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Billionaire Profile
Philip Anschutz
Global Rank
#142

Image: KCBalletMedia | CC BY 2.0 | via Wikimedia Commons

Philip Anschutz

CEO, Energy
Denver, Colorado
Real-Time Net Worth
$19.3B
Estimated based on Energy stock value as of September 10, 2026
0% (24h)
Age
86
Source
Energy, sports, entertainment
Industry
Finance & Investments
Citizenship
United States

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.

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Data Updated
Sep 10, 2026
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Wealth Over Time

Net Worth History

YearNet Worth
2026$19.3B
2025$19.4B
2024$19.4B

Portfolio Holdings

Los Angeles Galaxy (MLS)

Los Angeles Galaxy (MLS)

Sports
Los Angeles, California
Los Angeles Kings (NHL)

Los Angeles Kings (NHL)

Sports
Los Angeles, California

In-Depth Profile

Philip Anschutz Net Worth in 2026

Philip Anschutz's fortune reflects listed equity, private company stakes, and other assets tied to Energy, sports, entertainment. Our current estimate stands at $19.4B, updated from Forbes Real-Time Billionaires data and cross-checked against company ownership records where disclosed. Rankings can shift quickly when a core holding re-prices on public markets or a private valuation is revised after a funding round.

How Philip Anschutz Built Their Wealth

Philip Anschutz accumulated wealth through Energy, sports, entertainment. Energy remains the central operating company in most public estimates, meaning its valuation and Philip Anschutz's reported ownership stake drive much of the net worth figure. Early career decisions, founding roles, and subsequent scaling of operating businesses typically explain how concentrated equity positions became a global top-tier fortune.

Portfolio and Business Context

Shareholding tables, financial history charts, and linked company profiles on this page show how Philip Anschutz's wealth shifts with market cycles. Compare year-over-year net worth history, related billionaire profiles, and sector rankings for additional context. When multiple companies appear in the source-of-wealth field, treat each as a separate exposure: public tickers update daily, while private assets may revalue only when credible transactions or disclosures occur.

How We Research This Profile

Editors combine Forbes billionaire list data, company market capitalization, disclosed ownership where available, and historical net worth series stored in our database. We do not publish synthetic chart points—only documented years appear in financial history modules. See our methodology page for sourcing standards and the corrections page to flag material errors.

Career Milestones

1961

Took over Circle A Drilling

Took over his father's oil drilling company and started his career in the oil business.

1967

Oil discovery

Discovered a major oil field in Wyoming, which led to significant financial gains.

1982

Sold oil field interests

Sold interests in his Wyoming oil field to Mobil for $500 million, providing capital for future ventures.

1984

Entered the Railroad Business

Purchased the Rio Grande Railroad's holding company.

1994

Founded AEG

Founded Anschutz Entertainment Group (AEG), a major entertainment and sports company.

Philanthropy & Social Impact

Education/Healthcare

Anschutz Medical Campus

$100M+

Major contributions to the University of Colorado Anschutz Medical Campus.

Health/Social Causes

Elton John AIDS Foundation

$1M

Donation to the Elton John AIDS Foundation.

Business Philosophy & Leadership

Notable Quotes

"“The world is full of nice hotels, but it is not full of great hotels.”"

"“As a wildcatter, 95 percent of everything you do is failure – most holes are dry.”"

Leadership Principles

Diversification

Investing in various sectors to mitigate risk.

Long-Term Vision

Focusing on long-term investments and building sustainable businesses.

Identifying Undervalued Assets

Finding and improving underperforming assets.

Controversies & Challenges

2017

Anti-LGBTQ Allegations

Criticism over donations to anti-LGBTQ organizations. Anschutz denied these claims.

2000-2001

Tax Avoidance

Used prepaid variable forward contracts to avoid capital gains taxes.

Billionaires Connected to Philip Anschutz

Peers in Finance & Investments

All Finance & Investments billionaires

Richest in United States

All billionaires from United States

Adjacent Global Ranks

Full global ranking

Frequently Asked Questions

What is Philip Anschutz's net worth in 2026?
As of 2026, Philip Anschutz's estimated net worth is $19.3 billion, ranking #142 among the world's billionaires. The estimate is based on publicly available shareholding data and market prices, updated daily.
How did Philip Anschutz make their money?
Philip Anschutz's wealth primarily comes from Energy, sports, entertainment, most notably through Energy.
Where is Philip Anschutz from?
Philip Anschutz is from United States.
How old is Philip Anschutz?
Philip Anschutz is 86 years old.

Sources & References

  1. Philip Anschutz — Forbes profile Forbes