Stuart Subotnick (born February 10, 1942) is an American businessman and media magnate.[1][2] He is chief executive officer and president of Metromedia Company, Inc.
In 1999, he was the 398th-wealthiest person in the U.S, with a net worth of 650 million dollars,[3] and in 2002, he was one of America's 500 wealthiest people.[2] He was the longtime right-hand-man and chief financial officer of billionaire John Kluge, who at one time was the richest man in America.[4]
Biography
Subotnick is Jewish family,[5] and grew up in a housing project in Williamsburg, Brooklyn. He has a brother and a sister.[2] He earned a Bachelor of Business Administration degree in accounting from Baruch College in 1962, a JD degree from Brooklyn Law School in 1968, and an LLM degree from New York University Law School in 1974.[2][6][7][8][9]
He is CEO and president of Metromedia Company, Inc., a privately held diversified Delaware general partnership owned by billionaire John Kluge.[8] Subotnick was general partner and Executive Vice President of Metromedia starting in 1986.[10] He has been President and Chief Executive Officer of the company since 2010.[10]
He became a director of Carnival Corporation in 1987, and a director of Carnival plc in 2003.[10] He serves as Presiding Director at Carnival plc.[8] He has been Senior Independent Director at Carnival PLC since April 2003.[8] He serves as a Director of Carnival Cruise Lines Inc.[8]
He served as Vice Chairman of the Board of Orion Pictures Corporation from 1992 to July 1997.[8] He co-founded Big City Radio Inc. in 1994.[8] He has been Chairman of the company since that year.[8]
He was a member of the board of directors of AboveNet, Inc. from July 1997 to July 2012.[8][10] He serves as a Trustee of Central Park Conservancy.[8]
From 1995 to 2001, he co-owned the New York/New Jersey MetroStars of Major League Soccer. In 2002, he owned a 330-acre thoroughbred racing farm – Anstu Stables, Inc.[11] He serves on the board of trustees for the Park East Synagogue in Manhattan.[12] In 2022, Subotnick was inducted into the Wireless Hall of Fame for his position in the cellular community.[13]
References
- ^ "Anstu Stables". NTRA. Retrieved October 18, 2013.
- ^ a b c d Mitchell, Eric. "An Owner's Profile: Stuart Subotnick". BloodHorse.com. Retrieved October 17, 2013.
- ^ "Forbes 400 Richest-List". Jacksonville.com. September 24, 1999. Retrieved October 18, 2013.
- ^ "John Kluge: The benevolent billionaire goes out in style". The Hook. Archived from the original on October 18, 2013. Retrieved October 18, 2013.
- ^ Silbiger, Steve The Jewish Phenomenon: Seven Keys to the Enduring Wealth of a People p. 91
- ^ "BOARD OF TRUSTEES THE CITY UNIVERSITY OF NEW YORK" (PDF). Retrieved October 18, 2013.[dead link]
- ^ James B. Murray (October 17, 2002). Wireless Nation: The Frenzied Launch of the Cellular Revolution. Basic Books. ISBN 9780738206882. Retrieved October 17, 2013.
- ^ a b c d e f g h i j "Stuart Subotnick: Executive Profile & Biography". businessweek.com. Retrieved October 17, 2013.[dead link]
- ^ "Board of Directors | New York Racing Association – Aqueduct". Nyra.com. Retrieved October 18, 2013.
- ^ a b c d "Stuart Subotnick". Forbes. April 18, 2012. Archived from the original on October 19, 2013. Retrieved October 17, 2013.
- ^ Mitchell, Eric. "An Owner's Profile: Stuart Subotnick". BloodHorse.com. Retrieved October 18, 2013.
- ^ Park East Synagogue Board of Trustees retrieved September 10, 2014
- ^ Wireless History Foundation (2022). "Stuart Subotnick". Wireless Hall of Fame. Retrieved March 19, 2024.