Paul Peppard 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. Ronald N Dubin Thornburg's classmates included George W Bush's treasury secretary, Hank Paulson, who devised last year's $700 billion bank bailout. The couple made ARTnews top collectors list and serve on the board of the Georgia OKeeffe Museum. Mayo King, Co-Chair Leslie Nathanson Juris The company managed mutual funds (and still does $34 billion worth, as of Dec. 31, 2008). She never remarried. Leslie Nathanson Juris In February 2008, the Swiss bank UBS reported an $11.3 billion loss based on US mortgages designated as "Alt-A." But Garrett Thornburg will be OK. Vicki Ellis, a very successful beauty pageant coach, is portrayed in the program by Catherine Zeta-Jones. Not to be confused with the other Bill Miller (see William A Miller). The company sold "super-prime" "jumbo" mortgagesbig houses for rich peoplewhich few New Mexicans could afford. Nevertheless, his dining spots are among Santa Fes most popular, including Blue Corn Caf, La Casa Sena and Rio Chama. NDI New Mexico provides children with the tools and skills they need to succeed. But that near-parity has slipped dramatically in the second half of the year. She was mentored by Elliot joined NDI New Mexico in 2015 as a Musician in the In-School Program. Home base unknown All credit ratings became suspect. However, according to Thornburg's possibly lowballed estimate, the state, the county and the schools are out $368,000 a year. Jane Fonda The corporate culture was "vicious," Zarin recalls. This week's cover story made use of numerous public documents and SFR writer Corey Pein created numerous . EEE Heather Roach*, Linda DiPaolo Love, Co-Chair Akhannouch was appointed prime minister of Morocco in September 2021. Branchs projects include the San Isidro Plazas 1 and 2, as well as the housing developments Cielo Azul and Colores del Sol. Hilma Chynoweth* $ "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. EEE = More local than not Dewji was reportedly kidnapped at gunpoint in Dar es Salaam, Tanzania in October 2018 and released after nine days. "Any way they could find to put a favorable slant on this, they did. "People were getting really pissed off," Collins says. "I would consider both Garrett and Larry Goldstone to be very, very smart guys," Chicaferro says. Let's see what we can negotiate. The process took years and involved thousands of Americans who couldn't afford their home loan payments. According to reports, the brothers both stand at five feet and six inches tall. Instead, he tried to make New Mexico work for him. $$$ The world's 12 wealthiest people got richer by $36 billion in a day - and have now gained $264 billion in net worth this year. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. "The incentive program for the senior officers was based directly on the amount of money returned to shareholders." In December 2020, he acquired a 5% stake in New York-listed firm Madison Square Garden Sports, owner of NBA Nicks and the NHL Rangers teams. TEX However, the firm also works with high-net-worth individuals, pension and profit-sharing plans, charitable organizations, state and municipal governments and businesses. Another lawsuit pins Garrett Thornburg's 2006 compensation (from Thornburg Mortgage alone) at $883,000. 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. 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. 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. Bill Clinton. In March, President Barack Obama singled out AIG for scorn regarding large bonus pay, saying, This is a corporation that finds itself in financial distress due to recklessness and greed. Caseys wife Marian, who serves on SITEs board of directors, donated $750 to Obamas campaign last year. There, Thornburg worked on financing to turn the old Commodore Hotel into the Grand Hyattone of Donald Trump's early real estate splashes. TEX Maybe as smart as Yale economist Robert Schiller, who predicted such a crash in 2005. $$ Those investors claim Thornburg Mortgage disguised its exposure to subprime loans. World's 12 Wealthiest People Got $36 Billion Richer in a Single Day Bloomberg Billionaires Index - Nicky Oppenheimer His mobile phone network, Globacom, is the third largest operator in Nigeria, with 55 million subscribers. Heres this guy, a Harvard Business School alumni: Why in the hell did he come to Santa Fe, New Mexico to start up an investment and real estate company? He felt Richardson wanted his group to back down. In 1997, he bought low-producing gold mine shafts and later turned them profitable. She joined The Oppenheim Group in February 2015, according to her LinkedIn profile and she works with high net worth clients there . He's making loans at 5. Gilbert is 86. Strive Masiyiwa, a citizen of Zimbabwe and a London resident, appears on the list due to his telecom holdings in Africa. 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. Thornburg Investment Management and Thornburg Securities had paid $115,000 in gross receipts taxes over two prior years. Mayo Miller King. Kate Moss, John Berndt, Chair Your email address will not be published. In 2019, Naspers put some assets into two publicly-traded companies, entertainment firm MultiChoice Group and Prosus, which contains the Tencent stake. Jeff Bingaman, Chris Dodd and for Rep. Barney Frank, among others. 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 . Biggs also was a director of aerospace giants Boeing and McDonnell-Douglas and, in the years preceding the Great Recession, of JPMorgan Chase bank. He donates big to Democratic politicians and the Center for Contemporary Arts. Back in Minnesota, Thornburg sold the farm. 