Perry Bass was his uncles sole partner, and each of Perrys four sons inherited $2.8 million, with the bulk of the estate going into the Sid Richardson Foundation. As with many downtowns, ours was greatly impacted by the pandemic, Parker said. At No. Fort Worth For the first time since 1983, Sundance Square will be managed by a company outside the Bass family. In San Antonio, a Road Map for the Future of Texas Art. Everyone was absolutely floored, says Porter, who now lives in Houston, where she works for the investment counseling firm of Fayez Sarofim. [11][14] At that time, he took a year off. Beyond, theres a large rectangular lily pond, then the orchid house, which though it is white steel and glass seems almost Victorian in spirit. Fifteen years ago people from Fort Worth werent comfortable going to New York. It's an embarrassment to this city.. 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. After having Bob Zion, an East Coast landscape architect, lay out the grounds, she chose Russell Page to plan the gardens. The quesadillas have Monterey Jack cheese, protein of choice, and veggies, and will be available starting March 2. Season tickets can be renewed through March 24 online at www.basshall.com and by phone at 817-212-4450. [11][7], In 1986, Rainwater joined forces with investor Sid Bass to form the investment firm Bass Brothers Enterprises. Sundances leadership has shifted over the past several years, and current and former tenants said those changes are a major reason for its decline. Bass is a member of the prominent Fort Worth family who, along with their uncle Sid Richardson, have been benefactors behind some of Fort Worths most cherished institutions. Together, they made a number of successful investments, including a stake in the Walt Disney Company. He is of Lebanese ancestry. In 1970 she and her husband commissioned the distinguished New York architect Paul Rudolph to design a house for the thickly wooded eight-acre tract of land that they had purchased in new Westover. With it she set out to create a perfect life and almost succeeded. In 2019, Ed Bass and his wife Sasha, now co-owners of Sundance, took over control of Sundance Square while Sid and Lee Bass would own City Center. California, Berkeley, USA). Botany and gardening books. 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. Get it fixed, nearby tenant Smith said. And Anne Bass was younger, richer, and prettier than most of the grandes dames she was compared with. When she comes back, she says, Its The Custom of the Country.. The communication breakdown goes beyond tenants. As Anne and Sid Bass became more prominent in the community, they also became more reclusive. The event, named after a Balanchine ballet, was called Who Cares? and the irony was not lost on W, which ran photographs of Anne at the party and commended her for her stiff upper lip. From 1970 to July 1986, Rainwater served as the chief investment advisor to the Bass family. You do believe in the printed word, I say after glancing at the page. Sids business was keeping him in the city more and more. Fort Worth. At the funeral she stood among the mourners. Jos R. Ralat is Texas Monthlys taco editor, writing about tacos and Mexican food. Anne and Sid Bass returned to Fort Worth in 1968 with their own strongly defined interests and tastes. In older countries the rich usually have two addressesone in the capital and one in the province they are from. After two years in Palo Alto, California, and a summer in New York, they moved home to Fort Worth. Did you know that 64 billionaires are living in Texas? Was it ever difficult, having so much money?, No, but I remember when Sid came to Indianapolis to ask my fathers permission to marry me. In the fall of 1981 she and Lincoln Kirstein asked Anne if she would do it. 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. Brisk, businesslike, Anne Bass enters wearing a tight black leather skirt, spike-heeled blue shoes and a blue angora sweater with large shoulder pads. When there is bad management and your favorite restaurants start leaving, people who have other options would go elsewhere, she said. She was often curt with people who worked for her, and if things were not done to her satisfaction, she would throw temper tantrums. [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. Bring on the Shiplap? 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. My grandmother and my mother both loved dance. Thank you Bass Family. Their net worth: $247 billion. UCLA professor Loukaitou-Sideris said an increase in galleries targets a smaller, wealthier audience. Sundances Twitter account has tweeted once since April of 2020, and its Facebook page has not mentioned one of its businesses since December. "I pray that theres more collaboration," Holliday said. Then, at Martins suggestion and with his help, she hired dancers Nanette Glushak and Michel Rahn to come as teachers. It was and still is the sort of town where social life takes place at the country clubs, where people reach for the social directory when they want a telephone number. He 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. They are feeling that way because we don't feel like we're getting support.. My mother wanted to be a dancer, but my grandfather wouldnt allow it. I sincerely believe that., Everyone is feeling that way, Holliday said. A downtown cannot be strong if it is a 9-to-5 downtown, Loukaitou-Sideris said. When we come to the end of the rose beds, she says, Let me show you this, and leads me down a path to an undeveloped part of the garden next to a creek. New season tickets will be available for purchase beginning April 11. Reached for comment on the situation, Fort Worth Mayor Mattie Parker said the city will continue working closely with all stakeholders downtown. In 