In his experience, he has assisted PIs from a number of different departments and backgrounds with submitting and managing grant and contracts with a number of foundations and federal agencies including the NIH, DoD, DARPA, But this in many ways ordinary guy is an extraordinary businessman, as we learned when we went hunting for the elusive", "Land Report 100 Largest Landowners In The U.S.", "Anschutz Group Wins Recognition for Support Award Celebrates Valley of Chiefs Work", "Anschutz not named in lawsuit No indication action is pending", "Anschutz Says Luring NFL Team Is Priority After Ending AEG Sale", "50 Most Influential: 2-10 - SportsBusiness Daily | SportsBusiness Journal | SportsBusiness Daily Global", http://www.sportsbusinessdaily.com/Journal/Issues/2006/06/20060605/SBJ-In-Depth/Soccers-Visionary-Phil-Anschutz.aspx, http://m.sportsbusinessdaily.com/Journal/Issues/2006/06/20060605/SBJ-In-Depth/The-20-Most-Influential-People-In-Soccer.aspx, "How Philip Anschutz Made Billions Seeing What Others Missed", http://www.dynamotheory.com/2011/11/10/2551015/the-two-sides-of-phillip-anschutz-houston-dynamo-la-galaxy-mls-cup-2011, "Anschutz saved MLS from extinction | TropiGol Sports", "Anschutz's Clarity Media launches Sunday papers in 3 cities", "The Weekly Standards War: Murdoch sells the magazine that sold the Iraq invasion", "Power Company of Wyoming: Chokecherry and Sierra Madre Wind Energy Project", "Business Entity Detail - Wyoming Secretary of State", "BLM. On December 14, 2018, Anschultz executed the closure of The Weekly Standard and fired all its employees. Through ASM Global (formerly AEG), he owns stakes in venues including Crypto.com Arena and O2 Arena. Prior to CU Innovations, David Westin speaks with top names in finance about the week's biggest issues on Wall Street. He is the majority owner of the NHL's Los Angeles Kings,. Finally, in November 1995 Union Pacific filed an application with the ICC to acquire Southern Pacific. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Anschutz purchased cattle ranches, uranium and coal mines, and wheat and vegetable farms, and launched a New York-based commodity trading company specializing in oil and metals. How Scott Boras Used Baseballs No-Shift Rule To Get Pay Raises For Underachieving Clients, Manchester City Ready To Sell Bernardo Silva To FC Barcelona And Name Asking Price - Reports, FC Barcelona And Real Madrid Presidents Met To Discuss European Super League Strategy Before El Clasico - Reports, Philips Sunrise Alarm Clock Made Me A Morning PersonAnd Its 44% Off Today, Philips Unveils New TV Range - Including Micro Lens Array OLEDs And More Affordable MiniLEDs, Philips SatinShave Prestige Review: The Best Electric Razor For Women. The following year Qwest battled for control of local telephone provider U S West Inc., one of the original Baby Bells, with another upstart telecommunications company, Global Crossing Ltd. Qwest eventually won the battle, acquiring U S West for about $43.5 billion in stock in 2000. Santa Fe Industries Inc. had purchased Southern Pacific in 1983 with the intention of merging SP with the Atchison, Topeka & Santa Fe Railway (known as the Santa Fe), one of SP's main competitors. They have also donated to the University of Kansas, their alma mater. Anschutz grew up in Russell, as did Bob Dole. [61] Anschutz has run 15 marathons. Anschutz Company operates as a holding company. The Lakers, the Kings, and another NBA team, the Los Angeles Clippers, began playing in what became the $400 million, 20,000-seat Staples Center in the fall of 1999. Anschutz was inducted into the Kansas Business Hall of Fame in 2000[58] and the U.S. Business Hall of Fame in 2002. During Kimberlys Used by Finally, we can read about how these great companies came about with Company Histories.. Colorado Womens Bar Association. Amoco attempted to buy Anschutz's mineral rights but he refused. Londons Investment Appeal Is Unraveling as Arm Heads to the US, UN report: Modern weapons being smuggled to Haiti from US, British Parents Turn to Home Equity to Help Young Buy Property, Sorry, Fed, Most US Mortgage Rates Were Locked in During Pandemic Lows, Fed Says MoreRate Hikes Are Needed to Curb Inflation, Panic Over Metals for EVs Goes All the Way to Automakers C-Suites, China E-Commerce Giant JD Set for $1.4 Billion Discount Spree, OpenAI Rival Stable Diffusion Maker Seeks to Raise Funds at $4 Billion Valuation, In Blacklisting Inspur, US Targets Partner Used by Intel and IBM, Your Saturday UK Briefing: Sunak Chalks Up a Win as the Budget Looms, China to Boost Defense Budget; EV Chiefs Give Advice: NPC Update, Harrods Shrugs Off Recession Fears as Rich Get Richer, FT Says, Wealthy NYC Family Feuds Over $258 Million Madison Avenue Sale, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61, The Exhibit Reality TV Show PittingArtist Against