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Gary Magness is an American businessman and film producer. Magness was born in Texas and grew up in Bozeman, Montana. His father was Bob Magness, the founder of Tele-Communications Inc. He attended the Western State College of Colorado, but dropped out. Through his inheritance, he is a large stockholder in Tele-Communications Inc.
5 days ago · About Gary Magness. Gary Magness's late father, Bob, started cable giant TCI, then merged with AT&T in 1999 in a $48 billion deal. He inherited half of the fortune (his late brother, Kim,...
Gary Magness is the Chairman of GMAG Holdings Corp headquartered in Denver, Colorado. GMAG Holdings is a private holding company that manages Gary’s diverse investment portfolio and oversees numerous operating businesses as well as the Gary Magness Family Foundation.
Jul 1, 2015 · Magness died in 1996, but left his kids, Gary and Kim, his stake. Kim died in 2003 but his children inherited his part of the fortune. Gary's ex-wife also got some of it.
Sep 12, 2022 · The Fifth Circuit upheld a $125 million verdict against the Colorado billionaire for his involvement in the $9.2 billion Ponzi scheme run by R. Allen Stanford. The judgment included $45 million in prejudgment interest and was based on the SEC's civil suit.
Son of Bob Magness (d. 1996), who made TCI into nation's largest cable company. Inherited hundreds of millions in stock, thanks to TCI-AT&T merger 1999, headaches from...
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Oct 8, 2020 · The receiver handling the aftermath of R. Allen Stanford’s $7 billion Ponzi scheme won a $123 million judgment against Gary Magness following a state court’s determination that the Colorado billionaire should’ve suspected fraud when he received a $79 million transfer from Stanford’s insolvent bank.
