A Stanford University professor and acclaimed heart surgeon with at least one patent to his name, Stertzer owns a $6.1 million home in Tesuque; a Cessna aircraft also is registered at his address. The continents billionaires are collectively 15% richer than a year ago, thanks mostly to soaring stocks. Kate Moss, John Berndt, Chair Calling themselves Concerned Citizens of Santa Fe North, Collins and few other well-heeled residents sued to stop the construction of Thornburg's planned headquarters on Ridgetop Road. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a mining services contracting business. Jamai Blivin He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. EIN number 85-0431846.Copyright 2023 | Donor Privacy Policy | Privacy Policy | Photography Credits. EEE "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. In December 1971, still in Jamaica, Thornburg married Inger Jirby, an artist from northern Sweden, who speaks seven languages. $$ He just happened to be in the right place at the right time." Thornburgs new campus on Ridgetop Road was built thanks to property tax breaks for his companies. One case, Slater v. Thornburg, was recently consolidated in federal court. His Thornburg Charitable Foundation has assets of $23 million (and pays $100,000 a year to Executive Director Suzanne Barker Kalangis, wife of Thornburg Mortgage Director Ike Kalangis). "I don't think it ever came up," former County Commissioner Jack Sullivan says. He even once collected unemployment, so perhaps he can relate to his former workers. Her direct responsibilities include serving as the primary external Jesse Martinez was born and raised in Santa Fe, NM and joined the NDI-NM family in 1999 through the In-School program. Kingsley Ben-Adir ("High Fidelity") stars in "Bob Marley: One Love," the musical film produced by the reggae legend's son Ziggy Marley. EEE Curious? $$$ "Everybody's happy and, all of a sudden, here's Thornburg," Patrick Collins says. 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. Katherine "Kitty" Vissering Puening was born in Recklinghausen, Westphalia, Prussia, Germany, on August 8, 1910, the only child of Franz Puening and his wife Kthe Vissering. Akhannouch was appointed prime minister of Morocco in September 2021. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. Abdulsamad Rabiu is the founder of BUA Group, a Nigerian conglomerate active in cement production, sugar refining and real estate. Although Meaghan wasn't in pageants herself, she definitely had friends that competed, and she knew a lot about this world. He felt Richardson wanted his group to back down. South Africa and Egypt each have five billionaires, followed by Nigeria with three and Morocco with two. Help didn't come. In Israel, her family flipped houses and invested in properties. "It sold real well," broker Dan Pike says. The famous actress divorced billionaire CNN founder Ted Turner in 2001. Ultimately, Jirby would keep sale proceeds from the home, the art and physical custody of their son. $ = Loaded "Garrett always, always, always purchased only the best loans. The company jet, part owned by Thornburg personally, is not up for sale. Peter Dwyer, a former Santa Fe city attorney, says industrial revenue bonds are "an inducement to try to get things that are of benefit to the community as a whole." Leann Kravitz The Sanbusco Market Center owner is a Lensic board member; his father founded Schepps Brewing Company in Texas, which, when it was sold in 1997, was that states second largest wine and liquor distributor. "There's nothing we could've done except jawboned if we thought it was a bad idea." James Ortiz* Younger brothers Mohamed and Yasseen are also billionaires and part owners of Mansour Group. Their $906,000 home on Thunderbird Corto is a short drive from the campus, soon to be emptier. Santa Fe Community Foundation President Billie Blair says her organization confronts, on a daily basis, the disparity of people who wonder where there next meal is coming from and people of high net worth. For years, Blair used to take wealthy donors to field trips on the Southside, to elementary day camps, low-income housing developments and taquerias. 