Becoming a millionaire a few months after graduating from law school is pretty amazing. But can you imagine being a billionaire?
Wouldn’t it be nice to be a member of the Forbes 400, the richest people ? Then you can
party on a yacht with models and bottles donate $20 million to the law school that helped launch you along the path of professional success.
| Rank | First Name | Last Name | Net Worth | Law School | Comments | ||
| 9 | S. Robson | Walton | $26.1 | Columbia Law School | Chairman of Wal-Mart, which his father founded. Was a partner at Conner and Winters in Tulsa, Oklahoma, which represented Wal-Mart, before taking over the company after his father's death in 1992. | |
| 36 | Richard | Kinder | $9.4 | University of Missouri | Chairman and CEO of Kinder Morgan, the gas and oil pipeline company he founded; former president of Enron. | |
| 63 | Richard | LeFrak | $5.2 | Columbia Law School | CEO of his family's real estate firm, the LeFrak Organization, which is over a century old. | |
| 69 | Robert | Rowling | $4.9 | Southern Methodist University | Owner and CEO of TRT Holdings, which owns the Omni Hotels and Gold's Gym chains, among many other investments. | |
| 72 | Randa | Williams | $4.7 | University of Houston | Director of Enterprise GP Holdings. Previously practiced law at Butler & Binion and Brown, Sims, Wise & White. | |
| 79 | Trevor | Rees-Jones | $4.5 | Southern Methodist University | Founder and chairman of Chief Oil and Gas. Previously practiced bankruptcy law and oil and gas reorganization law at Thompson & Knight, LLP in Dallas. | |
| 83 | Stephen | Ross | $4.4 | Wayne State University (JD); NYU (LL.M in Taxation) | Founder, CEO and chairman of The Related Companies, a global real estate development firm. Began career as a tax attorney at Coopers & Lybrand in Detroit. | |
| 85 | Robert | Ziff | $4.3 | Cornell Law School | Middle son of publishing magnate William Ziff Jr. Graduated first in his class at Cornell Law School, was editor of the Cornell Law Review, and clerked for Chief Judge Monroe G. McKay of the United States Court of Appeals for the Tenth Circuit in Salt Lake City, Utah after graduation. | |
| 91 | Sumner | Redstone | $4.1 | Harvard Law School | Executive chairman of Viacom and CBS. Began career working for the US Department of Justice Tax Division, then moved into private practice. | |
| 100 | Ted | Lerner | $3.9 | George Washington University (LLB) | Managing principal owner of Lerner Enterprises, a real estate development company. He is also the managing principal owner of the Washington Nationals. | |
| 103 | Sam | Zell | $3.8 | University of Michigan | Chairman of Equity Group Investments, Equity International, Equity Residential, Equity Lifestyle Properties, Anixter, Covanta, and Tribune. | |
| 104 | George | Roberts | $3.7 | UC Hastings | One of the three founders and original partners of Kohlberg Kravis Roberts & Co. (KKR), a multinational private equity firm. | |
| 120 | Steven | Rales | $3.3 | American University | Founder and chairman of Danaher Corporation. Also founded a film production company, Indian Paintbrush, which has produced "The Fantastic Mr. Fox" and "The Darjeeling Limited." | |
| 142 | Riley | Bechtel | $2.9 | Stanford Law School | Chairman and CEO of Bechtel Corporation, the largest construction and engineering company in the United States. He worked for the law firm of Thelen, Marrin, Johnson & Bridges before joining Bechtel. | |
| 170 | David | Bonderman | $2.6 | Harvard Law School | Founding partner of TPG Capital (formerly Texas Pacific Group) and its Asian affiliate, Newbridge Capital. Previously, he was a partner at Arnold & Porter in Washington, D.C., where he specialized in corporate, securities, bankruptcy and antitrust litigation. | |
| 179 | Jay Robert (J.B.) | Pritzker | $2.5 | Northwestern University | Managing partner and co-founder of The Pritzker Group, a private investment firm, founder of New World Ventures, and principal owner of Hyatt Hotels Corporation and TransUnion Corporation. | |
| 190 | Mortimer | Zuckerman | $2.4 | Harvard Law School (LL.M); McGill University (BCL) | Chairman of Boston Properties, Editor-in-chief of U.S. News & World Report, and owner of the New York Daily News. | |
| 190 | Randal | Kirk | $2.4 | University of Virginia | Founder, chairman and chief executive of New River Pharmaceuticals. Previously, practiced law for 11 years in Bland County, Virginia, where he was the only attorney. | |
| 218 | Thomas | Pritzker | $2.2 | University of Chicago | Executive chairman of Hyatt Hotel chain, chairman and CEO of The Pritzker Organization (TPO), founder and Chairman of North America Western Asia Holdings LLC. | |
| 229 | Neil | Bluhm | $2.1 | Northwestern University | Real estate and casino magnate. Hosted Barack Obama's 49th birthday party, where admission was a $30,000 donation to the Democratic party. Previously a partner in Mayer, Brown & Platt in Chicago. | |
