Philip Anschutz

$19.40 B

Ranked #131 in World

About Philip Anschutz

Finance magnate Philip Frederick Anschutz, born December 28, 1939, in Russell, Kansas, carved his niche in multiple industries from an early start at his father's oil drilling company. After acquiring Circle A Drilling in 1961 post his University of Kansas graduation, Anschutz expanded into real estate, stocks, and railroads, while influencing sports through Major League Soccer co-founding and Los Angeles Kings ownership. With vast land acquisitions, Anschutz propelled into the business elite, complemented by philanthropic contributions to education and the arts. Though embroiled in legal challenges, his legacy includes strategic investments in entertainment, particularly AEG, while maintaining a low public profile.

Born

December 28, 1939 in Russell, Kansas, U.S.

Age

86 years

Source Of Wealth

Energy, Sports, Entertainment

Industries

Finance & Investments

Citizenship

United States

Residence

Denver, Colorado

Education

Bachelor of Arts/Science, University of Kansas

Spouse

Nancy Anschutz

Children

Philip Frederick Anschutz was born on December 28, 1939, in Russell, Kansas. His father, Fred Anschutz, was an oil tycoon and land investor, while his mother, Marian Pfister Anschutz, was a homemaker. Philip graduated from Wichita High School East in 1957 and went on to earn a bachelor's degree in business from the University of Kansas in 1961.

Philip Anschutz: Family

Philip Anschutz is married to Nancy Anschutz, and they have three children together. He is a devout member of the Evangelical Presbyterian Church and prefers to keep his personal life private, rarely granting media interviews.

Philip Anschutz: Career Highlights

After graduating from college, Philip Anschutz bought out his father's oil drilling company, Circle A Drilling, in 1961. He then expanded his business ventures into stocks, real estate, and railroads. Anschutz co-founded Major League Soccer (MLS) and owned several soccer teams, including the LA Galaxy. He is also the principal owner of the Los Angeles Kings (NHL) and was a former minority owner of the Los Angeles Lakers (NBA).

Anschutz has made significant investments in performance venues, including Staples Center, The O2 (London), and Dignity Health Sports Park. Through his company AEG Live, he owns the Coachella Valley Music and Arts Festival, Sea Island Resorts, and The Broadmoor hotel.

Philip Anschutz: Companies

Philip Anschutz has founded and acquired numerous companies throughout his career. He is the founder of Anschutz Entertainment Group (AEG), the world's largest owner of sports teams, sports events, and sports venues. AEG owns entertainment venues and is the second-largest presenter of live music and entertainment events after Live Nation.

Anschutz also has investments in various industries, including oil and gas, media, and real estate. He owns Regal Entertainment Group, the second-largest movie theater chain globally, and multiple newspapers and media groups, including The Oklahoman, The Washington Examiner, and The Gazette. Anschutz has invested in Clarity Media Group, NRC Broadcasting, LightEdge Solutions, and the Power Company of Wyoming.

Philip Anschutz: Major Achievements

Philip Anschutz has achieved remarkable success in various business ventures.

He was named the fifth most influential person in sports business by SportsBusiness Journal in 2012 and received the National Soccer Hall of Fame's Medal of Honor for his contributions to soccer growth in the United States. Anschutz was instrumental in building soccer-specific stadiums and creating Soccer United Marketing for MLS.

In the oil and gas industry, Anschutz made a significant fortune by acquiring 9 million acres along the Utah-Wyoming border in 1971, leading to the discovery of the Anschutz Ranch oil field, the largest in the US since 1968. He later sold an interest in the oil field to Mobil Oil for $500 million in 1982.

Philip Anschutz: Awards & Achievements

Philip Anschutz has received numerous awards and recognitions for his business achievements and philanthropy. He was inducted into the Kansas Business Hall of Fame in 2000 and the U.S. Business Hall of Fame in 2002. Anschutz received the William E. Simon Prize for Philanthropic Leadership in 2009 for his significant contributions to various charitable causes.

Philip Anschutz: Personal Life & Legacy

Philip Anschutz is known for his private nature and has granted few media interviews throughout his career. He is an avid runner and has completed 15 marathons. Anschutz is actively involved in philanthropy through the Anschutz Foundation, contributing over $100 million to the Anschutz Medical Campus at the University of Colorado and donating to his alma mater, the University of Kansas.

