Company: Allen & Co.
1922 by Herbert’s uncle, Charles Allen
The private banking and consulting firm of Allen & Co. likes to keep it in the family with members of the family at the helm since the founding of the company, in 1922. Herbert Allen III, 42, now oversees relationships with the likes of Hasbro, Disney, ABC, and Seagram. The secretive securities firm hosts a conference each year in Sun Valley that is well known as a major networking event for top executives in the media industry.