50 Wealthiest: Frederick ‘Ted’ Field #42

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NET WORTH: $870 million

LAST YEAR: $870 million

AGE: 58

RESIDENCE: Beverly Hills

SOURCE OF WEALTH: Inheritance, music, film

NET WORTH: $870 million

LAST YEAR: $870 million

AGE: 58

RESIDENCE: Beverly Hills

SOURCE OF WEALTH: Inheritance, music, film

THE MONEY: Field’s Radar Pictures didn’t release any films this year, but has invested in more than a half-dozen, including upcoming sequel “Chronicles of Riddick” and thriller “Havana Heat.” Has yet to see returns.

BUZZ: Bizarre bankruptcy occurred in November when Radar filed for Chapter 11 against Field’s wishes. According to a later lawsuit, a trio of Hollywood hucksters partnered with him to obtain financing for movies and used access to company records to create bogus documents and grab 80 percent of the company’s equity. Field had the bankruptcy dismissed and sued former partners. Heir to the Chicago department store fortune created by his great-great-grandfather Marshall Field. Co-founded Interscope Records, producing tunes for Dr. Dre and Snoop Dogg. During 1980s, bought and sold Panavision for $100 million plus profit. After Universal Music acquired Interscope in 1995 for $330 million, became film producer. Has credits on scores of features, including “Runaway Bride” and “Three Men and a Baby.” Hollywood rumor mill has it that he might launch record label.

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