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Bel-Air billionaire and philanthopist John Anderson dies at 93

July 29, 2011 |  3:04 pm

Johnanderson John E. Anderson, a billionaire Bel-Air businessman and philanthropist who founded Topa Equities Ltd. and was the namesake of UCLA's graduate school of management, died Friday morning. He was 93.

Anderson died of pneumonia at UCLA Medical Center, a family spokesperson said.

A self-made man who was ranked No. 153 on Forbes' list of the 400 richest Americans in 2010 with a net worth of $2.4 billion, Anderson was the founder, president and chief executive of privately owned Topa Equities Ltd.

The Century City-headquartered holding company owns 33 subsidiaries involved in insurance, real estate, financial services, wholesale beverage distribution, automobile dealerships and manufacturing.

A lawyer who co-founded the Los Angeles law firm Kindel & Anderson in 1953, Anderson launched his business empire in 1956 with the purchase of a Hamm's beer distributorship in downtown L.A.

He is survived by his wife of 44 years, Marion; two sons, John and William; two daughters, Judy Munzig and Susan McKinley; 15 grandchildren; and 13 great-grandchildren.

Services are pending.

A complete obituary will follow at latimes.com/obits.


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-- Dennis McLellan

Photo: John and Marion Anderson

Credit: UCLA