Amos Hostetter

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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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)