Anne Cox Chambers
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| Anne Cox Chambers | |
| Born | December 1, 1919 (age 89) Dayton, Ohio United States |
|---|---|
| Occupation | Cox Enterprises |
| Net worth | ▲ $13 billion USD Forbes 400 |
Anne Cox Chambers (born December 1, 1919) is a billionaire media proprietor. She is the daughter of James M. Cox, a newspaper publisher and 1920 Democratic Presidential nominee, and his second wife, Margaretta Parler Blair. She owns and controls her father's business interests, through Cox Enterprises. She lives in Atlanta, Georgia. Her sister, Barbara Cox Anthony, died on May 28, 2007.
An alumna of Finch College and a generous financial supporter of the Democratic Party, she was President Jimmy Carter's pick as United States Ambassador to Belgium from 1977 to 1981.
Her net worth has been estimated at $13 billion,[1] based principally on her equity interest in Cox Enterprises, which makes her the fourth richest woman in the United States.
Anne Cox Chambers holds the Chair of Atlanta Newspapers and serves as a Director of Cox Enterprises, one of the largest diversified media companies in the United States. It owns one of the nation's largest cable television businesses, Cox Communications, which provides internet and telephone; publishes newspapers including The Atlanta Journal-Constitution and The Palm Beach Post; owns and operates broadcast television and radio stations; and owns Manheim, an automobile auction firm. It also owns stakes in a variety of internet businesses, including Autotrader, the largest retail automotive shopping site in the world. The Ambassador's nephew James Kennedy is CEO of Cox Enterprises.
In 2004 Cox Enterprises announced a debt financed $7.9 billion privatization bid for the 38% of the cable television business Cox Communications that it does not already own. With approximately 6.3 million cable subscribers Cox also provides high-speed Internet service to more than 2 million homes and telephone service to 1.1 million homes.
A respected business and community figure in Atlanta, Ambassador Chambers also served as a Director of Coca-Cola during the 1980s and a leading regional financial institution, Fulton National Bank. She was the first woman in Atlanta to serve as a director of a bank, and the first on the board of the Atlanta Chamber of Commerce.
She is also a generous supporter of a wide range of cultural and educational charities, particularly relating to the arts and international affairs and has received many honorary doctorates and awards recognizing her efforts and philanthropy. She donated the money to build a new wing for the High Museum which opened in November 2005. In 2008 it was reported that she had become a passionate supporter of Democrat Barack Obama's presidential campaign in Georgia.[2]
She was married to Louis G. Johnson by whom she had two children: Katharine Ann (married 1st Jesse Kornbluth, married 2nd William P. Rayner) and Margaretta (married 1st James F. Granite, 2nd Dr. Alexander Taylor, 3rd Michael Rich). The marriage ended in divorce. In 1955, she married Robert William Chambers, by whom she had a son, James Cox Chambers (an actor, dancer, and choreographer).
[edit] See also
- List of billionaires
- James Worth Thornton- second cousin
