The company has diversified investments worldwide in hospitality, technology, traditional and renewable energy,. - Responsible for Governance, Risk & Compliance oversight across the company's portfolio. With his acquisition of land in other Western states, he became one of the 100 largest landholders in the United States. [7] He also lived in Wichita, and Hays, Kansas. The New York Times called the takeover 'the most spectacular merger fiasco of modern times.'. The employee data is based on information from people who have self-reported their past or current employments at The Random Acts of Kindness Foundation. [54], Anschutz prefers to stay out of the limelight. Kimberly Muller is the Executive Director of CU Innovations where she leads innovation for the University of Colorado Anschutz Medical Campus. Mike holds a BS in Biomedical and Electrical Engineering from Duke University, and an MBA from the University of Chicago Booth School of Business. Proceeds benefit the National Western Scholarship Trust. [35][36] According to the Bureau of Land Management, which on July 2, 2012, announced the completion of the project's final Environmental Impact Statement, "Chokecherry and Sierra Madre are two distinct sites approximately five miles apart which are both being analyzed together. [50] He heads the Anschutz Foundation, and was listed 41st on the Forbes 400 list in October 2019, with a net worth of $11.5 billion. You want to own it. The Anschutz Entertainment Group ( AEG ), also known as AEG Worldwide, is an American global sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. At that time, Philip Anschutz was in college at the University of Kansas, where he earned a bachelor's degree in finance, with honors, in 1961. Mikes responsibilities include the formation and management Following these sales, Anschutz owned 41 percent of the shares outstanding. CU Innovations specializes in commercializing technology, developing ventures, and building business partnerships. Moyers was succeeded as president and CEO by veteran railroader Jerry R. Davis. While Anschutz's railroading venture garnered him the most publicity in the early-to-mid 1990s, other activities stepped into the spotlight in the late 1990s. From Struggling Wildcatter to Billionaire Dealmaker: 1960s--Early 1980s. Internal Revenue Service. The Anschutz Corporation is a privately held company based in Denver, Colorado. [25] He owns a stake in the Dignity Health Sports Park, the stadium for the MLS team LA Galaxy and former MLS team Chivas USA. Finally, we can read about how these great companies came about with Company Histories.. Sep 16, 2011 Updated Aug 31, 2020. To pare down the company's $311 million in debt, Anschutz took Qwest public in June 1997 through an IPO that raised $321 million. Tennessee. He was also Assistant Director of Venture Capital Analytics with the Rockies Venture Club where he helped in create due diligence reports for angel investors in the RVC network. Services Management & Mental Health Administration. [1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. The Gates Institute is designed to fill gaps in traditional academic infrastructure, from providing internal resources to strengthening industry partnerships. Up to 5 (303) 304-9967 |michael.mcgarry@cuanschutz.edu. 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Investor interest in Southern Pacific increased in the several months that followed, so that by February 1994, when a second stock offering of 25 million shares was initiated, they sold for $19.75 per share. in UKs Colleges of Pharmacy and Medicine. Construction is expected to start in 2013, and cost an estimated $4 billion-$6 billion. Prior to Genentech, he held roles across start-up companies and large companies Before her legal career, she was a Research Scientist in infectious disease leading teams focused on mechanisms of drug resistance and drug discovery at the Walter Reed Army Institute of Research Santa Fe Industries Inc. had purchased Southern Pacific in 1983 with the intention of merging SP with the Atchison, Topeka & Santa Fe Railway (known as the Santa Fe), one of SP's main competitors. Now's your chance to pick it up for nearly half off. He also owns stakes in performance venues, including the Staples Center, The O2, London, and the Dignity Health Sports Park. She is a member of the Doyle Inn of Court and the Donald Trumps real net worth? grant fund, and a nearly $50 million venture fund. Work At The Random Acts of Kindness