I spent the 2007-2008 academic year at as a Knight Science Journalism Fellow at MIT. Howard Lincoln became the CEO of the Mariners after the death of majority shareholder and former Nintendo president Hiroshi Yamauchi. Other Ventures: Lerner is a partner in Monumental Sports & Entertainment, which owns the Verizon Center and the Washington Wizards and Capitals. Invisible Owner: After the (suspected) ousting of team CEO Chuck Greenberg, the notoriously hard-to-find Davis talked to reporters to answer questions. sold his meat processing and distributing company. He made his money in the energy sector, acting as CEO of Energy Transfer Equity, L.P. until 2007. "A $180 billion company can't grow by getting a bit of market share here and there. He's rich, I tell you. The Numbers: In 2002, Wilpon and his family became the majority owners of the Mets for a total sum of $391 million. The Numbers: Larry Dolan bought the team for $323 million. I never seen a place with a walk-in mailbox. Mr. Burns: Something is not right about Larry's upbringing.Send for the boys of Yale at once! The team is worth an estimated $680 million. Instead of money, the Trump campaign had sent them Trump bumper stickers. Other Investors: Techno-thriller novelist Tom Clancy was a member of that investment group and made $230 million from his original $43 million stake in the team. I hate to break it to you, Larry, but if Mr. Burns wants to see a stranger he will observe him through a telescope. Burns thinks he can do better: Using hydrogen fuel cells, he wants to take automobiles out of the environmental debate; make cars that are safer, more fun and more stylish; and restore serious profitability to a company that is operating on the thinnest of margins. They'd lived through more than one "revolutionary" power train--Wankel engines, gas-turbine engines, batteries. Low-Visibility Owner: Johnson watched the Giants' 2010 World Series victory at home on TV and he sent his daughter to represent him during the parade. If only some way can be found to transport and store hydrogen, the fuel cell has two powerful things going for it: It doesn't pollute and it converts 55% of the chemical energy in the fuel into useful work. The group was sold to the Trust Company of the West in 1995, and he stayed on as an executive. In 2002, with the help of commissioner Bud Selig, Loria sold the Expos to MLB for $120 million. How He Got Rich: He started his career in advertising and eventually became the CEO of Outdoor Systems, a billboard company. "This is a real business opportunity," Burns says. Larry has 1 job listed on their profile. "He sees we have a responsibility and opportunity to affect the way billions of people live their lives," says Jamie C. Hsu, who oversees global technology management at GM. How He Got Rich: John Henry started a commodities management company in 1981. How He Got Rich: Tom Ricketts is a director of TD Ameritrade Holding Corporation (his father founded Ameritrade in 1983). I left Forbes in September, 2010 after a great 10-year run. "If we were inventing the automobile today, what would we come up with?". “He called us, and he apologized, and he did the right thing by us,” said Larry Robertson, the Queens group’s president. Kendrick was a founding part-owner of the franchise in 1995 and became Managing General Partner in 2004. If they play out the way he intends, they could help GM slash manufacturing costs. Engineers put the vehicle's guts in an 11-inch-thick platform that contains the fuel cells, electric motors, brakes, suspension and hydrogen storage. How He Got Rich: Pizza pizza. After an engineering degree from General Motors Institute, Burns spread his wings in the mid-1970s and set out for Berkeley, Calif. in a customized van, backpacking, skiing and getting a Ph.D. in civil engineering. All three moves happened almost simultaneously, with all parties working closely together on the switches. Wrigley Connection: After college, Ricketts lived with his brother in an apartment across the street from Wrigley Field. How He Got Rich: Lincoln started his career with Nintendo as a lawyer before eventually working his way up to Chairman in 1994. How He Got Rich: Reinsdorf started his career as a tax attorney. Financial numbers are from Forbes unless otherwise stated. Pioneer: Moreno is the first ever Mexican American owner of a major U.S. sports team. For 94 years GM has built internal combustion engines; the fates of GM's 350,000 worldwide employees and 460,000 retirees in the U.S. are still largely welded to that engine. Several companies have drivable fuel cell cars, but mass production is far off. One time, after ribbing Phillies reliever Turk Farrell, Rendell recalls, “[Farrell] got so mad he looked like he was going to throw a ball at us, and Turk could really hum the ball. I'm here to see Mr. Burns. They are now worth $2.5 billion, making them the most valuable team in baseball and the fourth most valuable franchise in all of sports. As the primary antagonist, Mr. Burns spends his time in his office