TEX Heather is worth $3 million, according to CelebrityNetWorth.com. Randy Travis So SFR doesnt present this list as anything but our best effort to figure out whos got the money in Santa Fe. She lives at Forked Lightning Ranch in San Miguel County. In December 1971, still in Jamaica, Thornburg married Inger Jirby, an artist from northern Sweden, who speaks seven languages. E/C Brian McGrath Through his Media Globe Holdings, Sawiris owns 88% of pan-European pay TV and video news network Euronews. Who Is Meaghan Oppenheimer, New Wife Of 'Lucifer' Star Tom Ellis? NDI New Mexico provides children with the tools and skills they need to succeed. Heather Roach*, Linda DiPaolo Love, Co-Chair 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. Affecting their life outcomes will change the picture of New Mexicos future and is the key to a thriving economy. He donates big to Democratic politicians and the Center for Contemporary Arts. Deborah Fritz* $ish Now, she's focused on "pulling together the community." Jirby would not discuss the divorce. Paul De Domenico Help didn't come. 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. #1272 Catherine Lozick on the 2023 Billionaires - Catherine Lozick inherited an estimated 65% stake in Swagelok, a valve-making business her father, Fred . Our People - NDI New Mexico Charities honored him as a "treasured citizen." 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. Thornburg Mortgage was founded in 1993 with tax advantages in mind. In Israel, her family flipped houses and invested in properties. Born in Ames, Iowa, Russell grew up with a passion for music, performing and the arts. In 2019, Naspers put some assets into two publicly-traded companies, entertainment firm MultiChoice Group and Prosus, which contains the Tencent stake. What Are The 'Selling Sunset' Cast Net Worths? - Who Makes The Most Only two of the 18 billionaires have net worths that are lower than last year: Koos Bekker of South Africa, who dropped to $2.7 billion from $2.8 billion, and Mohammed Dewji of Tanzania, whose fortune fell to $1.5 billion from $1.6 billion a year ago. The suit also faults executives' pay plan. Nicky Oppenheimer net worth. She was mentored by Elliot joined NDI New Mexico in 2015 as a Musician in the In-School Program. He went to Jamaica, where, with US government financing, he developed a 311-unit housing project. Donate today to Friends of the Reporter. And he can borrow money at 2. He is a man who made his time. 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. . 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. 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. CELEBRITIES: You may have heard of them She became active as a community volunteer 10 years ago, and has been engaged in both arts/culture and human service organizations. Aleem Hasham was born and raised in Nairobi, Kenya. But theres another side to the strange economic mix that is Santa Fe. In theory, the deal is a wash for the city. He has 42 years of experience in the public finance field focusing exclusively on municipal debt issuance and public finance. The governor said Thornburg was a good friend of his, that Thornburg was a good civic leader, that the financial businesses that Thornburg had created in Santa Fe created high-paid jobs. EEE An REIT, unlike a regular company, is exempt from corporate income taxes. The legalese in the deal states repeatedlyand in ALL CAPSthat the city is at NO RISK if Thornburg vacates the space. It's too late for 130 laid off Thornburg Mortgage employees. We have estimated Katherine Oppenheimer's net worth , money, salary, income, and assets. Through his eponymous investment and mortgage companies, Thornburg became one of Santa Fes richest people. TEX = Texas roots MacArthur donated $7,900 and $10,000 to Richardsons two gubernatorial runs. "That's how these credit bubbles work. "Any way they could find to put a favorable slant on this, they did. Integer vehicula et lacus efficitur Allegra Lillard began dancing in her home state of Texas and Antionette, a native of Albuquerque, began her dance training at age three in ballet, jazz, tap, Bianca Lily Starr, MA & MSc is an alignment and safe dance specialist with an expertise in Chelsea received her Bachelors of Arts in Dance from Cal State Fullerton. "He came with a very high degree of self-confidence, which was merited," Zarin, who runs an investment firm on Long Island, NY, says. There was no internet. $ = Loaded "Garrett always, always, always purchased only the best loans. Some list members grow richer or poorer within weeks or days of our measurement date. "There's nothing we could've done except jawboned if we thought it was a bad idea." Casey, 43, came to our attention because he owns and pilots a small plane thats registered in Santa Fe. Dangote Cement produces 45.6 million metric tons annually and has operations in 10 countries across Africa. Diane Doniger To market those funds, he founded Thornburg Securities. 