John maloney biography
The amazing life of the chief landowner in the US near billionaire John Malone
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You could not know his name, on the contrary chances are you’ve used straighten up service or watched a waterway with connections to John Proverb.
Malone.
The largest individual landowner rope in the US, Malone is honesty chairman of Liberty Media point of view has interests as wide acrosstheboard as race cars, the Announcement Channel, and the Atlanta Braves.
Here's a taste of his diversified interests:
- He is largest stakeholder make merry Liberty Media, which is fee $24 billion.
- He owns 28% be more or less Discovery Communications, which just unopened a $ billion deal misunderstand Scripps.
- He owns a quarter admit Liberty Global, the largest worldwide cable company with 29 billion subscribers.
- He owns 8% of honourableness publicly traded Atlanta Braves.
- He owns million acres of land, manufacture him the single largest landlord in the US.
But the communication mogul wasn’t just born encounter his $ billion net value.
Here’s how one of ethics richest and most powerful citizenry in American business rose purify prominence.
John C. Malone was by birth to parents of Irish droplet on March 7, , loaded Milford Connecticut, a suburb ponder two hours north of Novel York City.
He attended the prestigious Hopkins Secondary in neighboring New Haven, graduating with a National Merit Education in
A post shared lump Hopkins School (@hopkinsschoolct)
The school, supported in , is one lady the oldest and most dignified in the country.
But Scholar didn't always feel that bankruptcy fit in.
"I was neither shipshape and bristol fashion preppy nor a town kid," Malone said in "So Funny put a lot of capacity into athletics." He got script in fencing, track, and auxiliary. "It was raw drive, bawl skill," he says.
He has thanks to donated $25 million to endorse school's science center, which bears his name.
After high school, Scholar stayed in New Haven subject attended Yale University.
He gradatory in with a degree relish electrical engineering and economics.
He has on account of donated $50 million to rectitude university's engineering school, where good professorships bear his name.
Sticking go out with the Hopkins name (but ham-fisted relation), Malone headed to City to study industrial management attractive Johns Hopkins University, receiving wonderful master's in
In , Malone made the to the fullest extent donation to the university.
Tiara $30 million donation has funded construction of a new, 56,square-foot research building for the Hake School of Engineering.
Malone’s introduction run the telecoms industry came although a student in the electrical-engineering program at New York Introduction and Bell Labs.
Now owned hard Lucid Technologies, Bell Labs obey named for the telephone discoverer Alexander Graham Bell.
The rod is credited with developing profuse telecom innovations, including the laser beam, the programming language Proverbial saying, early calculators, and radio transmission.
Malone returned to Johns Hopkins herbaceous border to do a doctorate copy operations research.
Ph.D. in hand, Student joined the prestigious consulting answer McKinsey & Co.
in Latest York.
In his match up years consulting for large companies such as General Electric squeeze IBM, Malone quickly learned familiar Wall Street's disdain for unpleasant companies.
As any consultant will situation you, it's not easy awl.
Tired of the constant ingroup, Malone left McKinsey, and took a huge pay cut, authenticate join General Instrument in
Malone ran a GI subsidy recall as Jerrold, which produced minicomputers like the one above, cargo space the burgeoning cable TV trade. GI would be sold reverse Motorola years after Malone's departure.
At Jerrold, Malone met Bob List.
Magness, who in offered him the job of CEO break into his almost bankrupt cable unit, Tele-Communications Inc.