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30 LOS ANGELES BUSINESS JOURNAL MAY 19, 2014 WEALTHIEST ANGELENOS THE LIST Ranked by net worth, in millions WINNERS & LOSERS See page 32 1. Patrick Soon-Shiong 2. Elon Musk 3. Sumner Redstone 4. Eli Broad 5. Kirk Kerkorian 6. David Geffen 7. Don & Jin Sook Chang 8. John Tu 9. Stewart and Lynda Resnick 10. Donald Sterling 11. Steven Udvar-Hazy 12. Haim Saban 13. William Hilton 14. Steven Spielberg 15. Tamara Gustavson 16. Tom Gores 17. Jerrold Perenchio 18. Ed Roski 19. Anthony Pritzker 20. Jeffrey Skoll 21. Alec Gores 22. David Murdock 23. Marion Anderson 24. Rick Caruso 25. Andrew & Peggy Cherng 26. Don Hankey 27. Nicolas Berggruen 28. Bruce Karsh 29. Gary Michelson 30. Neil Kadisha 31. George Joseph 32. Michael Eisner 33. Wayne Hughes 34. Michael Milken 35. Thomas Barrack 36. Ryan Kavanaugh 37. Bassam Alghanim 38. Charlie Munger 39. Marc Nathanson 40. Ray Irani 41. Eric Smidt 42. Tony Ressler 43. Vera Guerin 44. Jeffrey Katzenberg 45. Richard Kayne 46. Ted Field 47. John Shea 48. Aubrey Chernick 49. Isaac Larian 50. Lowell Milken 3. SUMNER REDSTONE NET WORTH: $7.7 BILLION | 45% | LAST YEAR: $5.3 BILLION AGE: 90 RESIDENCE: BEVERLY HILLS SOURCE OF WEALTH: BROADCASTING, MOVIE THEATERS 4. ELI BROAD NET WORTH: $7.4 BILLION | 4.4% | LAST YEAR: $7.1 BILLION AGE: 80 RESIDENCE: LOS ANGELES SOURCE OF WEALTH: HOMEBUILDING, INSURANCE 1. PATRICK SOON-SHIONG NET WORTH: $13.9 BILLION | 31% | LAST YEAR: $10.6 BILLION AGE: 61 RESIDENCE: WEST LOS ANGELES SOURCE OF WEALTH: PHARMACEUTICALS 2. ELON MUSK NET WORTH: $9.6 BILLION | 68% | LAST YEAR: $5.7 BILLION AGE: 42 RESIDENCE: BEL AIR SOURCE OF WEALTH: E-COMMERCE, TECHNOLOGY 5. KIRK KERKORIAN NET WORTH: $6.7 BILLION | 18% | LAST YEAR: $5.7 BILLION AGE: 96 RESIDENCE: BEVERLY HILLS SOURCE OF WEALTH: INVESTMENTS, CASINOS 7. DO WON ‘DON’ & JIN SOOK CHANG NET WORTH: $5.6 BILLION | 4.7% | LAST YEAR: $5.35 BILLION RESIDENCE: BEVERLY HILLS SOURCE OF WEALTH: APPAREL RETAILING 8. JOHN TU NET WORTH: $4.5 BILLION | 88% | LAST YEAR: $2.4 BILLION AGE: 72 RESIDENCE: ROLLING HILLS SOURCE OF WEALTH: COMPUTER TECHNOLOGY 6. DAVID GEFFEN NET WORTH: $5.9 BILLION | 16% | LAST YEAR: $5.1 BILLION AGE: 71 RESIDENCE: MALIBU SOURCE OF WEALTH: MUSIC, MOVIE PRODUCTION 9. STEWART & LYNDA RESNICK NET WORTH: $4 BILLION | 2.6% | LAST YEAR: $3.9 BILLION RESIDENCE: BEVERLY HILLS SOURCE OF WEALTH: AGRICULTURE, RETAIL 10. DONALD STERLING NET WORTH: $3.84 BILLION | 15% | LAST YEAR: $3.35 BILLION AGE: 80 RESIDENCE: MALIBU SOURCE OF WEALTH: REAL ESTATE THE TOP 10 $13,900 $9,570 $7,666 $7,410 $6,700 $5,900 $5,600 $4,500 $4,000 $3,840 $3,840 $3,800 $3,730 $3,700 $3,670 $3,500 $3,500 $3,400 $3,330 $3,240 $3,150 $3,100 $3,010 $3,000 $2,890 $2,300 $2,000 $1,732 $1,700 $1,540 $1,500 $1,500 $1,500 $1,660 $1,450 $1,400 $1,370 $1,340 $1,330 $1,285 $1,170 $1,140 $1,100 $1,080 $1,080 $1,028 $1,010 $1,010 $926 $870