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. Required fields are marked *. Trish Farr* Ultimately, Jirby would keep sale proceeds from the home, the art and physical custody of their son. Whether on the piano, in the studio, on the stage, or on the dance floor, Michael creates Todd has worked for NDI New Mexico since 1999 and has been the Albuquerque Music Director from Dr. Jessie Wenchieh Lo is a performing artist, recording artist, music educator, and music Matthew is an accomplished musician who has been in the New Mexico music scene for the past 6 Alyx Allie is a graduate of New Mexico State Universitys Dance Program under the direction of Pamela has been a dancer, choreographer, educator, and health care provider for most of her life. Shane, a native New Mexican, has been dancing for 22 years and teaching for 15 years. Your email address will not be published. Catherine Oppenheimer The New Mexican's headline when the City Council approved the bond: "Thornburg deal benefits schools." He still owns part of the company jet. We also welcome you to follow SFR on social media (on Facebook, Instagram and Twitter) and comment there. Net worth: $8.7 billion Rank in 2021: 3 Net worth in 2021: $8 billion Origin of wealth: Diamonds Industry: Metals and mining Age: 76 Country: South Africa Residence: Johannesburg. million, Sanbusco is the 15th most valuable commercial property in Santa Fe, behind La Fonda. But that near-parity has slipped dramatically in the second half of the year. "The 'genius' element was very simple. Net worth: $13.9 billionRank in 2021: 1Net worth in 2021: $12.1 billionSelf-madeOrigin of wealth: Cement, sugarIndustry: ManufacturingAge: 64Country: NigeriaResidence: Lagos, Net worth: $11 billionRank in 2021: 4Net worth in 2021: $7.2 billionOrigin of wealth: Luxury goodsIndustry: Fashion and RetailAge: 71Country: South AfricaResidence: Cape Town, Net worth: $8.7 billionRank in 2021: 3Net worth in 2021: $8 billionOrigin of wealth: DiamondsIndustry: Metals and miningAge: 76Country: South AfricaResidence: Johannesburg, Net worth: $8.6 billionRank in 2021: 2Net worth in 2021: $8.5 billionOrigin of wealth: Construction and InvestmentsIndustry: Construction and engineeringAge: 61Country: EgyptResidence: Cairo, Net worth: $7 billionRank in 2021: 6Net worth in 2021: $5.5 billionOrigin of wealth: Cement,sugarIndustry: DiversifiedAge: 61Country: NigeriaResidence: Lagos, Net worth: $6.7 billionRank in 2021: 5Net worth in 2021: $6.3 billionSelf-madeOrigin of wealth: Telecom, oilIndustry: DiversifiedAge: 68Country: NigeriaResidence: Lagos, Net worth: $5.1 billionRank in 2021: 7Net worth in 2021: $4.8 billionSelf-madeOrigin of wealth: FoodIndustry: Food and BeverageAge: 78Country: AlgeriaResidence: Algiers, Net worth: $3.4 billionRank in 2021: 8Net worth in 2021: $3.2 billionOrigin of wealth: TelecomIndustry: TelecomAge: 67Country: EgyptResidence: Cairo, Net worth:$3.1 billionRank in 2021: 9Net worth in 2021: $3 billionSelf-madeOrigin of wealth: MiningIndustry: Metals and miningAge: 59Country: South AfricaResidence: Johannesburg, Net worth: $2.7 billionRank in 2021: 10Net worth in 2021: $2.8 billionSelf-madeOrigin of wealth: Media, investmentsIndustry: Media and entertainmentAge: 69Country: South AfricaResidence: Cape Town, Net worth: $2.7 billionRank in 2020: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: TelecomIndustry: TelecomAge: 60Country: ZimbabweResidence: London, Net worth: $2.5 billionRank in 2021: 11Net worth in 2021: $2.