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Grizzly Bulls’ Billionaires Index

⬅ # 130 Charlene de Carvalho-Heineken|# 132 Leon Black ➡

# 131 Philip Anschutz 

$14.6B

Real Time Net Worth
as of 5/13/2024
$113 (0.00%)

# 131 Philip Anschutz 

$14.6B

Real Time Net Worth
as of 5/13/2024
$113 (0.00%)
OccupationOwner, The Anschutz Corporation
Source of WealthEnergy, Sports, Entertainment
Age84
ResidenceDenver, Colorado
Marital StatusMarried
Children3
EducationBS, University of Kansas
Age-Adjusted Net Worth$2.87B
Philip Anschutz
Philip Anschutz
United States
Net worth: $14.6B

Self-Made Score 

Wealth History

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Biography

Early Life

Philip Frederick Anschutz was born on December 28, 1939 in Russell, Kansas
He earned a Bachelor's degree in business from the University of Kansas in 1961
Started demonstrating business acumen at six by selling Kool-Aid on a college campus.
Contributed to Bob Dole's political campaigns.

Career

Bought out father's oil drilling company, Circle A Drilling, in 1961.
Expanded investments to stocks, real estate, and railroads.
Became one of Colorado's sole billionaires and one of the 100 largest U.S. landholders.
Entered railroad business in 1984, later merging Rio Grande and Southern Pacific Railroads.
Vice-Chairman of Union Pacific after its merger with Southern Pacific.
Involved in various businesses, including petroleum, telecommunications, and entertainment.
Founded Anschutz Entertainment Group (AEG) with 350 arenas and concert venues globally.

Sports Ownership

Majority owner of NHL's Los Angeles Kings.
Stake in MLS's Los Angeles Galaxy and ownership of Crypto.com Arena.
Co-founder of Major League Soccer (MLS) and owner of multiple soccer teams.
Principal owner of MLS team LA Galaxy and former MLS team Chivas USA.
Principal owner of the Los Angeles Kings, minority owner of the Los Angeles Lakers until 2021.

Business Ventures

Invested in energy, railroads, real estate, sports, newspapers, movies, theaters, arenas, and music.
Owns performance venues like Staples Center, The O2 in London, and Dignity Health Sports Park.
Invested in films such as The Chronicles of Narnia and owns AEG Live, which organizes Coachella.
Acquired Xanterra Parks and Resorts, The Broadmoor hotel, and the Oklahoma Publishing Company.
Owns stakes in Regal Entertainment Group, the second-largest movie theater chain worldwide.

Personal Life

Married to Nancy Anschutz, with three children.
Inducted into the Kansas Business Hall of Fame (2000) and U.S. Business Hall of Fame (2002).
Prefers a private life, granted few interviews, broke media silence in 2015 for MLS's 20th-anniversary reflection.
Has run 15 marathons.

How long would it take you to become as rich as Philip Anschutz?

If you started with $10,000 and invested an additional $500 each month at a 44.01% CAGR, it would take you 5 years to reach Philip Anschutz's net worth of $14.6B.

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 40.45% compared to 10.08% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Philip Anschutz 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 Philip Anschutz, Energy, Sports and Entertainment 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