John C. Malone Biography
John C. Malone is a millionaire businessman, landowner, and philanthropist from the United States. From 1973 to 1996, he was the CEO of Tele-Communications Inc. (TCI), and he is now the chairman and largest voting shareholder of Liberty Media, Liberty Global, Qurate Retail Group, Lionsgate, and Starz Inc. He served as Liberty Media’s interim CEO until Greg Maffei took over.
How old is John C. Malone? – Age
He is 82 years old as of 7 March 2022. He was born in 1941 in Milford, Connecticut, United States. His real name is John Carl Malone.
John C. Malone Family – Education
Daniel L. Malone, an engineer, was his father. Malone is of Irish descent, with ancestors from County Cork. Malone is a devout Catholic. Malone graduated from Hopkins School in New Haven, Connecticut in 1959. He earned a bachelor’s degree in electrical engineering and economics from Yale University in 1963, where he was a Phi Beta Kappa and National Merit scholar. Malone earned a master’s degree in industrial management from Johns Hopkins University in 1964. In 1965, he earned a master’s degree in electrical engineering through an NYU program at Bell Labs, followed by a PhD in operations research from Johns Hopkins in 1967.
John C. Malone Wife
Malone and Leslie have two children and live in Elizabeth, Colorado. His wife is involved in horse breeding and dressage, and she started Harmony Sporthorses in Kiowa, Colorado. Evan D. Malone, their son, joined the Liberty Media board of directors in 2008. Malone apparently avoids the spotlight and a luxurious lifestyle, taking family holidays in a mobile RV with long-time buddy Gary Biskup. Malone was honored a “Citizen of the West” in his home state of Colorado in 2016.
How much does John Malone own? – Net Worth
He has an estimated net worth of 9.2 billion USD.
John Malone Land Map
Malone owns Silver Spur Ranches, which includes the Silver Spur Ranch in Encampment, Wyoming, the Bell Ranch and the TO Ranch in New Mexico, Bridlewood Farm, a thoroughbred breeding, training, and racing operation in Ocala, Florida, and ranches in Walden, Colorado, and Kiowa, Colorado. He surpassed Ted Turner as the greatest individual private landowner in the United States as of 1 February 2011, possessing 2,200,000 acres (8,900 km2) of land, the most of which is in Maine, Colorado, New Mexico, and Wyoming. Humewood Castle and Castlemartin House and Estate in Ireland are among his overseas real estate assets.
John Malone Political Party
Malone’s political views have been labeled libertarian. He serves on the Cato Institute’s board of directors. In 2017, he contributed $250,000 to Donald Trump’s inauguration, with colleagues Greg Maffei, Liberty Media, and Liberty Interactive each contributing an additional $250,000. Despite this, Malone noted in a 2019 interview with CNBC, “Look, I think a lot of what Trump has tried to do—identifying problems and trying to solve them—has been great.” I just don’t think he’s the ideal person for the job. Half of the people he’s employed and thrown under the bus are now attempting to murder him. “What kind of thing is that?” He stated his support for Michael Bloomberg in the 2020 US presidential election.
John Malone Career
Malone began his career in business in 1963 by working in economic planning and research and development at AT&T’s Bell Telephone Laboratories. He joined McKinsey & Company in 1968 and General Instrument Corporation (GI) in 1970 as group vice president. After that, he became the president of Jerrold Electronics, a subsidiary of GI. Malone was president and CEO of Tele-Communications Inc. (TCI) for 24 years, from 1973 to 1996.
Malone is chairman emeritus of Cable Television Laboratories, Inc., as well as chairman of Liberty Global, Inc., which was formerly the DirecTV Group. He also serves on the boards of directors of Lions Gate Entertainment Corp., Expedia.com, Charter Communications, Warner Bros. Discovery, and Bank of New York Mellon. His ascent to director at Freedom Worldwide was antagonistic on occasion.
Rupert Murdoch reportedly had concerns that he might lose control of his company to Malone and attempted to oust him from the company with a “poison pill” strategy in 2005, when Malone held 32% of the shares in the media company News Corporation. However, only about half of those shares were voting shares. From 1974 to 1977, he served as director of the National Cable & Telecommunications Association (NCTA), and from 1980 to 1993, he served once more. Malone held the position of treasurer for the NCTA from 1977 to 1978.
In 1992, Malone authored the term 500-channel universe to portray a future media climate where countless Television stations would be accessible, by disposing of the requirement for broadcast radio stations as a scant asset.
When Malone was in charge of TCI, Al Gore allegedly gave him the nickname “Darth Vader,” which he has used in business dealings. In 1994, Malone was depicted on the cover of Wired as “Mad Max” from The Road Warrior (also known as Mad Max 2), and an interview about his fights with the FCC was included. He is otherwise called the “Link Cattle rustler”.