Outing the Oligarchy - International Forum on Globalization
Outing the Oligarchy - International Forum on Globalization
Outing the Oligarchy - International Forum on Globalization
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— INDIVIDUALS OF UNDUE INFLUENCE —<br />
PHILIP ANSCHUTZ, USA<br />
$7 BILLION [AS OF SEPTEMBER 2011]<br />
Wealth: Philip Anschutz has built his fortune <strong>on</strong> railroads, oil, telecom and entertainment. In 2010, he earned<br />
$2 billi<strong>on</strong> from <str<strong>on</strong>g>the</str<strong>on</strong>g> sale of his gas and oil fields. His full or partial holdings include:<br />
o Qwest Communicati<strong>on</strong>s, a telecommunicati<strong>on</strong>s carrier in 14 western U.S. states.<br />
o Uni<strong>on</strong> Pacific Railroad.<br />
o Regal Entertainment Group, <str<strong>on</strong>g>the</str<strong>on</strong>g> largest movie <str<strong>on</strong>g>the</str<strong>on</strong>g>ater chain in <str<strong>on</strong>g>the</str<strong>on</strong>g> world.<br />
o Anschutz Company, which has stakes in five U.S. soccer teams, including <str<strong>on</strong>g>the</str<strong>on</strong>g> MLS’s San Jose<br />
Earthquakes, Los Angeles Galaxy, Chicago Fire and Colorado Rapids; <str<strong>on</strong>g>the</str<strong>on</strong>g> NHL’s Los Angeles Kings;<br />
<str<strong>on</strong>g>the</str<strong>on</strong>g> NBA’s Los Angeles Lakers; <str<strong>on</strong>g>the</str<strong>on</strong>g> Staples Center and <str<strong>on</strong>g>the</str<strong>on</strong>g> Kodak Theater in Los Angeles; and <str<strong>on</strong>g>the</str<strong>on</strong>g><br />
L<strong>on</strong>d<strong>on</strong> Arena.<br />
o Forest Oil: oil and natural gas, primarily in <str<strong>on</strong>g>the</str<strong>on</strong>g> Gulf of Mexico, Alaska and Western Canada.<br />
Power Networks: Anschutz has given milli<strong>on</strong>s of dollars to c<strong>on</strong>servative Republican candidates, resulting in<br />
leaders that have c<strong>on</strong>sistently killed climate legislature. He spends milli<strong>on</strong>s more every year to subsidize his<br />
Clarity Media Group, which includes <str<strong>on</strong>g>the</str<strong>on</strong>g> San Francisco Examiner, Washingt<strong>on</strong> Examiner, Examiner.com, Weekly<br />
Standard and o<str<strong>on</strong>g>the</str<strong>on</strong>g>r publicati<strong>on</strong>s—all of which are m<strong>on</strong>ey-losing and aggressively c<strong>on</strong>servative. Anschutz is an<br />
active patr<strong>on</strong> of religious and c<strong>on</strong>servative causes, including: <str<strong>on</strong>g>the</str<strong>on</strong>g> Discovery Institute, a Seattle-based thinktank<br />
that criticizes evoluti<strong>on</strong> and promotes <str<strong>on</strong>g>the</str<strong>on</strong>g> c<strong>on</strong>cept of “intelligent design;” <str<strong>on</strong>g>the</str<strong>on</strong>g> Parents Televisi<strong>on</strong><br />
Council, a group that protests “indecency” <strong>on</strong> televisi<strong>on</strong>; and Foundati<strong>on</strong> for a Better Life, which he founded<br />
in 2000 with a $700 milli<strong>on</strong> endowment to deliver a feel-good, family-values message to <str<strong>on</strong>g>the</str<strong>on</strong>g> American<br />
populace.<br />
Envir<strong>on</strong>ment: The Discovery Institute is a major global-warming denier but Anschutz is hedging his bets.<br />
While <str<strong>on</strong>g>the</str<strong>on</strong>g> Anschutz Corp. is heavily invested in oil and gas, Anschutz also is developing a 2,000-MW,<br />
100,000-acre wind farm in sou<str<strong>on</strong>g>the</str<strong>on</strong>g>rn Wyoming and a 3,000-MW, 900-mile-l<strong>on</strong>g transmissi<strong>on</strong> line to bring its<br />
power to customers in Sou<str<strong>on</strong>g>the</str<strong>on</strong>g>rn California, Las Vegas and Phoenix. 115<br />
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