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Mark Cuban Net Worth

Emmy Wallin

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Mark Cuban Net Worth

Net Worth:$6.2 Billion
Age:65
Born:July 31, 1958
Gender:Male
Height:1.90 m (6 ft 3 in)
Country of Origin:United States of America
Source of Wealth:Entrepreneur/Investor
Last Updated:Feb 23, 2024

What is Mark Cuban’s net worth?

Introduction

As of February 2024, Mark Cuban’s net worth is roughly $6.2 Billion. 

Mark Cuban is a businessman, entrepreneur, and investor from Pennsylvania. Cuban has ventured into many diverse businesses.

He made his fortune through the sale of startups MicroSolutions and Broadcast.com in the 1990s.

He later became known as the zealous owner of the NBA’s Dallas Mavericks. He is also known for being a television personality.

He is part of such hit TV shows as Shark Tank as well as Dancing with the Stars.  

 

Early Life

Mark Cuban was born on the 31st of July 1958 in Pittsburgh, Pennsylvania.

His family made their way to the United States through Ellis Island, after immigrating from Russia.

Cuban grew up in a Jewish working-class family in Pittsburgh.

His father spent nearly half a century working at a car shop. His grandfather, Morris Chobanisky, emigrated from Russia and fed his family by selling merchandise out of the back of a truck. 

Cuban displayed a tenacity for making a deal and carving out a better life for himself. When Cuban was 12 years old, he sold garbage bags to save up for a pair of basketball shoes he liked.

He also traded other items, such as baseball cards, coins, and stamps. At 16, during a workers’ strike at the Pittsburgh Post-Gazette, he made quite a bit of money by transporting newspapers from Cleveland to Pittsburgh.

 

Education

Mark Cuban’s education took a pretty standard route until his senior year of high school when he decided to skip it and instead start his studies at the University of Pittsburgh. There he joined the Pi Lambda Phi fraternity.

After a year, he transferred to Indiana University in Bloomington. Cuban graduated from the Kelley School of Business with a Bachelor of Science degree in management. Interestingly enough, he chose Indiana University without even visiting its campus beforehand. His decision was based solely on the fact that it had the lowest tuition out of all the top-ranked business schools.

During his college years, Cuban had various business ventures, including disco lessons or a chain letter.

 

Career

After graduating in 1981, Cuban moved to Pittsburgh and took a job with Mellon Bank.

He immersed himself in the study of machines and networking.

However, he had no real desire to hang out in his home city for too long. In 1982, Cuban left Pittsburgh for Dallas.

Cuban got a job selling software in Your Business Software, which was one of the earliest PC software retailers in Dallas.

He eventually formed his own business, MicroSolutions. He soon became an expert in the field of computers and computer networking. In 1990, he sold the firm to CompuServe for $6 million.

 

Broadcast.com

His fortune, however, was far from done. Cuban and a business partner, Indiana alum Todd Wagner, started an internet radio company AudioNet in 1995.

The formation was rooted in a desire to be able to listen to Indian Hoosier basketball games online. The company proved to be a huge success.

The company was renamed ‘Broadcast.com,’ and the firm went public in 1998.

The company greatly contributed to the development of the Internet, particularly web broadcasting. Broadcast.com is credited with facilitating the first live webcast of Victoria’s Secret fashion show.

A year later, Wagner and Cuban sold it to Yahoo! for nearly $6 billion, with $1.4 billion received in Yahoo! shares. Luckily for them, they’ve done it during the height of the dot-com boom.

Just a few years later, after the bubble had finally burst, Broadcast.com was discontinued, and Yahoo!’s stock plummeted.

Cuban told Real Vision in an interview, that he saved most of his fortune by investing in options that hedged against the stock. To this day, Yahoo!’s purchase of Broadcast.com is considered by experts as one of the worst internet acquisitions in history.

 

The Dallas Mavericks

In 2000, Cuban introduced himself to the NBA community when he purchased the Dallas Mavericks NBA team (of which he is the sole owner) for $285 million from Ross Perot Jr.

