Philip Anschutz net worth is $13.3 billion as of now. He is a multimillionaire American businessman and was born on 28th December 1939. He owns plenty of businesses in various sectors which include energy, railways, real estate, sports, movies, theatres, newspapers and music.
In 2004, he bought the parent firm of the Journal Newspaper. Under his leadership, The Washington Examiner an American conservative editorial daily was made.
Philip Anschutz is a son of Marian Pfister Anschutz and Fred Anschutz. In 1961, he captured his father’s oil drilling business Circle A drilling and made a fortune in Wyoming. He made investments in real estate, railways and stocks.
He has co-founded Major League Soccer which is an American association football or soccer league along with many soccer teams.
Philip Anschutz is a former owner of the Los Angeles Kings of the National Hockey League and he is a small stakeholder of the Los Angeles Lakers of the National Basketball Association.
In addition to this, Philip has ownership of other entertainment facilities like Staples Center, The O2, and Dignity Health Sports Park. Philip Anschutz made investments in movies like Ray, Joshua and The Chronicles of Narnia via Walden Media and its ownership is with Philip.
What is the Early Life of Philip Anschutz?
Philip Anschutz, the son of Marian and Fredrick was born in Russell, Kansas. His father was a property developer and oil magnate who bought ranches in Wyoming, Utah and Colorado.
His grandfather Carl Anschutz was of German descent and created the Farmers State Bank in Russell after leaving Russia.
Philip Anschutz graduated from Wichita High School East in 1957. He received a bachelor’s degree in business from the University of Kansas in 1961.
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What is the Personal Life and Family of Philip Anschutz?
He usually likes to stay away from the limelight. Philip is an evangelical conservative Christian and a member of the Evangelical Presbyterian Church. He married Nancy at the age of 16 and they had three children together.
Philip Anschutz was admitted to both the Kansas and American business halls of fame in 2000 and 2002 respectively.
What Ownership of Land Does Philip Anschutz Have?
Philip acquired the 250,000 acres of Baughman Farms in Liberal, Kansas for $10 million. It is considered one of the biggest farming conglomerates in the nation. Along with this he also bought 9 million acres at the boundary of the Utah-Wyoming.
His first oil industry riches were founded from this. Philip Anschutz was the only billionaire of Colorado for a while. He became one of the top 100 landowners in the country after buying property in other Western states.
Philip Anschutz also worked in the railroad and telecommunication before entering the entertainment sector.
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Some Quotes From Philip Anschutz
“Properties like the Broadmoor are dwindling in number over time. They thrive best if they come from a family with stewardship values, instead of seeing them as just an asset. – Philippe Anschutz
“Some of the early speculations I saw in the press was that I’m a fan of rail. I’m not. It’s not a hobby. It’s a full-time business and very We run this railroad – Philippe Anschutz
“I must have had an early penchant for business. Not that I understood that when I was 10, but when you see what you can do, the possibilities, you want to get involved in something. You want to own it. – Philippe Anschutz
“We are fortunate to employ a multitude of diverse people in our family of companies, all of whom are important to us – the only criteria on which they are judged is the quality of their performance at work; we do not tolerate any form of discrimination. – Philippe Anschutz
“There is nothing magical. We have 100% ownership in locations around the world and partial ownership in companies around the world. We own 100% sports teams and we own partial sports teams. There is no magic here. – Philippe Anschutz
Did You Know About Anschutz Entertainment Group, Inc.?
The Anschutz Entertainment Group (AEG) is a division of the Anschutz Corporation and a presenter of athletic events and musical entertainment. This one is the biggest owner of sports teams, sporting occasions and sporting venues around the world.
It is also the owner of the Coachella Valley Music and Arts Festival via AEG Live. On 18th September 2012, Philip declared that he was going to put AEG up for sale. But he did not opt satisfactory offer and so on 14th march 2013 he decided to take AEG off the market.
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What Are the Numerous Businesses of Philip Anschutz?
He has also been involved in plenty of other businesses like Forest oil, Pacific Energy Group, and Union Pacific Railroad, in all these he holds the largest interest which is around 6%.
He also owns the Regal Entertainment group which is the second largest chain of movie theatres in the world. It has almost 7000 screens in the world. Philip controls more than half of the business and other publications as well as media conglomerates.
Philip has made investments in the companies like the Denver-based Clarity media group and which publishes The Oklahoman which is the largest newspaper in Oklahoma.
What Has Philanthropic Work Been Done by Philip Anschutz?
Philip is well known for his philanthropic work. Philip is well known as the wealthiest person in the world with a net worth of $13.3 billion. He is the president of the Anschutz Foundation and was ranked 41 on the Forbes 400 list in October 2019.
Philip and his wife did donations of over $100 million to the University of Colorado School of Medicine’s new medical, dental, nursing, and pharmacy campus in Aurora. In his honour, it is now known as Anschutz Campus.
Frequently Asked Questions
What is the Net Worth of Philip Anschutz?
Philip Anschutz current net worth as of 2022 is $13.3 billion. Though he privately owned Anschutz Corp., he has control over much of his wealth. AEG is one of the most valued company among the several other companies.
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Conclusion
Well, Philip Anschutz net worth is $13.3 million as of now. He is one of the richest people in the world and he has businesses in plenty of sectors. Along with becoming the wealthiest person he has done tremendous philanthropic work too.
