Philip Anschutz Net Worth

Businessman and sports owner
BillionaireBusiness
Estimated net worth
$19.3B
Source: Forbes Real-Time Billionaires, October 20, 2026. Updated October 20, 2026.

Philip Anschutz’s net worth over time

$10.9B: Forbes World's Billionaires List 2019 estimate, 2019$10.9B2019$11B: Forbes World's Billionaires List 2020 estimate, 2020$11B2020$10.1B: Forbes World's Billionaires List 2021 estimate, 2021$10.1B2021$10.9B: Forbes World's Billionaires List 2022 estimate, 2022$10.9B2022$10.9B: Forbes World's Billionaires List 2023 estimate, 2023$10.9B2023$15.3B: Forbes World's Billionaires List 2024 estimate, 2024$15.3B2024$16.9B: Forbes World's Billionaires List 2025 estimate, 2025$16.9B2025$19.4B: Forbes World's Billionaires List 2026 estimate, 2026$19.4B2026$19.3B: Forbes Real-Time Billionaires estimate, Oct 2026. Forbes real-time estimate$19.3BOct 2026

Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.

See the numbers as a table
DateEstimateSource
2019$10.9 billionForbes World's Billionaires List 2019
2020$11 billionForbes World's Billionaires List 2020
2021$10.1 billionForbes World's Billionaires List 2021
2022$10.9 billionForbes World's Billionaires List 2022
2023$10.9 billionForbes World's Billionaires List 2023
2024$15.3 billionForbes World's Billionaires List 2024
2025$16.9 billionForbes World's Billionaires List 2025
2026$19.4 billionForbes World's Billionaires List 2026
Oct 2026$19.3 billionForbes Real-Time Billionaires · Forbes real-time estimate

Where the money comes from

Energysportsentertainment

These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.

Philip Anschutz’s fortune in real-life terms

295,035 years
for the median full-time U.S. worker to earn this much, spending nothing
89,311×
the net worth of the typical U.S. family
2.1%
of Elon Musk's fortune, the biggest on Net Worth Lookup

Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).

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Philip Anschutz has an estimated net worth of $19.3 billion, according to Forbes Real-Time Billionaires, Philip Anschutz profile (figures as of October 20, 2026). That is up from $10.9 billion in 2019.

Philip Anschutz is an American businessman with holdings across energy, railroads, telecom, real estate, sports, and entertainment. He took over Circle A Drilling in 1961 and made strong returns in Wyoming. From there, he expanded into stocks, property, and railroads. His reach later grew into arenas, theaters, music, travel, and newspapers. That broad mix of businesses made him a major figure in several industries, not just one.

He became especially visible through sports and live entertainment. He co-founded Major League Soccer and helped launch multiple teams, including the Los Angeles Galaxy, Chicago Fire, Colorado Rapids, Houston Dynamo, San Jose Earthquakes, and the New York/New Jersey MetroStars. He is also the principal owner of the Los Angeles Kings. Through Anschutz Entertainment Group, he built a large venue business, while Walden Media added films such as The Chronicles of Narnia, Ray, and Joshua.

How Philip Anschutz built his fortune

His wealth started in oil and land. In 1961, he bought out his father's drilling company, Circle A Drilling. In 1970, he bought Baughman Farms for $10 million. He later acquired 9 million acres along the Utah-Wyoming border, a move that led to a major oil fortune. In the early 1980s, the Anschutz Ranch oil find became the largest U.S. discovery since 1968, and in 1982 he sold an interest to Mobil for $500 million.

After energy, he moved into transportation, telecom, and entertainment. In 1984, he entered railroads by buying Rio Grande Industries, and in 1988 Southern Pacific was purchased under his direction. He later founded Qwest Communications and used railroad rights-of-way to help build a fiber-optic network in the 1990s. His portfolio also includes the Los Angeles Kings, a stake in the Los Angeles Galaxy, Crypto.com Arena, The O2 Arena, Dignity Health Sports Park, Sea Island Resorts, and The Broadmoor.

Sports, venues, and the latest Forbes estimate

A big part of Anschutz's business story is live entertainment. Anschutz Entertainment Group owns and operates more than 70 arenas and concert venues worldwide. That ties his money to ticketed events, venue operations, and sports real estate. He also owns two five-star resorts, the Broadmoor in Colorado Springs and Sea Island in Georgia. Beyond business, he donated 400 masterpieces in 2010 to create the American Museum of Western Art in Denver.

His assets also include long-term projects and media holdings. On 320,000 acres in Wyoming, he aims to build one of the world's biggest wind farms. In 2004, he bought the parent company of the Journal Newspapers, which became the Washington Examiner under his direction. Forbes put his net worth at $19.3 billion on its real-time billionaires tracker as of October 20, 2026. Forbes connects that wealth to energy, sports, and entertainment.

Career and money timeline

  1. 1961

    He bought out Circle A Drilling and began building returns in Wyoming.

  2. 1984

    He entered railroads by purchasing Rio Grande Industries.

  3. 1988

    Southern Pacific was purchased under his direction.

  4. 1993

    He became director and chairman of the board of Qwest.

  5. 2004

    He bought the parent company of the Journal Newspapers.

  6. 2010

    He donated 400 masterpieces to create the American Museum of Western Art.

  7. 2021

    He sold his minority interest in the Los Angeles Lakers.

Philip Anschutz net worth FAQ

What is Philip Anschutz's net worth?

Philip Anschutz's net worth is an estimated $19.3 billion, according to Forbes Real-Time Billionaires, Philip Anschutz profile (October 20, 2026). It is an estimate, not an official figure.

How did Philip Anschutz get so rich?

The main sources named in the reporting we cite are: Energy, sports, entertainment.

Is Philip Anschutz a billionaire?

Yes. Forbes Real-Time Billionaires estimates Philip Anschutz is worth $19.3 billion.

How has Philip Anschutz's net worth changed?

The earliest published estimate we track is $10.9 billion (2019, Forbes World's Billionaires List 2019). The latest is $19.3 billion (October 20, 2026).

What companies and assets are central to Philip Anschutz's wealth?

His fortune comes from a mix of energy, railroads, telecom, real estate, sports, and entertainment. Key holdings named in the facts include Anschutz Entertainment Group, the Los Angeles Kings, a stake in the Los Angeles Galaxy, Crypto.com Arena, Sea Island Resorts, and The Broadmoor.

What is Philip Anschutz's current net worth according to Forbes?

Forbes says Philip Anschutz is worth $19.3 billion on its real-time billionaires tracker as of October 20, 2026.