Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Shaw Bowman* In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights. Richardson spokesman Gilbert Gallegos refused comment "on someone's impression of a private meeting [the governor] may have had." Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. 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. 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. It was divisive. (The McCune and Thaw foundations come in at $144 million and $52 million, respectively.) "Thornburg is often referred to as one of the good guys that's having trouble. Ron Chicaferro, who moved from California to join Thornburg, recalls. Tooey Boyden* Thornburg got a better deal than any ordinary homebuyer would be able to negotiate. Americans were hit harder than average: The typical U.S. billionaire lost nearly $350 million, or about 7% of his wealth, falling from an average net worth of $4.79 billion to $4.44 billion. The elder Paul and Anita De Domenicos Santa Fe home was the $$$ He was the third generation of his family to run DeBeers, and took the company private in 2001. "There's a lot of geniuses out there, right? This limits reinvestment in the companyat least without borrowing. Leslie Carpenter* Paul Peppard The [Albuquerque] Journal asked a few questions. Gilbert is 86. Africas billionaires are richer than they have been in years. However, according to Thornburg's possibly lowballed estimate, the state, the county and the schools are out $368,000 a year. Patrick Lannan The company managed mutual funds (and still does$34 billion worth, as of Dec. 31, 2008). The 18 billionaires from Africa hail from seven different countries. E/C John Berndt I have never worked for a finer man or a finer company, David Miller, spokesman for Thornburg Investment Management, which remains in business, says. The corporate culture was "vicious," Zarin recalls. Not Thornburg. $$ish Diane Doniger The Microsoft co-founder owns the $12.8 million Sol y Sombra house, formerly a Georgia OKeeffe estate. Two days later, the company laid off 130 of 150 employees. Thornburg and his third wife, Catherine Oppenheimer, who founded the National Dance Institute of New Mexico, are involved in a new charter school for the arts. Catherine Jordan Oppenheimer, 59 - Santa Fe, NM - Reputation & Contact $$$ Townsend is a former ExxonMobil vice president with a $1.7 million home in Las Campanas; wife Joanna is on the National Council of the Georgia OKeeffe Museum. (According to Thornburg spokesman Miller, "No one in the family desires to continue in the farming business.") Today Albin, 50, is a director of several energy companies, including NGP Capital Resources, and has a $2 million home in Las Campanas with his wife, Pamela. He shares a $1.8 million home on Brownell Howland Road with Susan Foote. "Everybody's happy and, all of a sudden, here's Thornburg," Patrick Collins says. "Garrett is the smartest man I've ever met. Thornburg did, in 1990, to Juliana Feldman. Thornburgs finances are Santa Fes problem. BGK donated $50,000 to Richardsons 2002 run for governor. To market those funds, he founded Thornburg Securities. Paul Cassidy Patrick Lannan Jr., 70, heads the foundation his financier father founded in 1960. 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. 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. "That deal was done to avoid taxes," Lewis Pollack, another Concerned Citizen, says. Also on that list was her ex, Egyptian-born super-investor Fayez Sarofim (aka The Sphinx), who gave her $250 million in a 1989 divorce settlement that Forbes called the largest in Texas history. Back in Minnesota, Thornburg sold the farm. Jirby filed for divorce in 1986, citing a "conflict of personalities." Joelle Mevi William A Miller EEE Richard L Bloch "Any way they could find to put a favorable slant on this, they did. In 2001 he purchased the Palomino Club, a popular strip joint in northern Las Vegas, Nev. He provides jobs in town. We also welcome you to follow SFR on social media (on Facebook, Instagram and Twitter) and comment there. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt. She graduated from Vassar with a BA in psychology and moved to Washington, DC to begin her career on Capitol Hill. He expected to becomeand he dida big fish in a small pond. Cyril Ramaphosa. He has been in the USA for over 20 years, 10 of those being in Albuquerque. Jerry Landgraf* NDI is recognized for "Teaching Children Excellence," and has introduced thousands of New Mexico . $ish $$$ For many years, his companies had rented space downtown on Marcy Street. 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. Donate today to Friends of the Reporter. They own a $1 million home on Camino del Monte Sol, though Caseys LinkedIn profile lists his home as greater New York City. Born in South Africa, Nicky Oppenheimer . According to Heldmeyer, city officials feared for the health of the mortgage company even before the deal was struckand kept those fears private. $ish All of the continents billionaires are men; Isabel dos Santos of Angola fell off the Forbes list in January 2021. 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. A former caretaker of his Santa Fe estatewhose duties are to care for the art collection, manage vendors, maintain budgets and supervise staffdescribed it as three residences on 8.5 acres, according to The Santa Fe New Mexican. 2023 Forbes Africa. We then used the public database site, Socrata, to create five searchable online databases of this information. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. When most people buy a home or office building, they pay annual property taxes. We haven't put out any money," City Attorney Frank Katz, who signed off on the bond, says.
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