John Malone Net Worth: How Did John Malone Earn His Money? A successful American businessman and generous donor, John Malone lives in the United States. He formerly served as chairman of the largest U.S. cable company, Tele-Communications Inc., and is now the head of another media and communications firm, Liberty Media. Forbes named him the largest landowner in the United States in 2011, attesting to his commercial savvy.
Since 1986, Forbes has featured him as one of the wealthiest Americans. In addition, he has been recognized for his leadership and services to the cable business with various awards and honors, including the Vanguard Award from the National Cable and Telecommunications Association. Malone is prosperous in the corporate world and a generous benefactor, having given millions to numerous nonprofits and educational institutions.
John Malone Net Worth
American businessman and philanthropist John Malone are estimated to be worth $7 billion. On March 7, 1941, in Milford, Connecticut, John Malone entered the world. He holds a Bachelor of Arts from Yale University in both Electrical Engineering and Economics, a Master of Science in Industrial Management from Johns Hopkins University, a Master of Science in Electrical Engineering from New York University, and a Doctor of Philosophy in Operations Research from Johns Hopkins. Here are some clips Liberty Media Chairman John Malone On Donald Trump, AT&T-Time Warner, Media (Full Exclusive) |
Malone started his professional career in economic planning and R&D at Bell Telephone Laboratories of AT&T in 1963. Malone led Tele-Communications Inc. as president and CEO for 24 years, from 1973 to 1996. (TCI). For Liberty Media, Liberty Global, and Liberty Interactive, Malone now serves as chairman. Malone’s 2,100,000 acre holdings, the majority of which are in Maine, propelled him past Ted Turner as the largest private landowner in the United States in 2011. Here is John Malone: WarnerMedia-Discovery deal is good news for HBO Max.
Malone donated $24 million in 2000 to build the Daniel L. Malone Engineering Center at Yale. Malone donated $30 million to the Johns Hopkins Whiting School of Engineering for a new building on the Homewood Campus in 2011. Malone Hall is the name of this structure. Also, he donated $50 million to Yale’s School of Engineering and Applied Science that same year, making it the greatest gift in its history.
How Did John Malone Earn His Money?
Until recently, he was the Chairman of Liberty Media, which has a stake in the Discovery Channel, Starz, QVC, and other businesses. Malone became wealthy through shrewd investments and the creation of industry heavyweights like TCI in the cable television sector, which he co-founded in 1973. He has worked as an executive with AT&T, GM, and Microsoft, among others.