permission only. Get the latest business insights from Dun & Bradstreet. [59], Anschutz has granted only three formal interviews since 1979, and none from the 1980s until 2015. Photo by Jamel Toppin/The Forbes Collection. The Anschutz Corporation is a privately held company based in Denver, Colorado. (303) 304-9967 |michael.mcgarry@cuanschutz.edu. Anschutz ended up clearing a $30 million profit on what had looked like an extremely risky investment. industry outreach and operational support. Anschutz Barrett Corp. Oil Drilling Be the first to know Get local news delivered to your inbox! Anschutz owns two five-star resorts, the Broadmoor in Colorado Springs and Sea Island in Georgia. He also invested in the Power Company of Wyoming LLC,[32] formed in 2007[33] (re-incorporated in 2010)[34] for the purpose of building the Chokecherry and Sierra Madre wind power complex in Carbon County, Wyoming, comprising up to 1,000 wind turbines with up to 3,000 megawatts of capacity. Xanterra also operates the Grand Canyon Railway, Kingsmill Resort, and Windstar Cruises. It was possible that a similar motive was behind a report in the Wall Street Journal in June 2000 that Anschutz, along with a partner, was launching a film production company. He expanded his investments to sports and entertainment companies, co-founding the American association football/soccer league Major League Soccer as well as multiple soccer teams, including the Los Angeles Galaxy, Chicago Fire, Colorado Rapids, Houston Dynamo, San Jose Earthquakes, and the New York/New Jersey MetroStars. (business & personal). With the merger of the Southern Pacific and Union Pacific Corporation in September 1996, Anschutz became Vice-Chairman of Union Pacific. In 2000 the company agreed to acquire a Miami, Florida-based exploration and production firm called Forcenergy Inc., which Anschutz had gained control of after it went into bankruptcy. [48][49], Anschutz is an active philanthropist. Left-handed batters, hurt by the increasingly popular practice of bunching defenders on one side of the field, are exacting their revenge by signing sweet post-shift contracts. Join to view profile . Michigan. It was not until 1968 that he made his first major strike--and his first million--while contract drilling for Chevron near Gillette, Wyoming. Additionally, he works as an Analyst with the CU Healthcare Innovation Fund. Additionally, Raja is a graduate of Steve Blanks Lean Launchpad Program for Life Sciences and has advised multiple startup companies, including coaching teams through business plan competitions. Consistently ranked as the richest person in Denver, Anschutz became better known nationally in the late 1980s and early 1990s for acquiring railroad lines, including the small Rio Grande Railroad and a railroad giant, Southern Pacific Rail Corporation. Before the merger, he was a director of Southern Pacific from June 1988 to September 1996, and non-executive chairman of Southern Pacific from 1993 to September 1996. [44][45][46] Anschutz contributed $1 million to conservatives during the 2016 U.S. elections, and $200,000 to Republican politicians and political action committees during the 2017 elections. Javascript is disabled in your web browser. Reflects change since 5 pm ET of prior trading day. Were it not for this shrewd maneuver that made him a billionaire, Anschutz could have been one of the crash's casualties. [55], Entertainment Anschutz Entertainment Group. Starting around 1994, Anschutz was involved in the planning of a downtown development in his base city of Denver on land along the South Platte River that he had purchased from SP. The Rio Grande's small size and its position as a bridge carrier (providing connections between other rail lines) led Anschutz to pursue the acquisition of the railroad giant Southern Pacific (SP) in an attempt to save the much smaller Rio Grande. in pharmaceutics from Long Island University, an M.S. Xanterra purchased the resort from Busch Properties, Inc. (BPI). Anschutz parlayed his oil and gas wealth into the stock market, downtown real estate (primarily in Denver), and, ultimately, the railroad industry. The hiring enabled Anschutz to embark on a new and surprising strategy for a man who preferred to keep his dealings private: taking SP public. Anschutz retained an 84 percent stake in Qwest, whose stock soared from $22 per share at offering to more than $50 by the end of 1997. Customer inquiries are best handled by calling 800-647-7261. In my evaluation of the best beard trimmers, the Multigroom 9000 was my top pick due to its perfect balance of quality, performance, cost and customization. Reveal contacts of top The Anschutz Corporation managers and employees. Founded in 1965, The Anschutz Company is an oil and gas company that has projects in the Powder River and Washakie Basins of Wyoming, the Piceance and DJ Basins of Colorado, and the Unita Basin of Utah. [7] He also lived in Wichita, and Hays, Kansas. *. Don joined the University of Colorado Anschutz Medical Campus