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Anschutz has invested in companies like the Denver-based Clarity Media Group, which publishes The Oklahoman, the largest newspaper in Oklahoma; The San Francisco Examiner (bought in 2004, sold in November 2011); The Washington Examiner, a right-wing weekly tabloid that was consolidated from a group of D.C.-area suburban dailies; The Baltimore Examiner, which debuted in April 2006 and was shut down in early 2009; and the now-defunct Examiner (purchased on November 30, 2012) (In more than 60 places, Anschutz has registered the name Examiner as a trademark.). He had met her when he was just 16 years old and the couple leads a private life in their home located at Denver, Colorado. Philip Frederick Anschutz was born on December 28, 1939, in Russell, Kansas, United States. He bought Eagles Nest Ranch, a 47,000-acre spread in eastern Colorado where he keeps 2,500 head of cattle, built a golf course and plays host to a dove-hunting retreat each year for friends, chief executives and politicians. Strong first-quarter profits in 2004, aided by the success of The Passion of the Christ, enabled Regal to issue the second extraordinary dividend. In the 1974 interview with the State Historical Society of Colorado, Philip Anschutz described himself as aggressive and hard-working. He recalled logging 12-hour days at the office and working evenings and weekends. They both grew up in Kansas and Wendall is a graduate from the University of Kansas in Speech and Drama. Amanda Bynes taken into custody by LAPD for mental health evaluation, Adele purchased Sylvester Stallones Beverly Park mansion on one unusual condition, A Price Is Right contestant celebrated so hard that he injured himself during filming, Review: The refurbished Christ Cathedral, and its humongous organ, find unexpected magnificence, Tyga used Ice Ice Baby in new song, is roasted for reusing Under Pressure sample, Shocking closure at L.A.s Mark Taper Forum reflects a crisis at regional theaters nationwide. The price tag eventually was whittled to $240 million. Construction is anticipated to begin in 2013 and be between $4 billion and $6 billion in cost. In 2002, Anschutz created Regal Entertainment Group by merging three bankrupt theater chains. The resort was bought by Xanterra from Busch Properties, Inc. (BPI). Click to reveal But, by holding on to 301 million shares -- or 80% of his stock -- Anschutzs portfolio lost an estimated $10 billion in market value. In Los Angeles, Anschutz has rejected requests to support museums, hospitals and universities in a meaningful way, according to civic leaders. In Kansas, he also resided in Hays and Wichita. Anschutz is an enigma, said Neil Westergaard, editor of the Denver Business Journal. He created Regal Entertainment Group in 2002 by merging Edwards Theaters, Regal Cinemas and United Artists Theaters. Philip Anschutz Bio Details Full name Philip Frederick Anschutz Gender Male Age 78 Date of birth Thursday 28 Dec 1939 Birth place Russell, Kansas, USA Occupations CEO of AEG Such transactions continue to gall former employees who lost their pensions and retirement savings. It is incomprehensible that he would even think we would pay that amount, Dillenbeck said. The suit sought to overturn the sale, along with $11 million in damages. He acquired and invested at least $4 billion worth of assets during that time, including the Los Angeles Kings, the real estate and media firm Opubco, and theatre properties. The Anschutz Entertainment Group is the most valued of the several companies owned by the Denver-based company. It was planned to close in October 2011. Philip Anschutz is sort of like the Wizard of Oz, said Los Angeles economist Jack Kyser. He flies to Los Angeles about once a month aboard his jet, stays in a Beverly Hills hotel and spends weekends at a residence in the Palm Springs area. He wants to express traditional American values in an appealing way for young people., According to an early mission statement drafted by Anschutz, the focus of his Hollywood operation is on historical, sports and adventure films for general audiences. Philip Anschutz, a multimillionaire American businessman, was born on December 28, 1939. In 1984, he bought Rio Grande Industries, parent of the ailing Denver & Rio Grande Western Railroad, for $500 million. He then flew to Casper, Wyo., to meet one of his oil partners. The purchase revived Anschutzs dream of rejuvenating a major downtown, only this time in Los