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Philip Anschutz. Philip Frederick Anschutz (/ ˈænʃuːts / AN-shoots; born December 28, 1939) is an American billionaire businessman who owns or controls companies in a variety of industries, including energy, railroads, real estate, sports, newspapers, movies, theaters, arenas and music. In 2004, he purchased the parent company of the ...
3 days ago · Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. He is the majority owner of the NHL's Los Angeles Kings, with a stake in the MLS's ...
Oct 2, 2019 · O ver his 60-year career Phil Anschutz has owned oilfields, railroads, fiber-optic networks, tungsten mines, movie theaters and even a pancake manufacturer. He owns the L.A. Kings NHL team, nearly ...
- Christopher Helman
Anschutz Entertainment Group, Inc. (AEG), also known as AEG Worldwide, is an American global sporting and music entertainment presenter and a subsidiary of The Anschutz Corporation. It is the world's largest owner of sports teams and sports events. Under the AEG Presents brand, it is the world's second-largest presenter of live music and ...
- Delving Into Industry
- Crisis Hits The Company
- A Move Into Telecoms and Travel
- Internet Opportunities
- Sports and Entertainment
- Hotels and Hospitality
- A Family Man
With his interest firmly in financial legal matters, Anschutz had planned to complete a postgraduate law degree at the University of Virginia. Prior to starting the first semester, however, he returned to Wichita to take over the family business, Circle A Drilling, which was in difficulty due to his father’s descent into alcoholism and the conseque...
But the road to success is often beset with obstacles to overcome and, during the early years of Anschutz Corporation, a fire broke out in the Wyoming oil field he was working on. Anschutz had no financial provision for such a disaster. At that time, the famous firefighter Red Adair was having his biopic filed by Universal Pictures. Anschutz sold t...
In 1975, Anschutz started to explore other industries – most notably, the railroad and telecoms industry. He decided to revamp older, disused lines and, by 1984, had acquired Rio Grande Industries, which owned the Denver & Rio Grande Western Railroad. The price at purchase was US$90mn. And he later bought Southern Pacific Railroad for more than US$...
Anschutz always had a keen eye for opportunity, and, using his railroad rights-of-way, he installed fibre optic cables for telecom companies. He also laid extra cables for himself. By 1995, he was able to use his own fibre network to create Qwest Communications, a leader of the decade’s dot com boom. At the height of his wealth, Anschutz accrued a ...
By the year 2000, Anschutz – still reeling from the crash of Qwest Communications – decided to invest in the sports and entertainment industries. He was responsible for establishing Major League Soccer and, at one point, was financially supporting six leading teams. Anschutz still owns the LA Galaxy team to this day. Following these investments, he...
Not content with playing a major role in the entertainment industry space, Anschutz moved into hotels. By 2010, he had added news outlets, including the San Francisco Examiner, to his portfolio. In 2009, he bought the conservative political magazine The Weekly Standardfrom Rupert Murdoch. His most recent purchases include a raft of American hotels ...
Yet, despite his incredibly opulent lifestyle, Anschutz has never courted media attention, instead leading a surprisingly low-profile existence over the decades. For example, he married his childhood sweetheart, Nancy, whom he met when he was 16. The couple’s three children have enjoyed a singularly private existence because Anschutz prefers to mai...
- Joanna England
Oct 5, 2016 · Video unavailable. Philip Anschutz knew early in life that he was put on this earth to be a collector of businesses. The epiphany came at the Broadmoor hotel, a Mediterranean-style palace built in ...
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The duo has three children named Christian, Sarah, and Elizabeth. Philip’s son Christian works as the Managing Director of Western Development Group (WDG) in Denver, CO. Philip Anschutz is an 84-year-old American billionaire businessman married to his wife Nancy Anschutz. Philip's net worth is $10.7 billion.