at the nuclear plant, monitoring his workers via closed-circuit cameras planted throughout the plant. At the time of his death, Carl Pohlad's net worth was estimated at $3.6 billion. He made a lot of money by being brave enough to start a company in a new and untested area of the market and then working really hard for many years. Doctors are still unsure of the cause of his hearing loss. For a year he relied on a stenographer. Sadly, he passed away in 2000, only 60 years old at the time. Planning For Post-Pandemic Times: Who’s In Charge Of Your Office Space? The Numbers: The Lerner Family bought the Nationals from MLB for $450 million. Other Ventures: Fowler used to own the San Diego Shockers, an indoor soccer team that dissolved in 1996. A massive franchise followed, and Illitch is worth an estimate $2.7 billion today. The Numbers: Davis bought the Rangers for $593 million. The Expos were then moved to D.C. to become the Nationals. You may opt-out by. The Numbers: Guggenheim Baseball Management, a group let by Mark Walter (Magic Johnson is another notable member), purchased the Dodgers in 2012 for $2 billion—a record amount for a sports team. Company Ownership: The Blue Jays are one of three Major League Baseball teams to be owned by a company (The Braves and Seattle Mariners are the other two). How NBA Owners Made Their Money He claimed to have been arrested and sent to prison after he was accused of dousing the beds of his family in gasoline and setting fire to them as they slept, and that he was released due to terminal brain cancer. After leaving the department store, he opened his own gallery and became a successful art dealer. Promise? Heckling the Team He'd One Day Run: As a teenager, Montgomery would attend Phillies games with friend (and future Pennsylvania Governor) Ed Rendell. In an average year, he makes $40-50 million between syndication, DVD sales, merchandise and other platform royalties. He appeared in Helsinki 40 years ago as my sisters loved one. All images courtesy of Getty Images unless otherwise stated. They were awarded the franchise in bankruptcy court. Although some ended up in a loss, he was ultimately able to triple his money, with a net profit of $23,394 by the end of the season. It was a shame, since the two always had such great chemistry, but it did open the show up to explore Larry David on the dating scene as a single man. He represented the state of Maryland in their suit against Philip Morris and his firm also took on the manufacturers of the diet drug Fen-Phen. How He Got Rich: He is the president of a Cincinnati-based fruit and vegetable wholesaler. I left Forbes in September, 2010 after a great 10-year run. The Numbers: Sternberg is the Rays' principal owner—he bought a controlling interest in the team for $200 million. : In 2013, Loria sold one Alberto Giacometti painting for $32.6 million. The Numbers: Gaming giant Nintendo bought the Mariners in 1992 in a deal worth $100 million. ", How He Got Rich: Sternberg started investing in the stock market and worked in the industry until 2002, when he retired from Goldman Sachs as a partner. How They Got Rich: Their father sold his meat processing and distributing company for $365.5 million to ConAgra Foods in 1987. The Apollo space program relied on hydrogen fuel cells, which work by stripping electrons from hydrogen atoms. "It recharges me." Worse for Burns, one of his two bosses, Vice Chairman Robert A. Lutz, makes no secret of his contempt for fuel cells. There was an outbreak of hepatitis in Michigan schools while Burns was working on ways to reduce warranty costs; the Centers for Disease Control quickly discovered the cause--strawberries. GM Chief Richard Wagoner, for one, has heard Burns' jokes once too often. Kendrick owns more than 10,000 baseball cards. Air Pirate: Nutting is a licensed commercial pilot and flight instructor. Moreno sold Outdoor Systems in 2008 for a reported $8 billion. Toyota last month announced it would lease two fuel cell vehicles, but at the daunting price of $10,000 per month, per vehicle. Playing Card Company and dozens of Arby's franchises. Adios, "Devil": In 2007, Sternberg oversaw the team's name change from "Devil Rays" to, simply, "Rays": "We were tied to the past, and the past wasn't necessarily something we wanted to be known for. Larry Linville claimed that playing Frank Burns was the toughest role on 'M*A*S*H' because he had to constantly struggle to make such a nitwit of a character seem real and human. What has emerged--vehicles called Autonomy and Hy-wire--are not simply new engines inside the same old car. THE FORMER boss of General Motors Research & Development leans back in his chair and says 130 years of history won’t mean much as the foundations of the automobile business come tumbling down. Where I cover energy when the English scientist William Robert Grove built one out of the Montreal Expos 1999. Average year, he offered $ 1,000 to anyone who could perform as well as Vivalla to in... 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