Plagued by poor personnel decisions and mediocre players and coaches, the club experienced more than a decade of non-playoff basketball games.

Cuban used his new role as an owner to immediately change that.

With his trademark enthusiasm and doggedness, he revamped the culture of the team and its roster, erecting a new stadium and pampering his players. Nowadays, the Mavericks make it to the playoffs regularly.

They last won the NBA championship in 2010.

 

Landmark Theaters

In 2003 Cuban purchased Landmark Theaters, a chain of nearly 60 arthouse movie theatres.

His company, 2929 Entertainment, was responsible for such productions as the TV show Star Search and the movie Bubble.

It’s worth mentioning that he also owns a film distributor Magnolia Pictures.

 

Fallen Patriot Fund

Cuban is also no stranger to philanthropy. He founded the Fallen Patriot Fund, which helps the families of U.S. military personnel killed or injured during their service in Iraq.

He also made a $5 million donation to Indiana University for the “Mark Cuban Center for Sports Media and Technology.”

The Mark Cuban Foundation, run by his brother Brian, also supports various worthy causes regularly.

 

Mustang Town

In December 2021, Cuban purchased an entire town called Mustang, located in Navarro County in Texas.

The town has 77 acres and a population of 23.

However, it doesn’t seem like he is looking to make any money off of it.

As Cuban himself revealed, the $2 million purchase of Mustang was made as a favor to one of his friends, who put up the land for sale and struggled to find any buyers.

 

Other Business Ventures

Cuban is an investor in multiple startups and has proven time and time again that he believes in companies with a strong vision, particularly in the areas of distributed networking and social software. Some of his most notable investments were in IceRocket, a blogosphere content aggregator, and RedSwoosh, which facilitated the distribution of software and video to users.

He also financed the creation of Sharesleuth.com, a website that tracks corruption in publicly traded companies.

 

Mark Cuban Cost Plus Drug Company

In 2022, he started the Mark Cuban Cost Plus Drug Company, aimed at severely reducing the artificially inflated prices of prescription drugs in the United States.

The company was co-founded by Alexander Oshmyansky, a radiologist from Colorado.

They operate by selling generic versions of branded drugs, reducing the cost by hundreds of dollars.

For example, Mark Cuban Cost Plus Drug Company sells Fluoxetine, widely known as Prozac, for $3.90 per 30 tablets.

For comparison, the same amount of Prozac costs $22.94.

 

Mark Cuban Net Worth

As of February 2024, Mark Cuban’s estimated net worth is $6.2 Billion.

 

Mark Cuban’s Net Worth Over Time

YearNet Worth
2013$2.5 Billion
2014$2.6 Billion
2015$3 Billion
2016$3.2 Billion
2017$3.4 Billion
2018$3.7 Billion
2019$4.1 Billion
2020$4.3 Billion
2021$4.4 Billion
2022$4.7 Billion
2023$4.6 Billion
2024$6.2 Billion

 

Personal Life

Mark Cuban married Tiffany Stewart in 2002 during a private ceremony in Barbados.

They have three children: Alexis, Alyssa, and Jake. They live in the Preston Hollow area of Dallas.

In 2018, he was accused of sexual misconduct that has allegedly taken place in 2011 at a bar in Portland, Oregon.

However, after a polygraph test and statements from medical professionals, the Portland District Attorney refused to prosecute on the grounds of a lack of evidence.

 

Highlights

Here are some of the best highlights of Mark Cuban’s career:

  • Owner of NBA Dallas Mavericks
  • Shark Tank (TV-Show, 2009-)
  • How to Win at the Sport of Business (E-Book, 2011)

 

Favorite Quotes from Mark Cuban

“Sweat equity is the most valuable equity there is. Know your business and industry better than anyone else in the world. Love what you do or don’t do it.” – Mark Cuban

“It’s not whom you know. It’s not how much money you have. It’s very simple. It’s whether or not you have the edge and have the guts to use it.” – Mark Cuban

“It’s not about money or connections. It’s the willingness to outwork and outlearn everyone. And if it fails, you learn from what happened and do a better job next time.” – Mark Cuban

“If you’re prepared and you know what it takes, it’s not a risk. You just have to figure out how to get there. There is always a way to get there.” – Mark Cuban

“Always wake up with a smile knowing that today you are going to have fun accomplishing what others are too afraid to do.” – Mark Cuban

View our larger collection of the best Mark Cuban quotes!