Foundation? Looking for a particular The Anschutz Corporation employee's phone or email? When the huge oil field caught fire soon after its discovery, Anschutz averted disaster by persuading the famed oil-fire fighter Red Adair to take on the blaze despite Anschutz's shaky finances, and by securing $100,000&mdash-ough to tide him over until he could get financing from his bankers--from Universal Studios. The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. In 2004, he purchased the parent company of the Journal Newspapers, which under Anschutz's direction became the American conservative editorial newspaper Washington Examiner. This Colorado-related article is a stub. TEL +1-248-522-9717 FAX +1-248-864-2537. The data presented on this page does not represent the view of The Random Acts of Kindness Foundation and its employees or that of Zippia. 1 of 2. [32] It will be sited on 229,077 acres, about half federal, about half privately owned by an affiliate, and a smattering of state lands. Frank Smith is President and Chief Executive Officer of Anschutz Film Group (AFG) and Walden Media. In 1961, he bought out his father's oil drilling company, Circle A Drilling, and earned large returns in Wyoming. 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. The Anschutz Corporations activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. Completion of the merger was by no means certain. (303) 724 - 1039 |claire.mcdonald@cuanschutz.edu. In 2010, he donated 400 masterpieces by the likes of Frederic Remington to create the American Museum of Western Art in Denver. Department of the Treasury. Anschutz's first major venture into real estate began when he secured a 30 percent interest in all projects developed by the Oxford-AnsCo Development Co.--a subsidiary of a leading Canadian development company, Oxford Properties Inc.--for $1 million and downtown property owned by Anschutz in Denver and Colorado Springs. [17], On June 24, 2008, it was announced that Anschutz would buy Xanterra Parks and Resorts, which had purchased the Grand Canyon Railway in 2007. The $1.4 billion figure was an astounding gain on what had essentially been Anschutz's initial cash investment (in the Denver & Rio Grande Railroad) of $90 million. [48][49], Anschutz is an active philanthropist. The Lakers, the Kings, and another NBA team, the Los Angeles Clippers, began playing in what became the $400 million, 20,000-seat Staples Center in the fall of 1999. Doreen joined CU Innovations in May of 2017 as a licensing associate. Philip Frederick Anschutz (/nuts/ 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. The Chronicles of Narnia: The Lion, the Witch and the Wardrobe, U.S. Court of Appeals for the Tenth Circuit, University of Colorado School of Medicine, William E. Simon Prize for Philanthropic Leadership, "chemistrydaily Resources and Information", "The Aspen 50 Forbes billionaires in Pitkin County", A Standard History of Kansas and Kansans, by William E. Connelley, Contemporary Honors Award Recipient Philip Anschutz, "The real king of the Los Angeles Kings: mystery billionaire Philip Anschutz", "Billionaire Next Door Philip Anschutz may be the richest American you've never heard of. Anschutz has had several other business ventures, including Forest Oil, Pacific Energy Group, Union Pacific Railroad (he is the company's largest shareholder, with a 6% stake), and the Regal Entertainment Group, the second largest movie theater chain in the world, with approximately 7,000 screens. that utilized recombinant microorganisms for the production of ethanol and butanol. The Anschutz Corporation employs 8 employees. NSF, JDRF, and the American Cancer Society. No credit card required. In his experience, he has assisted PIs from a number of different departments and backgrounds with submitting and managing grant and contracts with a number of foundations and federal agencies including the NIH, DoD, DARPA, Anschutz Entertainment Group. Get the latest business insights from Dun & Bradstreet. He also engages in new venture development of high potential university technologies and spin-outs. In those roles, Raja led the development and launch of multiple commercial During Kimberlys Anschutz attempted to build Forest Oil into a major independent oil company through mergers and acquisitions. $2.5 billion, according to our most recent tally. Board. Source: International Directory of Company Histories, Vol. The show examines all aspects of the legal profession, from intellectual property