Alan Gerry Net Worth is
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Alan Gerry (born December 24, 1929) is an American billionaire and founder of Cablevision Industries.


Gerry was born to a Jewish family in Liberty, New York, the son of immigrants from Russia. His father was a frozen food distributor. After high school, he joined the U.S. Marine Corps where he was placed in the electronics program and afterward he studied television repair on the G.I. Bill.
In 1951, he started a television sales, installation and repair business in a converted grain elevator in his hometown. Concerned with the poor reception in his hometown, which impacted television sales due to the mountainous terrain, he installed antennas on the top of many of the surrounding mountains in order to provide reception to the people who lived in the valleys or lived on the hillsides not facing New York City. In 1956, he convinced seven local businessmen to invest in starting a local cable television system utilizing large "community antennas" on mountaintops which gathered the signal and then transferred it via cable to the individual homeowners. The company was named Liberty Video. He opened a store purely focused on television sales but soon realized that after an initial surge in sales, the recurring cash flows from cable subscribers was where the income was. In the early 1970s, he bought out his original partners and expanded into Pennsylvania and Massachusetts renaming the company Cablevision Industries. In the early 1980s, he installed the East Coast's first high-powered microwave delivery system, creating 100,000 house sub-clusters. Thereafter, he expanded into Florida, the Carolinas and the Mid-Atlantic States and was one of the first cable operators to deploy fiber optic cable. In 1996, he sold Cablevision Industries - then the 8th largest cable company and the largest privately owned cable company in the United States with 64 cable systems covering 1.3 million subscribers in 18 states - to Time Warner Cable for $2.7 billion,
Gerry founded

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Alan Gerry Latest News

Dad and daughter offer ‘ministry of presence’ as CBF chaplains

Of the 768 chaplains and pastoral counselors serving under endorsement of the CBF, Alan and Sarah are the only father-daughter duo serving as chaplains in the same military branch and serving in the s...
Posted: July 10, 2018, 11:27 am

Arlington cyclists to ride Pan-Mass Challenge

Alan Buckler, Anthony Casieri, Kim Cherelli, Samit Chhabra, Gregory Costello, Jen Cunningham-Butler, Chip Daley, Sam Duncan, Gerry Eaton, Linda Epstein, Josh Fenollosa, Alex Friel, Richard Gallagher, ...
Posted: July 10, 2018, 8:39 am

Guest Notes: Not more talk of a second EU referendum, optimism lies ahead for Vote Leave and a young addition to an old House

My ears pricked up last Sunday when the Yorkshire playwright Alan Bennett told Andrew Marr ... reason is that voters don’t like being asked the same question twice, as Gerry Malone found to his chagri...
Posted: July 19, 2018, 4:51 pm
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