Arkansas Business' 25 Wealthiest Arkansans (25th Anniversary)

by Arkansas Business Staff  on Monday, Mar. 23, 2009 12:00 am  

Members of the Walton family.

18. Thomas "Mack" McLarty III
Thomas F. McLarty is chairman of McLarty Cos., a multigenerational family transportation business with interests in 11 auto dealerships. In 2002, Arkansas Business reported that McLarty Cos. generated more than $600 million in revenue.

The recently formed RLJ-McLarty-Landers Automotive Group partnership with Robert Johnson and Steve Landers Sr. has 23 auto franchises in its portfolio. It had about $400 million in revenue, according to a 2008 statement on its Web site. It has a $1 billion annual revenue goal over the next five years.

McLarty serves as senior adviser to the Carlyle Group, a private equity firm, is a senior adviser to the law firm Covington & Burling and is chairman of Randall & Dewey, a leading global energy industry advisory firm.

He also is president of McLarty Associates, an international advisory firm.

The former chairman and CEO of Arkla Inc. is also a director of Union Pacific Corp. and Acxiom Corp. Along with real estate and stock holdings, the McLarty family also owns dealerships in Brazil with the privately held Brazil American Automotive Group.

Last year the RLJ-McLarty-Landers Group bought the Little Rock Harley-Davidson dealership from Hickingbotham Investments and will operate the main dealership in Little Rock, as well as additional locations in North Little Rock and Hot Springs.

19. John Ed Anthony Family
Although his true love may be thoroughbred race horses, John Ed Anthony also grew the company his grandfather founded in 1907, Anthony Timberlands Inc., into one of the state's largest forest product companies, with revenue of $158 million last year.

The privately owned company has a hardwood sawmill and a pine sawmill and makes treated products as well. It also owns 200,000 acres of timberland.

John Ed remains chairman, but he's turned most of the operation over to his son, Steve, who is president.

Anthony took the thoroughbred racing industry by storm in the late 1970s. His Loblolly Stables produced horses that became household names with victories at both the Preakness and Belmont. He's a member of the Arkansas Sports Hall of Fame.

In 2004, John Ed and his wife, Isabel, gave $1 million to the University of Arkansas' botanical garden, Garvan Woodland Gardens at Hot Springs, for the construction of the new Anthony Chapel.

20. Reynie Rutledge
Reynie Rutledge started his banking career with the Worthen organization before buying his first bank in 1977 at the age of 27.

 

 

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