Wiki Biography of John Malone
John C. Malone was born in Milford, Connecticut, on March 7, 1941. He is a landowner, business leader, and philanthropist from the United States. He is most known for serving as the CEO of Tele-Communications Inc. (TCI) from 1973 until 1996. He is the Chairman of Liberty Media, Liberty Global, and Liberty Interactive at the moment. Malone’s professional career began in 1963.
Have you ever pondered how wealthy John Malone is right now, in the middle of 2016? Malone’s net worth is believed to be $9 billion, according to credible sources. He has amassed a fortune in the media and communications industry, as well as real estate and business ventures.
John Malone has a net worth of $9 billion dollars.
John C. Malone is the son of an engineer, Daniel L. Malone, and is of Irish descent. Malone matriculated in 1959 at Hopkins School in New Haven, Connecticut, and went on to Yale University, where he earned a BA in electrical engineering and economics in 1963. Malone earned an MS in industrial management from John Hopkins University a year later. In 1967, John Malone earned a Ph.D. in operations research from John Hopkins.
Malone began his employment with AT&T Bell Telephone Laboratories shortly after receiving his Yale diploma in 1963. He joined McKinsey & Company five years later and was named Group Vice President of General Instrument Corporation (GI) in 1970. Malone was one of Tele-Communication Inc.’s most successful presidents and CEOs, serving in the position for 24 years, from 1973 to 1996. He was fairly affluent at the time, and his new position increased his net worth significantly.
Malone was on the board of directors of the National Cable & Telecommunications Association (NCTA) for three years (1974-1977) and then again for a second term (1979-1980). (1980-1993). The Bank of New York Mellon, the Cato Institute, and Expedia.com all have John Malone on their boards of directors. He is also the Chairman of Cable Television Laboratories, Inc., as well as Liberty Global, Inc. and the DirecTV Group.
John Malone and his wife Leslie have two children, Tracy and Evan, in their personal lives. Silver Spur Ranches is his company, and it has ranches in Wyoming, New Mexico, and Colorado. Malone is the largest private landowner in the United States as of 2011, owning 8,500 km2 of land, the majority of which is in Maine. Malone also has a sizable international real estate portfolio.
John Malone is also a well-known philanthropist, having founded the Malone Family Foundation in 1997 to grant scholarships to more than 30 schools across the country. In 2000, he gave $24 million to establish Yale’s Daniel L. Malone Engineering Center. In 2011, he donated $30 million to his alma mater, John Hopkins University, for a new building. Malone Hall will be the name of the structure. This billionaire gave the Yale School of Engineering & Applied Sciences a whooping $50 million. Malone’s largest gift, $60 million, was to Hopkins School for the construction of two new buildings. One will be called after his father, while the other will be named after one of his favorite teachers. But that’s not all. Malone gave $42.5 million to Colorado State University’s stem cell research in 2014.
|Net Worth||$9 Billion|
|Date Of Birth||March 7, 1941|
|Place Of Birth||Milford, Connecticut, United States|
|Education||New York University, Johns Hopkins University, Hopkins School, Yale University|
|Children||Evan Malone,Tracy Amonette|
|Parents||Daniel L. Malone|