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Robert S. Jepson Jr.
How'd he get so rich? Jepson has been the chairman and chief executive officer of Jepson Associates, a private investment firm, since 1989. Prior to that he had been the founder of turnaround specialists Jepson Corp. After he became CEO and chairman of Kuhlman, an electronic transformer company with a market cap of $70 million, which he moved to Savannah. He turned it into a billion-dollar company before selling it off to Borg Warner in 1999. The next year he sold off Coburn Optical Industries. Today he runs his family office and spreads his wealth generously, especially to the Jepson School of Leadership Studies at the University of Richmond.