Waitt, who sports casual clothes and shaggy strawberry-blond hair, is one of myriad monied outsiders buying their way into show business, including Marshall Field heir Frederick (Ted) Field and Federal Express founder Frederick Smith.

FORBES: Gateway To the Stars

When he arrived in Hollywood in the early 1980s, Marshall Field's department store heir Frederick (Ted) Field, now 49, learned a valuable lesson from the natives: Use other peoples' money.

FORBES: Field of Dreams

When he arrived in Hollywood in the early 1980s, Frederick (Ted) Field, a Marshall Field department store heir who is now 49, learned from the natives: use other peoples' money.

FORBES: Field of Dreams

As a civil rights attorney, an aide to Senator Ted Kennedy, a member of the Montgomery, Maryland County Council, Tom fought for a level playing field where hard work and responsibility are rewarded and working families can get ahead.

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