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Barbara Carlson Gage is an American businesswoman and she has an estimated net worth of $1.5 billion. Together with her sister Marilyn Carlson Nelson, she inherited a huge fortune from their father who passed away in 1999. The siblings received the ownership of Carlson Inc., the company founded by their father, which started as a gold bond trading stamp business in 1930 but now stands as a successful corporation that encompasses real estate, travel agencies, and dining. The privately held company has primary subsidiaries that include CWT, a travel management company, and Carlson Private Capital Partners, a family office that manages the wealth of the owners.
Aside from the wide variety of restaurants and hotels, the company also owns the internationally renowned brand Blu, the Radisson Country Inns & Suites as well as the T.G.I. Fridays. She eventually oversaw the Carlson Foundation that makes philanthropic activities for children's charities. It raises around $6 million in grants annually as it focuses on education and at-risk children. With Queen Silvia of Sweden, the Carlson family also became the co-founder of the World Childhood Foundation. It supports 120 programs in 17 countries with the aim to raise awareness and provide aide to sexually abused or trafficked women and children around the world.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2019 |
Sale of Asset |
Sale of the Carlson Family's holdings in the hotel business to HNA Tourism Group, a China-based conglomerate |
$2,000,000,000 |
|
2019 |
Earning Turned Donation |
Donation of the Carlson Family Foundation during Gage’s 21 years of leadership |
$83,000,000 |
|
2016 |
Earning Turned Donation |
Donation of the Carlson Family Foundation primarily to educational, religious, cultural and social causes. Recipients include World Childhood Foundation U.S., United Negro College Fund, United Nations Foundation, Students Today Leaders Forever, Alzheimer's Association, American Swedish Institute, Augsburg College, Blake School, Charter School Partners, CommonBond Communities, A.C.E.S. (Athletes Committed to Educating Students), Big Brothers Big Sisters of the Greater Twin Cities and the Greater Minneapolis Council of Churches |
$7,000,000 |
|
2016 |
Asset |
Estimated value of the assets of the Carlson Family Foundation as the company's Chairman and President |
$200,000,000 |
|
2015 |
Earning Turned Donation |
Estimated annual donation of the Carlson Family Foundation that focuses on education and at-risk children |
$6,000,000 |
|
2006 |
Earnings |
Sales of the company Carlson Cos. which is a travel-hospitality-marketing conglomerate that includes Radisson, Country Inns, Regent International Hotels, Radisson Seven Seas Cruises and Carlson Wagonlit travel agencies as the company's major stockholder and one of the company's board of directors |
$8,400,000,000 |
|
1986 |
Earning Turned Donation |
Donation of the Carlson Family Foundation to the University of Minnesota for the establishment of the Curtis L. Carlson School of Management |
$25,000,000 |