Both bought homes in Snowmass in 2008, but Shvidlers primary residence is now in England. Washington Redskins owner Dan Snyder, whose refusal to change the name of the team continues to stir up controversy, spends a lot of his summers in Aspen, as do his mother and sister, according to a 2006 Washingtonian magazine profile. #40Name: Herbert SimonNet worth: $2.1 billionAge: 79Primary residence: Indianapolis, IndianaForbes 400 ranking: 293Forbes Worlds Billionaires ranking: 850Source of wealth: Real estateStake in Aspen: $5.9 million Mountain Queen condoNotes: The owner of Simon Property Group, the largest publicly traded real estate investment trust in the country, owns a relatively modest homeby Aspen standards: a 3,000-square-foot condo that he bought for $1 million in 1997. They reason that, if we put city offices in buildings that Mr. Hunt is going to rebuild anyway, there will be no need to build on the citys Rio Grande land and, therefore, nobody will. By Like much of the rest of the overall real estate market, numbers were hovering close to 2018. Property values listed are from the county assessors most recent valuation period, which reflects the market as of June 30, 2012, and formed the basis for property tax bills for 2013 and 2014. Source: Forbes, Business Insider. Yet the Crown family recently made Forbess inaugural list of Americas Richest Families, placing 35th with a fortune of $7.3 billion. #44Name: Farris WilksNet worth: $1.5 billionAge: 62Primary residence: Cisco, TexasForbes 400 ranking: 352Forbes Worlds Billionaires ranking:1,178Source of wealth: Natural gasStake in Aspen: $12.2 million home in The Pines, Snowmass VillageNotes: Wilks bought the priciest ski-accessible home in Snowmass Village just one month after he and brother Dan sold their combined interest in their fracking company, Frac Tech, for $3.5 billion. And many of them have grown substantially richer of late. #26Name: Andreas Von BechtolsheimNet worth: $4 billionAge: 58Primary residence: GermanyForbes 400 ranking: N/AForbes Worlds Billionaires ranking: 406Source of wealth: GoogleStake in Aspen: Two homes on Red Mountain together worth $14.5 millionNotes: An early Google investor whose shares are now worth $2 billion, von Bechtolsheim developed the SUN Workstation and cofounded Sun Microsystems with Bill Joy, whose Aspen home he bought in 1999. Randy Gold is one of the best and most respected in this town. Aspen has always been known for its luxury shopping (Valentino, Loro Piana, Prada, Moncler), but lately, more than a dozen world-class pop-up galleries have made their mark. The Hunt family's fortune is from oil wildcatter H.L. The owners of the Aspen Skiing Company have a huge local impactemploying 3,600 people at the height of the ski season, running the Little Nell and Limelight hotels, and providing support to many nonprofits. One of Joys partners at Sun Microsystems, Andreas von Bechtolsheim, bought Joys home on Red Mountain in 1999. #34Name: David BondermanNet worth: $2.7 billionAge: 71Primary residence: Fort Worth, TexasForbes 400 ranking: 209Forbes Worlds Billionaires ranking: 679Source of wealth: Private equityStake in Aspen: Wildcat estate and nearby land together worth $30.4 millionNotes: Bondo, a major Democratic donor, flies his Aspen pals to Las Vegas for milestone birthdayshe hired the Rolling Stones to play his 60th birthday party there and Paul McCartney for his 70th. While paying two bills hours after being red tagged (later to cancel one of those payments), Hunt has another one outstanding for $61,000 that's due in encroachment fees for his affordable-housing project at the corner of West Hallam and Eighth streets. And of course, there is the U.S. presidential election in November. August 3, 2012 at 3:51 a.m. ASPEN At least 50 billionaires on Forbes' most recent wealth lists own property or have strong ties to property in the Aspen area. Law Firm in Aspen is seeking a Paralegal/legal assistant to support busy office. By The Aspen Times. #15Name: Stanley KroenkeNet worth: $5.7 billionAge: 66Primary residence: Columbia, MissouriForbes 400 ranking: 84Forbes Worlds