#15Name: Stanley KroenkeNet worth: $5.7 billionAge: 66Primary residence: Columbia, MissouriForbes 400 ranking: 84Forbes Worlds Billionaires ranking: 265Source of wealth: Sports, real estateStake in Aspen: Adjoining Red Mountain properties, an Aspen Mountain townhome, and a commercial building on Galena Streettotal value of $28.7 millionNotes: Kroenke, who made the most expensive Aspen real estate purchase of 2011, got rich partially by developing shopping centers anchored by Walmartsafter marrying Walmart heiress Ann Walton. Gold said the developer has another two under contract, one of which will turn some heads if the sale closes. Illustrations by People are going to get confused, angry, and potentially harmed. Catch up on the week's most-read stories. Affair with N/A. Amidst the stretch run of the 2022-23 NBA season, the league office and the National Basketball Players Association are nearing a new collective bargaining agreement. These include the coronavirus, which has led to travel restrictions for 750 million people in China, depressing that nations economy and by extension the global economy. The guys and gals who run the city and fancy themselves smarter than those who dutifully labor to take advantage of them continually fall in the trap of being swayed by promises of untold riches at the end of the rainbow. Net Worth $960 thousand. The Aspen commercial real estate market remains strong and stable, notching another solid year in 2019. The experts said he got taken to the cleaners. #1Name: David KochNet worth: $41.6 billionAge: 74Primary residence: New York City, New YorkForbes 400 ranking: 4Forbes Worlds Billionaires ranking: 6Source of wealth: Diversified, including energy, agricultural materials, and pulp and paperStake in Aspen: Two West End homes together worth $12.8 millionNotes: Koch, with his brother Charles, has tried to reshape the political landscape of America by giving millions to conservative and libertarian causes and candidates through various business and political networks. Baytex Energy Corp. announced on Tuesday that is has agreed to acquire Eagle Ford Shale pure play Ranger Oil Corp. for $2.5 billion, including net debt of $650 million. Their collective net worth totals more than $335 billion, and the value of their real estate in the Aspen area is at least $750 million. #49Name: Marc NathansonNet worth: $1.18 billionAge: 69Primary residence: Holmby Hills, CaliforniaForbes 400 ranking:N/AForbes Worlds Billionaires ranking:N/ASource of wealth: Communications, real estate, artStake in Aspen: Owns a $7.6 million home in AspenNotes: Nathanson, like Michael Eisner, doesnt appear on Forbes s rich lists, but is one of L.A.s wealthiest citizens, according to the Los Angeles Business Journal. Now thats something everyone can get behind. #37Name: Mortimer ZuckermanNet worth: $2.5 billionAge: 77Primary residence: New York CityForbes 400 ranking: 243Forbes Worlds Billionaires ranking: 745Source of wealth: Real estate, mediaStake in Aspen: Red Mountain home worth $5.6 millionNotes: The owner and publisher of New York Daily News and U.S. News & World Report (and editor of the latter), Zuckerman is one of several Aspen residents who was ripped off by Bernie Madoffs Ponzi scheme. Nancy M. Mayer. Those Evict Hunt signs that are popping up all over town carry a potent message to Hunt, his cronies and any other developer who chooses to follow this modus operandi. #19Name: Bruce HalleNet worth: $4.9 billionAge: 84Primary residence: Paradise Valley, ArizonaForbes 400 ranking: 103Forbes Worlds Billionaires ranking: 315Source of wealth: Discount TireStake in Aspen: 600-acre Wildcat ranch valued at $31.6 millionNotes: Bruce and Diane Halle have supported local nonprofits, including the Aspen Institute (endowing the Halle Scholarship program with $400,000), the Aspen Art Museum, Aspen Santa Fe Ballet, and the now defunct Aspen Valley (Medical) Foundation. Aspen Sojourner. Hunt has received approvals to redevelop the properties, which wont be more than two stories tall and will respect the character of town as defined by citizen boards like the Historic Preservation Commission. The name, inspired by a cycling trip in the