The Third Richest Person in Colorado Is the Largest Private Landowner in the United States
--
He is very generous with his money.
Colorado is home to a population of 5.76 million people.
However, one of the wealthiest people in Colorado is John Malone. His net worth exceeds $8.4 billion, making him the 98th richest man in the country and the third richest in Colorado.
Malone is married, has two children, and lives in Elizabeth, Colorado.
Who is John Malone?
John Malone is an American billionaire entrepreneur, the largest private landowner in the United States.
He was a chief executive officer of Tele-Communications Inc. for 24 years before becoming the largest shareholder of Liberty Global, Liberty Media, and Qurate Retail Group.
On March 7, 1941, John Malone was born in Milford, Connecticut, to parents of Irish descent. He earned his bachelor’s degree in electrical engineering and economics from Yale University in 1963. One year later, he graduated from Johns Hopkins University and got his master’s degree in industrial management.
Three years later, he received his Ph.D. in operations research at Johns Hopkins in 1967
He got tired from working at McKinsey & Company.
After graduating from Yale, Malone began his career at Bell Labs, working in finance and research.
Later on, he worked at McKinsey & Company. However, the constant traveling left him exhausted and ready to join General Instrument Corporation, becoming vice president. Malone later ran Jerrold Electronics, a General Instrument subsidy that produced minicomputers for the cable TV industry.
From the 1970s to the 1990s, Malone helped Bob Magness build a cable TV company called Tele-Communications Inc. (TCI). During that period, he served as president and CEO of TCI.
Under the leadership of Malone, TCI accumulated 8.5 million subscribers and grew into the second-largest cable company after Time Warner.
