George Lindemann’s profile picture

George Lindemann

George Lindemann’s profile picture
Net worth 2018: $3.22 Billion
Industry: Investments
Residence: Palm Beach, Florida
Country: United States
BirthDay: 1936
Children: 3
Education: Bachelor of Arts / Science, University of Pennsylvania Wharton School
BIOGRAPHY

George Lindemann was bornon 1936 in Palm Beach, Florida, United States. George Lindemann is #692 in List Billionaires People In The World. In 1971, Lindemann sold his family's eye-care company, Permalens, setting out on a career of dealmaking. One year later he founded cable TV firm Vision Cable, which he sold a decade later to the Newhouse brothers for $220 million. He started cellphone firm Metro Mobile, flipping it to Bell Atlantic for $2.5 billion in 1991, before getting into the energy business. Lindemann sold natural gas pipeline outfit Southern Union to pipeline giant Energy Transfer Equity for $5.7 billion in stock in 2012.

NET WORTH STATISTIC
2009

$1.45 Billion

2010

$1.5 Billion

2011

$2.1 Billion

2012

$2.2 Billion

2013

$2.8 Billion

2014

$3.8 Billion

2015

$3.6 Billion

2016

$3.2 Billion

2017

$3.4 Billion

2018

$3.22 Billion

TIMELINE
2016

On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2

2012

He was then the CEO of Southern Union, a pipeline company, which was sold in 2012 to Energy Transfer Equity, LP for approximately $2

1990

He has been a General Partner of Panhandle Eastern since 1990

1982

He has been the president of Cellular Dynamics and the Managing General Partner of Activated Communications Limited Partnership since 1982

1971

He sold Permalens, his family company, to Cooper Labs for $75 million in 1971, and founded Vision Cable in 1972

1962

From 1962 to 1972, he served as the president of Smith, Miller and Patch, a pharmaceutical company

1936

George Lindemann was born to a Jewish family in 1936 in New York City

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