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Grizzly Bulls’ Billionaires Index

⬅ # 827 Euisun Chung|# 829 Prasert Prasarttong-Osoth ➡

# 828 Margaretta Taylor 

$3.85B

Real Time Net Worth
as of 7/2/2024

# 828 Margaretta Taylor 

$3.85B

Real Time Net Worth
as of 7/2/2024
OccupationPartial Owner, Cox Enterprises
Source of WealthMedia, Automotive
Age82
ResidenceSouthampton, New York
Children2
EducationBS, Finch College
Age-Adjusted Net Worth$870.12M
Margaretta Taylor
Margaretta Taylor
United States
Net worth: $3.85B

Self-Made Score 

Wealth History

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Biography

Overview

Margaretta Taylor, born Margaretta Johnson in 1942, is an American billionaire heiress known for her significant stake in Cox Enterprises, a global conglomerate in communications, media, and automotive industries.
She inherited approximately 17% of Cox Enterprises from her mother, Anne Cox Chambers, who equally distributed her 49% share among her three children.
Her grandfather, James M. Cox, founded the precursor to Cox Enterprises in 1898, establishing a family legacy in media and communications.
Margaretta's son, Alexander C. Taylor, serves as CEO of Cox Enterprises, leading the company's operations with $21 billion in revenue and around 55,000 employees.
Cox Enterprises encompasses major brands like AutoTrader, Kelley Blue Book, and Manheim Auctions, with international operations spanning Asia, Australia, Europe, and Latin America.
The family's commitment to the company's legacy is evident through Margaretta's involvement, her son's leadership, and her cousin's position on the board.

Biographical Information

Margaretta Taylor was born Margaretta Johnson in 1942.
She is the daughter of Anne Cox Chambers and the granddaughter of James M. Cox, a newspaper publisher.
In 2015, Margaretta inherited an estimated 17% stake in Cox Enterprises from her mother, who distributed her 49% share equally among Margaretta and her siblings, Katharine Rayner and James Cox Chambers.
Since January 2018, Margaretta's son, Alexander C. Taylor, has served as the CEO of Cox Enterprises, taking the helm of the $21 billion revenue company.
Cox Enterprises, headquartered in Atlanta, Georgia, is a privately held global conglomerate with major subsidiaries like Cox Media Group, Cox Communications, and Cox Automotive.
The sale of Cox Media Group's Ohio newspapers back to Cox Enterprises in 2020 reinforced the family's commitment to preserving the company's legacy and ensuring the continued service of the publications in the southwest Ohio region.

Family Ties and Inheritance

Margaretta inherited her significant stake in Cox Enterprises from her mother, Anne Cox Chambers.
Her siblings, Katharine Rayner and James Cox Chambers, also inherited approximately 17% stakes each in the conglomerate.
Margaretta's son, Alexander C. Taylor, now leads Cox Enterprises as CEO, representing the family's continued involvement in the company's operations.
Her cousin, Jim Kennedy, holds the position of chairman emeritus at Cox Enterprises, further solidifying the family's influence within the company.
The family's inheritance and involvement in Cox Enterprises reflect a multigenerational commitment to the company's success and legacy.

How long would it take you to become as rich as Margaretta Taylor?

If you started with $10,000 and invested an additional $500 each month at a 44.06% CAGR, it would take you 5 years to reach Margaretta Taylor's net worth of $3.85B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 48.24% compared to 16.19% for the S&P 500 benchmark.

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Margaretta Taylor is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Margaretta Taylor, Media and Automotive are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey