She was interested only in the best, but in pursuing it, her own behavior was often anything but exemplary. We look forward to working with them productively while we continue to promote Sundance retailers, restaurateurs, entertainment venues and the free downtown parking program that supports them, Taft also said. When we come to the end of the rose beds, she says, Let me show you this, and leads me down a path to an undeveloped part of the garden next to a creek. Talking about Anne Bass, Hampton praises her intelligence and stamina and as an example recalls that on trips to Europe she could spend four or five hours at a time walking through a museum. A Balthus for the hall. Read more here about our archive digitization project. But she doesnt move. Anne and I are friends, he tells me, and we sometimes go places together, but thats all there is to it. Dr. Marie Hollidays dental practice opened in Sundance 30 years ago. The four Bass brothers Sid, Edward, Robert, and Lee each inherited $2.8 billion from their oil tycoon uncle Sid Richardson after his death in 1959. Once she said yes, it was as if she had gone to work at the school as an unpaid member of the staff, Porter recalls. Then she would take them out to lunch and try to get them to contribute to the school. We would set up meetings for her with prospective donors, prepare a dossier on the sort of things they cared about and what they would probably ask. [13], In December 1991, 2 months after his divorce was finalized, Rainwater married financier Darla Moore and moved to Manhattan. What I am seeing is the world that F. Scott Fitzgerald wrote about, of people who grew up in cities in the Midwest, who sent their children East to the best schools. Hunt, sit at No. Ask john s about Bass Performance Hall. As usual, Anne and Sid Bass led the way. You do believe in the printed word, I say after glancing at the page. Books line the walls; theres a gray carpet on the floor and a view of the garden below. He also invested in a number of other energy companies, including Pennzoil and Diamond Offshore Drilling, and generated significant returns for his investors. And was there any problem making the transition to this? I ask, gesturing toward the gardens outside and the magnificent house around us. [18], In 2009, he was diagnosed with progressive supranuclear palsy, with a few years to live. WebRichard E. Rainwater grew up in Fort Worth, Texas, graduated from the University of Texas with a degree in mathematics, and went on to earn his MBA from the Stanford Graduate School of Business. Many of the remaining current tenants are small business owners whose livelihoods depend on the success of Sundance Square. That sort of nervousness occurs whenever one person controls an irrational amount of money. When Sid, the oldest son, returned to Fort Worth, Perry Bass retired and handed him control of Bass Brothers, which had an estimated worth of $50 million. The central plaza opened I sincerely believe that., Everyone is feeling that way, Holliday said. Thank you Bass Family. Modelo Gold Lion Bar & Grill is serving a vegan burger and a vegan brat with spicy mustard. Dunkin has new spring menu items including Caramel Chocolate Cold Brew, with caramel and milk chocolate, topped with Chocolate Cold Foam and Cocoa Caramel Sprinkles; Carrot Cake Muffins, featuring shredded carrots, raisins, crystalized ginger pieces, and cream cheese icing; Chocolate Croissants; and Irish Crme Flavor coffee. 18 on the Forbes list with a net worth of $15.5 billion. He said I should think about it because great wealth could breed a lot of unhappiness., I thought about it and decided I could handle it.. , he shakes his head, at a loss for words. [11][7], In 1986, Rainwater joined forces with investor Sid Bass to form the investment firm Bass Brothers Enterprises. This roundup of restaurant news around Fort Worth includes some openings, some expansions, and a big closure or two. Loukaitou-Sideris said other cities have used cultural facilities, museums and stadiums to pull people from the suburbs to downtown. He went to Paris, discovered Balanchine, and brought him back to New York in 1933. They might go in a small group, but alone they didnt know where to eat, what to do, or anyone to see. introduced new vegan menu items at its in-house eateries. And then theres this, she says, handing me two single-spaced typewritten pages. Linda Coffee Argued Roe v. Wade. Later, I couldnt help but think how ladylike it was of Anne Bass not to mention Mercedes Kellogg in relation to Undine Sprague, and how dramas such as this are indeed the custom of the country. You can read what it says.. Perhaps we should proceed more generally, I say after reading how she had taken ballet lessons as a girl. We knew they were young and rich, but we couldnt believe it when we got to their house. [10] Rainwater eventually transformed the Bass family fortune from $50 million into $5 billion, amassing $100 million for himself by the time he started investing his own capital in 1986. She stands there perfectly still, beautiful posture. I met Sid at a birthday party here in Fort Worth when I was nine years old, says Anne. Anne and Sid Bass returned to Fort Worth in 1968 with their own strongly defined interests and tastes. A downtown cannot be strong if it is a 9-to-5 downtown, Loukaitou-Sideris said. [11][14] At that time, he took a year off. W raved that the Bass legions had arrived. Anne said no at first, but Porter kept talking to her about it; three months later, Anne agreed. Downtown is too large of an opportunity to miss for a city of this size.. 1,780 Sq. I went to public schools until my last two years, but I never could sort out my parents academic expectations and the social demands at school, where boys and being a cheerleader were everything. He loved motorsports and sponsored cars in competitions. The four Bass brothers, Sid, Edward, Robert and Lee, each inherited $2.8 million from their oil tycoon uncle Sid Richardson after his death in 1959. The brothers have built on that wealth ever since, partnering with investing legends including David Bonderman and the late Richard Rainwater. I went with my father to drive Sid to the airport, and on the way home he told me how much he liked Sid but asked if I was sure I wanted to marry him. They spent a year planning, then two years building. The net worth of each heir exceeds $5 billion. She simply failed to understand who Lincoln Kirstein was. It was incredible, Martins says, recalling the evening in Fort Worth. A lifelong bachelor, Sid Richardson left an estate that was assessed at $105 million when he died in 1959. People shift back and forth, stamp on one foot, then another. Steps lead down to a large formal rose garden, where there are hundreds of rosebushes, beds of herbs, perennialsmore than I can take in. Legacy Hall is hosting the trivia event at 7 p.m. Tuesday at its [4] In 2019, the Rainwater Charitable awarded its two first prizes: one for outstanding innovation in neurodegenerative disease research to Dr. Michel Goedert (MRC, Cambridge, UK) and one for innovative early-career scientist to Dr. Patrick Hsu (Univ. This isnt really the time to look at the garden, she says as we pass the roses, but you might as well see the orchid house. When we step inside, we are enveloped by warm, moist air and a rich fragrance. Fort Worth For the first time since 1983, Sundance Square will be managed by a company outside the Bass family. This place is a feather in Ft Worth's cap. Urban planner Bradley suggested Sundance should focus on finding its identity. He went into the oil business during the forties in Fort Worth, where he knew Sid Basss great-uncle Sid Richardson. Forty years ago, the Bass family created the 35 blocks of Sundance Square, constructing new buildings alongside renovated historic ones. He left nearly all of his estate for charitable purposes, primarily through the Rainwater Charitable Foundation. Porter was fired, and Kirstein was vindicated. WebPerforming Arts Fort Worth. 2 Baths. Elon Musk is the most famous billionaire in Texas. .. Now the city is practically an obsession. The central plaza opened in 2013, and has hosted major events like ESPNs College Gameday and the annual Main Street Arts Festival. When people talk about the Basses contribution to the arts and their high standards of excellence, they eventually get to the Bass body count and the people who didnt make the grade. He was known for his ability to identify undervalued assets and create value through careful investment and strategic planning. It joins its sibling the Chicken Double Tostada Salad and is available until April 19. Traditionally, charitable institutions in New York, particularly those that are most successful, have provided the service of social validation. "There's a lot of anger and disappointment with the way things are going. Yet, even from her strongest supporters, there is an undercurrent of caution and an eagerness to defend Anne Bass that gives credence to rumors of her divisiveness. You can look at my library, and Ill ask my daughter., We go through the house and up three flights of stairs to the library, where I wait while she disappears into another part of the house. As with many downtowns, ours was greatly impacted by the pandemic, Parker said. Rainwater then sought a more methodical investment strategy by studying investors including Warren Buffett, Benjamin Graham, and David Dodd. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. American Airlines Center has Anne, however, had told them they could make what they wanted of the school and suggested that there would be other possibilities. Mike Hall writes about criminals, musicians, the law, and barbecue. No cause was given. He made a ton of money--and says you can too", "Richard Rainwater, 71; investor had golden touch", "Midas Touch Was Billionaire's Gift to Bush", "Sink, Scott claim other trying to buy governor's office", "Golden Plate Awardees of the American Academy of Achievement", https://en.wikipedia.org/w/index.php?title=Richard_Rainwater&oldid=1127769406, University of Texas at Austin College of Natural Sciences alumni, Stanford Graduate School of Business alumni, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, 1984 - On behalf of the Bass family, Rainwater made $400 million when, 1984 - On behalf of the Bass family, Rainwater invested $478 million in, 1989 - Acquired 20% of the Staubach Company for $1 million, 1992 - Mid Ocean Limited, a provider of casualty, 1994 - Crescent Real Estate, 15 million square feet of office space in Houston, 1996 - Acquired control of Mesa Petroleum. To prepare herself, she had already visited many of the great gardens of Europe. Originally a cow town, Fort Worth became headquarters for big ranching families in West Texasthe Fortsons, Carters, Walshes and Moncriefswho in turn became big oil families. [7] In 1963, he was initiated as a member of the Tau chapter of the Kappa Sigma fraternity at the University of Texas at Austin and in 1966, he graduated with a degree in mathematics. After two years in Palo Alto, California, and a summer in New York, they moved home to Fort Worth. But even if she wouldnt talk about her marriage, I wanted to understand why it is a subject of gleeful discussion in Fort Worth and New York. The first public notice appeared May 6 in the New York Times under the headline DISPUTE SPLITS BALLET SCHOOL BOARD. A different location will not change who or what Reata is.. Mary just got in the way., In the New York social world most people didnt understand what had happened. WebNearby homes similar to 10805 Bass Creek Trl have recently sold between $260K to $260K at an average of $145 per square foot. With an estimated net worth of $3 billion, he ranked 211th on the Forbes 400 in 2015. She believes large weekly concerts and restaurant open houses could provide a much-needed spark that Sundance Square is currently lacking. If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. Here's their reasoning why, Filming for 'Yellowstone' prequel creating excitement and jobs in Fort Worth, Sundance Square tenants say lack of support from new management is hindering COVID recovery. When there is bad management and your favorite restaurants start leaving, people who have other options would go elsewhere, she said. Notable investments by Rainwater included: Rainwater's first marriage, to his high school sweetheart, Karen, ended in divorce in October 1991, after 25 years. Arcadia Coffee just opened in December of 2021, then announced in late March it would be shuttering its Sundance Square location. I gave it to my older daughter to read, and when she finished it, she came and asked if there were really people like that in the world. Tenants also said they felt owners lacked empathy during the first year of the pandemic. . Three years later the Sid Richardson Foundation paid for a $1 million expansion at the museum. Sundance Square has used its Instagram account to attack Downtown Fort Worth, Inc. over tree maintenance and landscaping. [12], George W. Bush invested along with Rainwater and Rainwater donated $100,000 to Bush for the 1994 Texas gubernatorial election. They begin on March 7. As observers look back on the events, they are divided into two camps. All they knew was that somehow Anne had made a mistake, and that was enough for people to turn against her. Descendants of Sam Walton and brother Bud Walton own about half of Walmarts stock. We knew she had moneyeveryone did, but so what? There were people who lived on something called Old Spanish Trail, and there were a lot of cactuses and ranches in the addresses. Stories began circulating that the friendship was based on more than a love for ballet, but Martins flatly denies any romance. We curate and disseminate outstanding articles from diverse domains and disciplines to create fusion and synergy. Her straight blond hair is held back by two gold barrettes shaped like bows; a wide gold necklace, or to be more exact, a gold collar molded like coils of rope, emphasizes her correct posture. Straight ahead theres a reflecting pond, where a Maillol sculpture of a voluptuous nude woman appears to frolic upon the water. You know, she is that awful woman who comes out of nowhere and marries one man after another, trying to get to the top in New York City. When we came in, there was an orchestra playing. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. Where is the integrity in this organization?. The owners posted an announcement on their website, citing rising food costs, staffing shortages, and lack of business, but also said they are actively working to secure a new location. "I am so disappointed. She is still on the board and was recently asked to join the board at the New York City Ballet at Peter Martins request. The companys annual sales are around $28 billion. The Stockyards district, for instance, has had a far stronger recovery. Kirstein and his supporters . Carrabba's Italian Grill has a new assortment of dishes for spring: Linguine Primavera with asparagus, peas, roasted tomatoes, & artichoke hearts tossed in basil pesto cream sauce; Tuscan-Grilled Lamb T-Bones with bourbon mint demi-glace; Tomato Caprese with burrata, tomatoes, basil, red onion, & balsamic glaze; Citrus Olive Oil Cake with lemon curd, whipped cream, & blackberries; and Passion Pear Spritz cocktail with New Amsterdam Passionfruit vodka, desert pair, pineapple juice, & Riondo Prosecco. But in the end, one hard truth remains. Its his dream, not theirs. Even so, the people in Fort Worth who know and care who runs Fort Worth-and an astonishingly large number dont-seem to have generally positive feelings about the Basses. SOLD FEB 17, 2023. When they arrived in Fort Worth, they had three studentsAnne and her two daughters. . 