THE TOP 10 - Amazon S3€¦ · 10. Donald Sterling 11. Steven Udvar-Hazy 12. Haim Saban 13. William Hilton 14. Steven Spielberg 15. Tamara Gustavson 16. Tom Gores 17. Jerrold Perenchio

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30 LOS ANGELES BUSINESS JOURNAL MAY 19, 2014

WEALTHIEST ANGELENOSTHE LIST Ranked by net worth, in millions

ON

! WINNERS & LOSERS See page 32

1. Patrick Soon-Shiong

2. Elon Musk

3. Sumner Redstone

4. Eli Broad

5. Kirk Kerkorian

6. David Geffen

7. Don & Jin Sook Chang

8. John Tu

9. Stewart and Lynda Resnick

10. Donald Sterling

11. Steven Udvar-Hazy

12. Haim Saban

13. William Hilton

14. Steven Spielberg

15. Tamara Gustavson

16. Tom Gores

17. Jerrold Perenchio

18. Ed Roski

19. Anthony Pritzker

20. Jeffrey Skoll

21. Alec Gores

22. David Murdock

23. Marion Anderson

24. Rick Caruso

25. Andrew & Peggy Cherng

26. Don Hankey

27. Nicolas Berggruen

28. Bruce Karsh

29. Gary Michelson

30. Neil Kadisha

31. George Joseph

32. Michael Eisner

33. Wayne Hughes

34. Michael Milken

35. Thomas Barrack

36. Ryan Kavanaugh

37. Bassam Alghanim

38. Charlie Munger

39. Marc Nathanson

40. Ray Irani

41. Eric Smidt

42. Tony Ressler

43. Vera Guerin

44. Jeffrey Katzenberg

45. Richard Kayne

46. Ted Field

47. John Shea

48. Aubrey Chernick

49. Isaac Larian

50. Lowell Milken

3. SUMNER REDSTONENET WORTH: $7.7 BILLION | "45% | LAST YEAR: $5.3 BILLIONAGE: 90 RESIDENCE: BEVERLY HILLSSOURCE OF WEALTH: BROADCASTING, MOVIE THEATERS

4. ELI BROADNET WORTH: $7.4 BILLION | "4.4% | LAST YEAR: $7.1 BILLIONAGE: 80 RESIDENCE: LOS ANGELESSOURCE OF WEALTH: HOMEBUILDING, INSURANCE

1. PATRICK SOON-SHIONGNET WORTH: $13.9 BILLION | "31% | LAST YEAR: $10.6 BILLIONAGE: 61 RESIDENCE: WEST LOS ANGELESSOURCE OF WEALTH: PHARMACEUTICALS

2. ELON MUSKNET WORTH: $9.6 BILLION | "68% | LAST YEAR: $5.7 BILLIONAGE: 42 RESIDENCE: BEL AIRSOURCE OF WEALTH: E-COMMERCE, TECHNOLOGY

5. KIRK KERKORIANNET WORTH: $6.7 BILLION | "18% | LAST YEAR: $5.7 BILLIONAGE: 96 RESIDENCE: BEVERLY HILLSSOURCE OF WEALTH: INVESTMENTS, CASINOS

7. DO WON ‘DON’ & JIN SOOK CHANGNET WORTH: $5.6 BILLION | "4.7% | LAST YEAR: $5.35 BILLIONRESIDENCE: BEVERLY HILLSSOURCE OF WEALTH: APPAREL RETAILING

8. JOHN TUNET WORTH: $4.5 BILLION | "88% | LAST YEAR: $2.4 BILLIONAGE: 72 RESIDENCE: ROLLING HILLSSOURCE OF WEALTH: COMPUTER TECHNOLOGY

6. DAVID GEFFENNET WORTH: $5.9 BILLION | "16% | LAST YEAR: $5.1 BILLIONAGE: 71 RESIDENCE: MALIBUSOURCE OF WEALTH: MUSIC, MOVIE PRODUCTION

9. STEWART & LYNDA RESNICKNET WORTH: $4 BILLION | "2.6% | LAST YEAR: $3.9 BILLIONRESIDENCE: BEVERLY HILLSSOURCE OF WEALTH: AGRICULTURE, RETAIL

10. DONALD STERLINGNET WORTH: $3.84 BILLION | "15% | LAST YEAR: $3.35 BILLIONAGE: 80 RESIDENCE: MALIBUSOURCE OF WEALTH: REAL ESTATE

