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

NASCAR Top 10 Storylines 2017: Furniture Row Racing Inspires Small Teams

Just look at how it went for Red Bull Racing and George Gillett Jr. There have been a plethora of other teams that have come and gone since the inception of FRR. Visser put nearly everything he had into this team with hopes that it would succeed ...
Posted: December 7, 2017, 11:12 am

After Barnsley loss, under fire Benitez needs victory over Inter Milan

Not bad for the owners and fans of most teams. But not good enough for Tom Hicks and George Gillett Jr. And now even some of the fans are turning on Benitez. A shocking 2-1 loss at home to modest Barnsley sent the Reds tumbling out of the FA Cup on Saturday.
Posted: October 31, 2017, 5:25 am

Relevance remains a King-sized problem for Richard Petty's NASCAR team

In an effort to catch up to the power teams of the era such as Hendrick Motorsports, Roush Fenway Racing, Richard Childress Racing, Penske Racing and Joe Gibbs Racing, Richard Petty sold controlling interest of the team to George Gillett Jr. in 2009.
Posted: February 12, 2012, 4:00 pm
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