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Gary Magness is an American businessman and film producer. [1] [2] Magness was born in Texas and grew up in Bozeman, Montana. [2] [3] His father was Bob Magness, the founder of Tele-Communications Inc. [2] He attended the Western State College of Colorado, but dropped out. [4] Through his inheritance, he is a large stockholder in Tele ...
1 day ago · He inherited half of the fortune (his late brother, Kim, got the rest) and now focuses on off-road racing, movie producing and philanthropy. He collects vintage cars, owns cattle ranches in ...
Jan 13, 1997 · (FORTUNE Magazine) – Bob John Magness, chairman of TCI, died of cancer on November 15, leaving an estate that included loads of TCI and Liberty Media's "B" stocks--a pile worth more than...
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.
Oct 8, 2020 · The receiver handling the aftermath of Stanford's $7 billion Ponzi scheme won a $123 million judgment against Gary Magness following a state court's determination that the billionaire should've suspected fraud when he received a $79 million transfer from Stanford's insolvent bank.
- dgill@bloomberglaw.com
- Reporter
Dec 13, 2021 · Colorado billionaire Gary Magness lost his attempt to have the U.S. Supreme Court review a federal appeals court decision that he must pay back at least $79 million he received from R. Allen Stanford’s $7 billion Ponzi scheme.
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Gary Magness is the Chairman of the Magness Investment Group LLC headquartered in Denver, Colorado. The Magness Investment Group is a private holding company that manages Gary's diverse investment portfolio and oversees numerous operating businesses.
