Philip Frederick Anschutz (/ˈænʃuːts/ AN-shoots; born December 28, 1939) is an American entrepreneur. Anschutz bought out his father's drilling company, Circle A Drilling, in 1961 and earned large returns in Wyoming. He has invested in stocks, real estate and railroads. He then began investing in entertainment companies, co-founding Major League Soccer as well as multiple teams, including the Los Angeles Galaxy, Chicago Fire, Houston Dynamo, San Jose Earthquakes, and the New York / New Jersey Metro Stars. Anschutz owns stakes in the Los Angeles Lakers, Los Angeles Kings, and venues including the Staples Center, O2 Arena, and the StubHub Center. Anschutz also invests in family films such as The Chronicles of Narnia. Forbes ranks him the 38th richest person in the U.S. with an estimated net worth of $10 billion as of 2013.