Billionaires ranking: 265Source of wealth: Sports, real estateStake in Aspen: Adjoining Red Mountain properties, an Aspen Mountain townhome, and a commercial building on Galena Streettotal value of $28.7 millionNotes: Kroenke, who made the most expensive Aspen real estate purchase of 2011, got rich partially by developing shopping centers anchored by Walmartsafter marrying Walmart heiress Ann Walton. Now, with the issue jammed into the ballot box, the city no longer has the wherewithal to back out of the very contracts they signed and extended. Gold predicted that at some point, there will be a clash between landlords and the city, which in 2017 restricted chain stores and formula retail in development projects proposed after the ordinance took effect. If that sounds like a developer on a binge, know that Hunt has a method to his madness, one that he hopes will serve both locals and visitors. Aspen Sojourner He reminded the audience just how much a billion dollars is. With that much disposable income, a billionaire can afford to overspend by on properties by millions of dollars, with the same relative impact of a millionaire overspending by $50,000, noted Gold, who is with the Aspen Appraisal Group and has been appraising properties in Aspen and elsewhere for 42 years. Name: David Koch. Hunt 50 years to win their second Super Bowl. The BLM approved the deal in June. Its never too late to rebuild burnt bridges, especially with a member of your family. Last Updated: February 2023. Hunt has locked hands with financial partners and potential tenants many of which he wont disclose and some headline grabbers that he trumpets, such as Restoration Hardware (now simply RH). Photography by This is having a profound impact on the commercial market that will trickle down to business owners who are tenants of these billionaire landlords. Leonards niece Aerin Lauder Zinterhofera newcomer to the Forbes Worlds Billionaires listbought her own Aspen pad in 2009, a 5,500-square-foot home in Mountain Valley, where, according to Vogue, she likes to lounge about in Sorel boots and mens flannel shirts. While picking their pockets he simultaneously sets them up as the bad guys when things go south. To achieve this, says Chris Bendon, Hunts land-use consultant, the development team will consider the massing of buildings and materials used. A similarly unlikeable Snowmass Base Village developer was shown the door several years back also due to lots of unfulfilled commitments and promises luckily never to be heard from again. Baytex Energy Corp. announced on Tuesday that is has agreed to acquire Eagle Ford Shale pure play Ranger Oil Corp. for $2.5 billion, including net debt of $650 million. If it were up to me, Id tell Hunt and his financial partners their planning schemes have run their course in Aspen and then show them the door, with advice to exit quickly before it hits them in the ass. #11Name: Crown familyNet worth: $7.3 billionAge: N/APrimary residence: Chicago, IllinoisForbes 400 ranking: not currently rankedForbes Worlds Billionaires ranking: not currently rankedSource of wealth: Inherited, investmentsStake in Aspen: Aspen Skiing Company, multiple propertiesNotes: Besides the four Aspen/Snowmass ski areas, the Crown familys investments include defense contractor General Dynamics, the New York Yankees, Chicago Bulls, and Rockefeller Center. 44) did well with the family masonry business before turning to fracking. Affair with N/A. All but three are on the 2014 Forbes Worlds Billionaires list. #23Name: John A. SobratoNet worth: $4.7 billionAge: 75Primary residence: Atherton, CaliforniaForbes 400 ranking: 110Forbes Worlds Billionaires ranking: 336Source of wealth: Real estateStake in Aspen: Seven Timbers Club units worth $11.6 millionNotes: Sobratos Silicon Valley real estate firm owns 7.5 million square feet of commercial space, with tenants including Apple and Yahoo. #1Name: David KochNet worth: $41.6 billionAge: 74Primary residence: New York City, New YorkForbes 400 ranking: 4Forbes Worlds Billionaires ranking: 6Source of wealth: Diversified, including energy, agricultural