Taking a Big Hit Rainwater's real estate, energy, and health-services properties, plus smaller ventures, slumped 29% this year VALUATION (IN MILLIONS) PROPERTY 11/17/98 1/1/98 CRESCENT REAL ESTATE EQUITIES $315.7 $552.0 CRESCENT OPERATING CO. 5.0 28.6 PIONEER NATURAL RESOURCES 118.4 125.0 ENSCO INTERNATIONAL 100.3 276.2 COLUMBIA/HCA HEALTHCARE 180.0 244.0 MAGELLAN HEALTH SERVICES 27.0 63.5 SMALL VENTURES 160.0 401.0 NATURAL GAS PARTNERS* FRESH CHOICE Health-food restaurants RICHINA* China joint venture MONET GROUP* Costume jewelry STAUBACH*Real estate services CASH 300.0 TOTAL 1,200 1,700 *Privately owned DATA: RICHARD E. RAINWATER, BUSINESS WEEK RELATED ITEMS COVER STORY: RAINWATER COVER IMAGE: Richard Rainwater: Bad Bets CHART: Real Estate Holdings CHART: Energy Holdings CHART: Health-Care Holdings TABLE: Taking a Big Hit ONLINE ORIGINAL: Zell's Apartment REIT Is Looking Sturdy Return to main story

Updated Nov. 19, 1998 by bwwebmaster
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