3, worth an estimated $8.7 billion. It has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene. Dubins daughter, a People magazine staff writer, was married at Loretto Chapel in 2001. Youssef Mansour is chairman of family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt. In theory, the deal is a wash for the city. Vernon Bud O Hamilton Letters will be edited for space and clarity. Thornburg declined an interview. W/C Sarofim, who has a farm in Tesuque, has funded exhibitions at SITE and made the ARTnews top collectors list. The stock fell rapidly. TEX We are all one community, Blair says. (The stock actually peaked at $32 about a year ago; its now 1 cent.) Through his holding company FinanceCom, he has a stake in the Moroccan arm of French telecom firm Orange. Meanwhile, Thornburg's political allies pushed the project forward. Donations are voluntary. Their money comes from the Texas-based Burnett Oil and ranch empire. The supposed public benefit of the Thornburg campus? In June, Richardson named him a major contributor to the arts. What they mean by that is Thornburg was always very firm on maintaining a high-quality loan portfolio," Chicaferro says. They own a $1 million home on Camino del Monte Sol, though Caseys LinkedIn profile lists his home as greater New York City. Thornburg's empire was built on his grasp of both market trends and government regulations. "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." $ Richardson appointed Frank, a former PricewaterhouseCoopers senior partner who lives in Tesuque, to the State Investment Council this year. But theres another side to the strange economic mix that is Santa Fe. Theres a point, here. He still owns part of the company jet. Rabiu, the son of a businessman, inherited land from his father. Lawrence J Burke Redwood Trust lost $444 million last year, but remains in business. 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. Michiel Le Roux of South Africa founded Capitec Bank in 2001 and owns about an 11% stake. . (It helps to have favorable tax laws. Yet Thornburg's counsel estimated on paper the deal would save his companies $397,000 a year in property taxes, because Thornburg doesn't technically own the property. But Garrett Thornburg will be OK. She has served on many community boards and chaired several of David is an economic development activist & professional photographer currently involved in a variety of projects that focus on community empowerment. "Since there was no statutory basis for tax relief to a private commercial developer, Mr. Trump offered to sell the hotel for $1 to the Urban Development Corporation [where Thornburg was then chief financial officer] and lease it back for 99 years at a modest rental in lieu of taxes." Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Ms. Fisher provided a broad spectrum of legal services for Presbyterians statewide healthcare delivery system, Presbyterian Health Plan, and the organizations Kelcy Flanagan is the President & CEO of the New Mexico Society of CPAs. Carol Cochran We have estimated Katherine Oppenheimer's net worth , money, salary, income, and assets. He also developed a luxury resort called Silversands on the Caribbean island of Grenada. Chicaferro retired in 2006, selling his stock before the crash. And fine mortgage securities made up of our fine mortgages were rated AAA," Thornburg told investors last year. Originally a Lily grew up in Santa Fe. Sarofims daughter Allison reportedly played a centaur in the first Chronicles of Narnia film. The state paid a partial refund of $15,600. When a big fish flops, the ripples go far. There was no internet. We also welcome you to follow SFR on social media (on Facebook, Instagram and Twitter) and comment there. FinanceCom is part of a project to develop a multibillion-dollar tech city in Tangiers that is expected to host 200 Chinese companies. Over the years, his company, The Opppeneim Group, has closed more than $1 billion in sales over the years and has over $100 million in active listings. Ocean Munds-Dry is Managing Counsel for ConocoPhillips where she advises the company on New Mexico legal and regulatory matters. The CEO of defunct Thornburg Mortgage still earns $188,000 a month, even though his company is bankrupt, according to court documents. EEE We then used the public database site, Socrata, to create five searchable online databases of this information. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. As Thornburg's businesses flourished, his marriage soured. KEY TO SYMBOLS Back in 1985, he sued a local contractor over the 14,000-square-foot indoor horse-riding arena hed built on his property; the contractors estimate was $321,000, but it ended up costing twice as much. Mr. Paul Cassidy recently retired as Managing Director, U.S. Municipal Finance, New Mexico Region with RBC Capital Markets after 24 years. Not to be confused with the other Bill Miller (see William A Miller). It was "the single worst investment of my career," Rainwater told BusinessWeek last year. The 12 wealthiest people on the planet grew $36 . Santa Fe, New Mexico, United States. He also was a director of CompUSA. That's unlikely, with Thornburg Mortgage now bankrupt. She graduated Magna Cum Laude with a Bachelors Jennifer has an MFA in Creative Writing, and MA in English from University of New Mexico, and more Marrying art and business, Laurie has worked as an award-winning designer for 25+ years supporting Christine Castrohas more than 25 years of experience leading communications and public Feliciana Warren, Development Associate, a position