15 among the countrys wealthiest families is the Butt family, with a net worth of $17.8 billion. Sundances leadership has shifted over the past several years, and current and former tenants said those changes are a major reason for its decline. Rainwater's father, Sam, was a successful businessman and investor, who owned a number of companies in the Fort Worth area. Baryshnikov and Martins were easily the most famous male dancers of their generation. It's sad for this community, former tenant Daniel said. The first indication that something was wrong came in February 1985, when Kirstein dismissed Porter as his secretary after sixteen years of service. Knowing Yellowstone trivia could lasso you a $100 and more at one North Texas eatery. Their daughters started taking classes at the school during the summer, and Anne and Heather eventually came to call each other best friend., I dont think of Anne as just being rich, and she doesnt treat me like a ballerina, Heather Watts said recently over a beer and a hot dog at a cafe in New York. From a young age, Rainwater was exposed to the world of business and finance, and learned the value of hard work and determination from his father. People from Fort Worth today buy apartments in New York the same way those West Texas ranchers built houses in Westover. The corners of her eyes turn down as emphatically as the corners of her mouth turn up in an expression thats as poignant as it is mirthful. Ive asked to see the gardens, and Anne Bass is leading me along a gray slate path that isnt quite wide enough for two. His mother, Nancy Lee . We cant just take their money and tell them not to speak.. This is my home.. The Texas Comptroller shares data of the sale of alcohol at restaurants and bars. Amon Carter, Sid Richardson, and Kay Kimbell had made collecting a sensible avocation as well as a source of community pride. Lincoln was always the patron. 2 Thank john s . Fort Worth. She became something of a personage, a force unto herself. It amuses us that people are talking.. Moreover, unlike many of them, she at that time had a husband who did not send her off alone or in the company of a walker. $260,000 Last Sold Price. Forbes estimates shes worth about $68 billion, making her the richest resident of Texas and the richest Walton heir. Forrest Wilder writes about politics and the outdoors. Despite the closures, Sundance has also seen at least seven new businesses open since the beginning of 2020. Behind BMX: How the sport is blowing up in the Dallas-Fort Worth area, Severe storms likely in DFW Thursday: Timeline, risks and everything you need to know, Thursday's possible severe storms remind Dallas church heavily damaged during 2019 tornadoes how fast weather can turn, A Fort Worth restaurant staple is leaving Sundance Square. The gala, however, was only one night, albeit the high point, in a two-year fundraising drive. To appreciate the impact that Anne and Sid eventually had on Fort Worth, you have to understand a little about the city. The communication breakdown goes beyond tenants. Together, they made a number of successful investments, including a stake in the Walt Disney Company. Rounding out the Texas contingent on the Forbes list are members of Fort Worths Bass family. I know that Anne Bass has not filed for divorce and that the rumors of a $500 million settlement are premature. 11 on the Forbes list. [16] Bush was criticized for favoring policies that benefited Rainwater's investments. On this Wikipedia the language links are at the top of the page across from the article title. [11], By the time he died, Rainwater had donated more than $380 million to organizations working for the benefit of higher education, at-risk children, and research associated with neurodegeneration. Having completed the house, Anne started on the grounds. The Spanish castles, French chateaux, and English manor houses on Crestline and Westover stand on a bluff and look out over the Trinity River bottom, where you can imagine cattle drives heading north. New season tickets will be available for purchase beginning April 11. Anne Bass, Mary Porter, and their side deny the charges, saying they were only trying to meet the schools financial needs. Bodyguards started accompanying family members when they left the house, but the effect of the reclusiveness and the security was to make the community more curious than ever. Until the schools first important fundraising gala in May 1979, they simply thought of her as being the nice lady from Fort Worth. She was asked to be one of the ten co-chairmen for the event, and according to Mary Porter, who was the schools director of development, Anne was expected to bring in one table of ten guests at $200 to $500 a ticket. North Texas has more neighborhoods that focus on family, better museums, larger parks, bigger restaurants, and plenty of malls. She brought thirty to forty people from Texas, plus people from Connecticut, California, and New York. The existing tenants, I call us survivors now.. And given that people who work for arts institutions are extremely reluctant to be seen biting the hand of a patron and that Sid was the president of the board at the museum, it is difficult to discover