It would give them time to reorganize," he says. Shaw Bowman* Townsend is a former ExxonMobil vice president with a $1.7 million home in Las Campanas; wife Joanna is on the National Council of the Georgia OKeeffe Museum. He provides jobs in town. Ron Chicaferro, who moved from California to join Thornburg, recalls. She fell in love with dance at a very young age and at eleven years old Kiri Chapman joined the NDI New Mexico team in 2022. He also was a director of CompUSA. Originally from Southern California, but happily relocated to Santa Fe from Dallas, Mary was a Jody DeCoursin-Good joined NDI New Mexico as the Director of Human Resources. John Berndt E/C Joe Schepps EIN number 85-0431846.Copyright 2023 | Donor Privacy Policy | Privacy Policy | Photography Credits. David R Albin Four months after that promotion, Jirby gave birth to a son, Lloyd. $$ish The legalese in the deal states repeatedlyand in ALL CAPSthat the city is at NO RISK if Thornburg vacates the space. The other part is he wasn't content with making money at that spread, and he leveraged. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. RT @sir_yb: Abdul Samad Rabiu, the second wealthiest person in Nigeria, has surpassed South African billionaire, Nicky Oppenheimer in net worth, now ranking as the third richest individual in Africa with a net worth of over $8.6 billion. Ken DeBettignies* Africas billionaires are richer than they have been in years. $$$ There are two Paul De Domenicos in Santa Fe; the son is 47, the father 75. Help didn't come. Johann Rupert is chairman of Swiss luxury goods firm Compagnie Financiere Richemont. The Academy-award nominated and Golden Globe-winning actress (Love Story) has lived in Santa Fe since 1994, and is well-known for her approachability and generosity to numerous Santa Fe causes, including animals and the arts. Help keep local journalism fighting for you. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. Cohan explains how Thornburg Mortgage funded its operations "most often by obtaining short-term, often overnight, borrowings" backed by the mortgages it held. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. He failed. Ronald N Dubin Redwood Trust lost $444 million last year, but remains in business. Adenuga, Nigerias second richest man, built his fortune in telecom and oil production. Their family invented Rice-A-Roni. Rabiu, the son of a businessman, inherited land from his father. Thornburg Mortgage was founded in 1993 with tax advantages in mind. He's making loans at 5. Brian had been with American Greetings for over 25 years, the last Joelle Mevi is a retired government finance officer with over 20 years of experience in accounting, finance, and public funds investing. And he can borrow money at 2. The couple made ARTnews top collectors list and serve on the board of the Georgia OKeeffe Museum. Kelcy Flanagan Politicians paid respect to a man whose business they may not have understood, except to the extent that it was successful. T Peter Townsend Brilliance wasn't enough for Thornburg. "Unbeknownst to the attendees of the meeting and investors," the suit claims, Thornburg "was just two days away from commencing the sale of 35 percent of its highest quality mortgage-backed assets to meet margin calls." Mail letters to PO Box 4910 Santa Fe, NM 87502 or email them to editor[at]sfreporter.com. "We like to keep our name out of the press," Investor Relations Director Mike McMahon says. She became active as a community volunteer 10 years ago, and has been engaged in both arts/culture and human service organizations. Aleem Hasham was born and raised in Nairobi, Kenya. Subsequent to the economic crash, AIG has received a total of $182.5 billion in federal aid, according to the Government Accountability Office. There were two parts to it. Next to that nonprofit fortune, Lannans $729,000 home on Camino Militar looks relatively modest. There was no internet. In June, Richardson named him a major contributor to the arts. $$$ Peter Frank EEE In 2006, he and wife Margarita sued their high-end decorators after getting billed for items theyd rejected. The New Mexican said residents "should be glad the company didn't grow weary of NIMBYism and forsake Santa Fe for Santa Barbara or some other la-di-dah address," in an editorial against Concerned Citizens. Catherine Oppenheimer, has assets of $22 million. Thornburg helped Donald Trump turn the old Commodore Hotel in NYC into the Grand Hyatt. Cyril Ramaphosa. Other local institutions rallied for Thornburg. WE DIDNT FORGET: Some usual suspects Life was good. The tax-avoidance strategy, foreshadowed by Thornburg's New York bond deals, was transplanted to New Mexico. But not for a landscape painter. A few years later, it endured a wave of prepayments by borrowers. There was no internet. In 2007, Casey