After buying out his father in the family’s oil drilling company Circle A Drilling in 1961, and earning large returns in Wyoming, Anschutz would parlay that success into a staggering amount of businesses. Owning or controlling companies in a smorgasbord of industries including energy, newspapers, movies, theaters, arenas and music.
He owns numerous sports teams in hockey, basketball and soccer, but his main investments have been in real estate and railroads. As a prominent donor to conservative causes, many were surprised when Anschutz, through his private holding company The Anschutz Corporation, invested in the popular, and largely liberal, Coachella Valley Music and Arts Festival.
Anschutz is worth around $10.3 billion