The University of Chicago’s Booth School of Business is quietly giving the world some of its top earning billionaires. These guys have studied hard and gone on to provide the world with major needs when nobody else could come up with the ideas. The school has a huge list of alumni and seems to get shoved under the rug in comparison to the ivy leagues and schools that have produced more well-known billionaires. Either way, the school has built up a strong reputation and is teaching students the right stuff considering where some of these alumni have ended up.
These are the five richest alumni from the Booth School of Business.
5. Peter Peterson – $1.7 Billion
Peter Peterson got his self made billions through the creation of The Blackstone Group, which he sold a majority of his shares away back in 2008, but ended up earning him $1.85 billion from the deal. He was the chairmen of the Lehman Brothers many years ago and has bounced around finding ways to invest and spend his money helping to improve things.
4. Howard Marks – $1.8 Billion
In 1995 Howard Marks founded Oaktree Capital Management, which went public in 2012. Marks actually sold $90 million worth of his shares but still owns about 13% of the company. The man just seems to have a gift at moving money because even last year he sold his mansion in Malibu to a Russian Billionaire for $75 million. He attended the Wharton School of Business for his undergrad and then followed it up with his masters from the Booth School of Business and has a net worth of $1.8 billion.
3. Joe Mansueto – $2 Billion
Joe Mansueto started MorningStar, which offers people investment advice and analysis for a generally affordable price. He began the company with only $80,000 and it took off to become a huge company that has left him with a net worth of $2 billion. The man has an interest in medi and journalism and at one point even considered purchasing Forbes.
2. Anthony Pritzker – $3.1 Billion
Anthony and his brother JB created and still run their company, the Pritzker Group, which is a firm for venture capital and private equity. Their family comes from the line of Hyatt Hotel creator so while a part of his fortune stems from that, it is not to say he hasn’t done anything on his own. Pritzker spent time running other firms and companies until he established his own and currently spreads himself around to many things that has built his net worth up to $3.1 billion.
1. William Conway, Jr. – $3.1 Billion
William Conway created the Carlyle Group, another private equity firm. The company has earned him pretty much all of his money but he has done an amazing job of networking throughout the world and growing his friendships with former presidents and prime ministers. The Carlyle Group was named after the hotel in New York which is where the beginning business deals happened.
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