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. Jess Sanchez, Co-Chair* NDI-NM is a statewide arts education organization in New Mexico that has introduced thousands of New Mexicos children A resident of New York City, Mrs. Diker is a dancer, mother, philanthropist, author and a graduate of Smith College. She began her early dance training Ms. Lina Ramos a native New Mexican is an arts educator, director, conductor, opera singer and After her professional career with the San Francisco Ballet, Lori taught for many years in Los Melissa is a graduate of New York University/Tisch School of the Arts (MFA in dance) and Smith Rachel Zervakos earned her B.F.A. EEE Richardson spokesman Gilbert Gallegos refused comment "on someone's impression of a private meeting [the governor] may have had." King is the co-owner of MillerStrategic Consulting, LLC (MSC), a . The Cast Of Selling Sunset, Ranked By Net Worth - TheThings EEE Stertzer sold the club. Their family invented Rice-A-Roni. He would also keep his father's gun collection and his interest in Thornburg Sheep Co. back in Minnesota. The wealthy have felt the contraction, too: Yesterdays billionaires are todayshundred millionaires. Chavez says. $$ He is an experienced entrepreneur with a demonstrated history of working in the oil and energy industry and service industry, with emphasis Peggy Hubbard, a retired fundraising professional, is actively serving on the Santa Fe Development Committee at NDI New Mexico and has served as the Chair over the past year. Times may be tough for the newspaper industry, but The Santa Fe New Mexican owner still has the family ranch. METL operates in at least six African countries and has ambitions to expand to several more. Patrick Lannan Jr., 70, heads the foundation his financier father founded in 1960. Lawrence J Burke Nicky Oppenheimer & family - Forbes Bill & Nancy Zeckendorf Unlike many fellow magnates, Thornburg has felt the economy's harsher side. The house was off Old Pecos Trail, at 512 Camino Lejo. $$ When the couple left the West Indies, Thornburg tried his hand at banking in London, then real estate in New York City. But it is worth studying because Harold Garrett Thornburg Jr. is more than a man of his time. He graduated Harvard Business Schoolthe tycoons' training groundin 1970. Of its tens of thousands of clients, most are individuals without a high net worth. Letters (no more than 200 words) should refer to specic articles in the Reporter. Catherine Oppenheimer net worth is $8 Million Catherine Oppenheimer Wiki: Salary, Married, Wedding, Spouse, Family Catherine Oppenheimer is an actress, known for Sing (1989). "We like to keep our name out of the press," Investor Relations Director Mike McMahon says. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a mining services contracting business. Michael Zarin, named a Bear Stearns VP at the same time as Thornburg, remembers him as talented and scrupulous. Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. Bekker, who retired as the CEO of Naspers in March 2014, returned as chairman in April 2015. As the mother of a six year old, she was able to segue Diane currently serves as the chair of NDI New Mexicos Santa Fe Development Committee and member of the Executive Committee. The pair trained as lawyers before they went into the real estate business. But several professional fundraisers told us our method was more exhaustive, if less personal, than their own means of sniffing out deep pockets. HOVER TO REVEAL NET WORTH BY YEAR . 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. Two years ago, he was the chairman of a New York Stock Exchange-listed company. Linda Love Donate today to Friends of the Reporter. Help keep local journalism fighting for you. "The 'genius' element was very simple. Julie Bowdich $1 Million - $5 Million. Katherine Oppenheimer - Wikipedia "It was made financially plausible by a 40-year tax abatement from the citythe first ever granted to a commercial property," The New York Times reported in 1983. Peter Oppenheimer has a net worth of $200 million. He served as chairman of the board of Capitec from 2007 to 2016 and has continued on as a board member. Before moving to Catherine's current city of Santa Fe, NM, Catherine lived in New York NY. Michael Reid*, Sandy Seligman, Chair He is considered one of New Mexicos most committed and humble public servants. Net worths were calculated using stock prices and currency exchange rates from the close of business on Wednesday, January 19, 2022. Where's the Money? | | Santa Fe Reporter He is a man who made his time. Mark Zuckerberg. National Dance Institute of New Mexico is a 501(c)(3) not-for-profit organization and donations are tax-deductible. Her consulting emphasizes the implementation of strategy and the Sandy has lived in Albuquerque since 1968 when she came (on a whim) to attend UNM. 1, we had 1 or 2 percent short-term interest rates. Issad Rebrab is the founder and CEO of Cevital, Algerias biggest privately-held company. Leann Kravitz Sandy Seligman, Leslie Nathanson-Juris, Chair The company managed mutual funds (and still does$34 billion worth, as of Dec. 31, 2008). Amanda Marquez*, Aleem Hasham, Co-Chair William D Sanders Erin Gomez* "I don't think it ever came up," former County Commissioner Jack Sullivan says. In 1982, in a small office on Galisteo Street, Thornburg founded Thornburg Investment Management. Jamai Blivin James Ortiz* Jirby filed for divorce in 1986, citing a "conflict of personalities." Thornburg Mortgage was not a "retail" operation like, say, Countrywide, the most infamous of subprime mortgage lenders. She says it's fair to say that Thornburg bullied the city. At the local level, they fund arts and civic organizationslike the Lensic Performing Arts Center and SITE Santa Fethat make Santa Fe a better place to live, and an arts and culture scene with cachet around the world. This First State Bancorp director also has a successful eponymous gallery. Also on that list was her ex, Egyptian-born super-investor Fayez Sarofim (aka The Sphinx), who gave her $250 million in a 1989 divorce settlement that Forbes called the largest in Texas history. She graduated from Vassar with a BA in psychology and moved to Washington, DC to begin her career on Capitol Hill. He backed several people's Council races. Assessed at nearly $16 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. $$ Tooey Boyden* Learn more about the impact of NDI New Mexico. Counting layoffs is one thing. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. As a consultant to the US Office of Education he Maria Gale is a retired medical social worker and psychotherapist who relocated to New Mexico from the Cleveland, Ohio area in 1995. 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. EEE It was formed in 1998 through a spinoff of assets owned by Rembrandt Group Limited (now Remgro Limited), which his father Anton formed in the 1940s. 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. She claimed Thornburg stopped making the $3,000 monthly mortgage payments and "interfered" in the home sale, thus ensuring foreclosure. 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.