Billionaire Profile
Rocco Commisso
Global Rank
#736

Image: Public domain | via Wikimedia Commons

Rocco Commisso

CEO, Mediacom Communications Corporation
US
Real-Time Net Worth
$5.5B
As of December 2025
Age
76
Source
Telecom
Industry
telecom
Citizenship
US

Biography

Rocco Commisso, born in Italy and now a U.S. citizen, is a prominent figure in the telecom industry and the founder, chairman, and CEO of Mediacom Communications Corporation, the fifth-largest cable television company in the United States. With an estimated net worth of $5.5 billion, Commisso's wealth stems primarily from his ventures in the telecom sector. His career began after immigrating to the U.S. at the age of 12. Commisso holds a Bachelor's degree in Industrial Engineering and an MBA from Columbia University. Beyond his business endeavors, Commisso is the owner of the New York Cosmos soccer team and the Italian football club ACF Fiorentina. He is known for his significant contributions to the cable television industry and is recognized as one of the most successful Italian immigrant entrepreneurs in American history.

Wealth Over Time

In-Depth Profile

Early Life

Rocco Benito Commisso was born in Marina di Gioiosa Ionica, Calabria, Italy, on November 25, 1949. At the age of 12, he immigrated to the United States with his family, settling in the Bronx, New York. Commisso attended Mount Saint Michael Academy in the Bronx and later earned a full scholarship to Columbia University, where he received a bachelor's degree in industrial engineering in 1971 and an MBA in 1975. He was also the co-captain of the Columbia's varsity soccer team.

Rise to Success

Commisso began his career at Pfizer Inc. before moving into the financial sector. He worked at Chase Manhattan Bank and the Royal Bank of Canada. From 1986 to 1995, he served as executive vice president, chief financial officer, and director of Cablevision Industries Corporation. In 1995, he founded Mediacom Communications Corporation, with the goal of acquiring and improving cable systems in smaller, underserved communities. He took Mediacom public in 2000 and then private again in 2011, solidifying his sole ownership.

Key Business Strategies

Commisso's strategy focused on acquiring cable assets in rural areas where competition was low. He has invested significantly in upgrading and expanding Mediacom's network, with nearly $13 billion invested in acquisitions and capital expenditures. His leadership has led to Mediacom being the fifth-largest cable operator in the U.S..

Philanthropy

Commisso supports education through Mediacom's World Class Scholars Program, the September 11th Memorial Scholarship Fund, and the Entrepreneur of Tomorrow Award, providing scholarships to over 1,200 students. He established the Rocco B. Commisso American Dream Fund at Mount Saint Michael Academy.

Career Milestones

1995

Founded Mediacom Communications Corporation

Founded Mediacom, the fifth-largest cable company in the U.S.

2000

Mediacom goes Public

Mediacom went public, becoming the 8th largest cable operator in the United States

2011

Mediacom goes Private

Mediacom went private, and became wholly owned by Commisso

2017

Purchased New York Cosmos

Commisso became the owner and chairman of the New York Cosmos

2019

Purchased ACF Fiorentina

Commisso bought the Italian football club Fiorentina

Philanthropy & Social Impact

Education

World Class Scholars Program

$XB

Provides college scholarships to students nationwide

Education

September 11th Memorial Scholarship Fund

$XB

Scholarship fund

Education

Entrepreneur of Tomorrow Award

$XB

Award for students

Education

Rocco B. Commisso American Dream Fund

$XB

Fund at Mount Saint Michael to support education

Business Philosophy & Leadership

Notable Quotes

"“I’m the fulfillment of the American dream in all ways.”"

"“No way. This is truly the land of opportunity. It gave this poor soul, OK, yeah, the opportunity to become something, somebody. And that's the beauty of America.”"

Leadership Principles

Focus on Underserved Markets

Commisso targeted smaller, rural markets in the cable industry where competition was limited

Strategic Acquisitions

He made numerous acquisitions to grow Mediacom into a major cable provider

Financial Acumen

Leveraging financial expertise to secure funding and manage debt effectively