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John KlugeAt one time the richest person in
AmericaBy Marshall Parrish
JOHN WERNER KLUGE Born (1914-09-21)September 21, 1914
Chemnitz, Germany
Died September 7, 2010(2010-09-07) (aged 95)
Education Columbia University
Occupation Chairman, Metromedia
Wealth US$6.5 billion (2009)[1]
• Kluge was born in Chemnitz, Germany and emigrated to the United States in 1922.
Immigrating
Business Career
• Kluge's major move into media was by purchasing stock in the Metropolitan Broadcasting Corporation in the mid-1950s.
• In 1986, Kluge sold the Metromedia television stations to the 20th Century Fox film studio, which is now controlled by Rupert Murdoch's News Corporation, for a reported $4 billion dollars. Those stations would later form the core of what would become the Fox television network.
• Kluge reached his greatest successes in television by buying the syndication rights to M*A*S*H.
Generosity• In celebration of the 200th Anniversary of the Library of
Congress, Kluge donated an unprecedented $60 million to create the John W. Kluge Center at the Library of Congress.
• In 2001, Kluge donated his 7,378-acre estate in Albemarle County, Virginia to the University of Virginia. The estate, valued in excess of $45 million, was the largest gift in the University's history.
• He paid for life saving surgery for British cancer patient Craig Shergold after being asked to send a greeting or business card to the young patient. Kluge decided that the child needed medical treatment instead of a Guinness world record for most cards