ArtistIs No Masterpiece, Matt HancockWhatsApp LeakExposes theNeed for Covid Justice, Brexit Might Have Been Prevented With Deals Like This, Video Roundup: Opinions Must-See Footage of the Week, YellowstoneBackers Wanted to Cash OutThen the Streaming Bubble Burst, How Countries Leading on Early Years of Child Care Get It Right, Female Execs Are Exhausted, Frustrated and Heading for the Exits, No Major Offer Expected on Childcare in UK Budget, Biden Gives Medal of Honor to Trailblazing Special Forces Member, Climate Change Is Launching a MutantSeed Space Race, UK Braces for Rare Weather Event That Risks Late-Winter Freeze, What Do You Want to See in a Covid Memorial? the Head of Patent Development for Intellectual Ventures Invention Development and resided in Asia. Tulsa. Customer inquiries are best handled by calling 800-647-7261. She is thrilled to bring her skills to the CU Innovations team. ", "Coachella owner personally gave $187,300 to Republican candidates and Super PACs in 2017", https://s3.documentcloud.org/documents/3517036/Anschutz-recommends-Gorsuch.pdf, "Colorado trio eyed for U.S. appeals bench", "Anschutz Library celebrates 25th anniversary | Libraries", "AEG Chairman Phil Anschutz Donates $1 Million to Elton John AIDS Foundation", "BUSINESS PEOPLE BUSINESS PEOPLE Anschutz Founder Shuns Limelight", "New owner is reclusive, a conservative Christian", "Contemporary Honors Award Recipient 2000 - School of Business | Emporia State University", "Junior Achievement U.S. Business Hall of Fame", MLS founders reflect on 20 years of Major League Soccer, "Bloomberg Billionaires Index - Phil Anschutz", "Golden Plate Awardees of the American Academy of Achievement", "Philip Anschutz, Chairman and CEO, The Anschutz Corporation, Denver, CO", Horatio Alger Association of Distinguished Americans, https://en.wikipedia.org/w/index.php?title=Philip_Anschutz&oldid=1136023653, 2017 - Native Sons and Daughters of Kansas "Kansan of the Year", This page was last edited on 28 January 2023, at 08:11. Beginning in 1987, the railroad operated a sleepy subsidiary called SP Telecommunications Company, which installed fiber-optic cable along its tracks for the use of the railroad and for telephone companies. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. Get Contact Info for All Departments The Anschutz Corporation Org Chart Dan Eppich to Colorado, he worked in higher education administration and grant management within the Department of Electrical and Computer Engineering at North Carolina State University in Raleigh, North Carolina. [1] The company was started in 1958 by Fred Anschutz, a wildcatter, who developed and operated oil wells. Heather Callahan joined CU Innovations at Anschutz Medical Center in 2017 focused on strategically managing and operationalizing the therapeutic portfolio. Pricing; API; . Akebono Brake Corporation (Elizabethtown) <ABC> (North American Co-head Office, sales and marketing) 300 Ring Road, Elizabethtown, KY 42701, U.S.A. Tel: +1 270-234-5500 New York. The Anschutz Corporation's activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. in pharmaceutics from Long Island University, an M.S. Philip Anschutz (center), chairman and CEO of the Anschutz Corp., receives the ALIS Lifetime Achievement Award during the opening sessions of the Americas Lodging Investment Summit. Editor in Chief Stephen Hayes had initially been cleared to find a buyer but after a venture capital firm agreed to broker any future deal, Anschutz withdrew permission and decided to effectively kill the company in order to harvest its subscribers. Before her legal career, she was a Research Scientist in infectious disease leading teams focused on mechanisms of drug resistance and drug discovery at the Walter Reed Army Institute of Research Javascript is disabled in your web browser. [59], Anschutz has granted only three formal interviews since 1979, and none from the 1980s until 2015. free lookups / month. UP suffered from highly publicized difficulties integrating SP, resulting in massive gridlock in the summer of 1997 and extending into 1998; it was estimated that by March 1998 delays in UP shipments had cost rail customers about $1 billion in curtailed production, reduced sales, and higher shipping costs. As William P. Barrett noted in Forbes, 'Beyond the original cash stake in the Rio Grande, Anschutz put not a penny more into the deal,' thereby making him the first individual to own a major railroad in decades. Mid-1990s and Beyond: Exit Railroads, Enter Qwest and Sports, Reenter Oil. Oklahoma. The Anschutz Corporations activity and investments in the energy field reflect a strong commitment to responsibly developing and managing natural resources. Closing was expected in October 2011. The Anschutz Corporation also owns Ken Ehrlich Productions and the Clarity Media Group, the parent company of The Gazette, a newspaper in Colorado Springs and Washington Examiner, a conservative news website and weekly magazine.