The 50 Wealthiest Angelenos: 35. Thomas Barrack

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THE MONEY: Head of private equity firm Colony Capital, active in range of industries; most investments saw robust gains. Upped stake again in Colony’s publicly traded real estate trust subsidiary, Colony Financial.

BUZZ: Market headwinds forced postponement of long-planned initial public offering for Colony American Homes, buyer of houses in the South and West to convert into rentals. With construction magnate Ron Tutor, purchased Miramax in 2010 for $663 million; took over sole managing owner duties early last year. Longtime Colony partner and Miramax Films Chairman Richard Nanula forced to resign amid sex scandal. Barrack took over as chair of Miramax, engineered return of Hollywood legends Bob and Harvey Weinstein to studio. Colony American Homes won bidding for first bulk sale of Freddie Mac multifamily loans. Named to board of French retail giant Carrefour this year; Colony holds 9 percent stake worth $1.7 billion. Made unsuccessful attempts to buy Anschutz Entertainment Group and Los Angeles Dodgers; could bid for the Los Angeles Clippers should Donald Sterling be forced to sell team. Colony Capital portfolio estimated at $25 billion. Includes office buildings, Napa vineyards, Swiss hospitals and quirky investments such as Neverland Ranch and Annie Leibovitz’s photography portfolio. Spent mid-1970s in Saudi Arabia arranging oil field deals; served in Reagan administration as deputy undersecretary of the Department of the Interior. Founded Colony in 1991.

NET WORTH:

$1.45 billion s16%

LAST YEAR: $1.25 billion

AGE: 67

RESIDENCE: Brentwood

SOURCES OF WEALTH:

Real estate, private equity

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