materials, and pulp and paperStake in Aspen: Two West End homes together worth $12.8 millionNotes: Koch, with his brother Charles, has tried to reshape the political landscape of America by giving millions to conservative and libertarian causes and candidates through various business and political networks. (Links to public records are at aspenjournalism.com.). #38Name: Penny PritzkerNet worth: $2.4 billionAge: 55Primary residence: Chicago, IllinoisForbes 400 ranking: 252Forbes Worlds Billionaires ranking: 761Source of wealth: Hotels, investmentsStake in Aspen: Paid $9.5 million for a Castle Creek propertyNotes: Commerce Secretary Pritzker, currently the highest-ranked political appointee on our list, is finishing a new home on her Castle Creek property. Styled by #41Name: Howard SchultzNet worth: $2.1 billionAge: 60Primary residence: Seattle, WashingtonForbes 400 ranking: 273Forbes Worlds Billionaires ranking: 865Source of wealth: StarbucksStake in Aspen: $17.2 million home on lower Smuggler MountainNotes: Raised in Brooklyn housing projects, the man who took Starbucks public paid $20 million for his Aspen house in 2011. The progressive executive also has investments in Lululemon, eBay, and Groupon. With the $10 million purchase of the Aspen Daily News building last week, downtown developer Mark Hunt and investors now are linked to at . To date, Hunt has redeveloped only one building in his large portfolio: the Galena Street structure that now houses Lululemon, Dolce and Gabbana, and Theory. You are certainly not going to discredit him by asking an appraiser. Famous Name Mark Hunt. Aspen Sojourner. Rafael Nadal, with his $11,900,000 annual income, probably pays no less than $1,190,000. Mark Hunt Wanderlei Silva 1 0 76 31 0 7 0 2 PRIDE Shockwave 2004 Dec. 31, 2004 S-DEC 3 5:00 win. Photography by Success! Styled by #5Name: John PaulsonNet worth: $13.5 billionAge: 58Primary residence: New York City, New YorkForbes 400 ranking: 36Forbes Worlds Billionaires ranking: 84Source of wealth: Hedge fundsStake in Aspen: $52.6 million Starwood estateNotes: Paulson vacationed in Aspen for 25 years before buying a home here, according to his spokesman, who added that Paulson plans to reduce the scale of the 56,000-square-foot main house on the Starwood estate he bought in 2012. Illustrations by Losing his salary arbitration case, and hearing what the Milwaukee Brewers said in his arbitration hearing has not been received well by pitching ace, Corbin Burnes. 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Other billionaires with Aspen ties who made it rich through real estate include John Sobrato, Mortimer Zuckerman, Herbert Simon, and Neil Bluhm. #18Name: Ann Walton KroenkeNet worth: $5 billionAge: 65Primary residence: Columbia, MissouriForbes 400 ranking: 95Forbes Worlds Billionaires ranking: 307Source of wealth: WalmartStake in Aspen: Four properties worth $28.7 million (see Stanley Kroenke, no. The former chairman and co-founder of Aspen Medical tells Four Corners how the company obtained access to senior ranks of the Coalition government before it made more than $1 billion from the . #32Name: Edward LampertNet worth: $3.2 billionAge: 51Primary residence: Miami Beach, FloridaForbes 400 ranking: 184Forbes Worlds Billionaires ranking: 524Source of wealth: Hedge fundsStake in Aspen: $14.5 million Starwood homeNotes: Chummy with fellow Aspen homeowners and finance men Daniel Och and the Ziff brothers, Lamperts highest-profile investments were Kmart and Sears (He is CEO of the latter, which used to have an outlet in Aspen.). Frontier Airlines is the latest air carrier to help adults flying with children by automatically assigning seats next to their child without a fee. By Of course, we have no use for a penthouse in our government operations, so how did Mr. Hunt convince us? Here, then, are the Aspen 50: the fifty wealthiest people in the world with property in Pitkin Countyand there are almost certainly more than those who appear on our list. David O. Marlow A subsidiary of Related bought back Base Village in 2012 and is expected to soon begin the land-use process to determine