OCBJ SPECIAL REPORTS

Michele Johnson: Litigator, Leader

LAW: Securities work; US Soccer representationLifetime of legal toil, honor

BILLIONAIRES with boats

THE MONEY: Developer of high-end retail properties in Southern California including The Grove, the Americana at Brand and the Palisades Village.

BILLIONAIRES with boats

THE MONEY: Argyros family owns and runs Costa Mesa-based Arnel & Affiliates, a development and investment company George started in 1968.

BILLIONAIRES with boats

Larry Van Tuyl

THE MONEY: Van Tuyl’s father, Cecil, opened the family’s car dealership in 1952. Van Tuyl joined the company in 1971, helped build it into the third-largest car dealership network in the country by late 1990s. Sold a controlling interest in his family’s car dealerships to Berkshire Hathaway for a reported $4.1 billion in stock in March 2015, when group counted some 78 dealerships, which together sold 240,000 vehicles per year and in 2013 had almost $8 billion in revenue.

Sporting Goods

THE MONEY: Owner of baseball team that Forbes ranks as ninth most valuable in MLB, at nearly $2 billion. Last year, team brought in some $150 million in revenue, well down from prior years due to the pandemic’s impact on attendance.

Sporting Goods

THE MONEY: Co-founded video portal Broadcast.com in 1995; sold it to Yahoo for $5.7 billion in 1999. Bought majority stake in NBA franchise in 2000 for $285 million from H. Ross Perot Jr. The Dallas Mavericks now valued at $2.4 billion, per Forbes.

A Fortune in Food

THE MONEY: Upon turning 35, took over 96% ownership of the Irvine-based burger chain founded in 1948 by her paternal grandparents, Harry and Esther Snyder. She had seen a slow increase in her holdings in the company for a decade as part of a trust created by her grandparents.

A Fortune in Food

THE MONEY: Local residents who run and are main shareholders in Corona-based Monster Beverage Corp.

A Fortune in Food

THE MONEY: In 1987, took over family-owned beef supplier business started by grandfather in 1920, and grew it multiple times over. It is now the fifth-largest beef producer in the country. Forbes reports the company brings in nearly $1.7 billion annually.

A Fortune in Food

THE MONEY: Along with his brother David, co-founded Chef America Inc., a frozen foods company that sold in 2002 to Nestlé for $2.6 billion. Name on top of UCI Business School.

SAP Fortune Makers

THE MONEY: Plattner and a handful of other former IBM employees started Germany’s SAP, an enterprise software company that went public in 1988 and is now one of the world’s largest software companies, valued at nearly $180 billion. Counted a nearly 6% stake as of late last year, shares now valued at a little over $10 billion. Stepped down as CEO in 2003, still chairs the company’s advisory board.

SAP Fortune makers

THE MONEY: Co-founded Provo, Utah-based cloud computing company Qualtrics in 2002 with his brother, Ryan, and father, Scott; Ryan was the CEO. Days before its scheduled IPO in early 2019, Qualtrics was acquired by German software firm SAP for $8 billion in cash. Jared and Ryan still run Qualtrics as a unit inside SAP, according to Forbes, which estimates Jared’s fortune as a result of the sale at $1.3 billion.

Stock Stars

THE MONEY: Founder of company that ranked among nation’s largest nonbank mortgage lenders.

Stock Stars

THE MONEY: Runs one of Orange County’s best-known brands, maker of flat-panel smart TVs, sound bars and other products.

Stock Stars

THE MONEY: Co-founded medical monitoring device company in 1989. Has 8.6% stake in firm, according to the company’s April proxy statement. Shares in company stock are up about 15% to a $14.4 billion market cap this year; the prior 12 months, Masimo stock increased 40%. It’s now OC’s third-most valuable public company.

Stock Stars

THE MONEY: Gained about $800 million in 2012 from sale of Quest Software to Dell. Used proceeds to start Toba Capital, OC’s largest venture capital with $1.3 billion of assets under management.

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