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# 264 Jim Kennedy $8.18B

Random fact: Sister Blair Parry-Okeden and three cousins are also billionaires.


Kennedy is the chairman emeritus of Cox Enterprises, a telecommunications and automotive services conglomerate. The Atlanta-based company controls the third-biggest US cable operator, serving more than 6 million homes and businesses. He owns almost one-quarter of the group, which had revenue of $20.9 billion in 2021.

As of :
Last change +$31.2M ( +0.4%)
YTD change +$374M ( +4.8%)
Biggest asset Cox Communications
Country / Region United States
Age 72
Industry Media & Telecom
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Jim Kennedy's net worth of $8.18B 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:

Kennedy is a grandson of James Cox, who founded Cox Enterprises. He owns almost 25% of the company; his sister, Blair Parry-Okeden, owns an equivalent share. They inherited their stake from their mother, Barbara Cox Anthony. Ownership is based on court documents and Cox's disclosure to Bloomberg that internal transactions resulted in equal stakes among the two owner families.

Cox Enterprises had revenue of $20.9 billion in 2021, according to information provided by the company. It has two main business units: Cox Communications and Cox Automotive.

Cox Communications is the third-largest cable operator in the US, according to the company's website. It had revenue of $13.1 billion in 2021 and is valued using the average enterprise value-to-Ebitda multiple of three publicly traded peer companies: Comcast, Verizon, and Rogers Communications.

Cox Automotive is a provider of car sales software technology. It had revenue of $7.6 billion in 2021 and is valued based on the average enterprise value-to-Ebitda multiples of KAR Auction Services, CarMax and Penske Automotive.

Kennedy's 25% share of corporate-level debt is included as a liability.

Natalie Giurato, a Cox group spokesperson, provided revenue figures without further comment.


Family: Married, 3 children

James Cox Kennedy is the grandson of James M. Cox, who founded Cox Enterprises after buying the Dayton Evening News in 1898. Cox became a politician, serving first as an Ohio state representative, then as governor. In 1920, he ran for the U.S. presidency as a Democrat, losing to fellow newspaper publisher Warren G. Harding.

Following his death in 1957, Cox's two daughters, Anne Cox Chambers and Barbara Cox Anthony -- Kennedy's mother -- took control of Cox Enterprises, which had diversified into television and radio. Chambers became the chairwoman of the company's Atlanta newspapers division, which owned the Atlanta Journal-Constitution. Anthony was chairwoman of the Dayton Newspapers division.

Kennedy began working at Cox Enterprises in 1972, two years after graduating from the University of Denver. He started out as a newspaper production assistant and worked his way up to general manager. In 1985, he was made vice president of Cox Newspapers. He was appointed chairman and CEO three years later. Today, Cox Enterprises operates newspapers as well as one of largest cable systems in the U.S. and automotive services brands.

  • 1898 Grandfather James M. Cox buys the Dayton Evening News.
  • 1922 Mother, Barbara Blair Cox Anthony, is born in Ohio.
  • 1970 Graduates from the University of Denver with a degree in business.
  • 1972 Takes job at Cox Enterprises as a newspaper production assistant.
  • 1988 Appointed chairman and chief executive officer of Cox Enterprises.
  • 1995 Company spins off Cox Communications in an initial public offering.
  • 2004 Inducted into Georgia State's College Business Hall of Fame.
  • 2007 Mother, Barbara Cox Anthony, dies.