Saturday, September 22, 2007

14 of Forbes’ Richest Call Dallas Home


Found an interesting local blog this morning called Dallas is My Home. They posted this about the recent Forbes 400 List:


For a city that logistically has no reason to exist as a major metropolitan market, Dallas hasn’t done too bad for itself.

In Forbes Magazine’s recent list of the 400 wealthiest Americans (Forbes does have a fixation with lists!), 14 of that stellar class make their homes here.

They include:

  • Harold Simmons at #43 on the list. At the age of 76, he’s worth $7.4 billion. His money is from investments.
  • Robert Rowling is #49 with $6.4 billion. His pockets are lined with the profits from oil, gas & investments.
  • Henry Ross Perot is #76 with 4.4 billion at the age of 77. His money is from computer services and real estate.
  • Ray Hunt is #82. At $4.0 billion, he made his money in oil and real estate. He’s 64 and a modern day JR Ewing.
  • T. Boone Pickens is #117. At the age of 79, he’s worth $3.0 billion. His loot is from investments, oil and gas.
  • Mark Cuban is a young’un at 49 and is #161 on the list with $2.6 billion. His money is from Broadcast.com and he’s the owner of the Dallas Mavericks (NBA) and a recently named contestant on ABC’s “Dancing with the Stars”.

    With 6 Dallasites tied at #117 with $1.5 billion each, they include:

  • Gerald J. Ford. At the age of 63 he made his money in banking.
  • Andrew Beal. He’s 54 and his resources came from Beal Bank and real estate.
  • Timothy Headington. 57 years old from oil and investments.
  • Todd Wagner. At 47, he’s also from Broadcast.com.
  • Trevor Rees-Jones. At 57 he’s from oil.
  • Jerry Jones. 64 years old (though still trying to pass for 50 with all that plastic surgery he’s had done) and owner of the Dallas Cowboys (NFL) which was recently named the world’s most valuable sports franchise.

    Another tie at #380 with $1.3 billion each are:

  • Thomas Hicks at the age of 61, he made his money from leveraged buyouts.
  • Kenny Troutt at 59. He founded Excel Communications.


Lots of money in this silly little town that, as they rightly say, has little natural reason to exist....

How are you tapping into this vast well?