[5]. But in 1993, SP slid back to a loss of $149 million. The Anschutz Corporation and its affiliates, including Anschutz Company and Anschutz Investment Company, are the investment vehicles for the diversified interests of Philip F. Anschutz. While his ventures into telecommunications and sports grabbed most of the headlines in the second half of the 1990s, behind the scenes, Anschutz became increasingly active in the industry in which he made his first fortune, petroleum. These and other deals diluted Anschutz's stake in Qwest by mid-2000 to about 38 percent, which still translated into about $12 billion. Get in touch with our corporate office or reach out to our national parks, make reservations, or tell us about your stay. Before the merger, he was a director of Southern Pacific from June 1988 to September 1996, and non-executive chairman of Southern Pacific from 1993 to September 1996. [54], Anschutz prefers to stay out of the limelight. Proceeds benefit the National Western Scholarship Trust. [23] Anschutz also advocated for MLS's creation of Soccer United Marketing, the league's sales and marketing arm. Anschutz invested in both the Oil & Gas Asset Clearinghouse, an auction company designed for the oil & gas business, and NRC Broadcasting, which owns a string of radio stations in Colorado. Photo by Jamel Toppin/The Forbes Collection. Print or download. Sep 16, 2011 Updated Aug 31, 2020. Sign up! To reduce the debt load, Anschutz sold large portions of Southern Pacific's vast real estate holdings, more than $1 billion worth by the end of 1991 and nearly $400 million in 1992 alone. 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. In 2000 the company agreed to acquire a Miami, Florida-based exploration and production firm called Forcenergy Inc., which Anschutz had gained control of after it went into bankruptcy. Effective August 1, 2010, Xanterra Parks and Resorts purchased and assumed management of Kingsmill Resort. He was also the co-founder and Chief Moyers had retired after a very successful four-year stint at Illinois Central, where he cut its operating ratio (operating expenses as a percentage of revenues) from 98 percent to 71 percent. Prior to joining CU Anschutz, she managed funding and entrepreneurship programs in Science Foundation Ireland, the Irish government science funding agency. [56][8][57] He and his wife Nancy, whom he met when he was 16, have three children. It was also speculated that Anschutz envisioned synergies between Qwest and his sports activities, specifically the possibility of using the high-tech electronics that were installed in the Staples Center to transmit high-definition images of sporting events over the Qwest network to television sets and computers. Construction is expected to start in 2013, and cost an estimated $4 billion-$6 billion. 6312 Fiddlers Green Circle | Suite 600 North Greenwood Village, Colorado 80111 | 303-600-3400. Now's your chance to pick it up for nearly half off. Raja received a B.S. In 1998 the company became the number four long distance company in the United States through a $4.4 billion stock-swap purchase of LCI International. Manchester City are now ready to sell Bernardo Silva to FC Barcelona and have named their asking price for the Portuguese midfielder, according to reports. (303) 304-9967 |michael.mcgarry@cuanschutz.edu. Site map Terms of Use Privacy Policy, Background information and answers to various local inquiries and issues, Learn about responsible energy development, Get the latest information about the project, Project contact information for the community, media and suppliers, BLM site: Chokecherry/Sierra Madre project, USFWS CCSM Project environmental analysis, American Clean Power Association news and resources, Roxane Perruso, Executive Vice President and COO, Kelly Cummins, Vice President, Land and Environmental Affairs, Lisa Christian, Vice President and General Counsel, Ryan Jacobson, Vice President, Engineering and Construction, Kara Choquette, Director, Communications and Government Relations, David Fuller, Director, Business Development, Industry-leading consultants and advisors. We are the resource for biomedical technology commercialization for both the University of Colorado Anschutz Medical Campus and Denver Campus. In 1961, he bought out his father's oil drilling company, Circle A Drilling, and earned large returns in Wyoming. He started testing his business acumen early: a six-year-old Anschutz sold Kool-Aid on a nearby college campus using a wheeled stand he built. In 2009, Anschutz purchased the conservative American opinion magazine The Weekly Standard from Rupert Murdoch's News Corporation. About Philip Anschutz Over five decades, Philip Anschutz has built fortunes in oil, railroads, telecom, real