Craig Mccaw Net Worth (Updated 2025).

Craig McCaw, a name synonymous with wireless innovation, kicked off his career in the telecommunications industry in the late 1970s. Born into a family with a background in broadcasting, McCaw’s first foray into the field was working at a small radio station in Seattle, Washington. It was here that he honed his skills in communication and developed a keen interest in the burgeoning field of wireless technology.

McCaw’s big break came in the early 1980s when he saw the potential in the fledgling cellular phone market. At the time, cellular service was expensive and primarily used by businesses. McCaw, however, envisioned a future where cellular phones would be affordable and accessible to the masses. With a loan from his father-in-law, he founded McCaw Cellular in 1983, marking the beginning of his journey towards fame and fortune in the wireless industry.

Craig McCaw’s Current Net Worth (2025)

As of 2025, Craig McCaw’s net worth is estimated to be around $1.2 billion. This figure reflects his extensive career in the telecommunications industry and his successful investments.

Career

Craig McCaw is a prominent figure in the telecommunications industry, known for his innovative approach to wireless communication. He co-founded McCaw Cellular in 1983, which later became Nextel. In 1994, he sold a majority stake in Nextel to AT&T for $11.5 billion. He then went on to found other telecommunications companies like Pacific Telesis Group and Clearwire.

Other Ventures

Besides telecommunications, McCaw has also invested in various other industries. He is a co-founder of Eagle River Holdings, a private investment firm that focuses on technology, media, and telecommunications. He has also invested in real estate, including a $100 million stake in the development of a luxury resort in Hawaii.

Assets

McCaw’s assets include a significant stake in Eagle River Holdings, as well as investments in other companies. He also owns a 200-acre estate in Hawaii, valued at around $40 million, and a private jet. His art collection, which includes works by artists like Andy Warhol and Roy Lichtenstein, is also worth millions.

Annual Income

McCaw’s annual income is primarily derived from his investments and dividends from his companies. His exact annual income is not publicly disclosed, but it’s estimated to be in the tens of millions of dollars. His income also varies year by year based on the performance of his investments.

Frequently Asked Questions about  Craig Mccaw

Frequently Asked Questions: Craig Mccaw Net Worth

1. What is Craig Mccaw’s net worth?

Craig Mccaw’s net worth is estimated to be around $1.2 billion.

2. How did Craig Mccaw make his fortune?

Craig Mccaw made his fortune as a co-founder of the wireless communications company McCaw Cellular, which was later acquired by AT&T.

3. What is Craig Mccaw’s background?

Craig Mccaw was born in Seattle, Washington, and graduated from the University of Washington with a degree in business administration.

4. When was McCaw Cellular founded?

McCaw Cellular was founded in 1983 by Craig Mccaw and his brother, Gordon Mccaw.

5. How much was McCaw Cellular worth when it was acquired by AT&T?

McCaw Cellular was worth around $11.5 billion when it was acquired by AT&T in 1994.

6. What did Craig Mccaw do after the acquisition of McCaw Cellular?

After the acquisition, Craig Mccaw served as the CEO of AT&T Wireless until 1999. He then went on to found other wireless communications companies, including Nextel.

7. What is Craig Mccaw’s current involvement in the telecommunications industry?

Craig Mccaw is currently the chairman of the board of directors of Clearwire, a wireless broadband provider.

8. What is Craig Mccaw’s philanthropic work like?

Craig Mccaw and his wife, Susan, are known for their philanthropic work, particularly in the areas of education and healthcare. They have donated millions of dollars to various causes through the Mccaw Family Foundation.

9. Does Craig Mccaw have any children?

Yes, Craig Mccaw has two children with his wife, Susan.

10. What is Craig Mccaw’s age?

Craig Mccaw was born in 1949, making him 73 years old.