Philip Frederick Anschutz (/ˈænʃuːts/ AN-shoots; born December 28, 1939) is an American entrepreneur. Anschutz bought out his father's drilling company, Circle A Drilling, in 1961 and earned large returns in Wyoming. He has invested in stocks, real estate and railroads. He then began investing in entertainment companies, co-founding Major League Soccer as well as multiple teams, including the Los Angeles Galaxy, Chicago Fire, Houston Dynamo, San Jose Earthquakes, and the New York / New Jersey Metro Stars. Anschutz owns stakes in the Los Angeles Lakers, Los Angeles Kings, and venues including the Staples Center, O2 Arena, and the StubHub Center.