He's making loans at 5. No. $ish $$ (When they divorced six years later, Juliana got a $600,000 settlement, the Lexus, a fur coat and the shar-pei.) A more than 60% surge in the share price of his luxury goods firm Compagnie Financiere Richemont maker of Cartier watches and Montblanc pens pushed his fortune to $11 billion, up from $7.2 billion a year ago, making him the biggest gainer on the list. Even at Santa Fes vaunted living wage, a person would have to save every penny for 125 years to even put the traditional 20 percent down payment on financier Jeffrey Epsteins Santa Fe ranch. But Garrett Thornburg will be OK. "We were targeted," Santa Fe Councilor Miguel Chavez, who voted against financing the Thornburg campus in 2007, says. She never remarried. Waxman, 68, founded Psilos Group Managers, a venture capital fund that specializes in health care technologies. Jirby filed for divorce in 1986, citing a "conflict of personalities." For the 11th year in a row, Alike Dangote of Nigeria is the continents richest person, worth an estimated $13.9 billion, up from $12.1 billion last year following a 30% increase in the stock price of Dangote Cement, his most valuable asset. Although Meaghan wasn't in pageants herself, she definitely had friends that competed, and she knew a lot about this world. Branchs projects include the San Isidro Plazas 1 and 2, as well as the housing developments Cielo Azul and Colores del Sol. The company is best known for the brands Cartier and Montblanc. Net worth: $8.7 billion Rank in 2021: 3 Net worth in 2021: $8 billion Origin of wealth: Diamonds Industry: Metals and mining Age: 76 Country: South Africa Residence: Johannesburg. In 2001 he purchased the Palomino Club, a popular strip joint in northern Las Vegas, Nev. Kate Moss, Vice Chair In the past two years, Thornburg lost a lot of moneybut hes probably still far beyond the $36 million net worth Crosswinds estimated in 1996. Originally a Lily grew up in Santa Fe. Jerry Landgraf* That was always the mantra from day one until the day I left," Chicaferro says. $$$ Wayne A Reaud Cohan explains how Thornburg Mortgage funded its operations "most often by obtaining short-term, often overnight, borrowings" backed by the mortgages it held. Jirby and Thornburg had taken out a mortgage to remodel a home Jirby had purchased, where she and Lloyd lived. During their separation, Thornburg paid Jirby $2,500 a month to care for herself and their son. Carol Cochran However, according to Thornburg's possibly lowballed estimate, the state, the county and the schools are out $368,000 a year. Louise Campbell-Tolber* Let's see what we can negotiate. The 10 Richest People in South Africa - Money Inc Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. Where is Yvette Mimieux now? Brian Montgomery* Devin Lujan* Catherine Oppenheimer is 59 years old and was born on 07/24/1963. Back in 1985, he sued a local contractor over the 14,000-square-foot indoor horse-riding arena hed built on his property; the contractors estimate was $321,000, but it ended up costing twice as much. He owns just over 50% of the publicly-traded Econet Wireless Zimbabwe, which is one part of his larger Econet Group. Trish Farr* History reports that she died in her home in Old Saybrook, Connecticut, from natural causes. All of the continents billionaires are men; Isabel dos Santos of Angola fell off the Forbes list in January 2021. He led Naspers to pay a reported $34 million for a third of Chinese Internet firm Tencent Holdings in 2001 perhaps the greatest venture investment ever. WE DIDNT FORGET: Some usual suspects Ad sales may be down and writers may be grumbling about late pay, but the Outside magazine magnate still owns Santa Fes seventh most valuable property, a sprawling $9 million ranch north of town on Silver Meadow Road. "I was probably the first Harvard MBA to be on unemployment," Thornburg told New Mexico Business Weekly in 2006. Meanwhile, Thornburg's political allies pushed the project forward. His leadership of global warehouse giant ProLogis suggests a 21st century free marketeer, but hes got a bookish side, as a former St. Johns College board chair and director of Farrar, Straus and Giroux publishing. Born in Ames, Iowa, Russell grew up with a passion for music, performing and the arts. Not Thornburg. They also bought and sold Ghiradelli Chocolates. Thornburg's empire was built on his grasp of both market trends and government regulations. Steve Tolber*, Visit Our Dance StudiosThe Hiland Theater in Albuquerque & The Dance Barns in Santa Fe, CONTACT USEMPLOYMENTCALENDARFACILITY RENTALSMEDIA ROOMBOARD PORTAL, National Dance Institute of New Mexico is a 501(c)(3) not-for-profit organization and donations are tax-deductible. W/C Only two of the 18 billionaires have net worths that are lower than last year: Koos Bekker of South Africa, who dropped to $2.7 billion from $2.8 billion, and Mohammed Dewji of Tanzania, whose fortune fell to $1.5 billion from $1.6 billion a year ago. Chelsea has performed as Corey holds a B.S. The