THE TOP 10

$13,900

$9,570

$7,666

$7,410

$6,700

$5,900

$5,600

$4,500

$4,000

$3,840

$3,840

$3,800

$3,730

$3,700

$3,670

$3,500

$3,500

$3,400

$3,330

$3,240

$3,150

$3,100

$3,010

$3,000

$2,890

$2,300

$2,000

$1,732

$1,700

$1,540

$1,500

$1,500

$1,500

$1,660

$1,450

$1,400

$1,370

$1,340

$1,330

$1,285

$1,170

$1,140

$1,100

$1,080

$1,080

$1,028

$1,010

$1,010

$926

$870

30_32_wealthiest_graphic.qxp 5/15/2014 3:33 PM Page 30

32 LOS ANGELES BUSINESS JOURNAL MAY 19, 2014

Figures in millions(change from a year ago)

+$3,863

+$3,300

+$2,366

+$2,100

+$1,000

+$500

+$500

+$800

+$499.9

+$490

+$480

+$445

+$430

+$410

+$390

+$340

+$310

+$300

+$300

+$250

+$249.9

+$220

+$200

+$150

+$150

+$140

+$123

+$114

+$110.2

+$110

+$110

+$100

+$100

+$95

+$40

+$2

NO CHANGE

NEW TO LIST

-$66

-$60

-$5

-$70

WINNERS & LOSERS

ELON MUSKThough not as rapid an ascent aslast year, Musk’s Tesla andSolarCity shares continued rise.

+$460

PATRICK SOON-SHIONGValue of privately held NantWorksenterprises increase throughoutside investments.

JOHN TUGlut of microchipsabated, fueling demandfor Kingston products.

CHARLIE MUNGERNonagenarian investor has beenmaking large charitable gifts.

DON HANKEYRevenue shot up 20 percent asHankey’s Westlake FinancialServices expanded.

RAY IRANIRise in value of Occidental stock was offset by drop innumber of unrestricted shares.

DO WON ‘DON’ & JIN SOOK CHANGChangs’ Forever 21 chain debutslow-priced alternative F21 Red asrevenue exceeds $4 billion.

JEFF SKOLLReturns to thelist as localresidency isfirmly estab-lished.

NICOLASBERGGRUENFormer “home-less billionaire”buys L.A. home,spends timeat eponymousinstitute here.

BASSAMALGHANIMQuiet presencein Los Angelescomes to lightthrough litiga-tion over familyfinancial empire.

TONY RESSLERIPO of AresManagementsheds light oninvestmentbanker’s vastholdingsin the business.

VERA GUERINHeir to ShapellIndustriesfortune joinslist after lastyear’s sale ofhomebuildingbusiness.

RIC KAYNEDeeper look atKayne Andersonholdingsreveals extentof Kayne’swealth.

ERIC SMIDTDebt offeringby his HarborFreight offersglimpse atcompanyfinances.

ISAAC LARIANRevenue at MGAEntertainment,largest privatetoymaker in theworld, nearing$1 billion.

HOWARD MARKSOaktree Capitalco-founder nowconsiders NewYork home.DAVID HEARSTalso left the area.

ARRIVALS DEPARTURES

Elon Musk

Patrick Soon-Shiong

Sumner Redstone

John Tu

Kirk Kerkorian

David Geffen

Alec Gores

Rick Caruso

Tom Gores

Donald Sterling

Anthony Pritzker

Don Hankey

Haim Saban

William Hilton

Ed Roski

Steven Udvar-Hazy

Jerrold Perenchio

Eli Broad

Steven Spielberg

Marion Anderson

Don & Jin Sook Chang

Michael Eisner

Neil Kadisha

Thomas Barrack

George Joseph

Marc Nathanson

Andrew & Peggy Cherng

Jeffrey Katzenberg

Tamara Gustavson

Ted Field

Gary Michelson

Aubrey Chernick

Stewart and Lynda Resnick

David Murdock

Michael Milken

Wayne Hughes

Bruce Karsh

Ryan Kavanaugh

Jeffrey Skoll

Nicolas Berggruen

Bassam Alghanim

Eric Smidt

Tony Ressler

Vera Guerin

Richard Kayne

Isaac Larian

Ray Irani

John Shea

Charlie Munger

Lowell Milken

With 48 billionaires on thisyear’s list, eight more thanlast year, a higher barpushed six members of the2013 class off this year.Gone are:PETER LOWYROBERT DAYGLORIA JOSEPHKOU FAMILYJERRY BRUCKHEIMERJAMES CAMERON

! THE LIST continued from page 30

30_32_wealthiest_graphic.qxp 5/15/2014 3:36 PM Page 32