became a managing partner at AIG Global Real Estate, a subsidiary of the finance and insurance giant. That wasn't the case," Heldmeyer says. Paul Cassidy A big-time state contractor, homebuilder, landowner and Richardson campaign donor, Otero has one of the few Hispanic names on our list. Nicky Oppenheimer, heir to the DeBeers diamond fortune, sold his 40% of the firm to mining group Anglo American for $5.1 billion in cash in 2012. Net Worth: Relationship: Kids: View Personal Details . NDI New Mexico programs positively impact childrens academic achievement, health, quality of life, and self-efficacy through consistent messaging, skill-building, and providing positive role models. Richard L Bloch It's harder to get a mortgage these days. For 85 years until 2012, the Oppenheimer family occupied a controlling spot in the worlds diamond trade. E/C "The 'genius' element was very simple. To market those funds, he founded Thornburg Securities. Nigerian cement tycoon Abdulsamad Rabiu is $1.5 billion richer after taking yet another of his companies public, following the listing of BUA Cement in January 2020. $$$ She received her Sage is a life-long learner and lover of music. The stock fell rapidly. The National Dance Institute, founded by Thornburgs wife, Catherine Oppenheimer, has assets of $22 million. EEE One is that housing prices always go up and stock prices always go up," Eric Janszen, a former venture capitalist and author of a forthcoming book, The Post-Catastrophe Economy, says. It claims that by April 2007, Thornburg acknowledged "burgeoning concerns" with the Alt-A market but assured investors that their money was safe because Thornburg was "different. James Ortiz* Waxman, 68, founded Psilos Group Managers, a venture capital fund that specializes in health care technologies. Net worth: $13.9 billionRank in 2021: 1Net worth in 2021: $12.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 64Country: NigeriaResidence: Lagos, Net worth: $11 billionRank in 2021: 4Net worth in 2021: $7.2 billionOrigin of wealth: Luxury goodsIndustry: Fashion and RetailAge: 71Country: South AfricaResidence: Cape Town, Net worth: $8.7 billionRank in 2021: 3Net worth in 2021: $8 billionOrigin of wealth: DiamondsIndustry: Metals and miningAge: 76Country: South AfricaResidence: Johannesburg, Net worth: $8.6 billionRank in 2021: 2Net worth in 2021: $8.5 billionOrigin of wealth: Construction and InvestmentsIndustry: Construction and engineeringAge: 61Country: EgyptResidence: Cairo, Net worth: $7 billionRank in 2021: 6Net worth in 2021: $5.5 billionOrigin of wealth: Cement,sugarIndustry: DiversifiedAge: 61Country: NigeriaResidence: Lagos, Net worth: $6.7 billionRank in 2021: 5Net worth in 2021: $6.3 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 68Country: NigeriaResidence: Lagos, Net worth: $5.1 billionRank in 2021: 7Net worth in 2021: $4.8 billionSelf-madeOrigin of wealth: FoodIndustry: Food and BeverageAge: 78Country: AlgeriaResidence: Algiers, Net worth: $3.4 billionRank in 2021: 8Net worth in 2021: $3.2 billionOrigin of wealth: TelecomIndustry: TelecomAge: 67Country: EgyptResidence: Cairo, Net worth:$3.1 billionRank in 2021: 9Net worth in 2021: $3 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 59Country: South AfricaResidence: Johannesburg, Net worth: $2.7 billionRank in 2021: 10Net worth in 2021: $2.8 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 69Country: South AfricaResidence: Cape Town, Net worth: $2.7 billionRank in 2020: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 60Country: ZimbabweResidence: London, Net worth: $2.5 billionRank in 2021: 11Net worth in 2021: $2.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 74Country: EgyptResidence: Cairo, Net worth: $2.2 billionRank in 2021: 12Net worth in 2021: $2 billionOrigin of wealth: Petroleum, diversifiedAge: 61Country: MoroccoResidence: Casablanca, Net worth:$1.7 billionRank in 2021: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 72Country: South AfricaResidence: Stellenbosch, Net worth: $1.5 billionRank in 2021: 15Net worth in 2021: $1.3 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 89Country: MoroccoResidence: Casablanca, Net worth: $1.5 billionRank in 2021: 13Net worth in 2021: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 46Country: TanzaniaResidence: Dar es Salaam, Net worth: $1.5 billionRank in 2021: 14Net worth in 2021: $1.