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Article Type: Abstracts From: Strategic Direction, Volume 27, Issue 6

Helman C.Forbes, November 2010, Volume 186 Issue 8, Start page: 56, No. of pages: 4

Presents a profile of Philip Anschutz, the billionaire financier and entrepreneur, on his work to create fortunes in businesses associated with oil,railways, telecommunications, and entertainment. Focuses on Anschutz’s lifestyle, his philosophy of life and work, and the way he manages such a diverse range of businesses. Pays particular attention to his work in the entertainment and concert industry, through his company AEF, with his company currently second only to Live Nation in the 4.4 billion US dollar a year concert business. Reports the value of the individual components of the Anschutz empire,comprising: oil and gas exploration (3.0 billion US dollars); entertainment venues (such as Los Angeles’s Staples Center and London’s O2) (2.5 billion US dollars); Regal Entertainment theatre chain (1.5 billion US dollars);sports teams (500 million US dollars); and the Great Outdoors ranches and Xanterra parks & Resorts (400 million US dollars)Article type:ViewpointISSN: 0015-6914Reference: 40AA785

Keywords: Entrepreneurship, Organizations, Senior management, United States of America

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