George Gillett Jr Net Worth is$700 Million
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Profession: Businessperson
Date of Birth: Oct 22, 1938
Nicknames: George Gillett Jr.
Ethnicity: White American
Country: United States of America
George Gillett Jr net worth: George Gillett, Jr. is an American businessman who has a net worth of $700 million. George Gillett Jr's early career included a stints as a regional sales manager and marketing/management consultant in the early sixties. By 1966 Gillett became the manager and partner of the Miami Dolphins. He eventually bought a 20 percent interest of the Dolphins NFL franchise for $1 million. Two years later, he sold his share for $3 million to buy the Harlem Globetrotters and later started a national radio group called Globetrotters Communications. By the late seventies, Gillett started his own radio and television organisation, Gillett Communications, later owning many affiliates including CBS. Throughout the 1980s, Gillett acquired several organisations including Nashville's WSM television station, Storer Broadcasting, Vail and Beaver Creek Ski Resorts. By the mid 1990's, he formed Booth Creek Ski Holdings, building several ski resorts, in New Hampshire, California and Washington. At the beginning of the century, Gillett's business interests expanded to sports, purchasing 80 per cent interest in NHL Montreal Canadian and its home arena (Molson Centre) for a whopping $185 million. He also purchased several NASCAR teams. In 2007, Gillett and business partner Tom Hicks became owners of Liverpool F.C. By 2010, Gillett lost ownership of Liverpool F.C.
George Nield Gillett Jr. is an American businessman. Originally from Wisconsin he lives in Vail, Colorado. He is married and has four children.
George Gillett graduated from Lake Forest Academy in 1956.welth 111.2b. He attended Amherst College and is a 1961 graduate of Dominican College in Racine, Wisconsin. Gillett's first job following college was with Crown Zellerbach as regional sales manager.
Gillett's career continued in the 1960s in marketing and management consulting, initially with McKinsey & Co. A sports fanatic since childhood, by 1966 he was business manager and partner of the Miami Dolphins. In 1966 he purchased a 20% interest in the Miami Dolphins NFL franchise for $1 million. He sold this interest in 1968 for $3 million and used some of the proceeds to purchase the nearly defunct Harlem Globetrotters and later started Globetrotters Communications, a nationally syndicated radio group. He reinvigorated the Globetrotters by an intense marketing effort that included a popular cartoon series.
In 1978, Gillett bought Packerland. With the successful venture of Packerland, Gillett then diversified into radio and television with the start of Gillett Communications Company. At its peak, Gillett Communications owned network affiliates, the majority of which were CBS, in many of the country's major television markets.
In 1979 he launched Gillett Communications by buying three small television stations. Three years later he bought the WSM television station in Nashville. In 1984 Gillett acquired Appleton-based Post Corporation's eight television stations, 22 newspapers and associated plants; the non-broadcast assets were sold to Thomson Corporation and other buyers. In 1987 he acquired Storer Broadcasting using Kohlberg Kravis Roberts junk bonds, after the Federal Communications Commission (FCC) lifted restrictions on ownership.
In 1985 Gillett acquired Vail Associates' Vail and Beaver Creek ski resorts. George would often ride chairlifts and greet

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George Gillett Jr Latest News

Stu Cowan: Former owner George Gillett Jr. has fond memories of Canadiens

Wednesday marked the 17th anniversary of George Gillett Jr. purchasing 80.1 per cent of the Canadiens and 100 per cent of what was then called the Molson Centre from Molson Inc. in a deal valued at $275 million. A lot of things have changed since then ...
Posted: February 1, 2018, 2:52 pm

As Vail's Trailblazing Owner, George Gillett Finds There's No Business Like Snow Business

Safely down, the relieved novice offers to pay for the lesson. “That won’t be necessary,” says George Gillett Jr., 50, extending a gloved hand. “I own the mountain.” In the three years since he bought Vail (actually, the government owns the ...
Posted: December 6, 2017, 3:58 am

Fast and Furious Gun Found at Murder Scene Was Purchased By Embattled ATF Supervisor

A Fast and Furious gun found at the murder scene of Mexican beauty queen Maria Susana Flores, appears to have been purchased by embattled ATF supervisor George Gillett. Flores was ... Jaime Avila, Jr. recently plead guilty to a variety of charges ...
Posted: December 19, 2012, 9:31 pm
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