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COPYRIGHT 2000 Texas Monthly, Inc.
YOU DO? IS THAT YOUR FINAL ANSWER? THEN READ THESE WORDS OF WISDOM FROM TEN OF THE WEALTHIEST TEXANS.
YOU DON'T HAVE TO BE REGIS PHILBIN to know that everyone wants to get rich these days, but is Texas a good place to do it? Consider this fun fact: In September 1993, the last time we published "The Texas 100," a ranking of the hundred richest Texans, H. Ross Perot, Robert H. Dedman, Sr., and at least one of the five Basses (whose combined net worth was $7 billion) were the state's only billionaires. A scant six years later, when Forbes published its 1999 Forbes 400, a roster of the four hundred richest Americans, 25 of them were Texas billionaires. And they weren't the only Texans on the list: In the basement of the 400 were another 5 who made the cut despite being mere several-hundred-millionaires. * Who are these super-wealthy Texans? The answer is right there on the page: Michael Dell (worth a measly $240 million in '93; today, his $20 billion makes him the fifth-richest person in the world); Perot (nearly $4 billion; take that, Jesse Ventura); each of the five Basses (finally!) and one quasi-Bass, family investment adviser Richard Rainwater; and other dynastic types, like Ray Hunt, who've added a ninth zero to their net worth. But there are also names you haven't heard before, both dot-com (42-year-old Sanjiv Sidhu of Dallas' i2 Technologies) and not-com (82-year-old Albert Ueltschi of Irving, the founder of FlightSafety International, which has the morbid distinction of being the company that taught JFK Jr. to fly). * Okay, but how did they get so rich? We put a version of that question--"How do you create wealth in Texas today?"--to ten of the billionaires. Read on for their final answers.
Be the Go-To Guy, And Get Paid
by Billie Joe "Red" McCombs
"The way to grow rich is to do better than the guy around you, it doesn't matter what industry you're in. I was always driven to do better--to be, as we say in sports, the `go-to guy.' I've always wanted to be the go-to guy in my little...
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