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 74Country: EgyptResidence: Cairo, Net worth: $2.2 billionRank in 2021: 12Net worth in 2021: $2 billionOrigin of wealth: Petroleum, diversifiedAge: 61Country: MoroccoResidence: Casablanca, Net worth:$1.7 billionRank in 2021: 16Net worth in 2021: $1.2 billionSelf-madeOrigin of wealth: BankingIndustry: Finance and investmentsAge: 72Country: South AfricaResidence: Stellenbosch, Net worth: $1.5 billionRank in 2021: 15Net worth in 2021: $1.3 billionOrigin of wealth: Banking, insuranceIndustry: Finance and investmentsAge: 89Country: MoroccoResidence: Casablanca, Net worth: $1.5 billionRank in 2021: 13Net worth in 2021: $1.6 billionOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 46Country: TanzaniaResidence: Dar es Salaam, Net worth: $1.5 billionRank in 2021: 14Net worth in 2021: $1.5 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 76Country: EgyptResidence: Cairo, Net worth: $1.1 billionRank in 2021: 18Net worth in 2021: $1.1 billionSelf-madeOrigin of wealth: DiversifiedIndustry: DiversifiedAge: 60Country: EgyptResidence: Cairo. $$$ = Richer than God Kelcy has managed the Societys CPE program, including the scheduling of seminars and David Foster is a retired policy analyst, publishing industry veteran, and entrepreneur. The mortgage crisis ruined Thornburg's balance sheetsand the country's. EIN number 85-0431846.Copyright 2023 | Donor Privacy Policy | Privacy Policy | Photography Credits. $$$ Bloomberg Billionaires Index - Nicky Oppenheimer Before spring break, flight records show it flew to Provo in the Caribbean, several islands east of where his parents married. Hilma Chynoweth* Thornburg funded Chavez' Council opponents in the 2004 and 2008 elections. Then the ground moved. Val Diker The CEO of defunct Thornburg Mortgage still earns $188,000 a month, even though his company is bankrupt, according to court documents. The famous actress divorced billionaire CNN founder Ted Turner in 2001. 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. Thornburg left Lakefield for a military prep school and went on to Williams College in Massachusetts. Bill Lang* The couple had a son in April 2000. In 1982, in a small office on Galisteo Street, Thornburg founded Thornburg Investment Management. A more than 60% surge in the share price of his luxury goods firm Compagnie Financiere Richemont maker of Cartier watches and Montblanc pens pushed his fortune to $11 billion, up from $7.2 billion a year ago, making him the biggest gainer on the list. Home base unknown She graduated from Vassar with a BA in psychology and moved to Washington, DC to begin her career on Capitol Hill. METL is active in textile manufacturing, flour milling, beverages and edible oils in eastern. 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. We think its important for people whom Santa Fes been good to, who may be from somewhere else, to understand our community. 'Queen America' Creator Meaghan Oppenheimer Wants You To - Decider Their $906,000 home on Thunderbird Corto is a short drive from the campus, soon to be emptier. Americans were hit harder than average: The typical U.S. billionaire lost nearly $350 million, or about 7% of his wealth, falling from an average net worth of $4.79 billion to $4.44 billion. Knutson and wife Miryam own a $6 million home on Circle Drive. The site described it as 12,000 square feet of luxury designed with Anasazi and Pueblo influences, featuring floors of imported tile, stone, and cherry wood[and] fine details such as custom iron and glass work, hand crafted, hand adzed custom built doors, fine millwork, and nine uniquely designed fireplaces. The asking price is $8.2 million. He served as Egypts Minister of Transportation from 2006 to 2009 under the Hosni Mubarak regime. Thornburg wanted the city to help finance his new campus with a $45 million industrial revenue bond, similar to the deals he had arranged in New York. Net Worth in 2023. 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. $$$ Help keep local journalism fighting for you. The 12 wealthiest people on the planet grew $36 . In 1998, he hired Ron Chicaferro, then working for another REIT, to lead Thornburg Home Loans. His massive worth comes from his successful career as a real estate broker and attorney. The quasi-public sector launched Thornburg to Bear Stearns, the recently deceased investment bank. Motsepe also has a stake in Sanlam, a listed financial services firm, and is the president and owner of the Mamelodi Sundowns Football Club. 3, worth an estimated $8.7 billion. His eclectic musical Holly Mead is a composer, pianist, recording artist, educator, and recenttransplant to Santa Fe, Jesus is a Miami born pianist who built his reputation as a proficientclassical & Kevin originally trained to be a pianist but caught the dance bug in high school. Richardson appointed Frank, a former PricewaterhouseCoopers senior