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The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. Philip Anschutz, Fred's eldest son, assumed control of the company in 1962 and diversified it with holdings in the entertainment and hospitality industries.
1958: The Anschutz Corporation is founded by Fred Anschutz, an oil wildcatter. 1962: Philip Anschutz takes over Anschutz Corporation from his father. 1968: The younger Anschutz makes his big strike as a wildcatter.
The Anschutz Corporation is an American private holding company headquartered in Denver, Colorado, United States. The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells.
In 1995 Anschutz purchased a 40 percent stake in Forest Oil Corporation, a Denver-based oil and gas exploration and production company founded in 1916, for $45 million. Anschutz attempted to build Forest Oil into a major independent oil company through mergers and acquisitions.
Mar 4, 2013 · After Hamm on the list of American oil and gas billionaires comes Phil Anschutz and George Kaiser, with fortunes of $10 billion each (tied for 109th). Anschutz is truly one of the great...
- Christopher Helman
Oct 2, 2019 · Anschutz made his first mega-fortune in 1982, selling half of an oilfield on the Wyoming-Utah border to Mobil Oil for $500 million ($1.4 billion in today’s money).
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Jul 20, 2015 · Phillip Anschutz actually got his start in business as an oil wildcatter after taking over his father's fledgling oil company. It's a company he turned around, and then sold, only to get right...
