How did John Malone get rich?
How did John Malone get rich?
Real Time Net Worth From the 1970s to the 1990s, Malone built up cable TV firm TCI as right hand man to founder Bob Magness (d. 1996). Malone became the CEO of TCI in 1973 at 29 years old, then sold the firm to AT&T for more than $50 billion in 1999.
How much does John Malone make a year?
Overview. Malone is the chairman of Liberty Global, a video, broadband and communications company with $10.3 billion of annualized revenue in 2021. He owns stakes in Warner Bros. Discovery, Formula One and numerous tracking stocks, and is the second-largest private landowner in the US with more than 2 million acres.
Does Liberty Media own discovery?
July 21, 2005. Old Liberty completes the spin-off of its ownership in Ascent Media Group, Inc. and Discovery Communications, Inc. into a separately traded company, Discovery Holding Company (NASDAQ: DISCA/B).
Who is the largest landowner in Colorado?
Colorado. The largest landowner in Colorado is John Malone, with 270,000 acres, He is the second largest landowner in the United States with 2.2 million acres of property.