41. BETTY SCRIPPS HARVEY
Palm Beach, Fla. and Charlottesville. Late husband, Edward W. Scripps, was grandson of
E.W. Scripps, founder of Scripps-Howard newspaper chain. Sold Scripps League Newspapers to
Pulitzer Newspapers in 1996. Now remarried, Harvey chairs familys new company,
Scripps Enterprises Inc., a conglomerate of real estate, gas, oil, newspapers and other
interests. Has had a farm outside Charlottesville since 1978.
Net Worth: $300 million
Confidence: C
42. JOSEPH E. ROBERT JR.
McLean. 47. Founder, Chairman and CEO of J.E. Robert Cos., a
commercial real estate firm. Also deals in distressed Asian real estate. CEO for Heartland
Federal Savings and Loan Association, a mutual thrift based in Oklahoma. Founded the Real
Estate Capital Recovery Association. Active in charitable work for youth. "Fight
Night," started by Robert 10 years ago, is an annual black tie affair held in
October. Proceeds are distributed to several youth programs. "School Night"
funds scholarships for local youth to attend prep schools.
Net Worth: $260 million
Confidence: C
43. E. MORGAN MASSEY
Richmond. 73. Well past retirement age, Morgan Massey
doesnt have anything to prove, but hes still working on multimillion-dollar
energy deals. "Coal mining is my hobby," he says. Some hobby. As chairman of
Asian American Coal Inc., hes the driving force behind a public-private partnership
opening up 2 billion tons of high-quality coal reserves in Chinas Shanxi province.
Will export some coal; the rest will feed Chinas voracious economy. Massey also sees
potential to pump methane, or natural gas, out of the Shanxi coal seams. But his energy
venture in Venezuela has gone "down the tubes."
Net Worth: $250 million*
Confidence: A-
44. RACHEL "BUNNY" MELLON
Upperville. Widow of philanthropist Paul Mellon.
Received $110 million in cash upon his death plus numerous bequeaths to charities and
institutions that she supports. $60 million left to endow garden library at Fauquier
County home they shared. Bunny retains until her death much of the art that Paul Mellon
left to museums and institutions in Virginia and beyond.
Net Worth: $250 million*
Confidence: A-
45. PERRYS
Virginia Beach. J. Douglas Perry, 52, has been
chairman of the board of Dollar Tree since 1986; retired as employee and officer in 1999.
Remains chairman of the board of Old Dominion Trust Co. Co-founded Dollar Tree in 1986
with brother-in-law, Macon Brock Jr. (see entry), having sold K&K Toys in 1991. He and
wife, Patricia, are active in civic and charitable organizations. The library at Old
Dominion University, Patricias alma mater, named for them. Also established
ODUs Perry Endowed Chair in Psychology.
Net Worth: $250
Confidence: A-
46. C. DANIEL CLEMENTE
Vienna. 63. Former lawyer ventured into real estate by
developing Brighton Mall in Falls Church. Considers himself a conservative buyer. Besides
managing or owning hundreds of millions of dollars worth of real estate, Clemente founded
several banks, including Community Bank and Trust in Springfield and First Commercial Bank
of Arlington. Assists candidates of both political parties.
Net Worth: $250 million
Confidence: B
47. DANIEL F. AKERSON
McLean. 51. Former CEO of Nextel Communications. Last
September he became chairman of the board and CEO for Nextlink Communications in Bellevue,
Wash., and promptly moved the companys corporate offices to Northern Virginia. On
boards of America Online and American Express. Formerly a partner in Forstmann Little
& Co., a private investment firm; chairman and CEO of General Instrument Corp.; and
president and CEO of MCI Communications Corp. Nextlink shares split at $50 in September
and rose to $132 in March before fall to mid-$80s.
Net Worth: $250 million
Confidence: B-
48. RONALD I. DOZORETZ
Norfolk and Washington, D.C. 64. Ron and Beth Dozoretz
are key players in Democratic machine. Beth is finance chairman of Democratic National
Committee and Ron shares presidents interest in bridging digital divide; toured
Appalachia and Mississippi Delta with Clinton. Dozoretz is chairman, president and CEO of
FHC Health Systems and subsidiaries ValueOptions, Alternative Behavioral Services,
TrialStar, CS&O, and FirstLab. Owns 80 percent of privately held FHC. Paid $4.25
million in 1998 for Arianna Huffingtons house in Washington; owns $17 million
Citation jet.
Net Worth: $250 million
Confidence: C
49. UKROP FAMILY
Richmond. Brothers James E. Ukrop, 63, and Robert S.
Ukrop, 53, inducted into Greater Richmond Business Hall of Fame last year. Three years
ago, Ukrops Super Markets Inc. introduced its latest amenity First Market
Federal Savings Bank, a full service thrift inside Ukrops stores. Jim Ukrop is
chairman. First Market reached $100 million in assets in its first six months. Gradually
relaxing religion-based restrictions: credit cards are now acceptable in Richmond-area
Ukrops stores.
Net Worth: $240 million
Confidence: C
50. SAUER FAMILY
Richmond. Founded in 1887, C.F. Sauer Co. makes spices
and extracts. Family owns more than 95 percent of company and runs it. Expanded into other
markets including hardware. Acquired Pleasants Hardware in 1988 and opened another
Pleasants in Short Pump two years ago. Other subsidiaries include Dean Foods, Metrolina
Plastics Inc. both in Richmond, and the Dukes brand of mayonnaise and salad
products in Greenville, S.C.
Net Worth: $230 million
Confidence: C