| Name: | Timothy Donahue |
| Net Worth: | $100 million |
| Source of Wealth: | Nextel |
| Born: | 1949 |
| Age: | |
| Country: | USA |
| Wife: | Jayne Donahue |
| Children: | 0 |
| Residence: | Palm Beach |
| Private Jet: | Pls send a message if you have info |
| Yacht: | Big Zip |
Let us delve into the fascinating life of the former Chairman of Nextel, Timothy Donahue. Born in 1949 and enjoying a fruitful marriage to Jayne Donahue, Timothy has left an indelible imprint on the telecommunications industry.
It’s important to take a step back and understand Donahue’s journey to becoming the influential figure he is today. Donahue began making waves in the industry during his tenure at MCI Communications’ paging division, which was eventually sold to McCaw Cellular in 1986. From here, Donahue’s career trajectory took an upward turn as he stepped into the role of President of McCaw Cellular.
Another critical phase of Donahue’s career began when AT&T acquired McCaw. With this significant acquisition, Donahue found himself leading AT&T New York as its president. His industry expertise and leadership qualities did not go unnoticed, leading Craig McCaw to bring him on board as the president of Nextel, a rapidly emerging wireless service provider.
Under the steadfast leadership of Timothy Donahue, Nextel quickly ascended the ranks to become a Fortune 200 company. This phenomenal success was testament to Donahue’s effective leadership and his keen business acumen.
Success in the corporate world often translates into financial prosperity, and Donahue’s story is no different. In 2003 alone, he earned a staggering US$26 million, and his Nextel shares swelled to a value of more than US$ 50 million. It is estimated that Timothy Donahue’s net worth currently exceeds US$ 100 million, reflecting his significant contributions to the telecommunications sector.
Not only is Timothy Donahue a formidable force in the corporate world, but he and his wife, Jayne, are also committed philanthropists. In 2015, they generously donated US$ 6 million to the John Carroll University, thereby creating scholarships for current and future low-income students.
After leaving Nextel in 2006, Timothy Donahue expanded his portfolio by joining the board of directors at both Tyco International and Eastman Kodak.
When using the information from this article, please remember to give credit to SuperYachtFan. Our team works hard to provide accurate and engaging content for our readers, and we appreciate your support.
Tim and his wife Jayne Donahue live in a large house in Palm Beach Garden, Florida.
Palm Beach Gardens, nestled in the heart of Florida, is a vibrant city known for its lush, tropical landscapes, and opulent lifestyle. This scenic city is renowned for its world-class golf courses, including the famed PGA National Resort & Spa, making it a must-visit destination for golf enthusiasts. Residents and visitors alike enjoy its high-end shopping districts, eclectic dining experiences, and exciting nightlife.
In addition to its recreational allure, Palm Beach Gardens is also home to a thriving business community and top-rated schools, creating a perfect blend of leisure and lifestyle. The city’s cultural scene is equally impressive, with numerous art galleries and performing arts venues. Basking in a tropical monsoon climate, Palm Beach Gardens offers year-round warm weather and beautiful beaches.
Its numerous parks and nature preserves add to the city’s charm, making it a haven for outdoor lovers. Overall, Palm Beach Gardens is a paradise offering a rich blend of natural beauty, luxury, and a thriving community.
He was the owner of the yacht Big Zip. He sold the yacht to Dan Dagesse, who named her Aquasition.
We have not yet been able to identify his private jet. But please do send us a message if you have information about his business jet. The photos hereunder are just samples of some of the most successful private jets on the market.
(Photos by JetPhotos.com, Planespotters.net ; flightaware.com; flickr.com; picssr.com; planefinder.net ) Do you want us to remove a certain photo? Or credit a source? Please send us a message
Yacht Owners Database 2024