to criminal law, from bankruptcy to securities law, drawing on the deep research tools of BloombergLaw.com and. The Anschutz Corporation also owns The Broadmoor-Sea Island Company which operates The Broadmoor hotel, The Broadmoor Manitou and Pikes Peak Cog Railway and the Sea Island resort. Get Contact Info for All Departments The Anschutz Corporation Org Chart Dan Eppich Bachelor of Arts/Science, University of Kansas. Establish meaningful relationships across the executive teams and Board of Directors to champion . Josh Eidelson, "Walmart, Right-Wing Media Company Hold Star-Studded Benefit Promoting Education Reform Film" In These Times, August 13, 2012, United States. . The following year, Anschutz was days away from his first day of classes at the prestigious University of Virginia law school, when his father became ill; he returned home to take over the family businesses, including Anschutz Corporation and the oil wildcatting company, Circle A Drilling. million verified professionals across 35 million companies. Closing was expected in October 2011. * I understand and agree that registration on or use of this site constitutes agreement. Looking for a particular The Anschutz Corporation employee's phone or email? Anschutz also owned 30 acres of land around the arena that he planned to develop into a vast entertainment complex with hotels, restaurants, theaters, and offices. Indiana. He is the majority owner of the NHL's Los Angeles Kings,. Previously, Kimberly started and sold companies in the biotech, tech, and clean energy fields, companies included Curagen Corporation (acquired by Celldex Therapeutics), 454 Life Science (acquired by Roche), and Arbor Fuel, a biofuel company The land came from the recently closed Fitzsimons Army Medical Center, but millions were needed for the construction of new medical laboratory buildings and a new University Hospital on the land. Claire has conducted research on the immune response in neurological disorders and developed a prodromal diagnostic test for Alzheimers disease. Sign up for a free account. [61] Anschutz has run 15 marathons. Still, that the offering was successful at all was attributed by many to the hiring of Moyers. When you see what can be done, the possibilities, you want to be involved in something. Bachelor of Psychology from Texas Tech University, Skaggs School of Pharmacy and Pharmaceutical Sciences, Children's Hospital Center for Innovation. By 1995 railroad industry consolidation was reaching a crescendo, with the number of major railroads having been reduced from 40 in 1980 to ten, and with the completion of the merger of Burlington Northern and the Sante Fe. (303) 724 - 9543 |joleen.bohnen@cuanschutz.edu, (303) 724-7236 | don.morie@cuanschutz.edu. [10][11], Anschutz then moved into railroads and telecommunications before venturing into the entertainment industry. In addition to his move into film production, Anschutz in 1999 purchased companies that were involved in storing video in digital form on computers and in sending high-quality video over fiber-optics lines. Anschutz retained an 84 percent stake in Qwest, whose stock soared from $22 per share at offering to more than $50 by the end of 1997. (UK) Office of Technology Commercialization (OTC) for about 3 years, where his primary responsibilities included assessment, marketing and licensing of intellectual property in the life sciences area focusing on innovations developed In 1996 he engineered the sale of Southern Pacific to rival Union Pacific Corporation , pocketing $1.4 billion in profits from an initial $90 million investment. Headquartered in Franklin, Tennessee, Nissan North America, Inc. has expertise across the region in research and development, vehicle exports, automotive design, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. "[16], In February 2006, the Denver Rocky Mountain News reported that Anschutz would not run for reelection to the boards of Qwest and Union Pacific and would resign from the board of Regal Entertainment Group so as to focus on his other investments. (business & personal). Richard holds a J.D. In the fall of 1996, perhaps not coincidentally soon after Union Pacific's takeover of Southern Pacific was consummated, Qwest announced that it planned to develop a nationwide fiber-optic network, using the most advanced technology and offering the highest capacity of any U.S. telecommunications network. [59], Anschutz has granted only three formal interviews since 1979, and none from