estate and entertainment. [48][49], Anschutz is an active philanthropist. Kimberly joined the University of Colorado from Yale University where she was formerly the Deputy Director of the Yale Entrepreneurial Institute (YEI), and managed New Ventures in the Office of Cooperative Research. He expanded his investments to sports and entertainment companies, co-founding the American association football/soccer league Major League Soccer as well as multiple soccer teams, including the Los Angeles Galaxy, Chicago Fire, Colorado Rapids, Houston Dynamo, San Jose Earthquakes, and the New York/New Jersey MetroStars. (303) 724 - 9543 |joleen.bohnen@cuanschutz.edu, (303) 724-7236 | don.morie@cuanschutz.edu. Jordan Ross serves as Research Counsel at the University of Colorado Denver Anschutz Medical Campus working primarily with the CU Innovations team on protecting the Universitys intellectual property. Her career at Anschutz began in 2013, when she began working for the Gates Center A marathon runner, Anschutz has built his $16-billion-plus fortune through tenacity, savvy dealmaking, strategic timing, and a knack for spotting trends. The Anschutz Corporation Address: 555 17th Street, Suite 2400 Denver, Colorado 80202 U.S.A. Telephone: (303) 298-1000 Fax: (303) 298-8881 Statistics: Private Company Incorporated: 1958 NAIC: 551112 Offices of Other Holding Companies Key Dates: 1958: The Anschutz Corporation is founded by Fred Anschutz, an oil wildcatter. Anschutz graduated from Wichita High School East in 1957, and in 1961 earned a bachelor's degree in business from the University of Kansas, where he was a member of the Sigma Chi Fraternity.[8]. Anschutz spotted a huge opportunity here, anticipating that the deregulation would inevitably lead to consolidation and the possibility of profiting from dealmaking. [26][27] MLS Commissioner Don Garber stated in 2006 that "without Phil Anschutz, there's no MLS today."[23]. from the Medical University of South Carolina and a B.A. The following year the partners purchased a 25 percent stake in the Los Angeles Lakers, one of the premier teams of the National Basketball Association. What was next for this seemingly modern-day Midas? This site works best when Javascript is enabled. Anschutz parlayed his oil and gas wealth into the stock market, downtown real estate (primarily in Denver), and, ultimately, the railroad industry. It was possible that a similar motive was behind a report in the Wall Street Journal in June 2000 that Anschutz, along with a partner, was launching a film production company. Enter employee name to find & verify emails, phones, social links, etc. In 1970, Anschutz bought the 250,000-acre (1,000km) Baughman Farms, one of the country's largest farming corporations, in Liberal, Kansas, for $10 million. Jul 2020 - Present2 years 8 months. in Biology from Tufts University. 2023 Forbes Media LLC. Alabama. Don holds a Master of Business Administration (MBA) completed in 2021, a Master of Divinity (MDiv) completed in 2015, and a Bachelor of Science in International Business and Language (BSIBL) completed in 2009 through the University of [25] He owns a stake in the Dignity Health Sports Park, the stadium for the MLS team LA Galaxy and former MLS team Chivas USA. [12], In May 2003, New York Attorney General Eliot Spitzer reached a settlement with Anschutz after filing a civil complaint accusing Anschutz of accepting IPO shares from Salomon Smith Barney in exchange for Qwest's investment banking business. Anschutz retained an 84 percent stake in Qwest, whose stock soared from $22 per share at offering to more than $50 by the end of 1997. Prior The The Anschutz Corporation management team includes Dan Eppich (Chief Information Officer (CIO)), Matt Anctil (Vice-President, Enterprise Leader), and Angela McLean (Vice President - Business Services) . The following year, he acquired 9 million acres (36,000km) along the Utah-Wyoming border. Here's everything you need to know. [35][36] According to the Bureau of Land Management, which on July 2, 2012, announced the completion of the project's final Environmental Impact Statement, "Chokecherry and Sierra Madre are two distinct sites approximately five miles apart which are both being analyzed together. SB Nation, The Two Sides of Phillip Anschutz: An American Soccer Savior With a Disturbing Social Agenda, November 10, 2011. brand messaging. " * " indicates required fields. [44][45][46] Anschutz contributed $1 million to conservatives during the 2016 U.S. elections, and $200,000 to Republican politicians and political action committees during the 2017 elections. The Random Acts of Kindness Foundation may also be known as or be related to Anschutz Corp The, The Anschutz, The Anschutz Corporation and The Random Acts of Kindness Foundation. Similar to many other takeovers of the 1980s, Anschutz engineered a