Special/Signature Issues » The Power List

10. The Markel Family and Alan I. Kirshner

Markel Corporation

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The largely recession-proof Markel Corp. has been on a buying spree of late, gobbling up all manner of bizarre businesses, from burrito-folding-machine makers to college-dorm-furniture outfits. The $2 billion specialty insurer, run by the Markels and chief executive Alan Kirshner, has a sophisticated investment guru in Tom Gaynor, a Warren Buffet understudy. Markel also dabbles in real estate, recently acquiring a 50-percent stake in West Broad Village. Its partnership with local developer Justin French, who threatens to let his Markel-funded properties default, could cost the company a few million. Note to French: Flipping off the Markels won't help your credit rating.

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