares with his brother Samuel Irving Newhouse Jr. He went into the family business, and now owns the controlling stake. It owns famous titles including magazines such as The New Yorker, Vanity Fair, and Vogue. Now that’s an impressive list of holdings.
Aside from magazines, Advance owns papers in American cities, such as The Oregonian, Plain-Dealer, and Star-Ledger. Advance has stakes in Discovery Communications and Bright House Networks, both of which are cable companies. So by diversifying their holdings, Advance has managed to continue with the steady income! According to Forbes, Newhouse has an estimated net worth of $11.8 billion!! Not much is known as to his current situation or what he’s up to, but our guess is that thee 90-year-old is enjoying watching his kids and grandkids grow up!
Randa Williams
Net Worth: $5.6 billion Source: Dan L. Duncan We really only need to write two words here without explaining the whole life story of Randa Williams. Texas. Oil. Ok done, can we go home now? Jokes aside, Randa Williams is the daughter of Dan Duncan, who was the co-founder, chairman and main shareholder of Enterprise Products. In 1957, Duncan worked for Wanda Petroleum, and with $10,000 and two propane delivery trucks, he went on his way to found Enterprise Products Co. He took it public in 1998, and at a peak was worth $9.0 billion. Amazing huh?
Enterprise Products Co. has oil and gas pipelines that span the entire nation. They help America go. The business has remained family-owned, with Randa and her siblings receiving the benefits of the company’s success. Williams, however, was successful in her own right and was a practicing lawyer before becoming the CEO of Enterprise! Upon her father’s death in 2010, Williams inherited $3.1 billion. She made headlines with her siblings when they became the first American billionaires to avoid estate tax (and still aren’t paying tax since the estate tax law’s enactment!). Dang. Williams does have a few philanthropic pursuits, as a board member of Houston Zoo, and a trustee of the Houston Natural Science Museum. Nice!