Billionaire tycoon hits ground running

12 April 2012

PHILIP ANSCHUTZ has been called 'the richest American you've never heard of'. The son of an oil pioneer, he was born in Kansas in 1939.

When he was nine he is said to have set up a drinks stand on roller skates and taken it to the nearby college campus where he sold refreshments to pupils and staff.

The Anschutz Corporation is worth $9.6bn (£6.6bn) amassed through audacious ventures in oil exploration in the 1960s, gas in the 1970s and railways in the 1980s.

A telecoms business followed, as did investment in entertainment and sporting venues. Fortune magazine described Mr Anschutz as the 'billionaire next-door'.

A churchgoer who runs marathons and rarely drinks alcohol, his motto for business may assist his effort to transform the Dome site. 'Take action,' he says. 'When you take action you can create the outcome.'

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