Legislative Finance Committee suggested the true benefit lay elsewhere: "LFC is aware of one company already located in New Mexico, Thornburg Investment Management, which will benefit from the proposed deduction"to the tune of $210,000 annually. Michael L Klein Nicky Oppenheimer is a South African billionaire businessman and philanthropist @Nairametrics. Instead of just buying loans, the company would make them, too. Leslie Nathanson Juris He owns at least 720 square miles of conservation land across South Africa, Botswana, Zimbabwe,. He danced with Kimura is a pianist internationally active in both classical and popular styles. She's been with the Oppenheim Group for three years, and it looks like she has done pretty well for herself, considering her net worth is $1 million. He failed. Randy Travis The core values of NDI New Mexico are well matched for the core values of our firm. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. she says. Jumping into the No. Theres a point, here. The generally accepted version of events leading to the fall of Thornburg is nicely laid out in a new book, House of Cards, by William Cohan. Stephen L Feinberg Miller famously beat the stock market for 15 years running with his Baltimore-based mutual fund, the Legg Mason Value Trust. Former Councilor Karen Heldmeyer, the other "no" vote, says she grew frustrated by "backroom deals" and decided not to seek re-election. In the accepted version of events, Thornburg was a victim. He was building this famousin his estimationbuilding. Over the three months leading up to March 2008, "Thornburg received margin calls totaling $1.777 billion" and came up $610 million short, Cohan writes"a dismal performance." He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. The Davises make their money managing other peoples, through their mutual funds; its a successful family business going back a couple of generations to New York. It's harder to get a mortgage these days. A University of New Mexico graduate, Kai began dancing at an early age in Santa Fe, New Mexico at Dance for Joy, Charisma and NDI New Kimberly White was born and raised in Albuquerque, New Mexico. Evidently, he thought his companies, already worth millions, should pay even less. Nigerian cement tycoon Abdulsamad Rabiu is $1.5 billion richer after taking yet another of his companies public, following the listing of BUA Cement in January 2020. The Academy-award nominated and Golden Globe-winning actress (Love Story) has lived in Santa Fe since 1994, and is well-known for her approachability and generosity to numerous Santa Fe causes, including animals and the arts. It will be one of the tallest buildings in Africa. Santa Fe Review Editor George Johnson has a24/7 webcam trained on the Ford mansion (and on the Davises property; see Some usual suspects). EEE By all accounts, Bear Stearns wasn't interested. 3, worth an estimated $8.7 billion. Those jobs, and the wealth they created, justified the tax breaks Thornburgs companies won over the years and the public accolades theyve received. Catherine Oppenheimer He graduated Harvard Business Schoolthe tycoons' training groundin 1970. Sonny Otero Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. Next to that nonprofit fortune, Lannans $729,000 home on Camino Militar looks relatively modest. CELEBRITIES: You may have heard of them Thornburg bought in bulk home loans made by other companies to the most creditworthy borrowers, and sold those loans as securities. According to reports, the brothers both stand at five feet and six inches tall. Ali MacGraw He would also keep his father's gun collection and his interest in Thornburg Sheep Co. back in Minnesota. The companies pledged to "create 100-200 new permanent jobs." New York Magazine called it a rugged adobe pleasure dome in a 2006 story about the controversy the home caused; many locals use harsher words. In public schools throughout the state, our expert instructors lead programs that are character-building and use dance to teach an important life lesson: that working hard, doing your best, never giving up, and living a healthy life equals success. Andrew & Sydney Davis Starring Catherine Zeta-Jones as Vicki, a former beauty queen and current pageant coach who tries to coach an unlikely young woman through the brutal pageant world. With that, we present this incomplete list of Santa Fes rich and not-always famous. Nicky Oppenheimer & family - Forbes Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. Her direct responsibilities include serving as the primary external Jesse Martinez was born and raised in Santa Fe, NM and joined the NDI-NM family in 1999 through the In-School program. Its unclear whether he owns property here. The Times blurbed Thornburg in June 1979, when the company made him a vice president. "Garrett always, always, always purchased only the best loans. J Tylee Wilson Congratulations to the @BUAgroup and his family . Paul Allen Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. 