 

3 Practical Lessons from Mark Cuban

Now that you know all about Mark Cuban’s net worth and how he achieved success, let’s take a look at some of the most practical lessons we can learn from him:

1. There’s no reason it can’t be you

After completing college, Mark moved to Dallas, Texas, where he tended a bar, sold software, and did whatever it took to learn and get ahead – even down to eating mustard and ketchup sandwiches when times were really lean.

But no matter how tough, though, he never gave up. When he felt down, and the odds were against him, he just worked harder.

2. Selling ultimately comes down to connecting and serving

Through his hard work, Mark learned another valuable lesson. If you can sell, you can accomplish just about anything. And the key to selling is connecting with people while serving them.

3. Don’t be a slave to the bank

Like Dave, Mark is passionate about staying debt-free, especially when it comes to beginning a business. In fact, he says, 99% of today’s companies can be started without capital.

 

Frequently Asked Questions

 

How much is Mark Cuban worth?

Mark Cuban’s net worth is estimated to be $6.2 Billion.
 

How old is Mark Cuban?

Mark Cuban was born on July 31, 1958, and is currently 65 years old.
 

How tall is Mark Cuban?

Mark Cuban’s height is 1.90 m, which is equal to 6 ft 3 in.
 

Summary

There’s no question about Mark Cuban being a successful investor and businessman.

Cuban is a perfect example of how you can achieve anything if you work hard. Cuban started from the bottom, and now he is on top.

From peddling stamps and running newspapers in Pittsburgh, through expertly navigating the dotcom bubble, all the way to purchasing the Dallas Mavericks, the main constants throughout his life were working hard and never giving up.

As of February 2024, Mark Cuban’s net worth is estimated to be $6.2 Billion.

If you’re interested in more net-worth content, check out our other articles!

What do you think about Mark Cuban’s net worth? Leave a comment below.

Emmy Wallin is a writer for Wealthy Gorilla. She is a young Swedish girl from Uppsala, who is currently traveling around the world. Emmy has a big passion for helping others and motivating people. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. She is the face behind the net worth profiles here on Wealthy Gorilla.

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Entrepreneurs

Pierre Omidyar Net Worth

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Pierre Omidyar Net Worth

What is Pierre Omidyar’s net worth?

Net Worth:$24 Billion
Age:56
Born:June 21, 1967
Gender:Male
Height:1.73 m (5 ft 8 in)
Country of Origin:United States of America
Source of Wealth:Entrepreneur
Last Updated:Feb 22, 2024

Introduction 

Pierre Omidyar is an American billionaire entrepreneur, computer scientist, and philanthropist.

Omidyar is the founder of eBay where he served as chairman from 1998 to 2015.

He became a billionaire at the age of 31 with eBay’s 1998 initial public offering. 

As of February 2024, Pierre Omidyar’s net worth is approximately $24 Billion.

 

Early Life 

Pierre Morad Omidyar was born on the 21st of June, 1967, in Paris, France.

His mother is a renowned linguistics scholar, and his father was employed at ‘Johns Hopkins University’ as a surgeon.

The family later settled down in the U.S., where the young boy attended the ‘Potomac School’, in Virginia.

He eventually completed his secondary education in 1984, from St. Andrew’s Episcopal School in Maryland.

 

Career 

Working with some of the richest people in the world, Pierre Omidyar has enjoyed a hugely successful career that has dominated the tech industry.

While best known as the founder of eBay, his work has included partnerships with companies including Apple and Microsoft.

He has also branched out into many media enterprises, in addition to working as a film producer on documentaries and feature films.

 

Early Career In The Tech Industry

Pierre Omidyar entered the tech industry during its formative years in the early 1990s after graduating with a computer science degree in 1988.

His first role was with the Apple subsidiary company Claris, where he led the team responsible for upgrading the MacDraw software system.

