George Lindemann Net Worth

How much is George Lindemann Worth?

in Richest BusinessmenRichest Billionaires
George Lindemann net worth:
$4 Billion

George Lindemann Net Worth: George Lindemann is an American entrepreneur and investor who has a net worth of $4 billion. Born to a Jewish family in 1936 in New York, George Lindemann made his wealth with various businesses. A graduate of the Wharton School of the University of Pennsylvania, he started to earn his fortune as the President of Smith, Miller and Patch, a pharmaceutical company. In 1971, Lindemann got his billionaire start when he sold his family company Permalens, an eye-care company, for $75 million to Cooper Labs. The next year, he established Vision Cable, a cable TV provider, but a decade later, he sold it for $220 million to Newhouse brothers, Samuel, Jr. and Donald. Soon, Lindemann launched a cell phone company, Metro Mobile, which he sold for $2.5 billion to Bell Atlantic in 1991. Then, he got into pipeline business serving as CEO of Southern Union, a natural gas company. In the beginning of 2012, Lindemann sold Southern Union for over $5 billion to Texas billionaire Kelcy Warren, the owner of Energy Transfer Equity. Currently, the New Yorker billionaire holds 19 Spanish-speaking radio stations, and since 1982, he has served as the President of Cellular Dynamics and the Managing General Partner of Activated Communications Limited Partnership. Moreover, Lindemann has been a General Partner of Panhandle Eastern since 1990, and he also sits on the Boards of HI Europe Limited and Hudson Clean Energy Partners. In addition, Lindemann is a great supporter of the Center for Jewish History and the Jewish Federation of Long Beach Country, and he has donated a bulk of money to Republican candidates, including Virginia Foxx, Ed Royce, Michele Bachmann, Denny Rehberg and Newt Gingrich.

George Lindemann Net Worth

George Lindemann

Date of Birth
United States of America
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