in December 2016 and has a background in handling both pre- and post-award grant management functions as well as research contract management and oversight. [32] It will be sited on 229,077 acres, about half federal, about half privately owned by an affiliate, and a smattering of state lands. In addition to maintaining a five percent stake in Union Pacific and being the largest shareholder of Qwest with a 38 percent stake, Anschutz continues his involvement in the energy sector through a 37 percent stake in Forest Oil Corporation, a Denver-based oil and gas exploration and production company; is heavily involved in the Los Angeles sports scene with his ownership of the Los Angeles Kings hockey franchise and a professional soccer team as well as partial ownership of the Los Angeles Lakers basketball team and the state-of-the-art Staples Center; and has extensive real estate holdings. University of Central Oklahoma . At that time, Philip Anschutz was in college at the University of Kansas, where he earned a bachelor's degree in finance, with honors, in 1961. In November 1993, he became Director and Chairman of the Board of Qwest, stepping down as a non-executive co-chairman in 2002 but remaining on the board. [17], On June 24, 2008, it was announced that Anschutz would buy Xanterra Parks and Resorts, which had purchased the Grand Canyon Railway in 2007. The Lakers, the Kings, and another NBA team, the Los Angeles Clippers, began playing in what became the $400 million, 20,000-seat Staples Center in the fall of 1999. 0. For assistance, contact one of our team members below or complete this contact form. By that time he had invested about $55 million into a sleepy offshoot of Southern Pacific to develop what would eventually become Qwest Communications International Inc., the number four long-distance company in the United States as well as the owner of U S West Inc., one of the Baby Bells. Josh Eidelson, "Walmart, Right-Wing Media Company Hold Star-Studded Benefit Promoting Education Reform Film" In These Times, August 13, 2012, United States. They donated its leases for oil and gas rights to the National Trust for Historic Preservation, which has pledged to let the leases expire, and the Bureau of Land Management said it had no plans to permit further leases there and would consider formal withdrawal of the 4,268-acre (17km) site from mineral leasing in its 2004 management plan. Last edited on 19 November 2022, at 00:28, The Broadmoor Manitou and Pikes Peak Cog Railway, "Who Is Philip Anschutz, Controversial Owner of Coachella Parent Company? All trademarks are registered property of the University. Key Principal: Phillip Anschutz See more contacts Industry: Investment holding companies, except banks , Newspapers , Oil and gas exploration services , Sports clubs, managers, and promoters Printer Friendly View Address: 555 17TH St Ste 2400 Denver, CO, 80202-3987 United States See other locations Phone: Website: www.anschutz-exploration.com Phil Anschutz, who was honored Jan. 12 as the 2015 Citizen of the West, is flanked by attorney Norm Brownstein, left, and developer Larry Mizel, right at the annual event, which drew about 1,000 people. Sports Business Journal, The 20 Most Influential People in Soccer, June 5, 2006. There is more to the comparison, and in the sections below, we discuss why we believe CL stock will offer better returns than PM stock in the next three years. Meanwhile, Moyers started a multipronged strategy for revitalizing Southern Pacific. Michael joined CU Innovations in 2022. We are the resource for biomedical technology commercialization for both the University of Colorado Anschutz Medical Campus and Denver Campus. [39] He financed The Foundation for a Better Life. in Dallas, Texas, where his practice focused on intellectual property and transactional matters. He described the steps in a CGT product's lifecycle, beginning with early discovery . Prior to joining the University With 20,000 miles of track thoroughly covering the West Coast and a line through the southern United States to the Mississippi River, the SP was even more attractive to Anschutz for its connections to the Rio Grande lines in Kansas City and Ogden, Utah, making for a synergistic coupling. LightEdge is a business-to-business hosted services provider focused on Wide-Area-Networking, Voice-over-IP, Hosted Microsoft applications (Exchange, OCS, SharePoint), hosted servers/storage collocation cage and rackspace and Business Continuity Services. * I understand and agree that registration on or use of this site constitutes agreement. Meanwhile, the U.S. Congress, under full Republican control for the first time in decades, was considering the abolition of the ICC and its replacement by a more industry-friendly Surface Transportation Board (STB). Anschutz also foresaw that Southern Pacific would be far more valuable intact than in parts, especially after industry consolidation proceeded to its endgame when one of the western railroads, in order to remain competitive, would