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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. (MLS)
10 Billionaires ...They may not all own record companies, but from Richard Branson to Sean Parker each of these billionaires has a hand in music. Read on for the full list. (AFP/Getty)
Google's Sergey Brin saw his fortune drop by $1.1 billion in the past year thanks to a 3% dip in the search giant's stock. While cofounder Larry Page replaced Eric Schmidt as CEO last year, Brin has been heading up special projects, reportedly including a secretive hardware laboratory known as Google X. Another initiative: Google Music. (Forbes Image)
Since taking the reins from former Google CEO Eric Schmidt last year, Larry Page has had his share of highs and lows. His net worth took a $1.1 billion dip along with Google's stock price, which dropped 3% year on year. Will Google Music help right that trend? Only time will tell. (Forbes Image)
Amazon kingpin Jeff Bezos is $300 million richer year on year thanks to a slight uptick in Amazon's stock. Amazon’s music service continues to be a major force in the industry. (Spencer Platt/Getty Images)
The Russian-American industrialist had a fantastic 2011, buying Warner Music for $3.3 billion this summer—an asset that has already appreciated based on the sale price of EMI for $4.1 billion months later. Stakes in other companies, including chemical maker LyondellBasell and Russian oil company TNK-BP, continued to pad his fortune. (WireImage)
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. (MLS)
A 2010 inductee to the Rock and Roll Hall of Fame, Geffen founded Asylum Records and Geffen Records, launching the careers of the Eagles, Aerosmith and Guns N' Roses. In 1990 he sold out to MCA for $550 million. Geffen's fortune continues to rise thanks to the increasing value of his massive contemporary art collection. (Getty)
Branson got his start in music and still controls hundreds of radio stations, but he’s shifting his attentions to other areas. In October, Branson opened the world's first commercial spaceport in the New Mexico desert (he rappelled down the side of the huge glass SpacePort America building while popping champagne, of course). (AP)
Cirque du Soleil founder Guy Laliberte became the first fire-breather in space when he blasted into orbit in 2009, following six months of training in Russia. Back on Earth, Cirque's revenues have crossed the $1 billion threshold on the strength of shows throughout the U.S., Europe, Asia and Africa, including the popular Michael Jackson Immortal World Tour. (AFP/Getty)
Facebook's first president is looking to disrupt the Web once again with Airtime, the social video site he plans to launch with his Napster co-founder, Shawn Fanning, by the end of 2012. He's also looking to fix the very music industry he helped break with Napster in 1999 as investor and board member of Swedish music platform, Spotify. The former hacker will likely see his fortune surge even higher after Facebook goes public this spring. (Forbes Image)
