The flip side of that hope is fear, especially if you are dependent on her for your financial well being. When he graduated, he came to Fort Worth, where he went to work for his uncle Sid Richardson and married Nancy Lee Muse. The heart of downtown Fort Worth has struggled to fill space and left current tenants frustrated by a lack of communication and vision. To the right is a narrow alley of live oaks, their tops boxed, giving a European touch to what could almost be a Hill Country meadow in Texas. The central plaza opened North Texas has more neighborhoods that focus on family, better museums, larger parks, bigger restaurants, and plenty of malls. Elon Musk is the most famous billionaire in Texas. In Dallas, Sid rode the bus to work and, thinking he might pursue his interest in art, he painted in the spare bedroom. [11], By the time he died, Rainwater had donated more than $380 million to organizations working for the benefit of higher education, at-risk children, and research associated with neurodegeneration. Bass is a member of the prominent Fort Worth family who, along with their uncle Sid Richardson, have been benefactors behind some of Fort Worth's most Growing up in Indianapolis, did you ever suspect your life would be so extraordinary? I ask. Ginger, she says, indicating a long row of tall plants bearing white blossoms. Jos R. Ralat is Texas Monthlys taco editor, writing about tacos and Mexican food. In its 2020 budget year, Walmart racked up revenue of $524 billion and the company continues to rack up riches for heirs of the retail giants founders. Olivella's Pizza & Wine, the Roman and Neapolitan-style pizza kitchen, has completed a 1,200-square-foot expansion of its existing space located on the bricks at 4910 Camp Bowie in Fort Worth. When Anne and Sid joined the board, Perry and Nancy Leeas the foundation was usually referred to in Fort Worthwere giving the museum a $25,000 annual stipend. Fort Worth For the first time since 1983, Sundance Square will be managed by a company outside the Bass family. In early March, Sundance launched a new program searching for the Next Big Idea in which it asked local small businesses to apply for the chance to receive accommodating lease terms, marketing and money to help build out their space. [8] In 1996, he was recognized as Kappa Sigma Man of the Year. 18 on the Forbes list with a net worth of $15.5 billion. When there is bad management and your favorite restaurants start leaving, people who have other options would go elsewhere, she said. Whit Smith, whose human resources company is in the nearby City Center Towers, was at the plazas grand opening. But what the Basses ended up with is one of the most beautiful houses in Texas: serene and white, it rises out of the treetops in a series of rectangular boxes, one stacked on top of the other, ends jutting out dramatically like cantilevered bridges. $260,000 Last Sold Price. When the story came out about Sid and Mercedes in New York magazine, I called Anne and said, I cant believe how rich you are. I knew they were rich, of course, but that isnt what our friendship is about., There was some question, however, about Anne and Peter Martins friendship after the news broke that Sid had not only departed with Mercedes but had had other girlfriends. The sort of people who, for a time, not only defined the best that middle-class America had to offer but also believed in that naive concept of best. When she shows me a snapshot of her husband and his roommates in their caps and gowns at Yale I remark on how nice they look. She stands there perfectly still, beautiful posture. She believes large weekly concerts and restaurant open houses could provide a much-needed spark that Sundance Square is currently lacking. The owners posted an announcement on their website, citing rising food costs, staffing shortages, and lack of business, but also said they are actively working to secure a new location. [3], In 1970, Sid Bass, a classmate of Rainwater, invited him, then 26 years old, to manage the Bass family investments. This The four Bass brothers Sid, Edward, Robert, and Lee each inherited $2.8 billion from their oil tycoon uncle Sid Richardson after his death in 1959. Following the 1973 Saudi embargo, oil began its steady climb and Sid Bass began assembling his investment team. Were all pretty well educated around here. Mary just got in the way., In the New York social world most people didnt understand what had happened. 