pay dearly for SP. Here's why it was my top pick. It was started in 1958 by Fred Anschutz, the father of Philip Anschutz, who assumed c. Site map Terms of Use Privacy Policy, Background information and answers to various local inquiries and issues, Learn about responsible energy development, Get the latest information about the project, Project contact information for the community, media and suppliers, BLM site: Chokecherry/Sierra Madre project, USFWS CCSM Project environmental analysis, American Clean Power Association news and resources, Roxane Perruso, Executive Vice President and COO, Kelly Cummins, Vice President, Land and Environmental Affairs, Lisa Christian, Vice President and General Counsel, Ryan Jacobson, Vice President, Engineering and Construction, Kara Choquette, Director, Communications and Government Relations, David Fuller, Director, Business Development, Industry-leading consultants and advisors. There is an Anschutz Library and an Anschutz Sports Pavilion. With 20+ years of experience in art direction and advertising for a wide range But in 1993, SP slid back to a loss of $149 million. [51], Anschutz and his wife have contributed over $100 million to the new medical, dental, nursing, and pharmacy campus of the University of Colorado School of Medicine in Aurora, Colorado, now named the Anschutz Medical Campus in their honor. [13] Anschutz paid $100,000 to each of 32 New York nonprofit philanthropic groups, as well as $200,000 to each of six law schools. She has a Masters in Human The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. The Company holds interests in movie theater chains, newspaper publishing, performing arts centers, professional soccer teams, and oil exploration companies. Amid speculation that he would be better off breaking up SP and selling it piecemeal (Krebs of the Santa Fe still coveted much of the SP line and approached Anschutz about a deal several times without success), Anschutz told Forbes: 'I said in my original ICC filing that we would turn this railroad around; I'm in it for the long haul.' Amoco attempted to buy Anschutz's mineral rights but he refused. Although SP was still in weak financial condition, Moyers had managed to make a number of improvements, and in February 1995 he once again retired. Today, the Denver-based corporation controls the Washington . Lorem ipsum dolor sit amet consectetur adipisicing elit. Philip Anschutz was born in Russell, Kansas, in 1939 (one source says it was Grand Bend). Prior to CU, Raja worked as a Commercialization Manager at the University of Kentucky He started modestly, with the 1984 purchase of the Denver & Rio Grande Railroad, commonly known as the Rio Grande, a small railroad that then consisted of more than 3,400 miles of track from Missouri to Utah. The Anschutz Exploration Corporation subsidiary has continued the original business of discovering and developing oil and gas wells, with particular focus on projects in Colorado, Utah and Wyoming. Closing was expected in October 2011. In the fall of 1996, perhaps not coincidentally soon after Union Pacific's takeover of Southern Pacific was consummated, Qwest announced that it planned to develop a nationwide fiber-optic network, using the most advanced technology and offering the highest capacity of any U.S. telecommunications network. The Anschutz Corporation Address: 555 17th Street, Suite 2400 Denver, Colorado 80202 U.S.A. Telephone: (303) 298-1000 Fax: (303) 298-8881 Statistics: Private Company Incorporated: 1958 NAIC: 551112 Offices of Other Holding Companies Key Dates: 1958: The Anschutz Corporation is founded by Fred Anschutz, an oil wildcatter. In his experience, he has assisted PIs from a number of different departments and backgrounds with submitting and managing grant and contracts with a number of foundations and federal agencies including the NIH, DoD, DARPA, Anschutz Company operates as a holding company. Fashion designer Philipp Plein just dropped a new sneaker collaboration with Snoop Dogg in Los Angeles. sponsored research, or use of capabilities at the Anschutz Medical Campus, such as the Drug Discovery Center or the Gates Biomanufacturing Facility. [12], In May 2003, New York Attorney General Eliot Spitzer reached a settlement with Anschutz after filing a civil complaint accusing Anschutz of accepting IPO shares from Salomon Smith Barney in exchange for Qwest's investment banking business. In later years, Anschutz contributed to Dole's political campaigns. Dallas Martin serves as Associate Counsel in the CU Innovations Office at the University of Colorado Anschutz Medical Campus. learn how over 7,000 companies got started! www.aegworldwide.com. [50] He heads the Anschutz Foundation, and was listed 41st on the Forbes 400 list in October 2019, with a net worth of $11.5 billion. The Random Acts of Kindness Foundation CEO And Executives - Learn more about The Random Acts of Kindness Foundation CEO and key people by exploring the management team. to Colorado, he worked in higher education