1960 Perry Bass had combined the money his sons inherited to form Bass Brothers Enterprises (which the brothers broke up late last year), ultimately contributing his own share of the Richardson companies. [13], In December 1991, 2 months after his divorce was finalized, Rainwater married financier Darla Moore and moved to Manhattan. Its bright blue with some scudding gray; a slight chill is in the air. But it was Balanchine who was the artist. It was energy on steroids.. Thats why we have board members. Degree: Vassar College, 1963. Forbes magazine estimated the family fortune last year to be over $9 billion, although it had been as high as $11 billion, several years ago. One day my husband and I were sitting outside, says Anne Bass, her back still to the window, waving her hand toward a little seating area in the garden. [15] Most of the time, he lived apart from his wife. Houstons Duncan family, with a net worth of $22 billion, appears at No. You dont have to be in Fort Worth long before you get the impression that everyone in town knows that the house has five bedrooms and six baths; that theres a butler, a cook, and two maids; that Anne drives a Silver Cloud; and that two new jets have been ordered, each with a bedroom and a dining room. It also led to a ballet-world scandal that had some New York society observers labeling Anne Bass a hick.. When Peter Martins describes her, he talks, as do most dancers, about the way she carries herself or, as he puts it, the way she moves herself around., When I was a little boy in Denmark, he says, the king and queen would come to the Royal Theaterto their theaterto make a visit. Notifications can be turned off anytime in the browser settings. Financially, they brought a direct connection to the Sid Richardson Foundation. We have made the decision to search for a new home, Micallef said. 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. [7] He owned a souped-up 1970 Chevrolet Camaro that a professional friend would race. They moved hillsides, created meadows, sculpted views, built lily ponds and greenhouses, and planted rose gardens. WFAA reached out to the Bass family for several times for comment on this story, and did not hear back. She knew everyone at the school, and she wouldnt accept anything that wasnt perfect., At the school Anne Bass played a role larger than that of most patrons. When they arrived in Fort Worth, they had three studentsAnne and her two daughters. The Basses hold down the No. I was much happier at Tudor Hall, a private girls school in Indianapolis. So many lives have been negatively impacted.. That sum represents close to half of Walmarts annual revenue and is equivalent to the size of Chiles economy. He went to Paris, discovered Balanchine, and brought him back to New York in 1933. But even if she wouldnt talk about her marriage, I wanted to understand why it is a subject of gleeful discussion in Fort Worth and New York. The involvement proved to be a spectacular entree to the city. What I am seeing is the world that F. Scott Fitzgerald wrote about, of people who grew up in cities in the Midwest, who sent their children East to the best schools. Tastemaker is an old-fashioned word, but I suppose that was what they were.. WebAnne Bass married one of the richest men in America. That sort of nervousness occurs whenever one person controls an irrational amount of money. The flavor features shortbread cookie crumbles folded into a salted butter sweet cream ice cream. But it is fairly easy to see why Anne Bass has been perceived as a villain. It was . The Sundance Square plaza in downtown Fort Worth. Anne Basss father was a prominent surgeon and urologist, and her mother a champion golfer. Talk about your motivation, your background . Annes actions were by no means a declaration of war, but the Fort Worth Ballet, a struggling company that Anne had chosen not to sponsor, surrendered anyway. Porter had straight blond hair, and she bore a striking resemblance to Anne. Forrest Wilder writes about politics and the outdoors. I did it every six weeks. Tripadvisor performs checks on The net worth of each heir exceeds $5 billion. The restaurant posted a notice stating that staffing was a major issue. [14] He also invested in the Pebble Beach Golf Links along with Clint Eastwood. 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. He went into the oil business during the forties in Fort Worth, where he knew Sid Basss great-uncle Sid Richardson. 1,780 Sq. If she was sure that she was right, she didnt particularly care what people thought about her or how they felt. Despite the closures, Sundance has also seen at least seven new businesses open since the beginning of 2020. The way that Anne could participate in the world of ballet was as a patron, and the person who would play the most critical role in her development as a patron was Mary Porter. [1], His investing style was described as "analytically rigorous but opportunistic and Texas-sized in its audacity. A four-installment payment plan is also available to both renewing and new season ticket holders. [7], In addition to his investments in the oil and gas industry, Rainwater was also involved in real estate. She knew that it would be a tremendous job and that Anne would be the perfect chairwoman for the campaign. It was incredible, Martins says, recalling the evening in Fort Worth. 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. The first public notice appeared May 6 in the New York Times under the headline DISPUTE SPLITS BALLET SCHOOL BOARD. Reviewed July 17, 2016 . We thought it was glamorous.. Here's their reasoning why, Filming for 'Yellowstone' prequel creating excitement and jobs in Fort Worth, Sundance Square tenants say lack of support from new management is hindering COVID recovery. The goal is to both promote new Sundance Square businesses and fill its empty storefronts and restaurants. They knew what they wanted their future to be, and they knew how to bring it about. Others mentioned that tenants pay a marketing fee to the district, but said Sundances social media accounts dont promote its businesses enough. Everyone was trying to get into good schools, and we had some wonderful teachers. 