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Sumner is still Mr. Big
Sumner Redstone keeps his place on top of the annual Los Angeles Business Journal guesstimate of wealthiest Angelenos. Kirk Kerkorian held on to #2, but the news is that a woman — Barbara Davis — took over the #3 spot after the death of her husband, Marvin Davis. She is said to be worth $6.4 billion. In addition to backing the wrong horse for mayor, #4 Eli Broad's net worth dropped nine percent since last year's ranking, to $4.8 billion by the LABJ's calculation. The Top 10:
Sumner Redstone, $8.3 billion
Kirk Kerkorian, $8.1 billion
Barbara Davis and family, $6.4 billion
Eli Broad, $4.8 billion
David Murdock, $4.5 billion
Jeffrey Skoll, $4.5 billion
David Geffen, $4.3 billion
Patrick Soon-Shiong, $3.6 billion
Steven F. Udvar-Hazy, $3 billion
Ed Roski Jr., $2.8 billion
© 2003-2008 • About LA Observed • Contact the editor
| Bratz sales approved, L.A. rents are falling, Grey re-ups at Paramount, and Northrop combines units.
| Even sales at Wal-Mart, which had been holding up reasonably well because of its low prices, rose only 1.7 percent in December.
| Eventually the meter-revenue claim becomes bureaucratic doublespeak for "meter-maid revenue."
| The MTA's Dorothy Peyton Gray Transportation Library and Archive jumps into Web 2.0 with enthusiasm, with Flickr photos and YouTube clips.
| Chuck Todd and his goatee
| An appreciation
City Controller Laura Chick is absolutely correct when she insists on the power to examine the performance of other elected officials.
At the top of Chicken Corner's wish list for quite some time has been a bookstore -- an independent shop...
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