Craig McCaw’s profile picture

Craig McCaw

Craig McCaw’s profile picture
Net worth 2018: $1.75 Billion
Industry: Media
Residence: Hunts Point, Washington
Country: United States
BirthDay: 11 August 1949
Sigh: Virgo
Children: 3
Education: Bachelor of Arts / Science, Stanford University
BIOGRAPHY

Craig McCaw was bornon 11 August 1949 in Hunts Point, Washington, United States. Craig McCaw is #1348 in List Billionaires People In The World. Wireless pioneer Craig McCaw has stayed out of the limelight since stepping down as chairman of telecom operator Clearwire in 2010, two years before it was acquired by Sprint. Now he chairs intellectual property firm Pendrell, which has sued big tech firms for alleged patent infringement. After reaching an undisclosed settlement with Amazon in July 2015, Pendrell unsuccessfully went up against Apple, Google and Samsung over the same charges; a U.S. District court in Texas cleared the tech giants in separate cases in November 2015. In 1966 McCaw and his brothers took over their dad's cable-TV business. They sold McCaw Cellular to AT&T in 1994 for $12.6 billion.

NET WORTH STATISTIC
2009

$1.65 Billion

2010

$1.65 Billion

2011

$1.6 Billion

2012

$1.5 Billion

2013

$1.8 Billion

2014

$1.9 Billion

2015

$1.9 Billion

2016

$1.7 Billion

2017

$1.8 Billion

2018

$1.75 Billion

TIMELINE
2016

As of 2016 Craig McCaw is no longer on the Forbes 400 List of Wealthiest Americans

2012

In 2012 McCaw paid $35 million for a 1962 Ferrari 250 GTO, setting a new record for the most expensive car ever sold

2010

By the end of 2010, the company had expanded its 4G network to 71 markets in the U

2009

"In January 2009, Clearwire launched its first 4G mobile WiMAX network in Portland, Oregon, making it only the second city after Baltimore to offer a high-speed network at true broadband speeds

2008

" In November 2008, Clearwire completed a landmark transaction with Sprint combining their next-generation wireless broadband businesses into a new wireless communications company, which retained the name Clearwire

2007

At the end of 2007, Clearwire offered service in 46 markets in the U

2006

5 billion in 2006, following a $36 billion merger between Nextel and the Sprint Corporation in 2005

2004

In August 2004, McCaw founded Clearwire Corporation, a provider of wireless broadband Internet service

2002

In 2002, Teledesic halted satellite production; and in 2003, it sold its spectrum licenses

2000

In 2000, the company merged with Concentric Network and was renamed XO Communications

1995

By April 1995 McCaw gained effective control of the company contributing, along with his brothers, $1

1994

In 1994, McCaw and Bill Gates teamed up to form Teledesic, with an ambitious plan to form a broadband satellite communications system with nearly 300 low earth orbit satellites

1993

McCaw was a founding donor and underwriter of the Free Willy Foundation (along with Warner Brothers Studios) from 1993 to 2002, with an original $2m donation

1986

After acquiring MCI's cellular wing in 1986, the McCaw brothers sold the cable company to Cooke Cablevision (now part of Comcast)

1980

When the FCC held a lottery for cellular licenses in the early 1980s, many ordinary Americans got rich by winning the right to establish cellular systems in cities across America

1962

It was driven at the 1962 24 Hours of Le Mans by Innes Ireland and Masten Gregory

1960

Elroy entered the cable television business in the 1960s, and his four sons worked as linemen and door-to-door salesmen

1949

Craig McCaw (born August 11, 1949) is an American businessman and entrepreneur, a pioneer in the cellular phone industry

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