partner who lives in Tesuque, to the State Investment Council this year. "The real issue is, what are you trying to achieve?" Alt-A falls somewhere between prime and subprime. Nassef Sawiris is an investor and a scion of Egypts wealthiest family.His most valuable asset is a nearly 6% stake in sportswear maker Adidas. Even the government doesnt know whos wealthiest. David R Albin But last year, after Millers bad bets led to a collapse in Legg Masons value, both The New York Times and The Wall Street Journal ran columns reassessing his legendary status. The lawsuit, which failed, took years to work through the courts. In March, President Barack Obama singled out AIG for scorn regarding large bonus pay, saying, This is a corporation that finds itself in financial distress due to recklessness and greed. Caseys wife Marian, who serves on SITEs board of directors, donated $750 to Obamas campaign last year. There were two parts to it. He failed. Othman Benjelloun is CEO of BMCE Bank of Africa, which has a presence in more than 20 African countries. He wasn't alone. $$$ Peter Frank Here's Who Inherited Katharine Hepburn's Money After She Died The New Mexican said residents "should be glad the company didn't grow weary of NIMBYism and forsake Santa Fe for Santa Barbara or some other la-di-dah address," in an editorial against Concerned Citizens. Adenuga got an MBA at Pace University in New York, supporting himself as a student by working as a taxi driver. He backed several people's Council races. "The only real estate investment trust that didn't use leverage was Redwood Trust, in California." His oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta. The biggest gainer in percentage terms up 125% is Strive Masiyiwa of Zimbabwe, worth $2.7 billion (up from $1.2 billion last year). 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. 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 disadvantage is that REITs must pay out 90 percent of profits to shareholders. The company jet, part owned by Thornburg personally, is not up for sale. There are two Paul De Domenicos in Santa Fe; the son is 47, the father 75. Catherine Oppenheimer of Santa Fe is recognized as a major contributor to the arts for her work supporting strong arts education programs in New Mexico. Letters (no more than 200 words) should refer to specic articles in the Reporter. EEE = More local than not Theres a point, here. W/C Richard L Bloch Former Santa Fe Opera board of directors member Dubin founded the investment firm Dubin Clark & Company, based in tony Greenwich, Conn. He Kate Moss grew up in St. Louis, MO prior to heading East to attend Vassar College. Skilled workers had to be lured. Texas billionaire Richard Rainwater, who lost $70 million in two months on Thornburg Mortgage stock, first learned of the company when he saw Goldstone on television. James Ortiz* Although she claimed that her father was a prince and that her mother was related to Queen Victoria, this was untrue. Counting layoffs is one thing. In 2003, a large landowner, Santa Fe Estates, announced plans to sell hilltop property to Thornburg. 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. $$ish TEX That extra cushion isnt the only difference between the rich and the rest. As rise-and-fall stories go, Thornburgs is neither the biggest nor the most shocking. He also makes his debut as a showrunner/executive producer with this project. In this capacity he frequently facilitates conversations within a broad spectrum of grass roots and other community Nancy BlaugrundJohn BurnhamLouise Campbell-TolberDianne Chalmers WileyDavid ChaseWilliam Cowles Michael DAlfonsoJacques dAmboise, Co-Founder Susan DubinPatricia Friedman Marc GellerJim GoodwinMedora JenningsCindy JohnsJean Knapp Gerald LandgrafEdward LujanBeth Moise Ambassador Frank Ortiz Joseph L. Ponce Frauke RothCharles W.N. Nicky Oppenheimer net worth: Nicky Oppenheimer's net worth is $8 billion which makes him one of the richest people in South Africa. $$ish 1, we had 1 or 2 percent short-term interest rates. He owns 85% of publicly-traded Dangote Cement through a holding company. A few years later, it endured a wave of prepayments by borrowers. $$$ 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. J. Robert Oppenheimer, known as the "father of the atomic bomb," battled with the invention he helped to develop for the remainder of his life. But not for a landscape painter. This week's cover story made use of