First act: After stints at Tropicana and ConAgra's Healthy Choice, Hughes became CEO of Boulder teamaker Celestial Seasonings, which sold to natural-foods giant Hain for
$387 million. Hughes made $20 million.
Second act: Hughes created a $100 million SPAC (special-purpose acquisition company) in 2005; in May the SPAC paid $465 million for Smart Balance, a heart-healthy margarine
brand he plans to expand.