Jess Jackson dropped from Forbes list, transfers holdings
For the first time in decade, horse owner Jess Jackson did not make the Forbes Magazine annual list of the world's richest people.
A Forbes reporter said Jackson was dropped because he no longer owns a stake in Kendall-Jackson Winery or parent company, Jackson Family Wines. Those interests have been transferred to other family members.
The Santa Rosa Press-Democrat also reports that Jackson is still battling skin cancer. The 81-year-old survived a bout with cancer in 2009 – the year his filly Rachel Alexandra won Horse of the Year – but sources tell the newspaper that Jackson's cancer has returned.