George Lindemann Net Worth $2.4 Billion
American investor George Lindemann is the Chairman and Chief Executive Officer of the Southern Union that has an estimated net worth of $2.4 billion as of March 2013 according to Forbes. In the “Forbes 400” list, he’s the 218th wealthiest individual and is ranked 613th in the record of World Billionaires. Produced George L. Lindemann in New York City, he earned his degree in economics from the Wharton School of the University of Pennsylvania. He currently owns 19 Spanish-language radio stations. George Lindemann afterward started Metro Mobile, a mobile telephone company, which he sold to Bell Atlantic in 1991 for $2.5 billion. Smith turned to the power business and became the CEO of the natural gas company, Southern Union. Smith sold the company in the year 2012 for more than $5 billion in cash and stock to Energy Transfer Equity possessed by Texas billionaire Kelcy Warren. Lindemann then sold the family eye-care company, Permaliens, to Cooper Labs for $75 million in 1971 to begin Vision Cable in 1972. After a decade, he sold the cable TV company to Samuel Newhouse and his brother for $220 million. Apart from his own companies, Lindemann served as the president of Cellular Dynamics and also the managing general partner of Activated Communications Limited Partnership since 1982. Since 1990, he has been the general partner of Panhandle Eastern. Smith also sits on the board of directors of HI Europe Limited as well as to the advisory board of Hudson Clean Energy Partners.