| 250 | Michael | Jaharis | $1.9 | DePaul University | Founder of Kos Pharmaceuticals and Vatera Healthcare Partners, and co-founder of Arisaph Pharmaceuticals. | |
| 250 | Donald | Sterling | $1.9 | Southwestern Law School | Real estate mogul and owner of the LA Clippers. Began his career as a divorce and personal injury lawyer. | |
| 250 | David | Rubenstein | $1.9 | University of Chicago | Co--founder of The Carlyle Group, a global private equity firm. Previously practiced law with Paul, Weiss, Rifkind, Wharton & Garrison in New York, and was also in private practice. Was a domestic policy advisor to President Jimmy Carter. Announced this year that he will donate millions to help repair the earthquake damage to the Washington Monument. | |
| 250 | Daniel | Gilbert | $1.9 | Wayne State University (LLB) | Chairman and founder of Quicken Loans Inc., majority owner of the Cleveland Cavaliers, the Lake Erie Monsters, the Cleveland Gladiators and the Canton Charge. He is also the operator of the Quicken Loans Arena in Cleveland and chairman of Rock Gaming. | |
| 271 | Penny | Pritzker | $1.8 | Stanford Law School | Founder and current chair of Classic Residence by Hyatt. Was the national finance chair of Barack Obama's presidential campaign in 2008. Graduated from Stanford's MBA/JD program. | |
| 284 | Gerald J. | Ford | $1.75 | Southern Methodist University | Managing Member, Ford Financial Fund. Known for buying and selling thrift banks. Not to be confused with former President Gerald Ford. | |
| 285 | Daniel | Pritzker | $1.7 | Northwestern University | One of the 10 members of the Pritzker family on the Forbes 400. Is a professional musician and filmmaker. | |
| 311 | Joe | Jamail, Jr. | $1.5 | University of Texas at Austin | America's wealthiest practicing lawyer. Nicknamed the "King of Torts." Represented Pennzoil against Texaco in 1987 and received $345 million in contingency fees. | |
| 328 | Peter | Thiel | $1.4 | Stanford Law School | Former CEO and co-founder of PayPal, and made the first outside investment in Facebook ($500,000). Managing partner in The Founders Fund and president of Clarium Capital. Previously, clerked for Judge J.L. Edmondson of the United States Court of Appeals for the 11th Circuit. | |
| 328 | Bruce | Karsh | $1.4 | University of Virginia | Co-founder and owner of Oaktree Capital Management. Previously, was an appellate clerk to SCOTUS justice Anthony M. Kennedy, and worked at O'Melveny & Myers. | |
| 347 | Marc | Lasry | $1.3 | New York Law School | Founder of Avenue Capital Group, which operates as both a private equity firm and a hedge fund.Previously clerked for the Honorable Edward Ryan, former Chief Bankruptcy Judge of the Southern District of New York. | |
| 360 | Leon | Charney | $1.2 | Brooklyn Law School | Began career as an entertainment lawyer, representing Sammy Davis Jr., among others. Was an advisor to President Jimmy Carter and helped broker the Camp David Accords. Is a major real estate owner in NYC's Times Square. | |
| 360 | Todd | Wagner | $1.2 | University of Virginia | Co-founder of Broadcast.com, which he sold to YahooI for $5.7 billion in 1999. Now co-owns 2929 Entertainment, along with other entertainment properties, including Magnolia Pictures, te Landmark Theatres chain, and HDNet Films. Previously practiced law at Akin, Gump, Strauss, Hauer & Feld, as well as Hopkins & Sutter. | |
| 360 | Bernard | Saul, II | $1.2 | University of Virginia (LLB) | Chairman and CEO of Saul Centers Inc., a real estate investment firm that operates primarily shopping centers in the Washington DC and Baltimore area. Owner of BF Saul Hotels, which owns 19 hotels, including the Hay-Adams hotel, located across the street from the White House. Owner of Chevy Chase Trust. | |
| 392 | Paul | Singer | $1.1 | Harvard Law School | Founder and CEO of Elliott Management Corporation, which manages the hedge funds Elliott Associates, LP and Elliott International. Republican who has donated more than $11 million in support of LGBT rights. Previously worked for coporate law firms and investment banks in New York. |
Congratulations to all the lawyers on the Forbes 400. For some people, the J.D. turns out to be a billion-dollar degree.[1]
1. Yes, we know that there’s only one practicing lawyer on this list (Joe Jamail), meaning that most of these folks either inherited their money or made it in business, not law. But a number of them have spoken about how their legal background and training helped them in the business world. Also — can you really fault us for trying to share some happy news in these pages?
Culled from www.Above the law.com
Culled from www.Above the law.com
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