Page 60 - Forbes - USA (March 2018)

T he Wo r l d ’ s b i ll i o n a i r e s

PeRfect

Timing

On his 55-year journey from penniless Italian immigrant
to multibillionaire cable magnate, Rocco Commisso has
shown an uncanny knack for being at the right place at
the right moment—and taking full advantage of it.

By Noah Kirsch

occo Commisso darts around his office, gnawing a stick of nicotine gum and playing show-and-
tell. “Look at the rates,” he says, holding up a plaque celebrating a $2.4 billion financing round
from 2001, his cable firm’s largest ever. Up next are some personal keepsakes: a picture with fel-
low billionaire Charles Dolan, a golden telescope to take in views of the Catskill Mountains, a
signed photo of Pelé, the Brazilian footballer. Every few minutes Commisso calls out to his as-
sistant as if this tour is taking place against his will. “Jen, this guy wants to see all of my personal
R stuff!” he yells. Then he scans the room for another prize to trot out.
Forgive him the braggadocio. Commisso, 68, has risen farther than nearly anyone in America. The son of a
penniless carpenter, he immigrated from Italy at age 12 unable to speak a word of English. A quirky talent for
playing the accordion got him into Catholic school, the first step on a prosperous path that included stops at
Columbia University and the Royal Bank of Canada before he founded his cable company, Mediacom, in 1995. Franco Vogt For Forbes
Mediacom focused on buying cable assets in rural areas, where prices were low and competition scant. The
firm has increased its top line every year since its founding; revenue neared $1.9 billion in 2017. Commisso

58 | FORBES MARCH 31, 2018