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

George Gillett Jr Latest News

Gillett encourages Montrose leadership, CMU students

The Colorado Mesa University – Montrose Campus Entrepreneurship Day featured George Gillett, Jr., an eclectic entrepreneur whose ventures have ranged from sports teams to ski resorts to agribusiness to nuclear fusion. Gillett talked to the group that ...
Posted: April 29, 2016, 1:10 am

Report Points To Clinton-Era Gunwalking

Identifying supervisor George Gillett, Jr., who is now a cooperating witness in House Committee on Oversight and Government Reform investigations, Diaz reveals “Gillett was a street agent tracking gun store sales to ‘straw buyers’ working for ...
Posted: June 29, 2012, 5:16 pm

Strategies for success: Longtime businessman shares tips at Entrepreneurship Day

An amiable, plain-spoken native of Racine, Wisconsin, George Gillett Jr., 77, shared his strategy for success during keynote remarks before a standing-room-only crowd of business owners and college students at the 2016 Entrepreneurship Day luncheon in the ...
Posted: April 27, 2016, 5:46 pm
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