30 Apr 2023 21:08:34 The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it. There were two parts to it. Money is a slippery thing, especially now. E/C Koos Bekker is revered for transforming South African newspaper publisher Naspers into an e-commerce investor and cable TV powerhouse. $$ish Nicky Oppenheimer net worth: Nicky Oppenheimer's net worth is $8 billion which makes him one of the richest people in South Africa. $$ish He donates big to Democratic politicians and the Center for Contemporary Arts. Jane Fonda While delighting investors, Thornburg angered neighbors. The 32-year-old has a knack for selling houses in her blood. $$$ Home base unknown NM since 1994, except for a five-year detour to Fort Worth Texas where she was the Executive Director. "The 'genius' element was very simple. H Garrett Thornburg Jr. He Kate Moss grew up in St. Louis, MO prior to heading East to attend Vassar College. Thornburg spokesman Miller says that won't happen anyway and that the payments are up-to-date. It claims that by April 2007, Thornburg acknowledged "burgeoning concerns" with the Alt-A market but assured investors that their money was safe because Thornburg was "different. Local son/property developer Jeff Branch, who also serves as a board member for the Santa Fe Community Foundation, is well known for his transformation of Santa Fes Southside. EEE She graduated Magna Cum Laude with a Bachelors Jennifer has an MFA in Creative Writing, and MA in English from University of New Mexico, and more Marrying art and business, Laurie has worked as an award-winning designer for 25+ years supporting Christine Castrohas more than 25 years of experience leading communications and public Feliciana Warren, Development Associate, a position she has held since August 2019. Africas billionaires are richer than they have been in years. For over 45 years, his impact has been profound Jamai is Founder and CEO Emeritus of Innovate+Educate, a non-profit she started in 2008 with a vision for an industry-led board focused on education and workforce strategies to address the significant gaps between supply/demand in both education and workforce. He runs OCI, one of the worlds largest nitrogen fertilizer producers, with plants in Texas and Iowa; it trades on the Euronext Amsterdam Exchange. EEE Catherine Oppenheimer co-founded the National Dance Institute of New Mexico in 1994 (NDI-NM) and the New Mexico School for the Arts (NMSA) in 2010. . Now, she's focused on "pulling together the community." Biggs also was a director of aerospace giants Boeing and McDonnell-Douglas and, in the years preceding the Great Recession, of JPMorgan Chase bank. William D Sanders 01 May 2023 14:48:20 #1272 Catherine Lozick on the 2023 Billionaires - Catherine Lozick inherited an estimated 65% stake in Swagelok, a valve-making business her father, Fred . $$ Sep 1994 - Jun 201823 years 10 months. BGK donated $50,000 to Richardsons 2002 run for governor. The bond deal behind it resembles a labyrinth. There, Thornburg worked on financing to turn the old Commodore Hotel into the Grand Hyattone of Donald Trump's early real estate splashes. Garrett Thornburg was born in January, 1946. Nicky Oppenheimer Net Worth: 4 Billion - As of April 2012 Source of Wealth: Mining, Diamonds The grandson of the founder of mining behemoth Anglo American, which now owns the world famous De Beers diamond group, Oppenheimer has benefitted from a surge in the company's share price. She became active as a community volunteer 10 years ago, and has been engaged in both arts/culture and human service organizations. Aleem Hasham was born and raised in Nairobi, Kenya. Two years ago, he was the chairman of a New York Stock Exchange-listed company. In a 1999 article about Gilberts new Santa Fe-based property company, BGK Equities, Forbes described him as a two-time securities convict who once fled to Brazil to escape lenders worth more than $100 million, with a 3-acre Santa Fe estate [where] 10-foot electric gates open onto a broad, crushed-stone dooryard. $ish Donate today to Friends of the Reporter. The disadvantage is that REITs must pay out 90 percent of profits to shareholders. He retired in 2006 from Education Management Corporation, the company that owns the Art Institute franchise of schools. The 12 wealthiest people on the planet grew $36 . Some list members grow richer or poorer within weeks or days of our measurement date. "People were getting really pissed off," Collins says. He is a retired telecommunications executive, having spent most of his career with AT&T and shorter Julie lives in Albuquerque, where she grew up and manages 3 family investment and real estate companies. He made his first million at age 26 selling lace and distributing soft drinks. The state paid a partial refund of $15,600. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Maybe as smart as Yale economist Robert Schiller, who predicted such a crash in 2005. METL operates in at least six African countries and has ambitions to expand to several more. Whether Thornburg got an assist at the state level is unknown, but he openly lobbied at the local level. All credit ratings became suspect. Jirby would not discuss the divorce. Nicky Oppenheimer net worth. $$ish Thornburgs finances are Santa Fes problem. The corporate culture was "vicious," Zarin recalls. Stertzer sold the club. Jeffrey Branch SFCC is supposed to get $15,000 a year for the next decade starting later this year, spokeswoman Janet Wise says. Thornburg funded Chavez' Council opponents in the 2004 and 2008 elections. A big-time state contractor, homebuilder, landowner and Richardson campaign donor, Otero has one of the few Hispanic names on our list. This week's cover story made use of numerous public documents and SFR writer Corey Pein created numerous spread sheets throughout the course of reporting this story. TEX The 18 billionaires from Africa hail from seven different countries. His oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta. The quasi-public sector launched Thornburg to Bear Stearns, the recently deceased investment bank. Whether on the piano, in the studio, on the stage, or on the dance floor, Michael creates Todd has worked for NDI New Mexico since 1999 and has been the Albuquerque Music Director from Dr. Jessie Wenchieh Lo is a performing artist, recording artist, music educator, and music Matthew is an accomplished musician who has been in the New Mexico music scene for the past 6 Alyx Allie is a graduate of New Mexico State Universitys Dance Program under the direction of Pamela has been a dancer, choreographer, educator, and health care provider for most of her life. Shane, a native New Mexican, has been dancing for 22 years and teaching for 15 years. An open house was advertised in February for that "unique Frank Lloyd Wright style-house [sic] located on a great private setting." (The McCune and Thaw foundations come in at $144 million and $52 million, respectively.) She studied in Brazil, the Tracy trained at La Mesa Dance Academy with Cecelia Jaramillo before studying under New Mexico Zoe Lesser is a director and choreographer from Los Angeles, California. Brilliance wasn't enough for Thornburg. Amanda Marquez*, Aleem Hasham, Co-Chair "Since there was no statutory basis for tax relief to a private commercial developer, Mr. Trump offered to sell the hotel for $1 to the Urban Development Corporation [where Thornburg was then chief financial officer] and lease it back for 99 years at a modest rental in lieu of taxes." Structural Info Known for movies Sing 1989 as Cujette Source IMDB At the local level, they fund arts and civic organizationslike the Lensic Performing Arts Center and SITE Santa Fethat make Santa Fe a better place to live, and an arts and culture scene with cachet around the world. "Investment bankers from New York always got confused: 'Where? Vernon Bud O Hamilton Paul Cassidy, Chair As rise-and-fall stories go, Thornburgs is neither the biggest nor the most shocking. $ = Loaded Net worths were calculated using stock prices and currency exchange rates from the close of business on Wednesday, January 19, 2022. The 25 wealthiest South Floridians | Miami Herald Catherine Jordan Oppenheimer, 59 - Santa Fe, NM - Reputation & Contact "I was an entrepreneur since I was about 5 years old," he told The Santa Fe New Mexican in 2000. According to TCM, Katharine Hepburn died on June 29, 2003 at the age of 96. "We are lucky to be here today," Thornburg told investors later. Learn more about the impact of NDI New Mexico. "What makes it Thornburgesque is its way of doing business, which is both unusual and elegant," Glassman wrote. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern. T Peter Townsend Assessed at nearly $16 Martins father, the late Robert McKinney, made Crosswinds list. in Dance Summa Cum Laude at The Boston Conservatory at Berklee, Savanna teaches dance fitness classes all around Santa Fe, participated in NDI programs in her Born in Campinas, Brazil, Simone di Pietro began dancing at age of 10. In 1982, in a small office on Galisteo Street, Thornburg founded Thornburg Investment Management. Shaw Bowman* The mortgage crisis ruined Thornburg's balance sheetsand the country's. In 1997, he bought low-producing gold mine shafts and later turned them profitable. Now a director at Huntsman chemicals corporation, Reaud is known throughout the legal community as a champion of working men and womenat least according to his bio by the Beaumont Foundation, for which he serves as a board member. She now runs a gallery in Taos. Unlike taxes. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights. Katie Thompson Does the city have recourse? Unlike many fellow magnates, Thornburg has felt the economy's harsher side. We also welcome you to follow SFR on social media (on Facebook, Instagram and Twitter) and comment there. That year, investors including Goldman Sachs paid $3.4 billion for the company Knutson had led since 1969. Supposedly, it would attract new businesses. King is the co-owner of MillerStrategic Consulting, LLC (MSC), a . "That deal was done to avoid taxes," Lewis Pollack, another Concerned Citizen, says. Albin also owns a 2006 Cessna Citation business jet. The elder Paul and Anita De Domenicos Santa Fe home was the Before spring break, flight records show it flew to Provo in the Caribbean, several islands east of where his parents married. $$ish Patrice Motsepe, the founder and chairman of African Rainbow Minerals, became a billionaire in 2008 the first black African on the Forbes list. At a GlanceHistoryOur FoundersWhere We WorkFacility RentalsFAQs, StaffBoard of DirectorsCorporate CouncilCommittees, CareersDance Artists & InstructorsEDIA StatementContact Us, What We OfferFind A Dance ClassCalendarPerformance TicketsMerrill Brockway LibraryVolunteer, In AlbuquerqueIn Santa FeIn Northern New MexicoStatewide ResidenciesHIP to Be FitNDI New Mexico Waitlist, Teaching Excellence WorkshopTeaching Young Children WorkshopTrain the Trainer, The Hiland Theater in AlbuquerqueThe Dance Barns in Santa Fe, Who We ServeResults & EvaluationNews & PressFinancials, VoicesWatch Us in ActionHear from Our Alumni, How to GiveMeet Our Advancement TeamDonate OnlineOur Sponsors, Circle of ExcellenceCircle of DistinctionFounders' CircleCircle of Friends, Pillars of ExcellenceHonorary & Memorial GiftsLegacy GivingAlumniCorporate Support, Annual GalasGala Sponsorship OpportunitiesAdvertise in Our Program Book, Government and Corporate Relations Director, Santa Fe Artistic Associate and Dance Barns Instructor, Albuquerque Outreach and Hiland Instructor, Dance Barns Instructor & Administrative Assistant, Hiland Instructor and Administrative Assistant, Dance Barns Instructor and Outreach Apprentice, To learn more or to join the Corporate Council, please contact Myers Godwin, Albuquerque Development Director at (505) 340-0213 or. Local-boy-made-good Ford used the profits from his fashion line (and from his days as a Gucci designer) to build a large mansion on a hometown hilltop. EEE Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. EEE Thornburg took hat in hand. She started playing classical piano at age six via Sid has been in Albuquerque for over 30 years working as a keyboardist, vocalist, audio engineer, Born into a musical family, Albuquerque native Steve Figueroa began playing the drums at age 9. That means they demanded extra money to ensure they didn't lose on Thornburg's bets. Ms. Fisher provided a broad spectrum of legal services for Presbyterians statewide healthcare delivery system, Presbyterian Health Plan, and the organizations Kelcy Flanagan is the President & CEO of the New Mexico Society of CPAs. However, The Guardian notes that Hepburn had been sick for some time and was suffering from Parkinson's disease prior to her death. W/C = West Coast roots No end of geniuses," Collins says. The tenant took it as a threat; as factual statement, it happened to be true. Jason and Brett are often seen with their realtors towering over them, resulting in many fans wondering how tall the twins are. Fuad Maqary on Twitter: "RT @sir_yb: Abdul Samad Rabiu, the second EIN number 85-0431846. Leslie Carpenter* Paramount's Bob Marley Biopic First Look Leaves CinemaCon Jammin' The city then uses the rent money to pay down a $45 million, tax-exempt bond it sold directly to Thornburg at 15 percent interest. Alexis Girard $$$ Catherine Oppenheimer, has assets of $22 million. She lives at Forked Lightning Ranch in San Miguel County. He just happened to be in the right place at the right time." Subprime itself has become a euphemism for "toxic." Problem was, the suit claims, the company paid bonuses for growth regardless of where the market was headed, creating a "conflict of interest" between executives and shareholders. For many years, his companies had rented space downtown on Marcy Street. Albert S Waxman Oilman Klein owns a $6.7 million home in Tesuque with wife Jeanne; together, theyre on this summers ARTnews list of top collectors worldwide. In 2016, he launched a private equity firm, African Rainbow Capital, focused on investing in Africa. New Mexico? Catherine Oppenheimer net worth is $8 Million Catherine Oppenheimer Wiki: Salary, Married, Wedding, Spouse, Family Catherine Oppenheimer is an actress, known for Sing (1989). J. Robert Oppenheimer, known as the "father of the atomic bomb," battled with the invention he helped to develop for the remainder of his life. "There's a lot of geniuses out there, right? In January 2020, Oppenheimer was slightly behind Rupert with $7.33 billion to his name. In March, President Barack Obama singled out AIG for scorn regarding large bonus pay, saying, This is a corporation that finds itself in financial distress due to recklessness and greed. Caseys wife Marian, who serves on SITEs board of directors, donated $750 to Obamas campaign last year. There were a few fantasies you had to not buy into. "He came with a very high degree of self-confidence, which was merited," Zarin, who runs an investment firm on Long Island, NY, says.
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