Stuart Subotnick Explained

Stuart Subotnick
Birth Date:10 February 1942
Alma Mater:
Occupation:businessman and media magnate
Employer:Metromedia Company, Inc.
Known For:In 1999, was the 398th-wealthiest person in the U.S.; was the longtime right-hand-man and chief financial officer of billionaire John Kluge, who at one time was the richest man in America.
Chief Executive Officer and President

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]

He is CEO and president of Metromedia Company, Inc., a privately held diversified Delaware general partnership owned by billionaire John Kluge. Subotnick was general partner and Executive Vice President of Metromedia starting in 1986. He has been President and Chief Executive Officer of the company since 2010.

He became a director of Carnival Corporation in 1987, and a director of Carnival plc in 2003.[9] He serves as Presiding Director at Carnival plc.[10] He has been Senior Independent Director at Carnival PLC since April 2003.[10] He serves as a Director of Carnival Cruise Lines Inc.[10]

He served as Vice Chairman of the Board of Orion Pictures Corporation from 1992 to July 1997.[10] He co-founded Big City Radio Inc. in 1994.[10] He has been Chairman of the company since that year.[10]

He was a member of the board of directors of AboveNet, Inc. from July 1997 to July 2012.[10] [9] He serves as a Trustee of Central Park Conservancy.[10]

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]

Notes and References

  1. Web site: Anstu Stables. NTRA . October 18, 2013.
  2. Web site: Mitchell . Eric . An Owner's Profile: Stuart Subotnick . BloodHorse.com . October 17, 2013.
  3. Web site: Forbes 400 Richest-List . Jacksonville.com . September 24, 1999 . October 18, 2013.
  4. Web site: John Kluge: The benevolent billionaire goes out in style . The Hook . October 18, 2013 . October 18, 2013 . https://web.archive.org/web/20131018044055/http://www.readthehook.com/66663/john-kluge-benevolent-billionaire-goes-out-style . dead .
  5. Silbiger, Steve The Jewish Phenomenon: Seven Keys to the Enduring Wealth of a People p. 91
  6. Web site: BOARD OF TRUSTEES THE CITY UNIVERSITY OF NEW YORK . October 18, 2013.
  7. Book: Wireless Nation: The Frenzied Launch of the Cellular Revolution . James B. Murray . October 17, 2002. Basic Books . 9780738206882 . October 17, 2013.
  8. Web site: Board of Directors | New York Racing Association – Aqueduct . Nyra.com . October 18, 2013.
  9. Web site: Stuart Subotnick . https://web.archive.org/web/20131019122546/http://www.forbes.com/profile/stuart-subotnick-1/ . dead . October 19, 2013 . Forbes . April 18, 2012 . October 17, 2013.
  10. Web site: Stuart Subotnick: Executive Profile & Biography . businessweek.com . October 17, 2013.
  11. Web site: Mitchell . Eric . An Owner's Profile: Stuart Subotnick . BloodHorse.com . October 18, 2013.
  12. https://www.parkeastsynagogue.org/about-us/board/ Park East Synagogue Board of Trustees
  13. News: Wireless History Foundation . Stuart Subotnick. March 19, 2024. Wireless Hall of Fame. 2022.