Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

#457 Rocco Commisso $4.39B

Random fact: Previously worked at Royal Bank of Canada and Chase Manhattan Bank.


Commisso is founder and chairman of Mediacom Communications, the fifth-largest cable television provider in the U.S. The company, which also offers broadband services, operates mainly across Midwestern and Southern states, and had revenue of $1.9 billion in 2017. He also owns the New York Cosmos soccer team.

As of March 22, 2018:
Last change +$13.5M (+0.3%)
YTD change -$253M (-5.5%)
Industry Media & Telecom
Biggest asset Mediacom
Citizenship United States
Age 68
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Rocco Commisso's net worth of $4.39B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

Commisso's fortune is derived from Mediacom Communications, the fifth-largest cable television provider in the U.S., according to a February 2018 press release. A 2015 company filing states that the billionaire is its sole shareholder.

The company is valued using its 2017 financial results and the enterprise value-to-Ebitda (earnings before interest, taxes, depreciation and amortization) multiple of three publicly traded peer companies: Comcast, Dish Network and Charter Communications.

Commisso isn't credited with any other assets. Mediacom is his primary source of his net worth, according to Mediacom spokesman Tom Larsen in October 2017. His majority ownership of the New York Cosmos soccer team is unlikely to have any value currently because the Brooklyn-based team operates at a loss and the future of the league it plays in is uncertain, according to a discussion with Sarbjit Sab Singh, who chairs Farmingdale State College's Sport Management department.

Commisso declined to comment on his net worth, according to Larsen.


Birthdate: 11/25/1949
Family: Married, 2 children
Education: Columbia College, Bachelor's Degree Columbia University, MBA

Commisso was born in southwest Italy on Nov. 25, 1949, according to researcher Relationship Science. He moved to the U.S. at age 12 and grew up in the Bronx. He secured a soccer scholarship to Columbia University where he studied engineering and graduated from its business school in 1975, according to Mediacom's website.

After working in banking for a decade, he joined Cablevision in 1986 where he was chief financial officer until 1995, when the company was sold. He parlayed his savings into cable company Mediacom that focused on markets in Midwestern and Southern states. The company listed on the Nasdaq in 2000 and Commisso took it private eleven years later for $3.6 billion, according to data compiled by Bloomberg.

Mediacom is now the fifth-largest cable television provider in the U.S., according to the company's website. The billionaire, who lives in New York, is married.

  • 1949 Rocco Commisso is born in Calabria, Italy.
  • 1962 Emigrates to the U.S.
  • 1975 Graduates from Columbia University's business school.
  • 1986 Joins Cablevision as chief financial officer.
  • 1995 Founds Mediacom after Cablevision is sold to Time Warner.
  • 2000 Lists Mediacom on the Nasdaq.
  • 2011 Takes Mediacom private.
  • 2016 Takes ownership of soccer team New York Cosmos.