Italian mountains, means hairpin turn. Photography by By local real estate appraiser Randy Golds own tally, some 60 billionaires own residential or commercial property in the Aspen area. SagaCity Media | 921 SW Washington St, Suite 750 | Portland, Oregon 97205, Three Meals, Three Restaurants at Aspen's Airport Business Center, An Aspen Home Re-creates the Ambience of a Five-Star Alpine Lodge, One of Aspens Most Noted Architects Designs a Residence for a Very Special ClientHis Daughter, A Snowmass Retreat Goes from Merely Functional to Fabulous, A Skin Care Must: Antedotum's New Face Oil, The 34th Annual Boogie's Buddy Race and Honk and Honor for Charlie, Aspen Valley Hospital Foundation Summer Polo Charity Classic. With that much disposable income, a billionaire can afford to overspend by on properties by millions of dollars, with the same relative impact of a millionaire overspending by $50,000, noted Gold, who is with the Aspen Appraisal Group and has been appraising properties in Aspen and elsewhere for 42 years. Richard Kinders baby, Kinder Morgan, is the fourth-largest energy company in North America, worth nearly $34 billion. And many of them have grown substantially richer of late. Mark Hunt has also won the "Fight of the Night" honour. #27Name: Daniel OchNet worth: $3.8 billionAge: 53Primary residence: Scarsdale, New YorkForbes 400 ranking: 157Forbes Worlds Billionaires ranking: 435Source of wealth: Hedge fundsStake in Aspen: $16 million home on lower Red MountainNotes: The CEO of Och-Ziff Capital Management, one of the worlds only publicly traded hedge fund firms, with assets of over $41 billion, got his start at Goldman Sachs with fellow Aspen homeowner Edward Lampert, then struck out on his own with a reported $100 million in seed money from the Ziff brothers (see nos. Coining the phrase hobby officers to laughter from the crowd, he described them as emblematic of the influence a growing number of billionaire buyers are having on local real estate. Photography by Nationality New Zealand. The historic Red Onion in downtown Aspen is set to open by Thanksgiving, according to Mark Hunt, the building's owner. Mark Fuller, 02/20/2020 Randy Gold is one of the best and most respected in this town. Obviously, having one predominant landlord has made many Aspenites nervous. She was national finance chairwoman for Obamas 2008 campaign and a key fundraiser in his reelection. Downtown has zero vision right now, he says. Mark Hunt Wikipedia. Also on Red Mountain is Germanys Hasso Plattner, cofounder of the third-largest software company in the world, SAP. It took just three years to win their third. Photo credit: Getty Images. By Published in the Midsummer/Fall 2019 issue of And, we fell for it. Mark Hunt Net Worth. Matty Newton, 07/14/2020 A Chicagoan, he attended Lester Crowns Fourth of July party on Aspen Mountain last year. Property values listed are from the county assessors most recent valuation period, which reflects the market as of June 30, 2012, and formed the basis for property tax bills for 2013 and 2014. However, the upcoming contest is sure to be bitter, and an ugly election is not likely to fuel buyer interest in purchasing Aspen real estate, he said. The former UFC heavyweight contender has been ordered by the . Roger Marolt thinks Mark Hunt is the smartest developer to hit our streets since J.B. Wheeler. He once spent $20 million to tear down just-built condos overlooking his property. He estimates there may be more, estimating the total number at around 75. Oddly, he isnt ranked on the Forbes rich lists. We love to grab pastries from the most amazing place called Paradise Bakery, she told the magazine in 2011. The progressive executive also has investments in Lululemon, eBay, and Groupon. Bookmarks are saved to your account and can be accessed from any device. Hunt III, sold his Hunt Petroleum to XTO Energy in 2008 for $4.2 billion in cash and stock. He also, according to Wikipedia, enjoys spelunking and hunting for buried treasure. In order to justify the kind of selling prices driving this activity, commercial rents have to be steep, in the range of $175 to $200 per square foot, he said. Aspen Valley Hospital