Tampilkan postingan dengan label The Richest People In America Patrick McGovern. Tampilkan semua postingan
Tampilkan postingan dengan label The Richest People In America Patrick McGovern. Tampilkan semua postingan

The Richest People In America: Patrick McGovern

AP Photo/Lisa Poole

#90 Patrick McGovern

$4.1 billion
Source: IDG

Construction worker's son feeling pinch of publishing industry slowdown. Studied biophysics at MIT while working for first U.S. computer magazine, Computers & Automation; made associate publisher by graduation. Founded International Data Group 1964; launched trade magazine Computerworld 3 years later. Now has more than 300 magazines, trade shows, 450 Web sites. Last year sales rose 6% to $3.2 billion. Gives away stock options to employees, despite having no desire to take IDG public. Company has invested $950 million in venture capital companies in China, $150 million in India, $100 million in Vietnam, $100 million in Korea. Created McGovern Institute for brain research at alma mater.

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