The company, under Tim Cook’s guidance, would later go on to reach $1 trillion in market value and make its CEO a multi-billionaire.

After working for Claris, Omidyar moved to Ink Development, a company he co-founded which was later rebranded as eShop Inc.

In 1996, his fortune significantly increased after eShop Inc was acquired by the Bill Gates company Microsoft for slightly under $50 million.

Earning $1 million from the deal, Omidyar was able to secure additional investment to set up what was to become his most successful venture.

 

Success With eBay In The 1990s

At the age of 28, Omidyar invested in the e-commerce platform eBay, listing items for sale and using the now-popular auctioning format.

After selling a broken laser pointer, the company began to expand its services and list goods covering the full spectrum of available markets.

Before long, eBay was generating millions in revenue, earning Omidyar significant income that would foreshadow the success of other tech moguls.

Notable pioneers such as Mark Zuckerberg would take inspiration from the success of eBay and the promise held by the growth of the internet.

Auctions on eBay included everything from airline tickets to books and other second-hand goods before Omidyar launched a public offering.

 

Additional Work & Investments

In 2002, Pierre Omidyar expanded his online empire with the acquisition of PayPal, the payment platform established by Elon Musk and Peter Tiel.

He has invested in several notable businesses, including the Montage Resort and Spa in California, which hosts many wealthy clients.

While his role at eBay has fluctuated over the years, he officially stood down from the board in 2020 to focus on his other business projects.

With that said, his activities with eBay have continued in a lesser capacity, with Omidyar retaining the title of the company’s director emeritus.

In 2023, he caused controversy after he donated nearly $2 million to defunding the police, while also investing in private security firms.

The move was widely viewed as a mercenary business tactic that potentially jeopardized the well-being of the public while allowing him to profit.

 

News Media & Film Production Ventures

In addition to his involvement in the leading technology firms, Pierre Omidyar has also invested in several media and movie production companies.

After a brief stint running the Honolulu Civil Beat news service in Hawaii, he invested in the First Look Media journalism venture with Glen Greenwald.

The company, which includes The Intercept in its listings, was inspired by the leaks from Edward Snowden, which exposed NSA spying operations.

He has also produced the documentary film Merchants of Doubt, exploring the negative impact of smoking and the industry’s nefarious practices.

In 2015, Omidyar worked with some of the richest actors in the world on another fictionalized account of hard-hitting journalism, Spotlight.

The movie, which starred Mark Ruffalo and Michael Keaton, was a huge hit at various awards ceremonies, winning the Best Picture award at the Oscars.

 

Pierre Omidyar Net Worth

As of February 2024, Pierre Omidyar’s net worth is $24 Billion.

 

Highlights 

Here are some of the best highlights of Pierre Omidyar’s career: 

  • EY Entrepreneur of The Year Award (1999) – Won 
  • Omidyar Network (2004)
  • Founder of eBay

 

Favorite Quotes From Pierre Omidyar 

“People were doing business with one another through the Internet already, through bulletin boards. But on the Web, we could make it interactive, we could create an auction, we could create a real marketplace. And that’s really what triggered my imagination if you will, and that’s what I did.” – Pierre Omidyar

“We have the technology, finally, that for the first time in human history allows people to maintain rich connections with much larger numbers of people.” – Pierre Omidyar

“In February of 1996, about six months after I created eBay, I started receiving a spate of complaints. Everyone was complaining about each other. I felt very much like I was a parent who had to adjudicate the brothers beating each other up.” – Pierre Omidyar

“Don’t let people who you may respect and who you believe know what they’re talking about, don’t let them tell you it can’t be done because often they will tell you it can’t be done, and it’s just because they don’t dare to try.” – Pierre Omidyar

“I want people to be entrepreneurs, but I want them to do it for the right reasons because they think they can change the world because they think they have got something of value to give to the world. Not because they think they can make a lot of money.” – Pierre Omidyar

 

3 Lessons From Pierre Omidyar 

Now that you know all about Pierre Omidyar’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him:

 

1. Believe In People

120 million eBay users learned to trust people they don’t know. eBay has a big influence on the entire world. Maybe other business models might be successful due to their social consequences? Influence on society is a good chance for many companies to share the principles of eBay.