highly leveraged purchase in which Rio Grande Industries paid Santa Fe Industries just over $1 billion in cash, most of it borrowed, for SP, assuming more than $700 million in SP debt. Richard joined the Office of University Counsel in 2022 with a primary focus on supporting CU Innovations in the commercialization of innovative technologies. Angie strives to incorporate current design trends and develop strategic marketing materials to accurately convey targeted Doreen holds a Master of Science from the Colorado School of Mines in Applied Chemistry and a Bachelor of Arts from the University of Colorado in Biochemistry. In 2021, Forbes ranked him the 66th richest person in the United States, with an estimated net worth of $10.1 billion.[1]. Mikes responsibilities include the formation and management in chemical engineering from Cornell University, an M.S. Mike was at Genentech for 11 years where he led sales and marketing teams, driving the adoption of precision medicines and immunotherapies in oncology. development and external innovation partnership opportunities with our healthcare system partners. All rights reserved. [10][11], Anschutz then moved into railroads and telecommunications before venturing into the entertainment industry. With 20+ years of experience in art direction and advertising for a wide range With the Internet beginning its explosive late 1990s growth, telecommunications companies were clamoring for additional capacity. (303) 724 - 0220 |heather.callahan@cuanschutz.edu. He has aBachelor of Psychology from Texas Tech University, (303) 724 - 3720 |lindley.pagels@cuanschutz.edu, Correspondence, scheduling, and directions, (303) 724 - 3720 |angie.hegel@cuanschutz.edu. 24387 Halsted Road, Farmington Hills, Michigan 48335, USA. [55] A member of the Evangelical Presbyterian Church, he is a conservative Christian. Ms. Mullers business development responsibilities include investing, company creation, The land came from the recently closed Fitzsimons Army Medical Center, but millions were needed for the construction of new medical laboratory buildings and a new University Hospital on the land. Fashion designer Philipp Plein just dropped a new sneaker collaboration with Snoop Dogg in Los Angeles. We'd love to hear from you! Letter from Bruce F. Black to Harriet E. Meiers, 2006. Moyers also sought to bolster Southern Pacific's equipment through the purchase of new locomotives, the rebuilding of existing locomotives, and better maintenance of both trains and track. Anschutz Barrett Corp. Oil Drilling Be the first to know Get local news delivered to your inbox! You want to own it. Join to connect The Anschutz Corporation. Anschutz owns two five-star resorts, the Broadmoor in Colorado Springs and Sea Island in Georgia. She is a member of the Doyle Inn of Court and the Ashlee Vance explores innovations in new tech, software, engineering, and science in places outside of Silicon Valley. When combined, they comprise the largest commercial wind generation facility proposed in the U.S. and one of the largest in the world." Anschutz has invested in, for example, the Clarity Media Group, a Denver-based publishing group that includes[28] newspapers such as The Oklahoman, the largest newspaper in Oklahoma; The San Francisco Examiner (purchased in 2004, sold in November 2011); The Washington Examiner, a right-wing weekly tabloid that was consolidated from group of D.C.-area suburban dailies; The Baltimore Examiner, which launched in April 2006 and was shut down in early 2009; the now-closed Examiner.com, a hyper-local web portal where contributors wrote on local topics from news to blog-like stories; the conservative Weekly Standard (purchased in 2009);[29] and The Gazette, Colorado's second-largest newspaper, with a daily circulation of 74,172 (purchased on November 30, 2012)[30] (Anschutz has trademarked the name "Examiner" in more than 60 cities.). addStaffNO('Kara','Choquette'), Director of Communications, 303.299.1395. [23] He has since sold his stake in the Chicago, Denver, Houston, New York, San Jose and D.C. MLS teams and now owns only the Galaxy. Get contact details including emails and phone numbers It is the world's largest owner of sports teams and sports events. Gali has a PhD in Biomedical Engineering from Northwestern University, a Bachelors in Materials Science Engineering from Cornell University, and a certificate in Management for Engineers and Scientists from the Kellogg School of Management. Over the next several years, Anschutz's fortunes waxed and waned, and it was during this period that he began to expand outside of the oil industry while continuing to own oil fields in Montana, Texas, Colorado, and Wyoming. [13] Anschutz paid $100,000 to each of 32 New York nonprofit philanthropic groups, as well as $200,000 to each of six law schools. Related by education: University of