2 Baths. El Taco Tex has vegan nachos and vegan tacos. Beyond, theres a large rectangular lily pond, then the orchid house, which though it is white steel and glass seems almost Victorian in spirit. It was incredible, Martins says, recalling the evening in Fort Worth. Behind BMX: How the sport is blowing up in the Dallas-Fort Worth area, Severe storms likely in DFW Thursday: Timeline, risks and everything you need to know, Thursday's possible severe storms remind Dallas church heavily damaged during 2019 tornadoes how fast weather can turn, A Fort Worth restaurant staple is leaving Sundance Square. According to one longtime resident, people from Fort Worth as recently as fifteen years ago didnt go to New York alone. But it was Balanchine who was the artist. At the funeral, I glance at her from time to time. Robert is the wealthiest of the foursome. We have made the decision to search for a new home, Micallef said. Then she would take them out to lunch and try to get them to contribute to the school. Kirstein and his supporters . [4][5], Rainwater grew up in Fort Worth, Texas. His father started off as the owner of a wholesale grocery business and his mother was a clerk at J.C. Penney. By the end of the second year Porter had raised $10 million. With the exception of three or four people, no one in Fort Worth would talk to meon or off the record until Anne Bass had cleared it. I don't think it should be in the state its in right now.. Everyone was absolutely floored, says Porter, who now lives in Houston, where she works for the investment counseling firm of Fayez Sarofim. A New York magazine article about the affair said: In a departure from the typical scenario in which everyone feels sorriest for the abandoned wife, little sympathy seems to be going to Sids. Anne and Sid were seen together recently at The Nutcracker in Fort Worth (their daughters danced), but this was not necessarily a sign of reconciliation. The richest among them are billionaires Ray Lee Hunt and W. Herbert Hunt, both of Dallas. For Sale: 10820 Bass Creek Trl, Fort Worth, TX 76108 $347,900 5,500.00 Acres Lot 2,131 Sqft, 4 beds, 2 full and 1 half baths, Single-Family View more. While all of the Waltons dont live in the Lone Star State, members of four of the countrys other wealthiest families do. Ann Walton Kroenke, one of the two daughters of Bud Walton, lives on a 535,000-acre ranch about 50 miles northwest of Wichita Falls. Did you know that 64 billionaires are living in Texas? She became something of a personage, a force unto herself. With his money and her ambition she became an important cultural force in Fort Worth and New York. To prepare herself, she had already visited many of the great gardens of Europe. This is my home.. I also got points for posture., As she recalls her childhood, it becomes clear that from her earliest years she has been compelled by a need for control and a desire for perfection. It launches March 2 and runs until April. This roundup of restaurant news around Fort Worth includes some openings, some expansions, and a big closure or two. It was . In March 2011, a court declared him incapacitated, and his youngest child, Matthew, became his legal guardian. He was given $5 million to invest during his first year and managed to lose it all. This week, another major anchor and Fort Worth staple -- Reata Restaurant, which has been in Sundance Square for nearly 20 years -- announced its plans to leave. There was hardly a place to stand in that plaza as Ed [Bass] unfolded it, and opened up umbrellas, Whit Smith said. Forty years ago, the Bass family created the 35 blocks of Sundance Square, constructing new buildings alongside renovated historic ones. She went on to New York City, where she took a job as an executive trainee at Bonwit Teller. If I want to see good ballet, she is quoted as saying, it would be a lot cheaper for me to see it in New York. But eventually she agreed, and since April 1985 the Fort Worth Ballet has received $280,000 in grants from the Sid Richardson Foundation, in addition to private gifts from Anne Bass. Yet, even from her strongest supporters, there is an undercurrent of caution and an eagerness to defend Anne Bass that gives credence to rumors of her divisiveness. During his lifetime, Rainwater donated over $380 million to charitable causes and left nearly all of his estate to his charitable foundation. He was also involved in the development of other real estate projects, including the Harbor Pointe office complex in Dallas and the Lincoln Plaza.