Alfred C. Liggins Iii Net Worth · (2024)

Alfred C. Liggins III Net Worth: A Media Mogul’s Success Story

Alfred C. Liggins III is a renowned American media entrepreneur and the CEO of Urban One, Inc., formerly known as Radio One. With an impressive career spanning over three decades, Liggins has been instrumental in transforming Urban One into one of the largest and most influential media companies targeting African American and urban audiences. As a result, his net worth has grown significantly, making him one of the wealthiest individuals in the media industry. In this article, we will delve into Alfred C. Liggins III’s net worth, along with five interesting facts about his life and career.

1. Net Worth and Career Milestones: As of 2021, Alfred C. Liggins III has an estimated net worth of $450 million. His journey to success began when he took over his father’s small radio station in 1987 and transformed it into a powerhouse media conglomerate. Urban One now operates over 60 radio stations across the United States, a robust digital platform, and a cable TV network. Liggins has expanded the company’s reach by acquiring various media outlets, including TV One, Reach Media, and iOne Digital.

2. Billboard’s Power 100: Liggins’ impact on the media industry has not gone unnoticed. He has been recognized as one of the most influential individuals in the business, earning a spot on Billboard’s Power 100 list several times. This prestigious ranking acknowledges his significant contributions to the music and entertainment industry.

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3. Philanthropic Endeavors: Liggins is not only focused on business success but also actively engages in philanthropy. He established The Alfred C. Liggins Foundation, which supports various charitable initiatives. The foundation primarily focuses on providing scholarships and mentorship opportunities for underprivileged youth pursuing careers in media and broadcasting.

4. Early Life and Education: Alfred C. Liggins III was born on July 30, 1965, in Washington, D.C. His father, Cathy Hughes, was a pioneering media personality and the founder of Radio One. Liggins earned his Bachelor of Arts degree in Business Administration from the Wharton School at the University of Pennsylvania.

5. Family Legacy: Liggins comes from a family deeply rooted in media and broadcasting. His father, Cathy Hughes, is an iconic figure in the industry, having built a media empire from scratch. Liggins has continued the family legacy, successfully expanding and diversifying the business, while also making a name for himself.

Common Questions about Alfred C. Liggins III:

1. How old is Alfred C. Liggins III?
Alfred C. Liggins III was born on July 30, 1965, making him 56 years old as of 2021.

2. What is Alfred C. Liggins III’s height and weight?
Unfortunately, specific details about his height and weight are not publicly available.

3. Who is Alfred C. Liggins III’s spouse?
Alfred C. Liggins III is married to Michel Wright Liggins, his long-time partner and a former attorney.

4. How did Alfred C. Liggins III become the CEO of Urban One?
Liggins took over his father’s radio station in 1987 and gradually expanded it into a media empire, eventually becoming the CEO of Urban One.

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5. What is the primary focus of Urban One, Inc.?
Urban One, Inc. primarily targets African American and urban audiences, operating radio stations, television networks, and a robust digital platform.

6. What are some notable acquisitions made by Urban One, Inc. under Liggins’ leadership?
Urban One, Inc. has acquired several media outlets, including TV One, Reach Media, and iOne Digital.

7. Has Alfred C. Liggins III been recognized for his contributions to the industry?
Yes, Liggins has been recognized for his influential role in the media industry, earning a place on Billboard’s Power 100 list multiple times.

8. What is the estimated net worth of Alfred C. Liggins III?
As of 2021, Liggins’ net worth is estimated to be around $450 million.

9. Does Alfred C. Liggins III engage in philanthropy?
Yes, Liggins actively engages in philanthropy through The Alfred C. Liggins Foundation, which focuses on providing scholarships and mentorship opportunities.

10. How many radio stations does Urban One operate?
Urban One operates over 60 radio stations across the United States.

11. What is the purpose of The Alfred C. Liggins Foundation?
The Alfred C. Liggins Foundation primarily supports underprivileged youth pursuing careers in media and broadcasting through scholarships and mentorship.

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12. What degree does Alfred C. Liggins III hold?
Liggins earned a Bachelor of Arts degree in Business Administration from the Wharton School at the University of Pennsylvania.

13. What is Urban One’s cable TV network called?
Urban One operates a cable TV network called TV One.

14. What is Alfred C. Liggins III’s long-term vision for Urban One?
Liggins aims to continue expanding Urban One’s influence and reach while remaining committed to serving African American and urban audiences with diverse and compelling content.

In conclusion, Alfred C. Liggins III’s net worth and success story exemplify his remarkable achievements in the media industry. Through his leadership and entrepreneurial spirit, he has transformed Urban One into a media powerhouse, while also leaving a lasting impact on the community through his philanthropic endeavors. With his continued dedication and vision, Liggins is sure to make further strides in the media landscape.

• Susan Strans

  Susan Strans is a seasoned financial expert with a keen eye for the world of celebrity happenings. With years of experience in the finance industry, she combines her financial acumen with a deep passion for keeping up with the latest trends in the world of entertainment, ensuring that she provides unique insights into the financial aspects of celebrity life. Susan's expertise is a valuable resource for understanding the financial side of the glitzy and glamorous world of celebrities.

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