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Charles Dolan Net Worth

The Appeal of Charles Dolan

American billionaire Charles Dolan is the Creator and Chairman of Cablevision that has an estimated net worth of $3.3 as of September 2013. He’s rated 151st on the Forbes 400 List and 437th to the list of earth’s billionaires.

However, he chose to leave school and ventured into telecommunication. He started his professional career with packaging, marketing and supply of sports and industrial films together with his wife in their Cleveland dwelling. He afterwards sold the business and joined the acquiring company then moved to New York.

Dolan established Teleguide Inc., which supplied advice services via cable to New York City hotels,in the early 1960s. Dolan also founded Sterling Manhattan Cable throughout precisely the same span and this became the primary cable television business in the state. It was in 1965 that Dolan founded Home Box Office Inc., the first premium programming service in the cable television sector. Dolan dealt the company to Time Inc. in 1973 for the Long Island cable company, which is now Cablevision.

Charles Dolan also owns Madison Square Garden, among the whole world’s biggest phases. It is now experiencing an estimated $1 billion renovation. It is listed Madison Square Garden Co., and operates Radio City Music Hall, the Beacon Theater, New York Knicks basketball and New York Rangers ice hockey. The Dolan family also controls the listed AMC Networks.

A John Carroll University dropout, Dolan was born in Cleveland. His earliest professional efforts centered on the packaging, advertising and supply of sports and industrial films. Working together along with his wife in their Cleveland house, Dolan edited and made short film reels of sports events for syndication to television stations. Selling the business, Dolan joined the acquiring company and moved east to Ny. In the early 1960s, Dolan created Teleguide Inc., which provided information services via cable to New York City resorts. That same decade, he founded Sterling Manhattan Cable, the very first urban cable television business in the nation. In its early years, Sterling invented first-of-its-type arrangements to bring New York professional sports teams, cultural programming and movies into the dwellings of Nyc cable audience. In the early 1970s, Dolan founded Home Box Office Inc., the first premium programming service in the cable television industry. He organized Cablevision Systems Corporation on Long Island subsequent to the sale of Home Box Office to Time-Life, Inc. and has spearheaded many of the business’s progress. Most recently, he was the vision behind VOOM, Cablevision’s effort to expand content delivery and meet the demands of the bursting HDTV market, which was expected to comprise 6 million homes by the end of 2003 — and 12 million by yearend 2005. Dolan is a trustee of Fairfield University and an associate of the board of governors of St. Francis Hospital in Port Washington, New York.

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