 

2. Just Go And Do It

Don’t try to predict and set every action to achieve some goal in the future. 

 

3. Failures Are Good

In 1999, eBay faced epic fails. The whole eBay, the whole system stopped working almost for a day and was out of order again for the entire working day. What doesn’t kill you, makes you stronger. While you solve problems you learn things that will help avoid them in the future.

 

Frequently Asked Questions

 

How much is Pierre Omidyar worth?

Pierre Omidyar’s net worth is estimated to be $24 Billion.
 

How old is Pierre Omidyar?

Pierre Omidyar was born on June 21, 1967, and is currently 56 years old.
 

How tall is Pierre Omidyar?

Pierre Omidyar’s height is 1.73 m, which is equal to 5 ft 8 in.
 

Summary

Pierre Omidyar is a business magnate who is famous for having revolutionized the field of e-commerce, with his online bidding website, ‘eBay’.

Having a passion for computer science, as a young man he began his career with a software company called ‘Claris’, and helped his team develop ‘Apple Inc’s application ‘MacDraw II’.

As of February 2024, Pierre Omidyar’s net worth is estimated to be $24 Billion.

What do you think about Pierre Omidyar’s net worth? Leave a comment below. 

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Entrepreneurs

Peter Jones Net Worth

Emmy Wallin

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Peter Jones Net Worth

What is Peter Jones’ net worth?

Net Worth:$400 Million
Age:57
Born:March 18, 1966
Gender:Male
Height:2.01 m (6 ft 7 in)
Country of Origin:United Kingdom
Source of Wealth:Entrepreneur
Last Updated:Feb 22, 2024

Introduction 

Peter Jones is a British entrepreneur and businessman from Berkshire, England.

Jones is the last remaining original investor on the BBC Two television show Dragons’ Den and on American television series American Inventor.

As of February 2024, Peter Jones’ net worth is roughly $400 Million.

 

Early Life

Peter David Jones was born on the 18th of March, 1966, in Berkshire, England.

As a teenager, he earned money from his two passions, tennis and business. He gave tennis lessons, being a good player himself.

By 21, Jones got married and had his own house.

He tried various ventures; Jones started manufacturing PCs in his mid-twenties.

He then opened a cocktail bar after being inspired by Tom Cruise’s movie ‘Cocktail’. 

 

Career 

Peter Jones started a business making personal computers when he was 16, but after losing £200,000, he sold his brand to IBM. 

Subsequently, this led to him losing his four-bedroom home and his cars, forcing him to move back in with his parents. 

However, Jones then joined Siemens Nixdorf, and there, he was put in charge of the company’s computer division in the UK. 

Having stabilized himself, in his mid-twenties, Jones opened a bar in Windsor based on the Tom Cruise film Cocktail.

 

Setting Himself Up

Between 1998 and 2007, Peter Jones launched Phones International Group and 10telecom, which he later sold to Vodafone. 

He also founded Data Select, a mobile phone distributor; Wines4Business, an online retailer; and Celsius Resourcing, a biotechnology recruitment business. 

In 2005, he launched The Peter Jones Foundation, which was a charitable organization to support the education of young women entrepreneurs. 

A few years later, he founded the Peter Jones Enterprise Academy to teach entrepreneurial skills to folks in the United Kingdom. 

As the Academy grew, Jones oversaw the creation of campuses in Sheffield, Manchester, Amersham, Southend, Oxford, and Leamington. 

In addition to these companies and organizations, Peter Jones owns the television production company, Peter Jones TV. 

He also owns numerous properties in some of the most expensive countries in the world, such as Portugal, Switzerland, Barbados, and Beverly Hills, California. 

 

Jones’ Media Career

Peter Jones is the only remaining original member of the BBC reality series Dragons’ Den, and he has remained with the show since 2005. 

The only time he’s been absent from the show was during season 18, when he self-isolated during the COVID-19 pandemic. 

