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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


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Updated Nov. 19, 1998 by bwwebmaster
Copyright 1998, Bloomberg L.P.
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