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                            <title><![CDATA[ Latest from Next TV in Forbes-400 ]]></title>
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        <description><![CDATA[ All the latest forbes-400 content from the Next TV team ]]></description>
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                                                            <title><![CDATA[ Commisso Lands on Forbes List of Richest Americans ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/commisso-lands-forbes-list-richest-americans-415979</link>
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                            <![CDATA[ Commisso Lands on Forbes List of Richest Americans ]]>
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                                                                        <pubDate>Tue, 17 Oct 2017 14:18:00 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Business]]></category>
                                                    <category><![CDATA[Distribution]]></category>
                                                    <category><![CDATA[Fates &amp; Fortunes]]></category>
                                                                                                                    <dc:creator><![CDATA[ Mike Farrell ]]></dc:creator>                                                                                                        <dc:description><![CDATA[ null ]]></dc:description>
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                                <figure class="van-image-figure pull-" data-bordeaux-image-check ><div class='image-full-width-wrapper'><div class='image-widthsetter' ><p class="vanilla-image-block" style="padding-top:56.25%;"><img id="Ddo5tcZAnsFXNhTyPingoH" name="" alt="" src="https://cdn.mos.cms.futurecdn.net/Ddo5tcZAnsFXNhTyPingoH.jpg" mos="https://cdn.mos.cms.futurecdn.net/Ddo5tcZAnsFXNhTyPingoH.jpg" align="" fullscreen="" width="" height="" attribution="" endorsement="" class="pull-"></p></div></div></figure><p>Mediacom Communications founder, chairman and CEO Rocco Commisso joined an elite club Tuesday, becoming one of <a href="https://www.forbes.com/sites/noahkirsch/2017/10/17/this-little-known-italian-immigrant-turned-cable-entrepreneur-is-worth-4-5-billion/#96fdd8d739c1">22 new entrants</a> to the <em>Forbes</em> magazine list of the 400 richest Americans.</p><p>Commisso, who <a href="https://www.nexttv.com/news/mediacom-20-years-growth-403267" data-original-url="https://www.multichannel.com/news/mediacom-20-years-growth-403267">founded Mediacom in 1995,</a> placed a very respectable No. 150 overall on the list, which was again peppered with internet billionaires and media moguls. Microsoft founder Bill Gates was No. 1 on the list for the 24th consecutive year, with a total net worth of $89 billion, up $8 billion from the prior year. Amazon chief Jeff Bezos was No. 2, worth $81.5 billion.</p><p>Commisso, estimated to be worth $4.5 billion, is the lone cable operator in <em>Forbes</em>'s new class of entrepreneurs. Netflix CEO Reed Hastings (No. 359, $2.2 billion) was also among the new entrants.<br/><br/>But the <a href="https://www.forbes.com/forbes-400/#23d458617e2f">overall list</a> had more than its share of media chieftains of much larger companies, like Dish Network chairman and CEO Charlie Ergen (No. 30, $15.8 billion); 21st Century Fox chairman Rupert Murdoch (No. 39, $12 billion); Liberty Media's John Malone (No. 56, $8.2 billion); Viacom executive chairman Summer Redstone (No. 115, $5.1 billion) and Cablevision founder Charles Dolan (No. 118, $5 billion).</p><p><strong>RELATED:</strong><a href="https://www.nexttv.com/news/mediacom-20-years-growth-403267" data-original-url="https://www.multichannel.com/news/mediacom-20-years-growth-403267">Mediacom: 20 Years of Growth</a> | <a href="https://www.nexttv.com/news/calabria-cable-chairmanship-403270" data-original-url="https://www.multichannel.com/news/calabria-cable-chairmanship-403270">Rocco Commisso: From Calabria to a Cable Chairmanship</a> | <a href="https://www.nexttv.com/news/standing-small-cable-s-interests-403268" data-original-url="https://www.multichannel.com/news/standing-small-cable-s-interests-403268">Standing Up for Small Cable’s Interests</a> | <a href="https://www.nexttv.com/news/mediacom-what-they-re-saying-403269" data-original-url="https://www.multichannel.com/news/mediacom-what-they-re-saying-403269">Mediacom: What They’re Saying</a> | <a href="https://www.nexttv.com/blog/timing-was-right-rocco-403280" data-original-url="https://www.multichannel.com/blog/timing-was-right-rocco-403280">Viewpoint: Timing Was Right for Rocco</a></p><p>Commisso has grown Mediacom from a single cable system in California to the fifth largest operator in the country, with more than 800,000 video subscribers. He has supported several educational causes, and has been a generous backer of his alma mater Columbia University, which <a href="https://www.nexttv.com/news/columbia-rename-soccer-stadium-after-rocco-commisso-325806" data-original-url="https://www.multichannel.com/news/columbia-rename-soccer-stadium-after-rocco-commisso-325806">named its soccer field after him in 2013.</a> In January, Commisso <a href="https://www.nexttv.com/news/commisso-commits-cosmos-410085" data-original-url="https://www.multichannel.com/news/commisso-commits-cosmos-410085">purchased the New York Cosmos</a> of the North American Soccer League, and has been an avid fan and supporter of U.S. soccer. He was part of the <a href="https://www.nexttv.com/blog/fever-pitch-415884" data-original-url="https://www.multichannel.com/blog/fever-pitch-415884">anti-trust suit</a> filed against U.S. soccer’s governing body, the United States Soccer Federation – last month.</p><p>But according to the <em>Forbes</em> article, Commisso's mind continues to be focused on Mediacom.</p><p>"All the guys that are on the <em>Forbes</em> 400, we're married to our businesses,” Commisso told the magazine.</p>
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