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Forbes: 10 Billionaires Of The Music Business

Philip Anschutz

2012 net worth: $7.0 billion

2011 net worth: $7.5 billion

Philip Anschutz has made fortunes in oil, railroads and telecom, but his biggest bets are in entertainment. Through Anschutz Entertainment Group, or AEG, he operates dozens of the world's greatest concert venues, including the Staples Center and Nokia Theater in L.A., London's O2, and Shanghai's Mercedes-Benz Arena. He fills his halls with in-house entertainment including Justin Bieber, Taylor Swift and the Black Eyed Peas.

More from Forbes:
Top-Earning Dead Musicians Of 2012
Hip-Hop's Cash Kings
The Top-Paid DJs

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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