Through this program, Jones has invested in many businesses, including Levi Roots Reggae Reggae Sauce, Wonderland, and Worthenshaw’s. 

In 2006, Jones sold his TV show idea, The Inventor, to the American Broadcasting Company, which spawned the show American Inventor

Co-produced by Simon Cowell and Peter Jones TV, two seasons of the show were made, with the finale airing in 2007. 

The same year, he signed a deal with ITV to be the new face of their business programming, and he began promoting his new show, Tycoon

After its debut, Tycoon went on to inspire Tycoons in Schools, a youth enterprise competition that kicked off in 2012. 

This competition is still going strong under the title Tycoon Enterprise Competition, and it is officially supported by the Peter Jones Foundation. 

 

Jones’ Other Work

Peter James replaced Gordon Ramsay as the face of BT Business, a telecommunications holding company, in 2008. 

In 2010, Peter Jones appeared with his Dragons’ Den co-hosts in the sixth season of Hustle, and he appeared on the Leigh Francis show Celebrity Juice

Jones was a guest panelist on the BBC quiz show Never Mind the Buzzcocks in November 2010, and the following year appeared in The Magicians

Alongside that, he has also appeared twice in the “Star in a Reasonably-Priced Car” portion of Top Gear, once with Theo Paphitis and again on his own. 

In 2018, Jones became the Ambition Ambassador for Sage Group, a business software company, and he frequently appears in their TV ads. 

 

Peter Jones Net Worth

As of February 2024, Peter Jones’ net worth is $400 Million.

 

Highlights 

Here are some of the best highlights of Peter Jones’ career: 

  • Dragon’s Den (TV-Show, 2005-)
  • Commander of the Order of the British Empire (2009) 

 

Favorite Quotes from Peter Jones 

“It’s the opportunity to invest in small to medium-sized businesses giving somebody that ultimate break and at the same time being able to help grow that business into something really exciting.” – Peter Jones 

“I’m supposed to say it’s all fiery and there’s a lot of competitiveness but I genuinely think they’re fantastic. Both Tej and Jenny are a pleasure to have in the Den.” – Peter Jones

“Know your onions. In other words, because you’ve got two new Dragons you have to know what their backgrounds are, what their strengths and weaknesses are. Also, come with a plan. When you’re in the Den [know] what is it you want to achieve and then practice for when you’re in the Den. Get it pitch-perfect.” – Peter Jones 

“They’re absolutely vital because people buy people first. What you’re doing is trying to build empathy and excitement but also it’s very much about you. We are questioning the business, the business model and the experience but also at the same time we’re looking to the person who is pitching – can you do what you’re saying you can, are you capable, are you believable?” – Peter Jones

“I’m so varied now and I’ve got 28 businesses ranging from the internet to clothing companies and experiences to tailcoats.” – Peter Jones 

 

3 Selling Lessons from Peter Jones 

Now that you know all about Peter Jones’ net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. What Would You Like to Achieve? Set Your Objectives

You may find it helpful to make a list of the objectives you hope to achieve with your display.

 

2. Give Yourself Enough Time

Your display is an incredibly important tool for growing your sales. You need to allow sufficient time to plan it properly. Set aside a specific time in your diary to think the whole display through thoroughly and make your plans.

 

3. Who Can Help You?

Who else do you need to be involved in this planning process? Picking “other people’s brains” is a well-known key to success.

 

Frequently Asked Questions

 

How much is Peter Jones worth?

Peter Jones’ net worth is estimated to be $400 Million.
 

How old is Peter Jones?

Peter Jones was born on March 18, 1966, and is currently 57 years old.
 

How tall is Peter Jones?

Peter Jones’ height is 2.01 m, which is equal to 6 ft 7 in.
 

Summary

Peter Jones is an English TV presenter, entrepreneur, and businessman who is best remembered as a panelist on the BBC Two television show “Dragons’ Den” and on the American television series “American Inventor”.

As of February 2024, Peter Jones’ net worth is roughly $400 Million.

If you like this article, don’t forget to check out our article on Jordan Belfort’s net worth.