Angeles. Anschutz does get very excited about what we do on occasion because it is exhilarating to reach people in a very positive way that is much more direct than operating an oil well or a railroad, Weil said. Upon returning to his apartment, he watched a report on the evening news of an explosion and fire at the scene of his rig. Only three formal interviews with Anschutz have been permitted since 1979, and none from the 1980s until 2015. He is concerned the country is losing its compass. He has a great vision for the future of Los Angeles, said Eli Broad, the philanthropist who is spearheading the $1.8-billion Grand Avenue development on Bunker Hill. According to its website, AEG and its subsidiary ASM Global host more professional sports franchises in facilities they own than any other corporation in the world. The cities of Long Beach and Los Angeles needed the right-of-way to build the Alameda Corridor, a high-speed 20-mile cargo expressway connecting their ports to downtown rail yards. The 82-year-old billionaire founded Anschutz Entertainment Group and owns the Los Angeles Kings and a third of the Los Angeles Lakers. Anschutz reached a settlement in May 2003 with New York state Atty. Additionally, he serves as the inspiration for CU Anschutz, the University of Colorados medical campus.Philip Anschutz, Dharod Family Net Worth, Early Life, Career. Wendall Anschutz, a seasoned news anchor and fellow native of Russell, was his first cousin. Anschutz is an ordinary-looking 77-year-old resident of Denver who happens to be one of the richest men in America, and a most enterprising one at that. Anschutz has invested in companies like the Denver-based Clarity Media Group, which publishes The Oklahoman, the largest newspaper in Oklahoma; The San Francisco Examiner (bought in 2004, sold in November 2011); The Washington Examiner, a right-wing weekly tabloid that was consolidated from a group of D.C.-area suburban dailies; The Baltimore Examiner, which debuted in April 2006 and was shut down in early 2009; and the now-defunct Examiner (purchased on November 30, 2012) (In more than 60 places, Anschutz has registered the name Examiner as a trademark.). After conducting a thorough investigation of Qwest officials, the U.S. Securities and Exchange Commission and the U.S. Department of Justice found no cause for action against any board members. Through his pyramid of financial holdings, the 77-year-old Colorado billionaire businessman owns the Anschutz Entertainment Group (AEG) and AEG Live, the world's No. According to MLS Commissioner Don Garber, without Phil Anschutz, there would be no MLS today.. Anschutz controls more than half of the business as well as other publications and media conglomerates. 1968: The younger Anschutz makes his big strike as a wildcatter. Philip Anschutz, head of AEG and owner of the Los Angeles Galaxy, stands on the field after the Galaxy defeats the Houston Dynamo 3-1 to win the 2012 MLS Cup on December 1, 2012 in Carson, California. "Philip Anschutz is sort of like the Wizard of Oz," said Los Angeles economist Jack Kyser. He is of German ethnicity. "He is the man behind the curtain pulling the levers. Archival Browse 28 nancy anschutz photos and images available, or start a new search to explore more photos and images. The tax records show that his foundation has given $1.9 million -- or less than 2% of total grants -- to charities in Los Angeles County. One of the most sought-after assets was the Southern Pacific line along Alameda Street. The Foundation for a Better Life was funded by him. It also owns entertainment venues and, through AEG Live, is the second-largest producer of live entertainment events in the world, after Live Nation. Last year, the Galaxy became the leagues first team to turn a profit. Philip Frederick Anschutz is an American oil business tycoon and philanthropist. But after several deep holes turned up dry, the venture went bust. When Native American tribes attempted to protect ancient rock carvings in Weatherman Draw in south-central Montana, the Bush administration backed Anschutzs right to develop an exploratory oil well there in May 2001. He acquired and invested at least $4 billion worth of assets during that time, including the Los Angeles Kings, the real estate and media firm Opubco, and theatre properties. 