Gary Magness Net Worth is$1.6 Billion
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Profession: Film Producer
Gary Magness net worth: Gary Magness' net worth is $1.6 billion dollars. Born in Texas and raised in Montana, Gary Magness attended the Western State College of Colorado, but ultimately dropped out. The son of telecommunications executive, Bob Magness, Gary Magness inherited Tele-Communications, Inc., a cable television company that was purchased by AT&T in the late 90s for almost $55 billion dollars. He now manages lucrative investments in oil, cattle, gas, and water, and founded the production company, Smokewood Entertainment, with his wife, Sarah. Smokewood Entertainment has produced four successful projects to date, including "Tennessee", "Judy Moody and the Not Bummer Summer", a documentary about a tribe in Brazil, and the Oscar-winning project, "Precious". When he is not focused on investments or producing work, he is the manager of Mango Racing, an off-road truck racing team. He also collects vintage cars, and has been working with the tribe featured in the documentary project to help them create a more sustainable lifestyle.
Gary Magness is an American businessman and film producer.
Gary 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. He also chairs the Magness Investment Group, whose portfolio includes Magness Land & Cattle, Fortrust, a Denver-based state-of-the-art data center, and aquaculture breeding farms. In 2007, he founded Smokewood Entertainment with his wife, Sarah Siegel-Magness. He has produced three films and he is producing a fourth one. He has made charitable donations to the Food Bank of the Rockies, the University of Denver, and The Fresh Air Fund. He collects vintage cars.
He is married with three children, and they live in Denver, Colorado.

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Gary Magness Latest News

Gary Magness and Sarah Siegel-Magness buy a rock-worthy home in the Bird Streets

Billionaire investor and film producer Gary Magness and his wife, director-producer Sarah Siegel-Magness, have bought a home in the Bird Streets area of Hollywood Hills West for $6.875 million. The seller was musician Keith "Lucky" Lehrer, drummer for such ...
Posted: March 2, 2016, 9:18 pm

Carla Louise Magness

Carla Louise Magness of Fayetteville, AR passed away Thursday, April 7, 2016, at Willard Walker Hospice Home in Fayetteville. She was born in Camden, Ark.., November 18, 1957, to Charles and Roberta Magness. Carla graduated from Camden High School in 1975.
Posted: April 8, 2016, 5:00 pm

Sam Trammell Joins Virginia Madsen, Anthony LaPaglia, and Zach Gilford in LONG TIME GONE

Director Sarah Siegel-Magness says, “The underlying message is that broken families doesn’t mean broken people.” Bobbi Sue Luther (“Judy Moody & The Not Bummer Summer”), Gary Magness (“Precious”) & screenwriter Karen McCullah are producing th ...
Posted: September 27, 2011, 3:00 am
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