she has held since August 2019. The corporate culture was "vicious," Zarin recalls. Last month, Richardson named Thornburg to a commission to save the bankrupt College of Santa Fe. He owns 85% of publicly-traded Dangote Cement through a holding company. When people start putting "esque" after your name, you've made it. Thornburg didn't leave. Thornburg often said that 97 percent of his business was out of state. Thornburg Mortgage was not a "retail" operation like, say, Countrywide, the most infamous of subprime mortgage lenders. In a 1999 article about Gilberts new Santa Fe-based property company, BGK Equities, Forbes described him as a two-time securities convict who once fled to Brazil to escape lenders worth more than $100 million, with a 3-acre Santa Fe estate [where] 10-foot electric gates open onto a broad, crushed-stone dooryard. Now a director at Huntsman chemicals corporation, Reaud is known throughout the legal community as a champion of working men and womenat least according to his bio by the Beaumont Foundation, for which he serves as a board member. The companys six-story, glass-domed Southern Service Center in Charlotte, NC bears his name. Supposedly, it would attract new businesses. Paul Cassidy That was always the mantra from day one until the day I left," Chicaferro says. Does the city have recourse? Charities honored him as a "treasured citizen." EIN number 85-0431846. Paul Allen The city then uses the rent money to pay down a $45 million, tax-exempt bond it sold directly to Thornburg at 15 percent interest. The grandson of mining entrepreneur, financier, and Anglo-American founder Ernest Oppenheimer, Oppenheimer joined Anglo American in 1968, serving as its director and deputy chairman until his resignation in 2011. Waxman, 68, founded Psilos Group Managers, a venture capital fund that specializes in health care technologies. Paul Peppard His career began as an education policy analyst. 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. She never remarried. Documents show Thornburg paid $11,000 in state and local income taxes in 1985. 30 Apr 2023 21:08:34 He also owns Santa Fes 16th most valuable home, a $6.6 million residence on Circle Drive. EEE He heads Miller Strategic Consulting, a locally based venture capital firm, and serves on the boards of Hitachi Medical Systems, the biometrics company Lumidigm and SITE Santa Fe. "New Mexico is very perfect for me," Jirby says. EEE Peggy Hubbard She has been with Ms. DiPaolo Love moved to Santa Fe with her husband, Steve and their daughter, Olivia in 1994 from New York City where she had a successful career as an actress and spokeswoman in TV commercials and voice-overs. Critics were a minority. In the past two years, Thornburg lost a lot of moneybut he's probably still far beyond the $36 million net worth Crosswinds estimated in 1996. She now runs a gallery in Taos. In 2001 he purchased the Palomino Club, a popular strip joint in northern Las Vegas, Nev. She received her Sage is a life-long learner and lover of music. By 2004, the adopted Santa Fean was lionized as an odd Western wizard. Instead of taxes, Thornburg agreed to pay the city a flat sum of $25,000 a year. Instead of just buying loans, the company would make them, too. The company managed mutual funds (and still does $34 billion worth, as of Dec. 31, 2008). Brian Montgomery* John H Biggs Truth is, any time you see a richest list, whether its in Forbes or Fortune or the defunct Crosswinds weeklywhich published a New Mexicos-richest list in 1996the methodology behind it is at best educated guesswork. $$$ To market those funds, he founded Thornburg Securities. In any case, the question might be of hardly an issue. She served as Chair, Trustee and Governor of The Childrens Miracle Hospitals Board (Salt Lake City, Utah) which is a Foundation that raises Diane Fisher served as Senior Vice President and General Counsel for Presbyterian Healthcare Services. He oversees the consumer goods division, which includes supermarket chain Metro, and sole distribution rights for LOreal in Egypt. An REIT, unlike a regular company, is exempt from corporate income taxes. Other local institutions rallied for Thornburg. $$$ He and his son retained a 96% stake in the company. Nicky Oppenheimer net worth: Nicky Oppenheimer's net worth is $8 billion which makes him one of the richest people in South Africa. He danced with Kimura is a pianist internationally active in both classical and popular styles. Before moving to Catherine's current city of Santa Fe, NM, Catherine lived in New York NY. Washington Post financial columnist James K Glassman began a column with a friend's advice to "Find Garrett ThornburgThis guy has the best financial mind in America." Simon H Stertzer In the 1980s, Albin worked in the oil and gas division of monster investment bank Goldman Sachs. But several professional fundraisers told us our method