18. How much is the net worth of Philip Anschutz? Anschutz and a Los Angeles investment firm, Oaktree Capital Management, paid about $500 million to cover the loans of the three bankrupt theater companies. You eat and drink this kind of work. Hope Solo Biography, Age, Height, Family, Twins, Career, Net Worth. The Fangs alleged in court papers that the McKibben brothers tilted the sale in favor of Anschutz. The son of Marian (ne Pfister) and Frederick Benjamin Anschutz, Anschutz was born in Russell, Kansas. He owns sports teams and arenas, promotes concerts and art exhibits, operates a Hollywood film company and is building a sprawling sports and entertainment district in downtown Los Angeles. Seller: Elizabeth Anschutz. Denver billionaires Philip and Nancy Anschutz made a splash this week when they gave $120 million through their Anschutz Foundation to the University of Colorado Anschutz Medical Campus for a new health-sciences building and to back research and other programs at the Aurora, Colo., center. In 2003, Anschutz was sought out by Mel Gibson, who was looking for an exhibitor for his controversial The Passion of the Christ. At Gibsons invitation, Anschutz saw an advance private screening of the film in Santa Monica. His father is a managing principal of Gensler & Associates Architects in New York. His father Fred was an oil tycoon and land investor. Daughter Jeanie is now the controlling owner and team president. Ignoring the sports many skeptics, Anschutz believed that pro soccer could become a viable business in the U.S. By 2002, Anschutz controlled six of the leagues 10 teams, with franchises in Los Angeles, Chicago, Denver, New York, San Jose and Washington, D.C. Part of his strategy to make the league profitable is building soccer-specific stadiums. The case went to trial July 24, 1990, in Denver District Court. Anschutz has also been involved with a number of other businesses, such as Forest Oil, Pacific Energy Group, Union Pacific Railroad, in which he holds the largest interest (6%) and the Regal Entertainment Group, the second-largest chain of movie theatres in the world with almost 7,000 screens. Beginning in 1995, he served as a director of Forest Oil Corporation. Performance & security by Cloudflare. Anschultz closed down The Weekly Standard on December 14 and terminated every employee. At the height of the telecom boom in March 2000, Qwest shares traded at $64.80, and Anschutzs net worth rose to $18 billion -- vaulting him to sixth on Forbes list of richest Americans. The next morning, Anschutz talked the legendary Paul Red Adair of Houston into sending a crew to extinguish the blaze. "Take action. With an emphasis on Wide-Area Networking, Voice-over-IP, Hosted Microsoft programmes (Exchange, OCS, SharePoint), Hosted Servers/Storage Collocation Cages and Rackspace, and Business Continuity Services, LightEdge is a business-to-business supplier of hosted services. 16. Gen. Eliot Spitzer on charges that he had improperly received nearly risk-free initial public offering shares in exchange for steering investment banking business to Salomon Smith Barney. They contended that Scott McKibben leaked confidential information to the Anschutz organization and failed to market the newspaper to other potential buyers. The site was taken from the recently shut down Fitzsimons Army Medical Center, but it required millions to create a new University Hospital and new medical laboratory facilities on it. Occasionally, Anschutz speaks to the media, but insists on not being quoted. Still, Anschutzs movie company doesnt approve a project unless we believe it will be profitable, said David Weil, chief executive of Anschutz Film Group. Douglas Gresham, a co-producer of the film and the stepson of Narnia author C.S. His father was a property developer and oil magnate who bought ranches in Wyoming, Utah, and Colorado before getting into the oil drilling industry. Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. On April 4, Anschutz and Florence Fang were honored by UC Berkeley Chancellor Robert Birgeneau and other top university officials for donating the San Francisco Examiners archives to the schools Bancroft Library. Qwest shares plunged to $1.11 in August 2002 amid an industrywide collapse caused by excess broadband capacity and reports that company executives had engaged in a massive accounting fraud. Philip Anschutz. His advisors say the small chain represents the kind of underappreciated asset that fits Anschutzs portfolio. Additionally, he generously supports conservative think tanks including the American Enterprise Institute, Federalist Society, and Heritage Foundation. You can email the site owner to let them know you were blocked. Search instead in Creative? Admirers call Anschutz modest and soft-spoken. Philip Anschutz has a sister named Sue Anschutz-Rogers. Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. Today, Regal operates nearly 6,400 screens in 40 states. The price being paid by Walter and. It is also a U.S. Olympic training site for cycling, soccer as well as track and field. On a warm summer evening in 2004, Philip Anschutz greeted British Deputy Prime Minister John Prescott at the $150-million soccer palace Anschutz had created in Carson. Since last fall, Qwest stock has rebounded to $7.85 a share, increasing the value of Anschutzs investment to $2.3 billion. We looked at him very hard because he sold billions of dollars worth of stock, said Patrick Coughlin, a partner in the San Diego law firm that brought the major shareholders suit. He said it didnt matter because he owned the two teams, Prescott recalled in an interview in London. About 4.5 million people pass through its turnstiles every year. The Bureau of Land Management stated that it had no plans to permit further leases there and would consider formally withdrawing the 4,268-acre (17 km2) site from mineral leasing in its 2004 management plan. Operate on a handshake. Anschutz is a minority shareholder in the Los Angeles Lakers and the Los Angeles Kings. For $10 million, Anschutz acquired the 250,000-acre (1,000 km2) Baughman Farms in Liberal, Kansas, one of the biggest farming conglomerates in the nation. Philip Anschutz is an American businessman who's worth an estimated $11.7 billion, according to Forbes. He has since begun new papers in Washington, D.C., and Baltimore, where he competes with the Sun, a paper owned by the Tribune Co., parent of the Los Angeles Times. According to sources familiar with the deal, Anschutz consented to several demands made by the Fang family, including donating the archives in the name of Florence Fang to UC Berkeley. Billionaire Philip Anschutz, founder of sports and entertainment giant AEG, has reached an agreement to sell his stake in the Los Angeles Lakers to the owners of the Los Angeles Dodgers,. Lewis, told The Times that he selected Walden to make the movie because of his regard for Anschutz. There isnt a single person in the history of Los Angeles that has put more of his own money into this city, said developer Steve Soboroff, a onetime advisor to former Mayor Richard Riordan. Spitzer relinquished his civil lawsuit in exchange. Over the last four decades, he has amassed a global empire of more than 100 companies, nearly all of them privately held. The Denver Rocky Mountain News announced in February 2006 that Anschutz will step down from the Regal Entertainment Group board and would not seek reelection to the boards of Qwest or Union Pacific in order to concentrate on his other interests. His current net worth as of 2023 is $13.3 Billion. Anschutz would buy all of the Oklahoma Publishing Companys (OPUBCO) assets from the Gaylord and Dickinson families, it was announced on September 15, 2011. His father was Fred Anschutz. Soccer United Marketing, the leagues sales and marketing division was also supported by Anschutz. By doing so, he ignored the old saw that the fastest way for a billionaire to become a millionaire is to invest in the film business. In the next several hours, Anschutz raced around town contacting landowners and acquiring options on adjoining oil leases. The Anschutz Entertainment Group (AEG) is a division of The Anschutz Corporation and a presenter of athletic events and musical entertainment. If Mr. Anschutz was as innocent in his business dealings as he claims to be, then a trial would have been the perfect venue to prove that, said spokesman Marc Violette. The line, completed in 1999, carries up to 130,000 barrels of heated crude oil per day from Kern County to refineries in El Segundo and Wilmington. He bought 9 million acres (36,000 km2) along the Utah-Wyoming boundary the next year. However, he opted not to accept any of the offers, and on March 14, 2013, he decided to take AEG off the market. Anschutzs company issued a statement saying the settlement very clearly reflects no wrongdoing. Anschutz recently sold his share of the New York franchise to the Red Bull energy drink company for a record $100 million. The subsidiary was Southern Pacific Telecom, which provided high-speed data transmission through a network of fiber-optic cable lines installed alongside railroad tracks. He is currently the