Who is john malone

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This is the man behind Liberty Media, the mass media company that controls Formula 1. E-Learning elPost Globsa Campus. Follow us. Template Settings Reset. Layout left-main-right left-right-main main-left-right.

Malone was born on 7 March in Milford, Connecticut, a suburb north of New York City which then had a population of 2, It was during these years when he first got a taste of the telecoms industry. Malone was only 29 at the time. Within 17 years of snapping up smaller operators and acquiring minority stakes in other channels, TCI, under the management of Malone, had accumulated 8. TCI subsidiary Liberty Media would remain a separate organisation, with Malone heading the operation.

The two Irishmen offered to stay involved in the restoration and the three struck up a friendship. His Irish ancestry — his forebears hailed from Cork — also makes his investments here something of a homecoming. The Irish obsession with land ownership has evidently rubbed off on him. His main home is on the edge of the Rocky Mountains in Colorado , but his parcels of land are located across the US, including property and forests in New Hampshire and Maine which he has been visiting since , more than , acres of ranch land in New Mexico and cattle farms in Wyoming.

But it is sure enjoyable while you are on the planet to be able to go walk around or get on a horse or drive a truck around and be out in the open. Ireland just has some of the most beautiful land on planet Earth. His wife loves horses and he loves land, as well as learning about new businesses, so their joint interests brought them into bloodstock. Mirroring their Irish spending in recent years, the Malones have purchased horse-breeding and training farms in Florida and run their business, Bridlewood Farm, in Ocala, about an hour northwest of Orlando.

The farm has produced more than stakes winners and famously trained the Kentucky Derby winner Smarty Jones. There have about racehorses as well as a couple of stallions they own to service the local market. He told the owners — the Killeen Group , the motor business founded by the late Tim Mahony — to call them if they were willing to sell the stud on its own. They did and he bought it, giving him and his wife a bloodstock operation straddling the Atlantic Ocean.

This could potentially create a bovine-equine farm on the Kildare estate. His grandparents and two of his grandchildren are buried next to a medieval church he rebuilt on the grounds. You know, shit happens. I think he is a good guy and bad things happen even to good guys. Become a billionaire and invest in horses. That is what really caught Tony: leverage.

He praises the pro-business government of Fine Gael and Labour. But Ireland bellied up to the bar, so to speak, and worked its own way through with its liabilities being spread out but honoured. I just think that is a testament to a good solid country. Malone has joined fellow US investors such as property magnate Donald Trump and billionaire Baltimore businessman Charles Noell in snapping up Irish mansions and Celtic Tiger-era assets.

Does he regard Ireland as high risk? It is a relatively small part of my assets and I am doing it because I love it, both the financial investment side as well as the personal activity side. Believe me, I have lost a lot of money in Argentina. A Yale graduate of electrical engineering and economics, Malone also has a doctorate in operations research from Johns Hopkins University. He is as canny a dealmaker as he is fierce a competitor.

Through Liberty, he has held shares in a sweep of media, internet and telecoms companies, from concert group Live Nation to British cable television provider Virgin Media , from shopping channel QVC to Sirius XM satellite radio. Liberty also owns the Atlanta Braves baseball team.