George Lindemann
Investments

George Lindemann Net Worth

George Lindemann was born in 1936 in Palm Beach, Florida and began his career in 1971 when he sold his family's eye-care company, Permalens. He then went on to found Vision Cable, Metro Mobile, and Southern Union, all of which he sold for large sums of money.
George Lindemann is a member of Investments

Age, Biography and Wiki

Birth Year 1936
Birth Place Palm Beach, Florida, United States
Age 87 YEARS OLD
Residence Palm Beach, Florida, US
Alma mater Wharton School of the University of Pennsylvania
Occupation Businessman
Title Chairman and CEO, Southern Union
Spouse(s) Frayda B. Lindemann
Children 3

💰 Net worth: $3.3 Billion (2024)

George Lindemann, a prominent American investor and businessman, is estimated to have a net worth of $3.3 billion in 2024. Lindemann is renowned for his successful and diverse investments across various industries in the United States. His investment portfolio encompasses real estate, telecommunications, energy, and art. With his astute business acumen and strategic decision-making, Lindemann has amassed considerable wealth over the years. He continues to make waves in the investment world, leveraging his expertise to seize lucrative opportunities and expand his financial empire.

2009 $1.45 Billion
2010 $1.5 Billion
2011 $2.1 Billion
2012 $2.2 Billion
2013 $2.8 Billion
2014 $3.8 Billion
2015 $3.6 Billion
2016 $3.2 Billion
2017 $3.4 Billion
2018 $3.22 Billion

Biography/Timeline

1936

George Lindemann was born to a Jewish family in 1936 in New York City. He received a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania.

1962

From 1962 to 1972, he served as the President of Smith, Miller and Patch, a pharmaceutical company. He sold Permalens, his family company, to Cooper Labs for $75 million in 1971, and founded Vision Cable in 1972. In 1982, he sold it to Samuel Irving Newhouse, Jr. and his brother for $220 million. Shortly after, he founded a cell phone company called Metro Mobile and later sold it to Bell Atlantic for $2.5 billion in 1991. He was then the CEO of Southern Union, a pipeline company, which was sold in 2012 to Energy Transfer Equity, LP for approximately $2.0 billion. He also owns 19 Spanish-speaking radio stations. He has been the President of Cellular Dynamics and the Managing General Partner of Activated Communications Limited Partnership since 1982. He has been a General Partner of Panhandle Eastern since 1990. He sits on the board of Directors of HI Europe Limited and on the advisory board of Hudson Clean Energy Partners.

2011

Lindemann serves as the President of the board of Directors of the Bass Museum of Art. George Lindemann Sr. lives in Palm Beach, Florida, with further homes on the Upper East Side and in Greenwich, Connecticut. As of September 2011, he is the 736th richest person in the world, and the 220th richest in the United States, with an estimated wealth of US$2.1 billion. He owns a 180-foot schooner, Adela, which has won international sailing competitions. The Lindemanns are members of the Jewish Federation of Palm Beach County.

2016

On the Forbes 2016 list of the world's billionaires, he was ranked #722 with a net worth of US$2.4 billion.

Some George Lindemann images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.