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. The implication that Anne and her daughters were getting second-best was enough to set Anne off. Richard Edward Rainwater (June 15, 1944 September 27, 2015) was an American investor and philanthropist. Anne, however, had told them they could make what they wanted of the school and suggested that there would be other possibilities. 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. To get a sense of this past, all you need to do is drive through old Westover, which is far and away the citys most exclusive neighborhood. The most common complaint, though, is that communication with Sundance Square management is lacking -- and often combative when it occurs. We were watching our children play, and I was thinking what a wonderful life we had. [9] In 1968, he earned a Master of Business Administration from the Stanford Graduate School of Business. 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. Having completed the house, Anne started on the grounds. The ballet school, to avoid the problem of having too many nouveau riche patrons, had started seeking supporters outside New York. Moreover, no one at the school knew much about Anne Bass. I wanted to be the Doc Holliday of Sundance Square, Holliday joked. But in the end, one hard truth remains. Its his dream, not theirs. Even so, the people in Fort Worth who know and care who runs Fort Worth-and an astonishingly large number dont-seem to have generally positive feelings about the Basses. When we came in, there was an orchestra playing. It just stopped communicating. We look forward to working with them productively while we continue to promote Sundance retailers, restaurateurs, entertainment venues and the free downtown parking program that supports them, Taft also said. 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. I always define a brand as a promise of an experience, he said. Many of the remaining current tenants are small business owners whose livelihoods depend on the success of Sundance Square. Ron Galella/Ron Galella Collection via Getty Images, How Florence ButtNot Her SonLaunched the H-E-B Empire, More Colorful Texas Sayings Than You Can Shake a Stick At, From Camel Herding to Blues Music to Tacos al Pastor: Finding the Middle East in Texas, The Bronc-busting, Cow-punching, Death-defying Legend of Boots ONeal, At Texas Swingers Clubs, the Lifestyle Is Booming, This Texan Was a Master of a Curious Midcentury Art Form, the Industrial Musical, Jimmy Carters Peanut-and-Egg Taco Made Quite the Impression on San Antonians. Now the city is practically an obsession. She had read extensively in horticulture, botany, and landscape architecture, assembling her own gardening library. 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. It was the centerpiece of downtown, and it was our core, he said. A resident company is now in place, many of the dancers from the New York City Ballet, and it is hoped that Fort Worth will become one of the leading regional centers for dance. We stopped having tenant meetings.. I told her yes, that she might as well know now that there are people like that. He saw the, 2010 - GSB Alumni Association's 2010 Arbuckle Award, This page was last edited on 16 December 2022, at 15:11. Besides a lack of upkeep with landscaping and building maintenance, many tenants also blamed the current situation on parking, with Sundance ending its often-used free valet system for one that charges $21 for stays lasting beyond an hour and a half. I think you might be missing some of the pleasure., Perhaps. According to the story, written by Anne Kisselgoff, the papers dance reviewer, Mr. Read more here about our archive digitization project. Over fifty per cent of the guests were Annes. Whats the outcome we want to produce? 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. In 1997, after Rainwater's wife fired, Late 1990s - When oil was trading at $12/barrel, Rainwater invested $100 million in energy stocks and $200 million in oil futures. 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. [3], In 1970, Sid Bass, a classmate of Rainwater, invited him, then 26 years old, to manage the Bass family investments. Charles Butt is chairman and CEO of the H-E-B grocery chain, based in San Antonio and parent company of Dallas-based Central Market. Three months after arriving in Fort Worth, Glushak and Rahn were asked to become artistic directors at the ballet, and Anne was invited to join the board. Well, in my family, the way we were raised, one contributed to life. Watts and Peter Martins were stars. He not only founded the school and the ballet, he helped start the Museum of Modern Art. 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. The companys annual sales are around $28 billion. In retrospect, it seems almost uncanny that Anne Bass met Mary Porter when she did. "[2] Rainwater was a mentor and early backer of investors including Eddie Lampert, Roger Staubach, and David Bonderman. View our calendar for all upcoming events. . At one point, she shows me snapshots of her family; one is a wintry photograph of herself with her younger sisters and brother on the terrace of her grandparents penthouse in Indianapolis. The story behind Sid & Mercedes Bass affair, marriage and s The central plaza opened in 2013, and has hosted major events like ESPNs College Gameday and the annual Main Street Arts Festival. As he talks, it occurs to me that the average person is so fatigued in museums because he has to figure out how what he is seeing relates to himself, whereas what rich people are doing is really a form of shopping. This is going to be wonderful in here, if I can just figure out how to make the creek stop flooding. She stands there a moment, imagining what it will be like, then we start back to the house. Dr. Marie Hollidays dental practice opened in Sundance 30 years ago. 