[7]. It was the centerpiece of downtown, and it was our core, he said. Her perfume shop closed during the early months of COVID, but she said the disease that shuttered businesses across the country is only a partial excuse for the issues now facing Sundance Square. Baryshnikov and Martins were easily the most famous male dancers of their generation. His father, Perry Bass, had grown up in Wichita Falls, where his father was a doctor. Notable investments by Rainwater included: Rainwater's first marriage, to his high school sweetheart, Karen, ended in divorce in October 1991, after 25 years. When we came in, there was an orchestra playing. It seems very normal., Thats too bad. Long before buying the apartment, Anne Bass had become involved in the School of American Ballet. I was much happier at Tudor Hall, a private girls school in Indianapolis. WebKeep reading to see the top 28 richest families in the US, ranked by net worth, starting at $10 billion. Rainwater's father, Sam, was a successful businessman and investor, who owned a number of companies in the Fort Worth area. Example video title will go here for this video. "It is a shell of what it used to be. The week after Sid graduated, they were married in a Presbyterian ceremony in Indianapolis, had a reception at the Woodstock Country Club, and after a honeymoon in Europe, lived in Dallas for a year while Sid picked up some practical experience before entering business school at Stanford. And was there any problem making the transition to this? I ask, gesturing toward the gardens outside and the magnificent house around us. [12], Rainwater's investment success earned him a reputation as a savvy and successful investor, and he was often sought after for his expertise and advice. They spent a year planning, then two years building. If, for example, she had to deal with a professional partnership and she felt one partner was superior, she wouldnt bother with even a display of politeness toward the other. The communication breakdown goes beyond tenants. Alexandra Danilova, a teacher at the school who had fled Russia with Balanchine after the revolution of 1917, recalls watching Anne at the funeral. The Stockyards district, for instance, has had a far stronger recovery. W raved that the Bass legions had arrived. Tripadvisor performs checks on In the past the foundation had put most of its resources into education and health, but more and more it began to reflect Sid and Annes interests, spending increasing amounts in the arts. [15] Most of the time, he lived apart from his wife. Her straight blond hair is held back by two gold barrettes shaped like bows; a wide gold necklace, or to be more exact, a gold collar molded like coils of rope, emphasizes her correct posture. It seems like they were always the first people in town to have a silver car or whatever, and Im sure that after a visit to Anne and Sids, a lot of people went home and put their gewgaws in the closet. From 1970 to July 1986, Rainwater served as the chief investment advisor to the Bass family. Sundance Square has used its Instagram account to attack Downtown Fort Worth, Inc. over tree maintenance and landscaping. [7] In 1963, he was initiated as a member of the Tau chapter of the Kappa Sigma fraternity at the University of Texas at Austin and in 1966, he graduated with a degree in mathematics. Moreover, no one at the school knew much about Anne Bass. to more than 60 red, white, and sparkling wines, priced from $18 to $140 per bottle and $8 to $25 by the glass. After two years in Palo Alto, California, and a summer in New York, they moved home to Fort Worth. When I had the chance to ask Anne Bass about it, she said that it was ridiculous, particularly given Heather Wattss longstanding relationship with Martins. My grandmother and my mother both loved dance. The new 3,000-square-foot space features a full-service dine-in experience with seating for 70, a full bar, daily food and drink specials, and online ordering. It's just a fight that's not even necessary when you're so used to compromising and having conversations, Holliday said. [12], George W. Bush invested along with Rainwater and Rainwater donated $100,000 to Bush for the 1994 Texas gubernatorial election. Watts and Peter Martins were stars. The quesadillas have Monterey Jack cheese, protein of choice, and veggies, and will be available starting March 2. I took ballet when I was little and in high school. Fort Worth, Texas. Richard Edward Rainwater (June 15, 1944 September 27, 2015) was an American investor and philanthropist. Mike Micallef, who has run the district's signature Reata restaurant since 2002, shared on Instagram in January that his restaurant's 2021 sales were down 10.4 percent. I did it every six weeks. "I didn't see the attention detail I'd seen in decades past.". In addition to supporting the Fort Worth Art Museum, Anne Bass had started contributing her time and money to the Van Cliburn Foundation, the Fort Worth Country Day School, and the Fort Worth Symphony Orchestra. [1], His investing style was described as "analytically rigorous but opportunistic and Texas-sized in its audacity. Anne had the right to speak up when Mary was fired, Martins says. She is a well-known socialite who is also relentlessly private. Tickets & Events Now On Sale Broadway at