Philip Anschutz: Trivia

Here are some interesting facts about Philip Anschutz:

Anschutz is a licensed pilot and owns several private planes.
He is a major donor to the Republican Party and conservative causes.
Anschutz has been involved in several legal disputes related to land and water rights.
He is a strong advocate for environmental conservation and sustainable practices.
Anschutz is a member of the board of trustees of the Eisenhower Fellowships.

Wealth History

Timeline

December 28, 1939

Philip Frederick Anschutz is born in Russell, Kansas.

1957

Graduates from Wichita High School East.

1961

Earns a bachelor's degree in business from the University of Kansas.

1961

Buys out his father's oil drilling company, Circle A Drilling.

1970

Buys Baughman Farms, one of the largest farming corporations in the country.

1971

Acquires 9 million acres along the Utah-Wyoming border, leading to his first fortune in the oil business.

1982

Sells an interest in the oil field to Mobil Oil for $500 million.

1984

Enters the railroad business by purchasing Rio Grande Railroad's holding company.

1988

Acquires Southern Pacific Railroad under his direction.

1996

Becomes vice-chairman of Union Pacific after the merger of Southern Pacific and Union Pacific Corporation.

2000

Inducted into the Kansas Business Hall of Fame.

2002

Inducted into the U.S. Business Hall of Fame.

2009

Receives the William E. Simon Prize for Philanthropic Leadership.

2012

Named the fifth most influential person in sports business by SportsBusiness Journal.

Philip Anschutz : FAQs

What is Philip Anschutz's current net worth?

Philip Anschutz's current net worth is $19.40 billion.

What is Philip Anschutz's current global rank among billionaires?

Philip Anschutz holds the 131st position globally among billionaires.

What is Philip Anschutz's current ranking within the United States?

Philip Anschutz holds the 53rd position in United States.

What was the change in Philip Anschutz's net worth compared to the previous year?

Philip Anschutz's net worth decreased by 0 million dollars compared to the previous year 2025, when his net worth was 19.40 billion dollars.

What are Philip Anschutz's main sources of wealth?

Philip Anschutz's main source of income comes from Energy, Sports, Entertainment.

In which industry does Philip Anschutz primarily operate?

Philip Anschutz is primarily involved in the Finance & Investments industry.

What is Philip Anschutz educational background?

Philip Anschutz holds a Bachelor of Arts/Science from the University of Kansas.

How old is Philip Anschutz?

Philip Anschutz is 86 years old.

How many children does Philip Anschutz have?

Philip Anschutz has 3 children.

Who is Philip Frederick Anschutz and what is his background?

Philip Frederick Anschutz, born on December 28, 1939, in Russell, Kansas, is the son of oil tycoon Fred Anschutz. He graduated from Wichita High School East in 1957 and earned a bachelor's degree in business from the University of Kansas in 1961.

How did Philip Anschutz build his fortune in the oil industry?

Philip Anschutz built his oil fortune by buying Baughman Farms in 1970 and acquiring 9 million acres along the Utah-Wyoming border in 1971, where he discovered the Anschutz Ranch, the biggest oil field found in the US since 1968. He sold part of this oil field to Mobil Oil for $500 million in 1982.

What sports teams and entertainment ventures does Philip Anschutz own?

Philip Anschutz co-founded MLS and owns the LA Galaxy. He was a principal owner of the Los Angeles Kings (NHL), a former minority owner of the Los Angeles Lakers (NBA), and owns stakes in venues like Staples Center and The O2. His company, AEG, is a premier sports and music entertainment presenter.

What are some of Philip Anschutz's significant business ventures outside of entertainment and sports?

Outside of entertainment and sports, Philip Anschutz invests in oil and gas, media, and real estate. He owns Regal Entertainment Group, several newspapers like The Oklahoman, media groups such as Clarity Media Group, and energy-focused companies like LightEdge Solutions and the Power Company of Wyoming.

What role has philanthropy played in Philip Anschutz's life?

Philanthropy is a major aspect of Anschutz's life. Through the Anschutz Foundation, he has donated over $100 million to the Anschutz Medical Campus at the University of Colorado and contributed to his alma mater, the University of Kansas. He received the William E. Simon Prize for Philanthropic Leadership in 2009.