The 14th annual record of notably social individuals from politics, diplomacy, business, philanthropy, and the arts.
Enrico and Andrea Cecchi (Photo by Joseph Allen)
A
Mr. and Mrs. JAMES ABDO (Mai)
Mr. and Mrs. WILLIAM ABEL-SMITH (Mimi)
The Honorable and Mrs. TYLER ABELL (Bess)
The Honorable DAVID C. ACHESON
Mr. GLEN ACKERMAN and Mr. ERNESTO SANTALLA
Mr. THEO ADAMSTEIN and Ms. OLVIA DEMETRIOU
What We've Learned About Giving: "Be Wary if you hear of a program or idea that is too good to be true. There are no 'silver bullets' that can fix entrenched social problems with one, swift, inexpensive intervention. The real solutions generally come at a problem from multiple approaches, and they take time, money, copious talent, and long-term commitment." - David and Katherine Bradley
When Warren Buffett’s staggering donation of $36.1 billion was added to the Bill and Melinda Gates Foundation’s coffers (which already had $30 billion), many proclaimed this to be a new golden age of philanthropy, harkening back to the days of the Rockefeller, Mellon, and Carnegie endowments of countless worthy causes across a broad spectrum of American life. Yet, just a few years later, we are in an economic recession with the contributions of wealthy local residents now shrinking. Some generous donors were hard hit by the Madoff scandal, many others have had major losses in real estate or because of the stock market’s broad decline. As the local supply of capital has fallen for both individuals and private foundations, the need for philanthropy has correspondingly increased. Plus, much giving was directed towards political campaigns in 2008, with many charitable contributions taking a backseat to the historic election. But the tide will turn again.
The 13th annual record of notably social personalities from the worlds of politics, diplomacy, business, philanthropy, and the arts.
By Kevin Chaffee
John Pyles and Barbara Harrison
This roster is neither the first, nor will it (inevitably) be the last to single out certain individuals, who, by virtue of birth, rank, wealth or accomplishment, take part in the social life of the nation’s capital. Estimable precursors – drumroll here – include The Green Book,” so-called for its faux green suede cover, which has appeared continuously since 1930; and the Blue Book of Washington, D.C., which ceased publication around 1990 after a century in print. The Social Register, sometimes called the “Black Book,” also contains the names of numerous prominent local figures, many hailing from so-called “blue blood” families, although it merged its thin Washington volume into a much larger 12-city national version back in the 1980s.
A major difference separating Washington Life’s list from the others – apart from having no discernible color – is that we do not publish a “phone book” containing addresses and contact information, much less schools attended, club memberships and yacht listings. Ours is merely an alphabetical nomenclature of people who make a difference by adding immeasurably to their city, and by extension, their country and the world. Another point of contrast is size. Compared to the many thousands of entries contained in other directories past and present, WL’s Social List, currently about 700 names and counting, is relatively small. We do not see the need to include every member of the Congress, Cabinet or Court (i.e., Supreme), much less all those with top jobs listed in the “Plum Book” of political appointments.
WL tips its hat to the areas biggest philanthropists and donors.
While charity famously depends on left hands not knowing what their right-side partners do, we’ve nonetheless chosen to pay tribute to some of the more generously-handed givers in Washington. There are different reasons for inclusion on this (by no means comprehensive) rundown of big-time donors: some, like the Rockefellers and Mellons, are notable for amounts given over a long period of time; others leave lasting legacies in the form of museums, concert halls, and other university buildings. The men and women on this list are notable for their commitment to causes, involvement on multiple levels of local charity, and largeness of spirit.
WL’s list of head-turners.
Top from left to right: Steven and Jean Case, Vernon and Ann Jordan, James Kimsey, Jacqueline Mars. Bottom from left to right: Paul and Nancy Pelosi, Roger and Victoria Sant, and Ben Bradlee and Sally Quinn.
It’s hard to elicit a physical response from a Washington crowd; that is, to “turn” a head. Although we’ve produced this list for several years, 2008’s A-list has seemingly evolved into a roster of national names rather than one merely dedicated to the stars in our local firmament; after all, 2008’s elections have brought some bonafide rock stars to town. All eyes have been on Ben Bernanke to solve our financial woes, and we’ve all been waiting with baited breath to find out whether Christopher Hitchens will finally quit smoking (maybe it would help if he had God on his side). We said goodbye to longtime favorites Joe Gibbs, as well as beloved British Ambassador Sir Manning and his wife, Lady Catherine. While farewells are always sad, they make way for new faces such as financial heavyweight David Rubenstein and Secretary of Treasury Henry Paulson. Over the years, we’ve found that A-list status is less about the job and rank than one might think; it’s about having a personality that electrifies the room. We’re happy they’re here.
Who has it… and who gives it away.
By Beth Farnstrom
Robert and Marion Rosenthal
“I go to Washington – if only to be near my money,” comedian Bob Hope once quipped. But forget about taxes pouring into federal coffers: With cash to flash, members of Washington’s growing mega-millionaire’s club (50 Million Plus) like to show their green in perhaps, sometimes ritzy, but mainly philanthropic ways.
Buy a baseball team? No problem. Accessorize with megawatt Hollywood stars Tom Cruise and Katie Holmes? Ditto. Underwrite productions at the Kennedy Center? Done.
Washington’s wealth – sparked by the dotcom boom of the ’90s and fueled by the ever-rising real estate and stock markets – has “put a lot of money in people’s pockets and created a new level of wealth in Washington,” says developer Ed Asher of the Chevy Chase Land Company. While ten Washingtonians made the latest Forbes 400 list with fortunes in the billions, wealth is spread far and wide these days. Fortunes have been built on the backs of new technology, media, sports, real estate, government contracts and, of course, Washington’s original industry: politics. In just three years, the number of Washington area families with liquid assets (that is, not counting residential property and 401Ks) grew a whopping 60 percent, from 88,000 in 2003 to 140,000 in 2006. Similarly, in a slightly higher stratosphere, those with $5 million plus in liquid assets grew 53 percent, from 15,000 to 23,000 families, according to Phoenix Marketing International.
Where the money goes, the charity flows and, yes, luxury follows, and how!
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