Gary Magness’s profile picture

Gary Magness

Gary Magness’s profile picture
Net worth 2018: $1.38 Billion
Industry: Media
Residence: Denver, Colorado
Country: United States
Children: 3
Education: Drop Out, Western State College of Colorado
BIOGRAPHY

Gary Magness was born in Denver, Colorado, United States. Gary Magness is #1634 in List Billionaires People In The World. Gary Magness's late father, Bob, started cable giant TCI, then merged with AT&T in 1999 in a $48 billion deal. After inheriting half his father's fortune (his brother got the other portion), Magness spends his time on off-road truck racing, movie producing and philanthropy. His wife, Sarah Siegel-Magness, runs the couple's film company, Smokewood Entertainment, which produced Oscar winner "Precious." His philanthropic activities include work with a native Brazilian tribe called the Xavante and launching the Precious Center for Teen Leadership, part of the Fresh Air Fund's outdoor camp in upstate New York for inner-city girls. He collects vintage cars, owns cattle ranches in Colorado, and invests in oil, gas and real estate. in 2016, the couple also bought a house in the Hollywood Hills worth a reported $6.875 million.

NET WORTH STATISTIC
2009

$990 Million

2010

$1.2 Billion

2011

$1.4 Billion

2012

$1.6 Billion

2013

$1.7 Billion

2014

$1.8 Billion

2015

$1.5 Billion

2016

$1.4 Billion

2017

$1.4 Billion

2018

$1.38 Billion

TIMELINE
2007

In 2007, he founded Smokewood Entertainment with his wife, Sarah Siegel-Magness

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