Alan Gerry
Liberty, New York
Drop Out, High School
United States
cable television, Self Made
$1,400,000,000
1605
#1605 Billionaires 2019
#386 Forbes 400 2013
Alan Gerry started building a cable TV network in upstate New York in 1956.It became Cablevision Industries, which at its peak had 64 cable systems in 18 states. Gerry sold Cablevision Industries to Time Warner in 1996 for a reported $2.7 billion; he pocketed an estimated $900 million.He used that money to start own venture capital firm, Granite Associates, in 1996 to invest in emerging communications technologies.After a 17-year absence from cable, Gerry joined the advisory board of BCI Broadband in 2013.
Gerry bought the site of the 1969 Woodstock festival and a decade later turned the location into the Bethel Woods Center for the Arts, an 800 acre cultural center.Gerry initially got into cable to increase demand for TV sets--he owned a television repair shop.
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