Source of Wealth: Food, beverage, construction, sports
Partners paid $26.5 million three years ago to start Chivas USA soccer team to take advantage of L.A.'s huge Mexican fan base. The team is spinoff of Chivas de Guadalajara, owned by Cue and one of the most storied soccer teams in Mexico. Cue's family controls Grupo Modelo, the Mexican conglomerate that owns Corona and Modelo beer. As a real estate developer in Mexico City, he built Altus, the tallest condominium tower in the country. Also sits on the boards of seven Mexican corporations. Cue moved here to manage the investment. Vergara has a long-standing business relationship with L.A., having built his early fortune by selling Herbalife in Mexico. After learning the ropes of multilevel marketing, he founded Grupo
Omnilife, a dietary supplement powerhouse with global sales of nearly $1 billion. Vergara's interests also intersect with L.A.'s entertainment industry. He financed Alfonso Cuaron's road-trip movie "Y Tu Mama Tambien." Variety named him one of its 10 Producers to Watch.
NICK & CHRISTIAN CANDY
Source of Wealth: Real estate
The jet-setting real estate developers Nick Candy, 35, and brother Christian, 33, are behind one of the most significant residential projects in Beverly Hills history. The brothers' company, Candy & Candy Inc., is developing a 252-unit, Richard Meier-designed condominium project at 9900 Wilshire Blvd. The project will break ground this year and will cater to both local and international buyers. Candy & Candy spent $500 million in April to buy the property. The multimillionaire developers made a name for themselves in London by developing high-profile projects such as One Hyde Park, an ultraluxurious residence in one of London's most exclusive neighborhoods. Neither brother owns an L.A. home but both are interested in buying one.
H. ROGER WANG
Source of wealth: High-end Chinese retail chain
This self-made billionaire worth $1.6 billion according to Forbes is the chairman of Golden Eagle Retail Group, which operates high-end retail stores in China. Grew up in Taiwan, then immigrated to the U.S. in 1971. Started business career in Los Angeles as the manager of a Thrifty Drug Store. Has a home in Beverly Hills but is based in China. Recently gave $1 million to the Huntington Library for its new Chinese garden.
Source of Wealth: Shopping center development
Australian Peter Lowy, the son of a Czechoslovakian refugee, has helped turn his family business into a multi-billion-dollar international retail empire. From New South Wales, Peter's father, Frank, started what would become shopping center developer Westfield Group. But Peter proved instrumental in building the company into the behemoth it is today. Born in Australia, eventually moved to the United States to run the company's U.S. operations. Along with several top executives, helped expand the company's U.S. portfolio to 59 shopping centers. On Wealthiest Angeleno list but spends time Down Under.
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