In 2037, when Garrett Thornburg is 91 years old, his company will purchase the land and building for $1. Erin Gomez* Learn more about the impact of NDI New Mexico. she says. Whether on the piano, in the studio, on the stage, or on the dance floor, Michael creates Todd has worked for NDI New Mexico since 1999 and has been the Albuquerque Music Director from Dr. Jessie Wenchieh Lo is a performing artist, recording artist, music educator, and music Matthew is an accomplished musician who has been in the New Mexico music scene for the past 6 Alyx Allie is a graduate of New Mexico State Universitys Dance Program under the direction of Pamela has been a dancer, choreographer, educator, and health care provider for most of her life. Shane, a native New Mexican, has been dancing for 22 years and teaching for 15 years. Investment group MatlinPatterson lent Thornburg $1.35 billion in 2008, only to abandon its stake last month. "Garrett is the smartest man I've ever met. In 1997, he bought low-producing gold mine shafts and later turned them profitable. (Forbes discounts the values of stakes when the public float is less than 5%.). In 1989, Thornburg sued the state of New Mexico's Taxation & Revenue Department. "Any way they could find to put a favorable slant on this, they did. Biggs, the former chairman, president and CEO of one of the nations largest financial services companies, TIAA-CREF, must be on any list of Santa Fes wealthiest. The supposed public benefit of the Thornburg campus? Catherine Oppenheimer - United States | Professional Profile - LinkedIn The word came on April Fools' Day. When most people buy a home or office building, they pay annual property taxes. Adenuga, Nigerias second richest man, built his fortune in telecom and oil production. When people start putting "esque" after your name, you've made it. The other part is he wasn't content with making money at that spread, and he leveraged. She graduated Magna Cum Laude with a Bachelors Jennifer has an MFA in Creative Writing, and MA in English from University of New Mexico, and more Marrying art and business, Laurie has worked as an award-winning designer for 25+ years supporting Christine Castrohas more than 25 years of experience leading communications and public Feliciana Warren, Development Associate, a position she has held since August 2019. The lawsuit, which failed, took years to work through the courts. Donate today to Friends of the Reporter. Mohamed Mansour oversees family conglomerate Mansour Group, which was founded by his father Loutfy (D.1976) in 1952 and has 60,000 employees. The company suffered when interest rates rose in 1994. Dentist Peppard, 75, owns the Cottonwood Village mobile home park, assessed as the eighth most valuable property in Santa Fe. Lawrence J Burke At his top, Thornburg's jet landed in Paris; he fished in Patagonia. According to a Bloomberg News profile, Miller, 59, lives in the Maryland suburbs and travels to Santa Fe four times a yearbut hes around enough to make this list. Hamilton, 67, was for decades a senior executive at one of the worlds biggest corporations, Procter & Gamble; in 2005, he joined the board of Dominos Pizza. Steve Tolber*, Visit Our Dance StudiosThe Hiland Theater in Albuquerque & The Dance Barns in Santa Fe, CONTACT USEMPLOYMENTCALENDARFACILITY RENTALSMEDIA ROOMBOARD PORTAL, National Dance Institute of New Mexico is a 501(c)(3) not-for-profit organization and donations are tax-deductible. By all accounts, Bear Stearns wasn't interested. Cohan explains how Thornburg Mortgage funded its operations "most often by obtaining short-term, often overnight, borrowings" backed by the mortgages it held. He has 42 years of experience in the public finance field focusing exclusively on municipal debt issuance and public finance. Thornburg would keep his company stock and his tax-deferred retirement account. "Since there was no statutory basis for tax relief to a private commercial developer, Mr. Trump offered to sell the hotel for $1 to the Urban Development Corporation [where Thornburg was then chief financial officer] and lease it back for 99 years at a modest rental in lieu of taxes." The bills died.) Louise Campbell-Tolber* They own a $1 million home on Camino del Monte Sol, though Caseys LinkedIn profile lists his home as greater New York City. TEX William A Miller Larry Goldstone With $222 million in assets, it is Santa Fes biggest by far. Over the years, his company, The Opppeneim Group, has closed more than $1 billion in sales over the years and has over $100 million in active listings. RT @sir_yb: Abdul Samad Rabiu, the second wealthiest person in Nigeria, has surpassed South African billionaire, Nicky Oppenheimer in net worth, now ranking as the third richest individual in Africa with a net worth of over $8.6 billion. EEE To report this story, SFR scoured Santa Fe County property records, nonprofit tax returns filed with the Internal Revenue Service, philanthropic donor lists, Securities and Exchange Commission filings, private aircraft registrations with the Federal Aviation Administration, political campaign donors through the Federal Election Commission, court records including divorces and lawsuits, press accounts of luxury homes and art collectors, and straight-up town gossip. Documents show Thornburg paid $11,000 in state and local income taxes in 1985. Assessed at nearly $16 The quasi-public sector launched Thornburg to Bear Stearns, the recently deceased investment bank. $1 Million - $5 Million. Net Worth: Relationship: Kids: View Personal Details . The suit also faults executives' pay plan. Under the terms, the city owns the campus property and leases it to Thornburg. Chauna King*, Carol Cochran, ChairDiane Fisher*Peter Frank*, Joelle Mevi, ChairDavid FosterBrian McGrathKatie ThompsonJohn Burnham*Susan Dubin*Lon Erickson*Julia Sze*, Ocean Munds-Dry, ChairPaul CassidyDiane DonigerDavid VogelJulie Bowdich, Kate Moss, ChairJohn BerndtJamai BlivinDavid FosterJesse MartinezDavid VogelElena Tercero*Helen Wertheim*, Peggy Hubbard, Chair $$ish Christopher Doss Casey Thornburg wanted the city to help finance his new campus with a $45 million industrial revenue bond, similar to the deals he had arranged in New York. MacArthur donated $7,900 and $10,000 to Richardsons two gubernatorial runs. He led Naspers to pay a reported $34 million for a third of Chinese Internet firm Tencent Holdings in 2001 perhaps the greatest venture investment ever. He would also keep his father's gun collection and his interest in Thornburg Sheep Co. back in Minnesota. He heads Miller Strategic Consulting, a locally based venture capital firm, and serves on the boards of Hitachi Medical Systems, the biometrics company Lumidigm and SITE Santa Fe. All of the continents billionaires are men; Isabel dos Santos of Angola fell off the Forbes list in January 2021. Charities honored him as a "treasured citizen." Reaud owns the only Gulfstream IV, a 19-passenger business jet that costs roughly $20 million, registered in Santa Fe County. $ish Let's show some leadership.' Where is Yvette Mimieux now? MacArthur, 76, founded and still heads Dynamac, a government contractor with lucrative deals, including a $120 million support contract at NASAs Kennedy Space Center. Sonny Otero Bill Richardson appointed Feinberg to the State Investment Council this year. She has served on many community boards and chaired several of David is an economic development activist & professional photographer currently involved in a variety of projects that focus on community empowerment.