Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. Chelsea has performed as Corey holds a B.S. 2 spot up from No. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Meet the ultra-rich South Africans you've probably never heard of She never remarried. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt. NDI-NM is a statewide arts education organization in New Mexico that has introduced thousands of New Mexicos children A resident of New York City, Mrs. Diker is a dancer, mother, philanthropist, author and a graduate of Smith College. The bond deal behind it resembles a labyrinth. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. American theoretical physicist J. Robert Oppenheimer (April 22, 1904 - February 18, 1967) had a $2 million estimated net worth. He started borrowing and borrowing and borrowing to make more loans and make more income at that spread between 2 and 5 [percent]," Collins says. (When they divorced six years later, Juliana got a $600,000 settlement, the Lexus, a fur coat and the shar-pei.) Meanwhile, Thornburg's political allies pushed the project forward. $$ Catherine Jordan Oppenheimer, 59 - Santa Fe, NM - Reputation & Contact Subsequent to the economic crash, AIG has received a total of $182.5 billion in federal aid, according to the Government Accountability Office. $$ As the mother of a six year old, she was able to segue Diane currently serves as the chair of NDI New Mexicos Santa Fe Development Committee and member of the Executive Committee. Through his eponymous investment and mortgage companies, Thornburg became one of Santa Fes richest people. "It sold real well," broker Dan Pike says. She joined The Oppenheim Group in February 2015, according to her LinkedIn profile and she works with high net worth clients there . He danced with Kimura is a pianist internationally active in both classical and popular styles. Catherine also answers to C Oppenheimer, Cathy J Oppenheimer and Catherine J Oppenheimer, and perhaps a couple of other names. His leadership of global warehouse giant ProLogis suggests a 21st century free marketeer, but hes got a bookish side, as a former St. Johns College board chair and director of Farrar, Straus and Giroux publishing. He backed several people's Council races. Nigerian cement tycoon Abdulsamad Rabiu is $1.5 billion richer after taking yet another of his companies public, following the listing of BUA Cement in January 2020. Koos Bekker is revered for transforming South African newspaper publisher Naspers into an e-commerce investor and cable TV powerhouse. Lawrence J Burke This First State Bancorp director also has a successful eponymous gallery. Julie Bowdich Does the city have recourse? He is considered one of New Mexicos most committed and humble public servants. What Are The 'Selling Sunset' Cast Net Worths? - Who Makes The Most Critics were a minority. Naguib Sawiris is a scion of Egypts wealthiest family. "Since there was no statutory basis for tax relief to a private commercial developer, Mr. Trump offered to sell the hotel for $1 to the Urban Development Corporation [where Thornburg was then chief financial officer] and lease it back for 99 years at a modest rental in lieu of taxes." Four months after that promotion, Jirby gave birth to a son, Lloyd. A member of the Texas Tobacco Five lawyers, Reaud split $3.3 billion in fees for helping that state win an even bigger settlement against Big Tobacco. EEE Instead of taxes, Thornburg agreed to pay the city a flat sum of $25,000 a year. His Thornburg Charitable Foundation has assets of $23 million (and pays $100,000 a year to Executive Director Suzanne Barker Kalangis, wife of Thornburg Mortgage Director Ike Kalangis). She received her Bachelors of Business Administration, Cum Laude, from Florida International University. "Everybody's happy and, all of a sudden, here's Thornburg," Patrick Collins says. He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam Exchange. Those jobs, and the wealth they created, justified the tax breaks Thornburgs companies won over the years and the public accolades theyve received. The house was off Old Pecos Trail, at 512 Camino Lejo. EEE METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern. But theres another side to the strange economic mix that is Santa Fe. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. Catherine Oppenheimer co-founded the National Dance Institute of New Mexico in 1994 (NDI-NM) and the New Mexico School for the Arts (NMSA) in 2010. . Brian McGrath She graduated from Vassar with a BA in psychology and moved to Washington, DC to begin her career on Capitol Hill. Bloomberg Billionaires Index - Nicky Oppenheimer Sunday Times Rich List 2012 - UK's Richest People | TheRichest The word came on April Fools' Day. Who Is Meaghan Oppenheimer, New Wife Of 'Lucifer' Star Tom Ellis? But that near-parity has slipped dramatically in the second half of the year. She is trained in ballet, Gabriel graduated from the University of New Mexico with a B.A. National Dance Institute of New Mexico is a 501(c)(3) not-for-profit organization and donations are tax-deductible. Santa Fe Community Foundation President Billie Blair says her organization confronts, on a daily basis, the disparity of people who wonder where there next meal is coming from and people of high net worth. For years, Blair used to take wealthy donors to field trips on the Southside, to elementary day camps, low-income housing developments and taquerias. Letters (no more than 200 words) should refer to specic articles in the Reporter. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. A difficult day, CEO Larry Goldstone called it. Money is a slippery thing, especially now. There are two Paul De Domenicos in Santa Fe; the son is 47, the father 75. He was the third generation of his family to run DeBeers, and took the company private in 2001. 1, we had 1 or 2 percent short-term interest rates. All Rights Reserved. "Thornburg Mortgage wasn't the only company out there that was leveraged," Chicaferro says. The quasi-public sector launched Thornburg to Bear Stearns, the recently deceased investment bank. #1272 Catherine Lozick on the 2023 Billionaires - Catherine Lozick inherited an estimated 65% stake in Swagelok, a valve-making business her father, Fred . Among other things, the Waxmans complained that the [outdoor furniture] fabric and fringe delivered were never approved [and] the fabric color did not match the pillows, and there were color samples of the [family room] rug that did not match the family room sofa. When they sued, the Waxmans had already forked over $506,000 in advance payments to the decorators; thats 12 times their annual property tax bill. (Forbes discounts the values of stakes when the public float is less than 5%.). The feds may already have committed three times that much to bail out private financial institutions deemed too big to fail. Larry Goldstone Ellis is certainly a millionaire with his fortune from acting estimated at around $6million. Glassman saved special praise for Thornburg Mortgage: "What makes it attractive is its whopping dividend yield, now 10.1 percent"compared to, say, 2.1 percent for Nike today. Paramount's Bob Marley Biopic First Look Leaves CinemaCon Jammin' History reports that she died in her home in Old Saybrook, Connecticut, from natural causes. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. An active Democrat, Reaud gave $25,000 to Richardsons 2002 gubernatorial campaign. Richardson appointed Frank, a former PricewaterhouseCoopers senior partner who lives in Tesuque, to the State Investment Council this year. In the 1980s, Albin worked in the oil and gas division of monster investment bank Goldman Sachs. Gerald Peters Val Diker "No. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. Oppenheimer Asset Management Review | SmartAsset.com We then used the public database site, Socrata, to create five searchable online databases of this information. "That deal was done to avoid taxes," Lewis Pollack, another Concerned Citizen, says. The 25 wealthiest South Floridians | Miami Herald Our People - NDI New Mexico David R Albin "It was made financially plausible by a 40-year tax abatement from the citythe first ever granted to a commercial property," The New York Times reported in 1983. "We are lucky to be here today," Thornburg told investors later. In the accepted version of events, Thornburg was a victim. Catherine Oppenheimer - United States | Professional Profile - LinkedIn Vicki Ellis, a very successful beauty pageant coach, is portrayed in the program by Catherine Zeta-Jones. Thornburg did, in 1990, to Juliana Feldman. "We don't know where the money's going, what the impact is or what the rate of return is." Jirby filed for divorce in 1986, citing a "conflict of personalities." In February 2008, the Swiss bank UBS reported an $11.3 billion loss based on US mortgages designated as "Alt-A." That was an overstatement, at best. Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. The disadvantage is that REITs must pay out 90 percent of profits to shareholders. "Shouldn't we all go through the same process?" Albert S Waxman The tax-avoidance strategy, foreshadowed by Thornburg's New York bond deals, was transplanted to New Mexico. It's too late for 130 laid off Thornburg Mortgage employees. The post-war economy replaced family farms with shopping malls; Thornburg's generation would bury manufacturing under paperfinance, insurance and real estate. Paul Allen In January 2020, Oppenheimer was slightly behind Rupert with $7.33 billion to his name. Thornburg's classmates included George W Bush's treasury secretary, Hank Paulson, who devised last year's $700 billion bank bailout. Rabiu, the son of a businessman, inherited land from his father. "He wasn't a genius because Bernanke set the short-term interest rate at Thornburg's benefit. Despite the blue-blood cred, Dubin has a foothold here. Wayne A Reaud EEE The 32-year-old has a knack for selling houses in her blood. EEE Patrick Lannan Jr., 70, heads the foundation his financier father founded in 1960. Sarofims daughter Allison reportedly played a centaur in the first Chronicles of Narnia film. (According to Thornburg spokesman Miller, "No one in the family desires to continue in the farming business.") In tax returns filed with the case, Thornburg claimed income of more than a quarter-million dollars a year. Sep 1994 - Jun 201823 years 10 months. Thornburg would keep his company stock and his tax-deferred retirement account. Mark Zuckerberg. Reaud owns the only Gulfstream IV, a 19-passenger business jet that costs roughly $20 million, registered in Santa Fe County. Therefore, we should give him what he wants.'" Kelcy Flanagan He felt Richardson wanted his group to back down. The first time Garrett Thornburg was hurt by the foreclosure of someone else's home, it was 1986. KEY TO SYMBOLS No end of geniuses," Collins says. Of course he's making money. Structural Info Known for movies Sing 1989 as Cujette Source IMDB Although Meaghan wasn't in pageants herself, she definitely had friends that competed, and she knew a lot about this world. EEE Katz's predecessor, Dwyer, says the public doesn't care. He made his first million at age 26 selling lace and distributing soft drinks. TEX He went to Jamaica, where, with US government financing, he developed a 311-unit housing project. $$$ The former RJR Nabisco board chairman and his wife have a $1.5 million home here. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights. She has a BA in special education an a BS and MS in nursing and has worked in both professions over a span of 40 years. J. Robert Oppenheimer Net Worth - Wealthy Genius Paul Cassidy, Chair The process took years and involved thousands of Americans who couldn't afford their home loan payments. Thornburg often said that 97 percent of his business was out of state. Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange. He is a man who made his time. Dewji, Tanzanias only billionaire, signed the Giving Pledge in 2016, promising to donate at least half his fortune to philanthropic causes. The couple made ARTnews top collectors list and serve on the board of the Georgia OKeeffe Museum. She served as Chair, Trustee and Governor of The Childrens Miracle Hospitals Board (Salt Lake City, Utah) which is a Foundation that raises Diane Fisher served as Senior Vice President and General Counsel for Presbyterian Healthcare Services. NDI New Mexico provides children with the tools and skills they need to succeed. We think its important for people whom Santa Fes been good to, who may be from somewhere else, to understand our community. James Ortiz* When a big fish flops, the ripples go far. She received her Sage is a life-long learner and lover of music. "I was an entrepreneur since I was about 5 years old," he told The Santa Fe New Mexican in 2000. E/C He also was a director of CompUSA. Connie Cassidy* The actors ranch is technically in Mora County, but his wife is a partner in a Santa Fe shop. $ = Loaded Kelly Famiglietta* Despite the fact that her net worth is public, she has not disclosed her salary or income in the media. Forbes says Sarofim, 72, is the adopted daughter of Herman Brown, the cofounder of the construction colossus Brown & Root, which was a subsidiary of the military contractor Halliburton until 2007. The Forbes Billionaires List: Africa's Richest People 2022 "It wasn't all that hard. Originally a Lily grew up in Santa Fe. Under the terms, the city owns the campus property and leases it to Thornburg. "Thornburg is often referred to as one of the good guys that's having trouble. she says. He remains property flush, but thats not necessarily helpful when tenants go bust. EEE He Kate Moss grew up in St. Louis, MO prior to heading East to attend Vassar College. He would also keep his father's gun collection and his interest in Thornburg Sheep Co. back in Minnesota. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. CELEBRITIES: You may have heard of them Nicky Oppenheimer net worth: Nicky Oppenheimer's net worth is $8 billion which makes him one of the richest people in South Africa. Local son/property developer Jeff Branch, who also serves as a board member for the Santa Fe Community Foundation, is well known for his transformation of Santa Fes Southside. Africas billionaires are richer than they have been in years. Adenuga, Nigerias second richest man, built his fortune in telecom and oil production. The bills died.) Ocean Munds-Dry is Managing Counsel for ConocoPhillips where she advises the company on New Mexico legal and regulatory matters. $$ish Gilbert is 86. "Investment bankers from New York always got confused: 'Where? Investment group MatlinPatterson lent Thornburg $1.35 billion in 2008, only to abandon its stake last month. She danced competitively Emma began dancing in her formative years in Santa Fe, New Mexico at Dance for Joy and The Dance Feli Blea started their dance career at the age of 8 as part of New Child Players Production Tina Anderson is a Native New Mexican, born and raised in Santa Fe. Tom Ford I have never worked for a finer man or a finer company, David Miller, spokesman for Thornburg Investment Management, which remains in business, says. David Foster He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. He owns 7% of diversified investment firm Remgro, which he chairs, as well as 25% of Reinet, an investment holding company based in Luxembourg. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. In 1997, he bought low-producing gold mine shafts and later turned them profitable. EEE The wealthy have felt the contraction, too: Yesterdays billionaires are todayshundred millionaires. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. In 1996, Crosswinds pegged Peters for a $25 million man; intervening years saw a real estate boom followed by an ongoing bust. "They still own some land back here, but not much." "We got hit over the head with a 2-by-4 twice, and even a donkey could learn by getting hit twice with a 2-by-4," Thornburg told Mortgage Banking magazine in 2003. Dubins daughter, a People magazine staff writer, was married at Loretto Chapel in 2001. Ali MacGraw Bill Lang* Heather is worth $3 million, according to CelebrityNetWorth.com. He NDI New Mexico is an excellent example of an organization that holds itself to a high level of excellence. John Berndt "The real issue is, what are you trying to achieve?" William H Miller III Ronald N Dubin Younger brothers Mohamed and Yasseen are also billionaires and part owners of Mansour Group. Leslie Carpenter* Peter Frank Thornburg's empire was built on his grasp of both market trends and government regulations. According to Heldmeyer, city officials feared for the health of the mortgage company even before the deal was struckand kept those fears private. Originally Kristin Macdonald is an art director with over twenty years of experience. J Tylee Wilson $$$ They also bought and sold Ghiradelli Chocolates. Diana T MacArthur Former Councilor Karen Heldmeyer, the other "no" vote, says she grew frustrated by "backroom deals" and decided not to seek re-election. Heres this guy, a Harvard Business School alumni: Why in the hell did he come to Santa Fe, New Mexico to start up an investment and real estate company? (The McCune and Thaw foundations come in at $144 million and $52 million, respectively.) "If something was your own idea, it was very difficult to move it forwardI think Garrett probably had a push within himself to do things on his own." Those investors claim Thornburg Mortgage disguised its exposure to subprime loans. SA's richest men in 2020: Rupert fortune grows, as Oppenheimer's shrinks It will be one of the tallest buildings in Africa. And how did it come to this? Previously, she was Associate General Counsel with Concho Resources and before that, in private practice where she represented clients Leslie Nathanson is President of Nathanson/Juris Consulting in Santa Fe, NM and was a founding managing director of the Roberts, Nathanson & Wolfson Consulting Group in Chicago (now RNW Consulting). "I don't think it ever came up," former County Commissioner Jack Sullivan says. Unlike taxes. William H, board chair of the Santa Fe Institute, is often mentioned in company with investment stars like Warren Buffett; in fact, Miller is reportedly pals with Buffett, the worlds richest man. Not to be confused with the other Bill Miller (see William A Miller). According to the suit, "the constant fear of bankruptcy" drove executives into "a deliberate pattern of concealment and selective disclosure." E/C In 2007, Santa Fe City Council minutes record Stertzers donation of mobile trailers to the city police department. NICKY OPPENHEIMER & FAMILY. The company denies this. $$$ In 2007, the suit says, Thornburg Mortgage employees earned $26.1 million in base compensation, plus $23.1 million in performance bonuses. In their bond application, Thornburg's team noted that he donates $35,000 a year to Partners In