Philip Anschutz Net Worth (Updated 2026).
Philip Anschutz, born in 1940, began his career in the oil and gas industry, a path paved by his father’s influence. After graduating from the University of Kansas with a degree in business administration, he joined his family’s company, working his way up from the ground floor. His first significant venture was purchasing a small oil and gas company, Regency Resources, in the 1960s, which he grew into a substantial enterprise through strategic acquisitions and shrewd business decisions.
Anschutz’s fame began to rise in the late 1980s and early 1990s when he expanded his business interests beyond oil and gas. He founded Qwest Communications, a telecommunications company, in 1982, which eventually became one of the largest long-distance and local phone companies in the United States. This venture, along with his continued success in the energy sector, brought him significant recognition and wealth, making him a prominent figure in the American business landscape.
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Philip Anschutz’s Current Net Worth (2025)
As of 2025, Philip Anschutz’s current net worth is estimated to be around $12.5 billion, according to Forbes. This makes him one of the wealthiest individuals in the United States.
Career
Philip Anschutz, born in 1939, is a self-made billionaire who built his fortune through a variety of businesses. He began his career in the oil and gas industry, founding his first company, Anschutz Exploration Corporation, in 1961. He later expanded into railroads, sports teams, and entertainment.
Other Ventures
Anschutz is the founder and chairman of AEG, a global sports and entertainment company. He also owns the Los Angeles Kings (NHL), the Los Angeles Galaxy (MLS), and the Staples Center in Los Angeles. Additionally, he has investments in real estate, film production, and publishing.
Assets
Anschutz’s assets include his stake in AEG, his sports teams, and his real estate holdings. He also owns a significant collection of art and has made substantial donations to various charitable causes. His primary residence is a ranch in Colorado, valued at over $50 million.
Annual Income
Anschutz’s annual income is primarily derived from his investments and business ventures. His exact earnings are not publicly disclosed, but it’s estimated that he makes tens of millions of dollars each year from his various business interests. His wealth has grown significantly over the years, reflecting his successful business acumen and strategic investments.
Frequently Asked Questions about Philip Anschutz
**Frequently Asked Questions: Philip Anschutz Net Worth**
1. What is Philip Anschutz’s net worth?
Philip Anschutz’s net worth is estimated to be around $12.6 billion.
2. How did Philip Anschutz make his fortune?
Anschutz made his fortune through various business ventures, primarily in oil, railroads, and entertainment. He founded the Anschutz Corporation, which has interests in oil and gas exploration, railroads, and real estate. He also owns AEG, a global sports and entertainment company.
3. What is Philip Anschutz’s age?
Philip Anschutz was born on December 28, 1939, making him 83 years old.
4. Where does Philip Anschutz live?
Anschutz resides in Denver, Colorado.
5. What is Philip Anschutz’s political affiliation?
Anschutz is a registered Republican and has been a significant donor to the Republican Party.
6. What is Philip Anschutz’s educational background?
Anschutz graduated from the University of Kansas with a degree in business administration.
7. What are some of the companies Philip Anschutz owns?
Anschutz owns or has interests in numerous companies, including AEG, The Anschutz Corporation, QEP Resources, and the Coors Field baseball stadium in Denver.
8. What is Philip Anschutz’s philanthropic work?
Anschutz has been involved in various philanthropic activities, including donating to the University of Kansas Medical Center and the Anschutz Medical Campus in Aurora, Colorado.
9. What are some of the controversies surrounding Philip Anschutz?
Anschutz has faced controversies due to his political donations and the activities of some of the organizations he has funded. He has also been criticized for his company’s environmental record.
10. What is Philip Anschutz’s height?
Philip Anschutz is 5 feet 10 inches (178 cm) tall.
