John Carl  Malone net worth and biography

John Malone Biography and Net Worth

Chairman of Formula One Group

Dr. John C. Malone is Chairman of the Board of Liberty Media Corporation, Liberty Broadband Corporation and Liberty Global plc.  From 1996 to March 1999, when Tele-Communications, Inc. (TCI) merged with AT&T Corp., he was Chairman and Chief Executive Officer of TCI.  Previous to that, from 1973 to 1996, Dr. Malone served as President and Chief Executive Officer of TCI.  He currently serves on the Board of Directors for Qurate Retail, Inc., Liberty Latin America Ltd. and Discovery, Inc.  Additionally, Dr. Malone is a director emeritus of Charter Communications, Inc. and Chairman Emeritus of the Board for Cable Television Laboratories, Inc.

Born in 1941 in Milford, Connecticut, Dr. Malone was a Phi Beta Kappa and merit scholar at Yale University where he obtained a Bachelor of Science in Electrical Engineering and Economics in 1963.  He also received a Master of Science in Industrial Management from Johns Hopkins in 1964 and a Doctor of Philosophy (Ph.D.) in Operations Research from Johns Hopkins in 1967.  He has received two Honorary Degrees for Doctorate of Human Letters; the first from Denver University in 1992 and the second from Johns Hopkins University in 2012.

Dr. Malone began his career in 1963 at Bell Telephone Laboratories/AT&T in economic planning and research and development.  In 1968, he joined McKinsey & Company and in 1970 he became Group Vice President at General Instrument Corporation (GI).  He was later named President of Jerrold Electronics, a GI subsidiary.

He served as Director of the National Cable Television Association (NCTA) from 1974 to 1977 and again from 1980 to 1993.  During the 1977-1978 term, Dr. Malone was the NCTA’s Treasurer.

In 1983, Dr. Malone received the NCTA Vanguard Award, one of the highest honors in the cable television industry.  He has received many other awards and honors which include:  TVC Magazine Man of the Year Award – 1981; Wall Street Transcript’s Gold Award for the cable industry’s best Chief Executive Officer – 1982, 1985, 1986 and 1987; Wall Street Transcript’s Silver Award in 1984 and 1989; Women In Cable’s Betsy Magness Fellowship Honoree; University of Pennsylvania Wharton School Sol C. Snider Entrepreneurial Center Award of Merit for Distinguished Entrepreneurship; American Jewish Committee Sherrill C. Corwin Human Relations Award; Communications Technology Magazine Service and Technology Award; Bronze Award – 1993 Financial World CEO of the Year Competition; The Hopkins Distinguished Alumnus Award in 1994 and in 2004 the Hopkins Medal, the school’s highest award.

He is also recognized as a Yale Sterling Fellow (Harkness Circle) and in May of 2016 he was awarded the Steven J. Ross Humanitarian Award.  In October of 2016, Dr. Malone was honored by the Television Academy with the Charles F. Jenkins Lifetime Achievement Emmy Award.  On January 9, 2017 he received the Citizen of the West award which is an honor bestowed upon him through the National Western Association in Colorado.

What is John Carl Malone's net worth?

The estimated net worth of John Carl Malone is at least $604.25 million as of March 26th, 2024. Dr. Malone owns 8,702,958 shares of Formula One Group stock worth more than $604,246,374 as of April 27th. This net worth estimate does not reflect any other assets that Dr. Malone may own. Learn More about John Carl Malone's net worth.

How do I contact John Carl Malone?

The corporate mailing address for Dr. Malone and other Formula One Group executives is 12300 Liberty Boulevard, Englewood CO, 80112. Formula One Group can also be reached via phone at (720) 875-5400. Learn More on John Carl Malone's contact information.

Has John Carl Malone been buying or selling shares of Formula One Group?

John Carl Malone has not been actively trading shares of Formula One Group during the past quarter. Most recently, John C. Malone sold 41,154 shares of the business's stock in a transaction on Tuesday, August 15th. The shares were sold at an average price of $70.02, for a transaction totalling $2,881,603.08. Following the completion of the sale, the chairman now directly owns 2,729,835 shares of the company's stock, valued at $191,143,046.70. Learn More on John Carl Malone's trading history.

Who are Formula One Group's active insiders?

Formula One Group's insider roster includes Malcolm Gilchrist (Director), Gregory Maffei (CEO), John Malone (Chairman), Albert Rosenthaler (Insider), Brian Wendling (CAO), and Andrea Wong (Director). Learn More on Formula One Group's active insiders.

Are insiders buying or selling shares of Formula One Group?

During the last twelve months, Formula One Group insiders bought shares 21 times. They purchased a total of 8,760,826 shares worth more than $251,828,836.16. During the last twelve months, insiders at the sold shares 8 times. They sold a total of 318,572 shares worth more than $21,352,908.00. The most recent insider tranaction occured on April, 26th when Major Shareholder Berkshire Hathaway Inc bought 219,303 shares worth more than $5,364,151.38. Insiders at Formula One Group own 4.3% of the company. Learn More about insider trades at Formula One Group.

Information on this page was last updated on 4/26/2024.

John Carl Malone Insider Trading History at Formula One Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/15/2023Sell41,154$70.02$2,881,603.082,729,835View SEC Filing Icon  
8/11/2023Sell120,631$70.30$8,480,359.302,770,989View SEC Filing Icon  
8/9/2023Sell120,900$70.89$8,570,601.003,010,381View SEC Filing Icon  
8/7/2023Buy140,000$35.70$4,998,000.003,658,473View SEC Filing Icon  
3/6/2023Sell119,680$74.59$8,926,931.203,550,381View SEC Filing Icon  
3/3/2023Sell285,320$74.95$21,384,734.003,670,061View SEC Filing Icon  
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John Carl Malone Buying and Selling Activity at Formula One Group

This chart shows John C Malone's buying and selling at Formula One Group by year and by quarter.

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Formula One Group Company Overview

Formula One Group logo
Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams and other third parties, as well as the F2 and F3 race series. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
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Today's Range

Now: $69.43
Low: $68.95
High: $69.69

50 Day Range

MA: $68.65
Low: $65.54
High: $73.30

2 Week Range

Now: $69.43
Low: $60.95
High: $78.58

Volume

751,668 shs

Average Volume

946,269 shs

Market Capitalization

$14.46 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A