Philip Anschutz's Biography

Philip Anschutz is an American billionaire businessman, investor, and philanthropist, best known for building a sprawling empire that touches nearly every facet of American life. Born on December 28, 1939, in Kansas, Anschutz started his business career in the oil industry, making his first fortune by investing in Wyoming oil fields. Over the decades, he has diversified his holdings into railroads, real estate, telecommunications, sports, and entertainment, with The Anschutz Corporation at the center of his operations. As owner of AEG (Anschutz Entertainment Group), he has a significant presence in the sports and live entertainment sector, including ownership stakes in the LA Galaxy, the Staples Center, and music festivals like Coachella. Anschutz is also known for his significant philanthropic contributions, especially in education, medicine, and the arts. Despite his immense wealth and influence, he maintains a low public profile and shuns social media. His business acumen has earned him numerous awards, but his political contributions and funding of conservative causes have sparked some controversy. Today, with a net worth of over $11 billion, Philip Anschutz continues to be a major force in American business, shaping industries from behind the scenes while supporting causes close to his heart.