Stanley Hubbard

Net Worth

$1.819B

-0.09% (24h)

Stanley S. Hubbard, a prominent figure in the media and entertainment industry, has a net worth estimated at $1.8 billion. His wealth originates from his leadership as Chairman and CEO of Hubbard Broadcasting, a company founded by his father. Under his direction, Hubbard Broadcasting has grown into a major media conglomerate owning numerous television and radio stations across the United States. His career began in 1951 at KSTP, the family's broadcasting company, and he has since been recognized for his innovations and contributions to the industry. He is a dedicated Republican supporter.

The Full Dossier

Early Life

Stanley Stub Hubbard was born in 1933. His father, Stanley E. Hubbard, founded Hubbard Broadcasting. He earned a Bachelor's degree from the University of Minnesota.

Rise to Success

Hubbard's career in broadcasting began in 1951 at KSTP, the family's broadcasting company. He became President in 1967 and Chairman and CEO in 1983. Under his leadership, Hubbard Broadcasting expanded to include numerous radio and television stations. He also founded United States Satellite Broadcasting (USSB), a pioneering direct broadcast satellite service that later contributed to the formation of DirecTV.

Key Business Strategies

Hubbard's strategies included a focus on family ownership and technological adaptation. He resisted industry consolidation, maintaining Hubbard Broadcasting as one of the last independent broadcasters.

Philanthropy

Hubbard has supported the University of Minnesota with significant donations, including a $10 million gift in 2000 that led to the formation of the Hubbard School of Journalism and Mass Communication.

Career Timeline

1981

Founded United States Satellite Broadcasting

Founded a company that was a forerunner to DirecTV.

1983

Became Chairman and CEO of Hubbard Broadcasting

Took over the top leadership position at Hubbard Broadcasting.

1967

Became President of Hubbard Broadcasting

Took a leadership role in the family business.

1951

Began working for Hubbard Broadcasting

Started at KSTP, the family's broadcasting company.

Philanthropic Impact

Education$10M

University of Minnesota

Made a significant donation in 2000, leading to the formation of the Hubbard School of Journalism and Mass Communication