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Stanley Hubbard – Billionaire

Stanley Stub Hubbard (born 1933) is an American billionaire heir and business executive. He is the chairman and chief executive officer (CEO) of Hubbard Broadcasting.

Early life

Stanley Stub Hubbard was born in 1933. His father, Stanley E. Hubbard, was the founder of Hubbard Broadcasting. He has a bachelor’s degree from the University of Minnesota.

Career

Hubbard started working for Hubbard Broadcasting in 1951, became president in 1967, and chairman and CEO in 1983.

As of September 2015, he had a net worth of US$2.1 billion.

Political activity

Hubbard is a most prolific Republican donor. Hubbard made political contributions to Scott Walker’s presidential campaign in 2015. Hubbard also donated money to Our Principles PAC a Super PAC dedicated to stopping the presidential nomination of Donald Trump, but then donated to Trump-aligned Super PACs after Trump became the presumptive nominee.

Personal life

Hubbard is married to Karen, they have five children and live in St Paul, Minnesota. Their children are Kathryn Rominski, Stanley E. Hubbard, Virginia Morris, Robert W. Hubbard; Julia Hubbard Coyte.

Awards

In 1995, Hubbard was the co-recipient (along with his father) of the Distinguished Service Award from the National Association of Broadcasters.

Stanley Hubbard is the founder of one of the most successful pioneer companies in the broadcasting industry, the Hubbard Broadcasting Inc. It is a radio broadcasting and American TV Corporation which is based in Minnesota. The company also operates in New York, Minnesota, New Mexico and Wisconsin. Hubbard Broadcasting Inc. operates several TV stations and radio stations across different states in the US. In April 2011, Stanley Hubbard was reported to purchase seventeen radio stations operating across Chicago, Cincinnati, St. Louis and Washington D.C. worth $505 million from Bonneville International. The company also owns cable channels such as the Ovation TV which was purchased in August 2006 and ReelzChannel which was launched in September 2006.

At the age of 95, Stanley Hubbard died on the 27th of December 1992. Stanley Hubbard has an estimated net worth of $2.2 billion as of April 2016 according to Forbes.

Source:

  1. wikipedia
  2. therichest

 

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