Colorado's Richest Person Started Selling Kool-Aid When He Was 6-Years-Old. He Is Now Worth Over $15 Billion and Owns Two Luxury Resorts

Benzinga 2024-10-02

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Philip Anschutz is the richest Colorado resident, with a net worth of over $15 billion. His first business venture was at 6-years-old when he built a wheeled stand and sold Kool-Aid on a college campus. The 84-year-old built his fortune through diverse ventures in oil, railroads, real estate, telecom, and entertainment over five decades. He owns two luxury resorts and donated 400 Frederic Remington pieces to establish the American Museum of Western Art in Denver. Anschutz continues to expand his empire, with plans to build one of the world’s largest wind farms on over 300,000 acres in Wyoming.

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