how to complete it. Overall, 2019s total dollar volume was just a shade below 2018. Karl Wolfgang Mark Fuller, 02/20/2020 Matty Newton, 07/14/2020 My ultimate goal is to connect the town with the people who live here.. White Sox' Dylan Cease, Brewers' Corbin Burnes join Scherzer with "A+" slider grades. Gold said the developer has another two under contract, one of which will turn some heads if the sale closes. I dont know where they got this idea, but whoever planted the seed was brilliant. She was national finance chairwoman for Obamas 2008 campaign and a key fundraiser in his reelection. Mr. Hunt also talked us into buying 5,500 square feet of gorgeous rooftop space next door, above Lululemon for around $9.5 million. Perhaps Bill is retreating to his Paonia ranch, where he re-created an Old West town. #1. Carolyn Sackariason As of 2021, the Hunt family is ranked #18 in America's richest family with a total net worth of $15.5 billion. Success! Sure, he will have to spend nearly $8 million to rebuild halfway decent offices for the city there, but that still leaves him with enough profit to about double his money. Canberra-based Aspen Medical would go on to win taxpayer-funded contracts without a public tender worth more than $1.1 billion. By On the other hand, the second-home industry and escalating property values have replaced once vibrant Aspen neighborhoods with blocks of large, lifeless houses; marred once-pristine landscapes; exacerbated traffic, congestion, and pollution; and driven many locals down or out of the valley. While a major employer in Paonia, he has angered some there by proposing a federal land swap that locals claim will block access to public lands. As the hedge fund industry has grown, so has that sectors stake in Aspen. Photography by Billionaire's are constantly in the media and spotlight. Gold specifically referenced Mark Hunt, whom Gold said is bankrolled by two billionaire investors. Concerns are rising that generative AI such as ChatGPT produce manipulative outputted essays. Sarah Chase Shaw, 12/15/2022 The billionaires net worths, which Forbes now tracks daily, are listed as estimated by Forbes on June 9, 2014, and in May 2014 by the Los Angeles Business Journal. Catch up on the week's most-read stories. With Net worth: $41.6 billion. Nationality: New Zealand. Email notifications are only sent once a day, and only if there are new matching items. #31Name: John DoerrNet worth: $3.3 billionAge: 62Primary residence: Woodside, CaliforniaForbes 400 ranking: 184Forbes Worlds Billionaires ranking: 513Source of wealth: Venture capitalStake in Aspen: $11.6 million home on Hunter CreekNotes: An investor in Google, Facebook, and others, the Aspen Institute trustee was a founding funder of Aspen nonprofit For the Forest, which targeted beetle-infested lodgepole pines on Smuggler MountainDoerrs backyard. Healso has the Paul Frank brand, whose cartoon Julius the Monkey adorns clothing, accessories, and other products. That would make Aspen one of the most billionaire-saturated markets on the planet. If you look around town, that appears to be happening with increased regularity. Charles and David, who hold twice-yearly meetings for like-minded, ultra-wealthy investors who are politically active in the brothers conservative agenda, hosted one such gathering at the St. Regis in 2010. Be the first to know what's happening as it's happening. I think you will have to admit that Mr. Hunt is at least smarter than the potential buyers who signed that contract, right? 20). #37Name: Mortimer ZuckermanNet worth: $2.5 billionAge: 77Primary residence: New York CityForbes 400 ranking: 243Forbes Worlds Billionaires ranking: 745Source of wealth: Real estate, mediaStake in Aspen: Red Mountain home worth $5.6 millionNotes: The owner and publisher of New York Daily News and U.S. News & World Report (and editor of the latter), Zuckerman is one of several Aspen residents who was ripped off by Bernie Madoffs Ponzi scheme. If there are new matching items 11,900,000 annual income, probably pays no less than $ billion! 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