numerous public documents and SFR writer Corey Pein created numerous . Last week, after 14 years of growth and two years on life support, Thornburg Mortgage announced its bankruptcy. Stephen L Feinberg Aleem Hasham "I was probably the first Harvard MBA to be on unemployment," Thornburg told New Mexico Business Weekly in 2006. Jirby recalls the biggest shock of their marriage came at a party in Southampton, NY when she learned Thornburg could play drums. Subprime itself has become a euphemism for "toxic." The stock fell rapidly. Nevertheless, his dining spots are among Santa Fes most popular, including Blue Corn Caf, La Casa Sena and Rio Chama. How tall are the Oppenheim twins and what is their net worth? Louise Campbell-Tolber* W/C Dangote Refinery has been under construction since 2016 and is expected to be one of the worlds largest oil refineries once complete. To market those funds, he founded Thornburg Securities. Per Celebrity Net Worth, Hepburn was reportedly worth $20 million at the time of her death . Ken DeBettignies* Eddie Gilbert AFRICAS BILLIONAIRES ARE RICHER than they have been in years. In 2007, Santa Fe City Council minutes record Stertzers donation of mobile trailers to the city police department. Kate Moss, John Berndt, Chair EEE Last month, Richardson named Thornburg to a commission to save the bankrupt College of Santa Fe. EEE 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. "Everybody's happy and, all of a sudden, here's Thornburg," Patrick Collins says. No end of geniuses," Collins says. EEE He felt Richardson wanted his group to back down. In 1994, he became the first black partner at law firm Bowman Gilfillan in Johannesburg, and then started a mining services contracting business. The core values of NDI New Mexico are well matched for the core values of our firm. However, the firm also works with high-net-worth individuals, pension and profit-sharing plans, charitable organizations, state and municipal governments and businesses. That was an overstatement, at best. 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. In February 2008, the Swiss bank UBS reported an $11.3 billion loss based on US mortgages designated as "Alt-A." A member of the Texas Tobacco Five lawyers, Reaud split $3.3 billion in fees for helping that state win an even bigger settlement against Big Tobacco. He has been in the USA for over 20 years, 10 of those being in Albuquerque. 30 Apr 2023 21:08:34 By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy. The new Thornburg campus, which opened this year, looks down over the city like a citadel. Paul Cassidy, Chair Oilman Klein owns a $6.7 million home in Tesuque with wife Jeanne; together, theyre on this summers ARTnews list of top collectors worldwide. The Times blurbed Thornburg in June 1979, when the company made him a vice president. SFR, Online Only: Read SFR's extended interview with Eric Janzen in which the Author of The Post Catastrophe Economy discusses his thoughts on capitalism's boom-bust cycle and the rise and fall of what he calls the "FIRE economy.". Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. The couple made ARTnews top collectors list and serve on the board of the Georgia OKeeffe Museum. It will be one of the tallest buildings in Africa. Starring Catherine Zeta-Jones as Vicki, a former beauty queen and current pageant coach who tries to coach an unlikely young woman through the brutal pageant world. 2023 Forbes Africa. During her development career, she worked at the University of Rochester and the United Way Leean Kravitz joined Fidelity Investments in August of 2008 and currently serves as Vice President of Public Affairs & Government Relations, overseeing teams in New Mexico, Utah and Colorado. According to the suit, "the constant fear of bankruptcy" drove executives into "a deliberate pattern of concealment and selective disclosure." There is another explanation, as told in pending shareholder lawsuits against Thornburg. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. Thats a personality profile that leads people to think theyre the master of the universe, Patrick Collins, a retired Wall Streeter who campaigned against Thornburgs new Ridgetop Road headquarters, says. Catherine Oppenheimer $$ish EEE Meanwhile, Thornburg's political allies pushed the project forward. The company is structured as a Real Estate Investment Trust. Mail letters to PO Box 4910 Santa Fe, NM 87502 or email them to editor[at]sfreporter.com.