Newspapers called him a genius. Assessed at nearly $16 $$$ The issue was relatively pedestrian: traffic. Diane Doniger (According to Thornburg spokesman Miller, "No one in the family desires to continue in the farming business.") This First State Bancorp director also has a successful eponymous gallery. Patrick Lannan Jr., 70, heads the foundation his financier father founded in 1960. Nicky Oppenheimer Net Worth: 4 Billion - As of April 2012 Source of Wealth: Mining, Diamonds The grandson of the founder of mining behemoth Anglo American, which now owns the world famous De Beers diamond group, Oppenheimer has benefitted from a surge in the company's share price. To report this story, SFR scoured Santa Fe County property records, nonprofit tax returns filed with the Internal Revenue Service, philanthropic donor lists, Securities and Exchange Commission filings, private aircraft registrations with the Federal Aviation Administration, political campaign donors through the Federal Election Commission, court records including divorces and lawsuits, press accounts of luxury homes and art collectors, and straight-up town gossip. Thornburg's classmates included George W Bush's treasury secretary, Hank Paulson, who devised last year's $700 billion bank bailout. Next to that nonprofit fortune, Lannans $729,000 home on Camino Militar looks relatively modest. The biggest gainer in percentage terms up 125% is Strive Masiyiwa of Zimbabwe, worth $2.7 billion (up from $1.2 billion last year). Mr. Paul Cassidy recently retired as Managing Director, U.S. Municipal Finance, New Mexico Region with RBC Capital Markets after 24 years. Because we're not at risk. WE DIDNT FORGET: Some usual suspects Kelcy has managed the Societys CPE program, including the scheduling of seminars and David Foster is a retired policy analyst, publishing industry veteran, and entrepreneur. Mayo King Maria Gale He still lists Santa Fe as his address when donating to politicians. 1, we had 1 or 2 percent short-term interest rates. 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. "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. $$ "They still own some land back here, but not much." The Microsoft co-founder owns the $12.8 million Sol y Sombra house, formerly a Georgia OKeeffe estate. He set up his own business in 1988 importing iron, steel and chemicals. $$ As Apple's CFO Peter had a wide range of responsibilities including overseeing the controller, treasury, investor relations, tax,. From there, he joined the SWAT and Celebration teams where he had opportunities to perform for countless audiences, including main event shows and Brian McGrath recently retired as Senior Vice President Human Resources at American Greetings, a $2 billion business based in Cleveland, with over 20,000 employees in the US and six other countries. Experience: With 37 years of accounting and consulting experience (30 in the employee benefits field), Carol has significant expertise in compensation planning, leadership development and succession planning, employee benefits, and retirement plans. $$ish His career began as an education policy analyst. The late William Zeckendorf Sr. was a big real estate developer in New York City. "New Mexico is very perfect for me," Jirby says. For many years, his companies had rented space downtown on Marcy Street. Akhannouch was appointed prime minister of Morocco in September 2021. Was all that deserved? Their money comes from the Texas-based Burnett Oil and ranch empire. The company is best known for the brands Cartier and Montblanc. "The incentive program for the senior officers was based directly on the amount of money returned to shareholders." Thornburg did, in 1990, to Juliana Feldman. 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. That money goes to the state, the city, the county, the public schools and Santa Fe Community College. Ocean Munds-Dry Thornburg would keep his company stock and his tax-deferred retirement account. While delighting investors, Thornburg angered neighbors. Thornburg helped Donald Trump turn the old Commodore Hotel in NYC into the Grand Hyatt. Not counting slavery, this is a time of unprecedented wealth inequality. He shares a $6.5 million home on Old Sunset Trail with his wife, Valerie, who serves on the board of the Cancer Institute Foundation. 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. . The company is structured as a Real Estate Investment Trust. $$ish Those jobs, and the wealth they created, justified the tax breaks Thornburgs companies won over the years and the public accolades theyve received. He has 42 years of experience in the public finance field focusing exclusively on municipal debt issuance and public finance. The 18 billionaires from Africa hail from seven different countries. That year, investors including Goldman Sachs paid $3.4 billion for the company Knutson had led since 1969. According to a Bloomberg News profile, Miller, 59, lives in the Maryland suburbs and travels to Santa Fe four times a yearbut hes around enough to make this list. Oppenheimer Asset Management works with a variety of client types. "He came with a very high degree of self-confidence, which was merited," Zarin, who runs an investment firm on Long Island, NY, says. Younger brothers Mohamed and Yasseen are also billionaires and part owners of Mansour Group. Paul Cassidy, Chair Get this delivered to your inbox, and more info about about our products and services. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Your email address will not be published. On Jan. 4, 2007, Gov. Joe Farr* The bills died.) Jane Fonda Peter Oppenheimer has a net worth of $200 million. In December 1971, still in Jamaica, Thornburg married Inger Jirby, an artist from northern Sweden, who speaks seven languages. Garrett Thornburg was born in January, 1946. $$$ "I would consider both Garrett and Larry Goldstone to be very, very smart guys," Chicaferro says. It's too late for 130 laid off Thornburg Mortgage employees. "He wasn't a genius because Bernanke set the short-term interest rate at Thornburg's benefit. As of 2021, he has an estimated net worth of $50million, according to Celebrity Net Worth. Bill Clinton. Your email address will not be published. The disadvantage is that REITs must pay out 90 percent of profits to shareholders. Thornburg declined an interview. We haven't put out any money," City Attorney Frank Katz, who signed off on the bond, says. Gilbert is 86. If theres anything people lie about as often as sex, its money. The other part is he wasn't content with making money at that spread, and he leveraged. Thornburg's creditors started making "margin calls." But that near-parity has slipped dramatically in the second half of the year. 