We just didnt know. A decade later, thanks to the fracking revolution, the U.S. now exports a record 10 billion cubic feet of gas per day, about one tenth of domestic production. 00:31. Yall may want to steel yourselves with a stiff drink, because while $110 million may be an unfathomable amount for 99.99% of us to think about spending on a house, it represents just another day at the real estate market for Mr. and Mrs. Smith. "Pandemic be damned: America's 400 richest are worth a record $3.2 trillion, up $240 billion from a year ago, aided by a stock market that has defied the virus," Forbes writes. (Photo by Michael Loccisano/Getty Images). 12 pick, A new musical spotlights a Texas bank-robbing legend, This Houston rodeo food vendor wants you to eat his rattlesnake, Tech mogul Michael Dell: $35.6 billion, No. We want to hear from you! * In partnership with National Bankers Association and Appalachian Community Capital; CDFIs/MDIs being considered include: Security Federal Bank, Institute / North Carolina Community Development Initiative, Sequoyah Fund Inc, etc. In 2017 he became the first black man to sign the Giving Pledge. We have to get it into our communities in ways thats real, and part of our culture, as opposed to something thats the exception to our culture.. Says Smith: We had built this facility, and it literally never got used., He therefore made a bet that it was more lucrative to reverse the flow and export Americas natural-gas bonanza (up 74% in two decades, thanks to fracking some 33 trillion cubic feet per year). Michael Nesmith was an American musician, songwriter and producer who had a net worth of $50 million at the time of his death. Raise community awareness & adoption of Emergency Broadband Benefit: increase door-to-door and community outreach in low-income neighborhoods to get households onto EBB to help connect ~35K unconnected households, Estimated impact (of all initiatives): ~35K households get connected to high-speed internet to unlock ~$700M in economic potential for Charlotte, Lead community organization: Prosper Birmingham, 1. Today Hope is the founder and CEO of skincare company MUTHA. Robert and Hope own homes in Los Angeles, Florida and New York City. 1 most stressful city for U.S. workers, Bun B on bringing Southern rap stars to Houston's Rodeo, Turner: State takeover of Houston ISD could happen next week, 'Call me a Nazi': Former Houston pastor calls for state book ban, How the Houston Zoo moved its flock of flamingos to a new home, Astros show struggles with new MLB pitch clock rules, The only Houston rodeo food guide you'll need, Former KHOU anchor turns layoff into lucrative real estate career, Houston leaders delay vote on Hobby Airport concesssions contract, massive $70 million gift to Memorial Park in 2018, Watch: Houston Astros' Luis Garcia debuts new windup, Houston pitmaster goes viral after hilarious on-air interview with reporter. Forbes undertakes a rather extensive, if not elaborate analysis (see full methodology here) to crunch the numbers. Then in 2016, Kaily Smith coughed up $11,000,000 for a newly-built spec mansion in the desirable Pacific Palisades Riviera neighborhood. Hope was the Playmate of the month April 2009 and Playmate of the year 2010. Michael Sean Smith (born 1963) is an American interior designer based in Los Angeles. Scarcely two years ago (in early 2016), the Smiths coughed up ready for this? Founding director and President of Fund II Foundation, the nonprofit granting organization. With those anchor tenants in place, ConocoPhillips put up more than $500 million to build the import terminal, including insulated tanks big enough to stack Boeing 747s in. Horovitz is the 16th richest rapper in the world, with a net worth of $90 million in 2021. If anyone out there knows and we know damn well you are out there be a dear and let us know so we can properly credit him/her/it/them on this McWhopper of a deal. The seller of both homes was Rockstar Energy billionaire Russ Weiner. Offer more paid internships: signup onto InternX and offer 25+ additional paid internships per year to HBCU/Black students, 4. 10. He made his first fortune with oil and gas company Basin Exploration, which he sold in 2001 for $428 million. Estimated impact (of all initiatives): ~$330M in additional loans per year to support ~30K MBEs, 5. The Malibu real estate market is notoriously sluggish in comparison to hot in-town areas like the Platinum Triangle. Atop that now stands enough steel to build six Eiffel Towers and 192 miles of gleaming pipe, all anchored in 496,000 tons of concrete. What we do not know is the identity of the buyers real estate agent(s). So one of the things I did was found a brilliant strategic firm to help me organize that process. Net Worth: $1.8 billion Age: 43 . Smith racked up another first when he became the first African American to serve on the board of Carnegie Hall in 2016. He originally wanted to use it to import liquefied natural gas, but as U.S. oil and gas production grew in the 2010s Smith repurposed its infrastructure to export LNG. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, The Smiths and their $15 million cash offer appeared unsolicited and out of nowhere, supposedly. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. Musk has found himself back on top as the world's richest person, according to the Bloomberg Billionaire's Index. Smith was six credits shy of a degree from Colorado State University in 1978 when he decided to drop out to ski, according to a university magazine article. Those transactions were all massive, to be sure. Freeport LNG was originally envisioned as an LNG import terminal; when the shale gas boom arrived, Smith turned his strategy 180 degrees. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Raise community awareness & adoption of Emergency Broadband Benefit: increase door-to-door and community outreach in low-income neighborhoods to get households onto EBB to help connect ~135K unconnected households, * Lead organization: The Collective Blueprint; Contributing local organizations for community strategy include (but not limited to): CodeCrew, Estimated impact (of all initiatives): ~135K households connected to high-speed internet to unlock ~$2B+ in economic potential, Lead community organization: Greater Houston Partnership, 1. Located on what is appropriately known as "Billionaires Beach", they listed this home for sale in November 2020 for $24.5 million. Finally, in late 2019, Freeport LNG was operational. And that process you have seen unfold in the press in a way that helps me and Vista achieve our goals.. The private equity/venture capital firm focuses on investing in technology and passive income software businesses. He believed at the time that the U.S. would soon run short of affordable supplies of domestic gas. Liquefying gas involves chilling methane down into a -260-degree liquid that can be pumped into thermos-bottle tankers and then shipped around the world. 353, Entrepreneur Brian Sheth: $2.3 billion, No. Philanthropist John Arnold, the founder of Centaurus Advisors hedge fund firm, with wife Laura ranks No. Following Cornell, Smith was an engineer with Goodyear Tire & Rubber until 1988 when he left for a position at Kraft General Foods. But where that figure even came from is up for . The Smiths also preside over Blue Spruce Capital Corporation, a private investment firm with offices in three states. Smith had been charged with evading taxes through the use of offshore accounts. Accelerate SCIs digital access initiatives up to $80M in donations or in-kind: invest in setting up internet connections / hotspots, offer laptops/Chromebooks and support adoption (through government subsidy technical assistance and digital literacy) to connect ~145K homes to high-speed internet in the Houston region*, 7. Continue reading to find out how much Will Smith makes and what makes his net worth so high. # 376 Michael Smith $6.23B Random fact: Bought out his business partner in the late 1980s during oil price downturn. That's not an easy feat. Raise community awareness & adoption of Emergency Broadband Benefit: increase door-to-door and community outreach in low-income neighborhoods to get households onto EBB to help connect ~35K unconnected households, Estimated impact (of all initiatives): 48K households get connected to high-speed internet to unlock ~$700M in economic potential for Jefferson County, National Telecommunications and Information Administration (NTIA), Income Contingent Alternative to Parent Plus, Houston Minority Supplier Development Council (HSMDC), Office of Information Technology & Innovation, Charlotte Regional Business Alliance (CRBA). He built it. 150 Steven Bisciotti, 58; net worth $4.5B (staffing, Baltimore Ravens . Subscribe to. While this person was actually only a draftsman, Smith still took inspiration from him as he started his journey into the engineering field. Accelerate SCIs digital access initiatives up to $35M in donations or in-kind: partner with New Orleanss Office of Information Technology & Innovation and Education SuperHighway to invest in setting up internet connections / hotspots, offering laptops/Chromebook and supporting adoption (through government subsidy technical assistance and digital literacy) to connect ~55K homes to high-speed internet in Greater New Orleans region, 8. An active philanthropist, he has already moved quickly to give away large portions of his net worth. Randa Williams is among the top 10 wealthiest Houstonians on the 2020 Forbes 400 list of wealthiest Americans, with an estimated net worth of $4.8 billion, ranking at No. The 2020 edition of the Forbes 400, which ranks the . Net worth: $51.4 billion. Big finds grew elusive, so in 1995 he transformed Basin, sold the Rockies assets, cut staff and shifted operations to Houston to drill in the Gulf of Mexico. Director at Bell Labs every single day for two weeks. Smith signed on to the Giving Pledge in 2017, promising to give away most of his fortune during his lifetime he was the first African American to sign on. That's right. Use Next and Previous buttons to navigate. Stakes in publicly traded companies are valued using the share's most recent closing price. The problem was, the program was for junior and senior college students only. Provide in-kind staff: offer 2-5 FTEs to the Charlotte Regional Business Alliance (CRBA)over 5 years to track Black-/Brown-executive representation, convene corporate partners to develop executive pipeline and hiring plans and support corporate partners to increase representation from ~10% to 30%+, Estimated impact (of all initiatives): 2.5K+ additional college graduates and 2.5K workers with high-paying wages to drive ~$0.2B in economic growth, 7. Smith was appointed by President Barack Obama to the Committee for the Preservation of the White House from 2008-2016 and is responsible for the 2010 makeover of the Oval Office. The Forbes 400 Richest Americans list has been published annually since 1982. * In partnership with National Bankers Association and Appalachian Community Capital; CDFIs/MDIs being considered include: Unity National Bank, Unity Bank of Texas, PeopleFund, Houston Business Development Inc, etc. So behave, say please, and within a few days we should be able to see the final sale price here. Into a -260-degree liquid that can be pumped into thermos-bottle tankers and then shipped around the world with... Soon run short of affordable supplies of domestic gas how that person 's fortune is tallied was actually only draftsman! Fund II Foundation, the nonprofit granting organization extensive, if not elaborate analysis ( see full methodology here to. 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