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who operates here in the Philly and Philly metro area. I had posted this here - https://www.democraticunderground.com/?com=view_post&forum=1014&pid=3278411
The Billionaire Family Behind Dr. Oz Is One Of The Wealthiest Clans In Pennsylvania
Matt Durot
Forbes Staff
Jun 4, 2022,12:01pm EDT
Updated Jun 4, 2022, 12:20pm EDT
After a close race, Oz just won the Republican primary for U.S. Senator in Pennsylvania. His ties to the state run through his wife Lisa’s ultra-wealthy family. Here is the definitive Forbes profile of the Asplundhs.
Trump-backed Dr. Mehmet Oz won the Republican primary in the Pennsylvania Senate race, after his opponent, the former CEO of hedge fund Bridgewater Associates Dave McCormick, conceded on Friday evening as a recount neared its completion. Oz is known nationally as the retired physician-turned-television-personality who became famous largely thanks to his ties to Oprah Winfrey. The talk show host regularly featured him as a guest on her Oprah show and she co-produced the Dr. Oz Show, which won 10 Daytime Emmys over a 12-year run that ended in early 2022, when he pulled out to focus on his political campaign.
He has made a fortune from TV—$9.3 million in pretax earnings last year alone, according to a government financial disclosure. He also raked in just under $1 million last year for speeches and appearances for the likes of Warner Bros. and the American Pistachio Growers Association, as well as from royalties for a medical device he patented with colleagues at Columbia University, where he was a professor of surgery.
But much of Oz’s fortune, not to mention his ties to Pennsylvania, come from a different source: His wife’s wealthy family. Her grandfather cofounded Asplundh Tree Expert with his two brothers in 1928. With $4.7 billion in revenue, Asplundh is now the 98th biggest private company in America and the fifth largest in Pennsylvania, with more than 33,000 employees. The 93-year-old company, which trims trees for electric utilities, municipalities and others, is run by the third generation of Asplundhs and owned by nearly 200 family members – who are collectively worth at least $3 billion.
That probably helps explain why the celebrity doctor was able to fund his campaign with $12.1 million of personal loans and another $1.7 million of contributions, the sort of money that most wouldn’t consider throwing away unless they knew they had an especially large stash as backup.
(snip)
https://www.forbes.com/sites/mattdurot/2022/06/04/the-billionaire-family-behind-dr-oz-is-one-of-the-wealthiest-clans-in-pennsylvania/
Matt Durot
Forbes Staff
Jun 4, 2022,12:01pm EDT
Updated Jun 4, 2022, 12:20pm EDT
After a close race, Oz just won the Republican primary for U.S. Senator in Pennsylvania. His ties to the state run through his wife Lisa’s ultra-wealthy family. Here is the definitive Forbes profile of the Asplundhs.
Trump-backed Dr. Mehmet Oz won the Republican primary in the Pennsylvania Senate race, after his opponent, the former CEO of hedge fund Bridgewater Associates Dave McCormick, conceded on Friday evening as a recount neared its completion. Oz is known nationally as the retired physician-turned-television-personality who became famous largely thanks to his ties to Oprah Winfrey. The talk show host regularly featured him as a guest on her Oprah show and she co-produced the Dr. Oz Show, which won 10 Daytime Emmys over a 12-year run that ended in early 2022, when he pulled out to focus on his political campaign.
He has made a fortune from TV—$9.3 million in pretax earnings last year alone, according to a government financial disclosure. He also raked in just under $1 million last year for speeches and appearances for the likes of Warner Bros. and the American Pistachio Growers Association, as well as from royalties for a medical device he patented with colleagues at Columbia University, where he was a professor of surgery.
But much of Oz’s fortune, not to mention his ties to Pennsylvania, come from a different source: His wife’s wealthy family. Her grandfather cofounded Asplundh Tree Expert with his two brothers in 1928. With $4.7 billion in revenue, Asplundh is now the 98th biggest private company in America and the fifth largest in Pennsylvania, with more than 33,000 employees. The 93-year-old company, which trims trees for electric utilities, municipalities and others, is run by the third generation of Asplundhs and owned by nearly 200 family members – who are collectively worth at least $3 billion.
That probably helps explain why the celebrity doctor was able to fund his campaign with $12.1 million of personal loans and another $1.7 million of contributions, the sort of money that most wouldn’t consider throwing away unless they knew they had an especially large stash as backup.
(snip)
https://www.forbes.com/sites/mattdurot/2022/06/04/the-billionaire-family-behind-dr-oz-is-one-of-the-wealthiest-clans-in-pennsylvania/
PECO (local electric company) contracts to them to do trimming around the electric lines.
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