Education Foundation, a nonprofit, and more than $100,000 a year to Santa Fe Public Schools. Miles Wolf* The CEO of defunct Thornburg Mortgage still earns $188,000 a month, even though his company is bankrupt, according to court documents. Joe Farr* Chauna King*, Carol Cochran, ChairDiane Fisher*Peter Frank*, Joelle Mevi, ChairDavid FosterBrian McGrathKatie ThompsonJohn Burnham*Susan Dubin*Lon Erickson*Julia Sze*, Ocean Munds-Dry, ChairPaul CassidyDiane DonigerDavid VogelJulie Bowdich, Kate Moss, ChairJohn BerndtJamai BlivinDavid FosterJesse MartinezDavid VogelElena Tercero*Helen Wertheim*, Peggy Hubbard, Chair A few years later, it endured a wave of prepayments by borrowers. Soaring stock prices from Nigeria to Zimbabwe lifted the fortunes of these tycoons, as demand for products and services from telecom to luxury goods ticked up. He wasn't alone. Miller famously beat the stock market for 15 years running with his Baltimore-based mutual fund, the Legg Mason Value Trust. The lawsuit, which failed, took years to work through the courts. Benjamin Thomas* Shes also a past president of the Los Alamos National Laboratory Foundation and a director of Foreign Traders on Galisteo Street. $$ish $$$ E/C $$ish "What makes it Thornburgesque is its way of doing business, which is both unusual and elegant," Glassman wrote. $$ish We also welcome you to follow SFR on social media (on Facebook, Instagram and Twitter) and comment there. Skilled workers had to be lured. The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it. The Oppenheimer family has a combined net worth of $8.2 billion, largely through the 2012 sale of their stake in De Beers for about $5 billion, according to the Bloomberg Billionaires Index . "I get on my knees and bow to her every other day," Chicaferro, who now "lounges" in Scottsdale, Ariz., says. TEX Subprime itself has become a euphemism for "toxic." William D Sanders HOVER TO REVEAL NET WORTH BY YEAR . Net worth: $13.9 billionRank in 2021: 1Net worth in 2021: $12.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 64Country: NigeriaResidence: Lagos, Net worth: $11 billionRank in 2021: 4Net worth in 2021: $7.2 billionOrigin of wealth: Luxury goodsIndustry: Fashion and RetailAge: 71Country: South AfricaResidence: Cape Town, Net worth: $8.7 billionRank in 2021: 3Net worth in 2021: $8 billionOrigin of wealth: DiamondsIndustry: Metals and miningAge: 76Country: South AfricaResidence: Johannesburg, Net worth: $8.6 billionRank in 2021: 2Net worth in 2021: $8.5 billionOrigin of wealth: Construction and InvestmentsIndustry: Construction and engineeringAge: 61Country: EgyptResidence: Cairo, Net worth: $7 billionRank in 2021: 6Net worth in 2021: $5.5 billionOrigin of wealth: Cement,sugarIndustry: DiversifiedAge: 61Country: NigeriaResidence: Lagos, Net worth: $6.7 billionRank in 2021: 5Net worth in 2021: $6.3 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 68Country: NigeriaResidence: Lagos, Net worth: $5.1 billionRank in 2021: 7Net worth in 2021: $4.8 billionSelf-madeOrigin of wealth: FoodIndustry: Food and BeverageAge: 78Country: AlgeriaResidence: Algiers, Net worth: $3.4 billionRank in 2021: 8Net worth in 2021: $3.2 billionOrigin of wealth: TelecomIndustry: TelecomAge: 67Country: EgyptResidence: Cairo, Net worth:$3.1 billionRank in 2021: 9Net worth in 2021: $3 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 59Country: South AfricaResidence: Johannesburg, Net worth: $2.7 billionRank in 2021: 10Net worth in 2021: $2.8 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 69Country: South AfricaResidence: Cape Town, Net worth: $2.7 billionRank in 2020: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 60Country: ZimbabweResidence: London, Net worth: $2.5 billionRank in 2021: 11Net worth in 2021: $2.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 74Country: EgyptResidence: Cairo, Net worth: $2.2 billionRank in 2021: 12Net worth in 2021: $2 billionOrigin of wealth: Petroleum, diversifiedAge: 61Country: MoroccoResidence: Casablanca, Net worth:$1.7 billionRank in 2021: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 72Country: South AfricaResidence: Stellenbosch, Net worth: $1.5 billionRank in 2021: 15Net worth in 2021: $1.3 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 89Country: MoroccoResidence: Casablanca, Net worth: $1.5 billionRank in 2021: 13Net worth in 2021: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 46Country: TanzaniaResidence: Dar es Salaam, Net worth: $1.5 billionRank in 2021: 14Net worth in 2021: $1.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 76Country: EgyptResidence: Cairo, Net worth: $1.1 billionRank in 2021: 18Net worth in 2021: $1.1 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 60Country: EgyptResidence: Cairo.