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#655 A. Alfred Taubman -

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The World's Billionaires

#655 A. Alfred Taubman

03.10.10, 06:00 PM EST

Mall tycoon making big comeback: shares of his Taubman Centers up more than 100% since last February.

Previous: Pat Stryker Next: Klaus Tschira AP Photo Net Worth:$1.5 bil Fortune: Self Made Source: real estate Age: 86 Country Of Citizenship: United States Residence: Bloomfield Hills, Michigan Education: U of Michigan, Drop Out Marital Status: Married, 3 children Mall tycoon making big comeback: shares of his Taubman Centers up more than 100% since last February. Trying to lure Hollywood to Michigan. Backing Raleigh Michigan Studios, movie studio complex housed in former GM truck plant in Pontiac, Mich. U. of Michigan dropout founded Taubman Centers 1950; today firm owns 25 malls in 16 states. Son Robert joined 1976, chief executive since 1990; son William chief operating officer. Bought Sotheby's auction house 1983; took private, then public again 1988. Served 9 months in jail for price-fixing 2004. Shares of Sotheby's down 35% in past 12 months. Owns large contemporary art collection.

Previous: Pat Stryker Next: Klaus Tschira

For billionaires with publicly traded fortunes, net worths were calculated using share prices and exchange rates from February 12, 2010.

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