Gary Magness’s net worth over time
Only dates with a published estimate are shown. Nothing is filled in between. Tap or hover a bar to see the source.
See the numbers as a table
| Date | Estimate | Source |
| 2019 | $1.3 billion | Forbes World's Billionaires List 2019 |
| 2020 | $1.1 billion | Forbes World's Billionaires List 2020 |
| 2021 | $1.6 billion | Forbes World's Billionaires List 2021 |
| 2022 | $1.4 billion | Forbes World's Billionaires List 2022 |
| 2023 | $1.4 billion | Forbes World's Billionaires List 2023 |
| 2024 | $1.3 billion | Forbes World's Billionaires List 2024 |
| 2025 | $1.4 billion | Forbes World's Billionaires List 2025 |
| 2026 | $1.4 billion | Forbes World's Billionaires List 2026 |
| Oct 2026 | $1.4 billion | Forbes Real-Time Billionaires · Forbes real-time estimate |
Where the money comes from
These are the main sources of wealth named in the reporting we cite. No published source breaks the total into exact amounts, so we do not show percentages.
Gary Magness’s fortune in real-life terms
Based on the Forbes Real-Time Billionaires estimate above. Median full-time U.S. pay is $65,416 a year ($1,258 a week, BLS, Q2 2026), before taxes. Typical (median) U.S. family net worth is $216,100 (Federal Reserve, 2025 Survey of Consumer Finances).
How do you compare to Gary Magness? New
Type your yearly income and see how you stack up. It runs in your browser: nothing you type is saved or sent anywhere.
Gary Magness has an estimated net worth of $1.4 billion, according to Forbes Real-Time Billionaires, Gary Magness profile (figures as of October 20, 2026). That is up from $1.3 billion in 2019.
Gary Magness is an American businessman, investor and film producer. He is the son of Bob Magness, who founded the cable giant Tele-Communications Inc., better known as TCI. Gary was born in Texas and grew up in Bozeman, Montana. He attended Western State College of Colorado but left before finishing. He now lives in Denver with his wife and three children.
Magness inherited half of his father's fortune, with his late brother Kim receiving the rest. He chairs the Magness Investment Group, whose holdings have included Magness Land & Cattle, the Denver data center Fortrust and aquaculture breeding farms. He spends much of his time on off-road racing, making movies and giving to charity, and he also collects vintage cars. Forbes does not count him as self-made, since his fortune began with an inheritance.
How Gary Magness got his money
The family fortune was built on cable television. Bob Magness started TCI and built it into a cable giant. In 1999 TCI merged with AT&T in a $48 billion deal, which turned the family's shares into a huge pool of wealth. Gary's half of that inheritance is the root of his fortune today.
Since then he has spread the money across many areas. Forbes says he invests in oil, gas and real estate and owns cattle ranches in Colorado. In 2007 he and his wife, Sarah Siegel-Magness, founded Smokewood Entertainment, which she runs. The company produced the Oscar winning film Precious in 2009, along with other movies. He has produced three films and is working on a fourth.
How Forbes has valued Gary Magness
Forbes put Magness at $1.3 billion in 2019 and $1.1 billion in 2020. His estimate rose to $1.6 billion in 2021, his highest so far, before settling at $1.4 billion in both 2022 and 2023. In 2024 Forbes valued him at $1.3 billion.
His figure has been steady since. Forbes estimated him at $1.4 billion in 2025 and again on its 2026 World's Billionaires List. As of October 20, 2026, the real-time tracker also showed $1.4 billion. A mix of ranches, energy, real estate and other private assets helps keep his number from swinging much. He has also given to the Food Bank of the Rockies, the University of Denver and The Fresh Air Fund.
Career and money timeline
- 1999
TCI, founded by his father, merged with AT&T.
- 2007
He cofounded Smokewood Entertainment with his wife, Sarah Siegel-Magness.
- 2008
He produced the film Tennessee.
- 2009
Smokewood produced the Oscar winning film Precious.
- 2013
He produced the film Crazy Kind of Love.
Gary Magness net worth FAQ
What is Gary Magness's net worth?
Gary Magness's net worth is an estimated $1.4 billion, according to Forbes Real-Time Billionaires, Gary Magness profile (October 20, 2026). It is an estimate, not an official figure.
How did Gary Magness get so rich?
The main sources named in the reporting we cite are: Cable TV, investments.
Is Gary Magness a billionaire?
Yes. Forbes Real-Time Billionaires estimates Gary Magness is worth $1.4 billion.
How has Gary Magness's net worth changed?
The earliest published estimate we track is $1.3 billion (2019, Forbes World's Billionaires List 2019). The latest is $1.4 billion (October 20, 2026).
What movies has Gary Magness produced?
His film credits include Tennessee, Precious, Judy Moody and the Not Bummer Summer and Crazy Kind of Love. Precious won an Oscar.
Sources
- Forbes Real-Time Billionaires, Gary Magness profile (October 20, 2026)
- Forbes World's Billionaires List 2019, Gary Magness profile (March 5, 2019)
- Forbes World's Billionaires List 2020, Gary Magness profile (April 7, 2020)
- Forbes World's Billionaires List 2021, Gary Magness profile (April 6, 2021)
- Forbes World's Billionaires List 2022, Gary Magness profile (April 5, 2022)
- Forbes World's Billionaires List 2023, Gary Magness profile (April 4, 2023)
- Forbes World's Billionaires List 2024, Gary Magness profile (April 2, 2024)
- Forbes World's Billionaires List 2025, Gary Magness profile (April 2025)
- Forbes World's Billionaires List 2026, Gary Magness profile (March 10, 2026)
- U.S. Bureau of Labor Statistics, Usual Weekly Earnings (Q2 2026) (July 2026)
- Federal Reserve, 2025 Survey of Consumer Finances (median family net worth, Table 4) (October 2026)
- Background facts: Wikipedia, Gary Magness (accessed October 28, 2026). Used for career facts only, never for figures.
Every number on this page is an estimate published by the source named next to it. We never fill in years with our own guesses. How we handle estimates.