Joe Jamail Jr. made history in 1987 after representing Pennzoil against Texaco in a landmark case that rewarded Pennzoil with $10.5 billion dollars and Jamail with $345 million in contingency fees. Dan Friedkin is owner and chairman of Gulf States Toyota, joining the 400 list for the first time after completing transfer of assets from father, Thomas Friedkin. Last October his Petro-Hunt sold a big chunk of its acreage in the Bakken oilfields of North Dakota to Halcon Resources for $1.5 billion in cash and stock. Cuban, now 55, originally struck dot-com gold with business partner Todd Wagner in 1999, when they sold audio and video portal Broadcast.com to Yahoo for $5.7 billion. (I profiled Rod and his Warbird collection here.). He's given $25 million to the Univ. In June Landry's purchased the 11-unit steak and seafood chain Mastro's Restaurants of California for an undisclosed price. Congratulations Texas -- this year the Lone Star State can boast 41 slots on the Forbes 400. Any advance is unlikely to help Rainwater, 69, but could lead to future breakthroughs in treating dementia. Hunt also raised $600 million from banks that year to build a high-voltage power line in Texas. Omni is the largest hotel chain not to offer in-room adult movies. Elaine Marshall, 71, holds an estimated 15% of conglomerate Koch Industries (controlled by Charles and David Koch, the world's richest brothers) in trusts for her, 2 sons (Preston and Everett) and other relatives. He is one of the firm's early shareholders, serving as a director from 2007 until its February 2011 IPO. Together the two, who met working for Robert Bass (see), own at least half of TPG, which sold 4.5% stake in itself in deal that valued firm at $5 billion 2 years ago. If you have some suspects we should look into drop me a line at [email protected]
Fayez Sarofim & Co. currently has $27 billion in assets under management. Perot made $1.5 billion selling EDS to G.M., then turned around and created Perot Systems. Forbes values McNair's 79% stake in the team at $880 million; he says he could sell it for multiples of that, but he never will. Williams is involved in a number of Houston-based charities including the Ballet Foundation, Manned Spaceflight Education Foundation, the Museum of Natural Science and the Girl Scouts. Campbell attended the watch party for LisaRaye's Uncensored episode on Sunday night (November 3), and the two hopped on Instagram Live from the event to sing each other's praises. Sid and his three brothers, all members of the Forbes 400, inherited a fortune from their oil tycoon uncle Sid Richardson four decades ago and have been building on it ever since, running oil company Bass Operating and leveraging investing talent from the likes of Richard Rainwater and David Bonderman. Though referred to in the society columns as Dallas' "invisible billionaire," Headington is completing a lavish expansion of his boutique hotel the Joule. His net worth has climbed over past year as profits at Beal Bank in Texas doubled, and he's been on a crusade this year to get big banks to buy back billions in bad loans they sold during the housing boom. Drayton McLane Jr., 77, began his career in 1959 as a truck loader working night shifts in his family's grocery distribution center. After months locked in battle with activist investor Carl Icahn, PC entrepreneur Michael Dell won shareholder approval of his final $24.9 billion offer to take his eponymous company private in what will be the biggest leveraged buy-out in recent years. Daughter of retail visionary Sam (d. 1992), Alice graduated from Trinity College in San Antonio, Tex., and now spends most of her time on the Rocking W Ranch in Milsap, outside of Fort Worth. The company ranked 12th on FORBES' 2012 list of America's Largest Private Companies. You may opt-out by, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation With Forbes Insights, What The EU-UK Agreement Says About Energy And Climate, Climate, Energy, And Essential Infrastructure In Texas, How Interior Sec. Dan, 48, recently assumed the ownership mantle from his father. When his employer refused, Voy quit and switched his career to masonry. Lee spent 12 years as commissioner of the Texas Parks and Wildlife Department. Father Voy Wilks took up bricklaying so he could move his family out of a goat shed and into a proper house. 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This son of a cotton broker from Texarkana met an IBM tech while in the Navy, became a salesman at Big Blue, then quit when they wouldn't give him more computers to sell after he hit his annual quota by March. "One thing done well is worth a million good excuses." Recently he sold his private equity fund's 76% stake in Pacific Capital Bancorp to Mitsubishi UFJ, Japan's largest bank by assets, for $1.15 billion--$650 million more than what it paid in 2010. Raynequa's net worth hovers over $25,000 - $49,999 with a yearly income that's about $60 - 69,999. Where more than one name is listed under a number, there is a tie. At first DeJoria lived in his car and hawked products door-to-door in Los Angeles; annual sales now near $1 billion. 1. They have plenty of cash to spend: the brothers sold their nearly 70% combined interested in hydraulic fracturing and oil field services outfit Frac Tech to a partnership led by Singapore's Temasek Holdings for $3.5 billion in May 2011. 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