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A successful entrepreneur and businessman, Craig McCaw earned most of his billions from the cellular industry. He is the founder of Clearwire Corporation and McCaw Cellular which is now part of the AT & T Mobility. In 1994, McCaw and his brothers sold the McCaw Cellular to AT & T for only $11.5 billion. Craig McCaw was actually born to a broadcasting magnate who made a lot of wealth but also incurred a huge sum of debt.
McCaw eventually served as the Chairman of Pendrell which is an intellectual property firm set in Seattle area. As of 2012, the firm has already acquired 1,300 U.S. and foreign patents for infrastructure technologies and wireless handsets. Though he stepped down as the Chief Executive Officer of Clearwire Corporation, McCaw still maintains a small stake in the company.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2019 |
Asset |
Estimated value of Craig McCaw's 6 or 0.60% equities in Pendrell Corp (PCOAD) Entertainment Production |
$570,000 |
|
2019 |
Sale of Asset |
Selling price of Craig McCaw's 20-acre bucolic retreat up in the wine-friendly Santa Ynez County community of Solvang |
$3,650,000 |
|
2019 |
Sale of Asset |
Sale of Craig McCaw's 4,179-square-foot oceanfront property near Montecito’s scenic Miramar Beach |
$12,230,000 |
|
2014 |
Sale of Asset |
Selling price of Craig McCaw's Canadian island property, James Island |
$75,000,000 |
|
2012 |
Asset |
Purchase value of Craig McGaw's 1962 Ferrari 250 GTO |
$38,100,000 |
|
2011 |
Asset |
Purchase value of Craig McGaw's Hollywood-pedigreed Art Deco-influenced estate |
$9,000,000 |
|
2005 |
Asset |
Purchase value of Craig McGaw's 20-acre bucolic retreat up in the wine-friendly Santa Ynez County community of Solvang |
$3,450 |
|
2005 |
Sale of Asset |
Sale of Craig McCaw's stocks in Nextel Partners, Inc. to Sprint Nextel, Inc. |
$6,500,000,000 |
|
2002 |
Earning Turned Donation |
Donation to the Free Willy Foundation |
$2,000,000 |
|
2001 |
Sale of Asset |
Selling price of Craig McCaw's 305-foot superyacht Tatoosh that has a swimming pool, a 13-meter speedboat tender and an interior incorporating four giant jacuzzis |
$82,670,000 |
|
1997 |
Sale of Asset |
Sale of Craig and Wendy McCaw's Carillon Point condominium |
$2,750,000 |
|
1997 |
Asset |
Purchase value of Craig McGaw's 4,500-acre ranch in Carmel, California |
$10,000,000 |
|
1997 |
Asset |
Investment of Craig McCaw, his mother and brothers in Nextel, a wireless-phone and mobile-radio company effectively controlled by Craig McCaw |
$365,000,000 |
|
1994 |
Lawsuit Settlement |
Legal settlement against the company that had manufactured munitions on the Canadian island property, James Island, for decades |
$4,750,000 |
|
1994 |
Asset |
Purchase value of Craig McCaw's Canadian island property, James Island |
$19,000,000 |
|
1994 |
Sale of Asset |
Sprint's merger with Craig McCaw's struggling Nextel |
$36,000,000,000 |
|
1994 |
Sale of Asset |
Sale of Craig McCaw's stocks in McCaw Cellular to AT&T |
$12,600,000,000 |