was more exhaustive, if less personal, than their own means of sniffing out deep pockets. Its unclear whether he owns property here. In public schools throughout the state, our expert instructors lead programs that are character-building and use dance to teach an important life lesson: that working hard, doing your best, never giving up, and living a healthy life equals success. MacArthur, 76, founded and still heads Dynamac, a government contractor with lucrative deals, including a $120 million support contract at NASAs Kennedy Space Center. He owns at least 720 square miles of conservation land across South Africa, Botswana, Zimbabwe,. She also talks about landing Catherine Zeta Jones, the show's upcoming storylines, and the prospects of a second season on Facebook Watch. There are two Paul De Domenicos in Santa Fe; the son is 47, the father 75. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights. Net Worth (GBP) Change Net Worth (ZAR) 23: Nicky Oppenheimer and Family: Diamonds and Mining: 5.537 billion +3 million: R92.35 billion: 31: Nathan Kirsh: Cash and carry, Property, Investment . "And basically, the only ones that really survived this were if you were a bank and had access to the federal funding." Gilbert is 86. Thornburg got a better deal than any ordinary homebuyer would be able to negotiate. in Dance from Illinois State University and has served on the dance faculties Cyann grew up dancing in Carlsbad, New Mexico starting at the age of 5. We haven't put out any money," City Attorney Frank Katz, who signed off on the bond, says. Andrew & Sydney Davis King is the co-owner of MillerStrategic Consulting, LLC (MSC), a . Robin Martin All credit ratings became suspect. Get this delivered to your inbox, and more info about about our products and services. He graduated Harvard Business Schoolthe tycoons' training groundin 1970. History reports that she died in her home in Old Saybrook, Connecticut, from natural causes. Strive Masiyiwa overcame protracted government opposition to launch mobile phone network Econet Wireless Zimbabwe in his country of birth in 1998. The second time is now. Subsequent to the economic crash, AIG has received a total of $182.5 billion in federal aid, according to the Government Accountability Office. $ And the skills NDI New Mexico teaches are exactly what our staffing team looks for in potential employees. Jason and Brett are often seen with their realtors towering over them, resulting in many fans wondering how tall the twins are. E/C His holdings include stakes in cement giant Lafarge Holcim and Adidas; he sits on the supervisory board of Adidas. Bill Richardson appointed Feinberg to the State Investment Council this year. Not Thornburg. Laurie Overton*, Laura Brunik, Chair* We also welcome you to follow SFR on social media (on Facebook, Instagram and Twitter) and comment there. In 2007, the suit says, Thornburg Mortgage employees earned $26.1 million in base compensation, plus $23.1 million in performance bonuses. Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. Jumping into the No. Among other things, the Waxmans complained that the [outdoor furniture] fabric and fringe delivered were never approved [and] the fabric color did not match the pillows, and there were color samples of the [family room] rug that did not match the family room sofa. When they sued, the Waxmans had already forked over $506,000 in advance payments to the decorators; thats 12 times their annual property tax bill. He has been in the USA for over 20 years, 10 of those being in Albuquerque. Garrett Thornburg was born in January, 1946. Peter Frank All of the continents billionaires are men; Isabel dos Santos of Angola fell off the Forbes list in January 2021. In 2003, a large landowner, Santa Fe Estates, announced plans to sell hilltop property to Thornburg. TEX "There is no conflict of interest. W/C But it is worth studying because Harold Garrett Thornburg Jr. is more than a man of his time. NM since 1994, except for a five-year detour to Fort Worth Texas where she was the Executive Director. At Bear Stearns, Thornburg told interviewers, he developed expertise in using public "industrial revenue bonds" to benefit private developers. He is on the board of the Lensic and the School for Advanced Research. The Davises make their money managing other peoples, through their mutual funds; its a successful family business going back a couple of generations to New York. Katz's predecessor, Dwyer, says the public doesn't care. Although she claimed that her father was a prince and that her mother was related to Queen Victoria, this was untrue. Aliko Dangote, Africas richest person, founded and chairs Dangote Cement, the continents largest cement producer. Reaud owns the only Gulfstream IV, a 19-passenger business jet that costs roughly $20 million, registered in Santa Fe County. $$$ He failed. The Great Recession has