Philip Anschutz
American billionaire businessman / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Philip Anschutz?
Summarize this article for a 10 year old
Philip Frederick Anschutz (/ˈænʃuːts/ AN-shoots; born December 28, 1939) is an American billionaire businessman who owns or controls companies in a variety of industries, including energy, railroads, real estate, sports, newspapers, movies, theaters, arenas and music. In 2004, he purchased the parent company of the Journal Newspapers, which under Anschutz's direction became the American conservative editorial newspaper Washington Examiner. Anschutz is the son of Fred and Marian Pfister Anschutz.
Philip Anschutz | |
---|---|
Born | Philip Frederick Anschutz (1939-12-28) December 28, 1939 (age 84) Russell, Kansas, U.S. |
Alma mater | University of Kansas |
Occupation | Businessman |
Organization | The Anschutz Corporation |
Spouse | Nancy Anschutz |
Children | 3 |
In 1961, he bought out his father's oil drilling company, Circle A Drilling, and earned large returns in Wyoming. He invested in stocks, real estate and railroads. He expanded his investments to sports and entertainment companies, co-founding the American association football/soccer league Major League Soccer as well as multiple soccer teams, including the Los Angeles Galaxy, Chicago Fire, Colorado Rapids, Houston Dynamo, San Jose Earthquakes, and the New York/New Jersey MetroStars. Anschutz is the principal owner of the National Hockey League's Los Angeles Kings and was a minority owner of the National Basketball Association's Los Angeles Lakers until selling his interest in 2021. He also owns stakes in performance venues, including the Staples Center, The O2, London, and the Dignity Health Sports Park. Through his ownership of Walden Media, he has invested in films such as The Chronicles of Narnia, Ray, and Joshua. Through AEG Live, he owns the Coachella Valley Music and Arts Festival, Sea Island Resorts and The Broadmoor hotel in Colorado. He is also the namesake of CU Anschutz, the medical campus of the University of Colorado.
In 2023, Forbes ranked him the 45th richest person in the United States, with an estimated net worth of $15.3 billion.[1]