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. She became something of a personage, a force unto herself. Linda Coffee Argued Roe v. Wade. 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. It's sad for this community, former tenant Daniel said. There are lots of us that are concerned. Talking about Anne Bass, Hampton praises her intelligence and stamina and as an example recalls that on trips to Europe she could spend four or five hours at a time walking through a museum. Richardson was a wildcatter, famed for using a phone booth at a Fort Worth lunch counter as an office until he discovered the Keystone Field in West Texas, where he drilled 385 wells, hitting only 17 dry holes. Rainwater died on September 27, 2015. The four children of pipeline mogul Dan Duncan Randa Duncan Williams, Milane Frantz, Dannine Duncan Avara, and Scott Duncan inherited a $10 billion estate from their father when he died in 2010. Their daughters started taking classes at the school during the summer, and Anne and Heather eventually came to call each other best friend., I dont think of Anne as just being rich, and she doesnt treat me like a ballerina, Heather Watts said recently over a beer and a hot dog at a cafe in New York. Modelo Gold Lion Bar & Grill is serving a vegan burger and a vegan brat with spicy mustard. I study how the top 1% live, work & lead, and turn their winning habits into easy-to-use routines you can use for life and business. [16] Bush was criticized for favoring policies that benefited Rainwater's investments. She had just pulled off a black-and-white dinner dance for the Fort Worth Ballets season premier. Forty years ago, the Bass family created the 35 blocks of Sundance Square, constructing new buildings alongside renovated historic ones. 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. He was given $5 million to invest during his first year and managed to lose it all. The woman who taught English had gone to Vassar, and the history teachers room was completely lined with historical novels. The decline of Sundance Square to where it is today is one of the saddest chapters in Fort Worth history. Example video title will go here for this video. From a young age, Rainwater was exposed to the world of business and finance, and learned the value of hard work and determination from his father. As observers look back on the events, they are divided into two camps. She is disciplined like a dancer.. She is a well-known socialite who is also relentlessly private. 2 Baths. WebRobert Muse Bass was born on 19 March 1948 in Fort Worth, Texas. If you read twenty each six weeks, you got extra points. Anne had established herself as a major philanthropist, and Mary Porter had made a name for herself as a fundraiser. [18], In 2009, he was diagnosed with progressive supranuclear palsy, with a few years to live. There's really a lack of leadership.. Kirstein and his supporters . There were people who lived on something called Old Spanish Trail, and there were a lot of cactuses and ranches in the addresses. Books line the walls; theres a gray carpet on the floor and a view of the garden below. He left nearly all of his estate for charitable purposes, primarily through the Rainwater Charitable Foundation. Owner Mike Micallef said Wednesday that the restaurants lease is up in June of 2024, and that they had not received an offer to renew from Sundance Square, with management turning down their request to meet face to face. Rounding out the Texas contingent on the Forbes list are members of Fort Worths Bass family. People from Fort Worth today buy apartments in New York the same way those West Texas ranchers built houses in Westover. I count her as a dancer. From the first, people watching them had the sense that the Basses were designing the perfect life for themselves. SOLD FEB 17, 2023. Steps lead down to a large formal rose garden, where there are hundreds of rosebushes, beds of herbs, perennialsmore than I can take in. WebRainwater eventually transformed the Bass family fortune from $50 million into $5 billion, amassing $100 million for himself by the time he started investing his own capital in 1986. Recently, though, its struggled to fill space, fought publicly with a downtown advocacy group and left current tenants frustrated by a lack of communication and vision. But, unfortunately, he relocated to Austin instead of North Texas, which I believe is a huge mistake. A lifelong bachelor, Sid Richardson left an estate that was assessed at $105 million when he died in 1959. Eight hundred people attended the party, which netted the school $750,000 in one nightmore than three fourths of its annual budget. Unless youre old and weak, we stand sometimes for two hours. 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 Pizza, wine, salad, and tiramisu: The complete Olivella's package. Fort Worth. Perhaps it seems normal because of those historical novels I read. As we approach the house, we talk about books and she becomes animated, saying that she reads voraciously. It seems very normal., Thats too bad. You can read what it says.. Following the 1973 Saudi embargo, oil began its steady climb and Sid Bass began assembling his investment team. Mary just got in the way., In the New York social world most people didnt understand what had happened. 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