The company is best known for the brands Cartier and Montblanc. Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Stephen L Feinberg Michael Reid*, Sandy Seligman, Chair A big-time state contractor, homebuilder, landowner and Richardson campaign donor, Otero has one of the few Hispanic names on our list. 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. His career began as an education policy analyst. The strategy saved tons on storefronts and salespeople. On the other hand, it is yet to be revealed how deep are his wife's pockets. Affecting their life outcomes will change the picture of New Mexicos future and is the key to a thriving economy. EEE It's too late for 130 laid off Thornburg Mortgage employees. Calling themselves Concerned Citizens of Santa Fe North, Collins and few other well-heeled residents sued to stop the construction of Thornburg's planned headquarters on Ridgetop Road. At that rate, one student in every Santa Fe classroom has a parent who has lost a job. He was building this famousin his estimationbuilding. Even the government doesnt know whos wealthiest. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. The company jet, part owned by Thornburg personally, is not up for sale. Brilliance wasn't enough for Thornburg. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. Net worth: $13.9 billionRank in 2021: 1Net worth in 2021: $12.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 64Country: NigeriaResidence: Lagos, Net worth: $11 billionRank in 2021: 4Net worth in 2021: $7.2 billionOrigin of wealth: Luxury goodsIndustry: Fashion and RetailAge: 71Country: South AfricaResidence: Cape Town, Net worth: $8.7 billionRank in 2021: 3Net worth in 2021: $8 billionOrigin of wealth: DiamondsIndustry: Metals and miningAge: 76Country: South AfricaResidence: Johannesburg, Net worth: $8.6 billionRank in 2021: 2Net worth in 2021: $8.5 billionOrigin of wealth: Construction and InvestmentsIndustry: Construction and engineeringAge: 61Country: EgyptResidence: Cairo, Net worth: $7 billionRank in 2021: 6Net worth in 2021: $5.5 billionOrigin of wealth: Cement,sugarIndustry: DiversifiedAge: 61Country: NigeriaResidence: Lagos, Net worth: $6.7 billionRank in 2021: 5Net worth in 2021: $6.3 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 68Country: NigeriaResidence: Lagos, Net worth: $5.1 billionRank in 2021: 7Net worth in 2021: $4.8 billionSelf-madeOrigin of wealth: FoodIndustry: Food and BeverageAge: 78Country: AlgeriaResidence: Algiers, Net worth: $3.4 billionRank in 2021: 8Net worth in 2021: $3.2 billionOrigin of wealth: TelecomIndustry: TelecomAge: 67Country: EgyptResidence: Cairo, Net worth:$3.1 billionRank in 2021: 9Net worth in 2021: $3 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 59Country: South AfricaResidence: Johannesburg, Net worth: $2.7 billionRank in 2021: 10Net worth in 2021: $2.8 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 69Country: South AfricaResidence: Cape Town, Net worth: $2.7 billionRank in 2020: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 60Country: ZimbabweResidence: London, Net worth: $2.5 billionRank in 2021: 11Net worth in 2021: $2.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 74Country: EgyptResidence: Cairo, Net worth: $2.2 billionRank in 2021: 12Net worth in 2021: $2 billionOrigin of wealth: Petroleum, diversifiedAge: 61Country: MoroccoResidence: Casablanca, Net worth:$1.7 billionRank in 2021: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 72Country: South AfricaResidence: Stellenbosch, Net worth: $1.5 billionRank in 2021: 15Net worth in 2021: $1.3 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 89Country: MoroccoResidence: Casablanca, Net worth: $1.5 billionRank in 2021: 13Net worth in 2021: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 46Country: TanzaniaResidence: Dar es Salaam, Net worth: $1.5 billionRank in 2021: 14Net worth in 2021: $1.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 76Country: EgyptResidence: Cairo, Net worth: $1.1 billionRank in 2021: 18Net worth in 2021: $1.1 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 60Country: EgyptResidence: Cairo. J Tylee Wilson Erin Gomez* In June, Richardson named him a major contributor to the arts. But it is worth studying because Harold Garrett Thornburg Jr. is more than a man of his time. In the past two years, Thornburg lost a lot of moneybut he's probably still far beyond the $36 million net worth Crosswinds estimated in 1996. Truth is, any time you see a richest list, whether its in Forbes or Fortune or the defunct Crosswinds weeklywhich published a New Mexicos-richest list in 1996the methodology behind it is at best educated guesswork. Vernon Bud O Hamilton 1, we had 1 or 2 percent short-term interest rates. Katz's predecessor, Dwyer, says the public doesn't care. Simon H Stertzer Kate Moss, Vice Chair He has been in the USA for over 20 years, 10 of those being in Albuquerque. His father was a shareholder in RMA, a Moroccan insurance company; Benjelloun built it into a leading insurer. Here's Who Inherited Katharine Hepburn's Money After She Died 3, worth an estimated $8.7 billion. Last week, after 14 years of growth and two years on life support, Thornburg Mortgage announced its bankruptcy. The bills died.) The grandson of mining entrepreneur, financier, and Anglo-American founder Ernest Oppenheimer, Oppenheimer joined Anglo American in 1968, serving as its director and deputy chairman until