the Bass presented by PNC Bank BNSF Popular Entertainment The Cliburn Calendar of Events Group Tickets Gift Certificates Mobile Ticketing Ticket Guidelines Lottery Tickets Plan Your Visit And given that people who work for arts institutions are extremely reluctant to be seen biting the hand of a patron and that Sid was the president of the board at the museum, it is difficult to discover exactly what happened at specific board meetings. Arcadia Coffee just opened in December of 2021, then announced in late March it would be shuttering its Sundance Square location. All they knew was that somehow Anne had made a mistake, and that was enough for people to turn against her. Her Flowers To Go store around the corner on Houston Street has been around for 16 years, and is now surrounded by recently shuttered businesses. Anne, in the meantime, had not abandoned Fort Worth for the bigger stage of New York. Bass, a soft-spoken, courtly man is a member of one of the countrys richest families. His parents were the late Nancy Lee and Perry R. Bass. He and his brothers Sid, Robert and Lee have amassed billion-dollar fortunes over the course of their lifetimes. This year, Forbes estimated Ed Bass fortune at $2.5 billion. Like many other downtowns and entertainment districts across the city and the state, Sundance Square took a blow as a result of the COVID-19 pandemic, Beck said. My bookseller in London still sends me five a day, and I read everything I can get my hands on about ballet., Im halfway through Portait of a Lady, and Ive started rereading Edith Wharton. Sid began applying his creative energy to a larger canvasdowntown Fort Worth. Im not the only person that's concerned, Holliday said. Linda Coffee Argued Roe v. Wade. I might not have been able to ask about the domestic drama, but I still wanted to know why people in Fort Worths art world were so reluctant to discuss Anne Bass at all with me. Here's what's happening in Fort Worth restaurant news: Edelweiss, the authentic German restaurant in west Fort Worth, closed on February 28, after 56 years. Traditionally, charitable institutions in New York, particularly those that are most successful, have provided the service of social validation. Sundances Twitter account has tweeted once since April of 2020, and its Facebook page has not mentioned one of its businesses since December. She didnt speak to people she regarded as potential hangers-on, and worse, there were some people she saw regularly whose existence she refused to acknowledge because they didnt measure up to her standards. WebRichard E. Rainwater grew up in Fort Worth, Texas, graduated from the University of Texas with a degree in mathematics, and went on to earn his MBA from the Stanford Graduate School of Business. Season tickets can be renewed through March 24 online at www.basshall.com and by phone at 817-212-4450. We stopped having tenant meetings.. He eventually transformed the citys decaying center with a fifteen-block complex that included renovated turn-of-the-century storefronts, cobbled streets, a starkly modern hotel, and two glass skyscrapers by Paul Rudolph. There's really a lack of leadership.. Three years later the Sid Richardson Foundation paid for a $1 million expansion at the museum. I gave it to my older daughter to read, and when she finished it, she came and asked if there were really people like that in the world. She has deep blue eyes, and when she smiles her face resembles the mask of comedy. In the Russian Orthodox Church we stand up. A lifelong bachelor, Sid Richardson left an estate that was assessed at $105 million when he died in 1959. The school was going to celebrate its fiftieth anniversary in 1984, and Porter wanted to mount a $15 million fund drive to establish a permanent endowment. He said I should think about it because great wealth could breed a lot of unhappiness., I thought about it and decided I could handle it.. The first public notice appeared May 6 in the New York Times under the headline DISPUTE SPLITS BALLET SCHOOL BOARD. It was agreed, however, that she could continue in her position as development director. WebBass Performance Hall is the premier arts venue of Fort Worth. Thank you Bass Family. "I observed what I felt was a lesser standard of the maintenance and upkeep," said Mark Daniel, whose law firm moved out of Sundance in November after 36 years. From the first, people watching them had the sense that the Basses were designing the perfect life for themselves. Everyone at these institutions today is quick to praise her contributions. If Alice Walton were a family unto herself, shed rank as the fourth wealthiest clan in the country. Lincoln was always the patron. What is the name of the book about that horrible Undine Sprague? she asks, shuddering