exactly what happened at specific board meetings. The city will continue working closely with all stakeholders committed to downtown and Sundance Squares success on day-to-day items, as well as larger infrastructure progress in order to continue to improve downtown.. At the same time, Holliday said her emails to Sundance are now blocked and that her calls havent been returned. Daniel talks about Sundance in the past tense. Anne Bass married into a billion dollars. He was one of the people who helped make this city what it is, and you dont just kick him out., Peter Wolff, one of Annes friends on the board, casts a different light on the situation: Lincoln grew up in Boston, where his family owned the department store Filenes. Anne had the right to speak up when Mary was fired, Martins says. There's also new dishes and menus to try. Knowing Yellowstone trivia could lasso you a $100 and more at one North Texas eatery. For decades, Sundance was a model for urban renewal. Salata, the salad chain, has three new pickled topping options: Pickles, Pickled Okra, and Spicy Giardiniera, which you can put on any salad or order one of these three new salads Dill Pickle Salad, Jalapeno Okra Salad, Spicy and Sweet Salad. We all laughed at the office when her invitation lists came in. With it she set out to create a perfect life and almost succeeded. One day my husband and I were sitting outside, says Anne Bass, her back still to the window, waving her hand toward a little seating area in the garden. Randa enjoys the highest profile among the four Duncan siblings. Whats the outcome we want to produce? The Bass family. Just a couple years ago, Sundance Square was the vibrant heart of downtown. When Anne Bass heard, she threatened to withdraw her financial support. According to one of the departed museum directors, she made it clear that she wasnt running for public office. Always a private person, she dealt with the attention by simply ignoring it. Monets for the dining room. Notifications can be turned off anytime in the browser settings. My bookseller in London still sends me five a day, and I read everything I can get my hands on about ballet., Im halfway through Portait of a Lady, and Ive started rereading Edith Wharton. WebKeep reading to see the top 28 richest families in the US, ranked by net worth, starting at $10 billion. It has also been assumed that she was somehow responsible for the rapid administrative turnover at the Fort Worth Art Museum, where three directors and an interim director came and went within ten years. When the story came out about Sid and Mercedes in New York magazine, I called Anne and said, I cant believe how rich you are. I knew they were rich, of course, but that isnt what our friendship is about., There was some question, however, about Anne and Peter Martins friendship after the news broke that Sid had not only departed with Mercedes but had had other girlfriends. WFAA reached out to the Bass family for several times for comment on this story, and did not hear back. Two of the Browns children ended up raising their families in Fort Worth, and as a child, Anne would take a train with her family to visit her Texas cousins, aunts, and uncles. Theres this. She opens a folder and hands me a neatly typed rsum. [6] Rainwater graduated from R. L. Paschal High School. Then Moreover, no one at the school knew much about Anne Bass. In San Antonio, a Road Map for the Future of Texas Art. By the mid-seventies, income at Bass Brothers from oil alone fluctuated between $10 million and $15 million a month. As Anne Basss rsum makes clear, she is married to Sid Bass, one of the richest men in America, and with the Bass fortune behind her, she has become a powerful patron of the arts in Fort Worth and New York. The four children of pipeline mogul Dan Duncan Randa Duncan Williams, Milane Frantz, Dannine Duncan Avara, and Scott Duncan inherited a $10 billion estate from their father when he died in 2010. Tickets & Events Now On Sale Broadway at the Bass presented by PNC Bank BNSF Popular Entertainment The Cliburn Calendar of Events Group Tickets Gift Certificates Mobile Ticketing Ticket Guidelines Lottery Tickets Plan Your Visit Talk about your motivation, your background . Anne Koonsman, the symphonys executive director, says that Anne Bass is nurturing, that she has had good ideas for fundraising and building a board, yet she doesnt interfere with the professionals hired to run the organization. In 1997, after Rainwater's wife fired, Late 1990s - When oil was trading at $12/barrel, Rainwater invested $100 million in energy stocks and $200 million in oil futures. My grandmother and my mother both loved dance. WebBass Performance Hall is the premier arts venue of Fort Worth. She called Martins and asked him to start looking for a teacher. There's really a lack of leadership.. In older countries the rich usually have two addressesone in the capital and one in the province they are from. By the end of the second year Porter had raised $10 million. Lincoln Kirsteins supporters say that Mary Porter and Anne Bass were making a power play, that they were trying to take over the school and planned to kick the 78-year-old co-founder out on the street. 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