Early Life
Katharine Ann Johnson Rayner, known as Kathy, was born in either 1944 or 1945 in Atlanta, Georgia. She is the daughter of Anne Cox Chambers and Louis G. Johnson, and the granddaughter of James M. Cox, the founder of Cox Enterprises. She has a sister, Margaretta Taylor, and a half-brother, James Cox Chambers.
Rise to Success
Rayner's wealth originates from her inheritance. In 2015, her mother, Anne Cox Chambers, distributed her 49% share in Cox Enterprises equally among her three children. Katharine Rayner received a 17% stake, significantly increasing her net worth.
Key Business Strategies
While Rayner holds a significant stake in Cox Enterprises, she has not taken an active role in the company's operations.
Philanthropy
Katharine Rayner is actively involved in philanthropy. In 2019, she donated over $5 million to the Animal Medical Center in New York City. She has also made substantial contributions to the New York Public Library, including a $15 million gift to strengthen its research collections. She serves on the boards of the New York Public Library and the Morgan Library.