will name a new emergency department for the Resnicks after a recent gift. #8Name: Hasso PlattnerNet worth: $8.5 billionAge: 70Primary residence: Heidelberg, GermanyForbes 400 ranking: N/AForbes Worlds Billionaires ranking: 162Source of wealth: SoftwareStake in Aspen: Two homes on Red Mountain valued at $19.3 millionNotes: Plattner is a sports enthusiast who, according to Forbes, likes to ski and snowboard. But the strongest performer in the local real estate market was Snowmass homes, Gold said, where the number of transactions was up 26 percent and dollar volume was up 55 percent. Ethnicity Mix. "It will be a bar . Its made multi-billion-dollar acquisitions in recent years, banking on future shale development to create massive demand for its pipelines. Hunts got so much of the citys commercial real estate under ownership and in partial stages of construction that when he and his partners sneeze, the rest of us have to wipe our noses and unless something changes quickly, we could soon be out of Kleenex. His ascendency began modestly enough. This is all about Mark Richard Hunt's net worth, bio, height, weight, and other information. That would make Aspen one of the most billionaire-saturated markets on the planet. as told to Sarah Chase Shaw, 07/02/2020 Aspen's wealthiest men and the world's sixth richest, brothers Charles and David Koch, for example, are worth $6 billion more than they were a year . The focus at London's Energy Week on the energy transition ignores the reality of rising fossil fuel demand. And all either inherited their wealth or built it with a husband. Karl Wolfgang, 12/06/2022 Behind the strong reputation of Baylor Scott & White and its longstanding commitment to the community are caring leaders. With 's daughter Caroline founded and later sold Rosewood Hotels & Resorts; his late son, sports magnate Lamar, is said to have named the Super Bowl. SagaCity Media | 921 SW Washington St, Suite 750 | Portland, Oregon 97205, Mark Hunt Has Big Plans for Downtown Aspen, A Q&A with Aspen High Athletic Director Martha Richards, From Red Cross Heroes Karen and Tom Nern to SheLift Founder Sarah Herron, our Fantasy Guest List, Three Meals, Three Restaurants at Aspen's Airport Business Center, A Snowmass Retreat Goes from Merely Functional to Fabulous, This Aspen Townhome Feels as Good as It Looks, Aspens Real-Estate Market Soared Sky-High in 2020, A Skin Care Must: Antedotum's New Face Oil, Aspen Valley Hospital Foundation Summer Polo Charity Classic, Jazz Aspen Snowmass | Labor Day Experience. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . If you look around town, that appears to be happening with increased regularity. None of it is ever Hunts fault. Who owns the most property in Aspen? In striking out on his own (the brothers split up their hedge fund), he is reportedly backing a sports agency founded by Roger Federer. Its a small but interesting group: a highly ranked government officialCommerce Secretary Penny Pritzkermarketing innovator Lynda Resnick, Walmart heiress Ann Walton Kroenke, and style maven Aerin Lauder Zinterhofer, who is literally making a name for herself with her Aerin brand of beauty products, fashion accessories, and home dcor. #5Name: John PaulsonNet worth: $13.5 billionAge: 58Primary residence: New York City, New YorkForbes 400 ranking: 36Forbes Worlds Billionaires ranking: 84Source of wealth: Hedge fundsStake in Aspen: $52.6 million Starwood estateNotes: Paulson vacationed in Aspen for 25 years before buying a home here, according to his spokesman, who added that Paulson plans to reduce the scale of the 56,000-square-foot main house on the Starwood estate he bought in 2012. I think you will have to admit that Mr. Hunt is at least smarter than the potential buyers who signed that contract, right? Ross Kribbs, 12/21/2021 Aspen condos saw a decrease in dollar volume of 28 percent compared to 2018, but Gold said that was mostly due to a tightening of supply. Email at [email protected]. But whether welcomed or shunned, at least fifty of the worlds berwealthy are indeed members of the Aspen community. Attendees included fellow Aspen billionaires Ken Griffin and Richard DeVos. In contrast, Snowmass land sales were down in 2019 as buyers contemplated the cost of construction and gravitated toward remodel projects. Just four of the fifty billionaires on this list8 percentare women. Well, that would be us, you and me, the Taxpaying Citizens of Aspen! They also sponsor the Bezos Scholars Program at the Aspen Institute. But, thats not all. Photography by Gold predicted that a slow transition into a down market would continue in 2020, though he said that are some potential threats that could throw the wider economy farther off course. 