administration and grant management within the Department of Electrical and Computer Engineering at North Carolina State University in Raleigh, North Carolina. Moyers was succeeded as president and CEO by veteran railroader Jerry R. Davis. Emily has worked on the Anschutz Medical Campus for over 7 years in the Department of Emergency Medicine and the Department of Pediatrics, performing clinical operations and medical education program management. Large-scale industry collaborations have been established in areas such as AI and drug development. Mid-1990s and Beyond: Exit Railroads, Enter Qwest and Sports, Reenter Oil. By the early 1980s, Oxford-AnsCo had developed several major skyscrapers in Denver, including the 56-story Republic Tower and the 39-story Anaconda Tower, worth an estimated $250 million. Anschutz graduated from Wichita High School East in 1957, and in 1961 earned a bachelor's degree in business from the University of Kansas, where he was a member of the Sigma Chi Fraternity.[8]. The Anschutz Corporation has been part of the Carbon County community since the mid-1990s through its ownership of The Overland Trail Cattle Company LLC, a 320,000-acre working ranch situated south of Rawlins/Sinclair and northwest of Saratoga on a combination of private land and federal land managed by the BLM. About Philip Anschutz Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Akebono Brake Corporation (Elizabethtown) <ABC> (North American Co-head Office, sales and marketing) 300 Ring Road, Elizabethtown, KY 42701, U.S.A. Tel: +1 270-234-5500 Print or download. [21], In 2012, SportsBusiness Journal named Anschutz the fifth most influential person in sports business in its annual survey of the "50 Most Influential People in Sports Business. Second, Moyers focused on service to SP's customers, putting pressure on his subordinates to improve the operations. Strategies, LLC, through which she works primarily with local small biotech companies guiding them through formation, business and regulatory strategy, and intellectual property alignment. Anschutz next pulled off a coup by hiring Joseph Nacchio, a top AT & T executive, to run Qwest as CEO (Anschutz remained chairman). (303) 724 - 1098 |dallas.martin@cuanschutz.edu. You can help Wikipedia by expanding it. In 1991 Anschutz carved SP Telecom out of Southern Pacific, taking full control of it for an investment of $55 million. her law career at Lyon & Lyon, LLP. Since starting at Anschutz Medical [61] Anschutz has run 15 marathons. (303) 724 - 0220 |heather.callahan@cuanschutz.edu. She also manages several funds, including an innovation The Anschutz Entertainment Group ( AEG ), also known as AEG Worldwide, is an American global sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. Part of this came in the form of stakes of more than five percent each he gained in Union Pacific (a stake initially worth about $700 million) and in Union Pacific Resources Group Inc., a leading independent oil and gas exploration and production company that was spun off from Union Pacific in 1995 and 1996 (the stake in the latter was worth about $300 million). This initiative saved a lucrative Georgia-Pacific account by increasing on-time Georgia-Pacific deliveries from zero to 80 percent in three months. He has aBachelor of Psychology from Texas Tech University, (303) 724 - 3720 |lindley.pagels@cuanschutz.edu, Correspondence, scheduling, and directions, (303) 724 - 3720 |angie.hegel@cuanschutz.edu. Similar to many other takeovers of the 1980s, Anschutz engineered a highly leveraged purchase in which Rio Grande Industries paid Santa Fe Industries just over $1 billion in cash, most of it borrowed, for SP, assuming more than $700 million in SP debt. Anschutz denied any wrongdoing but volunteered to donate a total of $4.4 million to settle the case as long as he selected the recipient organizations in advance. In May 2001, the Bush administration upheld Anschutz's right to drill an exploratory oil well at Weatherman Draw in south-central Montana, where Native American tribes wanted to preserve sacred rock drawings. In the summer of 1993, Anschutz turned to a railroad company veteran, Edward Moyers, to assist in turning SP around. The Random Acts of Kindness Foundation may also be known as or be related to Anschutz Corp The, The Anschutz, The Anschutz Corporation and The Random Acts of Kindness Foundation. The Chronicles of Narnia: The Lion, the Witch and the Wardrobe, U.S. Court of Appeals for the Tenth Circuit, University of Colorado School of Medicine, William E. Simon Prize for Philanthropic Leadership, "chemistrydaily Resources and Information", "The Aspen 50 Forbes billionaires in Pitkin County", A Standard History of Kansas and Kansans, by William E. Connelley, Contemporary Honors Award Recipient Philip Anschutz, "The real king of the Los Angeles Kings: mystery billionaire Philip Anschutz", "Billionaire Next Door Philip Anschutz may be the richest American you've never heard of.

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