The Davis Family – $5.9B
While New Balance may not be regarded as prime material among footwear aficionados, it remains one of America’s most beloved sportswear brands with more than a hundred years of performance. Fast forward to modern times, where the ridiculously wealthy Jim Davis happily owns New Balance – his direction acknowledged to be healthy for the skyrocketing sales. Good business aside, New Balance recently came under public condemnation for endorsing extreme right-wing politicians, sparking a rebellion against the company which has damaged profits.
The Davis Family
The Dolan Family – $5.7B
Most people have heard of HBO. What they might not know is that it was Charles Dolan who formulated the elite cable television and HBO in the 70s, coupled with the establishment of his leading business, Cablevision, which branched off into further top cable networks such as AMC, IFC and the Sundance Channel. Despite Dolan no longer possessing HBO or Cablevision, the man’s influence is undeniable. Dolan’s children now claim leading sports teams such as the Cleveland Indians and New York Knicks. Further, one of his sons presides over a news channel, with the other son chairing the Madison Square Garden Company.
The Dolan Family
