Net Worth: $2 Billion
LAST YEAR: $1.7 Billion
CHANGE: +18%
AGE: 74
RESIDENCE: Holmby Hills
SOURCE OF WEALTH: Communications, real estate, art
THE MONEY: Much of Nathanson’s wealth comes from the $3.7 billion sale of his company, Falcon Cable TV, to Paul Allen’s Charter Communications in 1999. Following that deal, Nathanson founded Mapleton Investments, which manages ventures valued at more than $1 billion. The firm’s real estate arm, Mapleton Properties, has a portfolio valued at $571 million. Nathanson is also chairman of Falcon Waterfree Technologies. A strong real estate market and overall economy has led to an increase in Nathanson’s wealth this year.
THE BUZZ: Mapleton Properties has more than 3.2 million square feet of properties under management and more than 295,000 square feet of assets under renovation or construction. Nathanson recently joined the board of Trine Acquisition Corp. He is also an avid art collector and is involved in numerous organizations, including the Aspen Institute, the Pacific Council on International Policy and USC’s Annenberg School for Communication and Journalism. In May, he and his wife, Jane, were honored at the Women’s Guild Cedars-Sinai Gala.
