"His fortune was founded in building up TCI, a US cable TV business that Mr Malone was hired to turn around when he was still in his 20s. He eventually sold to AT&T for a staggering $48bn (€39bn) in 1998. He then shifted to heading up Liberty Global, which he built into the world's biggest international cable company. That empire now includes businesses like the Formula One racing series and concert promoter Live Nation Entertainment."
"Mr Malone and his wife, Leslie, have said they intend to ensure the bulk of their roughly two million acres will remain open land rather than ever being developed. The businessman has said that he wants to make sure much of the land remains open in perpetuity. "We're big into conservation," he said. "Our biggest push right now is to make sure that the, give-or-take, two million acres we own are going to be kept open.""
John Malone, 84, is retiring as chair of Liberty Media and Liberty Global. His fortune was founded in building up TCI, a US cable TV business he rebuilt in his 20s and later sold to AT&T for $48bn (€39bn) in 1998. He then built Liberty Global into the world's biggest international cable company, with holdings including the Formula One racing series and Live Nation Entertainment. Nicknamed the 'Cable Cowboy', he became the largest private landowner in the US with roughly two million acres and a stated commitment to keep that land open in perpetuity. In Ireland, Liberty Global bought Virgin Media in 2013 and added TV3; Malone also assembled the MHL Hotel Collection with 2,300 bedrooms and operates the five-star College Green Hotel.
Read at Irish Independent
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