What do you think about Peter Jones’ net worth? Leave a comment below.

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Entrepreneurs

Jim Kennedy Net Worth

Emmy Wallin

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Jim Kennedy Net Worth

What is Jim Kennedy’s net worth? 

Net Worth:$8.2 Billion
Age:76
Born:November 29, 1947
Gender:Male
Height:Unknown
Country of Origin:United States of America
Source of Wealth:Media Executive
Last Updated:Feb 22, 2024

Introduction 

Jim Kennedy is an American media executive and the current chair of Cox Enterprises.

The conglomerate was founded by his grandfather, James M. Cox. Kennedy started his career in 1972, working in many media roles.

He then held many positions in the newspaper industry, including production assistant, reporter, copy editor, advertising salesman, business manager,

As of February 2024, Jim Kennedy’s net worth is estimated to be roughly $8.2 Billion. 

 

Early Life 

James “Jim” Cox Kennedy was born on the 29th of November, 1947, in Honolulu.

Kennedy is the son of Barbara Cox Anthony and airline executive Stanley C. Kennedy Jr.

His maternal grandfather was James M. Cox, the 46th and 48th governor of Ohio, newspaper publisher, and broadcaster. He received his bachelor’s degree in business administration from the University of Denver in 1970.

In 2003, he received an honorary doctorate of humane letters from Kennesaw State University. 

 

Career 

James C. Kennedy started as a newspaper production assistant at Cox Enterprises in 1972, followed by roles as a reporter, copy editor, and advertising salesman.

Kennedy’s commitment and versatility quickly propelled him into the spotlight and by 1979, he assumed the role of president at Grand Junction Newspapers, Inc.

Unlike Rupert Murdoch who started his own media company, Jim Kennedy inherited his interest in Cox Enterprises from his mother.

In 1986, he was appointed executive vice president of Cox Enterprises and his impact on the company earned him the title of the “New Kid” in the industry.

Such was his contribution to the newspaper industry that he was later inducted into the Technology Association of Georgia’s Technology Hall of Fame in 2016.

 

Pinnacle of Success

In 2004, he was honored by Georgia State University’s J. Mack Robinson College of Business Hall of Fame for his contribution to the state.

A Forbes profile in 2015 titled “This Billionaire Knows The Secret To Saving A Family Business” highlighted his career success.

Two years later, in 2017, he was ranked as the 105th-richest person globally and 37th among the wealthiest individuals in the United States.

He held the title of the wealthiest person in the state of Georgia, having built his wealth to the point of becoming a billionaire.

Kennedy is one of the richest people in the world, joining Jack Ma, and Phil Knight on the list of wealthy industrialists.

 

Becoming Philanthropist  Of The Year

Beyond his financial success, Kennedy was a recognized philanthropist, with the prestigious title of Philanthropist of the Year in 2003 from the Association for Fundraising Professionals.

Jim’s dedication to education is remembered through the Jim Kennedy Scholarship Fund and a contribution of $10 million to the University of Denver in 2008.

His fund offers 10 scholarships each year of $40,000 a piece to children of full-time Cox Enterprises employees who have a minimum 2.50 GPA.

Kennedy also contributed to the community through various foundations, serving on the board of the PATH Foundation, Ducks Unlimited, and the Atlanta Committee for Progress.

In 2008, he established the James C. Kennedy Endowed Chair in Waterfowl and Wetlands Conservation at the Mississippi State University.

Despite his remarkable success, Kennedy remains grounded and emphasizes the importance of sustainability, having featured as a speaker at Fortune’s Brainstorm Green.

 

Facing Health Challenges

Kennedy’s journey hasn’t been without challenges and in 2014, he faced a personal health crisis when diagnosed with prostate cancer.

Following his diagnosis, he threw himself behind an advocacy program for men’s health awareness, successfully raising nearly $2 million for the Movember Foundation.

He accomplished this with the help of Cox Enterprises and emerged from his ordeal cancer-free while continuing to promote health screenings for early detection.

In 2015, he announced a substantial $25 million grant to Emory for prostate cancer initiatives, proof of his ongoing commitment to health causes.

