Revisiting the Forbes 400 and Its Deep-Pocketed Attorneys
Forbes’s global billionaires list also has its share of well-heeled members with legal connections, including German ball bearing magnate Georg Schaeffler, a former associate at Haynes and Boone in Dallas who still appears on the Lone Star State’s attorney registry. Haynes and Boone founding partner Michael Boone only learned about his billionaire associate's family wealth after Schaeffler bought a mansion in the city’s tony Highland Park neighborhood, according to D Magazine. Schaeffler, who was paid in the low six figures at the firm, is now along with his mother worth a collective $2.2 billion.
Working off of Forbes's own rankings, Business Insider published a rundown earlier this year of the world's wealthiest law graduates. And not to be outdone, Bloomberg unveiled its own Billionaires Index last year to compete with Forbes and track incredible affluence on a daily basis.