John C. Malone | |
---|---|
Born |
Milford, Connecticut, US |
March 7, 1941
Residence | Parker, Colorado, US |
Nationality | American |
Education |
Yale University (B.A.) New York University (M.S.) Johns Hopkins University (M.S., Ph.D) |
Known for | Media proprietorship, philanthropy |
Net worth | US$7.2 billion (January 2017) |
Spouse(s) | Leslie |
Children | Tracy Amonette, Evan Malone |
Parent(s) | Daniel L. Malone |
John C. Malone (born March 7, 1941) is an American business executive, landowner and philanthropist. He served as chief executive officer (CEO) of Tele-Communications Inc. (TCI), a cable and media giant, for twenty-four years from 1973 to 1996. Malone is now chairman of Liberty Media, Liberty Global, and Liberty Interactive all which he is the majority owner, and also owns 49% of Starz Inc. and 29% of Discovery Communications. He was interim CEO of Liberty Media, until succeeded by former Oracle CFO Greg Maffei.
John C. Malone was born on March 7, 1941 in Milford, Connecticut. His father was Daniel L. Malone, an engineer. Malone is of Irish heritage.
In 1959, Malone graduated from Hopkins School in New Haven, Connecticut. In 1963, he graduated at Yale University with a BA in electrical engineering and economics, where he was a Phi Beta Kappa and National Merit scholar. In 1964, Malone graduated at Johns Hopkins University with a MS in industrial management. He also received a MS in electrical engineering at an NYU program at Bell Labs in 1965 before receiving his PhD in operations research at Johns Hopkins in 1967.
In 1963, Malone began his business career at Bell Telephone Laboratories of AT&T, working in economic planning and research and development. In 1968, he joined McKinsey & Company, and in 1970, became Group Vice President at General Instrument Corporation (GI). He was later named President of Jerrold Electronics, a GI subsidiary. For twenty-four years, from 1973 to 1996, Malone served as President and CEO of Tele-Communications Inc. (TCI).