thrown at least 3,300 Santa Feans out of work since last August. "We like to keep our name out of the press," Investor Relations Director Mike McMahon says. Born in South Africa, Nicky Oppenheimer . Larry Goldstone "We got hit over the head with a 2-by-4 twice, and even a donkey could learn by getting hit twice with a 2-by-4," Thornburg told Mortgage Banking magazine in 2003. Cormac McCarthy Assessed at nearly $16 She received her Bachelors of Business Administration, Cum Laude, from Florida International University. Diane Doniger Martins father, the late Robert McKinney, made Crosswinds list. in Dance Summa Cum Laude at The Boston Conservatory at Berklee, Savanna teaches dance fitness classes all around Santa Fe, participated in NDI programs in her Born in Campinas, Brazil, Simone di Pietro began dancing at age of 10. Jeff Bingaman, Chris Dodd and for Rep. Barney Frank, among others. Bill & Nancy Zeckendorf She worked in the US House of Representatives and US Senate before John and his wife Jean have been part-time residents of Santa Fe since 2001, and currently divide their time between their Santa Fe and Scottsdale, Arizona homes. When most people buy a home or office building, they pay annual property taxes. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights. His brother Nassef is also a billionaire. $$ish Tracking the performance of complex, constantly changing private investment portfolios, combined with the fluctuating value of land and property, is another. Diane Doniger Thornburgs finances are Santa Fes problem. Maybe as smart as Yale economist Robert Schiller, who predicted such a crash in 2005. Albin also owns a 2006 Cessna Citation business jet. Miles Wolf* $$ish Oppenheimer Asset Management works with a variety of client types. A big-time state contractor, homebuilder, landowner and Richardson campaign donor, Otero has one of the few Hispanic names on our list. Even at Santa Fes vaunted living wage, a person would have to save every penny for 125 years to even put the traditional 20 percent down payment on financier Jeffrey Epsteins Santa Fe ranch. She is from Michigan, and spent four years Maureen (Mo) Gorman was raised in Albuquerque but spent the last 9 years in Rochester, New York. Ariana grew up in Santa Fe and danced with Aspen Santa Fe Ballet, Charisma, Cathy Roe, and Wendy has been working as a teacher for NDI New Mexico for over 15 years at The Hiland, The Dance Lorem ipsum dolor sit amet, consectetur adipiscing elit. "Garrett is the smartest man I've ever met. Dentist Peppard, 75, owns the Cottonwood Village mobile home park, assessed as the eighth most valuable property in Santa Fe. Linda Love $$$ She was mentored by Elliot joined NDI New Mexico in 2015 as a Musician in the In-School Program. The quasi-public sector launched Thornburg to Bear Stearns, the recently deceased investment bank. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. He grew up in tiny Lakefield, Minn., where his father was a livestock broker; a 1949 edition of the Lakefield Standard records Thornburg Sheep Co. purchasing a prize lamb for $1.10 a pound. Today Albin, 50, is a director of several energy companies, including NGP Capital Resources, and has a $2 million home in Las Campanas with his wife, Pamela. He inaugurated in 2014 a $500 million plan to build the 55-story Mohammed VI Tower in Rabat. With $222 million in assets, it is Santa Fes biggest by far. "A bankruptcy would do that. Jess Sanchez, Co-Chair* It hurts to have 130 people lose well-paying, financial-sector jobs. The company suffered when interest rates rose in 1994. Get the best of Forbes Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. She started her working life with what was then Albuquerque National Bank and left to work with her father at Rust Tractor Co. until the dealership sold in 2002. 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. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. The bankruptcy also raises questions. Life was good. 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. Sandy Seligman, Leslie Nathanson-Juris, Chair Next to that nonprofit fortune, Lannans $729,000 home on Camino Militar looks relatively modest. City Housing and Community Development Division Director Kathy McCormick agrees. Nicky Oppenheimer - Net Worth: $7.3 Billion South Africa's richest man is Nicky Oppenheimer. "It wasn't all that hard. Katie Thompson For over 45 years, his impact has been profound Jamai is Founder and CEO Emeritus of Innovate+Educate, a non-profit she started in 2008 with a vision for an industry-led board focused on education and workforce strategies to address the significant gaps between supply/demand in both education and workforce. Catherine Oppenheimer net worth is $8 Million Catherine Oppenheimer Wiki: Salary, Married, Wedding, Spouse, Family Catherine Oppenheimer is an actress, known for Sing (1989).
13 mai 2023