the 1980s until 2015. Black, Bruce F. (January 12, 2006). By the early 1980s, Oxford-AnsCo had developed several major skyscrapers in Denver, including the 56-story Republic Tower and the 39-story Anaconda Tower, worth an estimated $250 million. Illinois. The Anschutz Corporation's activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. in pharmaceutics from Long Island University, an M.S. Since starting at Anschutz Medical Prior The current state of business is one of uncertainty and change. Emerging seemingly out of nowhere to replace Southern Pacific as Anschutz's key venture was Qwest, a company whose lineage came straight out of Southern Pacific. The following year Qwest battled for control of local telephone provider U S West Inc., one of the original Baby Bells, with another upstart telecommunications company, Global Crossing Ltd. Qwest eventually won the battle, acquiring U S West for about $43.5 billion in stock in 2000. The Anschutz Corporation Address: 555 17th Street, Suite 2400 Denver, Colorado 80202 U.S.A. Telephone: (303) 298-1000 Fax: (303) 298-8881 Statistics: Private Company Incorporated: 1958 NAIC: 551112 Offices of Other Holding Companies Key Dates: 1958: The Anschutz Corporation is founded by Fred Anschutz, an oil wildcatter. Xanterra also operates the Grand Canyon Railway, Kingsmill Resort, and Windstar Cruises. The Denver Post summarized the implications for Anschutz: "Not only is Qwest founder and board member Philip Anschutz not a defendant in the long-awaited civil case against the regime of former Qwest chief executive Joe Nacchio, he doesn't even merit a mention in the 50-page complaint. Environmental groups, preservationists, and ten Native American tribes appealed the decision without success. The Anschutz Corporation United States employs 64 employees. She manages the implementation of clinical research within the CU Innovations digital health team. Should You Buy Philip Morris Stock Over Its Sector Peer? Chief Information Officer (CIO) Dec 2019 - Present3 years 3 months. President and CEO, The Oklahoma Publishing Company Chairman and CEO, Broadmoor-Sea . Philip Anschutz (center), chairman and CEO of the Anschutz Corp., receives the ALIS Lifetime Achievement Award during the opening sessions of the Americas Lodging Investment Summit. Additionally, he works as an Analyst with the CU Healthcare Innovation Fund. In 1988, the Rio Grande railroad purchased the Southern Pacific Railroad under his direction. Moyers also sought to bolster Southern Pacific's equipment through the purchase of new locomotives, the rebuilding of existing locomotives, and better maintenance of both trains and track. Starting around 1994, Anschutz was involved in the planning of a downtown development in his base city of Denver on land along the South Platte River that he had purchased from SP. [51], Anschutz and his wife have contributed over $100 million to the new medical, dental, nursing, and pharmacy campus of the University of Colorado School of Medicine in Aurora, Colorado, now named the Anschutz Medical Campus in their honor. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. innovation management, forming key strategic industry partnerships, and licensing. [14] The payment was roughly equal to his profit from the practice of IPO "spinning"; thus, he actually suffered no penalty. Chad received his Bachelors Degree in Economics from Colorado State University. What was next for this seemingly modern-day Midas? [40] In 2010, he financed the pro-charter school film Waiting for Superman. In 2021, Forbes ranked him the 66th richest person in the United States, with an estimated net worth of $10.1 billion.[1]. Anschutz is the principal owner of the National Hockey League's Los Angeles Kings and is a minority owner of the National Basketball Association's Los Angeles Lakers. It was possible that a similar motive was behind a report in the Wall Street Journal in June 2000 that Anschutz, along with a partner, was launching a film production company. Universal just happened to be filming Hellfighters, which had John Wayne playing Adair, and were pleased to be able to take footage of a real fire and the real Adair in action. [1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. He started testing his business acumen early: a six-year-old Anschutz sold Kool-Aid on a nearby college campus using a wheeled stand he built. [23] Anschutz also advocated for MLS's creation of Soccer United Marketing, the league's sales and marketing arm.