Like entrepreneur Bershan Shaw and ice hockey player, Saku Koivu, Kennedy has survived cancer and gone on to continue their life unimpeded.

 

Family Roots And Legacy

James C. Kennedy’s familial ties to Cox Enterprises are deeply rooted in his maternal grandfather, James M. Cox, serving as the 46th and 48th governor of Ohio.

This laid the foundation for the family’s involvement in media and business and was the starting point for his family’s media empire.

His sister, Blair Parry-Okeden, shares an equivalent stake in Cox Enterprises, inherited from their mother, Barbara Cox Anthony.

Kennedy is also particularly dedicated to the University of Denver, where he maintained his role as a board of trustees member.

He is actively engaged in wildlife conservation, establishing endowed chairs and centers at various institutions.

 

He’s Not Free From Controversy

Kennedy was involved in a dispute over public access rights to a river stretch he owns in Montana, stirring considerable controversy in the media.

The Wetlands America Trust presented him with its 2014 National Blue-winged Teal Award for his contribution to conserving the country’s natural resources.

His career serves as an inspiring narrative for aspiring business leaders who have started at the bottom and worked their way up in the organization.

In 2007, he inherited a 25% stake in Cox Enterprises from his mother’s estate, but had by then learned the business inside out.

 

Jim Kennedy Net Worth

As of February 2024, Jim Kennedy’s net worth is estimated to be roughly $8.2 Billion. 

 

Highlights 

Here are some of the best highlights of Jim Kennedy’s career: 

  • The current chairman of Cox Enterprises
  • He gave $3.1M to create a University Endowed Chair in Wetlands and Waterfowl Conservation at Colorado State University (2016)

 

Favorite Quotes From Jim Kennedy

“I’m still the chairman of the company. I’m still there a good bit of the time. The newspaper portion of the business is under real pressure and struggling. Newspapers need to figure out how to live in an electronically delivered news world. And they need to be able to monetize all the content they produce that is now delivered free.” – Jim Kennedy 

“Not as big an effect on television and radio. If you look at the numbers radio and television deliver, they’re still darn good, but the more ways people have to get news, entertainment or information, it segments the market.” – Jim Kennedy 

“My mother had a great love of the outdoors, and she instilled that in me. When I came to Colorado, I enjoyed — I hate to sound too corny — the majesty of the West, whether we were hunting, fishing, hiking or skiing, and I thought, “This is just so wonderful.” – Jim Kennedy 

“I’m fortunate that all three of my children hunt, to one degree or another. I’m a bowhunter for big game purely, and I only hunt with traditional equipment, so I’ve spent a lot of time hunting and not much getting.” – Jim Kennedy 

“Cox has a legacy of embracing technology and challenging the status quo. This is something we’ll continue to do. I’m personally excited to see how technology can not only improve business but also how we approach and improve sustainability and healthcare.” – Jim Kennedy 

 

3 Life Lessons From Jim Kennedy

Now that you know all about Jim Kennedy’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him:

 

1. Be Stubborn

Be stubborn on the vision and strategy. 

 

2. Make It Work

Make things work, and if you fail, keep trying. 

 

3. Stop Worrying

If your brainpower gets drained by constant worry, you’ve got nothing left for the real issues.

 

Frequently Asked Questions

 

How much is Jim Kennedy worth?

Jim Kennedy’s net worth is estimated to be $8.2 Billion.
 

How old is Jim Kennedy?

Jim Kennedy was born on November 29, 1947, and is currently 76 years old.
 

How tall is Jim Kennedy?

Jim Kennedy’s height is Unknown.
 

Summary

Jim Kennedy is an American media executive who started at Cox Newspapers.

After a stint in Grand Junction, Colorado as president of Grand Junction Newspapers, Inc.

Today, he is the chairman of Cox Enterprises. The Atlanta-based business controls the third-biggest cable operator in the U.S. 

As of February 2024, Jim Kennedy’s net worth is estimated to be roughly $8.2 Billion.  

What do you think about Jim Kennedy’s net worth? Leave a comment below. 

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