Biography
Philip Anschutz is among the world's most closely watched billionaires from UNITED STATES, with an estimated fortune of $19.4B. The bulk of Philip Anschutz's wealth comes from Energy, sports, entertainment, closely tied to Energy. Philip Anschutz, born December 28, 1939, is an American billionaire businessman. His wealth stems from diverse investments in the energy, sports, and entertainment industries. With an estimated net worth of $19.4 billion as of early 2024, Anschutz is ranked among the wealthiest individuals globally. His career began in the oil industry, where he made his initial fortune. He later expanded into railroads, telecommunications, and, most notably, the sports and entertainment sectors, where he has achieved significant success. Anschutz's ventures include ownership of the Los Angeles Kings (NHL), the LA Galaxy (MLS), and the Crypto.com Arena. He also founded the Anschutz Entertainment Group (AEG), a major player in live entertainment. Key career milestones include Took over Circle A Drilling (1961); Oil discovery (1967); Sold oil field interests (1982); Entered the Railroad Business (1984). This profile documents verified holdings, career milestones, and multi-year net worth history drawn from Forbes rankings, company filings where available, and our editorial methodology. Readers use it to understand how public markets, private company stakes, and major business bets shape one of the largest personal fortunes on record. Wealth estimates move with stock prices, funding rounds, and disclosed transactions—figures on this page are research estimates, not cash balances. We publish year-by-year net worth history when verified data exists, link to primary sources, and update profiles when Forbes Real-Time Billionaires or major filings change the picture materially. For investors and researchers, the most useful reading pairs the headline number with ownership structure, geography, sector exposure, and the multi-year history chart on this page—especially during volatile markets when single-day moves can shift rankings without any operational change at the underlying companies.