With prestigious titles like Executive Chairman and CEO of The Madison Square Garden Company (MSG) under his name, James Dolan is one of America’s most successful businessman with a net worth that is just jaw-dropping. At 63 years of age, Dolan has built a name for himself and secured a great fortune. This piece takes a look at the net worth of James Dolan in 2018.
Early Life & Biography
The America-based businessman, James Lawrence Dolan was born on May 11th, 1955 in Massapequa, New York. He is a son to Charles Dolan who is the founder of Cablevision, and Helen Ann.
Initially, James was not always business oriented. He had already begun pursuing a career in music but later turned a new leaf and chose to major in communications. Dolan pursued his studies at the State University of New York at New Paltz.
James married Kristin Dolan in 2002. The couple, however, has recently confirmed a separation after fifteen years of marriage. Kristin and Dolan have two sons together, while Dolan has four other sons from his marriage prior to Kristin. Besides being co-parents, James and Kristin are also business partners.
During his earlier years, James struggled with alcoholism and drug problems. He was also known to have a raging temper. In 1993, he was enrolled in a drug rehabilitation center, Hazelden Clinic in Center City, Minnesota.
Career, Awards & Nominations
James Dolan began his career in the business world at Cablevision where he performed different duties in several capacities. In the 1980s, as a Cablevision vice president, Dolan created and managed WKNR-AM, Cleveland’s first all-talk sports radio station. His first major title came in 1995 when he was made the CEO of Cablevision. In June 1998 he became the President. In between that period, he was the CEO of Rainbow Media Holdings from September 1992 to October 1995. This Company was a subsidiary of Cablevision.
In 1999 he was named Chairman of Madison Square Garden and later in March 2015 became the Executive Chairman. He currently serves as the CEO and Executive Chairman of the company. James also holds the position of Director at AMC Networks, Inc. and MSG Networks Inc., which includes the regional sports networks MSG Network and MSG Plus.
He also oversees MSG’s sports teams including the New York Knicks, New York Liberty and New York Rangers.
During his free time, he takes time to be philanthropic. He helped found the Lustgarten Foundation which is known to be the country’s top private supporter in the area of pancreatic cancer research. He also supports both MSG’s and MSG Networks Inc.’s ongoing commitment to the community, particularly through the Garden of Dreams Foundation, the non-profit charity that works with both companies to help children throughout the New York metropolitan area.
Major achievements in his career have been holding the CEO title at Cablevision until 2016 June. He is currently the Executive Chairman and Chief Executive Officer at The Madison Square Garden Company. Besides his business aspect of life, James also has his band JD & The Straight Shot, which has been in existence since 2000.
Net Worth & Earnings
James Dolan’s current net worth of $1.7 billion has placed him high up in the billionaire’s circle. He has earned his fortune through his career in the corporate and business arena where since he started, has held some of the highest positions.
With outstanding success in his business ventures and career, James Dolan is set to leave a mark in the business arena. He continues to multitask by holding different titles in different companies. Therefore, more success is bound to come for him.