at the thought. That year, he made his last public appearance. Holliday then added: There is not a clear understanding of the direction of Sundance Square. What do we all want to do together? Rainwater spent over $20 million on research trying to fight the disease. To appreciate the impact that Anne and Sid eventually had on Fort Worth, you have to understand a little about the city. Stories began circulating that the friendship was based on more than a love for ballet, but Martins flatly denies any romance. You can be the most sensible individual in the world, but when you come in contact with that person, you begin harboring irrational hopes that she will do something irrational herselfsuch as seeing your true worth and rewarding it. Ten years ago, if you had asked people to pinpoint one Bass brother who would run Fort Worth for the foreseeable future, almost everyone would have pointed to Sid. Almost everyone would have been wrong. The Bass brother who has emerged as the visionary leader is Ed-Ed, the flaky one; Ed, the hippie one; Ed, the arty one. Mimi Swartz is a staff writer based in Houston. Now the city is practically an obsession. But she doesnt move. The project took so long people in Fort Worth became embarrassed to ask how it was going. Descendants of Sam Walton and brother Bud Walton own about half of Walmarts stock. Bodyguards started accompanying family members when they left the house, but the effect of the reclusiveness and the security was to make the community more curious than ever. Richard Brown had come from the Los Angeles County Museum in 1966 as founding director of the Kimbell Museum of Art, and in 1968 Henry Hopkins followed to turn the Fort Worth Art Museum into a professional institution. The implication that Anne and her daughters were getting second-best was enough to set Anne off. It was also glamorous for the Basses. A general perception has grown up that Anne Bass tended to dominate the boards she was on, that she had to get her way or she would quit. [4] In 2019, the Rainwater Charitable awarded its two first prizes: one for outstanding innovation in neurodegenerative disease research to Dr. Michel Goedert (MRC, Cambridge, UK) and one for innovative early-career scientist to Dr. Patrick Hsu (Univ. In San Antonio, a Road Map for the Future of Texas Art. Everyone was trying to get into good schools, and we had some wonderful teachers. Anne Basss development as a patron did not take place entirely within the realm of public institutions. Its bright blue with some scudding gray; a slight chill is in the air. 2 Thank john s . We curate and disseminate outstanding articles from diverse domains and disciplines to create fusion and synergy. , he shakes his head, at a loss for words. Botany and gardening books. Sids business was keeping him in the city more and more. From corporate events to family outings, group sales can provide a one-of-a-kind experience. In 2021, the top five businesses in the Stockyards sold on average 48 percent more than in pre-pandemic 2019. [13], In December 1991, 2 months after his divorce was finalized, Rainwater married financier Darla Moore and moved to Manhattan. Legacy Hall is hosting the trivia event at 7 p.m. Tuesday at its View our calendar for all upcoming events. For decades, Sundance was a model for urban renewal. As we walk around, I keep wanting to ask whats next, but I know from Anne Basss friends that shes hoping her husband will come home and that like anyone in her position she can only wait with as much dignity and humor as she can muster. Two of the Browns children ended up raising their families in Fort Worth, and as a child, Anne would take a train with her family to visit her Texas cousins, aunts, and uncles. They would have captured peoples attention if for no other reason than by the precision of their tastes, said Jane Brown, a friend who is now the executive director of the Fort Worth Ballet. Carrabba's Italian Grill has a new assortment of dishes for spring: Linguine Primavera with asparagus, peas, roasted tomatoes, & artichoke hearts tossed in basil pesto cream sauce; Tuscan-Grilled Lamb T-Bones with bourbon mint demi-glace; Tomato Caprese with burrata, tomatoes, basil, red onion, & balsamic glaze; Citrus Olive Oil Cake with lemon curd, whipped cream, & blackberries; and Passion Pear Spritz cocktail with New Amsterdam Passionfruit vodka, desert pair, pineapple juice, & Riondo Prosecco. In addition to financial affairs, he was on the board of trustees at both the Museum of Modern Art and Yale. Ed Bass named the Nancy Lee and Perry R. Bass Performance Hall in downtown Fort Worth after his parents. Thats why we have board members. [11][7], In 1986, Rainwater joined forces with investor Sid Bass to form the investment firm Bass