| Hampton Style - June 27, 2008 |
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Steven Spielberg
It's an uncanny feeling, walking out of a Hamptons movie theater having just seen the new Indiana Jones film and realizing that its gifted creator lives just down the street. Spielberg himself is known to have been seen dashing out of the East Hampton Cinema, fresh from seeing one of his own blockbusters-presumably because a houseguest, or one of his seven children, has cajoled him. His Georgica Pond 19th-century manse, "Quelle Barn" used to have atop its roof a T-Rex-styled weather vane, but the telltale sign proved too easy a target for gawking tourists on a "map of the stars" tour. Some 25 years after having first bought the home, Spielberg has managed to turn the neighborhood simultaneously into Billionaire's Row and Hollywood East, luring friends and fans to the area by way of his example. High-profile guests also turn heads: from Bill and Hillary Clinton to Tom Hanks to Gwyneth Paltrow on her wedding day.
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Stephen Ross
67 years old, net worth $4.5 billion.
Money is self-made and comes from: realty. Married with four children; he initially focused on building, financing low-income housing; moved into riskier luxury buildings in New York and nearly went bankrupt early 1990s. Today the company has developed more than $16 billion worth of property across the U.S., including Manhattan's massive Time Warner Center. He started making billions developing Florida condos with Jorge Perez and the partnership continues via Perez's condo and hotel projects in Latin America. Also he recently purchased Virgin Megastores North America from British billionaire Richard Branson.
GOLD DIGGER ALERT
Three of our local billionaires are single. You've looked at their financials in the list above, now here is everything you'll need to know about their dating life: Ron Perelman has been through four wives (Faith Golding, Claudia Cohen, Patricia Duff, and Ellen Barkin) and four notable girlfriends (Lorraine Bracco, Anna Chapman, Tory Burch, and Gina Gershon). Herbert Allen has had two divorces (Laura Parrish and Anna Reinking), George Soros also has two (Annaliese Witschak and Susan Weber). Although he has never been married, Teddy Forstmann wins with the most high-profile girlfriends: among them, Elizabeth Hurley and Princess Diana.
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Wilbur Ross Jr.
Southampton, 69 years old, net worth $1.7 billion. Money is self-made and comes from: finance.
Married after two divorces has 2 children. Undergraduate and graduate at Yale and Harvard, dreamed of being a writer, then after college worked at Rothschild as a bankruptcy specialist. Founded W. L. Ross & Co. in 2000 and made fortune investing in troubled steel and coal companies. Sold stake in a company for $375 million and now is acquiring auto parts companies. Collects contemporary Chinese and Vietnamese art.
Steven Roth
East Hampton, 65 years old, net worth $1.5 billion. Married with two children. Graduate from Dartmouth College, founded Interstate Partners 1968, he owns 56 million square feet of office space, mostly in New York and Washington, D.C. Also supermarkets, shopping centers, cold-storage vaults, and stakes in McDonald's and Toys "R" Us. With Related Companies' Stephen Ross, pushing $14 billion reconstruction plan for Madison Square Garden and Penn Station. This year lost out to Stephen Schwarzman's Blackstone Group in bid for Sam Zell's Equity Office Properties. Expanding into California with Donald Trump.
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Stephen Roth
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Jerry Speyer
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Leonard Stern
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Alfred Taubman
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Sandy Weill
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Stephen Schwarzman
East Hampton, 60 years old, net worth $7.8 billion. Money is self-made and comes from finance.
Married after one divorce with three children. Double ivy leaguer after studying undergrad at Yale with President George Bush and getting his MBA at Harvard, co founded the Blackstone Group in 1985 with Peter Peterson from $400,000; since then they have invested in 112 companies, with a total enterprise value of $200 billion. Was worth nearly $10 billion immediately following offering in June.
Sheldon Solow
East Hampton, 79 years old, net worth $2.0 billion. Money is self-made and comes from real estate.
Married with two children, this New York University drop-out started by acquiring 9 West 57th Street which is one of today's most lucrative commercial addresses which rents more than $200 a foot. He also owns luxury apartments on the Upper East Side and is currently waiting on approval for redevelopment on 4 million square feet of residential and commercial space. He is an art collector and has donated 2 floors of a NYC townhouse to the Institute of Fine Arts of New York University.
Jerry Speyer
Water Mill, 67 years old, net worth $2.0 billion. Money is self-made and comes from: Real Estate. Married after one divorce with 4 children, he is a Columbia graduate, studying German literature. After graduating he joined his father-in-law from his first marriage, Robert Tishman to form Tishman Speyer Realty which is currently a huge global company. He owns New York's Chrysler Building and Rockefeller Center, elected chairman of the Museumof Modern Art in May, and chairs Federal Reserve Bank of New York's board of directors.
Leonard Stern
Bridgehampton, 69 years old, net worth $4.1 billion. Money is inherited. Married to his second wife and has three children. Graduated from NYU and immediately joined his father's pet products company, Hartz Mountain Pet Products. In 2000 he sold the company for $350 million and started buying property. He currently owns 38 million square feet of commercial and residential buildings all over New Jersey.
Alfred Taubman
Southampton, 84 years old, net worth $1.7 billion. Money is self-made and comes from real estate.
Married with three children. After being found guilty of price fixing charges as the Sotheby's chairman, he spent 9 months in jail and wrote about his experience; Threshold Resistance which was released last April. He made his fortune in shopping malls; currently owns 23 malls in 11 states and has his son run the business now. His philanthropy focuses on funding research for diabetes and Lou Gehrig's Disease.
Sandy Weill
East Hampton, 74 years old, net worth $1.8 billion Money is self-made and comes from: Citigroup, Finance. Married with two children. After graduating Cornell University, he started as a runner for Bear Stearns earning $150 a month and later became president of American Express in 1983. He merged with one of the world top financial companies, Citigroup in 1998 and currently remains a chairman. He has donated $300 million to Cornell University and is the chairman of Carnegie Hall..
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