George Lyle Lindemann
March 26, 1936
New York City, US
|Died||June 21, 2018 (aged 82) |
|Alma mater||Wharton School of the University of Pennsylvania|
|Net worth||US$3.2 billion|
|Title||Chairman and CEO, Southern Union|
|Spouse(s)||Frayda B. Lindemann|
George Lyle Lindemann (March 26, 1936 – June 21, 2018) was an American billionaire businessman who was the chairman and chief executive officer of Southern Union, a pipeline company. He also owned 19 Spanish-language radio stations.
Early life and education
From 1962 to 1972, Lindemann was the president of Smith, Miller and Patch, a pharmaceutical company. He sold Permalens, his family's eye-care company that developed the first permanent-wear soft contact lens, to Cooper Labs for $75 million in 1971. In 1972, Lindemann founded cable TV firm Vision Cable, which he sold a decade later to Samuel Irving Newhouse Jr. and his brother for $220 million. 
Shortly after, he founded a cell phone company, Metro Mobile, which he later sold to Bell Atlantic for $2.5 billion in 1991. He then shifted his focus to struggling natural gas pipeline company Southern Union, which he had acquired through Metro Mobile in 1990 for $125 million. He was CEO of Southern Union, and sold it in 2012 to Energy Transfer Equity, for approximately $2.0 billion.
Lindemann owned 19 Spanish-speaking radio stations. He was president of Cellular Dynamics and the managing general partner of Activated Communications Limited Partnership beginning in 1982. He was a general partner of Panhandle Eastern. He sat on the board of directors of HI Europe Limited and on the advisory board of Hudson Clean Energy Partners.
Philanthropy and political activities
- Adam Marc Lindemann, president of Lindemann Capital, is an art collector, gallerist, columnist for the New York Observer, and a former champion polo player. In 1989, he married Elizabeth Ashley Graham. Her maternal grandfather is Charles R. Denny, former chairman of the FCC. They had three daughters. The Lindemanns divorced, and Adam is now married to Amalia Dayan, the granddaughter of Moshe Dayan. The couple has two daughters.
- Sloan Lindemann Barnett sits on the board of trustees of the New York University School of Law and runs a natural health products business. She is married to Roger Barnett, CEO of Shaklee, the largest natural nutrition company in the US, and a son of Victor Barnett and Helaine M. Barnett. They have three children.
- George Lindemann Jr. is an art collector, investor, and philanthropist in Miami. He served time in prison after being convicted by a jury of insurance fraud.
Lindemann was the president of the board of directors of the Bass Museum of Art. He lived in Palm Beach, Florida, with further homes on the Upper East Side and in Greenwich, Connecticut. As of September 2011, he was the 736th richest person in the world, and the 220th richest in the US, with an estimated wealth of US$2.1 billion. He owned a 180-foot schooner, Adela, which has won international sailing competitions. The Lindemanns are members of the Jewish Federation of Palm Beach County.
- "Billionaires: George Lyle LINDEMANN". Wealth-X. Archived from the original on 2017-01-03. Retrieved 2017-01-02.
- Cohen, Ian. "Billionaire businessman George Lindemann dies". Palm Beach Daily News. Retrieved 29 June 2018.
- "Forbes profile: George Lindemann & family". Retrieved 14 March 2018.
- Hagerty, James R. (29 June 2018). "George Lindemann Made Bold Investments in Cable TV, Mobile Phones and Pipelines". Wall Street Journal. Retrieved 29 June 2018.
- "Stocks". Bloomberg.com. Retrieved 24 February 2018.
- Robert Trigaux, "Florida boasts 10 of world's richest" in St. Petersburg Times, February 28, 2003
- Peter Latterman and Michael J. De La Merced, "Natural Gas Bidding War Puts Spotlight on a Billionaire" in The New York Times, June 28, 2011
- "Wharton Magazine". Retrieved 24 February 2018.[permanent dead link]
- "The World's Billionaires (2016 ranking): #722 George Lindemann & family". Forbes. March 1, 2016. Retrieved 2017-01-02.
- Forbes Israel: Jewish Billionaires – Profile of George Lindemann April 14, 2013 (in Hebrew)
- "Politics - U.S. Political News, Opinion and Analysis". Retrieved 24 February 2018.
- Center for Jewish History Bulletin Archived 2013-02-27 at the Wayback Machine, Fall/Winter 2006
- Lindemann Young Artist Development Program, Metropolitan Opera
- The New York Times: "Elizabeth Graham, Graduate Student, Is Married to Adam Marc Lindemann", October 16, 1989
- New York University Law Alumni of the Month December 2009: Sloan Lindemann Barnett '93, retrieved May 3, 2013
- Mazzei, Patricia (2019-09-08). "The Florida Activist Is 78. The Legal Judgment Against Her Is $4 Million". The New York Times. ISSN 0362-4331. Retrieved 2019-09-08.
- "3-Year Term In '90 Killing Of Prize Horse". New York Times. January 19, 1996. Retrieved 2019-09-08.
- Jewish Federation of Palm Beach County Honor Roll 2011