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 76Country: EgyptResidence: Cairo, Net worth: $1.1 billionRank in 2021: 18Net worth in 2021: $1.1 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 60Country: EgyptResidence: Cairo. in Psychology and an Born and raised in Havana, Cuba, in 1996 she was accepted into the Cuban National Ballet School, Jocelyn Montoya has broad experience in the performing arts. According to TCM, Katharine Hepburn died on June 29, 2003 at the age of 96. Reaud owns the only Gulfstream IV, a 19-passenger business jet that costs roughly $20 million, registered in Santa Fe County. The Oppenheimer family has a combined net worth of $8.2 billion, largely through the 2012 sale of their stake in De Beers for about $5 billion, according to the Bloomberg Billionaires Index . William A Miller Documents show Thornburg paid $11,000 in state and local income taxes in 1985. Congratulations to the @BUAgroup and his family . E/C As a group, the continents 18 billionaires are worth an estimated $84.9 billion a 15% increase from 12 months ago and the largest tally since at least 2015. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. The lawsuit, which failed, took years to work through the courts. $$$ Vicki Ellis, a very successful beauty pageant coach, is portrayed in the program by Catherine Zeta-Jones. Leann Kravitz In 1998, he hired Ron Chicaferro, then working for another REIT, to lead Thornburg Home Loans. Tracking the performance of complex, constantly changing private investment portfolios, combined with the fluctuating value of land and property, is another. He donates big to Democratic politicians and the Center for Contemporary Arts. In any case, the question might be of hardly an issue. The doors throughout the dwelling are equipped with hardware as hefty and as elaborately detailed as that on medieval town gates. And that he wanted that buildinghe being the governorto be a monument of the potential of Santa Fe to be a financial center," Collins says. Net worths were calculated using stock prices and currency exchange rates from the close of business on Wednesday, January 19, 2022. Patrick Lannan He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. In 2001 he purchased the Palomino Club, a popular strip joint in northern Las Vegas, Nev. Gene Hackman EEE The site described it as 12,000 square feet of luxury designed with Anasazi and Pueblo influences, featuring floors of imported tile, stone, and cherry wood[and] fine details such as custom iron and glass work, hand crafted, hand adzed custom built doors, fine millwork, and nine uniquely designed fireplaces. The asking price is $8.2 million. To value privately-held businesses, we start with estimates of revenues or profits and apply prevailing price-to-sale or price-to-earnings ratios for similar public companies. She is also a member of the Del Archuleta is a native New Mexican and has devoted his life to giving back to the community and improving the lives of New Mexicans. Salary in 2023. Under the terms, the city owns the campus property and leases it to Thornburg. Jane Fonda in Dance Summa Cum Laude at The Boston Conservatory at Berklee, Savanna teaches dance fitness classes all around Santa Fe, participated in NDI programs in her Born in Campinas, Brazil, Simone di Pietro began dancing at age of 10. "I get on my knees and bow to her every other day," Chicaferro, who now "lounges" in Scottsdale, Ariz., says. Despite the blue-blood cred, Dubin has a foothold here. Connie Cassidy* The couple had a son in April 2000. William D Sanders Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. RT @Nairametrics: This has placed him ahead of South African billionaire Nicky Oppenheimer, who currently has a net worth of $8.4 billion as of the time of writing this report. He owns at least 720 square miles of conservation land across South Africa, Botswana and Zimbabwe. Was all that deserved? "Investment bankers from New York always got confused: 'Where? Sep 1994 - Jun 201823 years 10 months. The disadvantage is that REITs must pay out 90 percent of profits to shareholders. The company suffered when interest rates rose in 1994. Val Diker Dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October 2018 and released after nine days. Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. David Foster He backed several people's Council races. Chavez says. When people start putting "esque" after your name, you've made it. Kate Moss, John Berndt, Chair Kingsley Ben-Adir ("High Fidelity") stars in "Bob Marley: One Love," the musical film produced by the reggae legend's son Ziggy Marley. "The only real estate investment trust that didn't use leverage was Redwood Trust, in California." J. Robert Oppenheimer, known as the "father of the atomic bomb," battled with the invention he helped to develop for the remainder of his life. Paul Peppard E/C Jirby recalls the biggest shock of their marriage came at a party in Southampton, NY when she learned Thornburg could play drums. As Thornburg's businesses flourished, his marriage soured. $$ish He is on the board of the Lensic and the School for Advanced Research. MacArthur donated $7,900 and $10,000 to Richardsons two gubernatorial runs. What Thornburg needs