Philip Anschutz

Philip Anschutz Net Worth

Philip Anschutz is an American businessman, entrepreneur, and philanthropist. He is the founder, chairman, and CEO of The Anschutz Corporation, a privately held holding company that manages his business ventures. Philip Anschutz has a net worth of $13 billion as of 2023.

Philip Anschutz Net Worth is $13 billion
Name Philip Anschutz
Net Worth $13 billion
Full Name Philip Frederick Anschutz
Date of Birth 28 December 1939
Place of Birth Russell, Kansas
Age 83 years
Profession Entrepreneur, Businessperson
Gender Male
Spouse Nancy Anschutz
Children Christian Anschutz, Sarah Anschutz, Elizabeth Anschutz
Parents Marian, Frederick Benjamin Anschutz
Nationality United States of America

What is the Net Worth of Philip Anschutz?

According to Checkcelebritynetworth.com, Philip Anschutz has an estimated net worth of $13 billion in 2023, which makes him one of the wealthiest men in America. The bulk of his wealth comes from owning stakes in various businesses, including oil and gas, telecom, entertainment, sports teams, and real estate. His company, Anschutz Entertainment Group (AEG), is one of the top sports and entertainment companies in the world, managing some of the biggest arenas and stadiums across the world.

Early Life and Education

Philip Anschutz was born on December 28, 1939, in Russell, Kansas. He was the son of a corporate executive and a high school English teacher. Anschutz grew up in Hays, Kansas, where he graduated from Hays High School. He then went on to attend the University of Kansas, but left before completing his degree to pursue a career in business.

Career

Anschutz’s business career started in the oil and gas industry. He founded his first company, Anschutz Corporation, in 1960 at the age of 21. Anschutz’s company drilled its first oil well in 1961, and he soon became one of the largest independent producers of oil and gas in the United States. He later expanded his business into real estate, railroads, telecommunications, and entertainment.

In the 1990s, Anschutz acquired the Southern Pacific Railroad, which he later merged with the Union Pacific Railroad, creating the largest railroad system in the United States. He also acquired several sports teams, including the Los Angeles Kings of the National Hockey League (NHL), the Los Angeles Lakers of the National Basketball Association (NBA), and Major League Soccer’s Los Angeles Galaxy.

Personal Life

Anschutz keeps his personal life private and away from the public’s eye, but he is known to be married with Nancy and the couple have three children. Talking about his philanthropy, Anschutz made a donation $1 Million to Elton John AIDS Foundation in 2018.