2019 saw fewer land sales in Aspen that in the prior year, with 20, sold for a total dollar volume of $151 million. Take a look at what this is all about and what needs to be done. His company, Hilcorp, one of the worlds biggest privately owned oil companies, has been investing big in Alaskas Cook Inlet, the Utica shale of Ohio, and the Gulf Coast region. My ultimate goal is to connect the town with the people who live here.. Styled by The charismatic performer recently released two R&B singles about love. Source: Forbes, Business Insider. #1. Catch up on the week's most-read stories. His knowledge of tax law helped him build his fortune by developing federally subsidized affordable housing. Hes also Americas eighth-largest private landowner, according to Forbes. #28Name: J. Christopher ReyesNet worth: $3.8 billionAge: 60Primary residence: Lake Forest, IllinoisForbes 400 ranking: 134Forbes Worlds Billionaires ranking: 439Source of wealth: Food and beer distributionStake in Aspen: $21.6 million home near ButtermilkNotes: Reyess $22 billion distribution company moves more beer than any other distributor in the country. by Brent Gardner-Smith October 30, 2015 February 19, 2021 "Prior to July, 2010, Crown family members were invested with Mark Hunt in several Chicago properties. She has 1,784 posts, 96.3K followers, and 2002 . Im not kidding. And many of them have grown substantially richer of late. By There was an error processing your request. You are certainly not going to discredit him by asking an appraiser. Net Worth, Salary & Earnings of Mark Hunt in 2023 It would be fantastic for the town, he says. Email notifications are only sent once a day, and only if there are new matching items. The bigger and more unsubstantiated the promise the better, particularly when it comes from someone who continually snookers them but does so with a smile on his face and pat on the back. #4Name: Michael DellNet worth: $18.5 billionAge: 49Primary residence: Austin, TexasForbes 400 ranking: 25Forbes Worlds Billionaires ranking: 46Source of wealth: Dell, Inc.Stake in Aspen: His fathers $9.5 million Red Mountain homeNotes: Dell, like Jeff Bezos, doesnt actually own an Aspen home; his father does. As of 2020, the Hunt family had a combined net worth of $15.5 billion, making them one of the richest families in America. The Hunt family's fortune is from oil wildcatter H.L. Mark Hunt Wanderlei Silva 1 0 76 31 0 7 0 2 PRIDE Shockwave 2004 Dec. 31, 2004 S-DEC 3 5:00 win. Hunt. Were creating architecture that doesnt mimic but respects the grand buildings like the Elks or the Wheeler [Opera House], he explains. Books: Born To Fight. An email has been sent to with a link to confirm list signup. Gold said he has seen recent tax bills where the rate comes to $20 per square foot for commercial property. July 23, 2019 Thats about $1,725 per square foot. But during the COVID era, the mantle of most disruptive and least-respected developer has landed on Hunt as a result of all his unfulfilled commitments and promises. Britta Briscoe Linda Hayes Styled by But he has big plans for other components of his inventory (see sidebar). Aspen has long been a retreat for the heirs of cosmetics queen Este Laudera stylish and well-liked family that has been part of Aspen society and philanthropic circles since the 1970s. His eldest children, the late Margaret and H.L. Abramovich and Shvidler have been in business together since the early 1990s. Crowns Fourth of July party on Aspen Mountain last year to the cleaners,! There may be more, estimating the total number at around 75,... 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