Brothers Enterprises. When I married Sid, I found myself in an enviable positionthat I could participate. We didnt have to worry about boys and could just get down to business. You can look at my library, and Ill ask my daughter., We go through the house and up three flights of stairs to the library, where I wait while she disappears into another part of the house. Billionaire Ed Bass quietly married his longtime girlfriend Sasha Camacho twice last month, once in Fort Worth and a second time in Mexico just days before A Balthus for the hall. She has agreed to talk to me with the stipulation that I not ask anything personal, a reference to her husbands much-publicized decampment with Iranian-born Mercedes Kellogg, the wife of Francis Kellogg, a 69-year-old businessman. The Sundance Square plaza in downtown Fort Worth. Forbes says the stock generates more than $700 million in annual dividend income for the family. Downtown is too large of an opportunity to miss for a city of this size.. Councilwoman Elizabeth Beck, whose district includes Sundance Square, also said that COVID-19 impacted Sundance and pointed to growth in other areas of downtown -- like the planned convention center renovation and Texas A&M expansion -- as wins for the city. Anne Koonsman, the symphonys executive director, says that Anne Bass is nurturing, that she has had good ideas for fundraising and building a board, yet she doesnt interfere with the professionals hired to run the organization. Money, however, was not a problem. Leave them blank to get signed up. By the mid-seventies, income at Bass Brothers from oil alone fluctuated between $10 million and $15 million a month. Until his recent death, Page was the leading British landscape architect. But whenever I talk to her, I come away with the feeling Im not good enough.. The apartment they purchasedfor the then record price of $5.25 millionoverlooks Central Park, has fifteen-foot ceilings, the largest living room in Manhattan, and a master bedroom with a view of the park. She is chairwoman of Houston-based Enterprise Products Partners, the pipeline giant founded by her father, and owns Austin-based Texas Monthly magazine. We report on vital issues from politics to education and are the indispensable authority on the Texas scene, covering everything from music to cultural events with insightful recommendations. Thats when conflicts between tenants and ownership began to increase. [6], From 1968 to 1970, Rainwater worked for Goldman Sachs. In 1978 Anne was asked to join the National Advisory Council for the School of American Ballet, the teaching institute for the New York City Ballet. I went with my father to drive Sid to the airport, and on the way home he told me how much he liked Sid but asked if I was sure I wanted to marry him. When they came, when they walked through the theater, thats what it was like when Sid and Anne would come here., Anne might have infuriated the secretaries who had to type letters over and over until they were right, but Balanchinethe genius in residence, the Picasso of balletcalled her the golden girl from Texas. The night before he died in 1983 she went to the hospital and sat on the edge of his bed. The Texas Comptroller shares data of the sale of alcohol at restaurants and bars. The corners of her eyes turn down as emphatically as the corners of her mouth turn up in an expression thats as poignant as it is mirthful. I count her as a dancer. This story is from Texas Monthlys archives. According to one of the departed museum directors, she made it clear that she wasnt running for public office. Always a private person, she dealt with the attention by simply ignoring it. Ft. 11012 Fandor St, Fort Worth, TX The Bass family. Over fifty per cent of the guests were Annes. Just a couple years ago, Sundance Square was the vibrant heart of downtown. The story behind Sid & Mercedes Bass affair, marriage and s In 1984 one of the teachers at the School of American Ballet happened to comment that Annes older daughter was developing very well in spite of the instruction she was getting in Fort Worth. They might go in a small group, but alone they didnt know where to eat, what to do, or anyone to see. "[2] Rainwater was a mentor and early backer of investors including Eddie Lampert, Roger Staubach, and David Bonderman. The net worth of each heir exceeds $5 billion. Lincoln saw Anne as another patron. We have left it as it was originally published, without updating, to maintain a clear historical record. Patricia Sharpe writes a regular restaurant column, Pats Pick, for Texas Monthly. Have other the bass family fort worth would go elsewhere, she made it clear that she could continue in her position as director! 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