Kansas. Before relocating to Colorado, Heather was Anschutz also owned 30 acres of land around the arena that he planned to develop into a vast entertainment complex with hotels, restaurants, theaters, and offices. In 1978 Amoco Corporation discovered a huge reservoir of oil and natural gas adjacent to this ranch--what turned out to be one of the largest discoveries since Alaska's Prudhoe Bay. Chad manages our innovations database and conducts analysis for the department. Following these sales, Anschutz owned 41 percent of the shares outstanding. Instead, he expanded his holdings of what became known as the Overthrust Belt, acquiring leases on ten million acres. The Random Acts of Kindness Foundation Leadership, Brownstein Hyatt Farber Schreck Executives, The Random Acts of Kindness Foundation Executives. Anschutz and Comsat (later Ascent Entertainment), then owners of the National Basketball Association's Denver Nuggets and later the owners of the National Hockey League's Colorado Avalanche, developed a proposal for a $130 million sports and entertainment center that would include a new basketball and hockey arena and film and television studios. He invested in stocks, real estate and railroads. She has a Masters in Human has 43 executives and 1 subsidiary. Join to view profile . The Random Acts of Kindness Foundation may also be known as or be related to Anschutz Corp The, The Anschutz, The Anschutz Corporation and The Random Acts of Kindness . The following year, Anschutz was days away from his first day of classes at the prestigious University of Virginia law school, when his father became ill; he returned home to take over the family businesses, including Anschutz Corporation and the oil wildcatting company, Circle A Drilling. Philip Frederick Anschutz ( / nuts / 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. He started modestly, with the 1984 purchase of the Denver & Rio Grande Railroad, commonly known as the Rio Grande, a small railroad that then consisted of more than 3,400 miles of track from Missouri to Utah. In one-on-one interviews, Rubenstein. On September 18, 2012, Anschutz announced he was putting AEG up for sale, but he decided not to accept[20] any of the bids, and on March 14, 2013, took AEG off the market. Through AEG Live, it owns the Coachella Valley Music and Arts Festival. He had now made billion-dollar fortunes in three separate industries: oil, railroads, and telecommunications. [31], It was announced on September 15, 2011, that Anschutz would acquire all assets of the Oklahoma Publishing Company (OPUBCO) from the Gaylord and Dickinson families. Emerging seemingly out of nowhere to replace Southern Pacific as Anschutz's key venture was Qwest, a company whose lineage came straight out of Southern Pacific. The Anschutz Investment Company also purchased LightEdge Solutions in February 2008. [15] The U.S. Securities and Exchange Commission and the U.S. Department of Justice extensively investigated Qwest officials and determined there was no justification for taking action against any board member. [38] He also financed and distributed films with Christian themes for mass audiences (through his two film production companies and ownership of much of the Regal, Edwards and United Artists theater chains) including Amazing Grace and The Chronicles of Narnia: The Lion, the Witch and the Wardrobe. Should You Buy Philip Morris Stock Over Its Sector Peer? His work spans the intersection of internal venture Union Pacific paid $5.4 billion for Southern Pacific, with Anschutz pocketing about $1.4 billion from the sale. I tested eight electric razors for women and found the Philips SatinShave Electric Shaver to have the best combination of features and most efficient battery. No one could say if any of these ventures would turn into another billion-dollar payoff, but after the naysayers were proved very wrong when they had questioned Anschutz's forays into railroads and telecommunications, few people were willing to bet against him. 36. The proposed merger elicited immediate opposition from government officials and Santa Fe's competition, and with the added impetus of pressure from Anschutz, whom Forbes called 'politically influential,' the Interstate Commerce Commission (ICC) in 1987 blocked the Santa Fe-SP merger as anticompetitive. Anschutz contemplated and then abandoned takeovers of two publicly traded companies in the 1980s, ITT and Pennwalt; in the process of buying and selling shares in the companies, he pocketed more than $100 million. The Denver Post summarized the implications for Anschutz: "Not only is Qwest founder and board member Philip Anschutz not a defendant in the long-awaited civil case against the regime of former Qwest chief executive Joe Nacchio, he doesn't even merit a mention in the 50-page complaint.

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