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Amos Hostetter Jr.

From Wikipedia, the free encyclopedia
American businessman
Amos B. Hostetter Jr.
Born
Amos Barr Hostetter Jr.

(1937-01-12)January 12, 1937 (age 88)
Alma materAmherst College (B.A., Economics, 1958)
Harvard University (M.B.A., 1961)
Known forMediaOne/Continental Cablevision
SpouseBarbara Lynn Walsh[2]
Children3 children[3]
ParentAmos Hostetter Sr.

Amos Barr Hostetter Jr. (born January 12, 1937) is an American businessman, who was the founder, chairman, andCEO ofContinental Cablevision. With an estimated current[update] net worth of around $3.5 billion, he is ranked byForbes as the538th richest person in the world as of 2020.[4] He has also served as the chairman ofC-SPAN.

Early life and education

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Hostetter is the son of the late Amos Hostetter, a prominent trader atCommodities Corporation andHayden Stone. He attended thePingry School for his secondary education and graduated in the Class of 1954.[5] After graduating fromAmherst College in 1958 with aB.A. inEconomics, he obtained aM.B.A. fromHarvard University in 1961.

Career

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In 1963, Hostetter and his college roommate and fraternity brother,H. Irving Grousbeck, foundedContinental Cablevision inFostoria, Ohio andTiffin, Ohio. At the time of the company's sale in 1996 toUS West, it was the largest privately owned cable company.

Hostetter is currently chairman of Pilot House Associates, LLC.

In 1999, Amos and his wife, Barbara Walsh founded the Barr Foundation which has given out over $710 million in the 21 years since. In 2016, the foundation had assets totaling $1.6 billion and focuses its philanthropy in the Boston region.[6]

Personal life

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In 1982, Hostetter married Barbara Lynn Walsh ofLakeville, Connecticut in anEpiscopal ceremony.[2] They have three children: Caroline, Elizabeth, and Tripp.[3]

In 2003, Hostetter purchased the historicSecond Harrison Gray Otis House on Mount Vernon Street in Boston for an estimated $12 million.[7]

He is a Life Trustee at Amherst College, his alma mater. Barbara and Amos founded the Barr Foundation in Boston and remain trustees.[8] The $1.6 billion foundation, one of the state's largest philanthropies, makes grants for the arts, education, and climate change.[9] Hostetter donated to theLincoln Project, a Republican-led super PAC.[10]

References

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  1. ^"Amos Hostetter, Jr. - Leadership - Harvard Business School".
  2. ^ab"Barbara Walsh Becomes a Bride".The New York Times, December 16, 1984.
  3. ^ab"The World's Billionaires - Amos Hostetter Jr."Forbes, December 2020.
  4. ^"Amos Hostetter, Jr".Forbes. Retrieved2020-12-26.
  5. ^Donahue, Chris."Pingry dedicates",Courier News (Somerville, New Jersey), May 10, 2003. Accessed February 11, 2011. "The center is named after the late parents of Amos B. Hostetter Jr., who graduated from Pingry in 1954 and his sister Janet Hostetter Wilson."
  6. ^"Who's Behind the Barr Foundation?".Boston. 2016-01-31. Retrieved2018-12-01.
  7. ^"Boston.com: Local breaking news, sports, weather, and things to do".
  8. ^"Who We Are". The Barr Foundation. Archived fromthe original on 1 December 2018. Retrieved1 December 2018.
  9. ^Storrs, Francis (May 15, 2006)."The 50 Wealthiest Bostonians".Boston. Retrieved1 December 2018.
  10. ^"Six More Billionaires Donate to the Anti-Trump Lincoln Project". July 15, 2020.

External links

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