Gary Magness Net Worth

Net Worth:$1.7 Billion
Date of Birth: February 26, 1954 (70 years old)
Profession:Film Producer, Businessperson
Nationality:United States of America

What is Gary Magness’s net worth? How does Gary Magness make his money? Below is the current net worth of Gary Magness and how Gary Magness makes his money.

What is Gary Magness’s Net Worth?

Gary Magness is an American film producer and businessman who has a net worth of $1.7 billion. He is the son of Bob Magness, a telecommunications executive. He inherited Tele-Communications, Incorporated, a cable television company. This company was bought for approximately $55 billion by AT&T in the late 90s.

Early Life

Gary Magness was born on 26 February 1954 in Texas he grew up in Montana. His father was Bob Magness, an executive in Tele-Communications, Incorporated.

For his education, Gary Magness attended the Western State College of Colorado, but he eventually dropped out of college.


Gary Magness is the manager of a profitable firm that deals in gas, oil, water, and cattle. Gary Magness and his wife Sarah are the founders of Smokewood Entertainment, a production company that has generated four booming projects such as the Oscar-winning project “Precious”, “Tennessee”, and “Judy Moody and the Not Bummer Summer”, a documentary about a lineage in Brazil.

Gary Magness does not have an interest in work production or investments. He manages a racing team which is known as ”Mango Racing”. He has an affiliation with the race in the documentary project to enable them to have a tangible lifestyle. Gary Magness also deals in vintage cars collection.

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