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. In Israel, her family flipped houses and invested in properties. 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"There is no conflict of interest. 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. 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. Congratulations to the @BUAgroup and his family . "It wasn't all that hard. A University of New Mexico graduate, Kai began dancing at an early age in Santa Fe, New Mexico at Dance for Joy, Charisma and NDI New Kimberly White was born and raised in Albuquerque, New Mexico. Thornburg took hat in hand. The companies pledged to "create 100-200 new permanent jobs." Nothing ever came of it," Collins says. The bank, which trades on the Johannesburg Stock Exchange, targets South Africas emerging middle class. Net Worth in 2023. Everybody's happy on the way up because everybody seems to be making more money." Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. Cevital owns European companies, including French home appliances maker Groupe Brandt, an Italian steel mill and a German water purification company. In 2037, when Garrett Thornburg is 91 years old, his company will purchase the land and building for $1. Subsequent to the economic crash, AIG has received a total of $182.5 billion in federal aid, according to the Government Accountability Office. Four months after that promotion, Jirby gave birth to a son, Lloyd. Diana T MacArthur Branchs projects include the San Isidro Plazas 1 and 2, as well as the housing developments Cielo Azul and Colores del Sol. Cohan explains how Thornburg Mortgage funded its operations "most often by obtaining short-term, often overnight, borrowings" backed by the mortgages it held. And the skills NDI New Mexico teaches are exactly what our staffing team looks for in potential employees. 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. Jeffrey Branch Local son/property developer Jeff Branch, who also serves as a board member for the Santa Fe Community Foundation, is well known for his transformation of Santa Fes Southside. 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. Julie Bowdich They own a $1 million home on Camino del Monte Sol, though Caseys LinkedIn profile lists his home as greater New York City. The actors ranch is technically in Mora County, but his wife is a partner in a Santa Fe shop. Our process wasnt entirely scientific. Thornburg found borrowers over the internet and through "correspondent" lenders around the country. Chicaferro retired in 2006, selling his stock before the crash. The quasi-public sector launched Thornburg to Bear Stearns, the recently deceased investment bank. Thornburg got a better deal than any ordinary homebuyer would be able to negotiate. Kelcy Flanagan He would also keep his father's gun collection and his interest in Thornburg Sheep Co. back in Minnesota. In their bond application, Thornburg's team noted that he donates $35,000 a year to Partners In Education Foundation, a nonprofit, and more than $100,000 a year to Santa Fe Public Schools. His brother Nassef is also a billionaire. "Thornburg is often referred to as one of the good guys that's having trouble. Meanwhile, Thornburg's political allies pushed the project forward. EEE He also was a director of CompUSA. In January 2020, Oppenheimer was slightly behind Rupert with $7.33 billion to his name. Jirby is not surprised Thornburg stayed in New Mexico. SFCC is supposed to get $15,000 a year for the next decade starting later this year, spokeswoman Janet Wise says. Patrick Lannan Richardson appointed Frank, a former PricewaterhouseCoopers senior partner who lives in Tesuque, to the State Investment Council this year. In 2007, Santa Fe City Council minutes record Stertzers donation of mobile trailers to the city police department. According to TCM, Katharine Hepburn died on June 29, 2003 at the age of 96. Jess Sanchez, Co-Chair* Their new mansion is so big, according to The Santa Fe New Mexican, the county assessor cant even figure out how to put a value on it. 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. KEY TO SYMBOLS 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. Alexis Girard Affecting their life outcomes will change the picture of New Mexicos future and is the key to a thriving economy. The supposed public benefit of the Thornburg campus? Structural Info Known for movies Sing 1989 as Cujette Source IMDB Money is a slippery thing, especially now. She and her husband are founding co-chairs of the Smithsonians National Museum of the American Indian in New York City. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Although she claimed that her father was a prince and that her mother was related to Queen Victoria, this was untrue. In 1998, he hired Ron Chicaferro, then working for another REIT, to lead Thornburg Home Loans. Then and only then will the company pay property taxes. In 2014, Oppenheimer started Fireblade Aviation in Johannesburg, which operates chartered flights. However, The Guardian notes that Hepburn had been sick for some time and was suffering from Parkinson's disease prior to her death. Nicky Oppenheimer net worth: Nicky Oppenheimer's net worth is $8 billion which makes him one of the richest people in South Africa. Louisa Stude Sarofim And he can borrow money at 2. "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. She is trained in ballet, Gabriel graduated from the University of New Mexico with a B.A. It has interests in petroleum, gas and chemicals through publicly-traded Afriquia Gaz and Maghreb Oxygene. William A Miller The combined firm, called BUA Cement Plc, trades on the Nigerian stock exchange; Rabiu owns 98.5% of it. Anne & John Marion She's been with the Oppenheim Group for three years, and it looks like she has done pretty well for herself, considering her net worth is $1 million. Former Councilor Karen Heldmeyer, the other "no" vote, says she grew frustrated by "backroom deals" and decided not to seek re-election. Donations are voluntary. But not for a landscape painter. Adenuga, Nigerias second richest man, built his fortune in telecom and oil production. $$ish New Mexico? David Foster Life was good. 4 last year is luxury goods magnate Johann Rupert of South Africa. Le Roux previously ran Boland Bank, a small regional bank in Cape Towns hinterland. EEE 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). Thornburg left Lakefield for a military prep school and went on to Williams College in Massachusetts. 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. 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.
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