LABJ SPECIAL REPORTS

Health Care Special Report: Signs of Health

Los Angeles County’s health care sector is a vital part of our market’s quality of life as well as a crucial segment of our economy

Iconic Overview: L.A. Goes Global

Entrepreneurial spirit finds way here, looks beyond backyard for opportunities

This year’s class of influential leaders in L.A. ranges from a beauty entrepreneur to a legend of local commercial real estate.

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1. Patrick Soon-Shiong

2018 Wealthiest Angelenos

Pharmaceutical and biotech billionaire Soon-Shiong has made his fortune starting, building and selling drug companies: APP Pharmaceuticals for $4.6 billion in 2008, and Abraxis BioScience for $2.9 billion in 2010.

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2. Elon Musk

2018 Wealthiest Angelenos

Shares of Tesla, Musk’s electric car company, were all over the map as this issue headed to press. Problems with producing its mid-market Model 3, and a recall of Model S sedans over a power steering issue caused a drop.

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3. Sean Parker

2018 Wealthiest Angelenos

Parker added a cool $1 billion plus to his net worth after Stockholm-based Spotify went public through a direct listing on April 3.

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4. David Geffen

2018 Wealthiest Angelenos

Geffen’s name is synonymous with the music industry, and his fortune has grown steadily on investments made following Geffen Records’ sale in 1990.

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5. John Tu

2018 Wealthiest Angelenos

The wealth of Kingston Technology Corp. co-founder Tu tracks largely to his stake in the company, which bills itself as the “world’s largest independent manufacturer of memory products.”

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Musk’s L.A. Play

Plans for SpaceX, Boring Co. call for new role in public sphere

No. 2 Elon Musk is testing his influence on local government.

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Women & Wealth

L.A.’s wealthiest Women Include Business Leaders, Investors, Heirs

Just how far have women come in the business world?

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6. Eli Broad

2018 Wealthiest Angelenos

Broad built his fortune by co-founding KB Home, the sixth-largest U.S. homebuilder, and insurer SunAmerica, which AIG acquired in 1998 for $18 billion. Broad’s diversified holdings — including $3.2 billion in art along with real estate, annuities, etc. — likely saw gains on the generally strong market for most asset classes over the past yea

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7. Stewart & Lynda Resnick

2018 Wealthiest Angelenos

The sole owners of the Wonderful Co. oversee a network of citrus and nut farms and processing facilities spread across more than 120,000 acres in the San Joaquin Valley.

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Cultural Attraction

Affluent lift Los Angeles to new level in art world

Fine art and L.A.’s wealthiest are elevating L.A.’s reputation in the art world.

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8. Steven Udvar-Hazy

2018 Wealthiest Angelenos

Udvar-Hazy is a pioneer of aircraft leasing, a role that started with the founding of International Lease Finance Corp. in 1973.

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Trophy Props

L.A.’s wealthiest spend big bucks on high-profile properties, projects

Toys, teams and projects of the mega-rich.

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9. Edward Roski Jr.

2018 Wealthiest Angelenos

Roski is the founder, president and chairman of Majestic Realty, the largest privately held industrial developer in the U.S. Majestic has a portfolio of 90 million square feet of industrial, office and retail space.

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10. William Barron Hilton

2018 Wealthiest Angelenos

The son of Hilton Hotels founder Conrad Hiltonran his father’s company and profited from its $26 billion sale to private equity firm Blackstone in 2007.

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