Features

THE 2007 WINDFALL REPORT AMERICA'S 50 RICHEST PAYDAYS: WHO, WHAT, AND HOW MUCH

April 2008
Features
THE 2007 WINDFALL REPORT AMERICA'S 50 RICHEST PAYDAYS: WHO, WHAT, AND HOW MUCH
April 2008

THE 2007 WINDFALL REPORT AMERICA'S 50 RICHEST PAYDAYS: WHO, WHAT, AND HOW MUCH

Stock cash-outs, I.P.O.’s, sales of companies, real-estate deals—PETER NEWCOMB identifies the players whose bottom lines got the highest boost last year

RAM SHRIRAM

$272 MILLION

An early backer of Google. Shriram has pul more than three million shares of the Internet-search company on the block since it went public, in 2004

JERRY PERENCHIO

$1.3 BILLION

In March, the TV veteran (he was partners with All in the Family producer Norman Lear) said adios to Univision, the nation's largest Spanishlanguage broadcaster, in exchange for SI3.7 billion.

NICOLAS HANAUER

$282 MILLION

Tech outfit aQuantive bought by Microsoft for $6 billion.

ROXANNE QUIMBY

$185 MILLION

Clorox took on her eco-friendly cosmetics concern.

MICHAEL KRASNY

$970 MILLION

CDW off-loaded for $7.3 billion.

DWIGHT SCHAR

$193 MILLION

Sold NVR shares

PHILIP KNIGHT

$780 MILLION

Unloaded Nike stock.

BARRY DILLER

$300 MILLION

All in a day's work

CHANDLER FAMIIS

$1.7 BILLION

Newspaper clan pushed for the sale of Tribune Co.

MICKY ARISON AND FAMILY

$520 MILLION

Sale of Carnival stock.

PHILLIP RUFFIN

$1.2 BILLION

Cashed in a 34-acre parcel in Las Vegas.

J. DARIUS BIKOFF

$325 MILLION

Bikoff founded Glaceau. maker of Vitaminwater and Smartwater, after finding contaminants in his bottled water. Coca-Cola guzzled it up for S4.I billion, likely earning him far more than S325 million.

RAY DAVIS

$600 MILLION

After a career in the energy business, the Texan stepped down as co-chief of Energy Transfer, but not before pulling the plug on $600 million in stock.

STEPHEN SCHWARZMAN

$684 MILLION

Blackstone public offering.

WILLIAM POLLOCK

$183 MILLION

Online venture Laureate Education sold for $3.4 billion.

LEONARD RIGGIO

$200 MILLION

Closed the book on GameStop shares.

SUMMER REDSTONE

$362 MILLION

Cranky Viacom overlord ditched stock

LEWIS EISENBERG

$356 MILLION

Flipped the switch on ITC Holdings stock.

REUBEN MARK

$230 MILLION

Former Colgate-Palmolive chief cleansed his portfolio

MARC BENIOFF

$190 MILLION

Dispensed Salesforce. com stock.

JOHN DOERR

$250 MILLION

The Silicon Valley venture capitalist has made a number of prescient investments, few sweeter than Google. He still has plenty of shares stashed away.

HOW MUCH MONEY IS ALL OF THIS?

If all the dollars identified on these pages ($29,343,000,000) were stacked, they would reach the height of the International Space Station ...

NINE TIMES!

(1,990 MILES)

HAROLD HAMM

$291 MILLION

The Oklahoma wildcatter tapped into a billion-dollar fortune by taking Continental Resources, his oiland-gasexp I ora t ion company, public.

RANDAL J. KIRK

$1.2 BILLION

Sold New River Pharmaceuticals for $2.6 billion.

SOURCE: V.F. estimates, FactSet Research Systems,Forbes

WILLIAM DORE

$218 MILLION

Sale of Global Industries stock.

GEORGE LUCAS

$200 MILLION

Sold his Hasbro warrants at a premium

HAIM SABAN

$970 MILLION

The former music promoter earned his first fortune with the Mighty Morphin Power Rangers.

He made a billion selling a big piece of German broadcaster ProSiebenSat.l Media AG.

RAJ VATTIKUTI

$195 MILLION

Outsourcing firm, Covansys, sold for $1.3 billion.

PAUL ALLEN

$775 MILLION

Sold slakes in DreamWorks and Oxygen Media.

ISADORE SHARP

$288 MILLION

Four Seasons hotel chain sold for $3.7 billion.

ERIC SCHMIDT

$600 MILLION

Unloaded Google stock.

PETE PETERSON

$1.9 BILLION

Peterson successfully cashed out in the Blackstone I P. O. He intends to give a substantial portion of the proceeds to charity.

SAM ZELL

$900 MILLION

Sold Equity Office Properties Trust to Blackstone for $39 billion

CHARLES SCHWAB

$385 MILLION

The discount stockbroker avoided the big meltdowns suffered by his bigger, higher-fee-charging Wall Street peers—all "" the more reason for

Chuck to sell shares of his companybuoyant stock.

TROUBLE

$12 MILLION

Leona Helntsley’s pooch inherited $12 million upon the Queen of Mean's death.

JAMES JANNARD

$1.3 BILLION

Oakley founder sold out for $2.1 billion.

DONALD AND DORIS USHER

$250 MILLION

The Gap stock sales.

JAMES CRANE

$338 MILLION

His EGL bought by Apollo Management.

BANCROFT FAMILY

$1.2 BILLION

Sold Dow Jones to Rupert Murdoch.

SCHAEFER FAMILY

$235 MILLION

Their Claire s Stores were grabbed for $3.1 billion.

MICHAEL WALRATH

$340 MILLION

Sold

Right Media to Yahoo. A

LARRY ELLISON

$1.1 BILLION

Though he unloaded more than $1 billion

worth of Oracle stock, j reports of Ellison's cash-Jlow problems appear to be greatly exaggerated.

WARREN KANDERS

$300 MILLION

Shed Armor Holdings for $4.1 billion.

DANE MILLER

$265 MILLION

Sold Biomet for $11 billion.

MURDOCH FAMILY

$960 MILLION

How to best celebrate your purchase of Dow Jones? Shower your kids with dough! The News Corp. titan did just that, giving each of his six children $160 million in cash and stock.

PAUL ORMOND

$190 MILLION

The C. E. O. of Manor Care will be in fine fettle after selling his health-care operator to the Carlyle Group for $6.3 billion.

NILES NOBLITT

$177 MILLION

Willi Biomet founder Dane Miller (above), Nohlitt helped stitch together the $11 billion deal for the medical-device manufacturer.

HOWARD SOLOMON

$222 MILLION

Solomon made a pretty penny on Lincoln’s birthday, pruning 4.3 million shares of Forest Laboratories stock.

ARMANDO CODINA

$190 MILLION

His real-estate and railroad operations bought by Fortress for $3.5 billion.

RONALD TUTOR

$182 MILLION

Perini chief sold stock.

JAMES KIM AND FAMILY

$278 MILLION

Three years ago Kim peddled his retail chain. Electronics Boutique, to GameStop for $ 1.4 billion in cash and stock.

Hebeen selling shares ever since.

BILL GATES

$2.8 BILLION

The world’s richest man downloaded $2.5 billion worth of Microsoft stock last year.