Philip Anschutz: A Diverse Business Portfolio

Philip Frederick Anschutz is an American billionaire businessman known for his extensive involvement in various industries, including energy, railroads, real estate, sports, newspapers, movies, theaters, arenas, and music.

Over the last fifty years, Anschutz has amassed significant wealth in oil, railroads, telecommunications, real estate, and entertainment. His diverse business interests showcase his ability to navigate and succeed in multiple sectors.

In the sports industry, Anschutz is the majority owner of the NHL’s Los Angeles Kings and holds a stake in the MLS’s Los Angeles Galaxy. He also owns the Crypto.com Arena, where the Kings play their home games. This arena is a major venue for sports and entertainment events in Los Angeles.

Anschutz’s influence extends globally through the Anschutz Entertainment Group (AEG), which owns, operates, or is affiliated with 350 arenas and concert venues worldwide. This makes AEG a significant player in the global entertainment industry.

In addition to his entertainment ventures, Philip Anschutz is making strides in renewable energy. He plans to develop one of the world’s largest wind farms on his 320,000-acre property in Wyoming. This project highlights his commitment to diversifying his investments and contributing to sustainable energy solutions.

Anschutz’s entrepreneurial spirit was evident from a young age. At six years old, he demonstrated his business acumen by selling Kool-Aid on a nearby college campus using a wheeled stand he constructed himself. This early venture foreshadowed his future success as a businessman.

Philip Anschutz’s ability to succeed in a wide range of industries speaks to his versatility and strategic thinking. His contributions to sports, entertainment, and renewable energy continue to have a significant impact, making him a notable figure in the business world.