John Malone is #198 in Forbes Billionaires List, #60 in America, and #57 in Forbes 400. John was the chief executive officer of cable and media giant, Tele-Communications Inc. (TCI) for 24 years from 1973 to 1996. He surpassed Ted Turner as the greatest individual private landowner in America by February 1, 2011. He possesses 2,100,000 acres (8,500 km2) of acreage largely in Maine. As of today, Liberty Media owns stakes in Sprint, Nextel, Live Nation, Barnes & Noble and also the professional baseball team, Atlanta Braves. Additionally, it possesses a stake in Discovery Communications, a spin off from Liberty Media in 2005.
John Malone Net Worth $6 Billion
Produced John C. Malone on March 7, 1941 in Milford, Connecticut, he graduated from Hopkins School in New Heavens in 1959. John graduated from Yale University in 1963 with a diploma in Electrical Engineering and Economics. John was an associate of the Phi Beta Kappa and also a National Merit scholar. John graduated from John Hopkins University in 1964 with M.S. in Industrial Management.
John Malone’s Liberty Global consented in February 2013 to buy British cable company Virgin Media for $16 million. A month before, Liberty Media completed the spin off of its Starz Entertainment group into another firm. He also won his fight to take control of satellite radio company Sirius XM Radio when the FCC approved the takeover. He unwound his 17-year partnership at InterActiveCorp in 2010 with Barry Diller. In 1999, as a former associate of TCI Cable creator Bob Magness, he sold what was then the country’s largest cable company AT&T for $54 billion.