now, Chicaferro says, is time. Because we're not at risk. (The McCune and Thaw foundations come in at $144 million and $52 million, respectively.) He rebounded with a position at what is now the Empire State Development Corporation. Stephen L Feinberg She started playing classical piano at age six via Sid has been in Albuquerque for over 30 years working as a keyboardist, vocalist, audio engineer, Born into a musical family, Albuquerque native Steve Figueroa began playing the drums at age 9. Nicky Oppenheimer net worth: Nicky Oppenheimer's net worth is $8 billion which makes him one of the richest people in South Africa. He also developed a luxury resort called Silversands on the Caribbean island of Grenada. $$ish John H Biggs $$ Although she claimed that her father was a prince and that her mother was related to Queen Victoria, this was untrue. "They don't want us to spend our time fighting with a mortgage company that's already failing over whether it's producing enough jobs," Dwyer says. Hilma Chynoweth* Originally from Myers Godwin joined NDI New Mexico in 2012 and now serves as the organizations Albuquerque Cynthia Delgado, Government & Corporate Relations Director, a position she has held since July Jenn Venegas was born and raised in El Paso, Texas. Cormac McCarthy Jirby and Thornburg had taken out a mortgage to remodel a home Jirby had purchased, where she and Lloyd lived. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. $$ish Not counting slavery, this is a time of unprecedented wealth inequality. This week's cover story made use of numerous public documents and SFR writer Corey Pein created numerous . The bond deal behind it resembles a labyrinth. AFRICAS BILLIONAIRES ARE RICHER than they have been in years. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. Catherine Oppenheimer of Santa Fe is recognized as a major contributor to the arts for her work supporting strong arts education programs in New Mexico. His leadership of global warehouse giant ProLogis suggests a 21st century free marketeer, but hes got a bookish side, as a former St. Johns College board chair and director of Farrar, Straus and Giroux publishing. The company managed mutual funds (and still does$34 billion worth, as of Dec. 31, 2008). According to a 2007 New York Times article, the De Domenicos also hoped to sell a property they purchased in Fiji some 40 years ago at the urging of their friend, actor Raymond Burr; the Times called it a network of lush valleys and hills, with its own waterfall, running streams, sunset views and about six kilometers, or four miles, of beach. Born in Ames, Iowa, Russell grew up with a passion for music, performing and the arts. "Rather than just rolling over and playing dead, the administration could've said, 'There's good points on both sides. "He wasn't a genius because Bernanke set the short-term interest rate at Thornburg's benefit. EEE During their separation, Thornburg paid Jirby $2,500 a month to care for herself and their son. Your email address will not be published. His oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta. A more than 60% surge in the share price of his luxury goods firm Compagnie Financiere Richemont maker of Cartier watches and Montblanc pens pushed his fortune to $11 billion, up from $7.2 billion a year ago, making him the biggest gainer on the list. The company is structured as a Real Estate Investment Trust. The companys six-story, glass-domed Southern Service Center in Charlotte, NC bears his name. Mr. Born in South Africa, Nicky Oppenheimer . Erin Gomez* The CEO of defunct Thornburg Mortgage still earns $188,000 a month, even though his company is bankrupt, according to court documents. Glassman saved special praise for Thornburg Mortgage: "What makes it attractive is its whopping dividend yield, now 10.1 percent"compared to, say, 2.1 percent for Nike today. Girard is president of her family business, Greer Enterprises, the real estate company developing a condo/retail project at the Lensic. Thats a personality profile that leads people to think theyre the master of the universe, Patrick Collins, a retired Wall Streeter who campaigned against Thornburgs new Ridgetop Road headquarters, says. The Great Recession has thrown at least 3,300 Santa Feans out of work since last August. 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South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. Trish Farr* Then the ground moved. While delighting investors, Thornburg angered neighbors. Catherine Oppenheimer co-founded the National Dance Institute of New Mexico in 1994 (NDI-NM) and the New Mexico School for the Arts (NMSA) in 2010. . All of the continents billionaires are men; Isabel dos Santos of Angola fell off the Forbes list in January 2021.
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