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The World's 10 Richest Law School Grads

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Roman Abramovich

Forbes has released its 2013 list of the world's richest people, and not surprisingly, some of them have law degrees. 

The weird mix of people includes a German beer magnate, a Russian business tycoon, a former prime minister of Italy, and others who earned law degrees before they made their billions. 

10. Media giant Sumner Redstone is worth $4.7 billion.

Long before he seized control of Viacom in 1987, Redstone worked for the Department of Justice Tax Division and then briefly in private practice. 

He earned his bachelor's degree and his J.D. from Harvard, and unlike most billionaires on this list, remained involved in the legal world for several years. After law school, he clerked at the U.S. Court of Appeals in San Francisco and taught law at the University of San Francisco and later at Boston University.

He then became a special assistant to the U.S. attorney general, helping litigate more than 50 cases, according to the New York Times. Last September, he donated $18 million to BU Law, helping fund the construction of a new building on their campus.  

The executive chairman of CBS and Viacom also served in World War II, cracking coded messages sent by the Japanese high command. When he joined the Army, he was still an undergraduate at Harvard, where he finished his bachelor's in three years.

He lands at number 267 on Forbes' list of billionaires.



9. Hotel owner Robert Rowling has a net worth of $4.9 billion.

Rowling is the CEO of TRT Holdings, which owns the Gold's Gym and Omni hotel chains.

He made most of his fortune from selling his father's company, Tana Oil and Gas, to Texaco for $476.5 million in 1989, according to the Center for Public Integrity. He has a bachelor's from the University of Texas at Austin and a law degree from Southern Methodist University's Dedman School of Law

Last year, he made headlines for donating $4 million to Karl Rove's super PAC, American Crossroads, and $100,000 to Mitt Romney's "Restore Our Future" super PAC. Gold's Gym franchise owners in the San Francisco area were incensed when they heard about Rowling's donation to the group, which supported anti-gay candidates, and decided to cut their ties with the Gold's Gym chain, CBS reported at the time.

Forbes put him at 258th place on their list of the world's billionaires. 



8. Real estate mogul Richard LeFrak is worth $5.4 billion

The LeFrak family has been buying up real estate in the New York area for over a century. 

Their company owns LeFrak City, a 5,000-apartment complex in Forest Hills, Queens, and more than 14 million square feet of real estate in Newport, N.J. 

LeFrak, who has been CEO of his family's company since 2003, got his bachelor's from Amherst and his J.D. from Columbia University's law school. 

He's ranked 225th on Forbes' list of the richest people in the world. 



See the rest of the story at Business Insider

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