Managing Director at Western Development Group, a corporation owned by his father. According to court records in San Mateo County, Anschutz does not have an office computer or e-mail account and routinely destroys his appointment calendars. They donated their oil and gas leases to the National Trust for Historic Preservation, which has promised to let the leases expire. These sites are both around five miles apart. Anschutz bought the Examiner from the Fangs in 2004, launching him into the newspaper business. His mother Marian was a homemaker. He has stock in Dignity Health Sports Park, home of LA Galaxy of Major League Soccer and previous MLS team Chivas USA. Census Records 1910 Federal Census (Russell, Russell, Kansas, United States): Household Role Gender Age Birthplace Carl Anschutz Head M 50 Russia Emilie Anschutz Wife F 43 Russia Elena Anschutz Daughter F 18 Kansas Emma Anschutz Daughter F 9 Kansas Otto Anschutz Son M 7 Kansas Lyle Anschutz Son M 4 Kansas Ray Anschutz Son M 2 Kansas The committee said no action should be taken against Prescott, who has denied that Anschutz sought to influence him on the casino license. Additionally, he contributed to the formation of the Power Company of Wyoming LLC, which was re-incorporated in 2010 with the goal of constructing the Chokecherry and Sierra Madre wind power complex in Carbon County, Wyoming, which will have up to 1,000 wind turbines with a combined capacity of 3,000 megawatts. Riding the success of The Chronicles of Narnia, Anschutzs film operation turned a profit last year, Weil said. Several participants are now dead and others were unavailable. During the ceremony, speakers took turns praising Anschutz, the new owner of the Examiner, for his generosity. Like many aggressive businessmen, Anschutz also has acquired his share of adversaries. Anschutz is the primary owner of the Los Angeles Kings of the National Hockey League and a small shareholder of the Los Angeles Lakers of the National Basketball Association. Anschutz eventually paid, say sources familiar with the outcome, but not before Amoco characterized their dealings in a court complaint. Icon was shocked and disappointed that this additional fee (which was never reported to us) was being charged to faith-based organizations, Icon wrote in a letter accompanying the refunds. Harold Hamm Biography, Age, Assets, Houses, Career. He has made investments in movies including Ray, Joshua, and The Chronicles of Narnia through Walden Media, which he owns. Anschutz declared on September 18, 2012, that he was going to put AEG up for sale. Last month, AEG opened Toyota Park in Bridgeview, Ill., for the Chicago Fire. Before the merger, Anschutz took control of an obscure Southern Pacific subsidiary that he thought had great potential. Philip Anschutz in Los Angeles, February 2019. Addressing the 1,000 guests attending the benefit for the National Western Scholarship Trust, the businessman and philanthropist said "Out Where The West Begins" profiles 50 men who "contributed in the most impactful manner" to bringing the American West to . Nacchio testified under oath before Congress in 2002 that Anschutz was very involved in Qwests activities. Philip Frederick Anschutz is an American oil business tycoon and philanthropist. He graduated from the University of Kansas with a degree in finance. He is a substantial giver in Denver, as he should be.. He didnt quite treat me fair, and he wasnt quite honest, Ablah said. The Anschutz Exploration Corporation received The National Trust for Historic Preservations Presidents Award in appreciation of its preservation work. The British media reported this month that Anschutz had met Prescott, the deputy prime minister, on at least seven occasions since August 2002, including the soccer match at Home Depot Center. Melissa has played the role Amy of 'Chasing the Rain', Hannah Howard of 'Lost Heart', and Hester Thickett of 'Wild Faith'. Anschutz is the primary owner of the Los Angeles Kings of the National Hockey League and a small shareholder of the Los Angeles Lakers of the National Basketball Association. I thought, My God, this is the end. He was the man behind the Farmers State Bank and was already a respected and wealthy man in all of Kansas. Having completed 15 marathons, Anschutz. Showing Editorial results for nancy anschutz. He assumed 100% ownership of the company, relocated it to Denver and changed its name to Qwest. You cant break the habit. 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