Olmstead of Cox Enterprises, in which each sibling owns more than a 16 percent stake, said the individual family members declined to comment. Information about them in publicly available documents is limited.
Margaretta Taylor is a philanthropist and lives in New York, according to a 2010 news release from the Wildlife Conservation Society about a $5 million donation she made to the Bronx Zoo. Katharine Rayner has a home in East Hampton, New York, where in July a court dismissed a complaint that she and fellow property owners filed in a dispute over a fence built on public-access property. James Chambers is an organic farmer and filmmaker, according to a 2013 Bard College alumni magazine.
Cox Chambers also gave some of her shares back to the company, about five percent to 32 different charities, and less than one percent directly to her grandchildren. Two other family members, James C. Kennedy, Cox Chairman, and Blair Parry-Okeden, each own almost 25 percent of Cox and have fortunes valued at $7.9 billion each, according to the Bloomberg index. They are the two children of Anne’s sister Barbara, who died in 2007.
Olmstead said the two sides of the family continue to own equal stakes of Cox Enterprises resulting from a series of internal share transactions that occurred in tandem with the matriarch’s share distribution, including buying back the charitable shares.
As part of giving away her fortune, Chambers, a former ambassador to Belgium, stepped down from Cox Enterprises’s three-person family voting trust. She named her grandson Alexander C. Taylor, the 40-year-old son of Margaretta and executive vice president at Cox, in her place, according to a document filed with the Federal Communications Commission, which licenses Cox’s television and radio properties. Kennedy and Jimmy W. Hayes, a non-family retired executive, hold the other two board seats.