his resignation in 2011. The majority of Oppenheimer's fortune is derived from the proceeds he collected selling his family's 40% stake in De Beers, the world's largest rough diamond producer, to Anglo American for $5.2. We then used the public database site, Socrata, to create five searchable online databases of this information. Thornburg spokesman Miller says that won't happen anyway and that the payments are up-to-date. "New Mexico is very perfect for me," Jirby says. $$ Nicky Oppenheimer, heir to the DeBeers diamond fortune, sold his 40% of the firm to mining group Anglo American for $5.1 billion in cash . The Great Recession has thrown at least 3,300 Santa Feans out of work since last August. Maria Gale Martins father, the late Robert McKinney, made Crosswinds 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. Catherine Oppenheimer - United States | Professional Profile - LinkedIn The company sold "super-prime" "jumbo" mortgagesbig houses for rich peoplewhich few New Mexicans could afford. Structural Info Known for movies Sing 1989 as Cujette Source IMDB He and his son retained a 96% stake in the company. She received her Bachelors of Business Administration, Cum Laude, from Florida International University. The supposed public benefit of the Thornburg campus? To report this story, SFR scoured Santa Fe County property records, nonprofit tax returns filed with the Internal Revenue Service, philanthropic donor lists, Securities and Exchange Commission filings, private aircraft registrations with the Federal Aviation Administration, political campaign donors through the Federal Election Commission, court records including divorces and lawsuits, press accounts of luxury homes and art collectors, and straight-up town gossip. Gov. The bond deal behind it resembles a labyrinth. At Bear Stearns, Thornburg told interviewers, he developed expertise in using public "industrial revenue bonds" to benefit private developers. According to the Robb Report, the definitive authority on connoisseurship for ultra-affluent consumers, it features a baronial reception hall [with] a 15-foot-high ceiling and numerous nichos (niches) that showcase Wilsons collections of Indian pottery, weavings, and beading. Experience: With 37 years of accounting and consulting experience (30 in the employee benefits field), Carol has significant expertise in compensation planning, leadership development and succession planning, employee benefits, and retirement plans. He was the third generation of his family to run DeBeers, and took the company private in 2001. Thats a personality profile that leads people to think theyre the master of the universe, Patrick Collins, a retired Wall Streeter who campaigned against Thornburgs new Ridgetop Road headquarters, says. $$$ Paul Peppard OTHER Jirby filed for divorce in 1986, citing a "conflict of personalities." As a consultant to the US Office of Education he Maria Gale is a retired medical social worker and psychotherapist who relocated to New Mexico from the Cleveland, Ohio area in 1995. Thornburg declined an interview. W/C He grew up in tiny Lakefield, Minn., where his father was a livestock broker; a 1949 edition of the Lakefield Standard records Thornburg Sheep Co. purchasing a prize lamb for $1.10 a pound. 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. "Unbeknownst to the attendees of the meeting and investors," the suit claims, Thornburg "was just two days away from commencing the sale of 35 percent of its highest quality mortgage-backed assets to meet margin calls." Now hes the chairman of a company that is not a favorite of a lot of people who owned the stock at $40 and now its 5 cents. 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. Tom Ford The issue was relatively pedestrian: traffic. Miller owns Santa Fe Countys ninth-most valuable home, an $8.6 million residence in Tesuque. What is Jason Oppenheim's net worth? | The US Sun He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. With that, we present this incomplete list of Santa Fes rich and not-always famous. Ellis is certainly a millionaire with his fortune from acting estimated at around $6million. As Apple's CFO Peter had a wide range of responsibilities including overseeing the controller, treasury, investor relations, tax,. Our list tracks the wealth of African billionaires who reside in Africa or have their primary business there, thus excluding Sudanese-born billionaire Mo Ibrahim, who is a U.K. citizen, and billionaire London resident Mohamed Al-Fayed, an Egyptian citizen. New Mexico? Charities honored him as a "treasured citizen." she says. Forbes says Sarofim, 72, is the adopted daughter of Herman Brown, the cofounder of the construction colossus Brown & Root, which was a subsidiary of the military contractor Halliburton until 2007. The process took years and involved thousands of Americans who couldn't afford their home loan payments. Thornburg often said that 97 percent of his business was out of state. Sunday Times Rich List 2012 - UK's Richest People | TheRichest Litigating shareholders say Thornburg Mortgage overborrowedleveraging up to $12.50 for every $1 it held in equity, well over what federal regulations allow for commercial banks. World's 12 Wealthiest People Got $36 Billion Richer in a Single Day Thornburg helped Donald Trump turn the old Commodore Hotel in NYC into the Grand Hyatt. Bloomberg Billionaires Index - Nicky Oppenheimer "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." In 1989, Thornburg sued the state of New Mexico's Taxation & Revenue Department. While delighting investors, Thornburg angered neighbors. The country music star and his wife Elizabeth own the third most-valuable home in Santa Fe, assessed at $12.3 million. Thornburg took hat in hand. Masiyiwa also owns just over half of private company Liquid Telecom, which provides fiber optic and satellite services to telecom firms across Africa. She and her husband are founding co-chairs of the Smithsonians National Museum of the American Indian in New York City. Two years ago, he was the chairman of a New York Stock Exchange-listed company. Santa Fe, New Mexico, United States. Instead of just buying loans, the company would make them, too. (The ranch was originally assessed at $33.3 million, but Epsteins lawyers sued the county in 2001 and successfully shaved $84,000 a year from his property tax bill.) Not Thornburg. "I get on my knees and bow to her every other day," Chicaferro, who now "lounges" in Scottsdale, Ariz., says. EEE Meet Tom Ellis' Wife Meaghan Oppenheimer: All About Her - CelebSuburb All of the continents billionaires are men; Isabel dos Santos of Angola fell off the Forbes list in January 2021. The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it. EEE Peters is a very rich man, an employee of his property company, Southwest Asset Management, allegedly told a Plaza Mercado tenant who complained about mold, according to a 2008 lawsuit. The feds may already have committed three times that much to bail out private financial institutions deemed too big to fail. Nicky Oppenheimer & family - Forbes Because we're not at risk. In the 1980s, Albin worked in the oil and gas division of monster investment bank Goldman Sachs. "Shouldn't we all go through the same process?" But last year, after Millers bad bets led to a collapse in Legg Masons value, both The New York Times and The Wall Street Journal ran columns reassessing his legendary status. That wasn't the case," Heldmeyer says. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern. I also think he was establishing his company here; to pull up and leave after that would have been very difficult," she says. Thornburg funded Chavez' Council opponents in the 2004 and 2008 elections. (It helps to have favorable tax laws. Mayo Miller King. In their bond application, Thornburg's team noted that he donates $35,000 a year to Partners In Education Foundation, a nonprofit, and more than $100,000 a year to Santa Fe Public Schools. 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. "The 'genius' element was very simple. If theres anything people lie about as often as sex, its money. That's unlikely, with Thornburg Mortgage now bankrupt. The Oppenheimer family has a combined net worth of $8.2 billion, largely through the 2012 sale of their stake in De Beers for about $5 billion, according to the Bloomberg Billionaires Index . Catherine Oppenheimer Tracking the performance of complex, constantly changing private investment portfolios, combined with the fluctuating value of land and property, is another. Bill Lang* And how did it come to this? Four months after that promotion, Jirby gave birth to a son, Lloyd. Life was good. When most people buy a home or office building, they pay annual property taxes. Your email address will not be published. Nobody laughed. The other part is he wasn't content with making money at that spread, and he leveraged. Assessed at nearly $16 E/C = East Coast roots He heads Miller Strategic Consulting, a locally based venture capital firm, and serves on the boards of Hitachi Medical Systems, the biometrics company Lumidigm and SITE Santa Fe. "I would consider both Garrett and Larry Goldstone to be very, very smart guys," Chicaferro says. "We don't know where the money's going, what the impact is or what the rate of return is." Gerald Peters NDI New Mexico outperforms most other charities in America. - Charity Navigator, 2019, Family Friendly Business of New Mexico, 2018, 2019, Samaritan Counseling Ethics in Business Award, 2016, Albuquerque Business First Top CEO Award, 2015. Help keep local journalism fighting for you. Other local institutions rallied for Thornburg. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Next to that nonprofit fortune, Lannans $729,000 home on Camino Militar looks relatively modest. 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. Net Worth (GBP) Change Net Worth (ZAR) 23: Nicky Oppenheimer and Family: Diamonds and Mining: 5.537 billion +3 million: R92.35 billion: 31: Nathan Kirsh: Cash and carry, Property, Investment . W/C = West Coast roots Under the terms, the city owns the campus property and leases it to Thornburg. Home base unknown She is also a member of the Del Archuleta is a native New Mexican and has devoted his life to giving back to the community and improving the lives of New Mexicans. $$ After many years in development, Dangotes fertilizer plant in Nigeria began operations in mid-2021. No. After serving 8 months in jail on charges of corruption, Rebrab was released on January 1, 2020. Donations are voluntary. 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. Meaghan Oppenheimer has a net worth of $4 million as of 2022. "Any way they could find to put a favorable slant on this, they did. 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.
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