Craig McCaw
Hunts Point, Washington
Bachelor of Arts/Science, Stanford University
United States
5
telecom
$1,800,000,000
1281
#1281 Billionaires 2019
#358 Forbes 400 2015
Wireless pioneer Craig McCaw and his brothers took over their dad's cable-TV business in 1966.They sold McCaw Cellular to AT&T in 1994 for $12.6 billion in stock.McCaw, with backing from Bill Gates and Boeing, cofounded Teledesic in 1990 to provide internet access via satellite. It ceased operations in 2002.He has stayed out of the limelight since stepping down as chairman of telecom operator Clearwire in 2010, two years before it was acquired by Sprint.McCaw currently chairs intellectual property licensing firm Pendrell.
Pendrell sued Amazon for patent infringement, and settled for an undisclosed sum in July 2015.McCaw owns private James Island off the coast of Vancouver, which he has been trying to sell for $75 million since 2014.
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