By Florence Gaitho on March 27 2014
Amos Hostetter Net Worth : $2.98 Billion
Amos Hostetter is an American businessman, who has an estimated net worth of $2.98 billion. In the year 1963, he invested $4,000 in a cable company that later became well-known as the Continental Cablevision. In 1996, Hostetter sold the company to US West for a whooping $11 billion, but later bought the company back and renamed it MediaOne. Today, MediaOne is the largest privately-owned cable company in the United States.
In 2000, Hostetter sold the company again, this time to AT&T for $44 billion in stock and cash. This 77-year old investor has also invested in real estate, cable and broadband operation among others. He also runs a billion-dollar endowed Barr Foundation that supports Boston museums and nonprofits.
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Florence Gaitho is a Kenyan Citizen and saying that she likes writing would be an understatement. She is a passionate writer and writing has always been her first love. Florence studied at Mount Kenya University, where she attained a Bachelor of Arts Degree. She has been a professional web content/blog/article writer since 2011, and has written articles on diverse fields.
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